Equities Analysts Offer Predictions for AIT Q2 Earnings

Applied Industrial Technologies, Inc. (NYSE:AIT) – Analysts at Zacks Research lowered their Q2 2026 EPS estimates for shares of Applied Industrial Technologies in a report released on Thursday, January 22nd. Zacks Research analyst Team now expects that the industrial products company will earn $2.47 per share for the quarter, down from their previous estimate 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.

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

Applied Industrial Technologies Stock Performance

NYSE AIT opened at $280.08 on Friday. The business’s 50 day moving average price is $262.61 and its 200-day moving average price is $261.21. Applied Industrial Technologies has a fifty-two week low of $199.96 and a fifty-two week high of $286.66. The company has a market cap of $10.56 billion, a P/E ratio of 26.96, a P/E/G ratio of 2.88 and a beta of 0.87. The company has a debt-to-equity ratio of 0.30, a quick ratio of 2.50 and a current ratio of 3.55.

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

Institutional Trading of Applied Industrial Technologies

Institutional investors and hedge funds have recently made changes to their positions in the business. First Trust Advisors LP increased its stake in Applied Industrial Technologies by 22.7% in the 3rd quarter. First Trust Advisors LP now owns 933,067 shares of the industrial products company’s stock worth $243,577,000 after buying an additional 172,857 shares during the period. Wellington Management Group LLP grew its stake in Applied Industrial Technologies by 24.7% in the 3rd quarter. Wellington Management Group LLP now owns 769,441 shares of the industrial products company’s stock worth $200,863,000 after acquiring an additional 152,197 shares in the last quarter. Capital International Investors bought a new position in Applied Industrial Technologies in the 3rd quarter worth about $200,456,000. Dimensional Fund Advisors LP increased its position in shares of Applied Industrial Technologies by 1.5% during the third quarter. Dimensional Fund Advisors LP now owns 720,352 shares of the industrial products company’s stock worth $188,040,000 after acquiring an additional 10,408 shares during the period. Finally, Boston Trust Walden Corp raised its stake in shares of Applied Industrial Technologies by 2.0% during the second quarter. Boston Trust Walden Corp now owns 508,120 shares of the industrial products company’s stock valued at $118,113,000 after acquiring an additional 10,015 shares in the last quarter. 93.52% of the stock is currently owned by institutional investors.

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.