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Applied Industrial Technologies, Inc. (AIT)

Stock Price: $101.20 USD -1.49 (-1.45%)
Updated May 18, 2021 1:52 PM EDT - Market open
Market Cap 3.99B
Revenue (ttm) 3.07B
Net Income (ttm) 115.50M
Shares Out 38.84M
EPS (ttm) 2.93
PE Ratio 34.55
Forward PE n/a
Dividend $1.29
Dividend Yield 1.27%
Trading Day May 18
Last Price $101.20
Previous Close $102.69
Change ($) -1.49
Change (%) -1.45%
Day's Open 102.10
Day's Range 100.88 - 103.01
Day's Volume 72,334
52-Week Range 51.62 - 106.71

News

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Applied Industrial (AIT) is poised to benefit from strong demand for its products, acquired assets, operational excellence initiatives and shareholder-friendly policies.

1 hour ago - Zacks Investment Research

Does Applied Industrial Technologies (AIT) have what it takes to be a top stock pick for momentum investors? Let's find out.

4 days ago - Zacks Investment Research

Top Ranked Momentum Stocks to Buy for May 6th

Other stocks mentioned: AVNT, ECHO, FFIC
1 week ago - Zacks Investment Research

People have been spending more on goods than services during the pandemic which is giving a boost to manufacturing activity which is helping stocks like Caterpillar (CAT), Deere & Company (DE) and Dover...

Other stocks mentioned: CAT, DE, DOV, GGG
1 week ago - Zacks Investment Research

Applied Industrial's (AIT) third-quarter fiscal 2021 revenues increase 1.2% year over year on account of impressive performance across its Fluid Power & Flow Control segment.

2 weeks ago - Zacks Investment Research

Applied Industrial Technologies (AIT) delivered earnings and revenue surprises of 35.64% and 3.40%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the s...

2 weeks ago - Zacks Investment Research

Shares of Applied Industrial (NYSE:AIT) fell 0.2% in pre-market trading after the company reported Q3 results. Quarterly Results Earnings per share were up 34.31% year over year to $1.37, which beat the...

2 weeks ago - Benzinga

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 te...

2 weeks ago - Business Wire

Applied Industrial Technologies (AIT) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.

3 weeks ago - Zacks Investment Research

Applied Industrial Technologies (AIT) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

3 weeks ago - Zacks Investment Research

If you are looking for stocks that are well positioned to maintain their recent uptrend, Applied Industrial Technologies (AIT) could be a great choice. It is one of the several stocks that passed throug...

1 month ago - Zacks Investment Research

Applied Industrial Technologies (AIT) could produce exceptional returns because of its solid growth attributes.

1 month ago - Zacks Investment Research

CLEVELAND--(BUSINESS WIRE)--Applied Industrial Technologies Q3 FY21 Earnings Date news release.

1 month ago - Business Wire

Applied Industrial Technologies (AIT) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

1 month ago - Zacks Investment Research

Applied Industrial (AIT) is poised to gain on added growth opportunities from acquired assets and solid product offerings. Its cost-saving initiatives and policy of rewarding shareholders bode well.

1 month ago - Zacks Investment Research

Applied Industrial Technologies (AIT) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.

2 months ago - Zacks Investment Research

Does Applied Industrial Technologies (AIT) have what it takes to be a top stock pick for momentum investors? Let's find out.

2 months ago - Zacks Investment Research

Applied Industrial Technologies (AIT) reported earnings 30 days ago. What's next for the stock?

2 months ago - Zacks Investment Research

Applied Industrial Technologies (AIT) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.

2 months ago - Zacks Investment Research

The U.S. economy seems poised to witness a turnaround as factory orders signal continued recovery, making it a good time to invest in names like International Paper (IP) and EnPro Industries (NPO).

Other stocks mentioned: HAIN, IP, NPO, SCHN
3 months ago - Zacks Investment Research

Applied Industrial (AIT) y/y sales decline in Q2 reflects poor segmental performance. It predicts a y/y organic sales decline for Q3 and hikes the quarterly dividend rate.

3 months ago - Zacks Investment Research

Applied Industrial Technologies, Inc. (AIT) CEO Neil Schrimsher on Q2 2021 Results - Earnings Call Transcript

3 months ago - Seeking Alpha

Applied Industrial Technologies (AIT) delivered earnings and revenue surprises of 28.95% and 1.82%, respectively, for the quarter ended December 2020. Do the numbers hold clues to what lies ahead for th...

3 months ago - Zacks Investment Research

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 te...

3 months ago - Business Wire

Industrial stocks' results for the October-December quarter are anticipated to reflect the impacts of improved operating conditions, the pandemic-led woes and others. SWK, DOC, PNR & AIT are due for rel...

Other stocks mentioned: DOV, PNR, SWK
3 months ago - Zacks Investment Research

Let's see if Applied Industrial Technologies (AIT) stock is a good choice for value-oriented investors right now from multiple angles.

