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What are the Zacks Style Scores? The Zacks Style Scores, developed alongside the Zacks Rank, are complementary indicators that rate stocks based on three widely-followed investing methodologies; they also help investors pick stocks with the best chances of beating the market over the next 30 days.
Each stock is given an alphabetic rating of A, B, C, D or F based on their value, growth, and momentum qualities. With this system, an A is better than a B, a B is better than a C, and so on, meaning the better the score, the better chance the stock will outperform.
The Style Scores are broken down into four categories:
Value ScoreFor value investors, it's all about finding good stocks at good prices, and discovering which companies are trading under their true value before the broader market catches on. The Value Style Score utilizes ratios like P/E, PEG, Price/Sales, Price/Cash Flow, and a host of other multiples to help pick out the most attractive and discounted stocks.
Growth ScoreGrowth investors, on the other hand, are more concerned with a company's financial strength and health, and its future outlook. The Growth Style Score examines things like projected and historic earnings, sales, and cash flow to find stocks that will experience sustainable growth over time.
Momentum ScoreMomentum investors, who live by the saying "the trend is your friend," are most interested in taking advantage of upward or downward trends in a stock's price or earnings outlook. Utilizing one-week price change and the monthly percentage change in earnings estimates, among other factors, the Momentum Style Score can help determine favorable times to buy high-momentum stocks.
VGM ScoreWhat if you like to use all three types of investing? The VGM Score is a combination of all Style Scores, making it one of the most comprehensive indicators to use with the Zacks Rank. It rates each stock on their combined weighted styles, which helps narrow down the companies with the most attractive value, best growth forecast, and most promising momentum.
How Style Scores Work with the Zacks Rank The Zacks Rank, which is a proprietary stock-rating model, employs earnings estimate revisions, or changes to a company's earnings expectations, to make building a winning portfolio easier.
#1 (Strong Buy) stocks have produced an unmatched +23.8% average annual return since 1988, which is more than double the S&P 500's performance over the same time frame. However, the Zacks Rank examines a ton of stocks, and there can be more than 200 companies with a Strong Buy rank, and another 600 with a #2 (Buy) rank, on any given day.
This totals more than 800 top-rated stocks, and it can be overwhelming to try and pick the best stocks for you and your portfolio.
That's where the Style Scores come in.
To maximize your returns, you want to buy stocks with the highest probability of success. This means picking stocks with a Zacks Rank #1 or #2 that also have Style Scores of A or B. If you find yourself looking at stocks with a #3 (Hold) rank, make sure they have Scores of A or B as well to ensure as much upside potential as possible.
As mentioned above, the Scores are designed to work with the Zacks Rank, so any change to a company's earnings outlook should be a deciding factor when picking which stocks to buy.
A stock with a #4 (Sell) or #5 (Strong Sell) rating, for instance, even one with Scores of A and B, will still have a declining earnings forecast, and a greater chance its share price will fall too.
Thus, the more stocks you own with a #1 or #2 Rank and Scores of A or B, the better.
Stock to Watch: Applied Industrial Technologies (AIT - Free Report) Applied Industrial Technologies, Inc. is a distributor of value-added industrial products — including engineered fluid power components, bearings, specialty flow control solutions, power transmission products and miscellaneous industrial supplies. These products are mainly sold to original equipment manufacturers (OEM) and maintenance, repair, and operations (MRO) customers in Australia, North America, Singapore and New Zealand.
AIT is a #3 (Hold) on the Zacks Rank, with a VGM Score of B.
Additionally, the company could be a top pick for growth investors. AIT has a Growth Style Score of B, forecasting year-over-year earnings growth of 9.1% for the current fiscal year.
For fiscal 2027, six analysts revised their earnings estimate upwards in the last 60 days, and the Zacks Consensus Estimate has increased $0.20 to $11.95 per share. AIT boasts an average earnings surprise of +4.3%.
With a solid Zacks Rank and top-tier Growth and VGM Style Scores, AIT should be on investors' short list.
Fractal establishes India Business Unit to meet increasing demand from large Indian enterprises PR Newswire
NEW YORK, Aug. 25, 2026
Will leverage its products portfolio led by Cogentiq
, /PRNewswire/ -- Fractal Analytics Ltd. (BSE: 544700) (NSE: FRACTAL), a global enterprise AI company serving Fortune 500® organizations, today announced the launch of its dedicated India Business Unit (India BU), to help India's large enterprises accelerate business transformation through its enterprise agentic AI platform, Cogentiq, and other products.
Fractal's expanded focus on India builds on nearly two decades of AI innovation and leadership in the country's AI ecosystem. Fractal has partnered with multiple Global Capability Centers (GCCs) in India, serving enterprise transformation needs across the region. Fractal's Cogentiq suite has seen strong traction with institutions in India. In addition to driving enterprise impact, Fractal has been working on driving societal impact through AI. It was selected under the IndiaAI Mission to develop a Large Reasoning Model (LRM) for India and has recently signed a partnership with the Brihanmumbai Municipal Corporation (BMC) to deploy AI-powered citizen health services leveraging Vaidya.ai, India's first healthcare multimodal reasoning platform.
"We've seen a significant increase in interest from Indian enterprises looking to move beyond AI pilots and scale AI-driven transformation across their businesses. This growing demand, combined with India's rapidly evolving AI ecosystem, makes this the right time for us to establish a dedicated India Business Unit. With a strong portfolio of products and platforms, and deep experience partnering with leading enterprises, we are uniquely positioned to help India's largest organizations unlock meaningful business value from AI at scale," said Srikanth Velamakanni, Co-founder, Group CEO and Vice Chairman, Fractal.
To capitalize on India's growing enterprise AI opportunity, Fractal has appointed Rishi Seth, a seasoned industry leader, as Head of the India Business Unit. The India Business Unit will be part of Fractal's APAC practice, led by Sandeep Dutta, Chief Practice Officer & Head APAC.
"Indian enterprises are at an inflection point in their AI journey. Organizations are looking for trusted partners who can deliver business outcomes at scale. Fractal brings together globally proven AI capabilities, innovative products/platforms and strong domain expertise to help Indian enterprises accelerate their business transformation. We look forward to co-creating India's transformation journey together with Indian Enterprises and partner ecosystem," said Sandeep Dutta, Chief Practice Officer & Head APAC, Fractal.
About Fractal
Fractal Analytics Ltd (BSE: 544700) (NSE: FRACTAL) is a globally recognized pure-play enterprise AI company trusted by Fortune 500®-sized enterprises to power decision-making through AI services, solutions, and products. Fractal's strategy is focused on three pillars: AI-led Transformation (AIT), which reimagines business workflows and decision-making through AI; AI Foundations (AIF), which enables scalable, trusted, and governed enterprise AI through robust data and technology foundations; and AI Work & Workforce (AIW), which helps organizations redesign work, develop AI-ready talent, and build the capabilities needed for the AI-native enterprise. All three pillars are powered by Cogentiq, Fractal's flagship agentic AI platform.
With over 6,000 professionals across North America, EMEA, and Asia-Pacific, Fractal partners with business leaders to drive competitive differentiation for their organizations by embedding AI into critical decisions across business functions and industry verticals.
Fractal invests more than 6% of its revenue in AI R&D, supporting foundational AI research, product development, and IP creation that address both immediate client needs and long-term technological advancement. Fractal's track record includes developing proprietary models and products such as Vaidya.ai and PiEvolve, as well as incubating and spinning out Qure.ai, a global healthcare AI leader focused on the rapid identification and management of tuberculosis, lung cancer, and stroke (or critical health conditions). Fractal's suite of businesses consists of Asper.ai (a Revenue Growth Management product for CPG companies) and Analytics Vidhya (an Ed-tech platform).
View original content to download multimedia:https://www.prnewswire.com/news-releases/fractal-establishes-india-business-unit-to-meet-increasing-demand-from-large-indian-enterprises-302859093.html
Investors might want to bet on Applied Industrial Technologies (AIT - Free Report) , as it has been recently upgraded to a Zacks Rank #2 (Buy). An upward trend in earnings estimates -- one of the most powerful forces impacting stock prices -- has triggered this rating change.
A company's changing earnings picture is at the core of the Zacks rating. The system tracks the Zacks Consensus Estimate -- the consensus measure of EPS estimates from the sell-side analysts covering the stock -- for the current and following years.
The power of a changing earnings picture in determining near-term stock price movements makes the Zacks rating system highly useful for individual investors, since it can be difficult to make decisions based on rating upgrades by Wall Street analysts. These are mostly driven by subjective factors that are hard to see and measure in real time.
As such, the Zacks rating upgrade for Applied Industrial Technologies is essentially a positive comment on its earnings outlook that could have a favorable impact on its stock price.
Most Powerful Force Impacting Stock PricesThe change in a company's future earnings potential, as reflected in earnings estimate revisions, and the near-term price movement of its stock are proven to be strongly correlated. The influence of institutional investors has a partial contribution to this relationship, as these big professionals use earnings and earnings estimates to calculate the fair value of a company's shares. An increase or decrease in earnings estimates in their valuation models simply results in higher or lower fair value for a stock, and institutional investors typically buy or sell it. Their transaction of large amounts of shares then leads to price movement for the stock.
Fundamentally speaking, rising earnings estimates and the consequent rating upgrade for Applied Industrial Technologies imply an improvement in the company's underlying business. Investors should show their appreciation for this improving business trend by pushing the stock higher.
Harnessing the Power of Earnings Estimate RevisionsEmpirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock movements, so it could be truly rewarding if such revisions are tracked for making an investment decision. Here is where the tried-and-tested Zacks Rank stock-rating system plays an important role, as it effectively harnesses the power of earnings estimate revisions.
The Zacks Rank stock-rating system, which uses four factors related to earnings estimates to classify stocks into five groups, ranging from Zacks Rank #1 (Strong Buy) to Zacks Rank #5 (Strong Sell), has an impressive externally-audited track record, with Zacks Rank #1 stocks generating an average annual return of +25% since 1988. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here >>>> .
Earnings Estimate Revisions for Applied Industrial TechnologiesThis industrial products company is expected to earn $11.95 per share for the fiscal year ending June 2027, which represents no year-over-year change.
Analysts have been steadily raising their estimates for Applied Industrial Technologies. Over the past three months, the Zacks Consensus Estimate for the company has increased 1.8%.
Bottom LineUnlike the overly optimistic Wall Street analysts whose rating systems tend to be weighted toward favorable recommendations, the Zacks rating system maintains an equal proportion of "buy" and "sell" ratings for its entire universe of more than 4,000 stocks at any point in time. Irrespective of market conditions, only the top 5% of the Zacks-covered stocks get a "Strong Buy" rating and the next 15% get a "Buy" rating. So, the placement of a stock in the top 20% of the Zacks-covered stocks indicates its superior earnings estimate revision feature, making it a solid candidate for producing market-beating returns in the near term.
You can learn more about the Zacks Rank here >>>
The upgrade of Applied Industrial Technologies to a Zacks Rank #2 positions it in the top 20% of the Zacks-covered stocks in terms of estimate revisions, implying that the stock might move higher in the near term.
Allworth Financial LP acquired a new stake in Applied Industrial Technologies, Inc. (NYSE:AIT – Free Report) during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The firm acquired 1,554 shares of the industrial products company’s stock, valued at approximately $525,000.
Several other institutional investors and hedge funds have also recently added to or reduced their stakes in AIT. Norges Bank bought a new position in shares of Applied Industrial Technologies in the 4th quarter valued at about $125,044,000. Thrivent Financial for Lutherans grew its stake in shares of Applied Industrial Technologies by 1,628.7% in the fourth quarter. Thrivent Financial for Lutherans now owns 196,946 shares of the industrial products company’s stock valued at $50,570,000 after buying an additional 185,553 shares in the last quarter. PNC Financial Services Group Inc. increased its holdings in Applied Industrial Technologies by 40.8% during the fourth quarter. PNC Financial Services Group Inc. now owns 21,572 shares of the industrial products company’s stock worth $5,539,000 after buying an additional 6,254 shares during the last quarter. Mutual of America Capital Management LLC grew its position in shares of Applied Industrial Technologies by 38.1% in the 4th quarter. Mutual of America Capital Management LLC now owns 96,438 shares of the industrial products company’s stock valued at $24,762,000 after acquiring an additional 26,612 shares during the period. Finally, Moran Wealth Management LLC increased its stake in shares of Applied Industrial Technologies by 86.5% during the 1st quarter. Moran Wealth Management LLC now owns 26,333 shares of the industrial products company’s stock worth $6,987,000 after purchasing an additional 12,211 shares during the last quarter. 93.52% of the stock is owned by institutional investors.
Analyst Ratings Changes Several analysts have issued reports on AIT shares. Mizuho raised their price objective on Applied Industrial Technologies from $355.00 to $400.00 and gave the company an “outperform” rating in a research report on Friday, August 14th. DA Davidson raised their target price on shares of Applied Industrial Technologies from $380.00 to $400.00 and gave the stock a “buy” rating in a research note on Friday, August 14th. KeyCorp lifted their target price on shares of Applied Industrial Technologies from $375.00 to $420.00 and gave the stock an “overweight” rating in a report on Friday, August 14th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Applied Industrial Technologies in a report on Tuesday, July 21st. Finally, Wall Street Zen upgraded shares of Applied Industrial Technologies from a “hold” rating to a “buy” rating in a research note on Saturday, August 15th. Seven investment analysts have rated the stock with a Buy rating, According to MarketBeat, Applied Industrial Technologies has a consensus rating of “Buy” and an average target price of $400.00.
Read Our Latest Stock Report on Applied Industrial Technologies Insider Activity In other Applied Industrial Technologies news, Director Madhuri A. Andrews sold 3,845 shares of the firm’s stock in a transaction dated Thursday, June 18th. The shares were sold at an average price of $329.89, for a total value of $1,268,427.05. Following the transaction, the director directly owned 4,951 shares of the company’s stock, valued at $1,633,285.39. This trade represents a 43.71% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO David K. Wells sold 1,812 shares of the business’s stock in a transaction that occurred on Tuesday, August 18th. The shares were sold at an average price of $355.10, for a total transaction of $643,441.20. Following the completion of the transaction, the chief financial officer owned 32,050 shares of the company’s stock, valued at $11,380,955. The trade was a 5.35% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Corporate insiders own 1.60% of the company’s stock.
Applied Industrial Technologies Stock Performance NYSE AIT opened at $341.38 on Monday. The company has a quick ratio of 1.75, a current ratio of 2.58 and a debt-to-equity ratio of 0.14. The company has a market capitalization of $12.53 billion, a P/E ratio of 31.15, a P/E/G ratio of 2.74 and a beta of 0.84. Applied Industrial Technologies, Inc. has a 12-month low of $238.34 and a 12-month high of $374.80. The firm has a 50-day moving average price of $340.04 and a two-hundred day moving average price of $306.52.
Applied Industrial Technologies (NYSE:AIT – Get Free Report) last announced its earnings results on Thursday, August 13th. The industrial products company reported $3.17 EPS for the quarter, topping the consensus estimate of $2.92 by $0.25. Applied Industrial Technologies had a net margin of 8.35% and a return on equity of 22.17%. The company had revenue of $1.35 billion for the quarter, compared to analysts’ expectations of $1.29 billion. During the same period last year, the firm earned $2.80 earnings per share. The business’s revenue for the quarter was up 10.5% on a year-over-year basis. Applied Industrial Technologies has set its FY 2027 guidance at 11.650-12.150 EPS. Analysts anticipate that Applied Industrial Technologies, Inc. will post 11.95 earnings per share for the current year.
Applied Industrial Technologies Dividend Announcement The business also recently declared a quarterly dividend, which will be paid on Monday, August 31st. Investors of record on Friday, August 14th will be given a $0.51 dividend. The ex-dividend date is Friday, August 14th. This represents a $2.04 dividend on an annualized basis and a dividend yield of 0.6%. Applied Industrial Technologies’s dividend payout ratio (DPR) is presently 18.61%.
(Free Report)
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.
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The Industrial Products group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Has Applied Industrial Technologies (AIT - Free Report) been one of those stocks this year? A quick glance at the company's year-to-date performance in comparison to the rest of the Industrial Products sector should help us answer this question.
Applied Industrial Technologies is one of 186 individual stocks in the Industrial Products sector. Collectively, these companies sit at #5 in the Zacks Sector Rank. The Zacks Sector Rank considers 16 different sector groups. The average Zacks Rank of the individual stocks within the groups is measured, and the sectors are listed from best to worst.
