What is Zacks Research’s Estimate for AIT Q1 Earnings?

Applied Industrial Technologies, Inc. (NYSE:AIT) – Stock analysts at Zacks Research increased their Q1 2027 EPS estimates for Applied Industrial Technologies in a research note issued to investors on Tuesday, December 2nd. Zacks Research analyst Team now forecasts that the industrial products company will post earnings of $2.71 per share for the quarter, up from their prior forecast of $2.70. 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’ FY2028 earnings at $12.70 EPS.

A number of other equities research analysts also recently commented on AIT. Weiss Ratings restated a “buy (b-)” rating on shares of Applied Industrial Technologies in a research report on Monday. Bank of America boosted their price objective on shares of Applied Industrial Technologies from $275.00 to $290.00 and gave the company a “buy” rating in a report on Friday, August 22nd. Raymond James Financial lowered shares of Applied Industrial Technologies from an “outperform” rating to a “market perform” rating in a research note on Friday, August 15th. Mizuho set a $305.00 price target on shares of Applied Industrial Technologies in a research report on Wednesday, October 29th. Finally, Robert W. Baird upped their price objective on shares of Applied Industrial Technologies from $265.00 to $300.00 and gave the stock an “outperform” rating in a report on Friday, August 15th. Six analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $287.50.

Applied Industrial Technologies Trading Down 0.3%

AIT opened at $258.05 on Thursday. The stock has a market capitalization of $9.73 billion, a PE ratio of 24.84, a P/E/G ratio of 2.64 and a beta of 0.85. Applied Industrial Technologies has a one year low of $199.96 and a one year high of $280.95. The company has a debt-to-equity ratio of 0.30, a quick ratio of 2.50 and a current ratio of 3.55. The business’s 50 day moving average price is $254.31 and its 200 day moving average price is $252.41.

Applied Industrial Technologies (NYSE:AIT) last posted its quarterly earnings results on Tuesday, October 28th. The industrial products company reported $2.63 earnings per share for the quarter, beating the consensus estimate of $2.47 by $0.16. The business had revenue of $1.20 billion during the quarter, compared to analysts’ expectations of $1.19 billion. Applied Industrial Technologies had a net margin of 8.61% and a return on equity of 21.86%. The business’s revenue for the quarter was up 9.2% on a year-over-year basis. During the same quarter in the prior year, the company posted $2.36 EPS. Applied Industrial Technologies has set its FY 2026 guidance at 10.100-10.850 EPS.

Institutional Investors Weigh In On Applied Industrial Technologies

Several large investors have recently added to or reduced their stakes in the business. Allworth Financial LP boosted its position in Applied Industrial Technologies by 446.4% in the 3rd quarter. Allworth Financial LP now owns 153 shares of the industrial products company’s stock valued at $40,000 after buying an additional 125 shares during the period. Swiss Life Asset Management Ltd raised its stake in shares of Applied Industrial Technologies by 76.9% in the third quarter. Swiss Life Asset Management Ltd now owns 1,755 shares of the industrial products company’s stock valued at $458,000 after acquiring an additional 763 shares in the last quarter. CIBC Bancorp USA Inc. acquired a new stake in shares of Applied Industrial Technologies in the third quarter valued at $208,000. WBI Investments LLC boosted its holdings in Applied Industrial Technologies by 173.0% in the third quarter. WBI Investments LLC now owns 2,629 shares of the industrial products company’s stock valued at $686,000 after purchasing an additional 1,666 shares during the period. Finally, Coldstream Capital Management Inc. grew its stake in Applied Industrial Technologies by 7.8% during the 3rd quarter. Coldstream Capital Management Inc. now owns 2,481 shares of the industrial products company’s stock worth $648,000 after purchasing an additional 180 shares in the last quarter. 93.52% of the stock is owned by hedge funds and other institutional investors.

Applied Industrial Technologies Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, November 28th. Stockholders of record on Friday, November 14th were paid a $0.46 dividend. The ex-dividend date of this dividend was Friday, November 14th. This represents a $1.84 annualized dividend and a dividend yield of 0.7%. Applied Industrial Technologies’s dividend payout ratio (DPR) is presently 17.71%.

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.