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

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$74.80 +0.40 (+0.54 %)
(As of 06/22/2018 04:00 PM ET)
Previous Close$74.40
Today's Range$74.30 - $75.05
52-Week Range$54.00 - $76.20
Volume205,900 shs
Average Volume240,727 shs
Market Capitalization$2.93 billion
P/E Ratio26.20
Dividend Yield1.58%
Applied Industrial Technologies logoApplied Industrial Technologies, Inc. distributes industrial products in the United States, Puerto Rico, Canada, Mexico, Australia, New Zealand, and Singapore. The company offers its products for maintenance, repair, and operational, as well as original equipment manufacturing customers. It operates in two segments, Service Center-Based Distribution and Fluid Power Businesses. The company distributes bearings, power transmission components, fluid power components and systems, industrial rubber products, linear motion components, tools, safety products, oilfield supplies, and other industrial and maintenance supplies; and fluid power products, such as hydraulic, pneumatic, lubrication, and filtration components and systems. It also operates fabricated rubber shops that modify and repair conveyor belts, as well as provide hose assemblies; and field crews to install and repair conveyor belts and rubber lining at customer locations. In addition, the company rebuilds or assembles speed reducers, pumps, valves, cylinders, and electric and hydraulic motors, as well as custom machining products; and offers equipment repair services and technical advice to customers. It offers industrial products through a network of service centers; and fluid power products directly to customers or through service centers. The company serves various industries, including agriculture and food processing, automotive, chemicals and petrochemicals, fabricated metals, forest products, industrial machinery and equipment, mining, oil and gas, primary metals, transportation, and utilities, as well as government entities. Applied Industrial Technologies, Inc. was founded in 1923 and is headquartered in Cleveland, Ohio.

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Industry, Sector and Symbol

Industry Machinery, equipment, & supplies
Sub-IndustryTrading Companies & Distributors
SectorIndustrial Products


Debt-to-Equity Ratio1.26
Current Ratio2.84
Quick Ratio1.67


Trailing P/E Ratio26.20
Forward P/E Ratio20.27
P/E Growth1.71

Sales & Book Value

Annual Sales$2.59 billion
Price / Sales1.12
Cash Flow$3.8756 per share
Price / Cash19.30
Book Value$19.09 per share
Price / Book3.92


EPS (Most Recent Fiscal Year)$2.84
Net Income$133.91 million
Net Margins5.40%
Return on Equity17.52%
Return on Assets8.43%


Outstanding Shares38,700,000

Applied Industrial Technologies (NYSE:AIT) Frequently Asked Questions

What is Applied Industrial Technologies' stock symbol?

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

How often does Applied Industrial Technologies pay dividends? What is the dividend yield for Applied Industrial Technologies?

Applied Industrial Technologies declared 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 yield of 1.60%. View Applied Industrial Technologies' Dividend History.

How were Applied Industrial Technologies' earnings last quarter?

Applied Industrial Technologies (NYSE:AIT) posted its quarterly earnings results on Thursday, April, 26th. The industrial products company reported $0.93 earnings per share for the quarter, beating the 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%. The firm's quarterly revenue was up 21.8% compared to the same quarter last year. During the same period in the previous year, the business posted $0.75 EPS. View Applied Industrial Technologies' Earnings History.

When is Applied Industrial Technologies' next earnings date?

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

What guidance has Applied Industrial Technologies issued on next quarter's earnings?

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 EPS 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.

What price target have analysts set for AIT?

3 brokerages have issued 12-month price objectives 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.

Who are some of Applied Industrial Technologies' key competitors?

Who are Applied Industrial Technologies' key executives?

Applied Industrial Technologies' management team includes the folowing people:
  • Mr. Neil A. Schrimsher, Pres, CEO & Director (Age 54)
  • Mr. Fred D. Bauer, VP, Gen. Counsel & Sec. (Age 52)
  • Mr. Kurt W. Loring, VP & Chief Human Resource Officer (Age 49)
  • Mr. Todd A. Barlett, VP of Acquisitions & Global Bus. Devel. (Age 63)
  • Mr. David K. Wells, VP, CFO & Treasurer

Has Applied Industrial Technologies been receiving favorable news coverage?

News stories about AIT stock have trended somewhat positive recently, according to Accern Sentiment Analysis. The research firm identifies positive and negative media 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 -1 to 1, with scores closest to one being the most favorable. Applied Industrial Technologies earned a daily sentiment score of 0.22 on Accern's scale. They also assigned news headlines about the industrial products company an impact score of 45.38 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock's share price in the next several days.

Who are Applied Industrial Technologies' major shareholders?

Applied Industrial Technologies' stock is owned by many different of retail and institutional investors. Top institutional investors 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.

Which major investors are selling Applied Industrial Technologies stock?

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.

Which major investors are buying Applied Industrial Technologies stock?

AIT stock was acquired 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.

How do I buy shares of 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.

What is Applied Industrial Technologies' stock price today?

One share of AIT stock can currently be purchased for approximately $74.80.

How big of a company is Applied Industrial Technologies?

Applied Industrial Technologies has a market capitalization of $2.93 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.

How can I contact Applied Industrial Technologies?

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]

MarketBeat Community Rating for Applied Industrial Technologies (AIT)

Community Ranking:  1.8 out of 5 (star)
Outperform Votes:  107 (Vote Outperform)
Underperform Votes:  197 (Vote Underperform)
Total Votes:  304
MarketBeat's community ratings are surveys of what our community members think about Applied Industrial Technologies and other stocks. Vote "Outperform" if you believe AIT will outperform the S&P 500 over the long term. Vote "Underperform" if you believe AIT will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 6/22/2018 by MarketBeat.com Staff

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