What is Zacks Research’s Estimate for AIT FY2026 Earnings?

Applied Industrial Technologies, Inc. (NYSE:AIT) – Stock analysts at Zacks Research upped their FY2026 earnings per share estimates for shares of Applied Industrial Technologies in a research note issued on Tuesday, June 10th. Zacks Research analyst S. Roy now forecasts that the industrial products company will post earnings of $10.46 per share for the year, up from their previous estimate of $10.44. 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’ Q1 2027 earnings at $2.72 EPS, Q2 2027 earnings at $2.73 EPS and Q3 2027 earnings at $2.97 EPS.

Several other analysts also recently issued reports on AIT. Wall Street Zen downgraded Applied Industrial Technologies from a “buy” rating to a “hold” rating in a report on Saturday. KeyCorp cut their price objective on Applied Industrial Technologies from $325.00 to $275.00 and set an “overweight” rating on the stock in a report on Monday, March 17th. Loop Capital lowered their target price on Applied Industrial Technologies from $320.00 to $290.00 and set a “buy” rating on the stock in a research note on Thursday, April 17th. Finally, Raymond James reaffirmed an “outperform” rating and set a $250.00 target price (down previously from $265.00) on shares of Applied Industrial Technologies in a research note on Friday, May 2nd. Two research analysts have rated the stock with a hold rating and seven have issued a buy rating to the stock. Based on data from MarketBeat, Applied Industrial Technologies currently has an average rating of “Moderate Buy” and a consensus target price of $285.00.

Applied Industrial Technologies Price Performance

NYSE AIT opened at $225.05 on Friday. The stock’s 50-day moving average price is $227.67 and its two-hundred day moving average price is $241.15. The company has a current ratio of 3.76, a quick ratio of 2.55 and a debt-to-equity ratio of 0.32. The company has a market cap of $8.57 billion, a PE ratio of 22.80, a PEG ratio of 3.14 and a beta of 0.93. Applied Industrial Technologies has a 1 year low of $182.21 and a 1 year high of $282.98.

Applied Industrial Technologies (NYSE:AIT) last posted its quarterly earnings data on Thursday, May 1st. The industrial products company reported $2.57 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.40 by $0.17. The firm had revenue of $1.17 billion for the quarter, compared to the consensus estimate of $1.17 billion. Applied Industrial Technologies had a return on equity of 22.37% and a net margin of 8.62%. The business’s revenue for the quarter was up 1.8% compared to the same quarter last year. During the same quarter in the previous year, the company earned $2.48 EPS.

Applied Industrial Technologies announced that its Board of Directors has approved a stock buyback plan on Thursday, May 1st that permits the company to repurchase 1,500,000 shares. This repurchase authorization permits the industrial products company to buy shares of its stock through open market purchases. Shares repurchase plans are generally an indication that the company’s board believes its stock is undervalued.

Applied Industrial Technologies Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, May 30th. Investors of record on Thursday, May 15th were paid a $0.46 dividend. The ex-dividend date was Thursday, May 15th. This represents a $1.84 annualized dividend and a dividend yield of 0.82%. Applied Industrial Technologies’s payout ratio is 18.47%.

Institutional Investors Weigh In On Applied Industrial Technologies

Several large investors have recently made changes to their positions in the company. Inspire Investing LLC grew its stake in shares of Applied Industrial Technologies by 5.7% in the 1st quarter. Inspire Investing LLC now owns 2,914 shares of the industrial products company’s stock valued at $657,000 after buying an additional 157 shares in the last quarter. Strs Ohio bought a new stake in shares of Applied Industrial Technologies in the 1st quarter valued at approximately $8,878,000. Intech Investment Management LLC grew its stake in shares of Applied Industrial Technologies by 42.5% in the 1st quarter. Intech Investment Management LLC now owns 25,214 shares of the industrial products company’s stock valued at $5,682,000 after buying an additional 7,518 shares in the last quarter. Focus Partners Wealth grew its stake in shares of Applied Industrial Technologies by 4.5% in the 1st quarter. Focus Partners Wealth now owns 1,341 shares of the industrial products company’s stock valued at $302,000 after buying an additional 58 shares in the last quarter. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its stake in shares of Applied Industrial Technologies by 12.4% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 98,348 shares of the industrial products company’s stock valued at $22,162,000 after buying an additional 10,863 shares in the last quarter. 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.