Applied Industrial Technologies (AIT) News Today

$196.99
+0.13 (+0.07%)
(As of 05/17/2024 ET)
Applied Industrial Technologies, Inc. (NYSE:AIT) Forecasted to Earn FY2024 Earnings of $9.64 Per Share
Applied Industrial Technologies, Inc. (NYSE:AIT - Free Report) - Zacks Research boosted their FY2024 earnings per share (EPS) estimates for Applied Industrial Technologies in a research note issued on Thursday, May 16th. Zacks Research analyst S. Roy now anticipates that the industrial products c
Applied Industrial Technologies, Inc. (NYSE:AIT) Shares Bought by Dimensional Fund Advisors LP
Dimensional Fund Advisors LP grew its position in Applied Industrial Technologies, Inc. (NYSE:AIT - Free Report) by 2.3% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 947,207 shares of
Teacher Retirement System of Texas Cuts Stock Position in Applied Industrial Technologies, Inc. (NYSE:AIT)
Teacher Retirement System of Texas cut its position in shares of Applied Industrial Technologies, Inc. (NYSE:AIT - Free Report) by 57.0% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 26,390 shares of the industrial produc
Charles Schwab Investment Management Inc. Acquires 11,092 Shares of Applied Industrial Technologies, Inc. (NYSE:AIT)
Charles Schwab Investment Management Inc. raised its holdings in shares of Applied Industrial Technologies, Inc. (NYSE:AIT - Free Report) by 2.0% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 559,037 shares of the industrial prod
Seizert Capital Partners LLC Decreases Stock Holdings in Applied Industrial Technologies, Inc. (NYSE:AIT)
Seizert Capital Partners LLC decreased its holdings in shares of Applied Industrial Technologies, Inc. (NYSE:AIT - Free Report) by 33.5% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned
60,050 Shares in Applied Industrial Technologies, Inc. (NYSE:AIT) Bought by TimesSquare Capital Management LLC
TimesSquare Capital Management LLC bought a new stake in shares of Applied Industrial Technologies, Inc. (NYSE:AIT - Free Report) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 60,050 shares of the in
Applied Industrial Technologies, Inc. (NYSE:AIT) Shares Sold by Russell Investments Group Ltd.
Russell Investments Group Ltd. lessened its stake in Applied Industrial Technologies, Inc. (NYSE:AIT - Free Report) by 12.4% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 49,073 shares of the industrial pr
Peregrine Asset Advisers Inc. Buys Shares of 27,789 Applied Industrial Technologies, Inc. (NYSE:AIT)
Peregrine Asset Advisers Inc. purchased a new position in shares of Applied Industrial Technologies, Inc. (NYSE:AIT - Free Report) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 27,789 shares of the
Victory Capital Management Inc. Sells 150,274 Shares of Applied Industrial Technologies, Inc. (NYSE:AIT)
Victory Capital Management Inc. lowered its holdings in Applied Industrial Technologies, Inc. (NYSE:AIT - Free Report) by 27.3% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 400,780 shares of the industri
California Public Employees Retirement System Has $11.09 Million Holdings in Applied Industrial Technologies, Inc. (NYSE:AIT)
California Public Employees Retirement System raised its position in Applied Industrial Technologies, Inc. (NYSE:AIT - Free Report) by 11.1% during the fourth quarter, according to its most recent filing with the SEC. The firm owned 64,203 shares of the industrial products company's stock after pur
New York State Common Retirement Fund Cuts Stock Position in Applied Industrial Technologies, Inc. (NYSE:AIT)
New York State Common Retirement Fund trimmed its stake in shares of Applied Industrial Technologies, Inc. (NYSE:AIT - Free Report) by 21.6% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor
Applied Industrial Technologies, Inc. (NYSE:AIT) Sees Large Increase in Short Interest
Applied Industrial Technologies, Inc. (NYSE:AIT - Get Free Report) saw a large increase in short interest in April. As of April 15th, there was short interest totalling 807,700 shares, an increase of 55.7% from the March 31st total of 518,900 shares. Approximately 2.1% of the shares of the company are short sold. Based on an average trading volume of 374,100 shares, the days-to-cover ratio is currently 2.2 days.
Applied Industrial Technologies (NYSE:AIT) Announces Quarterly Earnings Results
Applied Industrial Technologies (NYSE:AIT - Get Free Report) issued its quarterly earnings data on Thursday. The industrial products company reported $2.48 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $2.40 by $0.08. The firm had revenue of $1.10 billion during the quarter, compared to analysts' expectations of $1.13 billion. Applied Industrial Technologies had a net margin of 8.39% and a return on equity of 24.59%. The business's revenue was down 2.8% on a year-over-year basis. During the same period last year, the company earned $2.38 earnings per share.
Applied Industrial Technologies, Inc. Announces Quarterly Dividend of $0.37 (NYSE:AIT)
Applied Industrial Technologies, Inc. (NYSE:AIT) announced a quarterly dividend on Thursday, April 25th. Investors of record on Wednesday, May 15th will be given a dividend of 0.37 per share by the industrial products company on Friday, May 31st. This represents a $1.48 dividend on an annualized basis and a yield of 0.83%. The ex-dividend date is Tuesday, May 14th.
