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, April 26th. Shareholders of record on Tuesday, May 15th will be given a dividend of $0.30 per share on Thursday, May 31st. This represents a $1.20 annualized dividend and a yield of 1.58%. The ex-dividend date of this dividend is Monday, May 14th. View Applied Industrial Technologies' Dividend History.

Applied Industrial Technologies (NYSE:AIT) announced its earnings results on Thursday, April, 26th. The industrial products company reported $0.93 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $0.82 by $0.11. The industrial products company had revenue of $827.67 million for the quarter, compared to the consensus estimate of $803.23 million. Applied Industrial Technologies had a net margin of 5.40% and a return on equity of 17.52%. The firm's quarterly revenue was up 21.8% on a year-over-year basis. During the same quarter in the prior year, the business 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 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 EPS 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.

3 analysts have issued 12-month target prices for Applied Industrial Technologies' shares. Their predictions range from $63.00 to $63.00. On average, they expect Applied Industrial Technologies' share 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), AB SKF (SKFRY), KION Grp AG/ADR (KIGRY), Alcoa (AA), Zebra Technologies (ZBRA), Fortune Brands Home & Security (FBHS) and HD Supply (HDS).

News headlines about AIT stock have trended somewhat positive on Thursday, Accern reports. Accern identifies positive and negative press coverage by monitoring more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Applied Industrial Technologies earned a media sentiment score of 0.18 on Accern's scale. They also assigned media headlines about the industrial products company an impact score of 46.47 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company's share price in the immediate future.

Applied Industrial Technologies' stock is owned by a variety of of institutional and retail 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.

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 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.

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 $75.80.

Applied Industrial Technologies has a market capitalization of $2.92 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]