The Zacks Rank is a proven model that highlights a variety of stocks with the right characteristics to outperform the market over the next one to three months. The system emphasizes earnings estimate revisions and favors companies with improving earnings outlooks. Applied Industrial Technologies is currently sporting a Zacks Rank of #2 (Buy).
Over the past 90 days, the Zacks Consensus Estimate for AIT's full-year earnings has moved 1.8% higher. This is a sign of improving analyst sentiment and a positive earnings outlook trend.
Based on the latest available data, AIT has gained about 32.6% so far this year. Meanwhile, stocks in the Industrial Products group have gained about 16% on average. This means that Applied Industrial Technologies is performing better than its sector in terms of year-to-date returns.
Idex (IEX - Free Report) is another Industrial Products stock that has outperformed the sector so far this year. Since the beginning of the year, the stock has returned 31.4%.
The consensus estimate for Idex's current year EPS has increased 3.8% over the past three months. The stock currently has a Zacks Rank #2 (Buy).
Looking more specifically, Applied Industrial Technologies belongs to the Manufacturing - General Industrial industry, a group that includes 41 individual stocks and currently sits at #68 in the Zacks Industry Rank. On average, stocks in this group have gained 6.3% this year, meaning that AIT is performing better in terms of year-to-date returns. Idex is also part of the same industry.
Investors interested in the Industrial Products sector may want to keep a close eye on Applied Industrial Technologies and Idex as they attempt to continue their solid performance.
The Zacks Manufacturing – General Industrial industry is gaining from strength in the manufacturing sector, increased investments in product development and technological advancements. The industry participants’ efforts to digitalize business operations and expand market presence through strategic acquisitions are also expected to support the industry’s growth.
However, cost inflation and challenges due to a shortage of skilled labor have marred the industry's outlook. Dover Corporation (DOV - Free Report) , Applied Industrial Technologies (AIT - Free Report) , Generac Holdings Inc. (GNRC - Free Report) and Flowserve Corporation (FLS - Free Report) are a few industry participants that are likely to capitalize on the prevalent opportunities.
About the Industry The Zacks Manufacturing – General Industrial industry comprises companies that produce a wide range of industrial equipment. Some industry players offer power transmission products, bearings, engineered fluid power components and systems, industrial rubber products, vapor-abrasive blasting equipment, vehicle-powered truck refrigeration systems, adhesive, gel coat equipment, flow-control components and linear motion components. Industrial manufacturing companies also reconstruct and assemble pumps, valves, speed reducers and hydraulic motors. The companies provide services to original equipment manufacturing and maintenance, repair and overhaul customers. These end users belong to the mining, oil and gas, forest products, agriculture and food processing, fabricated metals, chemicals and petrochemicals, transportation and utilities industries.
Major Trends Shaping the Future of the Manufacturing General Industrial Industry Strength in the Manufacturing Sector: The industry has been benefiting from an increase in manufacturing activities. After witnessing a contraction in economic activities for 10 successive months till December 2025, the manufacturing sector expanded for the seventh consecutive month in July, the highest reading recorded since May 2022. Per the Institute for Supply Management’s (ISM) report, the Manufacturing Purchasing Manager’s Index touched 55.6% in July. A figure more than 50% indicates an expansion in manufacturing activity. Also, the New Orders Index expanded, registering 56.7% in the same month.
Investments in Innovation & Technological Advancements: The industry participants’ constant focus on innovation, product upgrades and the development of new products to stay competitive in the market should drive growth. With the gradual development of business models and cutting-edge technologies, several industry players have been banking on digitizing their business operations for a while now. Digitization enables industry participants to boost their competitiveness through enhanced operational productivity, product quality and better cost management.
Acquisition-Based Growth Strategy: The industry players rely on an acquisition-based growth strategy to broaden their customer base and enhance their product portfolio. This helps them foray into new markets and solidify their competitive position. Exposure to various end markets helps industrial manufacturing companies offset risks associated with a single market.
Rising Costs Hurt Margins: Industry participants have been encountering input cost inflation and other expenses, which have been denting profitability. Also, supply-chain issues might increase raw material and other logistics expenses. The latest ISM report’s Supplier Deliveries Index reflects slower deliveries for the eighth straight month in July. The rise in expenses, along with a tough labor market, poses a threat to margins. However, companies have been focused on cost management initiatives to mitigate cost-related challenges. These efforts include simplifying operations, improving supply-chain efficiency and applying disciplined pricing strategies.
Zacks Industry Rank Indicates Bright Prospects The Zacks Manufacturing – General Industrial industry, housed within the broader Zacks Industrial Products sector, currently carries a Zacks Industry Rank #67. This rank places it in the top 27% of 247 Zacks industries.
The group’s Zacks Industry Rank, which is the average of the Zacks Rank of the member stocks, indicates bright near-term prospects. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than two to one.
Given the industry’s bright near-term prospects, we will present a few promising stocks for your portfolio. But before that, it is worth taking a look at the industry’s stock market performance and current valuation.
Industry Lags Sector and the S&P 500 The Zacks Manufacturing – General Industrial industry has underperformed the broader sector and the Zacks S&P 500 composite index over the past year. Over this period, the industry has grown 7.4% compared with the sector and the S&P 500 Index’s rise of 20.6% and 22.7%, respectively.
One-Year Price Performance
Industry's Current Valuation On the basis of forward 12-month Price-to-Earnings (P/E), which is a commonly used multiple for valuing manufacturing stocks, the industry is currently trading at 22.11X compared with the S&P 500’s 20.5X. It is also above the sector’s P/E ratio of 21.19X.
In the past five years, the industry has traded as high as 25.05X and as low as 15.95X, with the median being 21.44X, as the chart below shows.
Price-to-Earnings Ratio vs. SP500Price-to-Earnings Ratio vs. Sector
4 Manufacturing-General Industrial Stocks Leading the Pack Generac: Headquartered in Waukesha, WI, Generac is engaged in manufacturing backup and prime power generation systems for residential and C&I applications, solar + battery storage solutions, advanced power grid software platforms and services, energy management devices and controls, along with engine and battery-powered tools and equipment. The company is benefiting from solid momentum in the Commercial & Industrial (C&I) segment driven by data center demand, mobile product strength and international growth. Generac expects its entry in the data-center vertical to be a solid business opportunity in the long term amid accelerating investment in data centers and the proliferation of Artificial Intelligence.
This Zacks Rank #1 (Strong Buy) company outpaced estimates in two of the trailing four quarters and missed in the other two, the average earnings surprise being 13.7%. Shares of Generac gained 11.5% in the past year. You can see the complete list of today’s Zacks #1 Rank stocks here.
Price and Consensus: GNRC
Dover: Situated in New York, Dover is an industrial conglomerate producing a wide range of specialized industrial products and manufacturing equipment. Dover is poised to gain from solid order booking, which is being driven by strong demand across the majority of its business and its ability to produce and ship despite several operating challenges. Solid new order intake also continues to aid growth for Dover.
This Zacks Rank #2 (Buy) company reported better-than-expected results in each of the last four quarters, the earnings surprise being 1.8%, on average. DOV’s shares surged 13.6% in the past year.
Price and Consensus: DOV
Applied Industrial: Applied Industrial is a distributor of value-added industrial products — including engineered fluid power components, bearings, specialty flow control solutions, power transmission products and miscellaneous industrial supplies. The company’s Service Center segment is gaining from increased technical MRO spending and internal sales initiatives. Rising demand and backlog conversion across automation and fluid power are aiding Applied Industrial’s Engineered Solutions segment. AIT carries a Zacks Rank of 2.
The company reported better-than-expected results in each of the last four quarters, the earnings surprise being 4.3%, on average. Applied Industrial’s shares surged 35% in the past year.
Price and Consensus: AIT
Flowserve: Based in Irving, TX, Flowserve is a manufacturer and aftermarket service provider of comprehensive flow control systems globally. The company’s Flowserve Pump Division segment is benefiting from solid momentum in the aftermarket business. The increase in bookings across the energy and general industries' end markets is aiding the Flow Control Division unit’s performance, which bodes well for Flowserve.
This Zacks Rank #2 company reported better-than-expected results in each of the last four quarters, the earnings surprise being 11.2%, on average. FLS’ shares surged 51.1% in the past year.
VinSpace Joint Stock Company ("VinSpace") announced the signing of a launch contract with U.S.-basedSpaceX. The agreement marks a significant milestone in VinSp
Did you analyze how Applied Industrial Technologies (AIT - Free Report) fared in its international operations for the quarter ending June 2026? Given the widespread global presence of this industrial products company, scrutinizing the trends in international revenues becomes imperative to assess its financial strength and future growth possibilities.
In the modern, closely-knit global economic landscape, the capacity of a business to access foreign markets is often a key determinant of its financial well-being and growth path. Investors now place great importance on grasping the extent of a company's dependence on international markets, as it sheds light on the firm's earnings stability, its skill in leveraging various economic cycles and its broad growth potential.
International market involvement serves as insurance against economic downturns at home and enables engagement with economies that are growing more quickly. Still, this move toward diversification is not without its challenges, as it involves navigating through the fluctuations of currencies, geopolitical threats, and the distinctive nature of various markets.
Our review of AIT's last quarterly performance uncovered some notable trends in the revenue contributions from its international markets, which are commonly analyzed and tracked by Wall Street experts.
The company's total revenue for the quarter stood at $1.35 billion, increasing 10.5% year over year. Now, let's delve into AIT's international revenue breakdown to gain insights into the significance of its operations beyond home turf.
A Dive into AIT's International Revenue TrendsCanada generated $80.19 million in revenues for the company in the last quarter, constituting 5.9% of the total. This represented a surprise of +1.34% compared to the $79.13 million projected by Wall Street analysts. Comparatively, in the previous quarter, Canada accounted for $70.78 million (5.7%), and in the year-ago quarter, it contributed $75.85 million (6.2%) to the total revenue.
Other International accounted for 5.5% of the company's total revenue during the quarter, translating to $74.83 million. Revenues from this region represented a surprise of +2.97%, with Wall Street analysts collectively expecting $72.67 million. When compared to the preceding quarter and the same quarter in the previous year, Other International contributed $73.55 million (5.9%) and $66.99 million (5.5%) to the total revenue, respectively.
Revenue Projections for Overseas MarketsThe current fiscal quarter's total revenue for Applied Industrial Technologies, as projected by Wall Street analysts, is expected to reach $1.29 billion, reflecting an increase of 7.5% from the same quarter last year. The breakdown of this revenue by foreign region is as follows: Canada is anticipated to contribute 6% or $76.9 million, and Other International 5.5% or $71.3 million.
For the full year, the company is projected to achieve a total revenue of $5.19 billion, which signifies a rise of 4.5% from the last year. The share of this revenue from various regions is expected to be: Canada at 6% ($311.94 million), and Other International at 5.6% ($292.31 million).
In ConclusionThe dependency of Applied Industrial Technologies on global markets for its revenues presents a mix of potential gains and hazards. Thus, monitoring the trends in its overseas revenues can be a key indicator for predicting the firm's future performance.
With the increasing intricacies of global interdependence and geopolitical strife, Wall Street analysts meticulously observe these patterns, especially for companies with an international footprint, to tweak their forecasts of earnings. Importantly, several additional factors, such as a company's domestic market status, also impact these earnings forecasts.
We at Zacks strongly focus on the dynamic earnings forecast of companies, given that empirical studies have demonstrated its potent impact on the immediate price movement of stocks. Invariably, there's a positive relationship -- upward earnings predictions often result in an increase in stock prices.
The Zacks Rank, our proprietary stock rating mechanism, demonstrates a notable performance history confirmed through external audits. It effectively utilizes the power of earnings estimate revisions to act as a predictor of a stock's price performance in the near term.
Currently, Applied Industrial Technologies holds a Zacks Rank #3 (Hold), signifying its potential to match the overall market's performance in the forthcoming period. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .
Reviewing Applied Industrial Technologies' Recent Stock Price TrendsOver the past month, the stock has gained 7.6% versus the Zacks S&P 500 composite's 3.3% increase. The Zacks Industrial Products sector, of which Applied Industrial Technologies is a part, has risen 2.6% over the same period. The company's shares have increased 17.9% over the past three months compared to the S&P 500's 4.1% increase. Over the same period, the sector has risen 3.7%
Focus Partners Advisor Solutions LLC bought a new position in Applied Industrial Technologies, Inc. (NYSE:AIT – Free Report) in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 2,703 shares of the industrial products company’s stock, valued at approximately $914,000.
Other large investors have also bought and sold shares of the company. Torren Management LLC purchased a new position in shares of Applied Industrial Technologies during the 4th quarter valued at $25,000. Anchor Investment Management LLC purchased a new stake in Applied Industrial Technologies in the 4th quarter worth about $32,000. Smartleaf Asset Management LLC raised its stake in Applied Industrial Technologies by 78.8% in the 4th quarter. Smartleaf Asset Management LLC now owns 177 shares of the industrial products company’s stock valued at $46,000 after acquiring an additional 78 shares during the period. Los Angeles Capital Management LLC bought a new stake in Applied Industrial Technologies in the 4th quarter valued at about $46,000. Finally, First Horizon Corp lifted its holdings in Applied Industrial Technologies by 48.9% during the fourth quarter. First Horizon Corp now owns 268 shares of the industrial products company’s stock valued at $69,000 after purchasing an additional 88 shares during the last quarter. 93.52% of the stock is owned by hedge funds and other institutional investors.
Insider Buying and Selling In other Applied Industrial Technologies news, Director Madhuri A. Andrews sold 3,845 shares of the stock in a transaction that occurred on Thursday, June 18th. The shares were sold at an average price of $329.89, for a total transaction of $1,268,427.05. Following the transaction, the director directly owned 4,951 shares in the company, valued at $1,633,285.39. This trade represents a 43.71% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 1.60% of the stock is owned by insiders.
Analyst Ratings Changes A number of equities analysts have weighed in on the stock. Wall Street Zen upgraded shares of Applied Industrial Technologies from a “hold” rating to a “buy” rating in a research report on Saturday. Weiss Ratings reiterated a “buy (b)” rating on shares of Applied Industrial Technologies in a research report on Tuesday, July 21st. DA Davidson lifted their price objective on Applied Industrial Technologies from $380.00 to $400.00 and gave the company a “buy” rating in a research note on Friday. Bank of America boosted their target price on Applied Industrial Technologies from $380.00 to $390.00 and gave the stock a “buy” rating in a research report on Friday. Finally, Robert W. Baird upped their target price on Applied Industrial Technologies from $317.00 to $400.00 and gave the stock an “outperform” rating in a research note on Friday. Seven research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the stock presently has a consensus rating of “Buy” and a consensus target price of $384.29. Read Our Latest Stock Analysis on AIT
Key Stories Impacting Applied Industrial Technologies Here are the key news stories impacting Applied Industrial Technologies this week:
Positive Sentiment: Quarterly results beat expectations: Fiscal Q4 earnings were $3.17 per share versus the $2.92 consensus, while revenue reached approximately $1.35 billion-$1.4 billion, ahead of the $1.29 billion estimate. Sales rose about 10.5% year over year, helped by organic growth, while margin gains further supported the results. AIT Q4 Earnings Beat Estimates on Strong Organic Sales Growth Positive Sentiment: Constructive fiscal 2027 outlook: AIT forecast revenue of $5.2 billion-$5.3 billion and adjusted EPS of $11.65-$12.15. The company also increased its intermediate financial targets, signaling confidence in continued demand and operating improvement. Fiscal 2026 Results and Fiscal 2027 Guidance Positive Sentiment: Analysts raised targets and ratings: Mizuho lifted its target from $355 to $400 and upgraded AIT to “outperform.” Robert W. Baird also raised its target from $317 to $400 with an “outperform” rating, while DA Davidson increased its target from $380 to $400 and maintained a “buy” rating. Bank of America raised its target from $380 to $390 and assigned a “buy” rating. Mizuho Raises AIT Price Target Applied Industrial Technologies Stock Performance NYSE AIT opened at $362.18 on Monday. Applied Industrial Technologies, Inc. has a 52-week low of $238.34 and a 52-week high of $374.80. The company has a debt-to-equity ratio of 0.14, a quick ratio of 1.75 and a current ratio of 2.58. The company has a market capitalization of $13.39 billion, a P/E ratio of 33.05, a P/E/G ratio of 3.08 and a beta of 0.84. The company has a fifty day moving average of $337.04 and a 200-day moving average of $303.48.
