Analyst Consensus ?
ConsensusBuy16 ratings
Bullish1062.5%
Neutral637.5%
Bearish00.0%
Applied Industrial Technologies, Inc. · AIT · FY2026 Q1 · Calendar Q4 2025
AIT raises FY2026 EPS outlook after strong first quarter
AIT's first-quarter analysis supports a constructive but conditional view: demand in service centers and engineered solutions, acquisition contribution, and raised EPS guidance strengthen the case for earnings growth, while seasonality, pricing, margin costs, and backlog conversion remain tests of durability.
Reported Before market openNYSEIndustrials
$12.54B market cap
100quality score
Earnings scorecard
Reported versus consensus
Reported EPS
$2.63
Consensus $2.48
EPS surprise
+6.0%
Reported versus consensus
Reported revenue
$1.20B
Consensus $1.19B
Revenue surprise
+1.0%
Reported versus consensus
Market reaction
prior-close to event-session close
Stock move
-0.8%
Event window
SPY move
+0.3%
Same window
Abnormal move
-1.0%
Stock minus SPY
Volume
1.2×
Versus trailing sessions
Subsequent drift
-0.9%
Up to 20 sessions
AITSPY benchmark
Ask FN2 about AIT FY2026 Q1
Transcript, numbers and history already loaded
Why did AIT fall 0.8% after beating EPS estimates in FY2026 Q1?What changed in AIT's guidance and outlook in FY2026 Q1?Give me the bull and bear case for AIT after FY2026 Q1 earnings.
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Transcript intelligence
What changed
Compared with the prior-quarter analysis, management moved from maintained to raised guidance sentiment. The current analysis highlights stronger first-quarter execution, more visible Hydradyne contribution, and emerging data-center and semiconductor-equipment demand, while the sales outlook was maintained.
Guidance delta
Management raised FY2026 EPS guidance while maintaining its sales outlook.
Key takeaways
- Q1 results beat expectations, with EBITDA margin above the high end of guidance.
- Service Center organic sales growth and positive Engineered Solutions orders supported demand.
- Hydradyne is contributing to EBITDA growth and remains on track with synergy goals.
- Data-center thermal management, semiconductor equipment, automation, and electrification are identified demand areas.
- The main offsets are seasonal demand, trade-policy uncertainty, inflation, LIFO expense, and backlog timing.
Management priorities
- Advance the active pipeline of midsized bolt-on acquisitions.
- Invest in automation, fluid power, and data-center technologies.
- Integrate Hydradyne and pursue cross-selling and cost synergies.
- Continue capital deployment through share repurchases and dividend growth.
- Expand Southeast service-center and technical capabilities.
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Estimate
Beat
Miss
Match
Analyst 52W Price Targets
$343.45Current
$210Low
$321.15Average
$420High
Latest persisted target per named analyst; persisted current price from FN2's market snapshot as of Oct 2, 2026. Not an FN2 forecast.
Firm-level rating actions
FMP grade actions identify the grading firm, not a named analyst.
| Firm | Rating | Prior rating | Action | Date |
|---|---|---|---|---|
| Oppenheimer | Outperform | Outperform | Maintain | Aug 14, 2026 |
| Mizuho | Outperform | Outperform | Maintain | Aug 14, 2026 |
| Keybanc | Overweight | Overweight | Maintain | Aug 14, 2026 |
| DA Davidson | Buy | Buy | Maintain | Aug 14, 2026 |
| Baird | Outperform | Outperform | Maintain | Aug 14, 2026 |
| B of A Securities | Buy | Buy | Maintain | Aug 14, 2026 |
| Raymond James | Market Perform | Outperform | Downgrade | Aug 15, 2025 |
| Loop Capital | Buy | Buy | Maintain | Apr 17, 2025 |
| Wells Fargo | Overweight | Overweight | Maintain | Apr 5, 2021 |
| Sidoti & Co. | Neutral | Neutral | Maintain | Dec 9, 2019 |
| Longbow Research | Buy | Neutral | Upgrade | Mar 8, 2019 |
| Avondale Partners | Market Perform | Market Perform | Maintain | Mar 21, 2016 |
| BB&T Capital | Buy | Hold | Upgrade | Jul 7, 2014 |
| CJS Securities | Market Perform | Market Outperform | Downgrade | Aug 15, 2013 |
| Wunderlich Securities | Hold | Buy | Downgrade | Aug 2, 2013 |
| Wunderlich | Hold | Buy | Downgrade | Aug 2, 2013 |
Named analyst price targets
Upside is calculated against the persisted current price $343.45. FMP does not supply a rating on these named-analyst rows.
