Applied Industrial Technologies, Inc. (AIT)

NYSE: AIT · Real-Time Price · USD
227.82
-0.91 (-0.40%)
May 2, 2025, 4:00 PM EDT - Market closed
-0.40%
Market Cap 8.66B
Revenue (ttm) 4.50B
Net Income (ttm) 388.64M
Shares Out 38.08M
EPS (ttm) 9.98
PE Ratio 22.79
Forward PE 21.78
Dividend $1.84 (0.81%)
Ex-Dividend Date May 15, 2025
Volume 723,005
Open 231.23
Previous Close 228.73
Day's Range 227.28 - 233.23
52-Week Range 180.94 - 282.98
Beta 0.99
Analysts Strong Buy
Price Target 283.75 (+24.55%)
Earnings Date May 1, 2025

About AIT

Applied Industrial Technologies, Inc. distributes industrial motion, power, control, and automation technology solutions in the United States, Canada, Mexico, Australia, New Zealand, Singapore, and Costa Rica. It operates in two segments, Service Center Based Distribution, and Engineered Solutions. The company distributes bearings, power transmission products, engineered fluid power components and systems, specialty flow control solutions, advanced automation products, industrial rubber products, linear motion components, automation solutions, ... [Read more]

Sector Industrials
Founded 1923
Employees 6,500
Stock Exchange NYSE
Ticker Symbol AIT
Full Company Profile

Financial Performance

In 2024, Applied Industrial Technologies's revenue was $4.48 billion, an increase of 1.51% compared to the previous year's $4.41 billion. Earnings were $385.76 million, an increase of 11.25%.

Financial Statements

Analyst Forecast

According to 8 analysts, the average rating for AIT stock is "Strong Buy." The 12-month stock price forecast is $283.75, which is an increase of 24.55% from the latest price.

Price Target
$283.75
(24.55% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Applied Industrial Technologies, Inc. (AIT) Q3 2025 Earnings Call Transcript

Applied Industrial Technologies, Inc. (AIT) Q3 2025 Earnings Call Transcript

3 days ago - Seeking Alpha

Applied Industrial Technologies Reports Fiscal 2025 Third Quarter Results; Announces Bolt-on Automation Acquisition & New Repurchase Authorization

CLEVELAND--(BUSINESS WIRE)--Applied Industrial Technologies (NYSE: AIT), a leading value-added distributor and technical solutions provider of industrial motion, fluid power, flow control, automation ...

3 days ago - Business Wire

Applied Industrial Technologies to Report Fiscal Third Quarter Earnings and Conduct Conference Call on May 1, 2025

CLEVELAND--(BUSINESS WIRE)--Applied Industrial Technologies (NYSE: AIT) today announced it will release its fiscal 2025 third quarter results on Thursday, May 1, 2025, before the market opens. The Com...

23 days ago - Business Wire

23 Upcoming Dividend Increases, Including 2 Kings

Excited to announce dividend hikes for 23 companies, including dividend kings SJW Group and California Water Service Group, with 5% and 7.1% increases. Companies with consistent dividend growth indica...

3 months ago - Seeking Alpha

Applied Industrial Technologies, Inc. (AIT) Q2 2025 Earnings Call Transcript

Applied Industrial Technologies, Inc. (NYSE:AIT) Q2 2025 Earnings Conference Call January 29, 2025 10:00 AM ET Company Participants Ryan Cieslak - Director, IR & Treasury Neil Schrimsher - President ...

3 months ago - Seeking Alpha

Applied Industrial Technologies Reports Fiscal 2025 Second Quarter Results

CLEVELAND--(BUSINESS WIRE)--Applied Industrial Technologies (NYSE: AIT), a leading value-added distributor and technical solutions provider of industrial motion, fluid power, flow control, automation ...

3 months ago - Business Wire

Applied Industrial Technologies to Report Fiscal Second Quarter Earnings and Conduct Conference Call on January 29, 2025

CLEVELAND--(BUSINESS WIRE)--Applied Industrial Technologies (NYSE: AIT) today announced it will release its fiscal 2025 second quarter results on Wednesday, January 29, 2025, before the market opens. ...

4 months ago - Business Wire

Applied Industrial Technologies: A Disciplined Growth Story

Applied Industrial Technologies leverages M&A for growth, focusing on high-margin segments like flow control and engineered solutions to drive long-term profitability. AIT benefits from reshoring tren...

4 months ago - Seeking Alpha

Applied Industrial Technologies Completes Acquisition of Hydradyne, LLC

CLEVELAND--(BUSINESS WIRE)--Applied Industrial Technologies (NYSE: AIT) today announced it completed the acquisition of Hydradyne, LLC on December 31, 2024. Based in Dallas, Texas with locations acros...

4 months ago - Business Wire

Applied Industrial Technologies to Acquire Hydradyne, LLC

CLEVELAND--(BUSINESS WIRE)--Applied Industrial Technologies (NYSE: AIT) announced today it has signed a definitive agreement to acquire Hydradyne, LLC (Hydradyne), a premier provider of fluid power so...

