Applied Industrial Technologies (AIT) Projected to Post Earnings on Tuesday

Applied Industrial Technologies (NYSE:AIT) will likely be releasing its Q1 2027 results before the market opens on Tuesday, October 27th. Analysts expect the company to post 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. Individuals are encouraged to explore the company’s upcoming Q1 2027 earnings summary 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 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. The firm had revenue of $1.35 billion during the quarter, compared to analyst estimates of $1.29 billion. Applied Industrial Technologies had a return on equity of 22.17% and a net margin of 8.35%. The business’s revenue was up 10.5% compared to the same quarter last year. During the same quarter in the prior year, the company earned $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 Trading Down 0.2%

AIT opened at $316.34 on Monday. The stock has a market cap of $11.62 billion, a PE ratio of 28.86, a PEG ratio of 2.54 and a beta of 0.85. 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 business has a 50 day moving average of $331.41 and a 200-day moving average of $324.58. Applied Industrial Technologies has a 52 week low of $238.72 and a 52 week high of $374.80.

Analyst Upgrades and Downgrades

Several equities research analysts recently weighed in on the company. Oppenheimer upped their price target on Applied Industrial Technologies from $350.00 to $390.00 and gave the stock an “outperform” rating in a research note on Friday, August 14th. Wall Street Zen raised Applied Industrial Technologies from a “hold” rating to a “buy” rating in a research report on Sunday, October 11th. DA Davidson raised their price objective on Applied Industrial Technologies from $380.00 to $400.00 and gave the company a “buy” rating in a research report on Friday, August 14th. KeyCorp boosted their target price on shares of Applied Industrial Technologies from $375.00 to $420.00 and gave the company an “overweight” rating in a report on Friday, August 14th. Finally, Robert W. Baird upped their target price on shares of Applied Industrial Technologies from $317.00 to $400.00 and gave the stock an “outperform” rating in a research report on Friday, August 14th. Seven equities research analysts have rated the stock with a Buy rating. According to MarketBeat.com, the company currently has an average rating of “Buy” and an average target price of $398.33.

Insider Buying and Selling

In other Applied Industrial Technologies news, Director Peter Wallace sold 1,904 shares of the firm’s stock in a transaction that occurred on Wednesday, August 26th. The shares were sold at an average price of $340.45, for a total transaction of $648,216.80. Following the completion of the transaction, the director owned 22,859 shares of the company’s stock, valued at approximately $7,782,346.55. This trade represents a 7.69% 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, CFO David Wells sold 1,812 shares of Applied Industrial Technologies 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 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 disclosure for this sale is available in the SEC filing. 1.60% of the stock is currently owned by company insiders.

About Applied Industrial Technologies

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.