Applied Industrial Technologies

Applied Industrial Technologies, Inc. engages in the manufacture and distribution of industrial parts and products. It operates through the Service Center Based Distribution, and Fluid Power & Flow Control Business segments. The Service Center-Based Distribution segment provides customers with a wide range of industrial products through a network of service centers. The Fluid Power & Flow Control Businesses segment specializes in distributing, engineering, designing, integrating, and repairing hydraulic and pneumatic fluid power technologies, and engineered flow control products and services. The company was founded by Joseph Bruening in January 1923 and is headquartered in Cleveland, OH.

Earnings data Q3 2021

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AIT reports robust Q1 performance, eyes growth amid market uncertainty

AIT's Q1 2023 earnings call showcased robust financial performance, strong customer activity, and strategic acquisitions. While supply chain issues and market uncertainty present challenges, the company remains focused on margin expansion and growth opportunities.

Applied Industrial Technologies posts record Q2 results and advances automation strategy

Applied Industrial Technologies (AIT) reported robust Q2 results, showcasing strong growth, operational efficiency, and strategic initiatives. The company's focus on automation, diverse end markets, and customer collaboration bodes well for future performance. Despite challenges like margin pressures, AIT's financial strength, guidance raise, and market positioning offer a positive outlook.

Applied Industrial Technologies reports strong Q3 earnings and strategic acquisitions

Applied Industrial Technologies delivered impressive financial results, showcasing growth in key metrics and strategic initiatives. The company remains confident in its ability to navigate challenges and capitalize on growth opportunities, positioning itself for continued success in the market.

Applied Industrial Technologies reports record year with strong Q4 results

Applied Industrial Technologies (AIT) delivered a strong performance in Q4 2023, with record sales, earnings, and margin improvement.
The company's focus on operational efficiency, customer relationships, and strategic pricing initiatives positions it well for sustained growth.
Challenges related to supply chain disruptions and inflationary pressures require proactive cost management and pricing strategies.
Opportunities lie in technology investments, customer relationship management, and strategic pricing to drive future growth and profitability.

Applied Industrial Technologies reports robust Q1 earnings and growth outlook

AIT's Q1 performance showcased strong earnings growth, margin improvement, and effective cost controls, underpinning financial stability and growth prospects.
While facing challenges in the technology sector and automation delays, AIT's focus on sales growth, backlog strength, and capital allocation presents opportunities for future expansion.
Overall, AIT's strategic initiatives and positive outlook, including raised full-year guidance, position the company well for sustained growth and value creation.

Applied Industrial Technologies posts strong Q2 results amidst market challenges

Applied Industrial Technologies (AIT) reported robust financial results for Q2 2024, with strong sales, margin expansion, and earnings growth, reflecting operational excellence and strategic focus.
While facing challenges such as inflationary pressures and potential sales headwinds, AIT remains optimistic about future growth potential and is proactively addressing these issues through strategic initiatives.
Overall, AIT's performance underscores its resilience, agility, and commitment to enhancing shareholder value, positioning the company for sustainable growth and profitability in the dynamic market environment.

Applied Industrial Technologies exceeds Q3 sales expectations, eyes automation growth

AIT's Q3 performance reflects resilience and strategic focus on growth, cost management, and competitive positioning through acquisitions and investments.
Despite challenges from economic uncertainty and inflation, AIT's strengths in industry positioning, acquisitions, and operational efficiency position the company for future success.
Opportunities in automation, market expansion, and positive demand trends offer avenues for AIT to navigate challenges and drive sustainable growth in the coming quarters.

Applied Industrial Technologies reports strong margins, eyes U.S. production rebound

AIT's Q4 2024 showcased strong margin performance despite a 2% decline in organic daily sales.
The company's strategic acquisitions and fiscal 2025 guidance reflect confidence in future prospects.
While facing challenges in sales trends, AIT remains optimistic about potential growth catalysts and ongoing investments.

Applied Industrial Technologies reports mixed Q1 results, raises EPS guidance

Applied Industrial Technologies (AIT) navigated mixed sales trends in Q1 2025, with a focus on margin improvement and strategic investments for future growth.
Despite challenges in EBITDA margins and segment sales declines, AIT's strong cash flow performance and raised EPS guidance demonstrate resilience and potential.
Opportunities in reshoring, technology investments, and market demand position AIT for continued success, supported by disciplined acquisitions and capital deployment.

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Applied Industrial Technologies, Inc. engages in the manufacture and distribution of industrial parts and products. It operates through the Service Center Based Distribution and Engineered Solutions segments. The Service Center Based Distribution segment is involved in local service centers and distribution centers with a focus on providing products and services addressing the maintenance and repair of motion control infrastructure and production equipment. The Engineered Solutions segment focuses on distributing, engineering, designing, integrating, and repairing hydraulic and pneumatic fluid power technologies, and engineered flow control products and services. The company was founded by Joseph Bruening in January 1923 and is headquartered in Cleveland, OH.

Applied Industrial Technologies (AIT) is well positioned to outperform the market, as it exhibits above-average growth in financials.

