Applied Industrial Technologies Inc AIT Stock Quotes and Insider News

Insider Chart Past 6 Months

Technical Chart

Filings by transaction date

Mar 31, 2024 (filed on Apr 03, 2024)

Insider Name:

Wallace Peter C

Ownership Type:

Indirect Ownership

Securities:

Common Stock

Nature of Transaction:

A - Grant, award or other under Rule 16b-3(d)

# or value acquired/disposed of:

12

Price:

$189.89
Feb 02, 2024 (filed on Feb 05, 2024)

Insider Name:

Hoffner Warren E III

Ownership Type:

Direct Ownership

Securities:

Common Stock

Nature of Transaction:

S - Open market or private sale

# or value acquired/disposed of:

-2,000

Price:

$182.34
Feb 01, 2024 (filed on Feb 05, 2024)

Insider Name:

Hoffner Warren E III

Ownership Type:

Direct Ownership

Securities:

Stock Appreciation Rights

Nature of Transaction:

M - Exercise or conversion exempt under rule 16b-3

# or value acquired/disposed of:

-1,700

Price:

--
Feb 01, 2024 (filed on Feb 05, 2024)

Insider Name:

Hoffner Warren E III

Ownership Type:

Direct Ownership

Securities:

Common Stock

Nature of Transaction:

F - Payment of exercise price or tax liability, exercise or vesting of a security under Rule 16b-3

# or value acquired/disposed of:

-1,249

Price:

$182.10
Feb 01, 2024 (filed on Feb 05, 2024)

Insider Name:

Hoffner Warren E III

Ownership Type:

Direct Ownership

Securities:

Common Stock

Nature of Transaction:

M - Exercise or conversion exempt under rule 16b-3

# or value acquired/disposed of:

1,700

Price:

$88.79
Jan 23, 2024 (filed on Jan 25, 2024)

Insider Name:

Chadwick Shelly Marie

Ownership Type:

Direct Ownership

Securities:

Common Stock

Nature of Transaction:

A - Grant, award or other under Rule 16b-3(d)

# or value acquired/disposed of:

850

Price:

--
Jan 23, 2024 (filed on Jan 25, 2024)

Insider Name:

Hall Mary Dean

Ownership Type:

Direct Ownership

Securities:

Common Stock

Nature of Transaction:

A - Grant, award or other under Rule 16b-3(d)

# or value acquired/disposed of:

850

Price:

--
Jan 23, 2024 (filed on Jan 25, 2024)

Insider Name:

Andrews Madhuri A

Ownership Type:

Direct Ownership

Securities:

Common Stock

Nature of Transaction:

A - Grant, award or other under Rule 16b-3(d)

# or value acquired/disposed of:

850

Price:

--
Jan 23, 2024 (filed on Jan 25, 2024)

Insider Name:

Wallace Peter C

Ownership Type:

Direct Ownership

Securities:

Common Stock

Nature of Transaction:

A - Grant, award or other under Rule 16b-3(d)

# or value acquired/disposed of:

1,035

Price:

--
Jan 23, 2024 (filed on Jan 25, 2024)

Insider Name:

Raver Joe Anthony

Ownership Type:

Direct Ownership

Securities:

Common Stock

Nature of Transaction:

A - Grant, award or other under Rule 16b-3(d)

# or value acquired/disposed of:

850

Price:

--

Filings by filing date

Mar 31, 2024 (filed on Apr 03, 2024)

Insider Name:

Wallace Peter C

Ownership Type:

Indirect Ownership

Securities:

Common Stock

Nature of Transaction:

A - Grant, award or other under Rule 16b-3(d)

# or value acquired/disposed of:

12

Price:

$189.89
Feb 01, 2024 (filed on Feb 05, 2024)

Insider Name:

Hoffner Warren E III

Ownership Type:

Direct Ownership

Securities:

Stock Appreciation Rights

Nature of Transaction:

M - Exercise or conversion exempt under rule 16b-3

# or value acquired/disposed of:

-1,700

Price:

--
Feb 02, 2024 (filed on Feb 05, 2024)

Insider Name:

Hoffner Warren E III

Ownership Type:

Direct Ownership

Securities:

Common Stock

Nature of Transaction:

S - Open market or private sale

# or value acquired/disposed of:

-2,000

Price:

$182.34
Feb 01, 2024 (filed on Feb 05, 2024)

Insider Name:

Hoffner Warren E III

Ownership Type:

Direct Ownership

Securities:

Common Stock

Nature of Transaction:

