SEC Form SC 13G filed by Applied Industrial Technologies Inc.
$AIT
Industrial Specialties
Consumer Discretionary
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 10/22/2024 | $285.00 | Outperform | Mizuho |
| 10/7/2024 | $232.00 | Neutral | BofA Securities |
| 9/4/2024 | $225.00 | Outperform | Raymond James |
| 7/1/2024 | Neutral | Northcoast | |
| 4/3/2024 | $235.00 | Outperform | Oppenheimer |
| 3/17/2023 | $160.00 | Neutral → Outperform | Robert W. Baird |
| 8/12/2022 | $115.00 → $129.00 | Outperform → Neutral | Robert W. Baird |
| 8/18/2021 | $104.00 → $111.00 | Outperform | Baird |
SC 13G/A - APPLIED INDUSTRIAL TECHNOLOGIES INC (0000109563) (Subject)
SC 13G - APPLIED INDUSTRIAL TECHNOLOGIES INC (0000109563) (Subject)
SC 13G - APPLIED INDUSTRIAL TECHNOLOGIES INC (0000109563) (Subject)
Applied Industrial Techs (NYSE:AIT) has outperformed the market over the past 5 years by 15.08% on an annualized basis producing an average annual return of 28.33%. Currently, Applied Industrial Techs has a market capitalization of $8.13 billion. Buying $100 In AIT: If an investor had bought $100 of AIT stock 5 years ago, it would be worth $359.60 today based on a price of $210.71 for AIT at the time of writing. Applied Industrial Techs's Performance Over Last 5 Years Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time. This article was generated by Benz
FTAI Aviation Ltd. (NYSE:FTAI) and Applied Industrial Technologies, Inc. (NYSE:AIT) were among small-cap stocks moving higher on Tuesday as the Russell 2000 Index had a fifth straight day of gains. The iShares Russell 2000 ETF (NYSE:IWM) gained 3.41% on Tuesday, ushering the index to a cumulative gain of over 9% across the last five sessions. This remarkable streak represents the Russell 2000's best five-day performance since June 2020. FTAI Aviation, a provider of aircraft operations and engine maintenance, rose 5.63% to close at $107.42 on Tuesday, while Applied Industrial gained 4.63% to $210.59. Also Read: Russell 2000 Rallies To 16-Month Highs: Best Performing Small-Cap Stocks
3 - APPLIED INDUSTRIAL TECHNOLOGIES INC (0000109563) (Issuer)
4 - APPLIED INDUSTRIAL TECHNOLOGIES INC (0000109563) (Issuer)
4 - APPLIED INDUSTRIAL TECHNOLOGIES INC (0000109563) (Issuer)
Net Sales of $1.1 Billion Up 0.3% YoY; Down 3.0% on an Organic Daily Basis Net Income of $92.1 Million, or $2.36 Per Share Down 1.0% YoY EBITDA of $129.0 Million Down 3.3% YoY Operating Cash Flow of $127.7 Million; Free Cash Flow of $122.2 Million Increasing FY25 EPS Guidance to $9.25 to $10.00 Reiterate FY25 Sales and EBITDA Margin Guidance Applied Industrial Technologies (NYSE:AIT), a leading value-added distributor and technical solutions provider of industrial motion, fluid power, flow control, automation technologies, and related maintenance supplies, today reported results for its fiscal 2025 first quarter ended September 30, 2024. Net sales for the quarter of $1.1 billi
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. The Company's fiscal 2025 first quarter ended September 30, 2024. The Company will host a conference call at 10 a.m. ET that day to discuss the quarter's results and outlook. A live audio webcast and supplemental presentation can be accessed on our Investor Relations site at https://ir.applied.com. To join by telephone, dial 800-715-9871 (toll free) or 646-307-1963 using conference ID 3459273. Replays of the call will be available via webcast, as well as by telephone for one week by dialing 800-770-2030 (toll free) using c
Fourth Quarter Net Sales of $1.2 Billion Up 0.2% YoY; Down 2.0% on an Organic Daily Basis Fourth Quarter Net Income of $103.5 Million, or $2.64 Per Share Up 12.6% YoY Fourth Quarter EBITDA of $153.5 Million Up 9.6% YoY Full-Year Net Sales of $4.5 Billion Up 1.5% YoY; Up 0.4% on an Organic Daily Basis Full-Year Net Income of $385.8 Million, or $9.83 Per Share Full-Year Adjusted Net Income of $382.7 Million, or $9.75 Per Share Up 11.4% YoY Full-Year EBITDA of $553.3 Million Up 5.5% YoY Establishes Fiscal 2025 Guidance Including Total Sales -2.5% to +2.5%, EPS of $9.20 to $9.95 Announces Two Bolt-On Acquisitions in Service Center and Fluid Power Operations Applied I
