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 Thursday, June 21st. Investors of record on Wednesday, August 15th will be given a dividend of $0.30 per share on Friday, August 31st. This represents a $1.20 dividend on an annualized basis and a yield of 1.57%. The ex-dividend date of this dividend is Tuesday, August 14th. View Applied Industrial Technologies' Dividend History.

Applied Industrial Technologies (NYSE:AIT) posted its quarterly earnings data on Friday, August, 10th. The industrial products company reported $1.03 earnings per share for the quarter, beating analysts' consensus estimates of $1.00 by $0.03. The industrial products company had revenue of $897.70 million for the quarter, compared to the consensus estimate of $882.74 million. Applied Industrial Technologies had a return on equity of 18.34% and a net margin of 4.61%. The company's revenue was up 135.3% on a year-over-year basis. During the same period last year, the company earned $0.78 earnings per share. View Applied Industrial Technologies' Earnings History.

Applied Industrial Technologies is scheduled to release their next quarterly earnings announcement on Wednesday, October, 24th 2018. View Earnings Estimates for Applied Industrial Technologies.

Applied Industrial Technologies updated its FY19 earnings guidance on Friday, August, 10th. The company provided EPS guidance of $4.48-4.68 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $4.67. The company issued revenue guidance of +16-18% to ~$3.56-3.63 billion, compared to the consensus revenue estimate of $3.56 billion.

3 equities research analysts have issued 1-year price targets for Applied Industrial Technologies' shares. Their predictions range from $80.00 to $80.00. On average, they anticipate Applied Industrial Technologies' stock price to reach $80.00 in the next year. This suggests a possible upside of 4.7% from the stock's current price. View Analyst Price Targets 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.

Some companies that are related to Applied Industrial Technologies include Packaging Corp Of America (PKG), James Hardie Industries (JHX), Snc-Lavalin Group (SNC), A. O. Smith (AOS), Avery Dennison (AVY), ASAHI GLASS/ADR (ASGLY), AB SKF (SKFRY), Zebra Technologies (ZBRA), Alcoa (AA), HD Supply (HDS), Graco (GGG), Fortune Brands Home & Security (FBHS), Allegion (ALLE), Nordson (NDSN) and Alstom (ALO).

Press coverage about AIT stock has been trending somewhat positive recently, according to Accern. The research firm identifies positive and negative press coverage by monitoring more than 20 million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Applied Industrial Technologies earned a media and rumor sentiment score of 0.11 on Accern's scale. They also assigned media coverage about the industrial products company an impact score of 47.20 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company's share price in the near future. View Recent Headlines for Applied Industrial Technologies.

Applied Industrial Technologies' stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (15.49%), RE Advisers Corp (3.09%), Dimensional Fund Advisors LP (3.08%), Wells Fargo & Company MN (2.66%), FMR LLC (2.35%) and Fuller & Thaler Asset Management Inc. (1.90%). Company insiders that own Applied Industrial Technologies stock include Fred D Bauer, Green Edith Kelly, Joe Anthony Raver, L Thomas Hiltz, Mark O Eisele, Peter A Dorsman, 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 Wells Fargo & Company MN, Victory Capital Management Inc., RE Advisers Corp, Intrinsic Edge Capital Management LLC, Redwood Investments LLC, Millennium Management LLC, Copper Rock Capital Partners LLC and Zacks Investment Management. Company insiders that have sold Applied Industrial Technologies company stock in the last year include Green Edith Kelly, Mark O Eisele, Peter C Wallace and Todd A Barlett. View Insider Buying and Selling for Applied Industrial Technologies.

AIT stock was bought by a variety of institutional investors in the last quarter, including FMR LLC, BlackRock Inc., Fuller & Thaler Asset Management Inc., Point72 Asset Management L.P., Macquarie Group Ltd., GSA Capital Partners LLP, SG Americas Securities LLC and Dupont Capital Management Corp. 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 $76.40.

Applied Industrial Technologies has a market capitalization of $2.79 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 5,554 workers across the globe.

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]