Zacks Research Has Negative Estimate for AIT Q3 Earnings

Applied Industrial Technologies, Inc. (NYSE:AIT) – Zacks Research reduced their Q3 2025 earnings per share estimates for Applied Industrial Technologies in a note issued to investors on Wednesday, February 19th. Zacks Research analyst S. Roy now expects that the industrial products company will earn $2.40 per share for the quarter, down from their previous estimate of $2.48. The consensus estimate for Applied Industrial Technologies’ current full-year earnings is $9.87 per share. Zacks Research also issued estimates for Applied Industrial Technologies’ FY2025 earnings at $9.86 EPS, Q1 2026 earnings at $2.46 EPS, Q3 2026 earnings at $2.75 EPS, Q4 2026 earnings at $2.85 EPS, FY2026 earnings at $10.62 EPS, Q1 2027 earnings at $2.69 EPS, Q2 2027 earnings at $2.72 EPS and FY2027 earnings at $11.43 EPS.

Applied Industrial Technologies (NYSE:AIT) last posted its earnings results on Wednesday, January 29th. The industrial products company reported $2.39 EPS for the quarter, beating the consensus estimate of $2.21 by $0.18. Applied Industrial Technologies had a return on equity of 22.37% and a net margin of 8.62%.

Several other equities research analysts have also recently issued reports on AIT. Oppenheimer boosted their price target on Applied Industrial Technologies from $260.00 to $305.00 and gave the company an “outperform” rating in a research note on Thursday, November 14th. Raymond James reiterated an “outperform” rating and issued a $265.00 price target (up from $250.00) on shares of Applied Industrial Technologies in a research note on Thursday, January 30th. Robert W. Baird boosted their price target on Applied Industrial Technologies from $250.00 to $275.00 and gave the company an “outperform” rating in a research note on Thursday, January 30th. StockNews.com cut Applied Industrial Technologies from a “buy” rating to a “hold” rating in a research note on Thursday, January 23rd. Finally, KeyCorp boosted their price target on Applied Industrial Technologies from $275.00 to $325.00 and gave the company an “overweight” rating in a research note on Tuesday, December 3rd. Two analysts have rated the stock with a hold rating and seven have issued a buy rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $291.43.

Applied Industrial Technologies Trading Down 0.8 %

Shares of AIT stock opened at $263.90 on Friday. 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 stock has a market cap of $10.13 billion, a P/E ratio of 26.74, a price-to-earnings-growth ratio of 3.40 and a beta of 1.08. The stock has a 50 day simple moving average of $254.09 and a 200 day simple moving average of $238.85. Applied Industrial Technologies has a 1 year low of $177.68 and a 1 year high of $282.98.

Institutional Trading of Applied Industrial Technologies

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Mackenzie Financial Corp increased its holdings in Applied Industrial Technologies by 37.8% in the fourth quarter. Mackenzie Financial Corp now owns 3,389 shares of the industrial products company’s stock valued at $812,000 after purchasing an additional 930 shares during the period. US Asset Management LLC acquired a new stake in Applied Industrial Technologies in the fourth quarter valued at $435,000. GTS Securities LLC increased its holdings in Applied Industrial Technologies by 22.0% in the fourth quarter. GTS Securities LLC now owns 1,188 shares of the industrial products company’s stock valued at $284,000 after purchasing an additional 214 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its holdings in Applied Industrial Technologies by 15.5% in the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 87,485 shares of the industrial products company’s stock valued at $20,950,000 after purchasing an additional 11,764 shares during the period. Finally, Zurich Insurance Group Ltd FI increased its holdings in Applied Industrial Technologies by 0.6% in the fourth quarter. Zurich Insurance Group Ltd FI now owns 379,460 shares of the industrial products company’s stock valued at $90,869,000 after purchasing an additional 2,374 shares during the period. 93.52% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In other news, VP Warren E. Hoffner III sold 4,000 shares of the stock in a transaction on Wednesday, November 27th. The stock was sold at an average price of $281.64, for a total value of $1,126,560.00. Following the completion of the transaction, the vice president now directly owns 55,709 shares in the company, valued at approximately $15,689,882.76. This represents a 6.70 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Mary Dean Hall sold 2,200 shares of the stock in a transaction on Wednesday, November 27th. The shares were sold at an average price of $275.08, for a total value of $605,176.00. Following the completion of the transaction, the director now owns 3,462 shares of the company’s stock, valued at $952,326.96. The trade was a 38.86 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 1.67% of the stock is owned by corporate insiders.

Applied Industrial Technologies Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, February 28th. Stockholders of record on Friday, February 14th will be paid a $0.46 dividend. This represents a $1.84 dividend on an annualized basis and a dividend yield of 0.70%. This is a boost from Applied Industrial Technologies’s previous quarterly dividend of $0.37. The ex-dividend date of this dividend is Friday, February 14th. Applied Industrial Technologies’s dividend payout ratio is presently 18.64%.

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.