Brokerages Set Applied Industrial Technologies, Inc. (NYSE:AIT) PT at $313.67

Posted by Brian Himes on May 23rd, 2026

Shares of Applied Industrial Technologies, Inc. (NYSE:AIT – Get Free Report) have earned a consensus recommendation of “Moderate Buy” from the six brokerages that are currently covering the firm, MarketBeat.com reports. One research analyst has rated the stock with a hold rating and five have issued a buy rating on the company. The average 1 year price objective among brokers that have issued ratings on the stock in the last year is $313.6667.

Several research firms have commented on AIT. Oppenheimer lifted their price objective on shares of Applied Industrial Technologies from $300.00 to $350.00 and gave the stock an “outperform” rating in a research note on Wednesday, April 29th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Applied Industrial Technologies in a research note on Friday, April 24th. KeyCorp lifted their price objective on shares of Applied Industrial Technologies from $300.00 to $330.00 and gave the stock an “overweight” rating in a research note on Thursday, February 26th. Robert W. Baird set a $317.00 price objective on shares of Applied Industrial Technologies in a research note on Wednesday, April 29th. Finally, Wall Street Zen lowered shares of Applied Industrial Technologies from a “buy” rating to a “hold” rating in a research note on Saturday, May 2nd.

Get Our Latest Report on Applied Industrial Technologies

Insider Buying and Selling

In other Applied Industrial Technologies news, VP Warren E. Hoffner III sold 8,000 shares of Applied Industrial Technologies stock in a transaction on Tuesday, May 5th. The shares were sold at an average price of $306.04, for a total transaction of $2,448,320.00. Following the completion of the transaction, the vice president directly owned 40,751 shares of the company’s stock, valued at $12,471,436.04. The trade was a 16.41% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 1.60% of the stock is owned by insiders.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of AIT. Torren Management LLC bought a new stake in shares of Applied Industrial Technologies during the fourth quarter worth $25,000. Smartleaf Asset Management LLC lifted its position in shares of Applied Industrial Technologies by 890.0% during the third quarter. Smartleaf Asset Management LLC now owns 99 shares of the industrial products company’s stock worth $26,000 after purchasing an additional 89 shares during the last quarter. Root Financial Partners LLC bought a new stake in shares of Applied Industrial Technologies during the third quarter worth $27,000. Abich Financial Wealth Management LLC bought a new stake in shares of Applied Industrial Technologies during the third quarter worth $29,000. Finally, Anchor Investment Management LLC bought a new stake in shares of Applied Industrial Technologies during the fourth quarter worth $32,000. 93.52% of the stock is owned by hedge funds and other institutional investors.

Applied Industrial Technologies Trading Up 0.6%

AIT stock opened at $307.39 on Friday. The firm has a fifty day moving average price of $285.68 and a 200 day moving average price of $273.52. Applied Industrial Technologies has a fifty-two week low of $218.48 and a fifty-two week high of $317.10. 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 firm has a market cap of $11.36 billion, a PE ratio of 29.03, a price-to-earnings-growth ratio of 2.91 and a beta of 0.86.

Applied Industrial Technologies (NYSE:AIT – Get Free Report) last posted its earnings results on Tuesday, April 28th. The industrial products company reported $2.65 earnings per share for the quarter, beating analysts’ consensus estimates of $2.63 by $0.02. Applied Industrial Technologies had a net margin of 8.34% and a return on equity of 21.64%. The firm had revenue of $1.25 billion during the quarter, compared to analyst estimates of $1.23 billion. During the same period last year, the firm posted $2.57 earnings per share. Applied Industrial Technologies’s revenue for the quarter was up 7.3% compared to the same quarter last year. Applied Industrial Technologies has set its Q4 2026 guidance at 2.850-2.960 EPS and its FY 2026 guidance at 10.640-10.750 EPS. Sell-side analysts anticipate that Applied Industrial Technologies will post 10.7 earnings per share for the current fiscal year.

Applied Industrial Technologies Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, May 29th. Shareholders of record on Friday, May 15th will be paid a dividend of $0.51 per share. This represents a $2.04 annualized dividend and a yield of 0.7%. The ex-dividend date of this dividend is Friday, May 15th. Applied Industrial Technologies’s payout ratio is presently 19.26%.

Key Stories Impacting Applied Industrial Technologies

Here are the key news stories impacting Applied Industrial Technologies this week:

Positive Sentiment: Zacks Research raised its FY2026 EPS estimate to $10.68 from $10.58, suggesting stronger expected earnings this year. Applied Industrial Technologies stock page
Positive Sentiment: The firm also increased FY2027 EPS to $11.60 from $11.48 and FY2028 EPS to $12.67 from $12.62, reinforcing a bullish longer-term earnings trend. Applied Industrial Technologies stock page
Positive Sentiment: Quarterly estimates for Q1 2027, Q3 2027, and Q3 2028 were all nudged higher, which may support investor confidence in AIT’s operating momentum. Applied Industrial Technologies stock page
Neutral Sentiment: One outlier was a cut to the Q2 2028 EPS estimate to $2.87 from $3.00, but this was offset by increases in several other periods. Applied Industrial Technologies stock page
Neutral Sentiment: Most of the revisions are small, so the stock’s move likely reflects modest analyst optimism rather than a major new catalyst. Applied Industrial Technologies stock page

About Applied Industrial Technologies

(Get Free Report)

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.

Analyst Recommendations for Applied Industrial Technologies (NYSE:AIT)

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