Applied Industrial Technologies (AIT) Projected to Release Quarterly Earnings on Thursday

Applied Industrial Technologies (NYSE:AITGet Free Report) is anticipated to announce its Q3 2025 earnings results before the market opens on Thursday, May 1st. Analysts expect Applied Industrial Technologies to post earnings of $2.40 per share and revenue of $1.17 billion for the quarter. Applied Industrial Technologies has set its FY 2025 guidance at 9.650-10.050 EPS.

Applied Industrial Technologies (NYSE:AITGet Free Report) last released its quarterly earnings data on Wednesday, January 29th. The industrial products company reported $2.39 earnings per share for the quarter, topping analysts’ consensus estimates of $2.21 by $0.18. Applied Industrial Technologies had a net margin of 8.62% and a return on equity of 22.37%. On average, analysts expect Applied Industrial Technologies to post $10 EPS for the current fiscal year and $11 EPS for the next fiscal year.

Applied Industrial Technologies Trading Up 3.5 %

NYSE:AIT opened at $229.71 on Thursday. The firm has a 50-day simple moving average of $231.19 and a 200-day simple moving average of $245.46. Applied Industrial Technologies has a one year low of $177.68 and a one year high of $282.98. The firm has a market cap of $8.82 billion, a P/E ratio of 23.27, a P/E/G ratio of 3.14 and a beta of 1.01. The company has a debt-to-equity ratio of 0.32, a quick ratio of 2.55 and a current ratio of 3.76.

Applied Industrial Technologies Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, February 28th. Shareholders of record on Friday, February 14th were given a dividend of $0.46 per share. This represents a $1.84 annualized dividend and a yield of 0.80%. The ex-dividend date was Friday, February 14th. This is a boost from Applied Industrial Technologies’s previous quarterly dividend of $0.37. Applied Industrial Technologies’s dividend payout ratio (DPR) is 18.64%.

Analyst Ratings Changes

AIT has been the subject of a number of analyst reports. StockNews.com cut Applied Industrial Technologies from a “buy” rating to a “hold” rating in a research note on Thursday, January 23rd. Raymond James restated an “outperform” rating and issued a $265.00 price target (up from $250.00) on shares of Applied Industrial Technologies in a report on Thursday, January 30th. KeyCorp reduced their price objective on shares of Applied Industrial Technologies from $325.00 to $275.00 and set an “overweight” rating for the company in a research note on Monday, March 17th. Loop Capital cut their price target on shares of Applied Industrial Technologies from $320.00 to $290.00 and set a “buy” rating on the stock in a report on Thursday, April 17th. Finally, Robert W. Baird increased their price objective on Applied Industrial Technologies from $250.00 to $275.00 and gave the company an “outperform” rating in a report on Thursday, January 30th. Two equities research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. According to MarketBeat, Applied Industrial Technologies has an average rating of “Moderate Buy” and a consensus price target of $287.14.

Check Out Our Latest Research Report on Applied Industrial Technologies

Applied Industrial Technologies Company Profile

(Get Free Report)

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.

Further Reading

Earnings History for Applied Industrial Technologies (NYSE:AIT)

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