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Anixter International
Type
Public
Traded as NYSE: AXE
S&P 600 Component
Industry Distribution (business)
Founded 1957
Headquarters Glenview, IL
Key people
Robert Eck, CEO
Products Communication products and electrical and electronic wire and cable, and a leading distributor of OEM fasteners and aerospace hardware
Revenue IncreaseUS$7.623 billion (FY 2016)
Operating income
IncreaseUS$285.3 million (FY 2016)
Net income
DecreaseUS$120.5 million(FY 2016)
Total assets DecreaseUS$ 4.094 billion (FY 2016)
Total equity IncreaseUS$1.292 billion (FY 2016)
Number of employees
8,900 (2016)
Website www.anixter.com

Anixter International is a company based in Glenview, Illinois, United States and founded in 1957. The company supplies communications and security products and electrical and electronic wire and cable. Anixter is a Fortune 500 company. In 2011, the company had $6.15 billion in revenue, operating in 260 cities in 50 countries.

The company operates with three major divisions: Network & Security Solutions, Electrical and Electronic Solutions, and Utility Power Solutions. Aerospace Hardware, once considered the fourth division, was sold by Anixter in 2011 to Greenbriar Equity.[1]

In 2002 Anixter was named as a Forbes "Platinum 400" company. In 2013, Fortune ranked Anixter 405 in the Fortune 500 list.

Anixter was started in 1957 by brothers Alan and Bill Anixter. Known originally as Anixter Brothers, the two opened Anixter as a wholesale distribution company that resold cable. The two brothers received a $10,000 loan from their mother to get the business started, and within 10 years grew revenue to $10 million. In 1969, Anixter moved its headquarters to Skokie. In an interview with the Chicago Tribune, Alan Anixter said he carried a list of acquisitions in his pocket, and by the end of the 1960s, Anixter acquired 19 companies. Anixter went public on the American Stock Exchange in 1967 and expanded to the U.K. in 1972. In 1975, Anixter gained a listing on the New York Stock Exchange, and by the end of the 1970s it had $268 million in sales and 38 warehouses in the U.S., nine in Canada, three in the U.K. and one in the Netherlands.

With the breakup of AT&T in early 1984, Anixter went about hiring executives from phone companies and suppliers and invested heavily in its telecommunications business. Until this time, regional telephone companies had to buy their equipment directly from AT&T’s Western Electric Company; however, this ruling allowed a business like Anixter’s to sell direct to regional telephone companies. By the mid 1980s, telecommunications sales made up 60 to 70 percent of Anixter’s business. In 1987, the holding company bought Anixter, which had moved into the data communications business. Itel was led by Samuel Zell, who had become chairman in 1985. In the late 1980s, Anixter created a program called Levels to compare one brand of cable to the other. By the 1990s, the Levels program became industry standard, and in 2003, Anixter sold the Levels program to Underwriters Laboratories. In 1989, Anixter crossed the $1 billion mark in sales. By the 1990s, Itel made Anixter its core operation, and in 1995, Itel changed its name to Anixter. In the 1990s, Anixter continued to expand into different markets. It entered the Mexico market in 1991, Australia in 1992, and Eastern Europe and Asia Pacific in 1993. Anixter entered the South American market in 1995. In the later 1990s and 2000s, Anixter purchased Pacer Electronics, Pentacon, Walters Hexagon, DDI, Infast Group, MFU, Eurofast, Total Supply Solutions, Quality Screw & Nut and Quality Screw de Mexico, World Class Wire & Cable, Sofrasar, CamilleGergen, CLARK Security Products and Jorvex.

Q reports

Period Date Adjusted Actuals EPS GAAP EPS
Q3 2020 2020-10-28 Future report Set alerts
Q2 2020 2020-07-23 Future report Set alerts
Q1 2020 2020-04-28 1.28 1.03
Q4 2019 2020-02-04 2.18 2.93
Q3 2019 2019-10-30 1.92 1.73
Q2 2019 2019-07-25 2.05 1.86
Q1 2019 2019-04-23 1.33 1.14
Q4 2018 2019-01-29 1.53 1.22
Q3 2018 2018-10-23 1.61 1.40
Q2 2018 2018-07-26 1.53 1.02