Applied Industrial Technologies (NYSE:AIT – Get Free Report) last announced its earnings results on Thursday, August 13th. The industrial products company reported $3.17 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.92 by $0.25. Applied Industrial Technologies had a net margin of 8.35% and a return on equity of 22.17%. The company had revenue of $1.35 billion during the quarter, compared to analyst estimates of $1.29 billion. During the same period in the previous year, the business earned $2.80 earnings per share. The firm’s quarterly revenue was up 10.5% compared to the same quarter last year. Applied Industrial Technologies has set its FY 2027 guidance at 11.650-12.150 EPS. As a group, equities research analysts predict that Applied Industrial Technologies, Inc. will post 11.95 EPS for the current fiscal year.
Applied Industrial Technologies Dividend Announcement The company also recently announced a quarterly dividend, which will be paid on Monday, August 31st. Shareholders of record on Friday, August 14th will be paid a $0.51 dividend. The ex-dividend date of this dividend is Friday, August 14th. This represents a $2.04 annualized dividend and a yield of 0.6%. Applied Industrial Technologies’s dividend payout ratio is currently 18.61%.
(Free Report)
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.
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Key Takeaways Applied Industrial's Q4 earnings rose 13.2% as sales climbed 10.4% year over year.Service Center and Engineered Solutions sales grew 9% and 12.9%, respectively, driving EBITDA gains.AIT expects fiscal 2027 sales growth of 4%-6.5% and EPS of $11.65-$12.15.
Applied Industrial Technologies, Inc. (AIT - Free Report) reported fourth-quarter fiscal 2026 (ended June 30, 2026) earnings of $3.17 per share, which surpassed the Zacks Consensus Estimate of $2.92. The bottom line increased 13.2% year over year.
Net sales of $1.35 billion beat the consensus estimate of $1.29 billion. Also, the top line increased 10.4% year over year. Acquisitions boosted the top line by 0.3% while foreign-currency translation had a favorable impact of 0.4%. Organic sales increased 9.7% year over year.
In fiscal 2026, the company reported earnings of $10.95 per share, up 8.2% year over year. AIT’s net sales were $4.97 billion in the year, up 8.8% year over year.
AIT's Service Center Sales Gain 9%Service Center segment sales increased 9% year over year to $849.5 million. Organic sales rose 7.9%, acquisitions contributed 0.5% and foreign currency added 0.6%. U.S. organic sales increased 9%, supported by stronger technical maintenance, repair and operations demand and internal sales initiatives.
Segment EBITDA increased 16.3% to $123.6 million. The EBITDA margin expanded 91 basis points to 14.5%, reflecting operating leverage from stronger sales, steady margin performance and effective cost management.
AIT's Engineered Solutions Growth AcceleratesEngineered Solutions segment’s sales jumped 12.9% to $503.2 million, entirely on an organic basis. Growth was driven by stronger demand and backlog conversion across automation and fluid power, with contributions from industrial and mobile OEM customers and technology verticals.
Segment EBITDA rose 15.8% to $76.2 million, while the EBITDA margin improved 38 basis points to 15.1%. Operating leverage and cost management supported profitability, although muted Flow Control sales growth partly offset the gains.
Applied Industrial Expands EBITDA Margin Despite LIFO PressureIn the quarter, Applied Industrial’s cost of sales was up 10.8% year over year to $941.5 million. Gross profit was $411.2 million, up 9.7% from the year-ago quarter.
Gross margin slipped 20 basis points to 30.4%, including a 26-basis-point year-over-year headwind from higher LIFO expense. Selling, distribution and administrative expenses (including depreciation) increased 5.1% year over year to $251.9 million. EBITDA was $177.6 million, reflecting an increase of 16.1%. The EBITDA margin expanded 64 basis points to 13.1%.
AIT’s Balance Sheet & Cash FlowExiting fiscal 2026, Applied Industrial had cash and cash equivalents of $127.1 million compared with $388.4 million at the end of fiscal 2025. Long-term debt was $262.3 million compared with $572.3 million at the end of the prior fiscal year.
In fiscal 2026, it generated net cash of $484.1 million from operating activities, indicating a decrease of 1.7% from the prior year. Capital expenditures totaled $23.6 million, down 13.3% year over year. Free cash flow decreased 1% year over year to $460.5 million.
In fiscal 2026, AIT rewarded its shareholders with dividends of $72.6 million, up 14% year over year.
Applied Industrial Issues Fiscal 2027 OutlookFor fiscal 2027 (ending June 2027), Applied Industrial projects sales growth of 4-6.5%, an EBITDA margin of 12.5-12.8% and earnings of $11.65-$12.15 per share. The midpoint assumes stronger sales growth in the first half than the second half, with approximately 150-200 basis points of price contribution.
For the first quarter of fiscal 2027 (ending September 2026), AIT expects total sales growth of 6.5-8.5%, organic growth of 6-8% and an EBITDA margin of 12.3-12.4%. The company also raised its intermediate targets to $7 billion in sales and a 14% EBITDA margin, which it expects to achieve over five years.
AIT’s Zacks RankPerformance of Other CompaniesCarlisle Companies Incorporated (CSL - Free Report) reported second-quarter 2026 adjusted earnings of $7.03 per share, which beat the Zacks Consensus Estimate of $6.43 by 9.3%. The bottom line increased 12% year over year.
Revenues rose 8% year over year to a record $1.57 billion and surpassed the consensus estimate of $1.47 billion.
3M Company (MMM - Free Report) reported second-quarter 2026 adjusted earnings of $2.40 per share, which surpassed the Zacks Consensus Estimate of $2.27 by 5.7%. The bottom line increased 11% year over year.
MMM’s adjusted net revenues of $6.5 billion topped the consensus estimate of $6.4 billion and grew 5.5%. On an adjusted basis, organic revenues increased 5.4% year over year.
Graco Inc. (GGG - Free Report) reported second-quarter 2026 adjusted earnings of 91 cents per share, up 17% from 78 cents in the year-ago quarter. The bottom line surpassed the Zacks Consensus Estimate of 81 cents by 12.4%.
The company’s net sales rose 3% year over year to $590.6 million but lagged the consensus estimate of $609 million by 3%. Organic order backlog (excluding acquisitions) rose 28% from the end of 2025.
Applied Industrial Technologies Inc (NYSE:AIT) reported better-than-expected earnings for the fourth quarter on Thursday.
The company posted quarterly earnings of $3.17 per share which beat the analyst consensus estimate of $2.91 per share. The company reported quarterly sales of $1.400 billion which beat the analyst consensus estimate of $1.293 billion.
Applied Industrial said it sees FY2027 GAAP EPS of $11.65-$12.15, versus market estimates of $11.77. The company sees sales of $5.166 billion-$5.290 billion, versus expectations of $5.187 billion.
Applied Industrial shares fell 0.2% to $357.00 in pre-market trading.
These analysts made changes to their price targets on Applied Industrial following earnings announcement.
Mizuho analyst Brett Linzey maintained the stock with an Outperform rating and raised the price target from $355 to $400.
Baird analyst David Manthey maintained the stock with an Outperform rating and raised the price target from $317 to $400.
Considering buying AIT stock? Here’s what analysts think:
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Should You Invest in the Industrial Sector in 2022? 3 Industrial Stocks to ConsiderApplied Industrial Technologies NYSE: AIT reported record fourth-quarter sales and earnings that exceeded its expectations, supported by improving industrial demand, stronger volumes and operating leverage. The company said organic sales rose 9.7% year over year, its strongest growth rate in more than three years, while reported sales increased 10.4%.
President and Chief Executive Officer Neil Schrimsher said demand strengthened through the end of the quarter, with organic sales up more than 10% in June despite tougher comparisons. He attributed the increase primarily to greater technical maintenance, repair and operations activity, capital spending, internal sales initiatives and the company’s market position.
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“The quarter was underscored by organic sales growth of 10%, which was the strongest in more than three years,” Schrimsher said. He added that 20 of the company’s top 30 end markets posted year-over-year sales growth, compared with 17 in the prior quarter.
Growth was strongest in metals, technology, utilities and energy, machinery, rubber and plastics, and pulp and paper. Chemicals, lumber and wood, and transportation remained areas of decline.
Margins and Cash Flow Reported EBITDA increased 16.1% from the prior-year quarter, and EBITDA margin expanded 64 basis points to 13.1%. Earnings per share rose 13.2% to $3.17 from $2.80 a year earlier.
Chief Financial Officer David Wells said the results included higher LIFO inventory-accounting expense. Fourth-quarter LIFO expense was $6.4 million, compared with $2.9 million a year earlier, creating a 26-basis-point year-over-year headwind to both gross margin and EBITDA margin. Excluding LIFO expense, gross margin increased modestly, according to Wells.
Gross margin was 30.4%, down 20 basis points year over year, while selling, distribution and administrative expense improved by 94 basis points as a percentage of sales to 18.6%. Wells said disciplined spending, technology investments, shared-services initiatives and sales productivity tools helped offset inflation, higher incentive costs and growth investments.
Fourth-quarter free cash flow totaled $159.7 million, up nearly 16% year over year and representing roughly 135% conversion relative to net income. For fiscal 2026, free cash flow was $461 million, down modestly from the prior year as the company increased working-capital investment to support growth. Net working capital as a percentage of sales ended the year at a six-year low, Schrimsher said.
Segment Performance The Engineered Solutions segment led growth, with organic sales rising 12.9%. Automation sales increased more than 20%, marking the business’s strongest organic growth in more than four years, as demand increased for robotics, machine vision and digital technologies. The segment also posted high-single-digit growth in industrial and mobile fluid power operations.
Schrimsher said technology-related business, including semiconductor and data-center activity, contributed to segment performance. The technology vertical represents more than 15% of Engineered Solutions sales and includes automation, fluid power and flow-control offerings.
Engineered Solutions EBITDA increased 15.8%, while segment EBITDA margin expanded 38 basis points to 15.1%, despite a 44-basis-point LIFO headwind. Flow-control sales were comparatively muted due to a difficult prior-year comparison and softer maintenance activity in process markets.
The Service Center segment delivered 7.9% organic sales growth and 16.3% EBITDA growth. Segment EBITDA margin increased 91 basis points to 14.5%. The company cited stronger U.S. service-center volumes, growth among national strategic accounts and high-single-digit growth from small and midsize local accounts. Twenty-seven of the company’s top 30 industry verticals in its U.S. service-center network grew year over year during the quarter.
Management said Hydradyne, acquired 18 months earlier, continued to contribute to fluid-power performance. Hydradyne sales increased by a double-digit percentage in the second half of fiscal 2026, while its EBITDA margin improved by more than 200 basis points.
Fiscal 2027 Outlook and Targets Applied issued fiscal 2027 guidance for earnings per share of $11.65 to $12.15, sales growth of 4% to 6.5%, and EBITDA margins of 12.5% to 12.8%. The outlook assumes pricing will contribute 150 to 200 basis points to sales growth and excludes contributions from future acquisitions and share repurchases.
For the fiscal first quarter, the company projected organic sales growth of 6% to 8% and EBITDA margin of 12.3% to 12.4%. Organic sales were tracking at roughly 7% through mid-August, Wells said. Management expects stronger growth in the first half of the fiscal year and more modest growth in the second half, reflecting tougher comparisons and uncertainty surrounding geopolitical developments and trade policy.
Schrimsher said the company expects potential improvement in higher-margin flow-control sales as deferred maintenance, project work and turnarounds in chemicals and refining resume. July orders in flow control were encouraging, management said, while Engineered Solutions orders were up in the mid-20% range during the month.
The company expects fiscal 2027 free cash flow to remain strong but potentially decline year over year because of additional working-capital investment and capital expenditures of $35 million to $40 million. Applied ended June with $127 million in cash, net leverage of 0.2 times EBITDA and nearly $2 billion of stated balance-sheet capacity, including revolving-credit availability and an accordion option.
Applied deployed about $425 million during fiscal 2026 on buybacks, dividends, capital expenditures and acquisitions. It repurchased 1.2 million shares for $317 million during the year, including more than 265,000 shares for $81 million in the fourth quarter, and raised its quarterly dividend by 11%.
Management also raised its intermediate financial objectives, targeting $7 billion in sales, up from its prior $5.5 billion target, and a 14% EBITDA margin, up from 13%. Schrimsher said the company believes the targets can be achieved over the next five years, depending on macroeconomic conditions, merger-and-acquisition activity and other factors.
Mergers and acquisitions remain a priority, with management evaluating opportunities across both segments. While no acquisition contribution is included in fiscal 2027 guidance, Schrimsher said the company sees a productive environment for potential bolt-on and larger transactions in automation, fluid power, flow control and service-center operations.
About Applied Industrial Technologies (NYSE:AIT)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.
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Applied Industrial Technologies (AIT - Free Report) came out with quarterly earnings of $3.17 per share, beating the Zacks Consensus Estimate of $2.92 per share. This compares to earnings of $2.8 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of +8.56%. A quarter ago, it was expected that this industrial products company would post earnings of $2.63 per share when it actually produced earnings of $2.65, delivering a surprise of +0.76%.
Over the last four quarters, the company has surpassed consensus EPS estimates four times.
Applied Industrial Technologies, which belongs to the Zacks Manufacturing - General Industrial industry, posted revenues of $1.35 billion for the quarter ended June 2026, surpassing the Zacks Consensus Estimate by 4.58%. This compares to year-ago revenues of $1.22 billion. The company has topped consensus revenue estimates three times over the last four quarters.
The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.
Applied Industrial Technologies shares have added about 37.2% since the beginning of the year versus the S&P 500's gain of 13.2%.
What's Next for Applied Industrial Technologies?While Applied Industrial Technologies has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?
There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.
Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.
Ahead of this earnings release, the estimate revisions trend for Applied Industrial Technologies was favorable. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #2 (Buy) for the stock. So, the shares are expected to outperform the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.
It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $2.83 on $1.27 billion in revenues for the coming quarter and $11.80 on $5.18 billion in revenues for the current fiscal year.
Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Manufacturing - General Industrial is currently in the top 24% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.
Another stock from the same industry, Nordson (NDSN - Free Report) , has yet to report results for the quarter ended July 2026. The results are expected to be released on August 19.
This maker of adhesives and industrial coatings is expected to post quarterly earnings of $3.09 per share in its upcoming report, which represents a year-over-year change of +13.2%. The consensus EPS estimate for the quarter has been revised 1.4% higher over the last 30 days to the current level.
Nordson's revenues are expected to be $779 million, up 5.1% from the year-ago quarter.
CLEVELAND--(BUSINESS WIRE)--Applied Industrial Technologies (NYSE: AIT), a leading value-added distributor and technical solutions provider of industrial motion, fluid power, flow control, automation technologies, and related maintenance supplies, today reported results for its fiscal 2026 fourth quarter and full year ended June 30, 2026. Net sales for the quarter of $1.4 billion increased 10.4% over the prior year. The change includes a 0.3% increase from acquisitions and a benefit of 0.4% fro.
Applied Industrial Technologies, Inc. (NYSE:AIT) will release its fourth quarter earnings report before the opening bell on Thursday, Aug. 13.
Analysts expect the Cleveland, Ohio-based company to report quarterly earnings of $2.92 per share, up from $2.80 per share in the year-ago period. The consensus estimate for AIT’s quarterly revenue is $1.29 billion. It reported $1.22 billion last year, according to Benzinga Pro.
On April 28, Applied Industrial posted better-than-expected third-quarter sales.
Shares of Applied Industrial Technologies fell slightly to close at $352.29 on Wednesday.
Benzinga readers can access the latest analyst ratings on the Analyst Stock Ratings page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.
Let’s have a look at how Benzinga’s most-accurate analysts have rated the company in the recent period.
