What is Zacks Research’s Forecast for AIT Q2 Earnings?

Applied Industrial Technologies, Inc. (NYSE:AIT) – Stock analysts at Zacks Research reduced their Q2 2026 earnings per share (EPS) estimates for Applied Industrial Technologies in a report issued on Thursday, September 4th. Zacks Research analyst Team now expects that the industrial products company will earn $2.49 per share for the quarter, down from their previous forecast of $2.50. 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’ Q3 2026 earnings at $2.71 EPS, Q4 2026 earnings at $2.77 EPS, FY2026 earnings at $10.40 EPS, Q1 2027 earnings at $2.63 EPS, Q2 2027 earnings at $2.72 EPS, Q3 2027 earnings at $2.95 EPS, Q4 2027 earnings at $3.14 EPS, FY2027 earnings at $11.44 EPS and FY2028 earnings at $12.75 EPS.

Several other brokerages also recently issued reports on AIT. Bank of America increased their price objective on shares of Applied Industrial Technologies from $275.00 to $290.00 and gave the company a “buy” rating in a research report on Friday, August 22nd. Wall Street Zen raised shares of Applied Industrial Technologies from a “hold” rating to a “buy” rating in a research report on Saturday, July 26th. Robert W. Baird increased their price objective on shares of Applied Industrial Technologies from $265.00 to $300.00 and gave the company an “outperform” rating in a research report on Friday, August 15th. Oppenheimer increased their price objective on shares of Applied Industrial Technologies from $290.00 to $300.00 and gave the company an “outperform” rating in a research report on Friday, August 15th. Finally, Raymond James Financial downgraded shares of Applied Industrial Technologies from an “outperform” rating to a “market perform” rating in a research report on Friday, August 15th. Six research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $285.00.

Applied Industrial Technologies Stock Down 1.1%

Shares of NYSE:AIT opened at $265.14 on Friday. The company has a quick ratio of 2.36, a current ratio of 3.32 and a debt-to-equity ratio of 0.31. Applied Industrial Technologies has a 52-week low of $191.31 and a 52-week high of $282.98. The company has a 50 day moving average of $261.42 and a two-hundred day moving average of $240.51. The company has a market capitalization of $10.01 billion, a price-to-earnings ratio of 26.20, a price-to-earnings-growth ratio of 2.83 and a beta of 1.00.

Applied Industrial Technologies (NYSE:AIT) last issued its earnings results on Thursday, August 14th. The industrial products company reported $2.80 earnings per share for the quarter, topping the consensus estimate of $2.60 by $0.20. Applied Industrial Technologies had a return on equity of 21.78% and a net margin of 8.61%.The company had revenue of $1.22 billion during the quarter, compared to the consensus estimate of $1.18 billion. During the same quarter in the prior year, the business earned $2.64 earnings per share. The company’s revenue was up 5.5% compared to the same quarter last year. Applied Industrial Technologies has set its FY 2026 guidance at 10.000-10.75 EPS.

Applied Industrial Technologies Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, August 29th. Shareholders of record on Friday, August 15th were paid a dividend of $0.46 per share. The ex-dividend date was Friday, August 15th. This represents a $1.84 annualized dividend and a yield of 0.7%. Applied Industrial Technologies’s dividend payout ratio is presently 18.18%.

Insider Buying and Selling at Applied Industrial Technologies

In related news, VP Kurt W. Loring sold 8,523 shares of the firm’s stock in a transaction on Friday, August 22nd. The stock was sold at an average price of $267.06, for a total transaction of $2,276,152.38. Following the transaction, the vice president directly owned 19,273 shares in the company, valued at $5,147,047.38. This trade represents a 30.66% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, VP Jason W. Vasquez sold 7,466 shares of the firm’s stock in a transaction on Thursday, August 21st. The stock was sold at an average price of $260.08, for a total value of $1,941,757.28. Following the transaction, the vice president owned 14,491 shares in the company, valued at $3,768,819.28. This trade represents a 34.00% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 42,660 shares of company stock worth $11,217,980 over the last quarter. 1.67% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Applied Industrial Technologies

Several large investors have recently added to or reduced their stakes in AIT. MassMutual Private Wealth & Trust FSB lifted its stake in Applied Industrial Technologies by 51.2% during the first quarter. MassMutual Private Wealth & Trust FSB now owns 130 shares of the industrial products company’s stock worth $29,000 after purchasing an additional 44 shares during the last quarter. Rise Advisors LLC lifted its stake in Applied Industrial Technologies by 111.1% during the first quarter. Rise Advisors LLC now owns 133 shares of the industrial products company’s stock worth $30,000 after purchasing an additional 70 shares during the last quarter. Hantz Financial Services Inc. lifted its stake in 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 last quarter. Maseco LLP bought a new position in Applied Industrial Technologies during the second quarter worth $35,000. Finally, Harbor Investment Advisory LLC lifted its stake in Applied Industrial Technologies by 97.5% in the first quarter. Harbor Investment Advisory LLC now owns 160 shares of the industrial products company’s stock valued at $36,000 after buying an additional 79 shares during the last quarter. 93.52% of the stock is currently owned by institutional investors.

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.