Applied Industrial Technologies, Inc. (AIT) EPS Estimated At $1.01

July 14, 2018 - By Robert Shackelford

Applied Industrial Technologies, Inc. (NYSE:AIT) LogoInvestors sentiment decreased to 1.02 in Q1 2018. Its down 0.16, from 1.18 in 2017Q4. It turned negative, as 22 investors sold Applied Industrial Technologies, Inc. shares while 77 reduced holdings. 39 funds opened positions while 62 raised stakes. 32.05 million shares or 0.75% more from 31.81 million shares in 2017Q4 were reported.
Barrow Hanley Mewhinney Strauss Ltd Llc owns 112,014 shares. Clark Cap Mgmt Grp Inc has invested 0.14% in Applied Industrial Technologies, Inc. (NYSE:AIT). State Of Tennessee Treasury Department owns 28,135 shares or 0.01% of their US portfolio. Strs Ohio holds 0% of its portfolio in Applied Industrial Technologies, Inc. (NYSE:AIT) for 2,500 shares. Acadian Asset Limited Liability holds 10,217 shares or 0% of its portfolio. Bessemer Grp Inc accumulated 0.01% or 28,700 shares. Piedmont Inv Advisors Ltd Company holds 0.02% or 8,266 shares. Aperio Limited Liability Co holds 0% or 13,667 shares in its portfolio. Dupont Mgmt stated it has 8,850 shares. State Street Corporation holds 0.01% or 1.03M shares. Proshare holds 6,350 shares or 0% of its portfolio. 10,729 are held by Mason Street Advsrs Limited Liability Corp. Vantage Investment Limited Liability Corp invested in 80 shares or 0% of the stock. Jpmorgan Chase & holds 0.03% or 1.69 million shares in its portfolio. Eqis Cap Management holds 0.01% in Applied Industrial Technologies, Inc. (NYSE:AIT) or 2,754 shares.

Since February 2, 2018, it had 1 insider buy, and 6 insider sales for $1.65 million activity. BARLETT TODD A sold $285,000 worth of Applied Industrial Technologies, Inc. (NYSE:AIT) on Friday, February 2. 1,585 Applied Industrial Technologies, Inc. (NYSE:AIT) shares with value of $100,172 were bought by Raver Joe Anthony. 6,873 Applied Industrial Technologies, Inc. (NYSE:AIT) shares with value of $511,404 were sold by KELLY GREEN EDITH. 3,418 shares were sold by HILTZ L THOMAS, worth $252,248. BAUER FRED D sold $375,000 worth of Applied Industrial Technologies, Inc. (NYSE:AIT) on Friday, February 2.

Analysts expect Applied Industrial Technologies, Inc. (NYSE:AIT) to report $1.01 EPS on August, 10.They anticipate $0.23 EPS change or 29.49 % from last quarter’s $0.78 EPS. AIT’s profit would be $39.09 million giving it 18.12 P/E if the $1.01 EPS is correct. After having $1.05 EPS previously, Applied Industrial Technologies, Inc.’s analysts see -3.81 % EPS growth. The stock increased 1.04% or $0.75 during the last trading session, reaching $73.2. About 115,751 shares traded. Applied Industrial Technologies, Inc. (NYSE:AIT) has risen 12.89% since July 14, 2017 and is uptrending. It has outperformed by 0.32% the S&P500.

Applied Industrial Technologies, Inc. distributes industrial products in the United States, Puerto Rico, Canada, Mexico, Australia, New Zealand, and Singapore. The company has market cap of $2.83 billion. The firm offers its products for maintenance, repair, and operational, as well as original equipment manufacturing customers. It has a 18.67 P/E ratio. It operates in two divisions, Service Center-Based Distribution and Fluid Power Businesses.

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