Mizuho analyst Brett Linzey maintained an Outperform rating and raised the price target from $330 to $355 on July 21, 2026. This analyst has an accuracy rate of 72%. Keybanc analyst Ken Newman maintained an Overweight rating and boosted the price target from $350 to $375 on July 13, 2026. This analyst has an accuracy rate of 83%. DA Davidson analyst Chris Dankert initiated coverage on the stock with a Buy rating and a price target of $380 on June 16, 2026. This analyst has an accuracy rate of 71%. Oppenheimer analyst Christopher Glynn maintained the stock with an Outperform rating and raised the price target from $300 to $350 on April 29, 2026. This analyst has an accuracy rate of 81%. B of A Securities analyst Sabrina Abrams maintained the stock with a Buy rating and increased the price target from $275 to $290 on Aug. 22, 2025. This analyst has an accuracy rate of 64% Considering buying AIT stock? Here’s what analysts think:
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Cetera Investment Advisers reduced its stake in Applied Industrial Technologies, Inc. (NYSE:AIT – Free Report) by 38.2% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 6,739 shares of the industrial products company’s stock after selling 4,161 shares during the quarter. Cetera Investment Advisers’ holdings in Applied Industrial Technologies were worth $1,788,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds have also added to or reduced their stakes in the company. Norges Bank acquired a new stake in shares of Applied Industrial Technologies during the fourth quarter worth $125,044,000. Thrivent Financial for Lutherans grew its holdings in Applied Industrial Technologies by 1,628.7% during the 4th quarter. Thrivent Financial for Lutherans now owns 196,946 shares of the industrial products company’s stock worth $50,570,000 after acquiring an additional 185,553 shares during the period. M&T Bank Corp raised its position in shares of Applied Industrial Technologies by 33,181.4% in the 4th quarter. M&T Bank Corp now owns 300,864 shares of the industrial products company’s stock worth $81,322,000 after acquiring an additional 299,960 shares in the last quarter. PNC Financial Services Group Inc. lifted its stake in shares of Applied Industrial Technologies by 40.8% in the 4th quarter. PNC Financial Services Group Inc. now owns 21,572 shares of the industrial products company’s stock valued at $5,539,000 after purchasing an additional 6,254 shares during the period. Finally, Mutual of America Capital Management LLC grew its stake in Applied Industrial Technologies by 38.1% during the fourth quarter. Mutual of America Capital Management LLC now owns 96,438 shares of the industrial products company’s stock worth $24,762,000 after purchasing an additional 26,612 shares during the period. Institutional investors and hedge funds own 93.52% of the company’s stock.
Applied Industrial Technologies Price Performance AIT stock opened at $358.43 on Tuesday. The company has a market capitalization of $13.25 billion, a P/E ratio of 33.85, a price-to-earnings-growth ratio of 3.10 and a beta of 0.84. Applied Industrial Technologies, Inc. has a 52-week low of $238.34 and a 52-week high of $362.93. The business has a 50-day simple moving average of $333.54 and a two-hundred day simple moving average of $301.38. The company has a debt-to-equity ratio of 0.19, a quick ratio of 1.97 and a current ratio of 2.95.
Applied Industrial Technologies Dividend Announcement The business also recently disclosed a quarterly dividend, which will be paid on Monday, August 31st. Shareholders of record on Friday, August 14th will be paid a dividend of $0.51 per share. The ex-dividend date is Friday, August 14th. This represents a $2.04 annualized dividend and a yield of 0.6%. Applied Industrial Technologies’s dividend payout ratio (DPR) is 19.26%.
Wall Street Analysts Forecast Growth Several analysts have recently commented on AIT shares. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Applied Industrial Technologies in a research report on Tuesday, July 21st. Mizuho lifted their price target on shares of Applied Industrial Technologies from $330.00 to $355.00 and gave the company an “outperform” rating in a research note on Tuesday, July 21st. Oppenheimer upped their price objective on shares of Applied Industrial Technologies from $300.00 to $350.00 and gave the company an “outperform” rating in a report on Wednesday, April 29th. Wall Street Zen downgraded Applied Industrial Technologies from a “buy” rating to a “hold” rating in a research note on Saturday, May 2nd. Finally, KeyCorp upped their price target on Applied Industrial Technologies from $350.00 to $375.00 and gave the stock an “overweight” rating in a research note on Monday, July 13th. Seven investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat.com, Applied Industrial Technologies has an average rating of “Moderate Buy” and a consensus target price of $336.71.
Check Out Our Latest Stock Analysis on Applied Industrial Technologies
Insider Transactions at Applied Industrial Technologies In other Applied Industrial Technologies news, Director Madhuri A. Andrews sold 3,845 shares of Applied Industrial Technologies stock in a transaction on Thursday, June 18th. The shares were sold at an average price of $329.89, for a total transaction of $1,268,427.05. Following the transaction, the director directly owned 4,951 shares of the company’s stock, valued at $1,633,285.39. The trade was a 43.71% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 1.60% of the stock is owned by corporate insiders.
About Applied Industrial Technologies (Free Report)
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.
Recommended Stories Five stocks we like better than Applied Industrial Technologies SoundHound AI Sends a Loud Signal After Its Q2 Earnings Beat 3 Dividend Champion Utilities for a Market That Can’t Sit Still These 3 Most-Upgraded Stocks Have Almost Nothing to Do With AI First Solar’s Profit Engine Faces a New Policy Test in Washington Want to see what other hedge funds are holding AIT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Applied Industrial Technologies, Inc. (NYSE:AIT – Free Report).
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Wall Street analysts forecast that Applied Industrial Technologies (AIT - Free Report) will report quarterly earnings of $2.92 per share in its upcoming release, pointing to a year-over-year increase of 4.3%. It is anticipated that revenues will amount to $1.29 billion, exhibiting an increase of 5.6% compared to the year-ago quarter.
Over the last 30 days, there has been an upward revision of 0.1% in the consensus EPS estimate for the quarter, leading to its current level. This signifies the covering analysts' collective reconsideration of their initial forecasts over the course of this timeframe.
Before a company reveals its earnings, it is vital to take into account any changes in earnings projections. These revisions play a pivotal role in predicting the possible reactions of investors toward the stock. Multiple empirical studies have consistently shown a strong association between trends in earnings estimates and the short-term price movements of a stock.
While investors typically use consensus earnings and revenue estimates as indicators of quarterly business performance, exploring analysts' projections for specific key metrics can offer valuable insights.
In light of this perspective, let's dive into the average estimates of certain Applied Industrial Technologies metrics that are commonly tracked and forecasted by Wall Street analysts.
Based on the collective assessment of analysts, 'Net Sales- Engineered Solutions' should arrive at $477.37 million. The estimate suggests a change of +7.1% year over year.
It is projected by analysts that the 'Net Sales- Service Center' will reach $815.56 million. The estimate points to a change of +4.7% from the year-ago quarter.
The consensus estimate for 'Operating income- Engineered Solutions' stands at $57.63 million. Compared to the current estimate, the company reported $54.09 million in the same quarter of the previous year.
Analysts predict that the 'Operating income- Service Center' will reach $108.80 million. Compared to the present estimate, the company reported $101.29 million in the same quarter last year.
View all Key Company Metrics for Applied Industrial Technologies here>>>
Over the past month, shares of Applied Industrial Technologies have returned +8.7% versus the Zacks S&P 500 composite's +3.4% change. Currently, AIT carries a Zacks Rank #2 (Buy), suggesting that it may outperform. the overall market in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .
Applied Industrial Technologies (NYSE:AIT – Get Free Report) and NPK International (NYSE:NPKI – Get Free Report) are both industrials companies, but which is the superior stock? We will compare the two companies based on the strength of their dividends, risk, profitability, institutional ownership, earnings, analyst recommendations and valuation.
Profitability This table compares Applied Industrial Technologies and NPK International’s net margins, return on equity and return on assets.
Net Margins Return on Equity Return on Assets Applied Industrial Technologies 8.34% 21.64% 12.91% NPK International 14.19% 11.31% 9.24% Analyst Recommendations This is a breakdown of current recommendations and price targets for Applied Industrial Technologies and NPK International, as reported by MarketBeat.
Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score Applied Industrial Technologies 0 1 7 0 2.88 NPK International 0 1 3 0 2.75 Applied Industrial Technologies presently has a consensus price target of $336.71, suggesting a potential downside of 6.46%. NPK International has a consensus price target of $15.00, suggesting a potential upside of 11.32%. Given NPK International’s higher possible upside, analysts clearly believe NPK International is more favorable than Applied Industrial Technologies.
Risk and Volatility Applied Industrial Technologies has a beta of 0.84, meaning that its stock price is 16% less volatile than the S&P 500. Comparatively, NPK International has a beta of 1.26, meaning that its stock price is 26% more volatile than the S&P 500.
Valuation and Earnings This table compares Applied Industrial Technologies and NPK International”s revenue, earnings per share and valuation.
Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio Applied Industrial Technologies $4.56 billion 2.92 $392.99 million $10.59 33.99 NPK International $277.04 million 4.13 $38.94 million $0.50 26.95 Applied Industrial Technologies has higher revenue and earnings than NPK International. NPK International is trading at a lower price-to-earnings ratio than Applied Industrial Technologies, indicating that it is currently the more affordable of the two stocks.
Institutional & Insider Ownership 93.5% of Applied Industrial Technologies shares are owned by institutional investors. Comparatively, 80.8% of NPK International shares are owned by institutional investors. 1.6% of Applied Industrial Technologies shares are owned by company insiders. Comparatively, 4.2% of NPK International shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company will outperform the market over the long term.
Summary Applied Industrial Technologies beats NPK International on 9 of the 14 factors compared between the two stocks.
About Applied Industrial Technologies (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. It also operates fabricated rubber shops and service field crews that install, modify, and repair conveyor belts and rubber linings, as well as offer hose assemblies. In addition, the company provides technical support services; engages in the distribution of fluid power and industrial flow control products; advanced automation solutions, including machine vision, robotics, motion control, and smart technologies. It distributes industrial products through a network of service centers. The company serves various industries, including agriculture and food processing, cement, chemicals and petrochemicals, fabricated metals, forest products, industrial machinery and equipment, life sciences, mining, oil and gas, primary metals, technology, transportation, and utilities, as well as government entities. The company was formerly known as Bearings, Inc. and changed its to name to Applied Industrial Technologies, Inc. in 1997. The company was founded in 1923 and is headquartered in Cleveland, Ohio.
About NPK International (Get Free Report)
NPK International Inc. provides products, rentals, and services primarily to the oil and natural gas exploration and production (E&P) industry. It operates through two segments, Fluids Systems and Industrial Solutions. The Fluids Systems segment provides drilling, completion, and stimulation fluids products and related technical services to customers primarily in the North America, Europe, the Middle East, and Africa, as well as other countries in the Asia Pacific and Latin America. The Industrial Solutions segment offers composite matting system rentals utilized for temporary worksite access; related site construction and services to customers in various markets, including power transmission, E&P, pipeline, renewable energy, petrochemical, construction, and other industries primarily in the United States and Europe; recyclable composite mats to customers worldwide; and access road construction, site planning and preparation, environmental protection, erosion control, and site restoration services. The company was formerly known as Newpark Resources, Inc. and changed its name to NPK International Inc. in December 2024. The company was incorporated in 1932 and is headquartered in The Woodlands, Texas.
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Investors interested in Industrial Products stocks should always be looking to find the best-performing companies in the group. Is Applied Industrial Technologies (AIT - Free Report) one of those stocks right now? Let's take a closer look at the stock's year-to-date performance to find out.
Applied Industrial Technologies is one of 186 companies in the Industrial Products group. The Industrial Products group currently sits at #4 within the Zacks Sector Rank. The Zacks Sector Rank considers 16 different groups, measuring the average Zacks Rank of the individual stocks within the sector to gauge the strength of each group.
The Zacks Rank is a proven model that highlights a variety of stocks with the right characteristics to outperform the market over the next one to three months. The system emphasizes earnings estimate revisions and favors companies with improving earnings outlooks. Applied Industrial Technologies is currently sporting a Zacks Rank of #2 (Buy).
Within the past quarter, the Zacks Consensus Estimate for AIT's full-year earnings has moved 0.6% higher. This is a sign of improving analyst sentiment and a positive earnings outlook trend.
According to our latest data, AIT has moved about 37.1% on a year-to-date basis. At the same time, Industrial Products stocks have gained an average of 18.4%. This means that Applied Industrial Technologies is outperforming the sector as a whole this year.
Another stock in the Industrial Products sector, Idex (IEX - Free Report) , has outperformed the sector so far this year. The stock's year-to-date return is 30.8%.
The consensus estimate for Idex's current year EPS has increased 4.2% over the past three months. The stock currently has a Zacks Rank #2 (Buy).
Looking more specifically, Applied Industrial Technologies belongs to the Manufacturing - General Industrial industry, a group that includes 41 individual stocks and currently sits at #52 in the Zacks Industry Rank. On average, this group has gained an average of 8.8% so far this year, meaning that AIT is performing better in terms of year-to-date returns. Idex is also part of the same industry.
Going forward, investors interested in Industrial Products stocks should continue to pay close attention to Applied Industrial Technologies and Idex as they could maintain their solid performance.
Edgestream Partners L.P. trimmed its stake in shares of Applied Industrial Technologies, Inc. (NYSE:AIT – Free Report) by 75.1% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 9,802 shares of the industrial products company’s stock after selling 29,530 shares during the quarter. Edgestream Partners L.P.’s holdings in Applied Industrial Technologies were worth $2,601,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
A number of other large investors have also bought and sold shares of the stock. Compound Planning Inc. lifted its position in Applied Industrial Technologies by 4.7% in the fourth quarter. Compound Planning Inc. now owns 822 shares of the industrial products company’s stock valued at $211,000 after purchasing an additional 37 shares during the last quarter. US Asset Management LLC grew its holdings in shares of Applied Industrial Technologies by 3.3% in the fourth quarter. US Asset Management LLC now owns 1,266 shares of the industrial products company’s stock worth $325,000 after purchasing an additional 41 shares during the last quarter. Northwestern Mutual Wealth Management Co. increased its stake in shares of Applied Industrial Technologies by 7.4% in the third quarter. Northwestern Mutual Wealth Management Co. now owns 653 shares of the industrial products company’s stock worth $170,000 after buying an additional 45 shares during the period. Sanctuary Advisors LLC increased its stake in shares of Applied Industrial Technologies by 4.5% in the first quarter. Sanctuary Advisors LLC now owns 1,160 shares of the industrial products company’s stock worth $308,000 after buying an additional 50 shares during the period. Finally, Focus Partners Wealth boosted its position in Applied Industrial Technologies by 4.5% during the 1st quarter. Focus Partners Wealth now owns 1,341 shares of the industrial products company’s stock valued at $302,000 after buying an additional 58 shares during the period. 93.52% of the stock is owned by hedge funds and other institutional investors.
Insider Buying and Selling at Applied Industrial Technologies In other Applied Industrial Technologies news, Director Madhuri A. Andrews sold 3,845 shares of the firm’s stock in a transaction on Thursday, June 18th. The stock was sold at an average price of $329.89, for a total transaction of $1,268,427.05. Following the completion of the transaction, the director owned 4,951 shares of the company’s stock, valued at approximately $1,633,285.39. This trade represents a 43.71% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, VP Warren E. Hoffner III sold 8,000 shares of the business’s stock in a transaction on Tuesday, May 5th. The shares were sold at an average price of $306.04, for a total transaction of $2,448,320.00. Following the sale, the vice president owned 40,751 shares in the company, valued at approximately $12,471,436.04. This trade represents a 16.41% decrease in their position. The disclosure for this sale is available in the SEC filing. Company insiders own 1.60% of the company’s stock.
Applied Industrial Technologies Trading Up 0.1% AIT opened at $345.55 on Monday. The company has a quick ratio of 1.97, a current ratio of 2.95 and a debt-to-equity ratio of 0.19. Applied Industrial Technologies, Inc. has a 52 week low of $238.34 and a 52 week high of $352.76. The stock has a market cap of $12.77 billion, a PE ratio of 32.63, a PEG ratio of 2.98 and a beta of 0.84. The business has a 50 day moving average of $327.60 and a 200-day moving average of $298.11.
Applied Industrial Technologies Dividend Announcement The company also recently disclosed a quarterly dividend, which will be paid on Monday, August 31st. Shareholders of record on Friday, August 14th will be given a dividend of $0.51 per share. The ex-dividend date of this dividend is Friday, August 14th. This represents a $2.04 annualized dividend and a yield of 0.6%. Applied Industrial Technologies’s dividend payout ratio (DPR) is currently 19.26%.
Analyst Ratings Changes A number of equities analysts have issued reports on AIT shares. DA Davidson initiated coverage on shares of Applied Industrial Technologies in a research report on Tuesday, June 16th. They issued a “buy” rating and a $380.00 price objective on the stock. Wall Street Zen lowered shares of Applied Industrial Technologies from a “buy” rating to a “hold” rating in a report on Saturday, May 2nd. KeyCorp raised their target price on Applied Industrial Technologies from $350.00 to $375.00 and gave the stock an “overweight” rating in a research note on Monday, July 13th. Mizuho boosted their price target on Applied Industrial Technologies from $330.00 to $355.00 and gave the company an “outperform” rating in a report on Tuesday, July 21st. Finally, Robert W. Baird set a $317.00 price target on Applied Industrial Technologies in a research report on Wednesday, April 29th. Seven investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat.com, Applied Industrial Technologies presently has an average rating of “Moderate Buy” and an average target price of $336.71.
