Applied Industrial Technologies Company Profile (NYSE:AIT)

About Applied Industrial Technologies

Applied Industrial Technologies logoApplied Industrial Technologies Inc. is a distributor and supplier of industrial products. The Company's industry products, including bearings, power transmission components, fluid power components and systems, industrial rubber products, linear motion components, tools, safety products, and other industrial and maintenance supplies. The Company provides engineering, design, and systems integration for industrial and fluid power applications, as well as customized mechanical, fabricated rubber, and fluid power shop services. The Company operates in two segments: service center-based distribution and fluid power businesses. Service center-based distribution provides customers with a range of industrial products through a network of service centers. Fluid power businesses consist of regional companies that distribute fluid power components and operate shops to assemble fluid power systems and perform equipment repair.

Industry, Sector and Symbol:
  • Sector: Industrial Products
  • Industry: Industrial Equipment Wholesale
  • Sub-Industry: Trading Companies & Distributors
  • Exchange: NYSE
  • Symbol: AIT
  • CUSIP: 03820C10
Key Metrics:
  • Previous Close: $46.16
  • 50 Day Moving Average: $46.78
  • 200 Day Moving Average: $45.38
  • 52-Week Range: $35.55 - $48.61
  • Trailing P/E Ratio: 62.61
  • Foreward P/E Ratio: 17.31
  • P/E Growth: 2.72
  • Market Cap: $1.83B
  • Outstanding Shares: 39,057,000
  • Beta: 1.17
Profitability:
  • Net Margins: 1.17%
  • Return on Equity: 14.56%
  • Return on Assets: 7.40%
Debt:
  • Debt-to-Equity Ratio: 0.49%
  • Current Ratio: 2.85%
  • Quick Ratio: 1.62%
Additional Links:
Companies Related to Applied Industrial Technologies:

Analyst Ratings

Consensus Ratings for Applied Industrial Technologies (NYSE:AIT) (?)
Ratings Breakdown: 3 Hold Ratings
Consensus Rating:Hold (Score: 2.00)
Consensus Price Target: $44.00 (5.86% downside)

Analysts' Ratings History for Applied Industrial Technologies (NYSE:AIT)
Show:
DateFirmActionRatingPrice TargetDetails
9/4/2016Wells Fargo & Co.Reiterated RatingHoldView Rating Details
3/21/2016Avondale PartnersBoost Price TargetMarket Perform$39.00 -> $44.00View Rating Details
10/26/2015BB&T Corp.DowngradeBuy -> HoldView Rating Details
8/12/2015Longbow ResearchUpgradeUnderperform -> NeutralView Rating Details
7/21/2015KeyCorpInitiated CoverageSector WeightView Rating Details
(Data available from 10/1/2014 forward)

