AIT

CLEVELAND, July 16, 2026--(BUSINESS WIRE)--Applied Industrial Technologies (NYSE: AIT) today announced it will release its fiscal 2026 fourth quarter results on Thursday, August 13, 2026, before the market opens. The Company’s fiscal 2026 fourth quarter ended June 30, 2026. The Company will host a conference call at 10 a.m. ET that day to discuss the quarter’s results and outlook. A live audio webcast and supplemental presentation can be accessed on our Investor Relations site at https://ir.applied.com. To join by telephone, dial 833-461-5787 (toll free) using conference ID 599 839 625. A replay will be available via webcast on our Investor Relations site following the conference call. About Applied®Applied Industrial Technologies is a leading value-added distributor and technical solutions provider of industrial motion, fluid power, flow control, automation technologies, and related maintenance supplies. Our leading brands, specialized services, and comprehensive knowledge serve MRO (maintenance, repair, and operations), OEM (original equipment manufacturing), and new system install applications in virtually all industrial markets through our multi-channel capabilities that provide choice, convenience, and expertise. For more information, visit www.applied.com. View source version on businesswire.com: https://www.businesswire.com/news/home/20260716323152/en/ Contacts Ryan D. CieslakVice President – Investor Relations & Treasury216-426-4887 / [email protected]

CLEVELAND, June 23, 2026--(BUSINESS WIRE)--Applied Industrial Technologies (NYSE: AIT) announced today that its Board of Directors declared a quarterly cash dividend of $0.51 per common share. The dividend is payable on August 31, 2026, to shareholders of record on August 14, 2026. About Applied®Applied Industrial Technologies is a leading value-added distributor and technical solutions provider of industrial motion, fluid power, flow control, automation technologies, and related maintenance supplies. Our leading brands, specialized services, and comprehensive knowledge serve MRO (maintenance, repair, and operations) and OEM (original equipment manufacturing), and new system install applications in virtually all industrial markets through our multi-channel capabilities that provide choice, convenience, and expertise. For more information, visit www.applied.com. View source version on businesswire.com: https://www.businesswire.com/news/home/20260623434501/en/ Contacts Ryan D. CieslakVice President – Investor Relations & Treasury216-426-4887 / [email protected]

It has been about a month since the last earnings report for Helios Technologies (HLIO). Shares have added about 8.1% in that time frame, outperforming the S&P 500. But investors have to be wondering, will the recent positive trend continue leading up to its next earnings release, or is Helios Technologies due for a pullback? Well, first let's take a quick look at the latest earnings report in order to get a better handle on the recent catalysts for Helios Technologies, Inc before we dive into how investors and analysts have reacted as of late. Helios Technologies reported strong first-quarter 2026 performance, driven by broad-based demand and improved profitability. Adjusted earnings were 80 cents per share, up 82% year over year, and beat the Zacks Consensus Estimate of 68 cents by 17.6%. Revenues came in at $228.4 million, up 17% year over year, and topped the consensus mark of $220 million by 3.8%. On a non-GAAP basis, Helios also emphasized that sales grew 23% on a pro forma basis, reflecting the divestiture of Custom Fluidpower (“CFP”) and the impact of foreign exchange. Reported sales were weighted to the Americas, with EMEA and APAC also contributing meaningful shares of revenues. The top line exceeded expectations as both business segments contributed and geographic performance remained diversified.Electronics segment’s sales increased 29% year over year to $89.2 million, supported by strong demand across recreational and mobile markets, along with stability in health and wellness, food service, commercial and industrial markets. Segment gross margin improved 170 bps to 34.3%, while operating income rose 78% to $14.2 million.Hydraulics segment’s sales rose 10% to $139.2 million, driven by strength in mobile and agriculture markets. On a pro forma basis, excluding the Custom Fluid power divestiture, Hydraulics growth was higher. Segment gross margin increased 220 bps to 31.8%, and operating income rose 34% to $23.4 million, Gross profit rose 25%, with the gross margin expanding 220 basis points to 32.8%, supported by higher volumes, segment mix and cost efficiencies. Operating income increased 75.9% to $29.9 million, with operating margin improving 440 basis points (bps) to 13.1%.Adjusted EBITDA margin expanded 310 bps year over year to 20.4%, reflecting benefits from higher volume, segment mix and operating leverage, while management also highlighte...

