Zacks Research Issues Pessimistic Outlook for AIT Earnings

Applied Industrial Technologies, Inc. (NYSE:AIT) – Equities researchers at Zacks Research dropped their Q2 2026 earnings estimates for Applied Industrial Technologies in a note issued to investors on Thursday, January 22nd. Zacks Research analyst Team now anticipates that the industrial products company will post earnings of $2.47 per share for the quarter, down from their previous forecast of $2.48. The consensus estimate for Applied Industrial Technologies’ current full-year earnings is $9.90 per share. Zacks Research also issued estimates for Applied Industrial Technologies’ Q4 2026 earnings at $2.79 EPS, Q1 2027 earnings at $2.77 EPS, Q2 2027 earnings at $2.68 EPS and Q3 2027 earnings at $2.90 EPS.

Applied Industrial Technologies (NYSE:AIT) last announced its quarterly earnings results on Tuesday, October 28th. The industrial products company reported $2.63 earnings per share for the quarter, beating the consensus estimate of $2.47 by $0.16. The company had revenue of $1.20 billion during the quarter, compared to analysts’ expectations of $1.19 billion. Applied Industrial Technologies had a return on equity of 21.86% and a net margin of 8.61%.The firm’s quarterly revenue was up 9.2% compared to the same quarter last year. During the same period in the previous year, the business earned $2.36 earnings per share. Applied Industrial Technologies has set its FY 2026 guidance at 10.100-10.850 EPS.

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

Applied Industrial Technologies Stock Down 0.6%

AIT stock opened at $282.17 on Friday. Applied Industrial Technologies has a twelve month low of $199.96 and a twelve month high of $286.66. The firm has a market capitalization of $10.64 billion, a PE ratio of 27.16, a PEG ratio of 2.90 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 50-day simple moving average of $261.98 and a two-hundred day simple moving average of $260.96.

Institutional Investors Weigh In On Applied Industrial Technologies

Institutional investors have recently made changes to their positions in the business. Smartleaf Asset Management LLC increased its stake in Applied Industrial Technologies by 890.0% in the 3rd quarter. Smartleaf Asset Management LLC now owns 99 shares of the industrial products company’s stock worth $26,000 after purchasing an additional 89 shares during the period. Root Financial Partners LLC purchased a new position in shares of Applied Industrial Technologies in the third quarter valued at about $27,000. Abich Financial Wealth Management LLC bought a new position in shares of Applied Industrial Technologies during the third quarter valued at about $29,000. Hantz Financial Services Inc. boosted its holdings in shares of Applied Industrial Technologies by 2,033.3% during the second quarter. Hantz Financial Services Inc. now owns 128 shares of the industrial products company’s stock worth $30,000 after purchasing an additional 122 shares during the period. Finally, V Square Quantitative Management LLC bought a new stake in shares of Applied Industrial Technologies in the fourth quarter worth about $34,000. Hedge funds and other institutional investors own 93.52% of the company’s stock.

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.