Earnings

Earnings History for Applied Industrial Technologies (NYSE:AIT)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
10/26/2016        
8/12/2016Q416$0.66$0.66$643.13 million$63.00 millionViewListenView Earnings Details
4/28/2016Q316$0.61$0.61$619.33 million$633.20 millionViewListenView Earnings Details
1/28/2016Q216$0.61$0.61$619.92 million$610.30 millionViewListenView Earnings Details
10/28/2015Q1$0.68$0.61$670.40 million$641.90 millionViewListenView Earnings Details
8/12/2015Q415$0.73$0.70$683.60 million$677.50 millionViewListenView Earnings Details
4/30/2015Q315$0.76$0.70$701.90 million$680.00 millionViewListenView Earnings Details
1/29/2015Q215$0.69$0.72$671.14 million$691.70 millionViewListenView Earnings Details
10/29/2014Q115$0.12$0.70$63.20 million$702.30 millionViewListenView Earnings Details
8/13/2014Q414$0.75$0.71$661.80 million$654.60 millionViewListenView Earnings Details
5/1/2014Q314$0.76$0.72$217.25 million$618.00 millionViewListenView Earnings Details
1/30/2014Q214$0.59$0.61$593.70 million$581.90 millionViewListenView Earnings Details
10/30/2013Q114$0.70$0.63$649.73 million$605.30 millionViewListenView Earnings Details
8/14/2013Q4 2013$0.76$0.76$650.14 million$640.50 millionViewListenView Earnings Details
5/2/2013Q3 2013$0.68$0.69$630.46 million$621.70 millionViewListenView Earnings Details
1/31/2013Q2 2013$0.65$0.64$618.04 million$589.50 millionViewListenView Earnings Details
10/23/2012$0.71$0.70ViewN/AView Earnings Details
8/9/2012$0.71$0.75ViewN/AView Earnings Details
4/26/2012$0.64$0.69ViewN/AView Earnings Details
1/25/2012$0.54$0.58ViewN/AView Earnings Details
10/25/2011$0.57$0.61ViewN/AView Earnings Details
8/9/2011$0.60$0.65ViewN/AView Earnings Details
4/21/2011$0.51$0.61ViewN/AView Earnings Details
1/21/2011$0.44$0.49ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Applied Industrial Technologies (NYSE:AIT)
Current Year EPS Consensus Estimate: $2.5 EPS
Next Year EPS Consensus Estimate: $2.7 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20166$0.56$0.68$0.64
Q2 20166$0.63$0.76$0.71
Q4 20162$0.65$0.66$0.66
Q1 20171$0.60$0.60$0.60
Q2 20171$0.58$0.58$0.58
Q3 20171$0.63$0.63$0.63
Q4 20171$0.69$0.69$0.69
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Applied Industrial Technologies (NYSE:AIT)
Annual Dividend:$1.12
Dividend Yield:2.40%
Dividend Growth:8.70% (3 Year Average)
Payout Ratio:151.35% (Based on Trailing 12 Months of Earnings)
44.80% (Based on Current Year Consensus EPS Estimate)
41.48% (Based on Next Year Consensus EPS Estimate)
Track Record:6 Years of Consecutive Dividend Growth

