Applied Industrial Technologies, Inc. $AIT Shares Purchased by Segall Bryant & Hamill LLC

Posted by Brian Himes on Aug 1st, 2026

Segall Bryant & Hamill LLC increased its holdings in shares of Applied Industrial Technologies, Inc. (NYSE:AIT – Free Report) by 15.5% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 110,642 shares of the industrial products company’s stock after buying an additional 14,863 shares during the period. Segall Bryant & Hamill LLC’s holdings in Applied Industrial Technologies were worth $29,356,000 at the end of the most recent quarter.

A number of other hedge funds also recently added to or reduced their stakes in the business. Goldman Sachs Group Inc. increased its position in shares of Applied Industrial Technologies by 4.1% during the first quarter. Goldman Sachs Group Inc. now owns 381,187 shares of the industrial products company’s stock worth $85,897,000 after acquiring an additional 14,926 shares during the period. Empowered Funds LLC purchased a new stake in Applied Industrial Technologies during the 1st quarter worth about $318,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its position in Applied Industrial Technologies by 12.4% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 98,348 shares of the industrial products company’s stock valued at $22,162,000 after purchasing an additional 10,863 shares in the last quarter. Focus Partners Wealth boosted its stake in shares of Applied Industrial Technologies by 4.5% in the 1st quarter. Focus Partners Wealth now owns 1,341 shares of the industrial products company’s stock valued at $302,000 after buying an additional 58 shares during the period. Finally, M&T Bank Corp acquired a new position in shares of Applied Industrial Technologies during the second quarter worth about $217,000. 93.52% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several analysts recently weighed in on AIT shares. Robert W. Baird set a $317.00 target price on shares of Applied Industrial Technologies in a report on Wednesday, April 29th. Wall Street Zen downgraded shares of Applied Industrial Technologies from a “buy” rating to a “hold” rating in a research report on Saturday, May 2nd. KeyCorp raised their price objective on shares of Applied Industrial Technologies from $350.00 to $375.00 and gave the company an “overweight” rating in a report on Monday, July 13th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Applied Industrial Technologies in a research report on Tuesday, July 21st. Finally, DA Davidson assumed coverage on Applied Industrial Technologies in a report on Tuesday, June 16th. They issued a “buy” rating and a $380.00 target price on the stock. Seven equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $336.71.

View Our Latest Stock Report on Applied Industrial Technologies

Applied Industrial Technologies Price Performance

AIT stock opened at $345.55 on Friday. The business has a 50 day moving average price of $327.60 and a 200 day moving average price of $297.94. The company has a quick ratio of 1.97, a current ratio of 2.95 and a debt-to-equity ratio of 0.19. The stock has a market cap of $12.77 billion, a price-to-earnings ratio of 32.63, a PEG ratio of 2.93 and a beta of 0.83. Applied Industrial Technologies, Inc. has a fifty-two week low of $238.34 and a fifty-two week high of $352.76.

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

Applied Industrial Technologies Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, August 31st. Stockholders of record on Friday, August 14th will be issued a $0.51 dividend. 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 presently 19.26%.

Insiders Place Their Bets

In other Applied Industrial Technologies news, VP Warren E. Hoffner III sold 8,000 shares of the company’s stock in a transaction on Tuesday, May 5th. The shares were 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 in the company, valued at $12,471,436.04. This represents a 16.41% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, Director Madhuri A. Andrews sold 3,845 shares of the firm’s stock in a transaction dated Thursday, June 18th. The stock was sold at an average price of $329.89, for a total value of $1,268,427.05. Following the transaction, the director directly owned 4,951 shares in the company, valued at approximately $1,633,285.39. The trade was a 43.71% decrease in their position. The SEC filing for this sale provides additional information. Company insiders own 1.60% of the company’s stock.

Applied Industrial Technologies Profile

(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.