NYSE:AIT - Applied Industrial Technologies Stock Price, Price Target & More

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 dividend yield of 1.60%. The ex-dividend date is Tuesday, August 14th. View Applied Industrial Technologies' Dividend History.

Applied Industrial Technologies (NYSE:AIT) issued its quarterly earnings data on Thursday, April, 26th. The industrial products company reported $0.93 EPS for the quarter, beating the Zacks' consensus estimate of $0.82 by $0.11. The industrial products company earned $827.67 million during the quarter, compared to analyst estimates of $803.23 million. Applied Industrial Technologies had a return on equity of 17.52% and a net margin of 5.40%. Applied Industrial Technologies's quarterly revenue was up 21.8% compared to the same quarter last year. During the same period last year, the business earned $0.75 EPS. View Applied Industrial Technologies' Earnings History.

Applied Industrial Technologies is scheduled to release their next quarterly earnings announcement on Thursday, August, 9th 2018. View Earnings Estimates for Applied Industrial Technologies.

Applied Industrial Technologies issued an update on its FY18 earnings guidance on Thursday, April, 26th. The company provided earnings per share guidance of $3.51-3.61 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $3.35. The company issued revenue guidance of $3.048-3.074 billion, compared to the consensus revenue estimate of $3.00 billion.

3 analysts have issued 1-year target prices for Applied Industrial Technologies' stock. Their predictions range from $63.00 to $63.00. On average, they anticipate Applied Industrial Technologies' stock price to reach $63.00 in the next year. View Analyst Ratings for Applied Industrial Technologies.

Some companies that are related to Applied Industrial Technologies include Dover (DOV), Packaging Corp Of America (PKG), IDEX (IEX), BRAMBLES Ltd/S (BXBLY), A. O. Smith (AOS), James Hardie Industries (JHX), Snc-Lavalin Group (SNC), Avery Dennison (AVY), ASAHI GLASS/ADR (ASGLY), KION Grp AG/ADR (KIGRY), AB SKF (SKFRY), Alcoa (AA), Fortune Brands Home & Security (FBHS), Zebra Technologies (ZBRA) and HD Supply (HDS).

Headlines about AIT stock have trended somewhat positive on Sunday, according to Accern Sentiment. The research firm identifies negative and positive news coverage by analyzing more than twenty million news and blog sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Applied Industrial Technologies earned a media sentiment score of 0.13 on Accern's scale. They also assigned news articles about the industrial products company an impact score of 46.94 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company's share price in the next few days.

Applied Industrial Technologies' stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (14.72%), JPMorgan Chase & Co. (4.37%), Wells Fargo & Company MN (3.19%), Dimensional Fund Advisors LP (3.06%), Victory Capital Management Inc. (2.14%) and Neuberger Berman Group LLC (1.64%). 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 Principal Financial Group Inc., Principal Financial Group Inc., BlackRock Inc., Millennium Management LLC, JPMorgan Chase & Co., Fiduciary Management Inc. WI, Victory Capital Management Inc. and Palisade Capital Management LLC NJ. 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 purchased by a variety of institutional investors in the last quarter, including Wells Fargo & Company MN, Redwood Investments LLC, Hsbc Holdings PLC, WBI Investments Inc., Eaton Vance Management, ClariVest Asset Management LLC, Intrinsic Edge Capital Management LLC and Pegasus Partners Ltd.. 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 $74.80.

Applied Industrial Technologies has a market capitalization of $2.88 billion and generates $2.59 billion in revenue each year. The industrial products company earns $133.91 million in net income (profit) each year or $2.84 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]