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Industrials - Industrial - Distribution - NYSE - US
$ 266.73
-1.42 %
$ 10.3 B
Market Cap
27.19
P/E
1. INTRINSIC VALUE

Applied Industrial Technologies, Inc. distributes industrial motion, power, control, and automation technology solutions in North America, Australia, New Zealand, and Singapore. It operates through 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, advanced automation products, industrial rubber products, linear motion components, automation solutions, tools, safety products, oilfield supplies, and other industrial and maintenance supplies; and motors, belting, drives, couplings, pumps, hydraulic and pneumatic components, filtration supplies, valves, fittings, process instrumentation, actuators, and hoses, filtration supplies, as well as other related supplies for general operational needs of customers' machinery and equipment.[ Read More ]

The intrinsic value of one AIT stock under the base case scenario is HIDDEN Compared to the current market price of 267 USD, Applied Industrial Technologies, Inc. is HIDDEN

2. FUNDAMENTAL ANALYSIS

Price Chart AIT

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FINANCIALS
4.48 B REVENUE
1.51%
496 M OPERATING INCOME
4.79%
386 M NET INCOME
11.25%
371 M OPERATING CASH FLOW
7.97%
-95.4 M INVESTING CASH FLOW
-56.83%
-156 M FINANCING CASH FLOW
-23.31%
1.1 B REVENUE
-5.32%
113 M OPERATING INCOME
-21.70%
92.1 M NET INCOME
-11.04%
128 M OPERATING CASH FLOW
7.14%
-15.2 M INVESTING CASH FLOW
73.36%
-34 M FINANCING CASH FLOW
38.42%
Balance Sheet Decomposition Applied Industrial Technologies, Inc.
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Current Assets 1.77 B
Cash & Short-Term Investments 461 M
Receivables 738 M
Other Current Assets 572 M
Non-Current Assets 1.18 B
Long-Term Investments 22.5 M
PP&E 252 M
Other Non-Current Assets 908 M
Current Liabilities 501 M
Accounts Payable 267 M
Short-Term Debt 58.5 M
Other Current Liabilities 176 M
Non-Current Liabilities 762 M
Long-Term Debt 676 M
Other Non-Current Liabilities 85.6 M
EFFICIENCY
Earnings Waterfall Applied Industrial Technologies, Inc.
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Revenue 4.48 B
Cost Of Revenue 3.14 B
Gross Profit 1.34 B
Operating Expenses 841 M
Operating Income 496 M
Other Expenses 110 M
Net Income 386 M
RATIOS
29.84% GROSS MARGIN
29.84%
11.07% OPERATING MARGIN
11.07%
8.61% NET MARGIN
8.61%
22.84% ROE
22.84%
13.07% ROA
13.07%
16.80% ROIC
16.80%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis Applied Industrial Technologies, Inc.
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Net Income 386 M
Depreciation & Amortization 52.4 M
Capital Expenditures -24.9 M
Stock-Based Compensation 9.5 M
Change in Working Capital -77.1 M
Others -54.3 M
Free Cash Flow 347 M
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets Applied Industrial Technologies, Inc.
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Wall Street analysts predict an average 1-year price target for AIT of $234 , with forecasts ranging from a low of $210 to a high of $285 .
AIT Lowest Price Target Wall Street Target
210 USD -21.27%
AIT Average Price Target Wall Street Target
234 USD -12.43%
AIT Highest Price Target Wall Street Target
285 USD 6.85%
4. DIVIDEND ANALYSIS
0.17% DIVIDEND YIELD
0.37 USD DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership Applied Industrial Technologies, Inc.
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Sold
0-3 MONTHS
6.77 M USD 2
3-6 MONTHS
128 K USD 1
6-9 MONTHS
0 USD 0
9-12 MONTHS
18 M USD 4
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
Date Value Insider Amount Avg Price
2 months ago
Aug 30, 2024
Sell 987 K USD
Loring Kurt W.
VP-Chief HR Officer
- 4858
203.1 USD
2 months ago
Aug 23, 2024
Sell 704 K USD
Loring Kurt W.
VP-Chief HR Officer
- 3366
209.02 USD
2 months ago
Aug 21, 2024
Sell 4.34 M USD
Schrimsher Neil A
President and CEO
- 21422
202.37 USD
2 months ago
Aug 19, 2024
Sell 749 K USD
Schrimsher Neil A
President and CEO
- 3703
202.24 USD
5 months ago
May 20, 2024
Sell 128 K USD
Vasquez Jason W
VP-Sales & Marketing-USSC
- 650
196.7096 USD
9 months ago
Feb 02, 2024
Sell 365 K USD
Hoffner Warren E III
VP, General Mgr-Fluid Power