Ratings

2016-04-25 Boost Price Target Imperial Capital In to In-Line $49.00 to $60.00
2016-03-28 Boost Price Target Buckingham Research Buy $105.00 to $115.00
2016-02-20 Reiterated Rating Imperial Capital Hold
2016-02-19 Lower Price Target Imperial Capital In to In-Line $70.00 to $49.00
2016-02-03 Lower Price Target Robert W. Baird Neutral $66.00 to $50.00
2016-01-14 Lower Price Target Robert W. Baird $73.00 to $66.00
2015-10-28 Boost Price Target Robert W. Baird $70.00 to $73.00
2015-10-19 Lower Price Target Imperial Capital In to In-Line $73.00 to $70.00
2015-09-10 Upgrade Longbow Research Neutral to Buy $78.00
2015-07-30 Boost Price Target Imperial Capital In to line $70.00 to $73.00
2015-07-09 Initiated Coverage Imperial Capital In to In-Line $70.00
2015-02-04 Set Price Target Credit Suisse Sell $81.00
2015-02-04 Set Price Target Credit Suisse Group AG Sell $81.00
2015-01-09 Downgrade BB&T Corp. Buy to Hold
2014-09-09 Reiterated Rating Credit Suisse Underperform
2014-07-31 Lower Price Target Robert W. Baird $108.00 to $102.00
2014-06-09 Downgrade Robert W. Baird Outperform to Neutral $108.00
2014-04-30 Reiterated Rating Robert W. Baird Outperform $115.00 to $108.00
2014-02-21 Boost Price Target Robert W. Baird $103.00 to $115.00
2014-02-05 Downgrade Cross Research Hold
2014-01-31 Lower Price Target Buckingham Research $103.00 to $101.00
2014-01-31 Boost Price Target Wunderlich Buy $97.00 to $105.00
2013-10-23 Lower Price Target Robert W. Baird Outperform $96.00 to $94.00
2013-10-23 Boost Price Target Credit Suisse $70.00 to $75.00
2013-10-04 Boost Price Target Robert W. Baird Outperform $86.00 to $96.00
2011-06-28 Upgrade Robert W. Baird Neutral to Outperform $88
2009-09-02 Initiated Morgan Keegan Outperform
2009-07-17 Initiated Longbow Neutral
2009-05-15 Upgrade William Blair Mkt Perform to Outperform
2009-04-01 Downgrade Robert W. Baird Outperform to Neutral $45 to $37
2009-02-04 Upgrade Stifel Nicolaus Hold to Buy $51.50
2016-04-25 Boost Price Target Imperial Capital In to In-Line $49.00 to $60.00
2016-03-28 Boost Price Target Buckingham Research Buy $105.00 to $115.00
2016-02-20 Reiterated Rating Imperial Capital Hold
2016-02-19 Lower Price Target Imperial Capital In to In-Line $70.00 to $49.00
2016-02-03 Lower Price Target Robert W. Baird Neutral $66.00 to $50.00

There is presents forecasts of rating agencies and recommendations for investors about this ticker

Major Shareholders

Name Relationship Total Shares Holding stocks
ZELL SAMUEL 11.46%  (3753262) AXE / BXMT / CVA / CWH / ELS / EQR /
SAMSTOCK SIT LLC 11.13%  (3647147) AXE /
CHAI TRUST CO LLC 5.49%  (1797147) AXE /
Eck Robert J. President & CEO 0.69%  (224481) AXE / R /
SLOAN STUART M 0.31%  (100476) AXE / PCO /
GRUBBS ROBERT W 0.30%  (98469) AXE / SNDR /
Dosch Ted A Executive VP-Finance & CFO 0.28%  (93159) AXE / UGI /
Standish William Executive VP - Operations 0.28%  (90797) AXE /
Galvin William Executive VP - ECS 0.25%  (80570) AXE /
KLEIN MELVYN N 0.21%  (69651) AXE /
BLYTH LORD JAMES 0.20%  (66284) AXE /
HANDY F PHILIP 0.18%  (60576) AXE / IRG / OC / WCIC /
ZELL MATTHEW 0.15%  (47968) AXE / PENX /
MUNOZ GEORGE 0.14%  (44340) AXE / LAUR / MAR / MO /
Choi Justin C EVP-General Counsel, Secretary 0.12%  (39384) AXE / PULS /
BYNOE LINDA 0.12%  (37681) AXE / EQR / NTRS /
Smith Rodney Arthur VP - Human Resources 0.11%  (37351) AXE /
Graham Robert W EVP - Global Wire & Cable 0.10%  (32267) AXE /
FABER TERRANCE VP-Controller 0.08%  (26377) AXE /
BRACE FREDERIC F 0.07%  (24208) AXE / MPO /
SHOEMAKER RODNEY A VP-Treasurer 0.07%  (21612) AXE /
Clarke Ian Executive VP-Fasteners 0.06%  (19579) AXE /
Geary William Clayton EVP-NSS 0.05%  (16217) AXE /
MENO PHILIP F Vice President-Taxes 0.04%  (14587) AXE /
Ramsbottom Scott EVP-Chief Information Officer 0.04%  (14586) AXE /
Berardesca Giulio Executive VP - Wire & Cable 0.04%  (13128) AXE /
Tisera John M EVP-Power Solutions Utility 0.04%  (12882) AXE / BXC /
Peppet Scott R 0.03%  (9915) AXE /
Sheppard Valarie L 0.02%  (8112) AXE / PG /
McGee Orlando EVP-Operations 0.01%  (4338) AXE /
Shashaguay Katie Vice President-Internal Audit 0.01%  (4040) AXE /
Mocciaro Ilaria SVP-Controller, CAO 0.01%  (3818) AXE /

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