4 months ago - Zacks Investment Research

CLEVELAND--(BUSINESS WIRE)--Applied Industrial Technologies (NYSE: AIT) today announced plans to release its fiscal 2021 second quarter financial results on Thursday, January 28, 2021, before the market...

4 months ago - Business Wire

Applied Industrial's (AIT) Gibson Engineering buyout solidifies its product offerings in the automation technology space, and market position in the mid-Atlantic and northeast U.S. markets.

4 months ago - Zacks Investment Research

CLEVELAND--(BUSINESS WIRE)--Applied Industrial Technologies (NYSE: AIT) today announced it has acquired Gibson Engineering Company, Inc. (“Gibson”), a provider of automation products, services, and engi...

4 months ago - Business Wire

Does Applied Industrial Technologies (AIT) have what it takes to be a top stock pick for momentum investors? Let's find out.

5 months ago - Zacks Investment Research

Applied Industrial Technologies (AIT) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near...

5 months ago - Zacks Investment Research

Applied Industrial (AIT) to benefit from solid product and service offerings, synergistic gains from buyouts, focus on reducing costs, and shareholder-friendly policies.

5 months ago - Zacks Investment Research

Applied Industrial (AIT) Q1 earnings beat estimates, while declining y/y as the adversities of the pandemic continue to impact the product demand. It predicts a y/y organic sales decline for Q2.

6 months ago - Zacks Investment Research

Applied Industrial Technologies, Inc. (AIT) CEO Neil Schrimsher on Q1 2021 Results - Earnings Call Transcript

6 months ago - Seeking Alpha

Applied Industrial Technologies (AIT) delivered earnings and revenue surprises of 39.06% and 2.99%, respectively, for the quarter ended September 2020. Do the numbers hold clues to what lies ahead for t...

6 months ago - Zacks Investment Research

Shares of Applied Industrial (NYSE:AIT) rose 0.2% in pre-market trading after the company reported Q1 results. Quarterly Results Earnings per share fell 12.75% over the past year to $0.89, which beat th...

6 months ago - Benzinga

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 te...

6 months ago - Business Wire

Applied Industrial Technologies (AIT) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

6 months ago - Zacks Investment Research

Applied Industrial's (AIT) buyout of Advanced Control Solutions will enable it to strengthen and expand its range of automation solutions across various end markets.

7 months ago - Zacks Investment Research

CLEVELAND--(BUSINESS WIRE)--Applied Industrial Technologies (NYSE: AIT) today announced it has acquired Advanced Control Solutions (“ACS”), a provider of automation products, services, and engineered so...

7 months ago - Business Wire

CLEVELAND--(BUSINESS WIRE)--Applied Industrial Technologies (NYSE: AIT) today announced plans to release its fiscal 2021 first quarter financial results on Wednesday, October 28, 2020, before the market...

7 months ago - Business Wire

Applied Industrial (AIT) is facing weakness in its end markets along with high debt level & forex woes. So, we present 3 industrial manufacturing stocks that are likely to offer good returns.

7 months ago - Zacks Investment Research

Applied Industrial Technologies (AIT) reported earnings 30 days ago. What's next for the stock?

8 months ago - Zacks Investment Research

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 te...

8 months ago - Business Wire

Applied Industrial (AIT) suffers from the adverse impacts of the pandemic and expects a year-over-year organic sales decline of 17-18% for the first quarter of fiscal 2021. It also faces forex woes.

8 months ago - Zacks Investment Research

Applied Industrial's (AIT) Q4 earnings beat estimates, while declining year over year due to the adverse impacts of the pandemic on end-market demand and a fall in margins.

9 months ago - Zacks Investment Research

Applied Industrial Technologies (AIT) Q4 2020 Results - Earnings Call Transcript

9 months ago - Seeking Alpha

Shares of Applied Industrial Tech (NYSE:AIT) rose 0.2% in pre-market trading after the company reported Q4 results.

9 months ago - Benzinga

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 te...

9 months ago - Business Wire

On Wednesday, August 12, Applied Industrial Tech (NYSE: AIT) will report its last quarter's earnings.

9 months ago - Benzinga

About AIT

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 & Flow Control. The company distributes bearings, power transmission products, engineered fluid power components and systems, specialty flow control solutions, machinery and robotics automation products, industrial... [Read more...]

Industry
Industrial Distribution
Founded
1923
CEO
Neil Schrimsher
Employees
6,032
Stock Exchange
NYSE
Ticker Symbol
AIT
Full Company Profile

Financial Performance

In 2020, AIT's revenue was $3.25 billion, a decrease of -6.54% compared to the previous year's $3.47 billion. Earnings were $24.04 million, a decrease of -83.30%.

Financial Statements

Analyst Forecasts

According to 5 analysts, the average rating for AIT stock is "Strong Buy." The 12-month stock price forecast is 108.50, which is an increase of 7.21% from the latest price.

Price Target
$108.50
(7.21% upside)
Analyst Consensus: Strong Buy