Applied Industrial Technologies (NYSE:AIT – Get Free Report) is expected to announce its Q4 2026 results before the market opens on Thursday, August 13th. Analysts expect the company to announce earnings of $2.92 per share and revenue of $1.2925 billion for the quarter. Interested persons are encouraged to explore the company’s upcoming Q4 2026 earning report page for the latest details on the call scheduled for Thursday, August 13, 2026 at 10:00 AM ET.
Applied Industrial Technologies Stock Performance
NYSE AIT opened at $353.71 on Wednesday. The company has a debt-to-equity ratio of 0.19, a current ratio of 2.95 and a quick ratio of 1.97. The company has a market cap of $13.07 billion, a P/E ratio of 33.40, a P/E/G ratio of 3.08 and a beta of 0.84. The stock has a 50-day moving average of $334.46 and a two-hundred day moving average of $301.87. Applied Industrial Technologies has a 1-year low of $238.34 and a 1-year high of $363.59.
Applied Industrial Technologies Announces Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Monday, August 31st. Stockholders of record on Friday, August 14th will be paid a $0.51 dividend. The ex-dividend date of this dividend is Friday, August 14th. This represents a $2.04 annualized dividend and a dividend yield of 0.6%. Applied Industrial Technologies’s dividend payout ratio (DPR) is presently 19.26%.
Insider Buying and Selling at Applied Industrial Technologies
Institutional Inflows and Outflows
Several institutional investors and hedge funds have recently added to or reduced their stakes in AIT. Smartleaf Asset Management LLC grew its stake in shares of Applied Industrial Technologies by 78.8% during the fourth quarter. Smartleaf Asset Management LLC now owns 177 shares of the industrial products company’s stock worth $46,000 after purchasing an additional 78 shares in the last quarter. Los Angeles Capital Management LLC acquired a new position in shares of Applied Industrial Technologies during the 4th quarter worth about $46,000. Johnson Financial Group Inc. acquired a new position in shares of Applied Industrial Technologies during the 3rd quarter worth about $69,000. Greenline Wealth Management LLC purchased a new position in shares of Applied Industrial Technologies in the 4th quarter valued at about $69,000. Finally, Parallel Advisors LLC increased its holdings in shares of Applied Industrial Technologies by 39.5% in the 4th quarter. Parallel Advisors LLC now owns 272 shares of the industrial products company’s stock valued at $70,000 after acquiring an additional 77 shares during the last quarter. Institutional investors and hedge funds own 93.52% of the company’s stock.
Analysts Set New Price Targets
Several equities research analysts recently weighed in on AIT shares. DA Davidson started coverage on shares of Applied Industrial Technologies in a research note on Tuesday, June 16th. They set a “buy” rating and a $380.00 target price on the stock. Robert W. Baird set a $317.00 price target on shares of Applied Industrial Technologies in a research report on Wednesday, April 29th. Weiss Ratings restated a “buy (b)” rating on shares of Applied Industrial Technologies in a research note on Tuesday, July 21st. KeyCorp upped their price objective on Applied Industrial Technologies from $350.00 to $375.00 and gave the stock an “overweight” rating in a research report on Monday, July 13th. Finally, Mizuho increased their price objective on Applied Industrial Technologies from $330.00 to $355.00 and gave the company an “outperform” rating in a research note on Tuesday, July 21st. Seven investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $336.71.
Check Out Our Latest Report on AIT
Applied Industrial Technologies Company Profile
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.
Featured Stories
- Five stocks we like better than Applied Industrial Technologies
- Atlassian Just Pulled Off the Software Comeback Wall Street Wanted
- AST SpaceMobile Earnings Just Reminded Investors How Risky Space Can Be
- NVIDIA’s Rally Sets Up a Bigger Test Ahead of Earnings
- Apple’s Next iPhone Could Test How Much Pricing Power Is Left
Receive News & Ratings for Applied Industrial Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Applied Industrial Technologies and related companies with MarketBeat.com's FREE daily email newsletter.
