Applied Industrial Technologies (NYSE:AIT – Get Free Report) will likely be issuing its Q4 2026 results before the market opens on Thursday, August 13th. Analysts expect Applied Industrial Technologies to post earnings of $2.92 per share and revenue of $1.2925 billion for the quarter. Interested persons may visit the the company’s upcoming Q4 2026 earning report page for the latest details on the call scheduled for Thursday, August 13, 2026 at 10:00 AM ET.
Applied Industrial Technologies Price Performance
NYSE AIT opened at $358.43 on Tuesday. The company has a debt-to-equity ratio of 0.19, a quick ratio of 1.97 and a current ratio of 2.95. The stock has a market cap of $13.25 billion, a price-to-earnings ratio of 33.85, a PEG ratio of 3.10 and a beta of 0.84. The business has a 50 day simple moving average of $333.54 and a 200 day simple moving average of $301.38. Applied Industrial Technologies has a 52-week low of $238.34 and a 52-week high of $362.93.
Applied Industrial Technologies Dividend Announcement
The business also recently declared a quarterly dividend, which will be paid on Monday, August 31st. Stockholders of record on Friday, August 14th will be issued a $0.51 dividend. This represents a $2.04 annualized dividend and a dividend yield of 0.6%. The ex-dividend date is Friday, August 14th. Applied Industrial Technologies’s dividend payout ratio is 19.26%.
Insider Buying and Selling
Hedge Funds Weigh In On Applied Industrial Technologies
Large investors have recently modified their holdings of the business. Brooklyn Investment Group bought a new stake in Applied Industrial Technologies in the fourth quarter valued at approximately $205,000. CIBC Private Wealth Group LLC boosted its stake in shares of Applied Industrial Technologies by 17.5% during the 4th quarter. CIBC Private Wealth Group LLC now owns 410 shares of the industrial products company’s stock worth $105,000 after acquiring an additional 61 shares during the period. Danske Bank A S acquired a new position in shares of Applied Industrial Technologies during the 3rd quarter worth approximately $78,000. Quarry LP raised its stake in Applied Industrial Technologies by 79.2% in the 3rd quarter. Quarry LP now owns 464 shares of the industrial products company’s stock valued at $121,000 after acquiring an additional 205 shares during the period. Finally, Northwestern Mutual Wealth Management Co. raised its stake in Applied Industrial Technologies by 7.4% in the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 653 shares of the industrial products company’s stock valued at $170,000 after acquiring an additional 45 shares during the period. 93.52% of the stock is currently owned by institutional investors and hedge funds.
Wall Street Analyst Weigh In
A number of equities research analysts recently commented on AIT shares. DA Davidson started coverage on shares of Applied Industrial Technologies in a report on Tuesday, June 16th. They set a “buy” rating and a $380.00 price objective on the stock. Oppenheimer lifted their price target on Applied Industrial Technologies from $300.00 to $350.00 and gave the company an “outperform” rating in a research note on Wednesday, April 29th. Weiss Ratings restated a “buy (b)” rating on shares of Applied Industrial Technologies in a report on Tuesday, July 21st. Wall Street Zen cut Applied Industrial Technologies from a “buy” rating to a “hold” rating in a research report on Saturday, May 2nd. Finally, Mizuho increased their price objective on Applied Industrial Technologies from $330.00 to $355.00 and gave the stock an “outperform” rating in a report on Tuesday, July 21st. Seven 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 company presently has an average rating of “Moderate Buy” and an average target price of $336.71.
Get Our Latest Analysis on Applied Industrial Technologies
About Applied Industrial Technologies
Applied Industrial Technologies, listed on the New York Stock Exchange under the symbol AIT, is a leading distributor of industrial products and services. The company offers a comprehensive range of bearings, power transmission components, fluid power products, industrial rubber products, and automation solutions. Through its network of distribution centers and branch locations, Applied Industrial Technologies serves diverse end markets including manufacturing, oil and gas, mining, food and beverage, and wastewater treatment.
Founded in 1923 and headquartered in Cleveland, Ohio, Applied Industrial Technologies has grown through a combination of organic expansion and strategic acquisitions.
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