NYSE:AIT - Applied Industrial Technologies Stock Price, News, & Analysis Sign in or create an account to add this stock to your watchlist. Get Started $60.50 +1.39 (+2.35 %) (As of 02/21/2019 01:27 AM ET)Previous Close$59.11Today's Range$59.07 - $60.5552-Week Range$50.56 - $82.35Volume248,212 shsAverage Volume249,015 shsMarket Capitalization$2.34 billionP/E Ratio16.18Dividend Yield2.10%Beta1.29 ProfileDiscussionAnalyst RatingsChartDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsSocial Media Share on FacebookShare on TwitterShare on LinkedInShare on RedditShare on StocktwitsPrint this articleShare by Email Applied Industrial Technologies, Inc. distributes industrial products in North America, Australia, New Zealand, and Singapore. The company offers its products for maintenance, repair, and operational, as well as original equipment manufacturing customers. It operates in two segments, Service Center Based Distribution, and Fluid Power and Flow Control. The company distributes bearings, power transmission products, engineered fluid power components and systems, specialty flow control solutions, industrial rubber products, linear motion components, tools, safety products, oilfield supplies, and other industrial and maintenance supplies; and hydraulic, pneumatic, lubrication, filtration, and flow control components and systems. It also operates fabricated rubber shops that modify and repair conveyor belts, as well as provide hose assemblies; and rubber service field crews to install and repair conveyor belts and rubber lining at customer locations. In addition, the company rebuilds or assembles speed reducers, pumps, valves, cylinders, and electric and hydraulic motors, as well as custom machining products; and offers flow control and technical support services. It offers industrial products through a network of service centers. The company serves various industries, including agriculture and food processing, cement, chemicals and petrochemicals, fabricated metals, forest products, industrial machinery and equipment, mining, oil and gas, primary metals, transportation, and utilities, as well as to government entities. Applied Industrial Technologies, Inc. was founded in 1923 and is headquartered in Cleveland, Ohio. Receive AIT News and Ratings via Email Sign-up to receive the latest news and ratings for AIT and its competitors with MarketBeat's FREE daily newsletter. Industry, Sector and Symbol Stock Exchange NYSE Industry Machinery, equipment, & supplies Sub-IndustryTrading Companies & Distributors SectorIndustrial Products Current SymbolNYSE:AIT Previous Symbol CUSIP03820C10 Webwww.applied.com Phone216-426-4000Debt Debt-to-Equity Ratio1.04 Current Ratio2.75 Quick Ratio1.61Price-To-Earnings Trailing P/E Ratio16.18 Forward P/E Ratio13.21 P/E Growth1.06 Sales & Book Value Annual Sales$3.07 billion Price / Sales0.76 Cash Flow$5.3587 per share Price / Cash Flow11.29 Book Value$22.96 per share Price / Book2.64Profitability EPS (Most Recent Fiscal Year)$3.74 Net Income$141.62 million Net Margins4.80% Return on Equity20.03% Return on Assets7.40%Miscellaneous Employees6,634 Outstanding Shares38,760,000Market Cap$2.34 billion OptionableOptionable Applied Industrial Technologies (NYSE:AIT) Frequently Asked Questions What is Applied Industrial Technologies' stock symbol? Applied Industrial Technologies trades on the New York Stock Exchange (NYSE) under the ticker symbol "AIT." How often does Applied Industrial Technologies pay dividends? What is the dividend yield for Applied Industrial Technologies? Applied Industrial Technologies declared a quarterly dividend on Thursday, January 24th. Stockholders of record on Friday, February 15th will be paid a dividend of $0.31 per share on Thursday, February 28th. This represents a $1.24 dividend on an annualized basis and a dividend yield of 2.05%. The ex-dividend date is Thursday, February 14th. This is a positive change from Applied Industrial Technologies's previous quarterly dividend of $0.30. View Applied Industrial Technologies' Dividend History. How were Applied Industrial Technologies' earnings last quarter? Applied Industrial Technologies (NYSE:AIT) posted its quarterly earnings data on Thursday, January, 24th. The industrial products company reported $0.99 EPS for the quarter, missing the Zacks' consensus estimate of $1.06 by $0.07. The industrial products company earned $840 million during the quarter, compared to the consensus estimate of $855.94 million. Applied Industrial Technologies had a return on equity of 20.03% and a net margin of 4.80%. The firm's quarterly revenue was up 25.9% on a year-over-year basis. During the same quarter last year, the company earned $0.79 EPS. View Applied Industrial Technologies' Earnings History. When is Applied Industrial Technologies' next earnings date? Applied Industrial Technologies is scheduled to release their next quarterly earnings announcement on Thursday, April 25th 2019. View Earnings Estimates for Applied Industrial Technologies. What guidance has Applied Industrial Technologies issued on next quarter's earnings? Applied Industrial Technologies updated its FY19 earnings guidance on Thursday, January, 24th. The company provided earnings per share guidance of $4.45-4.65 for the period, compared to the Thomson Reuters consensus EPS estimate of $4.80. The company issued revenue guidance of +12.5-15.0% YoY to ~$3.46-3.52 billion, compared to the consensus revenue estimate of $3.60 billion.Applied Industrial Technologies also updated its FY 2019 guidance to $4.45-4.65 EPS. What price target have analysts set for AIT? 3 brokerages have issued 1-year price objectives for Applied Industrial Technologies' stock. Their forecasts range from $60.00 to $60.00. On average, they expect Applied Industrial Technologies' share price to reach $60.00 in the next year. This suggests that the stock has a possible downside of 0.8%. View Analyst Price Targets for Applied Industrial Technologies. What is the consensus analysts' recommendation for Applied Industrial Technologies? 