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Applied Industrial Technologies Inc (AIT.N)

AIT.N on New York Stock Exchange

70.70USD
22 Jan 2018
Change (% chg)

$-0.45 (-0.63%)
Prev Close
$71.15
Open
$71.15
Day's High
$71.15
Day's Low
$69.70
Volume
34,948
Avg. Vol
55,951
52-wk High
$71.75
52-wk Low
$54.05

Latest Key Developments (Source: Significant Developments)

Applied Industrial Technologies To Acquire FCX Performance Inc
Tuesday, 9 Jan 2018 

Jan 9 (Reuters) - Applied Industrial Technologies Inc ::APPLIED INDUSTRIAL TECHNOLOGIES TO ACQUIRE FCX PERFORMANCE, INC..APPLIED INDUSTRIAL TECHNOLOGIES INC - DEAL FOR ‍TOTAL CONSIDERATION OF APPROXIMATELY $768 MILLION​.APPLIED INDUSTRIAL TECHNOLOGIES INC - DEAL WILL BE FINANCED WITH NEW CREDIT FACILITY COMPRISED OF A $780 MILLION TERM LOAN A AND $250 MILLION REVOLVER.APPLIED INDUSTRIAL TECHNOLOGIES INC - DEAL EXPECTED TO BE ACCRETIVE IN FY 2019 AFTER RECOGNITION OF RELATED ONE-TIME DEAL COSTS IN FY 2018.APPLIED INDUSTRIAL TECHNOLOGIES-ACQUISITION ANTICIPATED TO CONTRIBUTE ABOUT $550 MILLION IN SALES, $68 MILLION IN EBITDA IN FIRST 12 MONTHS OF CO'S OWNERSHIP​.APPLIED INDUSTRIAL TECHNOLOGIES TO ACQUIRE FCX PERFORMANCE, INC..  Full Article

Applied Industrial Technologies reports Q1 EPS of $0.86
Wednesday, 25 Oct 2017 

Oct 25 (Reuters) - Applied Industrial Technologies Inc :Applied industrial technologies reports fiscal 2018 first quarter results.Q1 earnings per share $0.86.Q1 sales $680.7 million versus I/B/E/S view $667.7 million.Q1 earnings per share view $0.76 -- Thomson Reuters I/B/E/S.Applied Industrial Technologies Inc - ‍updates full-year guidance​.Applied Industrial Technologies Inc - ‍narrowing full-year 2018 guidance range for earnings per share to between $3.10 and $3.20 per share​.FY2018 earnings per share view $3.10 -- Thomson Reuters I/B/E/S.  Full Article

Applied Industrial Technologies reports Q4 earnings per share $1.34
Friday, 11 Aug 2017 

Aug 11 (Reuters) - Applied Industrial Technologies Inc :Applied industrial technologies reports fiscal 2017 fourth quarter and year-end results.Q4 earnings per share $1.34.Q4 sales $681.5 million versus I/B/E/S view $680.2 million.Q4 earnings per share view $0.78 -- Thomson Reuters I/B/E/S.Sees FY 2018 earnings per share $3.00 to $3.20.Sees FY 2018 sales up 3 to 5 percent.FY2018 earnings per share view $3.05, revenue view $2.71 billion -- Thomson Reuters I/B/E/S.  Full Article

Applied Industrial Technologies acquires Sentinel Fluid Controls
Monday, 6 Mar 2017 

Applied Industrial Technologies Inc : Applied Industrial Technologies acquires Sentinel Fluid Controls .Terms of purchase were not disclosed.  Full Article

Applied Industrial Q4 earnings per share $0.66
Friday, 12 Aug 2016 

Applied Industrial Technologies Inc : Applied Industrial Technologies reports fiscal 2016 fourth quarter and year-end results . Q4 earnings per share $0.66 . Net sales for quarter were $634.0 million, a decrease of 6.4 percent . Q4 sales $634 million vs I/B/E/S view $642.3 million . Q4 earnings per share view $0.66 -- Thomson Reuters I/B/E/S . Company is forecasting a sales change in range of negative 3.0 percent to up 1.0 percent for full-year 2017 . Sees full-year 2017 earnings per share $2.40 to $2.60 . Full-year 2016 earnings per view $2.49, rev view $2.53 billion -- Thomson Reuters I/B/E/S .Full-year 2017 earnings per share view $2.66, rev view $2.57 billion -- Thomson Reuters I/B/E/S.  Full Article

Applied Industrial buys Seals Unlimited in Ontario
Wednesday, 15 Jun 2016 

Applied Industrial Technologies Inc : Terms of sale were not disclosed . Applied industrial technologies acquires Seals Unlimited of Burlington, Ontario .Applied Industrial Technologies Inc says has acquired Seals Unlimited.  Full Article