Mizuho cuts target for Applied Industrial Technologies stock to USD 390.00
Published on 10/15/2026 at 21:11 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSAnalyst view and calendar
- Mizuho lowered its Applied Industrial Technologies target from USD 400.00 to USD 390.00 on October 15, 2026.
- Applied Industrial Technologies is scheduled to report fiscal first-quarter results on October 27, 2026, with USD 2.88 consensus earnings per share.
- Applied Industrial Technologies stock costs EUR 295.90 at Lang & Schwarz on October 15, 2026 at 9:06 p.m. CEST.
- Applied Industrial Technologies carries a P/E ratio of 30.28 and a market capitalization of USD 12.2 billion.
Mizuho cut its Applied Industrial Technologies target from USD 400.00 to USD 390.00 on October 15, 2026, while retaining an outperform rating, according to MarketBeat. The euro quote stood at EUR 295.90 at Lang & Schwarz on October 15, 2026 at 9:06 p.m. CEST.
October 27 results date
Applied Industrial Technologies is scheduled to release fiscal first-quarter 2027 results before the market opens on October 27, 2026. The company said the quarter ended September 30, 2026, and the conference call is set for 10:00 a.m. ET, according to Business Wire. A consensus estimate cited by MarketBeat calls for USD 2.88 in earnings per share.
Price position in the range
The latest euro quote sits between the primary-market 52-week low of USD 238.72 and high of USD 374.80. The USD 332.08 primary-market price was last quoted on the NYSE on October 15, 2026 at 9:10 p.m. CEST, while the market capitalization was USD 12.2 billion and the average volume was 275,406 shares.
Applied Industrial Technologies reported fiscal fourth-quarter revenue of USD 1.35 billion for the period ended June 30, 2026, up 10.5 percent from the prior-year quarter. Adjusted earnings per share reached USD 3.17 against USD 2.92 consensus, according to MarketBeat.
Valuation and cash return
AIT carries a trailing P/E ratio of 30.28 and a dividend yield of 1.00 percent. The company operates as an industrial distributor spanning motion, power, control, automation and fluid-power products, with service capabilities supporting manufacturing and infrastructure customers.
Comparison with peers
Applied Industrial Technologies (NYSE, USD): P/E 30.28, market capitalization USD 12.2 billion
Fastenal Company (Nasdaq, USD): minus 2.79 percent, P/E 40.77, market capitalization USD 58.0 billion
MSC Industrial Direct (NYSE, USD): minus 1.93 percent, P/E 31.40, market capitalization USD 7.3 billion
Trading view for investors
Mizuho's revised USD 390.00 target remains a valuation reference as the October 27 reporting date approaches. The next results will provide a fresh test of the USD 11.65 to USD 12.15 fiscal 2027 earnings-per-share guidance range cited by MarketBeat.
Applied Industrial Technologies stock was trading at EUR 295.90 at Lang & Schwarz on October 15, 2026 at 9:06 p.m. CEST.
The further course of trading is shown by the continuously updated real-time quote of Applied Industrial Technologies stock.
Applied Industrial Technologies market data
- Company: Applied Industrial Technologies, Inc.
- ISIN: US03820C1053
- Ticker: AIT
- Primary exchange: NYSE
- Price Lang & Schwarz (as of October 15, 2026, 9:06 p.m. CEST): EUR 295.90
- Market capitalization: USD 12.2 billion (as of October 15, 2026)
- 52-week range: USD 238.72-374.80 (as of October 15, 2026)
- Sector / Industry: Industrials / Industrial Distribution
Market context: Market report S&P 500.
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