Applied Industrial Technologies Stock Today
| AIT Stock | USD 265.74 0.53 0.20% |
Performance14 of 100
| Odds Of DistressLess than 3
|
Applied Industrial is selling for under 265.74 as of the 21st of November 2024; that is 0.2 percent down since the beginning of the trading day. The stock's last reported lowest price was 262.92. Applied Industrial has a very small chance of experiencing financial distress in the next few years and had a good performance during the last 90 days. Note, on November 14, 2024, Representative Michael McCaul of US Congress acquired $15k to $50k worth of Applied Industrial's common stock.
Business Domain Capital Goods | IPO Date 7th of September 1984 | Category Industrials |
Applied Industrial Technologies, Inc. distributes industrial motion, power, control, and automation technology solutions in North America, Australia, New Zealand, and Singapore. The company was founded in 1923 and is headquartered in Cleveland, Ohio. Applied Industrial operates under Industrial Distribution classification in the United States and is traded on New York Stock Exchange. The company has 38.45 M outstanding shares of which 541.93 K shares are presently shorted by investors with about 2.54 days to cover. More on Applied Industrial Technologies
Moving together with Applied Stock
| 0.72 | DNOW | Now Inc | PairCorr |
| 0.64 | DSGR | Distribution Solutions | PairCorr |
| 0.83 | DXPE | DXP Enterprises | PairCorr |
| 0.95 | FAST | Fastenal Fiscal Year End 16th of January 2025 | PairCorr |
Moving against Applied Stock
Follow Valuation Profit Patterns Odds of Bankruptcy
Check how we calculate scores
Applied Stock Highlights
ESG Sustainability
Environmental | Governance | Social |
| CEO | Neil Schrimsher | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Thematic Idea | Wholesale (View all Themes) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Trading Companies & Distributors, Industrial Distribution, Industrials, NYSE Composite, Stock Exchange Of, SP Midcap 400, SET Total Return, Wholesale, Industrials, Trading Companies & Distributors, Industrial Distribution, Industrials (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial Strength
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Debt LevelsApplied Industrial can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Applied Industrial's financial leverage. It provides some insight into what part of Applied Industrial's total assets is financed by creditors.
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Applied Industrial Technologies (AIT) is traded on New York Stock Exchange in USA. It is located in 1 Applied Plaza, Cleveland, OH, United States, 44115 and employs 6,549 people. Applied Industrial is listed under Trading Companies & Distributors category by Fama And French industry classification. The company currently falls under 'Large-Cap' category with a total capitalization of 10.22 B. Applied Industrial runs under Trading Companies & Distributors sector within Industrials industry. The entity has 38.45 M outstanding shares of which 541.93 K shares are presently shorted by investors with about 2.54 days to cover.
Applied Industrial Technologies has about 344.04 M in cash with 371.39 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 3.83.
Check Applied Industrial Probability Of Bankruptcy
Ownership AllocationApplied Industrial holds a total of 38.45 Million outstanding shares. The majority of Applied Industrial Technologies outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to acquire positions in Applied Industrial to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Applied Industrial. Please pay attention to any change in the institutional holdings of Applied Industrial Technologies as this could imply that something significant has changed or is about to change at the company. Please note that on November 14, 2024, Representative Michael McCaul of US Congress acquired $15k to $50k worth of Applied Industrial's common stock.
Check Applied Ownership Details
Applied Stock Institutional Holders
| Instituion | Recorded On | Shares | |
| Btim Corp | 2024-09-30 | 576 K | |
| Wellington Management Company Llp | 2024-06-30 | 574.4 K | |
| Charles Schwab Investment Management Inc | 2024-09-30 | 569.3 K | |
| Capital Research Global Investors | 2024-09-30 | 561.3 K | |
| Fiduciary Management, Inc. Of Milwaukee | 2024-06-30 | 531.2 K | |
| Norges Bank | 2024-06-30 | 473.2 K | |
| Allspring Global Investments Holdings, Llc | 2024-06-30 | 464.7 K | |
| Goldman Sachs Group Inc | 2024-06-30 | 457.5 K | |
| Northern Trust Corp | 2024-09-30 | 454 K | |
| Blackrock Inc | 2024-06-30 | 5.1 M | |
| Vanguard Group Inc | 2024-09-30 | 4.6 M |
Applied Industrial Historical Income Statement
Applied Stock Against Markets
Applied Industrial Corporate Directors
| Ryan Cieslak | Director of Investor Relations and Treasury | Profile | |
| Dan Komnenovich | Independent Director | Profile | |
| Madhuri Andrews | Independent Director | Profile | |
| Vincent Petrella | Independent Director | Profile |
Already Invested in Applied Industrial Technologies?
The danger of trading Applied Industrial Technologies is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Applied Industrial is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Applied Industrial. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Applied Industrial is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Additional Tools for Applied Stock Analysis
When running Applied Industrial's price analysis, check to measure Applied Industrial's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Applied Industrial is operating at the current time. Most of Applied Industrial's value examination focuses on studying past and present price action to predict the probability of Applied Industrial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Applied Industrial's price. Additionally, you may evaluate how the addition of Applied Industrial to your portfolios can decrease your overall portfolio volatility.