Highest-materiality recent filing
Applied Industrial Q3 EPS $2.65; raises FY26 EPS guidance to $10.64-$10.75
Net sales $1.3B (+7.3% YoY); net income $99.8M; EPS $2.65 (+3.1% YoY).
Applied Industrial Q2 EPS $2.51 (+4.6%); dividend +11%; FY26 guidance raised
Net sales $1.2B (+8.4% YoY, organic +2.2%); net income $95.3M, diluted EPS $2.51.
Applied Industrial Q1 EPS $2.63 beats; revenue $1.2B up 9.2%; raises FY26 EPS guidance
Net sales $1.2B, up 9.2% YoY (organic +3.0%); net income $100.8M ($2.63 EPS).
Applied Industrial Technologies enters $900M credit facility, replaces 2021 agreement
$900M senior unsecured revolving credit facility matures Oct 24, 2030, replacing prior $900M facility.
Applied Industrial annual meeting elects three directors, approves say-on-pay and auditor
Mary Dean Hall, Joe A. Raver, Richard J. Simoncic elected as directors for three-year terms; each received over 28.5M votes for.
Q4 net income $107.8M, EPS $2.80; EBITDA $153.0M (down 0.3% YoY).
Applied Industrial extends AR securitization maturity to July 10, 2028
Receivables Facility maturity extended from Aug. 4, 2026 to July 10, 2028.
Net sales $1.2B up 1.8% YoY; organic daily sales down 3.1% on weaker demand.
Applied Industrial Q2 EPS $2.39 beats; raises FY25 guidance, dividend up 24%
Net sales $1.1B down 0.4% YoY; organic daily sales -3.4%.
Applied Industrial completes $273M acquisition of Hydradyne, LLC
Completed acquisition of Hydradyne on Dec 31, 2024 for approx. $273M in cash, subject to post-closing adjustments.
Applied Industrial Technologies to acquire Hydradyne for $272M in cash, accretive to EPS
Deal value $272M; expected close in Q4 2024; funded from cash on hand.
AIT retirement plan moving to Schwab; trading blackout Dec 20 to Jan 19
Plan migrates from Principal to Schwab; blackout begins Dec 20, 2024 at 4pm ET, ends week of Jan 19, 2025.
Richard M. Wagner appointed principal accounting officer at Applied Industrial Technologies
Effective after Oct 25, 2024, Wagner assumes principal accounting officer role from David K. Wells.
Applied Industrial Q1 FY25 EPS $2.36, organic sales down 3.0%; FY25 EPS guidance raised
Net sales $1.1B, up 0.3% YoY; organic daily sales down 3.0% (Service Center -1.4%, Engineered Solutions -6.1%).
Shareholders elect directors, approve executive compensation, ratify auditor
Madhuri A. Andrews elected with 31,787,335 votes for (3,292,178 withheld).
Applied Industrial Q4 EPS $2.64, up 12.6% YoY; FY2025 guidance $9.20-$9.95
Q4 net sales $1.2B (+0.2% YoY); organic daily -2.0%. Net income $103.5M, EPS $2.64 (+12.6% YoY).
Applied Industrial elects Microchip COO Simoncic to board; Komnenovich to retire Oct 2024
Richard J. Simoncic, 61, elected to board effective Aug 13, 2024; term until Oct 2025.
Applied Industrial Q3 net sales $1.1B, EPS $2.48; announces acquisition of Grupo Kopar
Net sales $1.1B, up 1.3% YoY; organic daily +0.7%. Net income $97.2M, EPS $2.48 diluted.
Effective after October 25, 2024, Richard M. Wagner is assuming the role of principal accounting officer of Applied Industrial Technologies, Inc. ('Applied'), taking over for David K. Wells, Vice President – Chief Financial Officer & Treasurer of Applied, who will continue to be Applied’s principal financial officer.
Dan Komnenovich submitted his notice of retirement from the Board of Directors of Applied, effective at Applied’s annual meeting of shareholders on October 22, 2024.
On August 13, 2024, Richard J. Simoncic, age 61, was elected to the Board of Directors of Applied Industrial Technologies, Inc. (“Applied”), with a term expiring in October 2025.
Max materiality 0.80 · Median 0.75 · Most common event earnings