Applied Industrial Technologies (NYSE:AIT) Releases FY 2024 Earnings Guidance
Applied Industrial Technologies (NYSE:AIT) updated its FY 2024 earnings guidance. The company provided EPS guidance of 9.550-9.700 for the period, compared to the consensus estimate of 9.660. The company also issued revenue guidance of $4.5 billionillion-$4.5 billionillion, compared to the consensus estimate of $4.5 billionillion.
Brokers Offer Predictions for Applied Industrial Technologies, Inc.'s FY2024 Earnings (NYSE:AIT)
Applied Industrial Technologies, Inc. (NYSE:AIT - Free Report) - Zacks Research lifted their FY2024 earnings per share estimates for shares of Applied Industrial Technologies in a research report issued to clients and investors on Wednesday, April 24th. Zacks Research analyst S. Roy now forecasts
Grace & White Inc. NY Cuts Stake in Applied Industrial Technologies, Inc. (NYSE:AIT)
Grace & White Inc. NY lessened its stake in shares of Applied Industrial Technologies, Inc. (NYSE:AIT - Free Report) by 2.5% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 159,316 shares of the indu
Applied Industrial Technologies, Inc. (NYSE:AIT) Shares Sold by Handelsbanken Fonder AB
Handelsbanken Fonder AB trimmed its stake in Applied Industrial Technologies, Inc. (NYSE:AIT - Free Report) by 4.2% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 226,423 shares of the industrial products c
Calamos Advisors LLC Has $923,000 Holdings in Applied Industrial Technologies, Inc. (NYSE:AIT)
Calamos Advisors LLC decreased its holdings in Applied Industrial Technologies, Inc. (NYSE:AIT - Free Report) by 53.8% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 5,342 shares of the industrial products company's s
Federated Hermes Inc. Purchases 24,631 Shares of Applied Industrial Technologies, Inc. (NYSE:AIT)
Federated Hermes Inc. grew its holdings in shares of Applied Industrial Technologies, Inc. (NYSE:AIT - Free Report) by 14.9% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The fund owned 190,025 shares of the industrial products company's stock after
Q1 2026 EPS Estimates for Applied Industrial Technologies, Inc. (NYSE:AIT) Raised by Zacks Research
Applied Industrial Technologies, Inc. (NYSE:AIT - Free Report) - Equities researchers at Zacks Research increased their Q1 2026 earnings per share (EPS) estimates for shares of Applied Industrial Technologies in a note issued to investors on Wednesday, April 17th. Zacks Research analyst S. Roy no
Louisiana State Employees Retirement System Invests $3.35 Million in Applied Industrial Technologies, Inc. (NYSE:AIT)
Louisiana State Employees Retirement System acquired a new stake in Applied Industrial Technologies, Inc. (NYSE:AIT - Free Report) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 19,400 shares of the industrial product
WCM Investment Management LLC Has $21.15 Million Position in Applied Industrial Technologies, Inc. (NYSE:AIT)
WCM Investment Management LLC grew its stake in shares of Applied Industrial Technologies, Inc. (NYSE:AIT - Free Report) by 7.9% in the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 121,454 shares of the industrial products company's stock after buying an addi
Raymond James & Associates Raises Holdings in Applied Industrial Technologies, Inc. (NYSE:AIT)
Raymond James & Associates boosted its stake in shares of Applied Industrial Technologies, Inc. (NYSE:AIT - Free Report) by 55.5% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 20,265 shares of the industr
Applied Industrial Technologies (NYSE:AIT) PT Raised to $210.00
KeyCorp raised their price target on shares of Applied Industrial Technologies from $195.00 to $210.00 and gave the stock an "overweight" rating in a report on Thursday.
SG Americas Securities LLC Sells 23,937 Shares of Applied Industrial Technologies, Inc. (NYSE:AIT)
SG Americas Securities LLC cut its holdings in shares of Applied Industrial Technologies, Inc. (NYSE:AIT - Free Report) by 94.1% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,504 shares of the i
Allspring Global Investments Holdings LLC Raises Holdings in Applied Industrial Technologies, Inc. (NYSE:AIT)
Allspring Global Investments Holdings LLC increased its stake in shares of Applied Industrial Technologies, Inc. (NYSE:AIT - Free Report) by 19.7% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 508,880 shares of the indu
Applied Industrial Technologies, Inc. (NYSE:AIT) Shares Acquired by Boston Trust Walden Corp
Boston Trust Walden Corp raised its stake in shares of Applied Industrial Technologies, Inc. (NYSE:AIT - Free Report) by 5.4% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 625,452 shares of the industrial products company's stock afte
Applied Industrial Technologies (NYSE:AIT) Coverage Initiated at Oppenheimer
Oppenheimer assumed coverage on Applied Industrial Technologies in a report on Tuesday. They issued an "outperform" rating and a $235.00 price target on the stock.
Applied Industrial Technologies, Inc. (NYSE:AIT) Holdings Decreased by Redwood Investments LLC
Redwood Investments LLC reduced its position in shares of Applied Industrial Technologies, Inc. (NYSE:AIT - Free Report) by 71.9% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 32,116 shares of the
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This page (NYSE:AIT) was last updated on 5/19/2024 by MarketBeat.com Staff

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