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.
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Entropy Technologies LP bought a new stake in Applied Industrial Technologies, Inc. (NYSE:AIT – Free Report) during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 8,704 shares of the industrial products company’s stock, valued at approximately $2,309,000.
Other hedge funds have also recently added to or reduced their stakes in the company. Torren Management LLC acquired a new stake in Applied Industrial Technologies during the fourth quarter valued at approximately $25,000. Anchor Investment Management LLC bought a new stake in shares of Applied Industrial Technologies in the 4th quarter valued at approximately $32,000. V Square Quantitative Management LLC acquired a new position in shares of Applied Industrial Technologies in the 4th quarter worth approximately $34,000. Allworth Financial LP raised its holdings in shares of Applied Industrial Technologies by 446.4% in the 3rd quarter. Allworth Financial LP now owns 153 shares of the industrial products company’s stock worth $40,000 after buying an additional 125 shares in the last quarter. Finally, Smartleaf Asset Management LLC raised its holdings in shares of Applied Industrial Technologies by 78.8% in the 4th quarter. Smartleaf Asset Management LLC now owns 177 shares of the industrial products company’s stock worth $46,000 after buying an additional 78 shares in the last quarter. Institutional investors and hedge funds own 93.52% of the company’s stock.
Insider Buying and Selling at Applied Industrial Technologies In other news, Director Madhuri A. Andrews sold 3,845 shares of the company’s stock in a transaction on Thursday, June 18th. The stock was sold at an average price of $329.89, for a total transaction of $1,268,427.05. Following the transaction, the director owned 4,951 shares of the company’s stock, valued at $1,633,285.39. This represents a 43.71% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, VP Warren E. Hoffner III sold 8,000 shares of the firm’s stock in a transaction dated Tuesday, May 5th. The shares were sold at an average price of $306.04, for a total value of $2,448,320.00. Following the completion of the transaction, the vice president owned 40,751 shares in the company, valued at approximately $12,471,436.04. This represents a 16.41% decrease in their position. The disclosure for this sale is available in the SEC filing. Corporate insiders own 1.60% of the company’s stock.
Applied Industrial Technologies Stock Performance Shares of Applied Industrial Technologies stock opened at $347.16 on Monday. The company has a debt-to-equity ratio of 0.19, a current ratio of 2.95 and a quick ratio of 1.97. The firm has a 50 day simple moving average of $323.78 and a 200 day simple moving average of $295.42. Applied Industrial Technologies, Inc. has a fifty-two week low of $238.34 and a fifty-two week high of $348.09. The firm has a market cap of $12.83 billion, a P/E ratio of 32.78, a P/E/G ratio of 2.99 and a beta of 0.83.
Applied Industrial Technologies (NYSE:AIT – Get Free Report) last posted its quarterly earnings data on Tuesday, April 28th. The industrial products company reported $2.65 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.63 by $0.02. The firm had revenue of $1.25 billion for the quarter, compared to the consensus estimate of $1.23 billion. Applied Industrial Technologies had a return on equity of 21.64% and a net margin of 8.34%.The business’s revenue for the quarter was up 7.3% compared to the same quarter last year. During the same quarter in the prior year, the business earned $2.57 EPS. Applied Industrial Technologies has set its Q4 2026 guidance at 2.850-2.960 EPS and its FY 2026 guidance at 10.640-10.750 EPS. Sell-side analysts predict that Applied Industrial Technologies, Inc. will post 10.71 earnings per share for the current fiscal year.
Applied Industrial Technologies Announces Dividend The company also recently announced a quarterly dividend, which will be paid on Monday, August 31st. Stockholders of record on Friday, August 14th will be given a dividend of $0.51 per share. The ex-dividend date is Friday, August 14th. This represents a $2.04 dividend on an annualized basis and a dividend yield of 0.6%. Applied Industrial Technologies’s payout ratio is presently 19.26%.
Wall Street Analysts Forecast Growth AIT has been the topic of a number of analyst reports. DA Davidson initiated coverage on Applied Industrial Technologies in a research report on Tuesday, June 16th. They issued a “buy” rating and a $380.00 price target on the stock. Weiss Ratings reiterated a “buy (b)” rating on shares of Applied Industrial Technologies in a research note on Tuesday, July 21st. KeyCorp lifted their price objective on Applied Industrial Technologies from $350.00 to $375.00 and gave the company an “overweight” rating in a report on Monday, July 13th. Wall Street Zen downgraded shares of Applied Industrial Technologies from a “buy” rating to a “hold” rating in a research note on Saturday, May 2nd. Finally, Oppenheimer upped their target price on shares of Applied Industrial Technologies from $300.00 to $350.00 and gave the stock an “outperform” rating in a report on Wednesday, April 29th. Seven investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $336.71.
Read Our Latest Research Report on AIT
Applied Industrial Technologies Company Profile (Free Report)
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.
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Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.
Bank of New York Mellon Corp lowered its stake in shares of Applied Industrial Technologies, Inc. (NYSE:AIT – Free Report) by 2.1% during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 290,328 shares of the industrial products company’s stock after selling 6,224 shares during the period. Bank of New York Mellon Corp owned 0.79% of Applied Industrial Technologies worth $77,030,000 at the end of the most recent quarter.
Other large investors also recently made changes to their positions in the company. Compound Planning Inc. increased its position in Applied Industrial Technologies by 4.7% during the fourth quarter. Compound Planning Inc. now owns 822 shares of the industrial products company’s stock worth $211,000 after buying an additional 37 shares during the last quarter. US Asset Management LLC boosted its stake in shares of Applied Industrial Technologies by 3.3% during the 4th quarter. US Asset Management LLC now owns 1,266 shares of the industrial products company’s stock worth $325,000 after acquiring an additional 41 shares during the period. Northwestern Mutual Wealth Management Co. boosted its stake in shares of Applied Industrial Technologies by 7.4% during the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 653 shares of the industrial products company’s stock worth $170,000 after acquiring an additional 45 shares during the period. Sanctuary Advisors LLC increased its holdings in shares of Applied Industrial Technologies by 4.5% during the 1st quarter. Sanctuary Advisors LLC now owns 1,160 shares of the industrial products company’s stock worth $308,000 after acquiring an additional 50 shares during the last quarter. Finally, GAMMA Investing LLC raised its stake in Applied Industrial Technologies by 3.6% in the 4th quarter. GAMMA Investing LLC now owns 1,585 shares of the industrial products company’s stock valued at $407,000 after acquiring an additional 55 shares during the period. Institutional investors and hedge funds own 93.52% of the company’s stock.
Insider Buying and Selling at Applied Industrial Technologies In related news, Director Madhuri A. Andrews sold 3,845 shares of the firm’s stock in a transaction on Thursday, June 18th. The stock was sold at an average price of $329.89, for a total value of $1,268,427.05. Following the transaction, the director owned 4,951 shares in the company, valued at approximately $1,633,285.39. This trade represents a 43.71% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, VP Warren E. Hoffner III sold 8,000 shares of the company’s stock in a transaction dated Tuesday, May 5th. The stock was sold at an average price of $306.04, for a total transaction of $2,448,320.00. Following the sale, the vice president directly owned 40,751 shares of the company’s stock, valued at $12,471,436.04. This represents a 16.41% decrease in their position. The SEC filing for this sale provides additional information. Corporate insiders own 1.60% of the company’s stock.
Analyst Ratings Changes Several brokerages recently commented on AIT. Oppenheimer lifted their target price on shares of Applied Industrial Technologies from $300.00 to $350.00 and gave the stock an “outperform” rating in a report on Wednesday, April 29th. Wall Street Zen downgraded shares of Applied Industrial Technologies from a “buy” rating to a “hold” rating in a research report on Saturday, May 2nd. Weiss Ratings restated a “buy (b)” rating on shares of Applied Industrial Technologies in a report on Friday, April 24th. Mizuho upped their target price on Applied Industrial Technologies from $330.00 to $355.00 and gave the company an “outperform” rating in a research report on Tuesday. Finally, DA Davidson assumed coverage on Applied Industrial Technologies in a research note on Tuesday, June 16th. They set a “buy” rating and a $380.00 target price on the stock. Seven analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $336.71.
Read Our Latest Research Report on Applied Industrial Technologies
Applied Industrial Technologies Price Performance Shares of Applied Industrial Technologies stock opened at $340.91 on Wednesday. The company has a quick ratio of 1.97, a current ratio of 2.95 and a debt-to-equity ratio of 0.19. The stock has a market capitalization of $12.60 billion, a price-to-earnings ratio of 32.19, a price-to-earnings-growth ratio of 2.91 and a beta of 0.83. Applied Industrial Technologies, Inc. has a twelve month low of $238.34 and a twelve month high of $345.48. The company has a 50-day simple moving average of $321.81 and a two-hundred day simple moving average of $293.64.
Applied Industrial Technologies (NYSE:AIT – Get Free Report) last announced its earnings results on Tuesday, April 28th. The industrial products company reported $2.65 EPS for the quarter, topping the consensus estimate of $2.63 by $0.02. The company had revenue of $1.25 billion for the quarter, compared to analysts’ expectations of $1.23 billion. Applied Industrial Technologies had a net margin of 8.34% and a return on equity of 21.64%. The business’s revenue for the quarter was up 7.3% on a year-over-year basis. During the same period last year, the firm earned $2.57 earnings per share. Applied Industrial Technologies has set its Q4 2026 guidance at 2.850-2.960 EPS and its FY 2026 guidance at 10.640-10.750 EPS. Analysts forecast that Applied Industrial Technologies, Inc. will post 10.71 EPS for the current year.
Applied Industrial Technologies Dividend Announcement The business also recently announced a quarterly dividend, which will be paid on Monday, August 31st. Stockholders of record on Friday, August 14th will be given a dividend of $0.51 per share. This represents a $2.04 dividend on an annualized basis and a dividend yield of 0.6%. The ex-dividend date is Friday, August 14th. Applied Industrial Technologies’s dividend payout ratio is presently 19.26%.
Applied Industrial Technologies Company Profile (Free Report)
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.
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Bessemer Group Inc. decreased its position in Applied Industrial Technologies, Inc. (NYSE:AIT – Free Report) by 6.9% during the 1st quarter, according to its most recent filing with the SEC. The institutional investor owned 118,275 shares of the industrial products company’s stock after selling 8,790 shares during the period. Bessemer Group Inc. owned about 0.32% of Applied Industrial Technologies worth $31,382,000 as of its most recent filing with the SEC.
Other large investors have also recently bought and sold shares of the company. Goldman Sachs Group Inc. lifted its position in shares of Applied Industrial Technologies by 4.1% in the first quarter. Goldman Sachs Group Inc. now owns 381,187 shares of the industrial products company’s stock worth $85,897,000 after purchasing an additional 14,926 shares in the last quarter. Empowered Funds LLC acquired a new position in Applied Industrial Technologies during the first quarter worth $318,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its position in Applied Industrial Technologies by 12.4% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 98,348 shares of the industrial products company’s stock valued at $22,162,000 after purchasing an additional 10,863 shares in the last quarter. Focus Partners Wealth grew its position in Applied Industrial Technologies by 4.5% in the first quarter. Focus Partners Wealth now owns 1,341 shares of the industrial products company’s stock valued at $302,000 after purchasing an additional 58 shares in the last quarter. Finally, M&T Bank Corp acquired a new stake in Applied Industrial Technologies in the 2nd quarter valued at $217,000. Institutional investors and hedge funds own 93.52% of the company’s stock.
Analysts Set New Price Targets Several equities research analysts have commented on AIT shares. DA Davidson initiated coverage on shares of Applied Industrial Technologies in a research report on Tuesday, June 16th. They set a “buy” rating and a $380.00 price target on the stock. Oppenheimer raised their target price on shares of Applied Industrial Technologies from $300.00 to $350.00 and gave the company an “outperform” rating in a research note on Wednesday, April 29th. Wall Street Zen downgraded shares of Applied Industrial Technologies from a “buy” rating to a “hold” rating in a report on Saturday, May 2nd. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Applied Industrial Technologies in a research report on Friday, April 24th. Finally, KeyCorp upped their price target on shares of Applied Industrial Technologies from $350.00 to $375.00 and gave the stock an “overweight” rating in a research report on Monday, July 13th. Six investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $329.57.
Check Out Our Latest Stock Report on Applied Industrial Technologies
Applied Industrial Technologies Price Performance Shares of NYSE AIT opened at $336.35 on Friday. The company has a quick ratio of 1.97, a current ratio of 2.95 and a debt-to-equity ratio of 0.19. The business’s 50 day moving average price is $320.78 and its two-hundred day moving average price is $292.32. The company has a market cap of $12.43 billion, a PE ratio of 31.76, a price-to-earnings-growth ratio of 2.91 and a beta of 0.83. Applied Industrial Technologies, Inc. has a twelve month low of $238.34 and a twelve month high of $345.48.
Applied Industrial Technologies (NYSE:AIT – Get Free Report) last released its quarterly earnings data on Tuesday, April 28th. The industrial products company reported $2.65 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.63 by $0.02. Applied Industrial Technologies had a return on equity of 21.64% and a net margin of 8.34%.The company had revenue of $1.25 billion during the quarter, compared to analysts’ expectations of $1.23 billion. During the same period last year, the firm posted $2.57 earnings per share. The business’s revenue was up 7.3% on a year-over-year basis. Applied Industrial Technologies has set its Q4 2026 guidance at 2.850-2.960 EPS and its FY 2026 guidance at 10.640-10.750 EPS. On average, analysts predict that Applied Industrial Technologies, Inc. will post 10.71 EPS for the current year.
Applied Industrial Technologies Announces Dividend The firm also recently declared a quarterly dividend, which will be paid on Monday, August 31st. Shareholders of record on Friday, August 14th will be issued a dividend of $0.51 per share. The ex-dividend date of this dividend is Friday, August 14th. This represents a $2.04 annualized dividend and a yield of 0.6%. Applied Industrial Technologies’s dividend payout ratio (DPR) is currently 19.26%.
Insider Buying and Selling at Applied Industrial Technologies In other Applied Industrial Technologies news, Director Madhuri A. Andrews sold 3,845 shares of Applied Industrial Technologies stock in a transaction on Thursday, June 18th. The shares were sold at an average price of $329.89, for a total transaction of $1,268,427.05. Following the completion of the transaction, the director directly owned 4,951 shares of the company’s stock, valued at $1,633,285.39. The trade was a 43.71% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, VP Warren E. Hoffner III sold 8,000 shares of the company’s stock in a transaction on Tuesday, May 5th. The shares were sold at an average price of $306.04, for a total transaction of $2,448,320.00. Following the completion of the transaction, the vice president owned 40,751 shares in the company, valued at approximately $12,471,436.04. This represents a 16.41% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Company insiders own 1.60% of the company’s stock.
Applied Industrial Technologies Company Profile (Free Report)
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.
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Allspring Global Investments Holdings LLC lifted its position in Applied Industrial Technologies, Inc. (NYSE:AIT – Free Report) by 12.3% during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 259,786 shares of the industrial products company’s stock after buying an additional 28,546 shares during the period. Allspring Global Investments Holdings LLC owned approximately 0.70% of Applied Industrial Technologies worth $69,976,000 as of its most recent SEC filing.
Several other large investors have also recently modified their holdings of AIT. Capital International Investors increased its position in shares of Applied Industrial Technologies by 25.4% during the fourth quarter. Capital International Investors now owns 962,925 shares of the industrial products company’s stock worth $247,250,000 after purchasing an additional 195,043 shares in the last quarter. Wellington Management Group LLP lifted its holdings in shares of Applied Industrial Technologies by 0.9% during the 4th quarter. Wellington Management Group LLP now owns 776,394 shares of the industrial products company’s stock valued at $199,355,000 after purchasing an additional 6,953 shares during the last quarter. Dimensional Fund Advisors LP boosted its position in shares of Applied Industrial Technologies by 0.5% in the 4th quarter. Dimensional Fund Advisors LP now owns 723,700 shares of the industrial products company’s stock worth $185,833,000 after purchasing an additional 3,348 shares in the last quarter. Geode Capital Management LLC boosted its position in shares of Applied Industrial Technologies by 0.3% in the 4th quarter. Geode Capital Management LLC now owns 687,161 shares of the industrial products company’s stock worth $176,479,000 after purchasing an additional 1,889 shares in the last quarter. Finally, Corient Private Wealth LLC grew its stake in Applied Industrial Technologies by 22,451.0% during the 4th quarter. Corient Private Wealth LLC now owns 585,423 shares of the industrial products company’s stock worth $150,319,000 after buying an additional 582,827 shares during the last quarter. Institutional investors own 93.52% of the company’s stock.