F - Payment of exercise price or tax liability, exercise or vesting of a security under Rule 16b-3

# or value acquired/disposed of:

-1,249

Price:

$182.10
Feb 01, 2024 (filed on Feb 05, 2024)

Insider Name:

Hoffner Warren E III

Ownership Type:

Direct Ownership

Securities:

Common Stock

Nature of Transaction:

M - Exercise or conversion exempt under rule 16b-3

# or value acquired/disposed of:

1,700

Price:

$88.79
Jan 23, 2024 (filed on Jan 25, 2024)

Insider Name:

Chadwick Shelly Marie

Ownership Type:

Direct Ownership

Securities:

Common Stock

Nature of Transaction:

A - Grant, award or other under Rule 16b-3(d)

# or value acquired/disposed of:

850

Price:

--
Jan 23, 2024 (filed on Jan 25, 2024)

Insider Name:

Hall Mary Dean

Ownership Type:

Direct Ownership

Securities:

Common Stock

Nature of Transaction:

A - Grant, award or other under Rule 16b-3(d)

# or value acquired/disposed of:

850

Price:

--
Jan 23, 2024 (filed on Jan 25, 2024)

Insider Name:

Andrews Madhuri A

Ownership Type:

Direct Ownership

Securities:

Common Stock

Nature of Transaction:

A - Grant, award or other under Rule 16b-3(d)

# or value acquired/disposed of:

850

Price:

--
Jan 23, 2024 (filed on Jan 25, 2024)

Insider Name:

Wallace Peter C

Ownership Type:

Direct Ownership

Securities:

Common Stock

Nature of Transaction:

A - Grant, award or other under Rule 16b-3(d)

# or value acquired/disposed of:

1,035

Price:

--
Jan 23, 2024 (filed on Jan 25, 2024)

Insider Name:

Raver Joe Anthony

Ownership Type:

Direct Ownership

Securities:

Common Stock

Nature of Transaction:

A - Grant, award or other under Rule 16b-3(d)

# or value acquired/disposed of:

850

Price:

--

News

Biz Brief

Sector: Industrials	Industry: Industrial Machinery & Equipment

See Regulatory Filings on SEC

Company Contact

Address:	One Applied Plaza CLEVELAND OH 44115-5056
Tel:	1-216-4264887
Website:	https://www.applied.com
IR:	See website

Key People

Neil A. Schrimsher President, Chief Executive Officer, Director	David K. Wells Chief Financial Officer, Vice President, Treasurer	Kurt W. Loring Chief Human Resource Officer, Vice President
Jon S. Ploetz Vice President, General Counsel, Company Secretary	Warren E. Hoffner Vice President, General Manager - Engineered Solutions	Jason W. Vasquez Vice President - Sales and Marketing, U.S. Service Centers

Business Overview

Applied Industrial Technologies, Inc. is a value-added distributor and technical solutions provider of industrial motion, fluid power, flow control, automation technologies, and related maintenance supplies. The Company's segments include Service Center Based Distribution and Engineered Solutions. The Service Center Based Distribution segment operates through 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. Its products include industrial bearings, motors, belting, drives, couplings, pumps, linear motion products, hydraulic and pneumatic components, filtration supplies, and hoses. The Engineered Solutions segment includes its operations that specialize in distributing, engineering, designing, integrating, and repairing hydraulic and pneumatic fluid power technologies, and engineered flow control products and services.

Financial Overview

For the six months ended 31 December 2023, Applied Industrial Technologies Inc revenues increased 2% to $2.17B. Net income increased 18% to $185.1M. Revenues reflect Engineered Solutions segment increase of 23% to $696.5M, Service Center Based Distribution segment increase of 4% to $1.48B, United States segment increase of 3% to $1.9B. Net income benefited from Service Center Based Distribution segment income increase of 7% to $188.3M.

Employees:	6,365 as of Dec 31, 2023

Reporting Currency:	U.S. Dollars
Enterprise value:	$7,299M as of Dec 31, 2023
Annual revenue (TTM):	$4,462M as of Dec 31, 2023
EBITDA (TTM):	$541.93M as of Dec 31, 2023
Net annual income (TTM):	$374.46M as of Dec 31, 2023
Free cash flow (TTM):	$345.25M as of Dec 31, 2023
Net Debt Last Fiscal Year:	$184.16M as of Dec 31, 2023
Shares outstanding:	38,669,465 as of Jan 18, 2024
Index Membership:	S&P 400 Mid Cap
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization