The Applied Industrial outlook for fiscal 2027 earnings rose on October 27, 2026, as the company lowered its assumed diluted share count following first-quarter repurchases. Applied Industrial Technologies kept its sales growth forecast unchanged.

Applied Industrial outlook for fiscal 2027

The company now expects earnings of $11.70 to $12.20 per share for fiscal 2027, up from its previous range of $11.65 to $12.15. It continues to project total sales growth of 4.0% to 6.5%.

The updated earnings range is a full-year forecast, not a completed result. Applied Industrial announced the revision alongside its fiscal first-quarter results.

Shares traded at $326.50 in premarket trading on October 27, up $1.82, or 0.56%.

Chairman succession and dividend

Peter Wallace retired as chairman and from the board at the company’s annual meeting on October 20, 2026. The board selected Joe Raver, a director since 2017, as its next independent chairman.

The board also declared a quarterly cash dividend of $0.51 per common share, payable November 30 to shareholders of record on November 13.

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