Applied Industrial Technologies (AIT) to Release Quarterly Earnings on Tuesday

Applied Industrial Technologies (NYSE:AIT) will likely be announcing its Q2 2026 results before the market opens on Tuesday, January 27th. Analysts expect the company to announce earnings of $2.49 per share and revenue of $1.1696 billion for the quarter. Applied Industrial Technologies has set its FY 2026 guidance at 10.100-10.850 EPS. Individuals may visit the the company’s upcoming Q2 2026 earning results page for the latest details on the call scheduled for Tuesday, January 27, 2026 at 10:00 AM ET.

Applied Industrial Technologies (NYSE:AIT) last announced its quarterly earnings data on Tuesday, October 28th. The industrial products company reported $2.63 EPS for the quarter, beating analysts’ consensus estimates of $2.47 by $0.16. The firm had revenue of $1.20 billion during the quarter, compared to the consensus estimate of $1.19 billion. Applied Industrial Technologies had a net margin of 8.61% and a return on equity of 21.86%. The firm’s revenue was up 9.2% compared to the same quarter last year. During the same quarter last year, the firm earned $2.36 earnings per share. On average, analysts expect Applied Industrial Technologies to post $10 EPS for the current fiscal year and $11 EPS for the next fiscal year.

Applied Industrial Technologies Trading Down 0.8%

NYSE:AIT opened at $280.08 on Friday. Applied Industrial Technologies has a 52-week low of $199.96 and a 52-week high of $286.66. The company has a market capitalization of $10.56 billion, a PE ratio of 26.96, a price-to-earnings-growth ratio of 2.86 and a beta of 0.87. The company has a quick ratio of 2.50, a current ratio of 3.55 and a debt-to-equity ratio of 0.30. The stock has a fifty day simple moving average of $262.61 and a 200-day simple moving average of $261.31.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the stock. Vident Advisory LLC boosted its holdings in Applied Industrial Technologies by 21.7% during the second quarter. Vident Advisory LLC now owns 1,292 shares of the industrial products company’s stock worth $300,000 after buying an additional 230 shares during the last quarter. Canada Pension Plan Investment Board raised its position in shares of Applied Industrial Technologies by 28.6% in the 2nd quarter. Canada Pension Plan Investment Board now owns 1,800 shares of the industrial products company’s stock valued at $418,000 after acquiring an additional 400 shares during the period. M&T Bank Corp bought a new position in Applied Industrial Technologies during the 2nd quarter worth approximately $217,000. Focus Partners Wealth boosted its stake in Applied Industrial Technologies by 4.5% during the 1st quarter. Focus Partners Wealth now owns 1,341 shares of the industrial products company’s stock worth $302,000 after acquiring an additional 58 shares during the last quarter. Finally, Empowered Funds LLC acquired a new stake in Applied Industrial Technologies in the first quarter worth $318,000. Institutional investors and hedge funds own 93.52% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages have recently commented on AIT. Mizuho set a $305.00 target price on shares of Applied Industrial Technologies in a research note on Wednesday, October 29th. Weiss Ratings reiterated a “buy (b)” rating on shares of Applied Industrial Technologies in a research note on Monday, December 29th. Six equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $287.50.

About Applied Industrial Technologies

Applied Industrial Technologies, listed on the New York Stock Exchange under the symbol AIT, is a leading distributor of industrial products and services. The company offers a comprehensive range of bearings, power transmission components, fluid power products, industrial rubber products, and automation solutions. Through its network of distribution centers and branch locations, Applied Industrial Technologies serves diverse end markets including manufacturing, oil and gas, mining, food and beverage, and wastewater treatment.

Founded in 1923 and headquartered in Cleveland, Ohio, Applied Industrial Technologies has grown through a combination of organic expansion and strategic acquisitions.