Applied Industrial Technologies (AIT) Projected to Post Quarterly Earnings on Thursday

Applied Industrial Technologies (NYSE:AIT - Get Free Report) will likely be issuing its Q3 2025 quarterly earnings data before the market opens on Thursday, May 1st. Analysts expect the company to announce earnings of $2.40 per share and revenue of $1.17 billion for the quarter. Applied Industrial Technologies has set its FY 2025 guidance at 9.650-10.050 EPS.

Applied Industrial Technologies (NYSE:AIT - Get Free Report) last issued its quarterly earnings results on Wednesday, January 29th. The industrial products company reported $2.39 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $2.21 by $0.18. Applied Industrial Technologies had a net margin of 8.62% and a return on equity of 22.37%. On average, analysts expect Applied Industrial Technologies to post $10 EPS for the current fiscal year and $11 EPS for the next fiscal year.

Applied Industrial Technologies Trading Up 1.9 %

Shares of NYSE AIT traded up $4.60 during midday trading on Tuesday, reaching $242.98. The stock had a trading volume of 535,856 shares, compared to its average volume of 292,458. The company's 50 day moving average price is $229.10 and its 200 day moving average price is $246.13. The firm has a market cap of $9.32 billion, a price-to-earnings ratio of 24.62, a price-to-earnings-growth ratio of 3.14 and a beta of 1.01. The company has a debt-to-equity ratio of 0.32, a quick ratio of 2.55 and a current ratio of 3.76. Applied Industrial Technologies has a twelve month low of $180.35 and a twelve month high of $282.98.

Applied Industrial Technologies Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, February 28th. Stockholders of record on Friday, February 14th were paid a $0.46 dividend. The ex-dividend date of this dividend was Friday, February 14th. This represents a $1.84 annualized dividend and a dividend yield of 0.76%. This is a positive change from Applied Industrial Technologies's previous quarterly dividend of $0.37. Applied Industrial Technologies's payout ratio is currently 18.64%.

Analyst Ratings Changes

Several research firms have recently weighed in on AIT. KeyCorp lowered their price objective on shares of Applied Industrial Technologies from $325.00 to $275.00 and set an "overweight" rating for the company in a research note on Monday, March 17th. StockNews.com lowered shares of Applied Industrial Technologies from a "buy" rating to a "hold" rating in a research note on Thursday, January 23rd. Loop Capital lowered their price objective on shares of Applied Industrial Technologies from $320.00 to $290.00 and set a "buy" rating for the company in a research note on Thursday, April 17th. Robert W. Baird boosted their price target on shares of Applied Industrial Technologies from $250.00 to $275.00 and gave the company an "outperform" rating in a research note on Thursday, January 30th. Finally, Raymond James restated an "outperform" rating and set a $265.00 price target (up previously from $250.00) on shares of Applied Industrial Technologies in a research note on Thursday, January 30th. Two research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company's stock. Based on data from MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus price target of $287.14.

Applied Industrial Technologies Company Profile

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.