It has been about a month since the last earnings report for Idex (IEX). Shares have lost about 3.6% in that time frame, underperforming the S&P 500. But investors have to be wondering, will the recent negative trend continue leading up to its next earnings release, or is Idex due for a breakout? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the latest earnings report in order to get a better handle on the important drivers. IDEX delivered first-quarter 2026 adjusted earnings of $2.00 per share, topping the Zacks Consensus Estimate of $1.78 by 12.4%. The metric rose 14.3% year over year. Net sales of $886.9 million beat the consensus mark of $835 million by 6.2% and increased 8.9% from the year-ago quarter.Results were driven by solid traction in the Health & Science Technologies segment, where higher volumes in AI-linked data center power and semiconductor end markets, along with strength in space and defense, supported growth. IDEX also posted record orders, signaling improving demand early in 2026.Organic sales increased 5% year over year. While acquisitions/divestitures had a positive impact on sales of 1%, foreign currency translation had a positive impact of 3% on sales. Net sales from the Fluid & Metering Technologies segment totaled $301.5 million, up 4% year over year. Our estimate for segmental net sales was $297.3 million. Organic sales increased 2% year over year. Foreign currency translation had a positive impact of 2% on sales.Net sales from the Health & Science Technologies segment totaled $398.4 million, up 17% year over year. Organic sales increased 11% year over year. Acquisitions/divestitures and foreign currency translation had a positive impact of 3% each on sales.Net sales from the Fire & Safety/Diversified Products segment totaled $188.3 million, which increased 2% year over year. Our estimate for segmental net sales was $182 million. Organic sales decreased 1% on a year-over-year basis, while foreign currency translation had a favorable impact of 3% on sales. Orders increased 13% year over year to $988.3 million, with organic orders up 10%. Management pointed to momentum and backlog building in businesses tied to several end markets, particularly AI-driven areas, pharma and space and defense. IDEX’s cost of sales increased 9.7% year over year to $488.8 million. The adjusted gross ma...

Applied Industrial Technologies, Inc. AIT reported third-quarter fiscal 2026 (ended March 31, 2026) earnings of $2.65 per share, which surpassed the Zacks Consensus Estimate of $2.63. The bottom line increased 3.1% year over year. Net sales of $1.25 billion beat the consensus estimate of $1.22 billion. Also, the top line increased 7.3% year over year. Acquisitions boosted the top line by 0.5% while foreign-currency translation had a favorable impact of 0.8%. Organic sales increased 6% year over year. The Service Center-Based Distribution segment’s sales, which contributed 64.3% to net sales, totaled $804.9 million. On a year-over-year basis, the segment’s sales increased 5.7%. While organic sales increased 4.2%, foreign currency translation positively impacted sales by 1.3%. Segmental sales were aided by ongoing internal initiatives and higher technical MRO activities. The Engineered Solutions segment’s sales (formerly the Fluid Power & Flow Control segment), which contributed 35.7% to net sales, totaled $446.5 million. On a year-over-year basis, the segment’s sales increased 10.2%. Acquisitions boosted the top line by 0.9%. Organic sales increased 9.3% owing to strong volume across fluid power and automation businesses, and healthy growth across the flow control unit. Applied Industrial Technologies, Inc. price-consensus-eps-surprise-chart | Applied Industrial Technologies, Inc. Quote In the quarter, Applied Industrial’s cost of sales was up 7.3% year over year to $870.6 million. Gross profit was $380.8 million, up 7.2% from the year-ago quarter. The gross margin inched down to 30.4% from 30.5% in the year-ago quarter. Selling, distribution and administrative expenses (including depreciation) increased 7.5% year over year to $242.9 million. EBITDA was $153.9 million, reflecting an increase of 6.2%. Exiting third-quarter fiscal 2026, Applied Industrial had cash and cash equivalents of $171.6 million compared with $388.4 million at the end of fiscal 2025. Long-term debt was $347.3 million compared with $572.3 million at the end of the prior fiscal year. In the first nine months, it generated net cash of $319.1 million from operating activities, indicating a decrease of 7.5% from the year-ago quarter. Capital expenditures totaled $18.3 million, roughly stable year over year. Free cash flow decreased 8% year over year to $300.8 million. In the first nine months...