Dividend History for Applied Industrial Technologies (NYSE:AIT)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
6/23/2016quarterly$0.288/11/20168/15/20168/31/2016
4/28/2016Quarterly$0.285/12/20165/16/20165/31/2016
1/28/2016quarterly$0.282/11/20162/16/20162/29/2016
10/28/2015quarterly$0.2711/12/201511/16/201511/30/2015
6/19/2015quarterly$0.272.57%8/12/20158/14/20158/31/2015
4/30/2015quarterly$0.272.58%5/13/20155/15/20155/29/2015
1/30/2015quarterly$0.272.67%2/11/20152/13/20152/27/2015
10/29/2014quarterly$0.252.11%11/12/201411/14/201411/28/2014
6/19/2014quarterly$0.252.02%8/13/20148/15/20148/29/2014
5/1/2014quarterly$0.252.08%5/13/20145/15/20145/30/2014
1/30/2014quarterly$0.251.98%2/12/20142/14/20142/28/2014
10/30/2013quarterly$0.2311/13/201311/15/201311/29/2013
6/20/2013quarterly$0.238/15/20138/30/2013
5/2/2013quarterly$0.232.07%5/13/20135/15/20135/31/2013
1/31/2013quarterly$0.232.05%2/13/20132/15/20132/28/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for Applied Industrial Technologies (NYSE:AIT)
Insider Ownership Percentage: 4.40%
Institutional Ownership Percentage: 89.35%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
2/12/2016L Thomas HiltzDirectorSell2,940$39.97$117,511.80View SEC Filing  
11/4/2015Peter C. WallaceDirectorSell1,885$43.10$81,243.50View SEC Filing  
10/30/2015Peter C. WallaceDirectorSell2,782$41.22$114,674.04View SEC Filing  
8/14/2015L Thomas HiltzDirectorSell7,131$40.23$286,880.13View SEC Filing  
2/18/2015L Thomas HiltzDirectorBuy2,500$42.52$106,300.00View SEC Filing  
2/2/2015Vincent K PetrellaDirectorBuy2,500$40.69$101,725.00View SEC Filing  
11/7/2014Jerry Sue ThorntonDirectorSell4,100$49.21$201,761.00View SEC Filing  
11/6/2014Thomas E ArmoldVPSell4,776$49.28$235,361.28View SEC Filing  
8/26/2014Green Edith KellyDirectorSell14,242$49.25$701,418.50View SEC Filing  
2/18/2014Jerry Sue ThorntonDirectorSell6,976$49.89$348,032.64View SEC Filing  
2/3/2014L Thomas HiltzDirectorSell8,284$48.46$401,442.64View SEC Filing  
11/14/2013Thomas E ArmoldVPSell6,434$46.63$300,017.42View SEC Filing  
8/27/2013Green Edith KellyDirectorSell2,484$48.33$120,051.72View SEC Filing  
8/27/2013Todd A BarlettVPSell7,599$48.78$370,679.22View SEC Filing  
8/23/2013Todd A BarlettVPSell10,320$49.37$509,498.40View SEC Filing  
5/20/2013Michael L CoticchiaVPSell4,143$47.86$198,283.98View SEC Filing  
2/15/2013Fred D BauerVPSell5,000$44.98$224,900.00View SEC Filing  
2/5/2013L Thomas HiltzDirectorSell10,287$44.91$461,989.17View SEC Filing  
8/14/2012Dan KomnenovichDirectorBuy5,000$40.99$204,950.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for Applied Industrial Technologies (NYSE:AIT)
DateHeadline
News IconLatest Analyst Ratings For Applied Industrial Technologies, Inc. (NYSE:AIT) (NYSE:AIT)
desotoedge.com - September 29 at 8:10 AM
finance.yahoo.com logoApplied Industrial Technologies Receives its 16th NorthCoast 99 Award for Best Workplaces (NYSE:AIT)
finance.yahoo.com - September 22 at 3:22 PM
stocksdaily.net logoApplied Industrial Technologies, Inc. (NYSE:AIT) Makes Public Its Dividend Alert Of $0.28 (NYSE:AIT)
www.stocksdaily.net - September 22 at 9:17 AM
stocksdaily.net logoApplied Industrial Technologies, Inc. (NYSE:AIT) Announces A Dividend Alert (NYSE:AIT)
www.stocksdaily.net - September 14 at 3:22 PM
capitalcube.com logoETF’s with exposure to Applied Industrial Technologies, Inc. : September 14, 2016 (NYSE:AIT)
www.capitalcube.com - September 14 at 3:22 PM
capitalcube.com logoApplied Industrial Technologies, Inc. breached its 50 day moving average in a Bearish Manner : AIT-US : September 14, 2016 (NYSE:AIT)
