Applied Industrial Technologies (NYSE:AIT) Releases FY 2026 Earnings Guidance

Applied Industrial Technologies (NYSE:AIT) updated its FY 2026 earnings guidance on Tuesday. The company provided earnings per share (EPS) guidance of 10.450-10.750 for the period, compared to the consensus estimate of 10.650. The company issued revenue guidance of $4.8 billion-$4.9 billion, compared to the consensus revenue estimate of $4.9 billion.

Applied Industrial Technologies Trading Down 2.4%

Shares of Applied Industrial Technologies stock opened at $256.15 on Thursday. Applied Industrial Technologies has a fifty-two week low of $199.96 and a fifty-two week high of $286.66. The firm has a market cap of $9.66 billion, a PE ratio of 24.65, a P/E/G ratio of 2.67 and a beta of 0.87. The business’s fifty day moving average is $264.07 and its two-hundred day moving average is $261.58. The company has a quick ratio of 2.50, a current ratio of 3.68 and a debt-to-equity ratio of 0.31.

Applied Industrial Technologies (NYSE:AIT) last released its earnings results on Tuesday, January 27th. The industrial products company reported $2.51 EPS for the quarter, beating the consensus estimate of $2.48 by $0.03. Applied Industrial Technologies had a return on equity of 21.74% and a net margin of 8.49%.The firm had revenue of $1.16 billion during the quarter, compared to analyst estimates of $1.17 billion. During the same period in the prior year, the firm posted $2.39 earnings per share. The business’s quarterly revenue was up 8.4% compared to the same quarter last year. Applied Industrial Technologies has set its FY 2026 guidance at 10.450-10.750 EPS. Analysts anticipate that Applied Industrial Technologies will post 9.9 earnings per share for the current year.

Applied Industrial Technologies Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, February 27th. Shareholders of record on Friday, February 13th will be paid a dividend of $0.51 per share. This is a positive change from Applied Industrial Technologies’s previous quarterly dividend of $0.46. The ex-dividend date is Friday, February 13th. This represents a $2.04 dividend on an annualized basis and a yield of 0.8%. Applied Industrial Technologies’s payout ratio is currently 17.71%.

Wall Street Analysts Forecast Growth

AIT has been the subject of several research analyst reports. Weiss Ratings reissued a “buy (b)” rating on shares of Applied Industrial Technologies in a research report on Monday, December 29th. KeyCorp decreased their price target on Applied Industrial Technologies from $310.00 to $300.00 and set an “overweight” rating for the company in a research note on Wednesday. Finally, Mizuho set a $305.00 price objective on Applied Industrial Technologies in a research note on Wednesday, October 29th. Six investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $290.63.

More Applied Industrial Technologies News

Here are the key news stories impacting Applied Industrial Technologies this week:

• Positive Sentiment: Q2 earnings beat — AIT reported $2.51 EPS, beating consensus by $0.03 and continuing an earnings beat streak that supports profitability metrics and ROE. Applied Industrial Q2 Earnings Surpass Estimates, Revenues Miss
• Positive Sentiment: Dividend increase — The board raised the quarterly dividend ~10.9% to $0.51, signaling confidence in cash flow and returning capital to shareholders (ex-dividend Feb 13). (Company announcement)
• Positive Sentiment: Acquisition contribution — Revenue growth was helped by acquisitions (roughly +6.0% contribution), showing M&A is lifting revenue and margins even as organic growth remains modest. Applied Industrial Technologies Reports Fiscal 2026 Second Quarter Results
• Neutral Sentiment: Investor materials available — Management held the Q2 call and posted the transcript and slide deck (useful for detail on end markets, margins and working capital). Q2 2026 Earnings Call Transcript
• Neutral Sentiment: Analyst coverage highlights long-term growth case — Recent pieces (Zacks, Yahoo/finance pieces) reiterate AIT’s long-term growth thesis based on recurring distribution revenues and M&A strategy; useful for buy-and-hold investors. Why Applied Industrial Technologies (AIT) is a Top Growth Stock for the Long-Term
• Negative Sentiment: Revenue missed estimates — Net sales (~$1.16–1.2B reported) came in slightly below consensus (~$1.17B), a disappointment given the EPS beat and likely the first reason traders sold into the print. Applied Industrial Q2 Earnings Surpass Estimates, Revenues Miss
• Negative Sentiment: FY 2026 guidance slightly light — Management set EPS guidance of $10.45–$10.75 and revenue guidance near $4.8–$4.9B; the midpoint and revenue range sit at or just below Street estimates, prompting concern around near-term growth. (Guidance disclosure / press materials)

Institutional Trading of Applied Industrial Technologies

Several hedge funds have recently made changes to their positions in the stock. Johnson Financial Group Inc. bought a new position in Applied Industrial Technologies during the 3rd quarter worth $69,000. Headlands Technologies LLC acquired a new stake in shares of Applied Industrial Technologies in the 2nd quarter worth about $72,000. Danske Bank A S bought a new stake in Applied Industrial Technologies in the 3rd quarter valued at about $78,000. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main acquired a new position in Applied Industrial Technologies during the 2nd quarter valued at about $81,000. Finally, Quarry LP grew its position in Applied Industrial Technologies by 79.2% in the 3rd quarter. Quarry LP now owns 464 shares of the industrial products company’s stock worth $121,000 after purchasing an additional 205 shares during the last quarter. Institutional investors own 93.52% of the company’s stock.

About Applied Industrial Technologies

Applied Industrial Technologies, listed on the New York Stock Exchange under the symbol AIT, is a leading distributor of industrial products and services. The company offers a comprehensive range of bearings, power transmission components, fluid power products, industrial rubber products, and automation solutions. Through its network of distribution centers and branch locations, Applied Industrial Technologies serves diverse end markets including manufacturing, oil and gas, mining, food and beverage, and wastewater treatment.

Founded in 1923 and headquartered in Cleveland, Ohio, Applied Industrial Technologies has grown through a combination of organic expansion and strategic acquisitions.