NYSE:AIT - Applied Industrial Technologies Stock Price, News, & Analysis

Applied Industrial Technologies trades on the New York Stock Exchange (NYSE) under the ticker symbol "AIT."

Applied Industrial Technologies announced a quarterly dividend on Wednesday, October 31st. Shareholders of record on Thursday, November 15th will be given a dividend of $0.30 per share on Friday, November 30th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 1.99%. The ex-dividend date of this dividend is Wednesday, November 14th. View Applied Industrial Technologies' Dividend History.

Applied Industrial Technologies (NYSE:AIT) issued its quarterly earnings results on Wednesday, October, 31st. The industrial products company reported $1.24 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $1.12 by $0.12. The industrial products company had revenue of $864.50 million for the quarter, compared to the consensus estimate of $874.74 million. Applied Industrial Technologies had a return on equity of 19.66% and a net margin of 4.82%. The firm's revenue for the quarter was up 27.0% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.86 EPS. View Applied Industrial Technologies' Earnings History.

Applied Industrial Technologies is scheduled to release their next quarterly earnings announcement on Thursday, January 24th 2019. View Earnings Estimates for Applied Industrial Technologies.

Applied Industrial Technologies will be holding an earnings conference call on Thursday, January 24th at 10:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 8773114351.

Applied Industrial Technologies issued an update on its FY19 earnings guidance on Wednesday, October, 31st. The company provided earnings per share (EPS) guidance of $4.55-4.75 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $4.68. The company issued revenue guidance of $3.56-$3.63 billion, compared to the consensus revenue estimate of $3.61 billion.Applied Industrial Technologies also updated its FY 2019 guidance to $4.65-4.85 EPS.

4 equities research analysts have issued 12 month target prices for Applied Industrial Technologies' shares. 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 0.7%. View Analyst Price Targets for Applied Industrial Technologies.

4 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 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Applied Industrial Technologies.

Media headlines about AIT stock have been trending negative this week, according to InfoTrie Sentiment Analysis. The research firm rates the sentiment of media coverage by reviewing 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 nearest to five being the most favorable. Applied Industrial Technologies earned a media sentiment score of -2.0 on InfoTrie's scale. They also assigned news stories about the industrial products company a news buzz of 2.0 out of 10, meaning that recent media coverage is very unlikely to have an effect on the stock's share price in the near future.

Some companies that are related to Applied Industrial Technologies include Zebra Technologies (ZBRA), Packaging Corp Of America (PKG), Avery Dennison (AVY), A. O. Smith (AOS), Allegion (ALLE), AB SKF (SKFRY), ASAHI GLASS/ADR (ASGLY), Nordson (NDSN), Graco (GGG), Pentair (PNR), HD Supply (HDS), DAI NIPPON PRTG/S (DNPLY), Halma (HLMAF), Berry Global Group (BERY) and Middleby (MIDD).

Applied Industrial Technologies' stock is owned by a number of of institutional and retail investors. Top institutional shareholders include BTIM Corp. (1.16%), Copper Rock Capital Partners LLC (0.72%), Strs Ohio (0.15%), Fruth Investment Management (0.06%), Louisiana State Employees Retirement System (0.04%) and State of Alaska Department of Revenue (0.03%). 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.

AIT stock was sold by a variety of institutional investors in the last quarter, including BTIM Corp., Assenagon Asset Management S.A., Louisiana State Employees Retirement System, First Midwest Bank Trust Division, Fruth Investment Management and Bank of Montreal Can. Company insiders that have sold Applied Industrial Technologies company stock in the last year include Green Edith Kelly, L Thomas Hiltz, Peter C Wallace and Todd A Barlett. View Insider Buying and Selling for Applied Industrial Technologies.

AIT stock was purchased by a variety of institutional investors in the last quarter, including Strs Ohio, Copper Rock Capital Partners LLC, Alpha Windward LLC and State of Alaska Department of Revenue. View Insider Buying and Selling for 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.

One share of AIT stock can currently be purchased for approximately $60.42.

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.

The official website for Applied Industrial Technologies is http://www.applied.com.

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]