Applied reported a “solid” Q3 with organic sales up 6% year‑over‑year (the strongest in >2 years), record quarterly EBITDA, EPS of $2.65, and tightened fiscal 2026 guidance to EPS $10.60–$10.75 and sales growth of 7.2%–7.7%. Growth was led by the Engineered Solutions segment (more than 9% organic growth), with the technology vertical now >15% of the segment and contributing ~300 basis points to growth; Service Centers also improved (4% organic growth) with cross‑selling adding >100 basis points. Capital deployment remained active: the company deployed >$300M YTD across buybacks, M&A and dividends, repurchased ~897,000 shares (~$236M) YTD, received board approval to repurchase up to 3 million additional shares, and finished the quarter with $172M cash and net leverage of 0.3x. Interested in Applied Industrial Technologies, Inc.? Here are five stocks we like better. Should You Invest in the Industrial Sector in 2022? 3 Industrial Stocks to Consider Applied Industrial Technologies (NYSE:AIT) reported what management called a “solid” fiscal 2026 third quarter, highlighted by the company’s strongest organic sales growth in more than two years and record quarterly EBITDA. President and CEO Neil Schrimsher said organic sales rose 6% year-over-year, improving from 2% growth in the prior quarter and landing at the high end of the company’s guidance. Schrimsher said growth strengthened as the quarter progressed, noting that organic sales in March were up 10% from the prior-year period. He added that average organic daily sales increased 5% sequentially, which he said was above normal seasonal patterns. → Pipelines and Automation: 2 Energy Plays Built for Any Oil Price Management characterized the improvement as volume-driven, with customer spending “increasingly positive and showing signs of broadening.” Schrimsher said 17 of Applied’s top 30 end markets generated positive year-over-year sales growth, up from 15 in the second quarter. He cited strength in metals, technology, machinery, aggregates, utilities and energy, mining, and construction, offset by declines in chemicals, lumber and wood, transportation, rubber and plastics, and refining. On the call, Schrimsher also provided additional detail on Service Center account trends. In response to an analyst question, he said local accounts were up 5% year-over-year (versus 3.5% in the second quarter) and national acco...

This article first appeared on GuruFocus. Organic Sales Growth: Increased by 6% year-over-year, the strongest growth in over two years. Gross Margin: Held firm at 30.4%, relatively unchanged year-over-year, despite LIFO headwinds. EBITDA: Record quarterly EBITDA, 6% above the prior year, or 8% excluding LIFO impact. Engineered Solutions Segment Growth: Over 9% organic growth year-over-year, with strong performance in Automation and Fluid Power. Service Center Segment Growth: Organic sales growth of 4% in the third quarter, with average daily sales up approximately 5% sequentially. Free Cash Flow: $95.4 million, representing a 96% conversion relative to net income. EPS: Reported earnings per share of $2.65, a 3.1% increase from the prior year. Share Repurchases: Over 346,000 shares repurchased for $93 million in the third quarter. Updated Full-Year Guidance: EPS projected within $10.60 to $10.75, with sales growth of 7.2% to 7.7%. Warning! GuruFocus has detected 11 Warning Signs with NUE. Is AIT fairly valued? Test your thesis with our free DCF calculator. Release Date: April 28, 2026 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Applied Industrial Technologies Inc (NYSE:AIT) reported a solid third quarter with a 6% organic sales growth, marking the strongest growth in over two years. The Engineered Solutions segment delivered over 9% organic growth year over year, with particular strength in Automation and Fluid Power. The company achieved record quarterly EBITDA at the high end of expectations, 6% above the prior year, or 8% when excluding the impact of LIFO. AIT's Service Center segment saw organic sales growth of 4% in the third quarter, with trends strongest in March, where organic sales increased over 6% compared to the prior year. The company is actively pursuing M&A opportunities, with a focus on mid-size and smaller tuck-in companies, and has a strong track record of acquisitions since 2018. AIT continues to face LIFO headwinds, which negatively impacted gross margins and EBITDA growth in the quarter. The inflationary environment and suppliers' approach to pricing remain highly fluid, posing ongoing challenges. The company operates in a dynamic environment with customer purchasing decisions sensitive to broader macro uncertainty. Certain end markets, such as chemicals, lumber and wood, transporta...

Organic sales growth of 6% marked the strongest performance in over two years, driven by a notable acceleration in volume as customer spending behavior broadened across 17 of the top 30 end markets. The Engineered Solutions segment delivered 9.3% organic growth, fueled by double-digit increases in automation and fluid power as customers prioritize brownfield applications to address labor constraints and production agility. The technology vertical now represents over 15% of Engineered Solutions, contributing 300 basis points to the segment's organic growth through semiconductor wafer fab equipment and emerging data center liquid cooling opportunities. Service Center performance improved to 4% organic growth as higher capacity utilization at customer sites triggered increased break-fix activity and maintenance on aged production equipment. Cross-selling initiatives between segments contributed over 100 basis points to Service Center organic growth, reflecting the success of the 'One Applied' value proposition in capturing technical MRO requirements. Management attributes steady gross margins to internal margin initiatives and favorable mix, which effectively offset ongoing LIFO headwinds and inflationary pressures. Full-year fiscal 2026 guidance was tightened toward the high end, assuming organic sales growth of 3.8% to 4.2% and EBITDA margins between 12.3% and 12.4%. Fourth quarter organic growth is projected at 4% to 5.5%, factoring in high-single-digit trends in early April but accounting for significantly tougher year-over-year comparisons in May and June. Management expects the next 12 to 18 months to be a more active period for M&A, focusing on midsize and small tuck-in targets across fluid power, flow control, and automation. Guidance assumes a degree of variability persists due to geopolitical developments and trade policy uncertainty, though current indicators suggest an early-stage end-market recovery. Incremental EBITDA margins are targeted at mid- to high-teens on mid-single-digit organic growth, supported by structural mix tailwinds and continuous improvement culture. LIFO expense of $5.6 million created a 27 basis point headwind on gross margins compared to the prior year, with slightly higher LIFO expense anticipated in the fourth quarter. A new share repurchase authorization for up to 3 million shares was approved by the Board, following $236 m...

