Applied Industrial Technologies stock trades at EUR 295.10 as guidance cools

Published on 09/29/2026 at 18:03 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Applied Industrial Technologies stock was trading at EUR 295.10 on September 29, 2026, down 0.57 percent from EUR 296.80. Fiscal fourth-quarter sales rose 10.4 percent year over year to USD 1.4 billion.

AIT, US03820C1053, Illustration mit AI erstellt.

Applied Industrial Technologies (ISIN US03820C1053) was trading at EUR 295.10 at Lang & Schwarz on September 29, 2026 at 5:59 p.m. CEST, down 0.57 percent from the prior close of EUR 296.80. The industrial distributor delivered record fiscal fourth-quarter growth, but its fiscal 2027 outlook points to a slower pace.

Record quarter meets slower guidance

As Yahoo Finance reported on September 7, 2026, fiscal fourth-quarter sales increased 10.4 percent year over year to USD 1.4 billion, while organic growth reached 9.7 percent. Fourth-quarter EBITDA rose 16.1 percent to USD 177.6 million, and net income increased 13.2 percent to USD 118.6 million, or USD 3.17 per share.

The comparison with the new outlook is the key investor issue. Fiscal 2027 guidance calls for sales growth of 4.0 percent to 6.5 percent and EBITDA margins of 12.5 percent to 12.8 percent, below the 9.7 percent organic growth reported for the latest quarter and the 14.0 percent long-term margin target described by Yahoo Finance.

Analysts keep a bullish view

According to MarketBeat on September 18, 2026, all seven covering firms rated the stock Buy and the average 12-month price target was USD 400.00. The same report said quarterly adjusted EPS of USD 3.17 exceeded the USD 2.92 consensus, while revenue reached USD 1.35 billion and grew 10.5 percent year over year.

MarketBeat also reported that KeyCorp raised its target from USD 375.00 to USD 420.00, while DA Davidson lifted its target from USD 380.00 to USD 400.00 in August. Those targets reflect the strong earnings delivery, while the lower fiscal 2027 growth range leaves execution and demand across industrial end markets as the central test.

Stock trades below yearly high

Applied Industrial Technologies had a market capitalization of USD 12.4 billion as of September 29, 2026. Its NYSE-listed shares were trading at EUR 295.10 at Lang & Schwarz at 5:59 p.m. CEST, down 0.57 percent versus the EUR 296.80 prior close, giving investors a dated German-market reference after the Xetra session.