Applied Industrial Technologies, Inc. (NYSE:AIT) Receives Average Rating of “Moderate Buy” from Brokerages

Posted by Stanley Muller on Jul 30th, 2026

Shares of Applied Industrial Technologies, Inc. (NYSE:AIT – Get Free Report) have received an average rating of “Moderate Buy” from the eight brokerages that are presently covering the stock, Marketbeat.com reports. One equities research analyst has rated the stock with a hold rating and seven have assigned a buy rating to the company. The average 12 month price objective among analysts that have issued a report on the stock in the last year is $336.7143.

A number of equities analysts recently weighed in on AIT shares. Robert W. Baird set a $317.00 price target on shares of Applied Industrial Technologies in a report on Wednesday, April 29th. Mizuho increased their target price on shares of Applied Industrial Technologies from $330.00 to $355.00 and gave the stock an “outperform” rating in a research report on Tuesday, July 21st. Oppenheimer boosted their price target on shares of Applied Industrial Technologies from $300.00 to $350.00 and gave the company an “outperform” rating in a research report on Wednesday, April 29th. DA Davidson started coverage on shares of Applied Industrial Technologies in a research note on Tuesday, June 16th. They set a “buy” rating and a $380.00 price target on the stock. Finally, KeyCorp raised their price objective on shares of Applied Industrial Technologies from $350.00 to $375.00 and gave the stock an “overweight” rating in a report on Monday, July 13th.

View Our Latest Research Report on Applied Industrial Technologies

Insiders Place Their Bets

In related news, Director Madhuri A. Andrews sold 3,845 shares of the stock in a transaction dated Thursday, June 18th. The stock was sold at an average price of $329.89, for a total transaction of $1,268,427.05. Following the sale, the director owned 4,951 shares of the company’s stock, valued at approximately $1,633,285.39. This represents a 43.71% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, VP Warren E. Hoffner III sold 8,000 shares of the firm’s stock in a transaction dated Tuesday, May 5th. The stock was sold at an average price of $306.04, for a total value of $2,448,320.00. Following the completion of the transaction, the vice president owned 40,751 shares of the company’s stock, valued at approximately $12,471,436.04. This represents a 16.41% decrease in their position. The SEC filing for this sale provides additional information. 1.60% of the stock is owned by company insiders.

Institutional Investors Weigh In On Applied Industrial Technologies

Several hedge funds and other institutional investors have recently modified their holdings of AIT. Corient Private Wealth LLC boosted its position in shares of Applied Industrial Technologies by 22,451.0% in the fourth quarter. Corient Private Wealth LLC now owns 585,423 shares of the industrial products company’s stock valued at $150,319,000 after acquiring an additional 582,827 shares during the period. Norges Bank purchased a new position in Applied Industrial Technologies during the fourth quarter valued at approximately $125,044,000. M&T Bank Corp increased its holdings in Applied Industrial Technologies by 33,181.4% during the 4th quarter. M&T Bank Corp now owns 300,864 shares of the industrial products company’s stock worth $81,322,000 after acquiring an additional 299,960 shares during the period. Adage Capital Partners GP L.L.C. increased its holdings in Applied Industrial Technologies by 4,933.8% during the 4th quarter. Adage Capital Partners GP L.L.C. now owns 264,575 shares of the industrial products company’s stock worth $67,935,000 after acquiring an additional 259,319 shares during the period. Finally, First Trust Advisors LP lifted its stake in Applied Industrial Technologies by 34.3% in the 1st quarter. First Trust Advisors LP now owns 978,840 shares of the industrial products company’s stock worth $259,706,000 after purchasing an additional 249,961 shares in the last quarter. 93.52% of the stock is currently owned by institutional investors.

Applied Industrial Technologies Stock Down 3.9%

Shares of NYSE AIT opened at $334.46 on Thursday. The stock has a market capitalization of $12.36 billion, a P/E ratio of 31.58, a P/E/G ratio of 3.00 and a beta of 0.83. The company has a 50-day moving average price of $326.14 and a 200-day moving average price of $297.12. Applied Industrial Technologies has a 1 year low of $238.34 and a 1 year high of $352.76. The company has a debt-to-equity ratio of 0.19, a current ratio of 2.95 and a quick ratio of 1.97.

Applied Industrial Technologies (NYSE:AIT – Get Free Report) last posted its earnings results on Tuesday, April 28th. The industrial products company reported $2.65 EPS for the quarter, topping the consensus estimate of $2.63 by $0.02. The company had revenue of $1.25 billion during the quarter, compared to the consensus estimate of $1.23 billion. Applied Industrial Technologies had a net margin of 8.34% and a return on equity of 21.64%. The firm’s revenue for the quarter was up 7.3% on a year-over-year basis. During the same period in the previous year, the firm posted $2.57 earnings per share. On average, equities research analysts forecast that Applied Industrial Technologies will post 10.71 EPS for the current fiscal year.

Applied Industrial Technologies Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, August 31st. Shareholders of record on Friday, August 14th will be given a dividend of $0.51 per share. The ex-dividend date is Friday, August 14th. This represents a $2.04 annualized dividend and a dividend yield of 0.6%. Applied Industrial Technologies’s dividend payout ratio is currently 19.26%.

Applied Industrial Technologies Company Profile

(Get Free Report)

Applied Industrial Technologies, listed on the New York Stock Exchange under the symbol AIT, is a leading distributor of industrial products and services. The company offers a comprehensive range of bearings, power transmission components, fluid power products, industrial rubber products, and automation solutions. Through its network of distribution centers and branch locations, Applied Industrial Technologies serves diverse end markets including manufacturing, oil and gas, mining, food and beverage, and wastewater treatment.

Founded in 1923 and headquartered in Cleveland, Ohio, Applied Industrial Technologies has grown through a combination of organic expansion and strategic acquisitions.