Applied Industrial Technologies, Inc. (AIT)

Market Cap	8.49B
Revenue (ttm)	4.50B
Net Income (ttm)	388.64M
Shares Out	38.08M
EPS (ttm)	9.98
PE Ratio	22.32
Forward PE	21.40
Dividend	$1.84 (0.83%)
Ex-Dividend Date	May 15, 2025

Volume	272,715
Open	218.48
Previous Close	223.24
Day's Range	218.48 - 224.23
52-Week Range	181.35 - 282.98
Beta	0.99
Analysts	Strong Buy
Price Target	283.75 (+27.35%)
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, ...

• Industry: Industrial Distribution
• Sector: Industrials
• Founded: 1923
• Employees: 6,500
• Stock Exchange: NYSE
• Ticker Symbol: AIT
• Website: https://www.applied.com

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%.

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 27.35% from the latest price.

Price Target

$283.75

(27.35% upside)

Analyst Consensus: Strong Buy