Applied Industrial Technologies, Inc. (NYSE:AIT) Forecasted to Earn Q1 2026 Earnings of $2.14 Per Share

Applied Industrial Technologies, Inc. (NYSE:AIT) – Investment analysts at Zacks Research boosted their Q1 2026 EPS estimates for Applied Industrial Technologies in a research note issued to investors on Wednesday, April 17th. Zacks Research analyst S. Roy now anticipates that the industrial products company will earn $2.14 per share for the quarter, up from their prior estimate of $2.13. The consensus estimate for Applied Industrial Technologies’ current full-year earnings is $9.49 per share.

Other equities analysts have also recently issued reports about the stock. KeyCorp upped their price objective on shares of Applied Industrial Technologies from $195.00 to $210.00 and gave the stock an “overweight” rating in a research report on Thursday, April 11th. Oppenheimer assumed coverage on shares of Applied Industrial Technologies in a research note on Tuesday, April 2nd. They issued an “outperform” rating and a $235.00 price target on the stock. Five equities research analysts have rated the stock with a buy rating, According to MarketBeat, the company currently has a consensus rating of “Buy” and an average price target of $201.00.

Applied Industrial Technologies Trading Down 0.3 %

Shares of NYSE:AIT opened at $183.45 on Friday. The business’s 50 day moving average price is $190.23 and its 200-day moving average price is $174.65. Applied Industrial Technologies has a 1 year low of $122.24 and a 1 year high of $201.76. The firm has a market capitalization of $7.09 billion, a price-to-earnings ratio of 19.25, a price-to-earnings-growth ratio of 1.94 and a beta of 1.08. The company has a debt-to-equity ratio of 0.36, a current ratio of 3.74 and a quick ratio of 2.59.

Applied Industrial Technologies (NYSE:AIT) last released its quarterly earnings results on Thursday, January 25th. The industrial products company reported $2.24 earnings per share for the quarter, topping analysts’ consensus estimates of $2.11 by $0.13. Applied Industrial Technologies had a return on equity of 24.59% and a net margin of 8.39%. The company had revenue of $1.08 billion during the quarter, compared to analysts’ expectations of $1.06 billion. During the same quarter in the prior year, the firm posted $2.05 EPS. Applied Industrial Technologies’s quarterly revenue was up 1.6% compared to the same quarter last year.

Institutional Investors Weigh In On Applied Industrial Technologies

Several hedge funds and other institutional investors have recently made changes to their positions in AIT. FinTrust Capital Advisors LLC purchased a new stake in Applied Industrial Technologies in the 4th quarter valued at $25,000. ICA Group Wealth Management LLC acquired a new position in shares of Applied Industrial Technologies during the 4th quarter valued at about $26,000. Point72 Middle East FZE purchased a new stake in shares of Applied Industrial Technologies in the fourth quarter valued at about $28,000. State of Wyoming acquired a new stake in Applied Industrial Technologies during the fourth quarter worth about $29,000. Finally, Huntington National Bank raised its stake in Applied Industrial Technologies by 963.2% during the third quarter. Huntington National Bank now owns 202 shares of the industrial products company’s stock worth $31,000 after purchasing an additional 183 shares during the period. Institutional investors and hedge funds own 93.52% of the company’s stock.

Insider Transactions at Applied Industrial Technologies

In other news, VP Warren E. Hoffner III sold 2,000 shares of the firm’s stock in a transaction dated Friday, February 2nd. The shares were sold at an average price of $182.34, for a total value of $364,680.00. Following the transaction, the vice president now directly owns 57,155 shares of the company’s stock, valued at $10,421,642.70. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Insiders own 2.20% of the company’s stock.

Applied Industrial Technologies Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, February 29th. Shareholders of record on Thursday, February 15th were paid a dividend of $0.37 per share. This represents a $1.48 annualized dividend and a yield of 0.81%. The ex-dividend date was Wednesday, February 14th. This is a boost from Applied Industrial Technologies’s previous quarterly dividend of $0.35. Applied Industrial Technologies’s payout ratio is 15.53%.

Applied Industrial Technologies Company Profile

Applied Industrial Technologies, Inc distributes industrial motion, power, control, and automation technology solutions in North America, Australia, New Zealand, and Singapore. It operates in two segments, Service Center Based Distribution, and Engineered Solutions. The company distributes bearings, power transmission products, engineered fluid power components and systems, specialty flow control solutions, advanced automation products, industrial rubber products, linear motion components, automation solutions, tools, safety products, oilfield supplies, and other industrial and maintenance supplies; and motors, belting, drives, couplings, pumps, hydraulic and pneumatic components, filtration supplies, valves, fittings, process instrumentation, actuators, and hoses, filtration supplies, as well as other related supplies for general operational needs of customers' machinery and equipment.