1 week Ago By ABMN Staff
Applied Industrial Technologies, Inc. ( NYSE:AIT – Free Report ) – Zacks Research lowered their Q1 2025 earnings per share estimates for Applied Industrial Technologies in a research report issued on Thursday, September 5th. Zacks Research analyst S.
Roy now forecasts that the industrial products company will post earnings of $2.34 per share for the quarter, down from their previous estimate of $2.35.
The consensus estimate for Applied Industrial Technologies’ current full-year earnings is $9.65 per share. Zacks Research also issued estimates for Applied Industrial Technologies’ Q2 2025 earnings at $2.
34 EPS, Q3 2025 earnings at $2.69 EPS, Q4 2025 earnings at $2.83 EPS, FY2025 earnings at $10.
19 EPS, Q1 2026 earnings at $2.51 EPS, Q2 2026 earnings at $2.62 EPS, Q3 2026 earnings at $2.
88 EPS, Q4 2026 earnings at $2.99 EPS and FY2026 earnings at $11.01 EPS.
Applied Industrial Technologies ( NYSE:AIT – Get Free Report ) last announced its quarterly earnings data on Thursday, August 15th. The industrial products company reported $2.64 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.
52 by $0.12. The firm had revenue of $1.
16 billion during the quarter, compared to analysts’ expectations of $1.19 billion. Applied Industrial Technologies had a net margin of 8.
61% and a return on equity of 23.55%. The company’s revenue for the quarter was up .
2% compared to the same quarter last year. During the same period in the prior year, the company posted $2.35 earnings per share.
Get Our Latest Analysis on AIT Applied Industrial Technologies Price Performance Shares of Applied Industrial Technologies stock opened at $193.61 on Monday. The stock’s 50-day simple moving average is $200.
57 and its 200-day simple moving average is $194.09. The company has a quick ratio of 2.
56, a current ratio of 3.53 and a debt-to-equity ratio of 0.34.
Applied Industrial Technologies has a 52 week low of $149.59 and a 52 week high of $223.15.
The company has a market capitalization of $7.47 billion, a price-to-earnings ratio of 20.29, a PEG ratio of 2.
13 and a beta of 1.03. Applied Industrial Technologies Dividend Announcement The firm also recently declared a quarterly dividend, which was paid on Friday, August 30th.
Stockholders of record on Thursday, August 15th were issued a $0.37 dividend. The ex-dividend date was Thursday, August 15th.
This represents a $1.48 annualized dividend and a dividend yield of 0.76%.
Applied Industrial Technologies’s payout ratio is 15.51%. Insider Buying and Selling In related news, VP Kurt W.
Loring sold 3,366 shares of the firm’s stock in a transaction dated Friday, August 23rd. The shares were sold at an average price of $209.02, for a total value of $703,561.
32. Following the transaction, the vice president now owns 19,315 shares of the company’s stock, valued at approximately $4,037,221.30.
The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link . In related news, VP Kurt W. Loring sold 3,366 shares of the stock in a transaction that occurred on Friday, August 23rd.
The stock was sold at an average price of $209.02, for a total value of $703,561.32.
Following the transaction, the vice president now owns 19,315 shares of the company’s stock, valued at $4,037,221.30. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website .
Also, CEO Neil A. Schrimsher sold 3,703 shares of the company’s stock in a transaction on Monday, August 19th. The stock was sold at an average price of $202.
24, for a total value of $748,894.72. Following the completion of the sale, the chief executive officer now owns 205,708 shares of the company’s stock, valued at $41,602,385.
92. The disclosure for this sale can be found here . In the last three months, insiders sold 11,927 shares of company stock valued at $2,439,116.
Insiders own 2.20% of the company’s stock. Hedge Funds Weigh In On Applied Industrial Technologies Hedge funds and other institutional investors have recently modified their holdings of the business.
EntryPoint Capital LLC bought a new position in Applied Industrial Technologies in the first quarter worth about $25,000. Headlands Technologies LLC purchased a new stake in shares of Applied Industrial Technologies during the 2nd quarter valued at $26,000. ICA Group Wealth Management LLC acquired a new stake in shares of Applied Industrial Technologies in the 4th quarter worth $26,000.
Opal Wealth Advisors LLC purchased a new position in Applied Industrial Technologies during the 2nd quarter worth $32,000. Finally, Quarry LP acquired a new position in Applied Industrial Technologies during the 2nd quarter valued at about $39,000. 93.
52% of the stock is currently owned by institutional investors. 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. Recommended Stories Receive News & Ratings for Applied Industrial Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Applied Industrial Technologies and related companies with MarketBeat.com's FREE daily email newsletter .
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