Zacks Research Has Positive Estimate for AIT Q2 Earnings

Applied Industrial Technologies, Inc. (NYSE:AIT) – Research analysts at Zacks Research raised their Q2 2025 earnings estimates for shares of Applied Industrial Technologies in a note issued to investors on Monday, December 9th. Zacks Research analyst S. Roy now expects that the industrial products company will post earnings per share of $2.19 for the quarter, up from their prior estimate of $2.18. The consensus estimate for Applied Industrial Technologies’ current full-year earnings is $9.76 per share. Zacks Research also issued estimates for Applied Industrial Technologies’ FY2025 earnings at $9.73 EPS, Q4 2026 earnings at $2.83 EPS and FY2027 earnings at $11.29 EPS.

AIT has been the subject of several other research reports. Oppenheimer raised their target price on shares of Applied Industrial Technologies from $260.00 to $305.00 and gave the stock an “outperform” rating in a report on Thursday, November 14th. KeyCorp raised their price objective on shares of Applied Industrial Technologies from $275.00 to $325.00 and gave the stock an “overweight” rating in a research note on Tuesday, December 3rd. Bank of America raised Applied Industrial Technologies from a “neutral” rating to a “buy” rating and upped their target price for the company from $285.00 to $315.00 in a research note on Tuesday, November 26th. Mizuho began coverage on Applied Industrial Technologies in a research note on Tuesday, October 22nd. They set an “outperform” rating and a $285.00 price target for the company. Finally, Raymond James upped their price objective on Applied Industrial Technologies from $225.00 to $250.00 and gave the company an “outperform” rating in a research report on Friday, October 25th. One equities research analyst has rated the stock with a hold rating and eight have given a buy rating to the stock. Based on data from MarketBeat.com, Applied Industrial Technologies has a consensus rating of “Moderate Buy” and a consensus price target of $285.71.

Applied Industrial Technologies Stock Down 2.2 %

Shares of AIT opened at $262.07 on Thursday. The company has a quick ratio of 2.74, a current ratio of 3.78 and a debt-to-equity ratio of 0.33. The business has a fifty day moving average of $252.28 and a 200 day moving average of $218.50. The company has a market cap of $10.08 billion, a PE ratio of 26.74, a P/E/G ratio of 3.71 and a beta of 1.05. Applied Industrial Technologies has a 52-week low of $163.50 and a 52-week high of $282.98.

Applied Industrial Technologies (NYSE:AIT) last posted its quarterly earnings data on Thursday, October 24th. The industrial products company reported $2.36 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.25 by $0.11. The business had revenue of $1.10 billion during the quarter, compared to analyst estimates of $1.08 billion. Applied Industrial Technologies had a return on equity of 22.68% and a net margin of 8.57%. The company’s revenue for the quarter was up .3% on a year-over-year basis. During the same period last year, the company earned $2.39 EPS.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in AIT. SG Americas Securities LLC grew its position in Applied Industrial Technologies by 621.7% during the 2nd quarter. SG Americas Securities LLC now owns 12,226 shares of the industrial products company’s stock worth $2,372,000 after purchasing an additional 10,532 shares during the last quarter. Sequoia Financial Advisors LLC increased its position in shares of Applied Industrial Technologies by 5.7% in the 2nd quarter. Sequoia Financial Advisors LLC now owns 1,425 shares of the industrial products company’s stock valued at $276,000 after acquiring an additional 77 shares during the period. Wedge Capital Management L L P NC raised its stake in Applied Industrial Technologies by 1.1% in the 2nd quarter. Wedge Capital Management L L P NC now owns 18,952 shares of the industrial products company’s stock worth $3,677,000 after acquiring an additional 206 shares during the last quarter. Kessler Investment Group LLC purchased a new stake in Applied Industrial Technologies during the 2nd quarter valued at about $125,000. Finally, Blue Trust Inc. raised its stake in shares of Applied Industrial Technologies by 1.4% in the second quarter. Blue Trust Inc. now owns 12,444 shares of the industrial products company’s stock worth $2,458,000 after purchasing an additional 177 shares during the last quarter. 93.52% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at Applied Industrial Technologies

In related news, Director Mary Dean Hall sold 2,200 shares of the firm’s stock in a transaction dated Wednesday, November 27th. The stock was sold at an average price of $275.08, for a total transaction of $605,176.00. Following the sale, the director now owns 3,462 shares of the company’s stock, valued at $952,326.96. This trade represents a 38.86 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, VP Warren E. Hoffner III sold 4,000 shares of the business’s stock in a transaction dated Wednesday, November 27th. The stock was sold at an average price of $281.64, for a total transaction of $1,126,560.00. Following the completion of the transaction, the vice president now owns 55,709 shares of the company’s stock, valued at $15,689,882.76. This represents a 6.70 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 1.67% of the company’s stock.

Applied Industrial Technologies Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, November 29th. Stockholders of record on Friday, November 15th were issued a $0.37 dividend. The ex-dividend date of this dividend was Friday, November 15th. This represents a $1.48 annualized dividend and a dividend yield of 0.56%. Applied Industrial Technologies’s dividend payout ratio is currently 15.10%.

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.