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Applied Industrial Technologies (AIT)

(Delayed Data from NYSE)

$197.00 USD

197.00
333,102

+0.24 (0.12%)

Updated Aug 9, 2024 04:00 PM ET

After-Market: $197.03 +0.03 (0.02%) 7:58 PM ET

Zacks Rank:

This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.

Zacks Rank Definition Annualized Return
1Strong Buy24.03%
2Buy17.70%
3Hold9.37%
4Sell5.03%
5Strong Sell2.48%
S&P50011.19%

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2-Buy of 5   2      

Style Scores:

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.

Value Score A
Growth Score A
Momentum Score A
VGM Score A

Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

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C Value C Growth F Momentum C VGM

Industry Rank:

The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.

An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's.

The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.

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Zacks Industry Rank Education -- Learn more about the Zacks Industry Rank

Bottom 28% (179 out of 250)

Industry: Manufacturing - General Industrial

Better trading starts here.

Zacks News

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Manitowoc (MTW) is well-poised to gain from solid demand, focus on product innovation and efforts to grow its higher-margin aftermarket business.

Applied Industrial Technologies, Inc. (AIT) Hits Fresh High: Is There Still Room to Run?

Applied Industrial Technologies (AIT) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.

Dover (DOV) Closes FW Murphy Acquisition, Boosts Portfolio

Dover (DOV) completes the previously announced acquisition of FW Murphy, adding a high-quality asset with an attractive financial profile to its portfolio.

TriMas (TRS) Stock Down 7% in a Year: Will It Bounce Back in 2024?

TriMas' (TRS) results and price performance have been mirroring the persisting weakness in packaging demand, escalating raw material costs and supply-chain constraints.

Donaldson (DCI) Shares Rise 3% Since Q1 Earnings Release

Donaldson's (DCI) first-quarter fiscal 2024 gross margin increases 170 bps to 35.6% due to pricing benefits, deflation in freight and select material costs, and mix.

Sonoco (SON) Buys Inapel to Boost Its Packaging Portfolio

Sonoco (SON) acquires Brazil-based packaging manufacturer, Inapel.

Reasons to Retain Allegion (ALLE) Stock in Your Portfolio Now

Strength in the Allegion International segment and accretive acquisitions bode well for Allegion (ALLE). The company's measures to reward its shareholders are encouraging.

Tetra Tech (TTEK) Wins Water Utility Framework in Ireland

Tetra Tech (TTEK) secures a framework deal from Uisce Eireann to boost a capital investment program, which provides comprehensive drinking water and wastewater management services in Ireland.

Zebra Technologies' (ZBRA) Solution Chosen by Rockland Trust

Zebra Technologies (ZBRA) offers its Zebra Workcloud software solutions to boost Rockland Trust's customer experience by improving branch operations, and increasing visibility and communication.

Sealed Air (SEE) Declines 38% in a Year: Will It Recover in 2024?

Decline in volumes and supply-chain issues have been weighing on Sealed Air's (SEE) results and price performance.

Here's Why You Should Hold Grainger (GWW) in Your Portfolio Now

Grainger (GWW) gains from strong volume growth amid product shortages and elevated costs.

AGCO Corp (AGCO) Benefits From Pricing Actions Amid High Costs

AGCO Corp (AGCO) is gaining from higher sales of high-power tractors. Moreover, pricing and cost reduction, and strategic investments will help offset the impacts of elevated costs.

Berry Global (BERY) Gains 12.9% in a Year: Will the Trend Last?

Cost-reduction actions and accretive acquisition augur well for Berry Global (BERY). The company's shareholder-friendly policies are promising.

John Bean (JBT) Submits Non-Binding Proposal to Buy Marel

John Bean (JBT) submits a non-binding initial proposal to acquire Marel as part of its strategic initiative.

Strength in Industrial Unit Aids Graco (GGG), High Costs Ail

Graco (GGG) stands to benefit from the solid momentum in the Industrial segment, driven by improved project activity in the Asia Pacific region. However, cost inflation is concerning.

Here's Why You Should Hold on to Xylem (XYL) Stock Right Now

Strength in the Measurement & Control Solutions segment and the acquisition of Evoqua bode well for Xylem (XYL). The company's measures to reward its shareholders are encouraging.

Here's Why Hold Strategy is Apt for IDEX (IEX) Stock Now

Solid momentum in the fire and rescue businesses within the FSD segment and accretive acquisitions augur well for IDEX (IEX). The company's measures to reward its shareholders are encouraging.

General Electric (GE) Signs MOU to Produce Green Hydrogen

Per the MOU, General Electric's (GE) unit, GE Vernova's Power Conversion business, is set to combine its power systems offerings with Next Hydrogen's electrolysis technology to generate green hydrogen.

Komatsu (KMTUY) Inks Deal to Buy American Battery Solutions

Komatsu (KMTUY) announces plans to buy American Battery Solutions to manufacture its battery-powered construction and mining equipment.

Johnson Controls (JCI) Wins DOE Grant for Heat Pump Production

Johnson Controls (JCI) is awarded a $33 million grant from DOE to bolster domestic electric heat pump production by expanding three U.S.-based manufacturing facilities.

Applied Industrial Technologies (AIT) Is a Great Choice for 'Trend' Investors, Here's Why

If you are looking for stocks that are well positioned to maintain their recent uptrend, Applied Industrial Technologies (AIT) could be a great choice. It is one of the several stocks that passed through our "Recent Price Strength" screen.

Donaldson (DCI) Declares Buyback Authorization & Cash Dividend

Donaldson's (DCI) board of directors announces a new share buyback plan to repurchase 12 million shares of its common stock and a regular cash dividend of 25 cents per share.

Is Advanced Emissions Solutions (ADES) Outperforming Other Industrial Products Stocks This Year?

Here is how Advanced Emissions Solutions, Inc. (ADES) and Applied Industrial Technologies (AIT) have performed compared to their sector so far this year.

Nalak Das headshot

Buy 5 Manufacturing Stocks Despite Disappointing October PMI

We have narrowed our search to five manufacturing stocks with strong potential for the rest of 2023. AOS, ATR, AIT, EMR, GGG.

Berry Global (BERY) Q4 Earnings Beat Estimates, Revenues Miss

Berry Global's (BERY) fourth-quarter fiscal 2023 revenues decline 9.8% year over year due to reduced demand in the consumer and industrial markets.