Applied Industrial Technologies stock closed at USD 330.13, down 1.1 percent

Published on 10/17/2026 at 20:53 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Mizuho cut AIT target to USD 390.00 on October 15, 2026. Applied Industrial Technologies stock closed at USD 330.13 on October 16, 2026, down 1.1 percent on NYSE.

Analyst view and reporting calendar

Mizuho lowered its Applied Industrial Technologies target to USD 390.00 on October 15, 2026.
Applied Industrial Technologies is expected to report on October 27, 2026, with consensus earnings per share of USD 2.89.
Applied Industrial Technologies stock closed at USD 330.13 on October 16, 2026, down 1.11 percent on the NYSE.
Its market capitalization was USD 12.1 billion, with a P/E ratio of 30.18.

AIT, US03820C1053, Illustration mit AI erstellt.

Applied Industrial Technologies (ISIN US03820C1053) closed at USD 330.13 on the NYSE on October 16, 2026, down 1.11 percent from the previous close. The most recent analyst adjustment came from Mizuho, which cut its target from USD 400.00 to USD 390.00 on October 15, 2026 while retaining an Outperform rating, as Markets Insider reported.

The target remains above the close

Mizuho's USD 390.00 target stands 18.13 percent above the USD 330.13 closing price. The target reduction of USD 10.00 still leaves the analyst view above the market level, while the Outperform rating remained unchanged in the October 15, 2026 report.

Applied Industrial Technologies distributes industrial motion, power transmission, fluid power, flow control and automation products. Its investor materials describe fiscal 2024 sales of USD 4.5 billion and a business model that combines distribution with technical services, as Applied Industrial Technologies states.

October 27 carries the next date

Applied Industrial Technologies is expected to report fiscal first-quarter 2027 results on October 27, 2026, before the NYSE open. The consensus calls for earnings per share of USD 2.89 and revenue of USD 1.29 billion, compared with USD 2.63 and USD 1.20 billion in the year-earlier quarter, according to MarketBeat.

Price position and valuation

The stock's 52-week range is USD 238.72 to USD 374.80. The October 16 close was 11.91 percent below the high and 38.29 percent above the low. Applied Industrial Technologies had a market capitalization of USD 12.1 billion and a P/E ratio of 30.18 on October 16, 2026.

Comparison with peers

Applied Industrial Technologies (NYSE, USD): minus 1.11 percent, P/E 30.18, market capitalization USD 12.1 billion.

MSC Industrial Direct (NYSE, USD): minus 0.24 percent, P/E 31.49, market capitalization USD 7.3 billion.

Fastenal (Nasdaq, USD): plus 1.27 percent, P/E 41.15, market capitalization USD 58.5 billion.

What the next report will test

The October 27 report will put the USD 2.89 consensus earnings-per-share estimate beside the company's recent operating record. The prior-year comparison of USD 1.20 billion in revenue and USD 2.63 earnings per share gives the market two concrete benchmarks for the new quarter.

The latest completed session ended at USD 330.13 on the NYSE on October 16, 2026. The next scheduled reporting date is October 27, 2026, before the market opens.