Is Applied Industrial Technologies (AIT) a Solid Growth Stock? 3 Reasons to Think "Yes"

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CLEVELAND--(BUSINESS WIRE)--As part of the Company's 100-year anniversary being celebrated throughout 2023, representatives of Applied Industrial Technologies (NYSE: AIT) will ring The Closing Bell® at the New York Stock Exchange today, June 21, 2023, at 4 p.m. ET. President & Chief Executive Officer Neil Schrimsher will be joined on the podium by members of the Company's senior leadership team and Board of Directors. “We are honored to recognize the longevity and success of Applied® with t.

Applied Industrial Technologies Ringing NYSE Closing Bell to Celebrate its 100-Year Anniversary

Pricing and cross-selling actions, cost-control measures and growth initiatives bode well for Applied Industrial's (AIT) growth.

Applied Industrial (AIT) Up 41% in a Year: Will the Trend Last?

Applied Industrial Technologies (AIT) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).

All You Need to Know About Applied Industrial Technologies (AIT) Rating Upgrade to Buy

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Applied Industrial's (AIT) Q3 fiscal 2023 performance benefits from strong segmental performances and organic sales growth.

Applied Industrial (AIT) Q3 Earnings and Sales Beat Estimates

Applied Industrial Technologies continues to show strong EPS growth, consistently beating analysts' EPS estimates by a wide margin. Going forward, there will likely be increasing difficulty in achieving outperformance against the very high bars that have been set in previous quarters.

Applied Industrial Technologies: Hitting Analysts' Estimates Out Of The Ballpark

The demand in the broader market is weakening, which should impact AIT's revenue growth in FY24. In the long run, the company should benefit from its automation business, M&As, and capital expenditure in infrastructure.

Applied Industrial Technologies: Weak Near-Term But Solid Long-Term Prospects

Applied Industrial Technologies offers industrial motion, power control, and automation technologies to clients. Management successfully lowered its net leverage and continues to promise acquisitions in the coming years in a market that remains very fragmented and currently consolidating.

Applied Industrial Technologies: M&A And IoT Imply Undervaluation

Applied Industrial Technologies Inc. (AIT) Q3 2023 Earnings Call Transcript.

Applied Industrial Technologies Inc. (AIT) Q3 2023 Earnings Call Transcript

Applied Industrial Technologies (AIT) came out with quarterly earnings of $2.38 per share, beating the Zacks Consensus Estimate of $2.12 per share. This compares to earnings of $1.75 per share a year ago.

Applied Industrial Technologies (AIT) Q3 Earnings and Revenues Top Estimates

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 2023 third quarter ended March 31, 2023. Net sales for the quarter increased 15.4% to $1.1 billion from $980.7 million in the prior year. The change includes a 0.7% increase from acquisitions, offset by a negative.

Applied Industrial Technologies Reports Fiscal 2023 Third Quarter Results

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CLEVELAND--(BUSINESS WIRE)--Applied Industrial Technologies (NYSE: AIT) today announced it will release its fiscal 2023 third quarter financial results on Thursday, April 27, 2023, before the market opens. The Company's fiscal 2023 third quarter ended March 31, 2023. A quarterly conference call will begin at 10 a.m. ET on April 27 to discuss the Company's performance and outlook with analysts and investors.

Applied Industrial Technologies to Report Third Quarter Earnings and Conduct Investor Teleconference on April 27, 2023

The AMS buyout fortifies Applied Industrial's (AIT) growth capacity in several emerging applications across key industry verticals.

Applied Industrial (AIT) Buys AMS, Expands Automation Platform

CLEVELAND--(BUSINESS WIRE)--Applied Industrial Technologies (NYSE: AIT) today announced the acquisition of Advanced Motion Systems Inc. (AMS), a provider of automation products, services, and engineered solutions focused on a full range of machine vision, robotics, and motion control products and technologies. Terms of the transaction were not disclosed. Neil A.

Applied Industrial Technologies Acquires Advanced Motion Systems Inc.

While strong segmental performance and accretive acquisitions bode well for Applied Industrial (AIT), rising operating costs are a major headwind.

Applied Industrial (AIT) Holds Promise Despite Challenges

CLEVELAND--(BUSINESS WIRE)--Applied Industrial Technologies (NYSE: AIT) today announced that Jon S. Ploetz has joined the Company as Vice President – General Counsel & Secretary. In this role, Ploetz will lead the Company's global legal affairs, governance and compliance activities, ESG efforts, and corporate secretary duties. Ploetz succeeds Fred D. Bauer who elected to retire effective January 31, 2023, after 30 years of service to the Company.

Applied Industrial Technologies Names New General Counsel & Secretary

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Applied Industrial (AIT) is gaining from break-fix MRO activity, sales process initiatives, ongoing pricing actions, buyouts and impressive shareholder-friendly policies.

Here's Why You Should Hold Applied Industrial (AIT) Stock

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AIT posted another quarter of exceptional growth, as this power transmission, fluid power, specialty flow, and automation distributor continues to outgrow many of its suppliers. Management is calling for a slowdown as 2023 develops, but AIT looks poised to continue growing faster than its suppliers as it expands its portfolio, customer base, and share-of-wallet.

Applied Industrial Technologies Riding Automation To New Heights

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

What Makes Applied Industrial Technologies (AIT) a Strong Momentum Stock: Buy Now?

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