- 2000
182.34 USD
11 months ago
Dec 14, 2023
Sell 15.9 M USD
Schrimsher Neil A
President and CEO
- 93750
169.72 USD
11 months ago
Nov 24, 2023
Sell 184 K USD
Wallace Peter C
Director
- 1130
163.195 USD
11 months ago
Nov 20, 2023
Sell 323 K USD
Wallace Peter C
Director
- 1984
163.0064 USD
1 year ago
Nov 17, 2023
Sell 326 K USD
Hoffner Warren E III
VP, General Mgr-Fluid Power
- 2000
163 USD
1 year ago
Nov 14, 2023
Sell 900 K USD
Loring Kurt W.
VP-Chief HR Officer
- 5470
164.495 USD
1 year ago
Nov 01, 2023
Sell 308 K USD
Hall Mary Dean
Director
- 2000
153.99 USD
1 year ago
Aug 25, 2023
Sell 1.52 M USD
Schrimsher Neil A
President and CEO
- 9889
154.159 USD
1 year ago
Aug 14, 2023
Sell 3.6 M USD
Schrimsher Neil A
President and CEO
- 23432
153.51 USD
1 year ago
Aug 14, 2023
Sell 1.01 M USD
Schrimsher Neil A
President and CEO
- 6568
154.23 USD
1 year ago
Aug 15, 2023
Sell 17.1 K USD
Schrimsher Neil A
President and CEO
- 111
154 USD
1 year ago
May 22, 2023
Sell 215 K USD
Schrimsher Neil A
President and CEO
- 1655
130.0068 USD
1 year ago
Mar 06, 2023
Sell 3.12 M USD
Schrimsher Neil A
President and CEO
- 21526
145.06 USD
1 year ago
Mar 01, 2023
Sell 607 K USD
Schrimsher Neil A
President and CEO
- 4186
145 USD
2 years ago
Nov 01, 2022
Sell 1.84 M USD
BAUER FRED D
VP-General Counsel & Secretary
- 14539
126.9 USD
2 years ago
Aug 25, 2022
Sell 805 K USD
Loring Kurt W.
VP-Chief HR Officer
- 7146
112.66 USD
2 years ago
Aug 18, 2022
Sell 114 K USD
PETRELLA VINCENT K
Director
- 1000
114.25 USD
2 years ago
Aug 18, 2022
Sell 243 K USD
PETRELLA VINCENT K
director:
- 2114
115 USD
2 years ago
May 26, 2022
Sell 449 K USD
Macey Christopher
Corporate Controller
- 4458
100.71 USD
2 years ago
May 17, 2022
Sell 1.46 M USD
Schrimsher Neil A
President and CEO
- 13488
108.2038 USD
2 years ago
May 17, 2022
Sell 542 K USD
Wallace Peter C
director:
- 5000
108.47 USD
2 years ago
May 04, 2022
Sell 53.2 K USD
PETRELLA VINCENT K
director:
- 490
108.55 USD
2 years ago
May 04, 2022
Sell 195 K USD
PETRELLA VINCENT K
Director
- 1800
108.59 USD
2 years ago
May 03, 2022
Sell 518 K USD
Wallace Peter C
director:
- 4931
105.0558 USD
2 years ago
Feb 25, 2022
Sell 313 K USD
Schrimsher Neil A
President and CEO
- 3079
101.58 USD
2 years ago
Feb 28, 2022
Sell 700 K USD
Schrimsher Neil A
President and CEO
- 6921
101.16 USD
2 years ago
Feb 08, 2022
Sell 531 K USD
DORSMAN PETER A
Director
- 5540
95.79 USD
2 years ago
Feb 08, 2022
Sell 454 K USD
DORSMAN PETER A
Director
- 4719
96.11 USD
3 years ago
Nov 18, 2021
Sell 778 K USD
BAUER FRED D
VP-General Counsel & Secretary
- 7371
105.55 USD
3 years ago
Nov 18, 2021
Sell 317 K USD
BAUER FRED D
VP-General Counsel & Secretary
- 2984
106.1 USD
3 years ago
Nov 16, 2021
Sell 279 K USD
PETRELLA VINCENT K
Director
- 2641
105.735 USD
3 years ago
Nov 12, 2021
Sell 712 K USD
Loring Kurt W.
VP-Chief HR Officer
- 6800
104.67 USD
3 years ago
May 04, 2021
Sell 10 K USD
BAUER FRED D
VP-General Counsel & Secretary
- 99
101.25 USD
3 years ago
May 05, 2021
Sell 1.03 M USD
BAUER FRED D
VP-General Counsel & Secretary
- 10201
101.25 USD
3 years ago
May 06, 2021
Sell 2.1 M USD
Schrimsher Neil A
President and CEO
- 20664
101.84 USD
3 years ago
May 05, 2021
Sell 201 K USD
Macey Christopher
Corporate Controller
- 2000
100.73 USD
3 years ago
Nov 27, 2020
Sell 117 K USD
PETRELLA VINCENT K
Director
- 1465
79.8 USD
3 years ago
Nov 19, 2020
Sell 351 K USD
Wallace Peter C
Director
- 4600
76.3 USD
4 years ago
Nov 17, 2020
Sell 53.7 K USD
Wallace Peter C
Director
- 700
76.72 USD
4 years ago
Nov 18, 2020
Sell 572 K USD
Wallace Peter C
Director
- 7444
76.83 USD
4 years ago
Aug 21, 2020
Sell 36.2 K USD
DORSMAN PETER A
Director
- 602
60.16 USD
4 years ago
Aug 24, 2020
Sell 580 K USD
DORSMAN PETER A
Director
- 9606
60.42 USD
4 years ago
May 26, 2020
Sell 159 K USD
Wallace Peter C
Director
- 2724
58.43 USD
4 years ago
May 04, 2020
Bought 100 K USD
Schrimsher Neil A
President and CEO
+ 2100
47.73 USD
4 years ago
May 04, 2020
Bought 101 K USD
Schrimsher Neil A
President and CEO
+ 2100
47.89 USD
5 years ago
Aug 30, 2019
Sell 857 K USD
THORNTON JERRY SUE
Director
- 16031
53.4476 USD
6 years ago
Nov 14, 2018
Sell 260 K USD
KELLY GREEN EDITH
Director
- 3990
65.27 USD
6 years ago
Nov 14, 2018
