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 annualized dividend and a dividend 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) released its quarterly earnings results on Thursday, April, 26th. The industrial products company reported $0.93 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.82 by $0.11. The industrial products company had revenue of $827.67 million for 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 revenue for the quarter was up 21.8% compared to the same quarter last year. During the same period last year, the company posted $0.75 EPS. View Applied Industrial Technologies' Earnings History.

Applied Industrial Technologies is scheduled to release their next quarterly earnings announcement on Friday, August, 10th 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 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.

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Applied Industrial Technologies in the last year. There are currently 2 hold ratings for the stock, resulting in a consensus recommendation of "Hold."

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

Headlines about AIT stock have been trending somewhat positive this week, Accern Sentiment reports. The research firm identifies negative and positive press coverage by analyzing more than 20 million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Applied Industrial Technologies earned a coverage optimism score of 0.17 on Accern's scale. They also assigned news stories about the industrial products company an impact score of 45.92 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock's share price in the next few days.

Applied Industrial Technologies' stock is owned by a number of of institutional and retail investors. Top institutional investors include Copper Rock Capital Partners LLC (0.65%), Sit Investment Associates Inc. (0.08%), Municipal Employees Retirement System of Michigan (0.04%), Alpha Windward LLC (0.02%) and Amalgamated Bank (0.02%). 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 Copper Rock Capital Partners LLC and Municipal Employees Retirement System of Michigan. 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 Alpha Windward LLC, Sit Investment Associates Inc. and Amalgamated Bank. 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 $76.45.

Applied Industrial Technologies has a market capitalization of $2.86 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]