Zacks Research Issues Positive Forecast for AIT Earnings

Applied Industrial Technologies, Inc. (NYSE:AIT) – Stock analysts at Zacks Research lifted their Q2 2025 earnings per share (EPS) estimates for shares of Applied Industrial Technologies in a report issued on Monday, January 13th. Zacks Research analyst S. Roy now forecasts that the industrial products company will earn $2.20 per share for the quarter, up from their prior forecast of $2.19. The consensus estimate for Applied Industrial Technologies’ current full-year earnings is $9.76 per share. Zacks Research also issued estimates for Applied Industrial Technologies’ FY2025 earnings at $9.75 EPS and Q1 2026 earnings at $2.45 EPS.

A number of other analysts also recently weighed in on the company. Loop Capital increased their price objective on Applied Industrial Technologies from $230.00 to $270.00 and gave the company a “buy” rating in a report on Monday, October 28th. Mizuho started coverage on Applied Industrial Technologies in a research note on Tuesday, October 22nd. They issued an “outperform” rating and a $285.00 price target for the company. Raymond James lifted their price objective on Applied Industrial Technologies from $225.00 to $250.00 and gave the stock an “outperform” rating in a research note on Friday, October 25th. Robert W. Baird increased their target price on shares of Applied Industrial Technologies from $210.00 to $250.00 and gave the company an “outperform” rating in a research report on Wednesday, October 16th. Finally, Bank of America upgraded shares of Applied Industrial Technologies from a “neutral” rating to a “buy” rating and boosted their price target for the stock from $285.00 to $315.00 in a research report on Tuesday, November 26th. Two analysts have rated the stock with a hold rating and seven have issued a buy rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $285.71.

Applied Industrial Technologies Trading Up 1.8 %

Shares of NYSE AIT opened at $252.92 on Wednesday. The stock has a market cap of $9.72 billion, a P/E ratio of 25.81, a price-to-earnings-growth ratio of 3.71 and a beta of 1.08. The firm has a 50 day moving average price of $260.15 and a two-hundred day moving average price of $228.05. The company has a debt-to-equity ratio of 0.33, a quick ratio of 2.74 and a current ratio of 3.78. Applied Industrial Technologies has a 52-week low of $166.37 and a 52-week high of $282.98.

Applied Industrial Technologies (NYSE:AIT) last released its quarterly earnings data on Thursday, October 24th. The industrial products company reported $2.36 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.25 by $0.11. Applied Industrial Technologies had a return on equity of 22.68% and a net margin of 8.57%. The company had revenue of $1.10 billion during the quarter, compared to the consensus estimate of $1.08 billion. During the same quarter in the prior year, the firm posted $2.39 earnings per share. The firm’s revenue was up .3% compared to the same quarter last year.

Institutional Trading of Applied Industrial Technologies

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Headlands Technologies LLC bought a new stake in shares of Applied Industrial Technologies during the second quarter worth about $26,000. V Square Quantitative Management LLC bought a new position in Applied Industrial Technologies in the 3rd quarter valued at about $34,000. First Horizon Advisors Inc. boosted its stake in Applied Industrial Technologies by 106.0% during the 3rd quarter. First Horizon Advisors Inc. now owns 171 shares of the industrial products company’s stock valued at $38,000 after purchasing an additional 88 shares during the last quarter. Quarry LP bought a new stake in Applied Industrial Technologies during the 2nd quarter worth approximately $39,000. Finally, UMB Bank n.a. raised its stake in shares of Applied Industrial Technologies by 68.1% in the third quarter. UMB Bank n.a. now owns 190 shares of the industrial products company’s stock worth $42,000 after purchasing an additional 77 shares during the last quarter. Institutional investors own 93.52% of the company’s stock.

Insider Activity at Applied Industrial Technologies

In related news, VP Warren E. Hoffner III sold 4,000 shares of the company’s stock in a transaction that occurred on Wednesday, November 27th. The stock was sold at an average price of $281.64, for a total transaction of $1,126,560.00. Following the transaction, the vice president now directly owns 55,709 shares of the company’s stock, valued at approximately $15,689,882.76. This represents a 6.70 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Mary Dean Hall sold 2,200 shares of the firm’s stock in a transaction that occurred on Wednesday, November 27th. The shares were sold at an average price of $275.08, for a total value of $605,176.00. Following the completion of the sale, the director now directly owns 3,462 shares of the company’s stock, valued at $952,326.96. This trade represents a 38.86 % decrease in their position. The disclosure for this sale can be found here. 1.67% of the stock is owned by corporate insiders.

Applied Industrial Technologies Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, November 29th. Stockholders of record on Friday, November 15th were paid a $0.37 dividend. The ex-dividend date of this dividend was Friday, November 15th. This represents a $1.48 annualized dividend and a dividend yield of 0.59%. Applied Industrial Technologies’s dividend payout ratio is currently 15.10%.

About Applied Industrial Technologies

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.