Q1 2026 EPS Estimates for Applied Industrial Technologies, Inc. (NYSE:AIT) Boosted by Analyst

Applied Industrial Technologies, Inc. (NYSE:AIT) – Investment analysts at Zacks Research boosted their Q1 2026 EPS estimates for shares of Applied Industrial Technologies in a research note issued to investors on Wednesday, April 17th. Zacks Research analyst S. Roy now expects that the industrial products company will earn $2.14 per share for the quarter, up from their previous estimate of $2.13. The consensus estimate for Applied Industrial Technologies’ current full-year earnings is $9.49 per share.

Several other research firms have also issued reports on AIT. Oppenheimer initiated coverage on shares of Applied Industrial Technologies in a report on Tuesday, April 2nd. They issued an “outperform” rating and a $235.00 target price for the company. KeyCorp upped their price target on Applied Industrial Technologies from $195.00 to $210.00 and gave the stock 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 an average rating of “Buy” and a consensus price target of $201.00.

Applied Industrial Technologies Trading Down 0.3 %

Applied Industrial Technologies stock opened at $183.52 on Friday. The firm has a 50 day moving average of $190.23 and a 200 day moving average of $174.51. The firm has a market capitalization of $7.10 billion, a price-to-earnings ratio of 19.26, a P/E/G ratio of 1.94 and a beta of 1.08. Applied Industrial Technologies has a 12-month low of $122.24 and a 12-month high of $201.76. The company has a current ratio of 3.74, a quick ratio of 2.59 and a debt-to-equity ratio of 0.36.

Applied Industrial Technologies (NYSE:AIT) last released its 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. The company had revenue of $1.08 billion during the quarter, compared to analyst estimates of $1.06 billion. Applied Industrial Technologies had a net margin of 8.39% and a return on equity of 24.59%. The firm’s quarterly revenue was up 1.6% compared to the same quarter last year. During the same period in the prior year, the firm posted $2.05 EPS.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of AIT. Raymond James & Associates boosted its position in shares of Applied Industrial Technologies by 13.1% during the 1st quarter. Raymond James & Associates now owns 14,939 shares of the industrial products company’s stock valued at $1,534,000 after acquiring an additional 1,726 shares during the last quarter. Raymond James Financial Services Advisors Inc. bought a new position in shares of Applied Industrial Technologies during the 1st quarter valued at approximately $271,000. Citigroup Inc. boosted its position in shares of Applied Industrial Technologies by 3.4% during the 1st quarter. Citigroup Inc. now owns 38,917 shares of the industrial products company’s stock valued at $3,995,000 after acquiring an additional 1,262 shares during the last quarter. Bank of Montreal Can boosted its position in shares of Applied Industrial Technologies by 35.6% during the 1st quarter. Bank of Montreal Can now owns 16,704 shares of the industrial products company’s stock valued at $1,702,000 after acquiring an additional 4,388 shares during the last quarter. Finally, MetLife Investment Management LLC boosted its position in shares of Applied Industrial Technologies by 53.9% during the 1st quarter. MetLife Investment Management LLC now owns 20,446 shares of the industrial products company’s stock valued at $2,099,000 after acquiring an additional 7,164 shares during the last quarter. 93.52% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other Applied Industrial Technologies news, VP Warren E. Hoffner III sold 2,000 shares of the company’s stock in a transaction that occurred on Friday, February 2nd. The stock was sold at an average price of $182.34, for a total value of $364,680.00. Following the completion of the transaction, the vice president now directly owns 57,155 shares in the company, valued at approximately $10,421,642.70. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. 2.20% of the stock is currently owned by corporate insiders.

Applied Industrial Technologies Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, February 29th. Shareholders of record on Thursday, February 15th were paid a $0.37 dividend. This represents a $1.48 annualized dividend and a yield of 0.81%. This is an increase from Applied Industrial Technologies’s previous quarterly dividend of $0.35. The ex-dividend date was Wednesday, February 14th. Applied Industrial Technologies’s dividend payout ratio is presently 15.53%.

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.