What is Zacks Research’s Forecast for AIT Q2 Earnings?

Applied Industrial Technologies, Inc. (NYSE:AIT) – Investment analysts at Zacks Research dropped their Q2 2026 EPS estimates for Applied Industrial Technologies in a research note issued to investors on Thursday, September 4th. Zacks Research analyst Team now expects that the industrial products company will post earnings of $2.49 per share for the quarter, down from their previous estimate of $2.50. 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’ Q3 2026 earnings at $2.71 EPS, Q4 2026 earnings at $2.77 EPS, FY2026 earnings at $10.40 EPS, Q1 2027 earnings at $2.63 EPS, Q2 2027 earnings at $2.72 EPS, Q3 2027 earnings at $2.95 EPS, Q4 2027 earnings at $3.14 EPS, FY2027 earnings at $11.44 EPS and FY2028 earnings at $12.75 EPS.

Applied Industrial Technologies (NYSE:AIT) last posted its earnings results on Thursday, August 14th. The industrial products company reported $2.80 EPS for the quarter, beating the consensus estimate of $2.60 by $0.20. Applied Industrial Technologies had a return on equity of 21.78% and a net margin of 8.61%.The firm had revenue of $1.22 billion for the quarter, compared to analysts’ expectations of $1.18 billion. During the same period last year, the firm earned $2.64 EPS. The firm’s revenue was up 5.5% compared to the same quarter last year. Applied Industrial Technologies has set its FY 2026 guidance at 10.000-10.75 EPS.

A number of other brokerages have also recently weighed in on AIT. Robert W. Baird lifted their price objective on shares of Applied Industrial Technologies from $265.00 to $300.00 and gave the company an “outperform” rating in a research note on Friday, August 15th. Wall Street Zen upgraded shares of Applied Industrial Technologies from a “hold” rating to a “buy” rating in a research note on Saturday, July 26th. Bank of America lifted their price objective on shares of Applied Industrial Technologies from $275.00 to $290.00 and gave the company a “buy” rating in a research note on Friday, August 22nd. Raymond James Financial cut shares of Applied Industrial Technologies from an “outperform” rating to a “market perform” rating in a research note on Friday, August 15th. Finally, Industrial Alliance Securities set a $290.00 price objective on shares of Applied Industrial Technologies in a research note on Friday, August 22nd. 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 company presently has a consensus rating of “Moderate Buy” and an average price target of $285.00.

Applied Industrial Technologies Stock Down 1.1%

AIT opened at $265.14 on Friday. Applied Industrial Technologies has a 12 month low of $191.31 and a 12 month high of $282.98. The stock’s 50 day moving average price is $261.42 and its 200 day moving average price is $240.51. The company has a debt-to-equity ratio of 0.31, a current ratio of 3.32 and a quick ratio of 2.36. The stock has a market cap of $10.01 billion, a P/E ratio of 26.20, a P/E/G ratio of 2.83 and a beta of 1.00.

Applied Industrial Technologies Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, August 29th. Stockholders of record on Friday, August 15th were given a dividend of $0.46 per share. This represents a $1.84 dividend on an annualized basis and a dividend yield of 0.7%. The ex-dividend date was Friday, August 15th. Applied Industrial Technologies’s dividend payout ratio is 18.18%.

Insider Activity

In other news, VP Kurt W. Loring sold 8,523 shares of the stock in a transaction on Friday, August 22nd. The stock was sold at an average price of $267.06, for a total transaction of $2,276,152.38. Following the completion of the sale, the vice president owned 19,273 shares in the company, valued at approximately $5,147,047.38. This represents a 30.66% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, VP Jason W. Vasquez sold 7,466 shares of the stock in a transaction on Thursday, August 21st. The shares were sold at an average price of $260.08, for a total value of $1,941,757.28. Following the sale, the vice president owned 14,491 shares of the company’s stock, valued at $3,768,819.28. This trade represents a 34.00% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 42,660 shares of company stock worth $11,217,980. Insiders own 1.67% of the company’s stock.

Hedge Funds Weigh In On Applied Industrial Technologies

Institutional investors have recently bought and sold shares of the stock. Hantz Financial Services Inc. increased its stake in Applied Industrial Technologies by 2,033.3% in the 2nd quarter. Hantz Financial Services Inc. now owns 128 shares of the industrial products company’s stock worth $30,000 after purchasing an additional 122 shares in the last quarter. MassMutual Private Wealth & Trust FSB increased its stake in Applied Industrial Technologies by 51.2% in the 1st quarter. MassMutual Private Wealth & Trust FSB now owns 130 shares of the industrial products company’s stock worth $29,000 after purchasing an additional 44 shares in the last quarter. Rise Advisors LLC increased its stake in Applied Industrial Technologies by 111.1% in the 1st quarter. Rise Advisors LLC now owns 133 shares of the industrial products company’s stock worth $30,000 after purchasing an additional 70 shares in the last quarter. Maseco LLP purchased a new position in Applied Industrial Technologies in the 2nd quarter worth about $35,000. Finally, Harbor Investment Advisory LLC increased its stake in Applied Industrial Technologies by 97.5% in the 1st quarter. Harbor Investment Advisory LLC now owns 160 shares of the industrial products company’s stock worth $36,000 after purchasing an additional 79 shares in the last quarter. Hedge funds and other 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.