Applied Industrial Technologies Stock Performance AIT opened at $336.35 on Friday. The firm’s fifty day simple moving average is $320.78 and its two-hundred day simple moving average is $292.32. Applied Industrial Technologies, Inc. has a 52-week low of $238.34 and a 52-week high of $345.48. The company has a market cap of $12.43 billion, a price-to-earnings ratio of 31.76, a PEG ratio of 2.87 and a beta of 0.83. The company has a quick ratio of 1.97, a current ratio of 2.95 and a debt-to-equity ratio of 0.19.
Applied Industrial Technologies (NYSE:AIT – Get Free Report) last released its earnings results on Tuesday, April 28th. The industrial products company reported $2.65 EPS for the quarter, topping analysts’ consensus estimates of $2.63 by $0.02. Applied Industrial Technologies had a net margin of 8.34% and a return on equity of 21.64%. The business had revenue of $1.25 billion during the quarter, compared to analysts’ expectations of $1.23 billion. During the same quarter in the previous year, the company earned $2.57 earnings per share. The company’s quarterly revenue was up 7.3% on a year-over-year basis. Applied Industrial Technologies has set its Q4 2026 guidance at 2.850-2.960 EPS and its FY 2026 guidance at 10.640-10.750 EPS. Equities analysts anticipate that Applied Industrial Technologies, Inc. will post 10.71 earnings per share for the current fiscal year.
Applied Industrial Technologies Announces Dividend The company also recently declared a quarterly dividend, which will be paid on Monday, August 31st. Stockholders of record on Friday, August 14th will be paid a $0.51 dividend. The ex-dividend date of this dividend is Friday, August 14th. This represents a $2.04 dividend on an annualized basis and a dividend yield of 0.6%. Applied Industrial Technologies’s payout ratio is currently 19.26%.
Insider Activity at Applied Industrial Technologies In other news, Director Madhuri A. Andrews sold 3,845 shares of the company’s stock in a transaction on Thursday, June 18th. The shares were sold at an average price of $329.89, for a total transaction of $1,268,427.05. Following the completion of the sale, the director owned 4,951 shares of the company’s stock, valued at $1,633,285.39. This represents a 43.71% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, VP Warren E. Hoffner III sold 8,000 shares of the stock in a transaction dated Tuesday, May 5th. The shares were sold at an average price of $306.04, for a total transaction of $2,448,320.00. Following the completion of the sale, the vice president owned 40,751 shares of the company’s stock, valued at $12,471,436.04. This trade represents a 16.41% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 1.60% of the stock is currently owned by insiders.
Analyst Ratings Changes Several research analysts recently issued reports on the company. DA Davidson began coverage on Applied Industrial Technologies in a research report on Tuesday, June 16th. They set a “buy” rating and a $380.00 target price on the stock. Robert W. Baird set a $317.00 price target on Applied Industrial Technologies in a report on Wednesday, April 29th. Weiss Ratings restated a “buy (b)” rating on shares of Applied Industrial Technologies in a research note on Friday, April 24th. Oppenheimer upped their price objective on shares of Applied Industrial Technologies from $300.00 to $350.00 and gave the company an “outperform” rating in a report on Wednesday, April 29th. Finally, Wall Street Zen lowered shares of Applied Industrial Technologies from a “buy” rating to a “hold” rating in a research report on Saturday, May 2nd. Six equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $329.57.
Check Out Our Latest Research Report on Applied Industrial Technologies
Applied Industrial Technologies Company Profile (Free Report)
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.
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CLEVELAND--(BUSINESS WIRE)--Applied Industrial Technologies (NYSE: AIT) today announced it will release its fiscal 2026 fourth quarter results on Thursday, August 13, 2026, before the market opens. The Company's fiscal 2026 fourth quarter ended June 30, 2026. The Company will host a conference call at 10 a.m. ET that day to discuss the quarter's results and outlook. A live audio webcast and supplemental presentation can be accessed on our Investor Relations site at https://ir.applied.com. To jo.
Applied Industrial Technologies (NYSE: AIT) today announced it will release its fiscal 2026 fourth quarter results on Thursday, August 13, 2026, before the mar
For those looking to find strong Industrial Products stocks, it is prudent to search for companies in the group that are outperforming their peers. Is Applied Industrial Technologies (AIT - Free Report) one of those stocks right now? Let's take a closer look at the stock's year-to-date performance to find out.
Applied Industrial Technologies is a member of our Industrial Products group, which includes 188 different companies and currently sits at #9 in the Zacks Sector Rank. The Zacks Sector Rank gauges the strength of our 16 individual sector groups by measuring the average Zacks Rank of the individual stocks within the groups.
The Zacks Rank is a proven system that emphasizes earnings estimates and estimate revisions, highlighting a variety of stocks that are displaying the right characteristics to beat the market over the next one to three months. Applied Industrial Technologies is currently sporting a Zacks Rank of #2 (Buy).
The Zacks Consensus Estimate for AIT's full-year earnings has moved 1.2% higher within the past quarter. This is a sign of improving analyst sentiment and a positive earnings outlook trend.
Our latest available data shows that AIT has returned about 27.6% since the start of the calendar year. Meanwhile, the Industrial Products sector has returned an average of 17.2% on a year-to-date basis. This shows that Applied Industrial Technologies is outperforming its peers so far this year.
Another Industrial Products stock, which has outperformed the sector so far this year, is W.W. Grainger (GWW - Free Report) . The stock has returned 35.9% year-to-date.
Over the past three months, W.W. Grainger's consensus EPS estimate for the current year has increased 4.2%. The stock currently has a Zacks Rank #2 (Buy).
Looking more specifically, Applied Industrial Technologies belongs to the Manufacturing - General Industrial industry, which includes 42 individual stocks and currently sits at #66 in the Zacks Industry Rank. Stocks in this group have gained about 6.7% so far this year, so AIT is performing better this group in terms of year-to-date returns.
In contrast, W.W. Grainger falls under the Industrial Services industry. Currently, this industry has 17 stocks and is ranked #203. Since the beginning of the year, the industry has moved +9.1%.
Going forward, investors interested in Industrial Products stocks should continue to pay close attention to Applied Industrial Technologies and W.W. Grainger as they could maintain their solid performance.
For those looking to find strong Industrial Products stocks, it is prudent to search for companies in the group that are outperforming their peers. Is Applied Industrial Technologies (AIT - Free Report) one of those stocks right now? A quick glance at the company's year-to-date performance in comparison to the rest of the Industrial Products sector should help us answer this question.
Applied Industrial Technologies is a member of the Industrial Products sector. This group includes 181 individual stocks and currently holds a Zacks Sector Rank of #12. The Zacks Sector Rank gauges the strength of our 16 individual sector groups by measuring the average Zacks Rank of the individual stocks within the groups.
The Zacks Rank is a proven model that highlights a variety of stocks with the right characteristics to outperform the market over the next one to three months. The system emphasizes earnings estimate revisions and favors companies with improving earnings outlooks. Applied Industrial Technologies is currently sporting a Zacks Rank of #2 (Buy).
Over the past three months, the Zacks Consensus Estimate for AIT's full-year earnings has moved 0.5% higher. This signals that analyst sentiment is improving and the stock's earnings outlook is more positive.
According to our latest data, AIT has moved about 30.1% on a year-to-date basis. Meanwhile, stocks in the Industrial Products group have gained about 23.4% on average. This means that Applied Industrial Technologies is performing better than its sector in terms of year-to-date returns.
Another Industrial Products stock, which has outperformed the sector so far this year, is W.W. Grainger (GWW - Free Report) . The stock has returned 34.1% year-to-date.
For W.W. Grainger, the consensus EPS estimate for the current year has increased 4.1% over the past three months. The stock currently has a Zacks Rank #2 (Buy).
Looking more specifically, Applied Industrial Technologies belongs to the Manufacturing - General Industrial industry, a group that includes 41 individual stocks and currently sits at #80 in the Zacks Industry Rank. Stocks in this group have gained about 11.8% so far this year, so AIT is performing better this group in terms of year-to-date returns.
In contrast, W.W. Grainger falls under the Industrial Services industry. Currently, this industry has 16 stocks and is ranked #173. Since the beginning of the year, the industry has moved +11.1%.
Going forward, investors interested in Industrial Products stocks should continue to pay close attention to Applied Industrial Technologies and W.W. Grainger as they could maintain their solid performance.
CLEVELAND--(BUSINESS WIRE)--Applied Industrial Technologies (NYSE: AIT) announced today that its Board of Directors declared a quarterly cash dividend of $0.51 per common share. The dividend is payable on August 31, 2026, to shareholders of record on August 14, 2026.
About Applied®
Applied Industrial Technologies is a leading value-added distributor and technical solutions provider of industrial motion, fluid power, flow control, automation technologies, and related maintenance supplies. Our leading brands, specialized services, and comprehensive knowledge serve MRO (maintenance, repair, and operations) and OEM (original equipment manufacturing), and new system install applications in virtually all industrial markets through our multi-channel capabilities that provide choice, convenience, and expertise. For more information, visit www.applied.com.
More News From Applied Industrial Technologies, Inc.
Capital International Inc. CA acquired a new position in shares of Applied Industrial Technologies, Inc. (NYSE: AIT) during the undefined quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 10,425 shares of the industrial products company's stock, valued at approximately $2,721,000. A number of other
Capital International Investors acquired a new position in shares of Applied Industrial Technologies, Inc. (NYSE: AIT) in the undefined quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 767,882 shares of the industrial products company's stock, valued at approximately $200,456,000. Capital International Investors owned
Algert Global LLC increased its position in shares of Applied Industrial Technologies, Inc. (NYSE: AIT) by 3.6% during the undefined quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 62,533 shares of the industrial products company's stock after acquiring an additional 2,183
ArrowMark Colorado Holdings LLC trimmed its position in shares of Applied Industrial Technologies, Inc. (NYSE: AIT) by 1.4% in the undefined quarter, according to the company in its most recent disclosure with the SEC. The fund owned 195,393 shares of the industrial products company's stock after selling 2,748 shares during the quarter. ArrowMark
Maridea Wealth Management LLC bought a new stake in shares of Applied Industrial Technologies, Inc. (NYSE: AIT) during the undefined quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 2,074 shares of the industrial products company's stock, valued at approximately $532,000. A number of
Shares of Applied Industrial Technologies, Inc. (NYSE: AIT - Get Free Report) have earned an average rating of "Moderate Buy" from the seven ratings firms that are presently covering the stock, Marketbeat.com reports. One analyst has rated the stock with a hold recommendation and six have assigned a buy recommendation to the company. The average 12-month
Applied Industrial Technologies (NYSE: AIT - Get Free Report) and Broadwind Energy (NASDAQ: BWEN - Get Free Report) are both industrials companies, but which is the better stock? We will compare the two companies based on the strength of their dividends, valuation, analyst recommendations, profitability, risk, earnings and institutional ownership. Volatility and Risk Applied Industrial Technologies has
Key Takeaways Applied Industrial benefits from strong MRO demand, driving Service Center organic sales growth.AIT's acquisitions, including Thompson and IRIS, expanded capabilities and boosted sales growth.Shareholder returns remain strong with higher dividends and $143.4M in buybacks in H1 FY26. Applied Industrial Technologies, Inc. (AIT - Free Report) is well-poised to benefit from strength across its business, acquisitions, focus on improving the product line and operational excellence. The company remains focused on investing in growth opportunities and solidifying its long-term market position.
AIT has a market capitalization of $10.2 billion and currently carries a Zacks Rank #2 (Buy). Let’s delve into the factors that have been aiding the firm for a while now.
Business Strength: Applied Industrial continues to benefit from demand for technical MRO services, which remains a key support for the Service Center Based Distribution segment. In second-quarter fiscal 2026, the Service Center segment’s organic sales rose 2.9% year over year, with U.S. organic sales up more than 4% as internal initiatives and local account execution improved.
Acquisition Benefits: The company continues to add assets that expand capabilities and geographic reach. In the fiscal second quarter, acquisitions had a positive impact of 6% on the company's sales. The company announced the bolt-on acquisition of Thompson Industrial Supply (in January 2026), which is expected to generate approximately $20 million of annual sales in its first year and will be integrated into Service Center operations.
In May 2025, the company acquired IRIS Factory Automation (“IRIS”). The acquisition boosted Applied Industrial’s automation offerings and was integrated into the Engineered Solutions segment.
Price Performance of AIT
Image Source: Zacks Investment Research
In the past year, AIT has gained 24.4% compared with the industry’s 22.5% growth.
Business Initiatives: AIT’s focus on improving the product line, increasing value-added services and initiatives to drive operational excellence will boost results in the quarters ahead. Its focus on pricing, mix, channel execution and internal initiatives remains supportive of underlying margins, even as near-term inflation affects reported results.
Shareholder-Friendly Policies: It remains committed to rewarding its shareholders through dividend payouts and share buybacks. In the first six months of fiscal 2026, it paid out dividends worth $34.7 million, up 21.8% on a year-over-year basis. Also, the company increased its quarterly dividend by 11% to 51 cents per share and repurchased shares worth $143.4 million during the first half of fiscal 2026.
Other Stocks to ConsiderSome other top-ranked companies are discussed below.
Flowserve Corporation (FLS - Free Report) presently sports a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
Flowserve’s earnings surpassed the consensus estimate in each of the trailing four quarters. The average earnings surprise was 17.3%. In the past 60 days, the Zacks Consensus Estimate for Flowserve’s 2026 earnings has increased 4.6%.
Nordson Corporation (NDSN - Free Report) currently carries a Zacks Rank of 2. Nordson’s earnings topped the consensus estimate in each of the trailing four quarters. The average earnings surprise was 2.5%.
In the past 60 days, the Zacks Consensus Estimate for Nordson’s fiscal 2026 earnings has increased 2%.
Parker-Hannifin Corporation (PH - Free Report) currently carries a Zacks Rank of 2. Parker-Hannifin’s earnings topped the consensus estimate in each of the trailing four quarters. The average earnings surprise was 6.8%.
In the past 60 days, the Zacks Consensus Estimate for Parker-Hannifin’s fiscal 2026 earnings has increased 0.7%.
CLEVELAND--(BUSINESS WIRE)--Applied Industrial Technologies (NYSE: AIT) today announced it will release its fiscal 2026 third quarter results on Tuesday, April 28, 2026, before the market opens. The Company’s fiscal 2026 third quarter ended March 31, 2026.
The Company will host a conference call at 10 a.m. ET that day to discuss the quarter’s results and outlook. A live audio webcast and supplemental presentation can be accessed on our Investor Relations site at https://ir.applied.com. To join by telephone, dial 833-461-5787 (toll free) or 585-542-9983 using conference ID 381460398.
Replays of the call will be available via webcast, as well as by telephone for one week by dialing 833-461-5787 (toll free) using conference ID 381460398.
About Applied®
Applied Industrial Technologies is a leading value-added distributor and technical solutions provider of industrial motion, fluid power, flow control, automation technologies, and related maintenance supplies. Our leading brands, specialized services, and comprehensive knowledge serve MRO (maintenance, repair, and operations), OEM (original equipment manufacturing), and new system install applications in virtually all industrial markets through our multi-channel capabilities that provide choice, convenience, and expertise. For more information, visit www.applied.com.
More News From Applied Industrial Technologies, Inc.
GEA Group (OTCMKTS:GEAGF – Get Free Report) and Applied Industrial Technologies (NYSE:AIT – Get Free Report) are both large-cap industrials companies, but which is the superior stock? We will contrast the two businesses based on the strength of their institutional ownership, earnings, profitability, risk, analyst recommendations, valuation and dividends.
Volatility and Risk GEA Group has a beta of 0.31, indicating that its stock price is 69% less volatile than the S&P 500. Comparatively, Applied Industrial Technologies has a beta of 0.82, indicating that its stock price is 18% less volatile than the S&P 500.
Valuation and Earnings This table compares GEA Group and Applied Industrial Technologies”s top-line revenue, earnings per share (EPS) and valuation.
Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio GEA Group $6.22 billion 1.96 $468.31 million $2.32 32.18 Applied Industrial Technologies $4.56 billion 2.36 $392.99 million $10.51 27.53 GEA Group has higher revenue and earnings than Applied Industrial Technologies. Applied Industrial Technologies is trading at a lower price-to-earnings ratio than GEA Group, indicating that it is currently the more affordable of the two stocks.