www.capitalcube.com - September 14 at 9:12 AM
stocksdaily.net logoApplied Industrial Technologies, Inc. (NYSE:AIT) Held $59.861 In Cash And Short-Term Investments (NYSE:AIT)
www.stocksdaily.net - September 13 at 3:23 PM
News IconThe Sell-side Consensus is in on Applied Industrial Technologies, Inc. (NYSE:AIT); Earnings & Target Updates (NYSE:AIT)
www.nationaldailypress.com - September 9 at 3:23 PM
finance.yahoo.com logoAPPLIED INDUSTRIAL TECHNOLOGIES INC Financials (NYSE:AIT)
finance.yahoo.com - August 30 at 3:22 PM
capitalcube.com logoETF’s with exposure to Applied Industrial Technologies, Inc. : August 30, 2016 (NYSE:AIT)
www.capitalcube.com - August 30 at 11:59 AM
capitalcube.com logoApplied Industrial Technologies, Inc. :AIT-US: Earnings Analysis: 2016 By the Numbers : August 29, 2016 (NYSE:AIT)
www.capitalcube.com - August 29 at 4:03 PM
4-traders.com logoApplied Industrial Technologies : Launches New Website (NYSE:AIT)
www.4-traders.com - August 26 at 3:23 PM
finance.yahoo.com logoApplied Industrial Braves Headwinds with Website Launch (NYSE:AIT)
finance.yahoo.com - August 26 at 11:34 AM
finance.yahoo.com logoApplied Industrial Technologies Launches New Website (NYSE:AIT)
finance.yahoo.com - August 25 at 3:26 PM
biz.yahoo.com logoAPPLIED INDUSTRIAL TECHNOLOGIES INC Files SEC form 10-K, Annual Report (NYSE:AIT)
biz.yahoo.com - August 25 at 8:10 AM
capitalcube.com logoETF’s with exposure to Applied Industrial Technologies, Inc. : August 16, 2016 (NYSE:AIT)
www.capitalcube.com - August 16 at 3:25 PM
capitalcube.com logoApplied Industrial Technologies, Inc. :AIT-US: Earnings Analysis: Q4, 2016 By the Numbers : August 16, 2016 (NYSE:AIT)
www.capitalcube.com - August 16 at 12:00 PM
capitalcube.com logoApplied Industrial Technologies, Inc. breached its 50 day moving average in a Bearish Manner : AIT-US : August 15, 2016 (NYSE:AIT)
www.capitalcube.com - August 15 at 10:39 AM
seekingalpha.com logoApplied Industrial Technologies (AIT) Neil A. Schrimsher on Q4 2016 Results - Earnings Call Transcript (NYSE:AIT)
seekingalpha.com - August 13 at 3:24 PM
rttnews.com logoApplied Industrial Technologies Inc Bottom Line Drops 7% In Q4 (NYSE:AIT)
www.rttnews.com - August 12 at 3:36 PM
finance.yahoo.com logoApplied Industrial Technologies posts 4Q profit (NYSE:AIT)
finance.yahoo.com - August 12 at 3:36 PM
publicnow.com logoApplied Industrial Technologies Reports Fiscal 2016 Fourth Quarter and Year-End Results (NYSE:AIT)
www.publicnow.com - August 12 at 11:58 AM
biz.yahoo.com logoApplied Industrial Technologies Inc Earnings Call scheduled for 10:00 am ET today (NYSE:AIT)
biz.yahoo.com - August 12 at 11:58 AM
feeds.benzinga.com logoApplied Industrial Tech Q4 Sales, FY17 Outlook Disappoint (NYSE:AIT)
feeds.benzinga.com - August 12 at 8:40 AM
nasdaq.com logoApplied Industrial Technologies, Inc. (AIT) Ex-Dividend Date Scheduled for ... (NYSE:AIT)
www.nasdaq.com - August 10 at 9:52 PM
4-traders.com logoApplied Industrial Technologies : Q4 FY16 earning date release (NYSE:AIT)
www.4-traders.com - July 15 at 2:00 PM
nasdaq.com logoApplied Industrial Technologies to Report Fourth Quarter and Fiscal Year-End Results on August 12, (NYSE:AIT)
www.nasdaq.com - July 14 at 3:26 PM
publicnow.com logoApplied Industrial Technologies to Report Fourth Quarter and Fiscal Year-End Results on August 12, 2016 (NYSE:AIT)
www.publicnow.com - July 14 at 2:28 PM
News IconRPM acquires North Carolina bridge and road repair company Applied Polymerics Inc & Marketing Associates Inc. (NYSE:AIT)
