Zacks Research Has Positive Estimate for AIT Q4 Earnings

Applied Industrial Technologies, Inc. (NYSE:AIT) – Investment analysts at Zacks Research upped their Q4 2026 EPS estimates for shares of Applied Industrial Technologies in a note issued to investors on Thursday, August 6th. Zacks Research analyst Team now expects that the industrial products company will post earnings of $2.90 per share for the quarter, up from their previous estimate of $2.89. The consensus estimate for Applied Industrial Technologies’ current full-year earnings is $10.71 per share. Zacks Research also issued estimates for Applied Industrial Technologies’ Q3 2027 earnings at $2.90 EPS, Q4 2027 earnings at $3.26 EPS, FY2027 earnings at $11.69 EPS, Q2 2028 earnings at $2.89 EPS, Q3 2028 earnings at $3.21 EPS, Q4 2028 earnings at $3.54 EPS and FY2028 earnings at $12.76 EPS.

Other research analysts have also issued reports about the company. Wall Street Zen lowered Applied Industrial Technologies from a “buy” rating to a “hold” rating in a research report on Saturday, May 2nd. Weiss Ratings restated a “buy (b)” rating on shares of Applied Industrial Technologies in a research report on Tuesday, July 21st. DA Davidson started coverage on Applied Industrial Technologies in a research note on Tuesday, June 16th. They set a “buy” rating and a $380.00 target price on the stock. KeyCorp upped their target price on Applied Industrial Technologies from $350.00 to $375.00 and gave the company an “overweight” rating in a report on Monday, July 13th. Finally, Mizuho increased their price target on shares of Applied Industrial Technologies from $330.00 to $355.00 and gave the stock an “outperform” rating in a research report on Tuesday, July 21st. Seven analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat, Applied Industrial Technologies presently has a consensus rating of “Moderate Buy” and a consensus price target of $336.71.

Applied Industrial Technologies Price Performance

AIT opened at $358.50 on Friday. The firm has a market capitalization of $13.25 billion, a P/E ratio of 33.85, a PEG ratio of 3.09 and a beta of 0.84. The stock has a fifty day moving average of $331.27 and a 200-day moving average of $300.25. The company has a quick ratio of 1.97, a current ratio of 2.95 and a debt-to-equity ratio of 0.19. Applied Industrial Technologies has a 12-month low of $238.34 and a 12-month high of $362.93.

Institutional Investors Weigh In On Applied Industrial Technologies

A number of hedge funds and other institutional investors have recently made changes to their positions in AIT. Goldman Sachs Group Inc. grew its stake in shares of Applied Industrial Technologies by 4.1% in the 1st quarter. Goldman Sachs Group Inc. now owns 381,187 shares of the industrial products company’s stock valued at $85,897,000 after buying an additional 14,926 shares in the last quarter. Empowered Funds LLC acquired a new stake in Applied Industrial Technologies in the first quarter valued at approximately $318,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its stake in Applied Industrial Technologies by 12.4% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 98,348 shares of the industrial products company’s stock valued at $22,162,000 after acquiring an additional 10,863 shares during the last quarter. Focus Partners Wealth grew its position in Applied Industrial Technologies by 4.5% in the first 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 in the last quarter. Finally, M&T Bank Corp bought a new stake in Applied Industrial Technologies in the second quarter worth approximately $217,000. 93.52% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at Applied Industrial Technologies

In related news, Director Madhuri A. Andrews sold 3,845 shares of Applied Industrial Technologies stock in a transaction on Thursday, June 18th. The stock was sold at an average price of $329.89, for a total transaction of $1,268,427.05. Following the completion of the sale, the director owned 4,951 shares of the company’s stock, valued at approximately $1,633,285.39. This trade represents a 43.71% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 1.60% of the company’s stock.

Applied Industrial Technologies Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, August 31st. Investors of record on Friday, August 14th will be issued a dividend of $0.51 per share. This represents a $2.04 annualized dividend and a dividend yield of 0.6%. The ex-dividend date is Friday, August 14th. Applied Industrial Technologies’s dividend payout ratio (DPR) is currently 19.26%.

Key Applied Industrial Technologies News

Here are the key news stories impacting Applied Industrial Technologies this week:

• Positive Sentiment: Zacks Research raised multiple EPS forecasts. The firm increased estimates for Q4 2026, Q3 2027, Q4 2027, FY2027, Q2–Q4 2028 and FY2028. Its FY2027 forecast rose to $11.69 per share from $11.65, while FY2028 increased to $12.76 from $12.73. The revisions indicate slightly stronger expected earnings, although the changes were small and primarily affect future periods.
• Positive Sentiment: Manufacturing conditions provide a favorable backdrop. A separate market report highlighted AIT among stocks positioned to benefit from manufacturing activity reaching a four-year high, with the sector recording seven consecutive months of growth. Stronger industrial production could support demand for AIT’s maintenance, repair and operating supplies. 5 Stocks to Grab as Manufacturing Activity Hits Four-Year High
• Neutral Sentiment: Investors are awaiting the next earnings report. Applied Industrial Technologies is expected to announce results on Thursday, making near-term trading sensitive to revenue trends, margins and management’s outlook. The current full-year analyst consensus is $10.71 in EPS. Applied Industrial Technologies Expected to Announce Earnings on Thursday

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.