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. Stockholders of record on Thursday, November 15th will be paid a dividend of $0.30 per share on Friday, November 30th. This represents a $1.20 annualized dividend and a dividend yield of 1.86%. The ex-dividend date is Wednesday, November 14th. View Applied Industrial Technologies' Dividend History.

Applied Industrial Technologies (NYSE:AIT) posted its quarterly earnings data on Wednesday, October, 31st. The industrial products company reported $1.24 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $1.12 by $0.12. The industrial products company earned $864.50 million during 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%. Applied Industrial Technologies's revenue was up 27.0% on a year-over-year basis. During the same period in the previous year, the firm posted $0.86 earnings per share. 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 updated 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 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.

3 analysts have issued 12 month target prices for Applied Industrial Technologies' shares. Their predictions range from $75.00 to $75.00. On average, they expect Applied Industrial Technologies' share price to reach $75.00 in the next twelve months. This suggests a possible upside of 16.0% 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.

Media headlines about AIT stock have trended somewhat negative on Wednesday, according to InfoTrie Sentiment. The research firm ranks the sentiment of news coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Applied Industrial Technologies earned a news impact score of -1.9 on InfoTrie's scale. They also assigned headlines about the industrial products company a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an effect on the company's share price in the near term.

Some companies that are related to Applied Industrial Technologies include Zebra Technologies (ZBRA), Packaging Corp Of America (PKG), Allegion (ALLE), Avery Dennison (AVY), A. O. Smith (AOS), Pentair (PNR), Nordson (NDSN), Graco (GGG), Donaldson (DCI), HD Supply (HDS), Crown (CCK), AptarGroup (ATR), Berry Global Group (BERY), Middleby (MIDD) and Flowserve (FLS).

Applied Industrial Technologies' stock is owned by a variety of of institutional and retail investors. Top institutional investors include BlackRock Inc. (15.73%), JPMorgan Chase & Co. (6.10%), Dimensional Fund Advisors LP (3.09%), FMR LLC (2.83%), Wells Fargo & Company MN (2.59%) and Macquarie Group Ltd. (2.24%). 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 RE Advisers Corp, Prudential Financial Inc., Hsbc Holdings PLC, Grace & White Inc. NY, Wells Fargo & Company MN, Dupont Capital Management Corp, Neuberger Berman Group LLC and Robeco Institutional Asset Management B.V.. 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 acquired by a variety of institutional investors in the last quarter, including JPMorgan Chase & Co., FMR LLC, Macquarie Group Ltd., BlackRock Inc., Canada Pension Plan Investment Board, Rehmann Capital Advisory Group, Strs Ohio and Renaissance Technologies LLC. 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 $64.63.

Applied Industrial Technologies has a market capitalization of $2.53 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]