www.cleveland.com - July 8 at 3:26 PM
capitalcube.com logoApplied Industrial Technologies, Inc. breached its 50 day moving average in a Bearish Manner : AIT-US : July 8, 2016 (NYSE:AIT)
www.capitalcube.com - July 8 at 8:31 AM
capitalcube.com logoApplied Industrial Technologies, Inc. : AIT-US: Dividend Analysis : August 15th, 2016 (record date) : By the numbers : July 7, 2016 (NYSE:AIT)
www.capitalcube.com - July 7 at 1:27 PM
publicnow.com logoMore than 31,000 Products in New Applied Industrial Technologies 2016 / 2017 Product Catalog (NYSE:AIT)
www.publicnow.com - July 1 at 2:01 PM
capitalcube.com logoApplied Industrial Technologies, Inc. breached its 50 day moving average in a Bearish Manner : AIT-US : June 27, 2016 (NYSE:AIT)
www.capitalcube.com - June 27 at 11:12 AM
News IconWestern Nevada College's partnership with Panasonic creates job opportunities for students (NYSE:AIT)
www.nevadaappeal.com - June 26 at 8:21 AM
News IconWestern Nevada College partnership with Panasonic creates job opportunities for students (NYSE:AIT)
carsonnow.org - June 24 at 10:39 AM
publicnow.com logoApplied Industrial Technologies Declares Quarterly Dividend and Announces Annual Meeting Date (NYSE:AIT)
www.publicnow.com - June 23 at 9:19 AM
4-traders.com logoApplied Industrial Technologies : Seals Unlimited acquisition | Applied.com (NYSE:AIT)
www.4-traders.com - June 16 at 8:49 PM
finance.yahoo.com logoApplied Industrial Adds Seals Unlimited to its Portfolio (NYSE:AIT)
finance.yahoo.com - June 16 at 10:32 AM
finance.yahoo.com logoApplied Industrial Adds Seals Unlimited to its Portfolio (NYSE:AIT)
finance.yahoo.com - June 16 at 10:32 AM
News IconApplied Industrial Technologies Acquires Seals Unlimited (NYSE:AIT)
www.mdm.com - June 15 at 3:28 PM
nasdaq.com logoApplied Industrial Buys Canada's Seals Unlimited; Terms Not Disclosed (NYSE:AIT)
www.nasdaq.com - June 15 at 8:11 AM
finance.yahoo.com logoApplied Industrial Technologies Acquires Seals Unlimited of Burlington, Ontario (NYSE:AIT)
finance.yahoo.com - June 15 at 6:30 AM
News IconRegistration open: Western Nevada College offers summer tech, manufacturing training (NYSE:AIT)
carsonnow.org - June 9 at 9:18 PM
News IconWNC summer classes ready students for fall employment (NYSE:AIT)
www.nevadaappeal.com - June 4 at 3:25 PM
News IconWestern Nevada College Summer Classes Prepare Students For Employment By Fall (NYSE:AIT)
carsonvalleytimes.com - June 2 at 9:20 PM
News IconTarget Check and Stock Performance Recap Applied Industrial Technologies, Inc. (NYSE:AIT) - Wall Street Hints and News (NYSE:AIT)
hintsnewsnetwork.com - May 27 at 12:13 PM
realistinvestor.com logoApplied Industrial Technologies, Inc. (NYSE:AIT) Disburses $0.28 Per Share In Dividend - RealistInvestor.com (NYSE:AIT)
www.realistinvestor.com - May 27 at 12:13 PM
investornewswire.com logoApplied Industrial Technologies, Inc. (NYSE:AIT) Cash From Financial Activities Stands At $24.689 Millions - Investor Newswire (NYSE:AIT)
www.investornewswire.com - May 27 at 12:13 PM
News IconStock Rating Review for Applied Industrial Technologies, Inc. (NYSE:AIT) - Wall Street Hints and News (NYSE:AIT)
hintsnewsnetwork.com - May 27 at 12:13 PM
News IconEarnings Review and Stock Rundown for Applied Industrial Technologies, Inc. (NYSE:AIT) - Wall Street Hints and News (NYSE:AIT)
hintsnewsnetwork.com - May 25 at 2:58 PM

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Applied Industrial Technologies (NYSE:AIT) Chart for Saturday, October, 1, 2016


Last Updated on 10/1/2016 by MarketBeat.com Staff