Sell 204 K USD
KELLY GREEN EDITH
Director
- 3100
65.82 USD
6 years ago
Aug 20, 2018
Sell 964 K USD
HILTZ L THOMAS
Director
- 12500
77.15 USD
6 years ago
Jun 11, 2018
Sell 14.6 K USD
Wallace Peter C
Director
- 200
73 USD
6 years ago
Jun 11, 2018
Sell 39.2 K USD
Wallace Peter C
Director
- 537
73.05 USD
6 years ago
Jun 07, 2018
Sell 270 K USD
Wallace Peter C
Director
- 3700
73.04 USD
6 years ago
May 01, 2018
Bought 100 K USD
Raver Joe Anthony
Director
+ 1585
63.2 USD
6 years ago
Feb 02, 2018
Sell 285 K USD
BARLETT TODD A
VP-Acq & Global Bus Dev
- 3800
75 USD
6 years ago
Feb 02, 2018
Sell 252 K USD
HILTZ L THOMAS
Director
- 3418
73.8 USD
6 years ago
Feb 02, 2018
Sell 511 K USD
KELLY GREEN EDITH
Director
- 6873
74.4077 USD
6 years ago
Feb 02, 2018
Sell 375 K USD
BAUER FRED D
VP-General Counsel & Secretary
- 5000
75 USD
7. News
Here's Why You Should Retain Applied Industrial in Your Portfolio AIT stands to gain from strength in its Service Center Based Distribution segment. The company's measures to reward its shareholders are also encouraging. zacks.com - 4 days ago
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 initiatives, and focus on high-margin markets, despite recent headwinds from volume deleverage and higher costs. AIT trades at a discount to peers like W.W. Grainger and Fastenal, with potential for upward estimate revisions and continued valuation re-rating. seekingalpha.com - 1 week ago
Interpreting Applied Industrial Technologies (AIT) International Revenue Trends Explore Applied Industrial Technologies' (AIT) international revenue trends and how these numbers impact Wall Street's forecasts and what's ahead for the stock. zacks.com - 2 weeks ago
Applied Industrial Technologies (AIT) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates Although the revenue and EPS for Applied Industrial Technologies (AIT) give a sense of how its business performed in the quarter ended September 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers. zacks.com - 3 weeks ago
Applied Industrial Q1 Earnings Beat, Revenues Increase Y/Y AIT's first-quarter fiscal 2025 results benefit from growth across national accounts and fluid power MRO. zacks.com - 3 weeks ago
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 & CEO David Wells - CFO Conference Call Participants David Manthey - Baird Christopher Glynn - Oppenheimer Ken Newman - KeyBanc Brett Linzey - Mizuho Christopher Dankert - Loop Capital Aaron Reed - Northcoast Research Sabrina Abrams - Bank of America Operator Welcome to the Fiscal 2025 First Quarter Earnings Call for Applied Industrial Technologies. My name is Angela, and I will be your operator for today's call. seekingalpha.com - 3 weeks ago
Applied Industrial Technologies (AIT) Tops Q1 Earnings and Revenue Estimates Applied Industrial Technologies (AIT) came out with quarterly earnings of $2.36 per share, beating the Zacks Consensus Estimate of $2.24 per share. This compares to earnings of $2.39 per share a year ago. zacks.com - 3 weeks ago
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 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 billion increased 0.3% over the prior year. The change includes a 2.0% increase from acquisitions and a 1.6% benefit from one extra se. businesswire.com - 3 weeks ago
What Analyst Projections for Key Metrics Reveal About Applied Industrial Technologies (AIT) Q1 Earnings Looking beyond Wall Street's top -and-bottom-line estimate forecasts for Applied Industrial Technologies (AIT), delve into some of its key metrics to gain a deeper insight into the company's potential performance for the quarter ended September 2024. zacks.com - 3 weeks ago
Earnings Preview: Applied Industrial Technologies (AIT) Q1 Earnings Expected to Decline 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. zacks.com - 1 month ago
Here's Why Investors Should Avoid Applied Industrial Stock Now Softness in the Engineered Solutions segment and increasing operating costs weigh on AIT. The unfavorable foreign currency movement is an added concern. zacks.com - 1 month ago
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. 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. T. businesswire.com - 1 month ago
8. Profile Summary