| Firm | Analyst | 52W target | Price when posted | Upside | Date |
|---|---|---|---|---|---|
| Industrial Alliance Securities | Chris Dankert | $400 | $360.39 | +16.5% | Aug 14, 2026 |
| Oppenheimer | Analyst unavailable | $390 | $362.17 | +13.6% | Aug 14, 2026 |
| Industrial Alliance Securities | Analyst unavailable | $390 | $357.62 | +13.6% | Aug 14, 2026 |
| Robert W. Baird | Analyst unavailable | $400 | $357.62 | +16.5% | Aug 14, 2026 |
| Mizuho Securities | Brett Linzey | $400 | $357.62 | +16.5% | Aug 14, 2026 |
| KeyBanc | Analyst unavailable | $420 | $357.62 | +22.3% | Aug 14, 2026 |
| Mizuho Securities | Brett Linzey | $355 | $335.94 | +3.4% | Jul 21, 2026 |
| Industrial Alliance Securities | Chris Dankert | $380 | $316.18 | +10.6% | Jun 15, 2026 |
| Oppenheimer | Christopher Glynn | $350 | $301.24 | +1.9% | Apr 29, 2026 |
| Robert W. Baird | Analyst unavailable | $317 | $301.24 | -7.7% | Apr 29, 2026 |
| KeyBanc | Analyst unavailable | $300 | $262.34 | -12.7% | Jan 28, 2026 |
| Mizuho Securities | Brett Linzey | $305 | $258.03 | -11.2% | Oct 29, 2025 |
| Industrial Alliance Securities | Sabrina Abrams | $290 | $267.11 | -15.6% | Aug 22, 2025 |
| Oppenheimer | Chris Glynn | $235 | $232.36 | -31.6% | Oct 24, 2024 |
| Mizuho Securities | Brett Linzey | $285 | $229.98 | -17.0% | Oct 21, 2024 |
| KeyBanc | Ken Newman | $245 | $218.77 | -28.7% | Sep 23, 2024 |
| Robert W. Baird | David Manthey | $210 | $203.62 | -38.9% | Aug 29, 2024 |
| Loop Capital Markets | Chris Dankert | $230 | $199.67 | -33.0% | Aug 16, 2024 |
| KeyBanc | Steve Barger | $215 | $199.95 | -37.4% | Aug 16, 2024 |
| Loop Capital Markets | Chris Dankert | $215 | $183.59 | -37.4% | Apr 29, 2024 |
| KeyBanc | Ken Newman | $140 | $113.43 | -59.2% | Aug 12, 2022 |
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Start freeCompany context
Snapshot as of publicationApplied Industrial Technologies, Inc. (AIT) is a prominent distributor specializing in advanced solutions for industrial motion, power, control, and automation. Its operational footprint extends across North America, Australia, New Zealand, and Singapore. The company structures its operations into two main divisions: Service Center Based Distribution and Fluid Power & Flow Control. AIT's extensive product portfolio encompasses a wide range of industrial components and systems, including bearings, power transmission equipment, engineered fluid power systems, specialized flow control mechanisms, cutting-edge automation products, various industrial rubber items, linear motion components, and essential tools, safety gear, and oilfield provisions.…
Historical context
All AIT earningsIndustrials peers this season
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|---|---|---|---|---|
| CTAS Cintas Corporation | FY2027 Q1 · Calendar Q3 2026 | +3.0% | -3.4% | Cintas raises FY2027 guidance as Q1 growth broadens |
| PAYX Paychex, Inc. | FY2027 Q1 · Calendar Q3 2026 | +1.5% | -8.8% | Paychex maintains FY27 outlook as PEO and AI momentum strengthen |
| FPS Forgent Power Solutions, Inc. | FY2026 Q4 · Calendar Q3 2026 | +4.3% | +9.5% | Forgent Power Solutions pairs record results with an aggressive FY27 buildout |
| CPRT Copart, Inc. | FY2026 Q4 · Calendar Q3 2026 | -8.7% | -2.6% | Copart pairs international growth with ACV investment amid higher costs |
| SUNB Sunbelt Rentals Holdings Inc | FY2027 Q1 · Calendar Q3 2026 | +19.2% | +5.9% | Sunbelt raises FY27 outlook as specialty rental demand accelerates |
| FRO Frontline Plc | FY2026 Q2 · Calendar Q3 2026 | +8.0% | +1.0% | Frontline posts a record quarter as tanker rates remain elevated |
Latest beats and misses
Who reports nextBeat on EPS
- ACNFY2026 Q4 · October 1, 2026+3.5% EPS+15.8% move
- MKCFY2026 Q3 · October 1, 2026+13.9% EPS-4.9% move
- NKEFY2027 Q1 · October 1, 2026+10.0% EPS-0.7% move
- CAGFY2027 Q1 · September 30, 2026+44.4% EPS-4.9% move
- FDSFY2026 Q4 · September 30, 2026+3.9% EPS+3.8% move
- JBLFY2026 Q4 · September 30, 2026+8.1% EPS-10.0% move
Get the AIT recap when the next report posts
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Sources
- Earnings call transcript and parsed analysis · 2026-05-11T10:29:34.698584+00:00
- FN2 earnings calendar · 2026-07-26T00:37:12.209961+00:00
- Polygon adjusted daily market bars · 2026-10-02T19:16:20.182119+00:00
- Financial Modeling Prep analyst price-target consensus and quote snapshot · 2026-10-02T19:16:20.178943+00:00
Methodology
Reported and consensus figures come from FN2's earnings event records. Market reaction and volume are calculated from daily adjusted bars around the event; abnormal move subtracts the SPY move over the same window.
Analyst target low, average, and high values are derived at request time from each named analyst's latest persisted FMP target. The current-price marker comes from FN2's persisted market snapshot. They are sell-side estimates, not an FN2 valuation or recommendation.
Transcript intelligence is a structured synthesis of the current and prior earnings-call analyses. Missing values stay missing and are never estimated.
By FN2 Research · Updated · As of 2026-10-02. For educational purposes only; not investment advice.