8-K - APPLIED INDUSTRIAL TECHNOLOGIES INC (0000109563) (Filer)
8-K - APPLIED INDUSTRIAL TECHNOLOGIES INC (0000109563) (Filer)
10-Q - APPLIED INDUSTRIAL TECHNOLOGIES INC (0000109563) (Filer)
Applied Industrial Technologies (NYSE:AIT), a leading value-added distributor and technical solutions provider of industrial motion, fluid power, flow control, automation technologies, and related maintenance supplies, today announced that Richard J. Simoncic has been elected to its Board of Directors. "We are very pleased to welcome Rich to the Applied Board," said Peter C. Wallace, the Company's Chairman. "His experience in global operations, distribution, supply chain management, and manufacturing adds significant knowledge and experience to the Board." Neil A. Schrimsher, President & Chief Executive Officer, added, "We look forward to leveraging Rich's perspectives and expertise as
NEW YORK, March 1, 2024 /PRNewswire/ -- S&P Dow Jones Indices ("S&P DJI") will make the following changes to the S&P 500, S&P 100, S&P MidCap 400, and S&P SmallCap 600 indices effective prior to the open of trading on Monday, March 18, to coincide with the quarterly rebalance. The changes ensure each index is more representative of its market capitalization range. All companies being added to the S&P 500 are more representative of the large-cap market space, all companies being added to the S&P MidCap 400 are more representative of the mid-cap market space, and all companies being added to the S&P SmallCap 600 are more representative of the small-cap market space. The companies being removed
Net Sales of $1.1 Billion Up 0.3% YoY; Down 3.0% on an Organic Daily Basis Net Income of $92.1 Million, or $2.36 Per Share Down 1.0% YoY EBITDA of $129.0 Million Down 3.3% YoY Operating Cash Flow of $127.7 Million; Free Cash Flow of $122.2 Million Increasing FY25 EPS Guidance to $9.25 to $10.00 Reiterate FY25 Sales and EBITDA Margin Guidance Applied Industrial Technologies (NYSE:AIT), a leading value-added distributor and technical solutions provider of industrial motion, fluid power, flow control, automation technologies, and related maintenance supplies, today reported results for its fiscal 2025 first quarter ended September 30, 2024. Net sales for the quarter of $1.1 billi
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. The Company's fiscal 2025 first quarter ended September 30, 2024. The Company will host a conference call at 10 a.m. ET that day to discuss the quarter's results and outlook. A live audio webcast and supplemental presentation can be accessed on our Investor Relations site at https://ir.applied.com. To join by telephone, dial 800-715-9871 (toll free) or 646-307-1963 using conference ID 3459273. Replays of the call will be available via webcast, as well as by telephone for one week by dialing 800-770-2030 (toll free) using c
Applied Industrial Technologies (NYSE:AIT), a leading value-added distributor and technical solutions provider of industrial motion, fluid power, flow control, automation technologies, and related maintenance supplies, today announced the release of its 2024 Environmental, Social, and Governance (ESG) Report. The Report highlights the Company's progress and continued commitment to sustainability and socially responsible business practices in fiscal year 2024. Neil A. Schrimsher, President & Chief Executive Officer for Applied, commented, "I am pleased to share Applied's 2024 ESG Report and the ongoing effort our team is making to create a more sustainable and effective industrial economy.
Mizuho initiated coverage of Applied Industrial with a rating of Outperform and set a new price target of $285.00
BofA Securities initiated coverage of Applied Industrial with a rating of Neutral and set a new price target of $232.00
Raymond James initiated coverage of Applied Industrial with a rating of Outperform and set a new price target of $225.00