5 months ago - Business Wire

Applied Industrial Technologies Can Continue To Outperform

AIT's organic growth is expected to accelerate due to pent-up demand, reshoring, automation trends, and a strong acquisition pipeline. Margins should improve from operating leverage, productivity init...

6 months ago - Seeking Alpha

Applied Industrial Technologies, Inc. (AIT) Q1 2025 Earnings Call Transcript

Applied Industrial Technologies, Inc. (NYSE:AIT) Q1 2025 Earnings Conference Call October 24, 2024 10:00 AM ET Company Participants Ryan Cieslak - Director of IR, Treasury Neil Schrimsher - President...

6 months ago - Seeking Alpha

Applied Industrial Technologies Reports Fiscal 2025 First Quarter Results

CLEVELAND--(BUSINESS WIRE)--Applied Industrial Technologies (NYSE: AIT), a leading value-added distributor and technical solutions provider of industrial motion, fluid power, flow control, automation ...

6 months ago - Business Wire

Applied Industrial Technologies to Report Fiscal First Quarter Earnings and Conduct Conference Call on October 24, 2024

CLEVELAND--(BUSINESS WIRE)--Applied Industrial Technologies (NYSE: AIT) today announced it will release its fiscal 2025 first quarter results on Thursday, October 24, 2024, before the market opens. Th...

7 months ago - Business Wire

Applied Industrial Technologies Releases 2024 Environmental, Social, and Governance (ESG) Report

CLEVELAND--(BUSINESS WIRE)--Applied Industrial Technologies (NYSE: AIT), a leading value-added distributor and technical solutions provider of industrial motion, fluid power, flow control, automation ...

8 months ago - Business Wire

Applied Industrial Technologies: Another Year Of Stagnation

Applied Industrial Technologies shares have tripled recently, backed up by a strong operating performance and historically high margins. The company is a distribution powerhouse, providing industrial ...

9 months ago - Seeking Alpha

Applied Industrial Technologies, Inc. (AIT) Q4 2024 Earnings Call Transcript

Applied Industrial Technologies, Inc. (AIT) Q4 2024 Earnings Call Transcript

9 months ago - Seeking Alpha

Applied Industrial Technologies Reports Fiscal 2024 Fourth Quarter and Full-Year Results; Issues Guidance for Fiscal 2025

CLEVELAND--(BUSINESS WIRE)--Applied Industrial Technologies (NYSE: AIT), a leading value-added distributor and technical solutions provider of industrial motion, fluid power, flow control, automation ...

9 months ago - Business Wire

Applied Industrial Technologies Elects New Board Member

CLEVELAND--(BUSINESS WIRE)--Applied Industrial Technologies (NYSE: AIT), a leading value-added distributor and technical solutions provider of industrial motion, fluid power, flow control, automation ...

9 months ago - Business Wire

Applied Industrial Technologies to Report Fiscal Fourth Quarter Earnings and Conduct Conference Call on August 15, 2024

CLEVELAND--(BUSINESS WIRE)--Applied Industrial Technologies (NYSE: AIT) today announced it will release its fiscal 2024 fourth quarter results on Thursday, August 15, 2024, before the market opens. Th...

10 months ago - Business Wire

Applied Industrial Technologies Declares Quarterly Dividend and Announces Annual Meeting Date

CLEVELAND--(BUSINESS WIRE)--Applied Industrial Technologies (NYSE: AIT) announced today that its Board of Directors declared a quarterly cash dividend of $0.37 per common share. The dividend will be p...

11 months ago - Business Wire

Applied Industrial Technologies: Growth Should Accelerate

Applied Industrial Technologies is expected to experience a reacceleration in revenue growth due to improving short-cycle indicators and easing year-over-year comparisons. The company's strong balance...

1 year ago - Seeking Alpha

Applied Industrial Technologies Announces Closing of Grupo Kopar Acquisition

CLEVELAND--(BUSINESS WIRE)--Applied Industrial Technologies (NYSE: AIT) today announced the closing of its acquisition of Grupo Kopar (Kopar), a provider of emerging automation technologies and engine...

1 year ago - Business Wire

Applied Industrial Technologies Reports Fiscal 2024 Third Quarter Results and Announces Strategic Automation Acquisition

CLEVELAND--(BUSINESS WIRE)--Applied Industrial Technologies (NYSE: AIT), a leading value-added distributor and technical solutions provider of industrial motion, fluid power, flow control, automation ...

1 year ago - Business Wire

Applied Industrial Technologies to Report Third Quarter Earnings and Conduct Conference Call on April 25, 2024

CLEVELAND--(BUSINESS WIRE)--Applied Industrial Technologies (NYSE: AIT) today announced it will release its fiscal 2024 third quarter results on Thursday, April 25, 2024, before the market opens. The ...

1 year ago - Business Wire