3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Applied Industrial Technologies in the last year. There are currently 2 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Applied Industrial Technologies. Has Applied Industrial Technologies been receiving favorable news coverage? News coverage about AIT stock has been trending neutral this week, InfoTrie Sentiment reports. The research firm rates the sentiment of news coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Applied Industrial Technologies earned a news impact score of 0.3 on InfoTrie's scale. They also gave media coverage about the industrial products company a news buzz of 5.0 out of 10, indicating that recent news coverage is somewhat likely to have an impact on the company's share price in the next several days. Who are some of Applied Industrial Technologies' key competitors? Some companies that are related to Applied Industrial Technologies include A. O. Smith (AOS), Allegion (ALLE), Melrose Industries (MRO), Norsk Hydro ASA (NHYDY), Nordson (NDSN), ASAHI GLASS/ADR (ASGLY), James Hardie Industries (JHX), HD Supply (HDS), Graco (GGG), AB SKF (SKFRY), Pentair (PNR), CAE (CAE), Halma (HLMAF), Crown (CCK) and DAI NIPPON PRTG/S (DNPLY). Who are Applied Industrial Technologies' key executives? Applied Industrial Technologies' management team includes the folowing people: Mr. Neil A. Schrimsher, Pres, CEO & Director (Age 55)Mr. David K. Wells, VP, CFO & Treasurer (Age 57)Mr. Fred D. Bauer, VP, Gen. Counsel & Sec. (Age 53)Mr. Kurt W. Loring, VP & Chief Human Resource Officer (Age 50)Mr. Christopher Macey, Corp. Controller & Principal Accounting Officer (Age 46) Who are Applied Industrial Technologies' major shareholders? Applied Industrial Technologies' stock is owned by a number of of institutional and retail investors. Top institutional investors include BlackRock Inc. (16.42%), Dimensional Fund Advisors LP (3.13%), Macquarie Group Ltd. (2.67%), Victory Capital Management Inc. (1.74%), Northern Trust Corp (1.53%) and Bank of New York Mellon Corp (1.50%). Company insiders that own Applied Industrial Technologies stock include Green Edith Kelly, Joe Anthony Raver, L Thomas Hiltz, Mark O Eisele, Peter C Wallace and Todd A Barlett. View Institutional Ownership Trends for Applied Industrial Technologies. Which institutional investors are selling Applied Industrial Technologies stock? AIT stock was sold by a variety of institutional investors in the last quarter, including Bank of New York Mellon Corp, Barrow Hanley Mewhinney & Strauss LLC, GSA Capital Partners LLP, Barclays PLC, New York State Common Retirement Fund, Pegasus Partners Ltd., Stone Ridge Asset Management LLC and MetLife Investment Advisors LLC. Company insiders that have sold Applied Industrial Technologies company stock in the last year include Green Edith Kelly, L Thomas Hiltz and Peter C Wallace. View Insider Buying and Selling for Applied Industrial Technologies. Which institutional investors are buying Applied Industrial Technologies stock? AIT stock was acquired by a variety of institutional investors in the last quarter, including BlackRock Inc., Macquarie Group Ltd., Millennium Management LLC, Hsbc Holdings PLC, Bank of America Corp DE, Geode Capital Management LLC, ClariVest Asset Management LLC and SG Americas Securities LLC. View Insider Buying and Selling for Applied Industrial Technologies. How do I buy shares of Applied Industrial Technologies? Shares of AIT can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab. What is Applied Industrial Technologies' stock price today? One share of AIT stock can currently be purchased for approximately $60.50. How big of a company is Applied Industrial Technologies? Applied Industrial Technologies has a market capitalization of $2.34 billion and generates $3.07 billion in revenue each year. The industrial products company earns $141.62 million in net income (profit) each year or $3.74 on an earnings per share basis. Applied Industrial Technologies employs 6,634 workers across the globe. What is Applied Industrial Technologies' official website? The official website for Applied Industrial Technologies is http://www.applied.com. How can I contact Applied Industrial Technologies? Applied Industrial Technologies' mailing address is ONE APPLIED PLAZA, CLEVELAND OH, 44115. The industrial products company can be reached via phone at 216-426-4000 or via email at [email protected] MarketBeat Community Rating for Applied Industrial Technologies (NYSE AIT)Community Ranking: 1.8 out of 5 ()Outperform Votes: 137 (Vote Outperform)Underperform Votes: 253 (Vote Underperform)Total Votes: 390MarketBeat's community ratings are surveys of what our community members think about Applied Industrial Technologies and other stocks. Vote "Outperform" if you believe AIT will outperform the S&P 500 over the long term. Vote "Underperform" if you believe AIT will underperform the S&P 500 over the long term. You may vote once every thirty days. This page was last updated on 2/21/2019 by MarketBeat.com StaffFeatured Article: What does earnings per share mean?