Equities Analysts Offer Predictions for AIT Q2 Earnings

Applied Industrial Technologies, Inc. (NYSE:AIT) – Equities researchers at Zacks Research reduced their Q2 2026 earnings per share (EPS) estimates for shares of Applied Industrial Technologies in a research note issued on Thursday, January 22nd. Zacks Research analyst Team now forecasts that the industrial products company will post earnings per share of $2.47 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 equities research analysts have also weighed in on the stock. Mizuho set a $305.00 price objective on shares of Applied Industrial Technologies in a report on Wednesday, October 29th. Weiss Ratings reiterated a “buy (b)” rating on shares of Applied Industrial Technologies in a research note on Monday, December 29th. Six investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $287.50.

Applied Industrial Technologies Stock Performance

AIT opened at $280.08 on Friday. The company has a fifty day moving average of $262.61 and a 200 day moving average of $261.31. The stock has a market capitalization of $10.56 billion, a price-to-earnings ratio of 26.96, a PEG ratio of 2.86 and a beta of 0.87. 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 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 announced its quarterly earnings data on Tuesday, October 28th. The industrial products company reported $2.63 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.47 by $0.16. Applied Industrial Technologies had a net margin of 8.61% and a return on equity of 21.86%. The business had revenue of $1.20 billion during the quarter, compared to analyst estimates of $1.19 billion. During the same period last year, the firm posted $2.36 EPS. The company’s revenue 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 Investors Weigh In On Applied Industrial Technologies

Hedge funds have recently bought and sold shares of the stock. Capital International Investors acquired a new position in Applied Industrial Technologies in the 3rd quarter worth about $200,456,000. Norges Bank acquired a new stake in Applied Industrial Technologies in the second quarter valued at approximately $107,228,000. Qube Research & Technologies Ltd purchased a new stake in shares of Applied Industrial Technologies in the second quarter valued at approximately $81,722,000. Dundas Partners LLP increased its position in shares of Applied Industrial Technologies by 12,956.0% in the second quarter. Dundas Partners LLP now owns 266,212 shares of the industrial products company’s stock valued at $61,881,000 after buying an additional 264,173 shares in the last quarter. Finally, Squarepoint Ops LLC raised its stake in shares of Applied Industrial Technologies by 11,885.4% during the 2nd quarter. Squarepoint Ops LLC now owns 258,286 shares of the industrial products company’s stock worth $60,039,000 after buying an additional 256,131 shares during the period. Hedge funds and other institutional investors own 93.52% of the company’s stock.

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.