Profitability This table compares GEA Group and Applied Industrial Technologies’ net margins, return on equity and return on assets.
Net Margins Return on Equity Return on Assets GEA Group 7.49% 18.50% 7.55% Applied Industrial Technologies 8.49% 21.74% 12.78% Insider and Institutional Ownership 93.5% of Applied Industrial Technologies shares are held by institutional investors. 1.6% of Applied Industrial Technologies shares are held by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company will outperform the market over the long term.
Analyst Recommendations This is a summary of recent ratings and price targets for GEA Group and Applied Industrial Technologies, as provided by MarketBeat.
Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score GEA Group 0 1 0 1 3.00 Applied Industrial Technologies 0 1 6 0 2.86 Applied Industrial Technologies has a consensus price target of $294.38, indicating a potential upside of 1.76%. Given Applied Industrial Technologies’ higher possible upside, analysts plainly believe Applied Industrial Technologies is more favorable than GEA Group.
Summary Applied Industrial Technologies beats GEA Group on 10 of the 15 factors compared between the two stocks.
About GEA Group (Get Free Report)
GEA Group Aktiengesellschaft engages in the development and production of systems and components to the food, beverage, and pharmaceutical industries. It operates through Separation & Flow Technologies, Liquid & Power Technologies, Food & Health Technologies, Farm Technologies, and Heating & Refrigeration Technologies segments. The Separation & Flow Technologies segment manufacture process-related components and machinery including notably separators, decanters, homogenizers, valves, and pumps. The Liquid & Power Technologies segment offers brewing systems, liquid processing and filling, concentration, precision fermentation, crystallization, purification, drying, powder handling, and packaging, as well as systems for emission control for dairy, beverage, food, chemical, and other industries. The Food & Health Technologies segment engages in the preparation, marination, and processing of meat, poultry, seafood, and vegan products, pasta and confectionery products, baking, slicing, packaging, and frozen food processing for food processing industry; and provides tablet presses for pharmaceutical industry. The Farm Technologies segment offers customer solution for milk production and livestock farming, which includes automatic milking and feeding system, conventional milking solutions, manure handling, and digital herd management tool. The Heating & Refrigeration Technologies segment provides energy solution in the field of industrial refrigeration and heating for an array of industries including food, beverage, dairy, and oil and gas. The company was formerly known as mg technologies ag and changed its name to GEA Group Aktiengesellschaft in 2005. GEA Group Aktiengesellschaft was founded in 1881 and is headquartered in Düsseldorf, Germany.
About Applied Industrial Technologies (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. It also operates fabricated rubber shops and service field crews that install, modify, and repair conveyor belts and rubber linings, as well as offer hose assemblies. In addition, the company provides technical support services; engages in the distribution of fluid power and industrial flow control products; advanced automation solutions, including machine vision, robotics, motion control, and smart technologies. It distributes industrial products through a network of service centers. The company serves various industries, including agriculture and food processing, cement, chemicals and petrochemicals, fabricated metals, forest products, industrial machinery and equipment, life sciences, mining, oil and gas, primary metals, technology, transportation, and utilities, as well as government entities. The company was formerly known as Bearings, Inc. and changed its to name to Applied Industrial Technologies, Inc. in 1997. The company was founded in 1923 and is headquartered in Cleveland, Ohio.
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Childress Capital Advisors LLC bought a new position in shares of Applied Industrial Technologies, Inc. (NYSE:AIT – Free Report) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm bought 1,800 shares of the industrial products company’s stock, valued at approximately $462,000.
Several other hedge funds and other institutional investors have also modified their holdings of AIT. Goldman Sachs Group Inc. lifted its position in Applied Industrial Technologies by 4.1% during the first quarter. Goldman Sachs Group Inc. now owns 381,187 shares of the industrial products company’s stock worth $85,897,000 after acquiring an additional 14,926 shares during the last quarter. Empowered Funds LLC acquired a new position in shares of Applied Industrial Technologies in the first quarter valued at approximately $318,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its stake in shares of Applied Industrial Technologies by 12.4% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 98,348 shares of the industrial products company’s stock worth $22,162,000 after purchasing an additional 10,863 shares during the period. Focus Partners Wealth increased its stake in shares of Applied Industrial Technologies by 4.5% during the first quarter. Focus Partners Wealth now owns 1,341 shares of the industrial products company’s stock worth $302,000 after purchasing an additional 58 shares during the period. Finally, M&T Bank Corp acquired a new stake in Applied Industrial Technologies during the 2nd quarter worth approximately $217,000. Institutional investors own 93.52% of the company’s stock.
Applied Industrial Technologies Trading Up 0.0% Shares of Applied Industrial Technologies stock opened at $284.63 on Friday. The firm’s 50-day moving average price is $274.00 and its two-hundred day moving average price is $265.26. The company has a market capitalization of $10.62 billion, a price-to-earnings ratio of 27.08, a PEG ratio of 2.72 and a beta of 0.82. The company has a quick ratio of 2.56, a current ratio of 3.68 and a debt-to-equity ratio of 0.31. Applied Industrial Technologies, Inc. has a 12-month low of $212.14 and a 12-month high of $296.70.
Applied Industrial Technologies (NYSE:AIT – Get Free Report) last posted its earnings results on Tuesday, January 27th. The industrial products company reported $2.51 EPS for the quarter, topping analysts’ consensus estimates of $2.48 by $0.03. Applied Industrial Technologies had a net margin of 8.49% and a return on equity of 21.74%. The firm had revenue of $1.16 billion during the quarter, compared to analysts’ expectations of $1.17 billion. During the same quarter in the prior year, the business earned $2.39 earnings per share. The business’s revenue for the quarter 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. On average, analysts forecast that Applied Industrial Technologies, Inc. will post 9.9 earnings per share for the current fiscal year.
Applied Industrial Technologies Increases Dividend The business also recently announced a quarterly dividend, which was paid on Friday, February 27th. Investors of record on Friday, February 13th were paid a dividend of $0.51 per share. This is a boost from Applied Industrial Technologies’s previous quarterly dividend of $0.46. This represents a $2.04 annualized dividend and a yield of 0.7%. The ex-dividend date of this dividend was Friday, February 13th. Applied Industrial Technologies’s payout ratio is currently 19.41%.
Wall Street Analyst Weigh In A number of research analysts have commented on the company. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Applied Industrial Technologies in a report on Monday, December 29th. KeyCorp boosted their target price on shares of Applied Industrial Technologies from $300.00 to $330.00 and gave the company an “overweight” rating in a research report on Thursday, February 26th. Finally, Wall Street Zen upgraded shares of Applied Industrial Technologies from a “hold” rating to a “buy” rating in a research note on Saturday, April 11th. Five equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $295.00.
View Our Latest Analysis on Applied Industrial Technologies
Insider Buying and Selling at Applied Industrial Technologies In related news, VP Jason W. Vasquez sold 5,447 shares of Applied Industrial Technologies stock in a transaction on Thursday, February 5th. The shares were sold at an average price of $287.87, for a total value of $1,568,027.89. Following the completion of the sale, the vice president owned 14,491 shares of the company’s stock, valued at approximately $4,171,524.17. This trade represents a 27.32% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, VP Warren E. Hoffner III sold 4,000 shares of the stock in a transaction that occurred on Thursday, February 5th. The stock was sold at an average price of $288.62, for a total value of $1,154,480.00. Following the completion of the sale, the vice president directly owned 52,751 shares of the company’s stock, valued at approximately $15,224,993.62. This trade represents a 7.05% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last quarter, insiders sold 28,654 shares of company stock valued at $8,212,829. Company insiders own 1.60% of the company’s stock.
About Applied Industrial Technologies (Free Report)
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.
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Net Sales of $1.3 Billion Up 7.3% YoY; Up 6.0% on an Organic BasisNet Income of $99.8 Million; EPS of $2.65 Up 3.1% YoYOperating Income of $137.9 Million; EBITDA of $153.9 Million Up 6.2% YoYOperating Cash Flow of $100.1 Million; Free Cash Flow of $95.4 MillionAdjusting FY26 Guidance; EPS Now $10.64 to 10.75 on Sales of +7.2% to +7.7%Announcing New 3.0 Million Share Repurchase Authorization CLEVELAND--(BUSINESS WIRE)--Applied Industrial Technologies (NYSE: AIT), a leading value-added distributor and technical solutions provider of industrial motion, fluid power, flow control, automation technologies, and related maintenance supplies, today reported results for its fiscal 2026 third quarter ended March 31, 2026.
Net sales for the quarter of $1.3 billion increased 7.3% over the prior year. The change includes a 0.5% increase from acquisitions and a positive 0.8% impact from foreign currency translation. Excluding these factors, sales increased 6.0% on an organic basis reflecting a 4.2% increase in the Service Center segment and a 9.3% increase in the Engineered Solutions segment. The Company reported net income of $99.8 million, or $2.65 per share, and EBITDA of $153.9 million. Results include $1.7 million ($0.05 per share) of non-routine discrete tax expense related to prior-year tax provision adjustments. In addition, on a pre-tax basis, results include $5.6 million ($0.11 after tax per share) of LIFO expense compared to $2.2 million ($0.04 after tax per share) of LIFO expense in the prior-year period.
Neil A. Schrimsher, Applied’s President & Chief Executive Officer, commented, “We delivered a solid third quarter underscored by strengthening organic sales growth across both segments. Growth was led by our Engineered Solutions segment where ongoing positive order trends, improving demand across legacy and emerging industry verticals, and our deep application and engineering expertise is accelerating sales momentum. This is an encouraging sign that highlights our differentiated position, as well as distinct growth tailwinds emerging across the segment. In addition, Service Center segment demand is building nicely. Benefits from our sales initiatives and One Applied value proposition are reading through as we support our customers’ heightened technical MRO requirements within an increasingly positive U.S. industrial backdrop. Combined with steady underlying gross margin performance, we reported record quarterly EBITDA at the high end of our expectations. Overall, these are strong results that further demonstrate our favorable industry position and the Applied team’s consistent execution.”
Mr. Schrimsher added, “I am encouraged by our performance year to date and the company-specific opportunities that continue to develop. Organic sales month to date in April are trending up by a high single-digit percent year over year, while orders and business funnel activity remain favorable. We are mindful of recent geopolitical developments and ongoing trade policy uncertainty, which we have incorporated into our fourth quarter outlook. That said, the demand backdrop across our North American centric operations is showing favorable signs with U.S. industrial macro indicators now in more positive territory, break-fix activity firming, and customers’ capital spending gradually improving. Combined with our balance sheet capacity, we are in a solid position moving forward.”
Updated Fiscal 2026 Guidance
Guidance for our fiscal 2026 year ending June 30, 2026 is updated as follows:
EPS: $10.64 to $10.75 (prior $10.45 to $10.75) Total sales growth: 7.2% to 7.7% (prior 5.5% to 7.0%) Organic sales growth: 3.8% to 4.2% (prior 2.5% to 4.0%) EBITDA margin: 12.3% to 12.4% (prior 12.2% to 12.4%) Updated guidance assumes the following for our fiscal fourth quarter ending June 30, 2026:
EPS: $2.85 to $2.96 Total sales growth: 4.5% to 6.0% Organic sales growth: 4.0% to 5.5% year over year EBITDA margin: 12.6% to 12.8% Guidance incorporates macro uncertainty tied to recent geopolitical events and ongoing trade policy dynamics, as well as broader inflationary headwinds and growth investments. Guidance does not assume contribution from future acquisitions or share buybacks.
Share Repurchase Authorization
Today, the Company announced that its Board of Directors authorized a new share buyback program to repurchase up to 3.0 million shares of the Company’s common stock. The updated plan replaces the prior share repurchase plan. Shares may be purchased in open market and negotiated transactions.
Dividend
The Company also announced that its Board of Directors declared a quarterly cash dividend of $0.51 per common share, payable on May 29, 2026, to shareholders of record on May 15, 2026.
Conference Call Information
The Company will host a conference call at 10 a.m. ET today to discuss the quarter’s results and outlook. A live audio webcast and supplemental presentation can be accessed on our Investor Relations site at https://ir.applied.com. To join by telephone, dial 833-461-5787 (toll free) or 585-542-9983 using conference ID 381460398. Replays of the call will be available via webcast, as well as by telephone for one week by dialing 833-461-5787 (toll free) using conference ID 381460398.
About Applied®
Applied Industrial Technologies is a leading value-added distributor and technical solutions provider of industrial motion, fluid power, flow control, automation technologies, and related maintenance supplies. Our leading brands, specialized services, and comprehensive knowledge serve MRO (maintenance, repair, and operations) and OEM (original equipment manufacturing), and new system install applications in virtually all industrial markets through our multi-channel capabilities that provide choice, convenience, and expertise. For more information, visit www.applied.com.
This press release contains statements that are forward-looking, as that term is defined by the Securities and Exchange Commission in its rules, regulations and releases. Applied intends that such forward-looking statements be subject to the safe harbors created thereby. Forward-looking statements are often identified by qualifiers such as “assume,” “expectation,” “guidance,” and derivative or similar expressions. All forward-looking statements are based on current expectations regarding important risk factors including trends and events in the industrial sector of the economy (such as the inflationary environment and supply chain strains), results of operations, and financial condition, and other risk factors identified in Applied's most recent periodic report and other filings made with the Securities and Exchange Commission. Accordingly, actual results may differ materially from those expressed in the forward-looking statements, and the making of such statements should not be regarded as a representation by Applied or any other person that the results expressed therein will be achieved. Applied assumes no obligation to update publicly or revise any forward-looking statements, whether due to new information, or events, or otherwise.
