NYSE:AIT - Applied Industrial Technologies Stock Price, News, & Analysis Sign in or create an account to add this stock to your watchlist. Get Started $56.68 +0.56 (+1.00 %) (As of 03/26/2019 03:12 AM ET)Previous Close$56.12Today's Range$55.94 - $56.8652-Week Range$50.56 - $82.35Volume192,188 shsAverage Volume217,493 shsMarket Capitalization$2.20 billionP/E Ratio15.16Dividend Yield2.21%Beta1.29 ProfileDiscussionAnalyst RatingsChartDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsSocial Media Share on FacebookShare on TwitterShare on LinkedInShare on RedditShare on StocktwitsPrint this articleShare by Email Applied Industrial Technologies, Inc. distributes industrial products in North America, 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 and Flow Control. The company distributes bearings, power transmission products, engineered fluid power components and systems, specialty flow control solutions, industrial rubber products, linear motion components, tools, safety products, oilfield supplies, and other industrial and maintenance supplies; and hydraulic, pneumatic, lubrication, filtration, and flow control components and systems. It also operates fabricated rubber shops that modify and repair conveyor belts, as well as provide hose assemblies; and rubber service 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 flow control and technical support services. It offers industrial products through a network of service centers. The company serves various industries, including agriculture and food processing, cement, chemicals and petrochemicals, fabricated metals, forest products, industrial machinery and equipment, mining, oil and gas, primary metals, transportation, and utilities, as well as to government entities. Applied Industrial Technologies, Inc. was founded in 1923 and is headquartered in Cleveland, Ohio. Receive AIT News and Ratings via Email Sign-up to receive the latest news and ratings for AIT and its competitors with MarketBeat's FREE daily newsletter. Industry, Sector and Symbol Stock Exchange NYSE Industry Machinery, equipment, & supplies Sub-IndustryTrading Companies & Distributors SectorIndustrial Products Current SymbolNYSE:AIT Previous Symbol CUSIP03820C10 CIK109563 Webwww.applied.com Phone216-426-4000Debt Debt-to-Equity Ratio1.04 Current Ratio2.75 Quick Ratio1.61Price-To-Earnings Trailing P/E Ratio15.16 Forward P/E Ratio12.38 P/E Growth1.02 Sales & Book Value Annual Sales$3.07 billion Price / Sales0.71 Cash Flow$5.1810 per share Price / Cash Flow10.94 Book Value$21.06 per share Price / Book2.69Profitability EPS (Most Recent Fiscal Year)$3.74 Net Income$141.62 million Net Margins4.80% Return on Equity20.03% Return on Assets7.40%Miscellaneous Employees6,634 Outstanding Shares38,760,000Market Cap$2.20 billion Next Earnings Date4/25/2019 (Estimated) OptionableOptionable 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 announced a quarterly dividend on Thursday, January 24th. Investors of record on Friday, February 15th will be given a dividend of $0.31 per share on Thursday, February 28th. This represents a $1.24 annualized dividend and a dividend yield of 2.19%. The ex-dividend date of this dividend is Thursday, February 14th. This is an increase from Applied Industrial Technologies's previous quarterly dividend of $0.30. 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, January, 24th. The industrial products company reported $0.99 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.06 by $0.07. The industrial products company had revenue of $840 million for the quarter, compared to the consensus estimate of $855.94 million. Applied Industrial Technologies had a return on equity of 20.03% and a net margin of 4.80%. The firm's revenue for the quarter was up 25.9% compared to the same quarter last year. During the same quarter last year, the company posted $0.79 earnings per share. 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, April 25th 2019. 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 FY19 earnings guidance on Thursday, January, 24th. The company provided earnings per share guidance of $4.45-4.65 for the period, compared to the Thomson Reuters consensus EPS estimate of $4.80. The company issued revenue guidance of +12.5-15.0% YoY to ~$3.46-3.52 billion, compared to the consensus revenue estimate of $3.60 billion.Applied Industrial Technologies also updated its FY 2019 guidance to $4.45-4.65 EPS. What price target have analysts set for AIT? 4 brokerages have issued 12-month target prices for Applied Industrial Technologies' shares. Their forecasts range from $60.00 to $70.00. On average, they anticipate Applied Industrial Technologies' stock price to reach $65.00 in the next twelve months. This suggests a possible upside of 14.7% from the stock's current price. View Analyst Price Targets for Applied Industrial Technologies. What is the consensus analysts' recommendation for Applied Industrial Technologies? 