Applied Industrial Technologies, Inc. AIT

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COUNTRY US
INDUSTRY Industrial - Distribution
MARKET CAP $ 10.3 B
Dividend Yield 0.17%
Description Applied Industrial Technologies, Inc. distributes industrial motion, power, control, and automation technology solutions in North America, Australia, New Zealand, and Singapore. It operates through 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, advanced automation products, industrial rubber products, linear motion components, automation solutions, tools, safety products, oilfield supplies, and other industrial and maintenance supplies; and motors, belting, drives, couplings, pumps, hydraulic and pneumatic components, filtration supplies, valves, fittings, process instrumentation, actuators, and hoses, filtration supplies, as well as other related supplies for general operational needs of customers' machinery and equipment. It also operates fabricated rubber shops and service field crews that install, modify, and repair conveyor belts and rubber linings, as well as offer hose assemblies. In addition, the company provides equipment repair and technical support services. It distributes industrial products through a network of service centers. The company serves various industries, including agriculture and food processing, cement, chemicals and petrochemicals, fabricated metals, forest products, industrial machinery and equipment, life sciences, mining, oil and gas, primary metals, technology, transportation, and utilities, as well as government entities. The company was formerly known as Bearings, Inc. and changed its to name to Applied Industrial Technologies, Inc. in 1997. The company was founded in 1923 and is headquartered in Cleveland, Ohio.
Contact 1 Applied Plaza, Cleveland, OH, 44115 https://www.applied.com
IPO Date March 17, 1980
Employees 6549
Officers Joe Mangiapane Managing Director of Australia & New Zealand Mr. Neil A. Schrimsher President, Chief Executive Officer & Director Mike R. Allen President of Applied Industrial Technologies, LP - Canada Mr. David K. Wells Vice President, Chief Financial Officer, & Treasurer Mr. Richard M. Wagner Chief Accounting Officer & Controller Mr. Ryan Dale Cieslak Director of Investor Relations & Assistant Treasurer Mr. Jon S. Ploetz J.D. Vice President, General Counsel & Secretary Ms. Julie A. Kho Manager of Corporate Communications & Media Relations Mr. Kurt W. Loring Vice President & Chief Human Resource Officer