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 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 dividend on an annualized basis and a yield of 1.59%. The ex-dividend date of this dividend is Tuesday, August 14th. View Applied Industrial Technologies' Dividend History.

Applied Industrial Technologies (NYSE:AIT) announced its quarterly earnings results on Thursday, April, 26th. The industrial products company reported $0.93 earnings per share for the quarter, topping analysts' consensus estimates of $0.82 by $0.11. The industrial products company earned $827.67 million during the quarter, compared to analysts' expectations of $803.23 million. Applied Industrial Technologies had a net margin of 5.40% and a return on equity of 17.52%. The business's revenue was up 21.8% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.75 earnings per share. 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 updated its FY18 earnings guidance on Thursday, April, 26th. The company provided earnings per share (EPS) 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 Norsk Hydro ASA (NHYDY), 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), ASAHI GLASS/ADR (ASGLY), AB SKF (SKFRY), HD Supply (HDS), Fortune Brands Home & Security (FBHS), KION Grp AG/ADR (KIGRY), Graco (GGG) and Pentair (PNR).

Press coverage about AIT stock has trended somewhat positive on Sunday, according to Accern Sentiment. The research firm ranks the sentiment of news coverage by reviewing more than twenty million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Applied Industrial Technologies earned a media sentiment score of 0.20 on Accern's scale. They also assigned news coverage about the industrial products company an impact score of 49.55 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock's share price in the near term.

Applied Industrial Technologies' stock is owned by a number of of institutional and retail investors. Top institutional shareholders 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 purchased 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 $75.60.

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.

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]