Applied Industrial Technologies, Inc. Common Stock (AIT)
Frequently Asked Questions About Applied Industrial Technologies, Inc. Common Stock (AIT)
Has Applied Industrial Technologies made any acquisitions recently?
Yes, Applied Industrial Technologies has pursued strategic acquisitions to enhance its product and service offerings. These acquisitions aim to expand its market presence and incorporate new technologies that benefit its customers.
How can investors find more information about Applied Industrial Technologies?
Investors can find more information about Applied Industrial Technologies by visiting the company's official website, exploring their latest investor relations releases, and checking financial news platforms for updates on stock performance and corporate announcements.
How does Applied Industrial Technologies address employee training and development?
Applied Industrial Technologies invests in employee training and development programs to enhance workforce skills and knowledge. Their focus on continuous learning ensures that employees stay updated with industry trends and product innovations.
How does Applied Industrial Technologies engage with the community?
Applied Industrial Technologies engages with the community through various corporate social responsibility initiatives, including support for local charities, volunteer programs, and partnerships aimed at improving community welfare and education.
How does Applied Industrial Technologies ensure product quality?
Applied Industrial Technologies is committed to quality assurance through rigorous supplier evaluations, stringent quality control processes, and adherence to industry standards. This ensures that customers receive reliable and high-quality products.
How does Applied Industrial Technologies support sustainability?
Applied Industrial Technologies supports sustainability by promoting energy-efficient products and solutions, minimizing waste in operations, and encouraging sustainable practices throughout its supply chain. The company recognizes its role in reducing environmental impacts.
On which stock exchange is Applied Industrial Technologies listed?
Applied Industrial Technologies is listed on the New York Stock Exchange (NYSE) under the ticker symbol AIT. Being publicly traded allows the company to raise capital and gives investors the opportunity to share in its growth.
What are the recent financial highlights for Applied Industrial Technologies?
Recent financial highlights for Applied Industrial Technologies typically include year-over-year revenue growth, increases in net income, and positive earnings trends. For specific figures, you may refer to their most recent quarterly earnings report.
What does Applied Industrial Technologies, Inc. do?
Applied Industrial Technologies, Inc. is a leading distributor of industrial products and a provider of related services. The company specializes in fluid power, bearings, power transmission, and other industrial products. They serve diverse markets, including manufacturing, construction, and energy, by providing quality products and expert solutions.
What financial performance metrics are important for Applied Industrial Technologies?
Key financial performance metrics for Applied Industrial Technologies include revenue growth, profit margins, return on investment (ROI), and earnings per share (EPS). Investors often analyze these metrics to assess the company's financial health and profitability.
What industries does Applied Industrial Technologies serve?
Applied Industrial Technologies serves a wide range of industries including manufacturing, construction, energy, and more. Their expertise in various sectors allows them to deliver tailored solutions that meet the specific needs of their customers.
What is the company's approach to customer service?
Applied Industrial Technologies prides itself on delivering excellent customer service by understanding client needs, offering expert advice, and providing timely and reliable support. Their customer-centric approach aims to foster long-term relationships.
What is the mission of Applied Industrial Technologies?
The mission of Applied Industrial Technologies is to provide exceptional customer service and innovative solutions in the industrial supply market. They focus on building lasting partnerships with customers while contributing to their success.
What services does Applied Industrial Technologies offer?
Applied Industrial Technologies offers a range of value-added services such as inventory management, custom fabrication, engineering services, and maintenance programs. These services help customers optimize their operations and reduce downtime.
What technologies is Applied Industrial Technologies adopting for the future?
Applied Industrial Technologies is embracing advanced technologies, including automation, IoT, and data analytics, to enhance operational efficiency and service offerings. By leveraging these technologies, the company aims to provide innovative solutions to its customers.
What types of products does Applied Industrial Technologies distribute?
The company distributes a variety of industrial products, including bearings, power transmission components, fluid power products, hydraulics, pneumatics, and maintenance supplies. Their extensive inventory is designed to support various industrial operations.
When was Applied Industrial Technologies founded?
Applied Industrial Technologies was founded in 1923. Since its inception, the company has focused on providing industrial products and services, growing steadily to become a key player in the distribution of industrial components.
Where is Applied Industrial Technologies headquartered?
Applied Industrial Technologies is headquartered in Cleveland, Ohio. The location serves as the central hub from which the company operates its various subsidiaries and service operations across North America.
Who are the major competitors of Applied Industrial Technologies?
Major competitors of Applied Industrial Technologies include companies like Grainger, MSC Industrial Direct, Fastenal, and Motion Industries. These companies also supply industrial products and services, contributing to a competitive marketplace.
What is the current price of Applied Industrial Technologies, Inc. Common Stock?
The current price of Applied Industrial Technologies, Inc. Common Stock is 222.09
When was Applied Industrial Technologies, Inc. Common Stock last traded?
The last trade of Applied Industrial Technologies, Inc. Common Stock was at 9:56 am EDT on April 3rd, 2025
What is the market capitalization of Applied Industrial Technologies, Inc. Common Stock?
The market capitalization of Applied Industrial Technologies, Inc. Common Stock is 8.55B
How many shares of Applied Industrial Technologies, Inc. Common Stock are outstanding?
Applied Industrial Technologies, Inc. Common Stock has 38.52M shares outstanding.