Q1 2026 EPS Estimates for Applied Industrial Technologies, Inc. (NYSE:AIT) Raised by Zacks Research

Applied Industrial Technologies, Inc. (NYSE:AIT) – Equities researchers at Zacks Research boosted their Q1 2026 earnings estimates for shares of 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 post earnings per share of $2.14 for the quarter, up from their previous forecast of $2.13. The consensus estimate for Applied Industrial Technologies’ current full-year earnings is $9.49 per share.

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

AIT has been the subject of a number of other reports. Oppenheimer started 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 objective for the company. KeyCorp lifted their price objective on shares of Applied Industrial Technologies from $195.00 to $210.00 and gave the company an “overweight” rating in a research note on Thursday, April 11th. Five investment analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, Applied Industrial Technologies presently has a consensus rating of “Buy” and a consensus price target of $201.00.

Applied Industrial Technologies Trading Down 0.2 %

Shares of AIT stock opened at $184.08 on Friday. The company has a 50 day moving average of $190.32 and a 200-day moving average of $174.31. The company has a quick ratio of 2.59, a current ratio of 3.74 and a debt-to-equity ratio of 0.36. Applied Industrial Technologies has a 12-month low of $122.24 and a 12-month high of $201.76. The firm has a market cap of $7.12 billion, a P/E ratio of 19.32, a PEG ratio of 1.94 and a beta of 1.08.

Applied Industrial Technologies Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, February 29th. Stockholders of record on Thursday, February 15th were issued a dividend of $0.37 per share. This is an increase from Applied Industrial Technologies’s previous quarterly dividend of $0.35. This represents a $1.48 dividend on an annualized basis and a dividend yield of 0.80%. The ex-dividend date was Wednesday, February 14th. Applied Industrial Technologies’s payout ratio is currently 15.53%.

Insider Transactions at Applied Industrial Technologies

In other Applied Industrial Technologies news, VP Warren E. Hoffner III sold 2,000 shares of the business’s stock in a transaction on Friday, February 2nd. The shares were sold at an average price of $182.34, for a total value of $364,680.00. Following the completion of the sale, 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 Securities & Exchange Commission, which is accessible through the SEC website. 2.20% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Applied Industrial Technologies

Hedge funds have recently modified their holdings of the company. BlackRock Inc. increased its position in shares of Applied Industrial Technologies by 7.0% during the first quarter. BlackRock Inc. now owns 7,001,286 shares of the industrial products company’s stock valued at $718,751,000 after buying an additional 459,302 shares during the period. Vanguard Group Inc. lifted its position in Applied Industrial Technologies by 0.3% during the fourth quarter. Vanguard Group Inc. now owns 5,072,162 shares of the industrial products company’s stock valued at $875,912,000 after purchasing an additional 14,858 shares during the period. FMR LLC lifted its position in Applied Industrial Technologies by 38.5% during the third quarter. FMR LLC now owns 1,625,565 shares of the industrial products company’s stock valued at $251,329,000 after purchasing an additional 451,876 shares during the period. State Street Corp raised its position in Applied Industrial Technologies by 0.7% in the third quarter. State Street Corp now owns 1,383,105 shares of the industrial products company’s stock worth $142,156,000 after acquiring an additional 10,144 shares during the period. Finally, Dimensional Fund Advisors LP raised its position in Applied Industrial Technologies by 2.3% in the fourth quarter. Dimensional Fund Advisors LP now owns 947,207 shares of the industrial products company’s stock worth $163,575,000 after acquiring an additional 21,276 shares during the period. Hedge funds and other institutional investors own 93.52% of the company’s stock.

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.