For the quarter ended March 2026, Applied Industrial Technologies (AIT) reported revenue of $1.25 billion, up 7.3% over the same period last year. EPS came in at $2.65, compared to $2.57 in the year-ago quarter. The reported revenue represents a surprise of +2.23% over the Zacks Consensus Estimate of $1.22 billion. With the consensus EPS estimate being $2.63, the EPS surprise was +0.84%. While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance. Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance. Here is how Applied Industrial Technologies performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts: Net Sales- Engineered Solutions: $446.52 million versus the three-analyst average estimate of $432.06 million. The reported number represents a year-over-year change of +10.2%. Net Sales- Service Center Based Distribution: $804.94 million versus the three-analyst average estimate of $792.44 million. The reported number represents a year-over-year change of +5.7%. Operating income- Engineered Solutions: $51.64 million versus $51.52 million estimated by three analysts on average. Operating income- Service Center Based Distribution: $109.41 million compared to the $104.11 million average estimate based on three analysts. View all Key Company Metrics for Applied Industrial Technologies here>>> Shares of Applied Industrial Technologies have returned +13.5% over the past month versus the Zacks S&P 500 composite's +12.2% change. The stock currently has a Zacks Rank #4 (Sell), indicating that it could underperform the broader market in the near term. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Applied Industrial Technologies, Inc. (AIT) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

Image source: The Motley Fool. Tuesday, April 28, 2026 at 10 a.m. ET President and Chief Executive Officer — Neil A. Schrimsher Chief Financial Officer — David K. Wells Neil A. Schrimsher, Applied Industrial Technologies, Inc.’s President and Chief Executive Officer, and David K. Wells, our Chief Financial Officer. With that, I will turn it over to Neil. Neil A. Schrimsher: Thanks, Ryan, and good morning, everyone. We appreciate you joining us. I will begin with perspective and highlights on our results, including an update on industry conditions and expectations going forward. David will follow with more financial detail on the quarter’s performance and provide additional color on our updated outlook. I will then close with some final thoughts. Overall, we reported a solid third quarter underpinned by stronger organic sales growth across the business. Specifically, sales increased 6% organically over the prior year, which was the strongest growth in over two years. This was up notably from 2% last quarter and at the high end of our third quarter guidance. In addition, orders, backlog, and business funnel activity continue to build positive momentum. We also delivered another quarter of steady underlying margin performance with gross margins holding firm year over year inclusive of ongoing LIFO headwinds. These dynamics drove record quarterly EBITDA at the high end of our expectations, as well as 6% above the prior year, or 8% when excluding the impact of LIFO. At the same time, we continue to invest internally to support our growth potential and strategy. Taken together, it was a very productive quarter with many encouraging signals for the business moving forward. I want to thank our Applied Industrial Technologies, Inc. team for another solid quarter of execution. A few key points to emphasize. First, stronger sales growth in the quarter was broad-based with several encouraging underlying trends. Average organic daily sales increased 5% sequentially, which was above normal seasonal patterns. Trends strengthened as the quarter progressed, with organic sales in March up 10% over the prior-year period. The stronger growth was volume-driven with customer spending behavior increasingly positive and showing signs of broadening. More positive underlying demand was apparent in year-over-year trends across our top 30 end markets, where 17 generated positive sales...

Applied Industrial Technologies (AIT) came out with quarterly earnings of $2.65 per share, beating the Zacks Consensus Estimate of $2.63 per share. This compares to earnings of $2.57 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of +0.84%. A quarter ago, it was expected that this industrial products company would post earnings of $2.48 per share when it actually produced earnings of $2.51, delivering a surprise of +1.21%. Over the last four quarters, the company has surpassed consensus EPS estimates four times. Applied Industrial Technologies, which belongs to the Zacks Manufacturing - General Industrial industry, posted revenues of $1.25 billion for the quarter ended March 2026, surpassing the Zacks Consensus Estimate by 2.23%. This compares to year-ago revenues of $1.17 billion. The company has topped consensus revenue estimates three times over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. Applied Industrial Technologies shares have added about 16.1% since the beginning of the year versus the S&P 500's gain of 4.8%. While Applied Industrial Technologies has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for Applied Industrial Technologies was unfavorable. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #4 (Sell) for the stock. So, the shares a...

Applied Industrial Technologies (AIT) reported fiscal Q3 earnings Tuesday of $2.65 per diluted share