Applied Industrial Technologies (AIT) Expected to Release Quarterly Earnings on Tuesday

Applied Industrial Technologies (NYSE:AIT) is projected to announce its Q1 2027 results before the market opens on Tuesday, October 27th. Analysts expect the company to announce earnings of $2.89 per share and revenue of $1.29 billion for the quarter. Applied Industrial Technologies has set its FY 2027 guidance at 11.650-12.150 EPS. Parties are encouraged to explore the company’s upcoming Q1 2027 earnings overview page for the latest details on the call scheduled for Tuesday, October 27, 2026 at 10:00 AM ET.

Applied Industrial Technologies (NYSE:AIT) last announced its quarterly 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. The company had revenue of $1.35 billion for the quarter, compared to analyst estimates of $1.29 billion. Applied Industrial Technologies had a net margin of 8.35% and a return on equity of 22.17%. Applied Industrial Technologies’s quarterly revenue was up 10.5% on a year-over-year basis. During the same quarter in the prior year, the business posted $2.80 EPS. On average, analysts expect Applied Industrial Technologies to post $12.00 EPS for the current fiscal year and $13.18 EPS for the next fiscal year.

Applied Industrial Technologies Stock Down 1.0%

Applied Industrial Technologies stock opened at $316.34 on Friday. The company has a current ratio of 2.58, a quick ratio of 1.75 and a debt-to-equity ratio of 0.14. Applied Industrial Technologies has a 1-year low of $238.72 and a 1-year high of $374.80. The firm’s fifty day simple moving average is $331.41 and its 200-day simple moving average is $324.20. The company has a market capitalization of $11.62 billion, a P/E ratio of 28.86, a P/E/G ratio of 2.54 and a beta of 0.85.

Insider Buying and Selling at Applied Industrial Technologies

In related news, CFO David Wells sold 1,812 shares of the firm’s stock in a transaction on Tuesday, August 18th. The shares were sold at an average price of $355.10, for a total value of $643,441.20. Following the transaction, the chief financial officer directly owned 32,050 shares in the company, valued at approximately $11,380,955. This trade represents a 5.35% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, Director Peter Wallace sold 1,904 shares of the firm’s stock in a transaction dated Wednesday, August 26th. The shares were sold at an average price of $340.45, for a total value of $648,216.80. Following the completion of the sale, the director directly owned 22,859 shares in the company, valued at approximately $7,782,346.55. This represents a 7.69% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 1.60% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

AIT has been the topic of several analyst reports. Oppenheimer increased their target price on shares of Applied Industrial Technologies from $350.00 to $390.00 and gave the stock an “outperform” rating in a research report on Friday, August 14th. Wall Street Zen upgraded Applied Industrial Technologies from a “hold” rating to a “buy” rating in a research note on Sunday, October 11th. Mizuho lowered their price objective on Applied Industrial Technologies from $400.00 to $390.00 and set an “outperform” rating on the stock in a report on Thursday, October 15th. Weiss Ratings lowered Applied Industrial Technologies from a “buy (a-)” rating to a “buy (b)” rating in a report on Friday. Finally, KeyCorp raised their price objective on Applied Industrial Technologies from $375.00 to $420.00 and gave the company an “overweight” rating in a research note on Friday, August 14th. Seven analysts have rated the stock with a Buy rating. Based on data from MarketBeat.com, the stock has an average rating of “Buy” and a consensus target price of $398.33.

Applied Industrial Technologies Company Profile

Applied Industrial Technologies, Inc (NYSE: AIT) is a distributor and value-added service provider of industrial motion, power transmission, fluid power, automation, and control products. Its offerings include bearings, mechanical power-transmission components, motors, gearboxes, hydraulic and pneumatic equipment, industrial hoses, process pumps, safety products, and related maintenance supplies.

The company also provides technical and engineering services designed to help customers improve equipment performance, reliability, and productivity.