4 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 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Applied Industrial Technologies. Has Applied Industrial Technologies been receiving favorable news coverage? News articles about AIT stock have trended somewhat negative this week, InfoTrie Sentiment Analysis reports. The research group rates the sentiment of media coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Applied Industrial Technologies earned a news impact score of -1.2 on InfoTrie's scale. They also gave news articles about the industrial products company a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an impact on the company's share price in the next few days. Who are some of Applied Industrial Technologies' key competitors? Some companies that are related to Applied Industrial Technologies include Halma (HLMAF), Norsk Hydro ASA (NHYDY), Allegion (ALLE), James Hardie Industries (JHX), ASAHI GLASS/ADR (ASGLY), Graco (GGG), CAE (CAE), SKF (SKFRY), Nordson (NDSN), Crown (CCK), Pentair (PNR), HD Supply (HDS), Sealed Air (SEE), Middleby (MIDD) and Berry Global Group (BERY). What other stocks do shareholders of Applied Industrial Technologies own? Based on aggregate information from My MarketBeat watchlists, some companies that other Applied Industrial Technologies investors own include AbbVie (ABBV), Danaher (DHR), Mastercard (MA), eBay (EBAY), Intel (INTC), Micron Technology (MU), QUALCOMM (QCOM), Texas Instruments (TXN), AmerisourceBergen (ABC) and Baxter International (BAX). Who are Applied Industrial Technologies' key executives? Applied Industrial Technologies' management team includes the folowing people: Mr. Neil A. Schrimsher, Pres, CEO & Director (Age 55)Mr. David K. Wells, VP, CFO & Treasurer (Age 57)Mr. Fred D. Bauer, VP, Gen. Counsel & Sec. (Age 53)Mr. Kurt W. Loring, VP & Chief Human Resource Officer (Age 50)Mr. Christopher Macey, Corp. Controller & Principal Accounting Officer (Age 46) Who are Applied Industrial Technologies' major shareholders? Applied Industrial Technologies' stock is owned by a number of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (16.42%), Dimensional Fund Advisors LP (3.13%), FMR LLC (2.75%), Macquarie Group Ltd. (2.67%), Norges Bank (2.15%) and Victory Capital Management Inc. (1.74%). 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. Which institutional investors are selling Applied Industrial Technologies stock? AIT stock was sold by a variety of institutional investors in the last quarter, including FMR LLC, Bank of New York Mellon Corp, Barrow Hanley Mewhinney & Strauss LLC, GSA Capital Partners LLP, Barclays PLC, New York State Common Retirement Fund, Pegasus Partners Ltd. and Stone Ridge Asset Management LLC. Company insiders that have sold Applied Industrial Technologies company stock in the last year include Green Edith Kelly, L Thomas Hiltz and Peter C Wallace. View Insider Buying and Selling for Applied Industrial Technologies. Which institutional investors are buying Applied Industrial Technologies stock? AIT stock was purchased by a variety of institutional investors in the last quarter, including Norges Bank, BlackRock Inc., Macquarie Group Ltd., Millennium Management LLC, Hsbc Holdings PLC, Bank of America Corp DE, Geode Capital Management LLC and Geode Capital Management LLC. 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 $56.68. How big of a company is Applied Industrial Technologies? Applied Industrial Technologies has a market capitalization of $2.20 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. What is Applied Industrial Technologies' official website? The official website for Applied Industrial Technologies is http://www.applied.com. 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 (NYSE AIT)Community Ranking: 1.8 out of 5 ()Outperform Votes: 142 (Vote Outperform)Underperform Votes: 262 (Vote Underperform)Total Votes: 404MarketBeat'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 3/26/2019 by MarketBeat.com StaffFeatured Article: Why is cost of goods sold important?