Applied Industrial Technologies, Inc.

NYSE (USD): Applied Industrial Technologies, Inc. (AIT)

Last Price

266.13

Today's Change

+29.93 (12.67%)

Day's Change

255.86 - 267.59

Trading Volume

287,864

Profile
AIT

Exchange:  New York Stock Exchange New York Stock Exchange

Currency:  USD USD

Sector:  Industrials - Industrials Industrials - Industrials

Industry: 

CEO:  Mr. Neil A. Schrimsher Mr. Neil A. Schrimsher

Full Time Employees:  6,549 6,549

IPO Date:  1980-03-17 1980-03-17

CIK:  0000109563 0000109563

ISIN:  US03820C1053 US03820C1053

CUSIP:  03820C105 03820C105

Beta:  1.03 1.03

Last Dividend:  1.48 1.48

Dcf Diff:  87.39 87.39

Dcf:  179.10 179.10

Description

Applied Industrial Technologies, Inc. distributes industrial motion, power, control, and automation technology solutions in North America, Australia, New Zealand, and Singapore. It operates through two segments, Service Center Based Distribution, and Fluid Power & Flow Control. The company distributes bearings, power transmission products, engineered fluid power components and systems, specialty flow control solutions, advanced automation products, industrial rubber products, linear motion components, automation solutions, tools, safety products, oilfield supplies, and other industrial and maintenance supplies; and motors, belting, drives, couplings, pumps, hydraulic and pneumatic components, filtration supplies, valves, fittings, process instrumentation, actuators, and hoses, filtration supplies, as well as other related supplies for general operational needs of customers' machinery and equipment. It also operates fabricated rubber shops and service field crews that install, modify, and repair conveyor belts and rubber linings, as well as offer hose assemblies. In addition, the company provides equipment repair and technical support services. It distributes industrial products through a network of service centers. The company serves various industries, including agriculture and food processing, cement, chemicals and petrochemicals, fabricated metals, forest products, industrial machinery and equipment, life sciences, mining, oil and gas, primary metals, technology, transportation, and utilities, as well as government entities. The company was formerly known as Bearings, Inc. and changed its to name to Applied Industrial Technologies, Inc. in 1997. The company was founded in 1923 and is headquartered in Cleveland, Ohio.

Address

1 Applied Plaza,
Cleveland, OH 44115, US

216 426 4000

http://www.applied.com

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