APPLIED INDUSTRIAL TECHNOLOGIES INC. AND SUBSIDIARIES CONDENSED STATEMENTS OF CONSOLIDATED INCOME (Unaudited) (In thousands, except per share data) Three Months Ended
March 31,
Nine Months Ended
March 31,
2026
2025
2026
2025
Net sales $
1,251,453
$
1,166,749
$
3,613,999
$
3,338,694
Cost of sales 870,649
811,459
2,518,432
2,330,272
Gross profit 380,804
355,290
1,095,567
1,008,422
Selling, distribution and administrative expense, including depreciation 242,879
225,888
705,403
644,978
Operating income 137,925
129,402
390,164
363,444
Interest expense (income), net 2,447
853
4,382
(710
)
Other expense (income), net 350
1,267
(703
)
(1,769
)
Income before income taxes 135,128
127,282
386,485
365,923
Income tax expense 35,359
27,483
90,560
80,771
Net income $
99,769
$
99,799
$
295,925
$
285,152
Net income per share - basic $
2.68
$
2.60
$
7.89
$
7.43
Net income per share - diluted $
2.65
$
2.57
$
7.79
$
7.33
Average shares outstanding - basic 37,223
38,322
37,527
38,383
Average shares outstanding - diluted 37,684
38,847
38,002
38,920
APPLIED INDUSTRIAL TECHNOLOGIES, INC. AND SUBSIDIARIES CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) (In thousands) March 31,
2026 June 30,
2025 Assets Cash and cash equivalents $
171,576
$
388,417
Accounts receivable, net 792,849
769,699
Inventories 526,324
505,337
Other current assets 90,457
84,020
Total current assets 1,581,206
1,747,473
Property, net 128,037
128,154
Operating lease assets, net 181,830
188,654
Identifiable intangibles, net 322,689
348,600
Goodwill 704,998
699,374
Other assets 69,951
63,289
Total Assets $
2,988,711
$
3,175,544
Liabilities Accounts payable $
303,057
$
280,124
Current portion of long-term debt 18,000
—
Other accrued liabilities 215,565
246,027
Total current liabilities 536,622
526,151
Long-term debt 347,300
572,300
Other liabilities 244,746
232,573
Total Liabilities 1,128,668
1,331,024
Shareholders' Equity 1,860,043
1,844,520
Total Liabilities and Shareholders' Equity $
2,988,711
$
3,175,544
NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS 1) Inventories are valued at average cost, using the last-in, first-out (LIFO) method for U.S. inventories. An actual valuation of inventory under the LIFO method can be made only at the end of each year based on the inventory levels and costs at that time. Accordingly, interim LIFO calculations are based on management’s estimates of expected year-end inventory levels and costs and are subject to the final year-end LIFO inventory determination. APPLIED INDUSTRIAL TECHNOLOGIES, INC. AND SUBSIDIARIES CONDENSED STATEMENTS OF CONSOLIDATED CASH FLOWS (Unaudited) (In thousands) Nine Months Ended
March 31,
2026
2025
Cash Flows from Operating Activities Net Income $
295,925
$
285,152
Adjustments to reconcile net income to net cash provided by operating activities: Depreciation and amortization of property 19,472
18,433
Amortization of intangibles 30,213
25,385
Provision for losses on accounts receivable 1,095
2,652
Amortization of stock appreciation rights 4,174
3,570
Other share-based compensation expense 5,414
5,824
Changes in operating assets and liabilities, net of acquisitions (55,310
)
5,371
Other, net 18,103
(1,050
)
Net Cash provided by Operating Activities 319,086
345,337
Cash Flows from Investing Activities Net cash paid for acquisitions, net of cash acquired (11,425
)
(273,312
)
Capital expenditures (18,312
)
(18,295
)
Proceeds from property sales 986
1,022
Net Cash used in Investing Activities (28,751
)
(290,585
)
Cash Flows from Financing Activities Net payments under revolving credit facility (207,000
)
—
Long-term debt repayments —
(25,106
)
Interest rate swap settlement receipts 5,765
9,435
Purchases of treasury shares (236,379
)
(79,794
)
Dividends paid (53,727
)
(46,159
)
Payment of debt issuance costs (1,611
)
—
Acquisition holdback payments (1,393
)
(1,210
)
Taxes paid for shares withheld (12,812
)
(14,332
)
Net Cash used in Financing Activities (507,157
)
(157,166
)
Effect of Exchange Rate Changes on Cash (19
)
(5,361
)
Decrease in Cash and Cash Equivalents (216,841
)
(107,775
)
Cash and Cash Equivalents at Beginning of Period 388,417
460,617
Cash and Cash Equivalents at End of Period $
171,576
$
352,842
Reconciliation of Net Income, a GAAP financial measure, to EBITDA, a non-GAAP financial measure: Three Months Ended
Nine Months Ended
March 31,
March 31,
2026
2025
2026
2025
Net Income $
99,769
$
99,799
$
295,925
$
285,152
Interest expense (income), net 2,447
853
4,382
(710
)
Income tax expense 35,359
27,483
90,560
80,771
Depreciation and amortization of property 6,396
6,583
19,472
18,433
Amortization of intangibles 9,884
10,218
30,213
25,385
EBITDA $
153,855
$
144,936
$
440,552
$
409,031
The Company defines EBITDA as Earnings from operations before Interest, Taxes, Depreciation, and Amortization. EBITDA is a non-GAAP financial measure which excludes items that may not be indicative of core operating results. Reconciliation of Net Cash provided by Operating activities, a GAAP financial measure, to Free Cash Flow, a non-GAAP financial measure: Three Months Ended
Nine Months Ended
March 31,
March 31,
2026
2025
2026
2025
Net Cash provided by Operating Activities $
100,110
$
122,453
$
319,086
$
345,337
Capital expenditures (4,734
)
(7,549
)
(18,312
)
(18,295
)
Free Cash Flow $
95,376
$
114,904
$
300,774
$
327,042
Free cash flow is a non-GAAP financial measure and is defined as net cash provided by operating activities less capital expenditures. More News From Applied Industrial Technologies, Inc.
Applied Industrial Technologies (AIT - Free Report) came out with quarterly earnings of $2.65 per share, beating the Zacks Consensus Estimate of $2.63 per share. This compares to earnings of $2.57 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of +0.84%. A quarter ago, it was expected that this industrial products company would post earnings of $2.48 per share when it actually produced earnings of $2.51, delivering a surprise of +1.21%.
Over the last four quarters, the company has surpassed consensus EPS estimates four times.
Applied Industrial Technologies, which belongs to the Zacks Manufacturing - General Industrial industry, posted revenues of $1.25 billion for the quarter ended March 2026, surpassing the Zacks Consensus Estimate by 2.23%. This compares to year-ago revenues of $1.17 billion. The company has topped consensus revenue estimates three times over the last four quarters.
The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.
Applied Industrial Technologies shares have added about 16.1% since the beginning of the year versus the S&P 500's gain of 4.8%.
What's Next for Applied Industrial Technologies?While Applied Industrial Technologies has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?
There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.
Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.
Ahead of this earnings release, the estimate revisions trend for Applied Industrial Technologies was unfavorable. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #4 (Sell) for the stock. So, the shares are expected to underperform the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.
It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $2.85 on $1.27 billion in revenues for the coming quarter and $10.65 on $4.87 billion in revenues for the current fiscal year.
Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Manufacturing - General Industrial is currently in the bottom 40% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.
Another stock from the same industry, Generac Holdings (GNRC - Free Report) , has yet to report results for the quarter ended March 2026. The results are expected to be released on April 29.
This generator maker is expected to post quarterly earnings of $1.33 per share in its upcoming report, which represents a year-over-year change of +5.6%. The consensus EPS estimate for the quarter has been revised 1.4% higher over the last 30 days to the current level.
Generac Holdings' revenues are expected to be $1.04 billion, up 10.8% from the year-ago quarter.
For the quarter ended March 2026, Applied Industrial Technologies (AIT - Free Report) reported revenue of $1.25 billion, up 7.3% over the same period last year. EPS came in at $2.65, compared to $2.57 in the year-ago quarter.
The reported revenue represents a surprise of +2.23% over the Zacks Consensus Estimate of $1.22 billion. With the consensus EPS estimate being $2.63, the EPS surprise was +0.84%.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how Applied Industrial Technologies performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Net Sales- Engineered Solutions: $446.52 million versus the three-analyst average estimate of $432.06 million. The reported number represents a year-over-year change of +10.2%.Net Sales- Service Center Based Distribution: $804.94 million versus the three-analyst average estimate of $792.44 million. The reported number represents a year-over-year change of +5.7%.Operating income- Engineered Solutions: $51.64 million versus $51.52 million estimated by three analysts on average.Operating income- Service Center Based Distribution: $109.41 million compared to the $104.11 million average estimate based on three analysts.View all Key Company Metrics for Applied Industrial Technologies here>>>
Shares of Applied Industrial Technologies have returned +13.5% over the past month versus the Zacks S&P 500 composite's +12.2% change. The stock currently has a Zacks Rank #4 (Sell), indicating that it could underperform the broader market in the near term.
Key Takeaways Applied Industrial Q3 EPS beat estimates, rising 3.1%, with sales up 7.3% year over year.AIT saw strong growth in Engineered Solutions, driven by fluid power and automation demand.Company raised FY2026 sales and earnings outlook, signaling continued momentum. Applied Industrial Technologies, Inc. (AIT - Free Report) reported third-quarter fiscal 2026 (ended March 31, 2026) earnings of $2.65 per share, which surpassed the Zacks Consensus Estimate of $2.63. The bottom line increased 3.1% year over year.
Net sales of $1.25 billion beat the consensus estimate of $1.22 billion. Also, the top line increased 7.3% year over year. Acquisitions boosted the top line by 0.5% while foreign-currency translation had a favorable impact of 0.8%. Organic sales increased 6% year over year.
Segmental DiscussionThe Service Center-Based Distribution segment’s sales, which contributed 64.3% to net sales, totaled $804.9 million. On a year-over-year basis, the segment’s sales increased 5.7%.
While organic sales increased 4.2%, foreign currency translation positively impacted sales by 1.3%. Segmental sales were aided by ongoing internal initiatives and higher technical MRO activities.
The Engineered Solutions segment’s sales (formerly the Fluid Power & Flow Control segment), which contributed 35.7% to net sales, totaled $446.5 million. On a year-over-year basis, the segment’s sales increased 10.2%.
Acquisitions boosted the top line by 0.9%. Organic sales increased 9.3% owing to strong volume across fluid power and automation businesses, and healthy growth across the flow control unit.
AIT’s Margin ProfileIn the quarter, Applied Industrial’s cost of sales was up 7.3% year over year to $870.6 million. Gross profit was $380.8 million, up 7.2% from the year-ago quarter.
The gross margin inched down to 30.4% from 30.5% in the year-ago quarter. Selling, distribution and administrative expenses (including depreciation) increased 7.5% year over year to $242.9 million. EBITDA was $153.9 million, reflecting an increase of 6.2%.
AIT’s Balance Sheet & Cash FlowExiting third-quarter fiscal 2026, Applied Industrial had cash and cash equivalents of $171.6 million compared with $388.4 million at the end of fiscal 2025. Long-term debt was $347.3 million compared with $572.3 million at the end of the prior fiscal year.
In the first nine months, it generated net cash of $319.1 million from operating activities, indicating a decrease of 7.5% from the year-ago quarter. Capital expenditures totaled $18.3 million, roughly stable year over year. Free cash flow decreased 8% year over year to $300.8 million.
In the first nine months, AIT rewarded its shareholders with dividends of $53.7 million, up 16.2% year over year.
Dividend UpdateApplied Industrial’s board approved a quarterly cash dividend of 51 cents per share, payable to shareholders on May 29, 2026, of record as of May 15, 2026.
Applied Industrial’s GuidanceFor fiscal 2026 (ending June 2026), Applied Industrial anticipates adjusted earnings to be in the range of $10.64-$10.75 per share compared with $10.45-$10.75 predicted earlier.
The company currently anticipates sales to increase in the range of 7.2-7.7%, higher than 5.5-7.0% predicted earlier. Organic sales are expected to increase 3.8-4.2% year over year compared with 2.5-4.0% estimated previously. AIT expects the EBITDA margin to be in the range of 12.3-12.4%.
Zacks Rank and Stocks to ConsiderThe company currently carries a Zacks Rank #4 (Sell). Some better-ranked stocks are discussed below:
DXP Enterprises (DXPE - Free Report) presently sports a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
DXP Enterprises’ earnings surpassed the consensus estimate by 52.8% in the last reported quarter. In the past 60 days, the Zacks Consensus Estimate for DXPE’s 2026 earnings has increased by 17.2%.
Nordson Corporation (NDSN - Free Report) currently carries a Zacks Rank #2 (Buy). Nordson’s earnings topped the consensus estimate in each of the trailing four quarters. The average earnings surprise was 2.5%. In the past 60 days, the Zacks Consensus Estimate for Nordson’s fiscal 2026 earnings has increased 0.5%.
RBC Bearings (RBC - Free Report) presently carries a Zacks Rank of 2. RBC Bearings’ earnings surpassed the consensus estimate in each of the trailing four quarters. The average earnings surprise was 5.3%. In the past 60 days, the Zacks Consensus Estimate for RBC Bearings’ fiscal 2026 earnings has inched down 0.3%.
Have you assessed how the international operations of Applied Industrial Technologies (AIT - Free Report) performed in the quarter ended March 2026? For this industrial products company, possessing an expansive global footprint, parsing the trends of international revenues could be critical to gauge its financial resilience and growth prospects.
In the current global economy, which is more interconnected than ever, a company's success in penetrating international markets is crucial for its financial health and growth journey. Investors must understand a company's dependence on overseas markets, as this offers a window into the company's earnings stability, its ability to benefit from varied economic cycles and its potential for long-term growth.
Presence in international markets can act as a hedge against domestic economic downturns and provide access to faster-growing economies. However, this diversification also brings complexities due to currency fluctuations, geopolitical risks and differing market dynamics.
While analyzing AIT's performance for the last quarter, we found some intriguing trends in revenues from its overseas segments that Wall Street analysts commonly model and monitor.
The company's total revenue for the quarter stood at $1.25 billion, increasing 7.3% year over year. Now, let's delve into AIT's international revenue breakdown to gain insights into the significance of its operations beyond home turf.
A Look into AIT's International Revenue StreamsDuring the quarter, Canada contributed $70.78 million in revenue, making up 5.7% of the total revenue. When compared to the consensus estimate of $76.26 million, this meant a surprise of -7.18%. Looking back, Canada contributed $74.53 million, or 6.4%, in the previous quarter, and $71.56 million, or 6.1%, in the same quarter of the previous year.
Other International generated $73.55 million in revenues for the company in the last quarter, constituting 5.9% of the total. This represented a surprise of +9.41% compared to the $67.22 million projected by Wall Street analysts. Comparatively, in the previous quarter, Other International accounted for $64.45 million (5.5%), and in the year-ago quarter, it contributed $62.91 million (5.4%) to the total revenue.
Revenue Projections for Overseas MarketsWall Street analysts expect Applied Industrial Technologies to report a total revenue of $1.29 billion in the current fiscal quarter, which suggests an increase of 5.5% from the prior-year quarter. Revenue shares from Canada and Other International are predicted to be 6.2%, and 5.4%, corresponding to amounts of $79.41 million, and $70.04 million, respectively.
For the full year, the company is projected to achieve a total revenue of $4.89 billion, which signifies a rise of 7.1% from the last year. The share of this revenue from various regions is expected to be: Canada at 6.3% ($305.49 million), and Other International at 5.5% ($269.38 million).
In ConclusionApplied Industrial Technologies' reliance on international markets for revenues offers both opportunities and risks. Hence, keeping an eye on its international revenue trends could significantly help forecast the company's prospects.
In an era of growing international ties and escalating geopolitical disputes, financial analysts on Wall Street pay keen attention to these developments to fine-tune their earnings estimations for businesses operating across borders. It's important to note, however, that a range of additional variables, like a company's local market status, also play a crucial role in shaping these forecasts.
We at Zacks strongly focus on the dynamic earnings forecast of companies, given that empirical studies have demonstrated its potent impact on the immediate price movement of stocks. Invariably, there's a positive relationship -- upward earnings predictions often result in an increase in stock prices.
The Zacks Rank, our proprietary stock rating mechanism, demonstrates a notable performance history confirmed through external audits. It effectively utilizes the power of earnings estimate revisions to act as a predictor of a stock's price performance in the near term.
Applied Industrial Technologies, bearing a Zacks Rank #3 (Hold), is expected to mirror the broader market's movements in the near term. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .
A Look at Applied Industrial Technologies' Recent Stock Price PerformanceOver the past month, the stock has seen an increase of 13.4% in its value, whereas the Zacks S&P 500 composite has posted an increase of 10%. The Zacks Industrial Products sector, Applied Industrial Technologies' industry group, has ascended 7.5% over the identical span. In the past three months, there's been an increase of 3.9% in the company's stock price, against a rise of 4.4% in the S&P 500 index. The broader sector has increased by 7.2% during this interval.
AIT Consulting Services honored by OneStream for innovative AI application in finance and operations
BOSTON--(BUSINESS WIRE)--WilliamsMarston, a national leader in complex accounting, tax, technology, transaction, and valuation advisory services, is proud to recognize AIT Consulting Services (“AIT”) for receiving the 2026 AI Excellence Award from OneStream, which honors partners delivering measurable business impact through AI-powered finance solutions.
AIT, a WilliamsMarston company and a Diamond OneStream implementation partner, was recognized for its role in helping MB2 Dental—a fast-growing, private equity-backed healthcare services organization—implement AI-driven performance insights across its organization.
The project leveraged OneStream SensibleAI Studio to enable automated benchmarking, anomaly detection, and AI performance analysis within finance and operational workflows. Completed through an initial pilot and full deployment over approximately eight weeks, it established a scalable foundation for future predictive analytics and more proactive decision-making.
“We’re incredibly proud of our team and the close collaboration we’ve built with OneStream,” said Ben Novak, Partner and OneStream Co-Practice Leader. “Receiving the AI Excellence Award reinforces our shared vision of empowering finance leaders with intelligent, data-driven tools that transform how they plan, report, and operate.”
AIT is part of the Firm’s broader technology practice, which advises clients on finance transformation, enterprise performance management, AI enablement, and reporting modernization to help their organizations scale more effectively and strategically.
“We’re seeing more organizations move from talking about AI to finding practical ways to apply it across the business,” said Sanjay Ramaswamy, CEO of WilliamsMarston. “AIT’s work with MB2 Dental is just one strong example of how the right combination of technology and industry expertise can help teams work more efficiently, surface stronger insights, and make better decisions.”
To learn more about WilliamsMarston’s OneStream Practice, visit williamsmarston.com/onestream-practice/
About WilliamsMarston
WilliamsMarston is a national accounting, tax, technology, transaction, and valuation advisory firm serving pre-IPO, public, and private equity-backed companies managing rapid growth and transformation. With 300 professionals, the firm combines deep technical expertise with practical experience—including leadership from the Big Four—to help clients navigate their most complex and high-stakes challenges.
For more information, please visit https://williamsmarston.com/ and follow WilliamsMarston on LinkedIn.
