Applied Industrial Technologies, Inc. (NYSE:AIT) Given Consensus Rating of “Buy” by Analysts

Posted by Brenda Bartman on Aug 29th, 2026

Applied Industrial Technologies, Inc. (NYSE:AIT – Get Free Report) has been given an average recommendation of “Buy” by the seven ratings firms that are presently covering the firm, MarketBeat reports. Seven research analysts have rated the stock with a buy recommendation. The average 1-year price target among brokers that have issued ratings on the stock in the last year is $400.00.

A number of analysts have recently weighed in on the stock. Mizuho upped their target price on shares of Applied Industrial Technologies from $355.00 to $400.00 and gave the stock an “outperform” rating in a research report on Friday, August 14th. Bank of America lifted their price target on Applied Industrial Technologies from $380.00 to $390.00 and gave the stock a “buy” rating in a research report on Friday, August 14th. Wall Street Zen raised shares of Applied Industrial Technologies from a “hold” rating to a “buy” rating in a report on Saturday, August 15th. DA Davidson upped their price objective on Applied Industrial Technologies from $380.00 to $400.00 and gave the company a “buy” rating in a research report on Friday, August 14th. Finally, Oppenheimer upped their price target on Applied Industrial Technologies from $350.00 to $390.00 and gave the company an “outperform” rating in a report on Friday, August 14th.

Read Our Latest Stock Report on AIT

Insiders Place Their Bets

In other Applied Industrial Technologies news, CFO David K. Wells sold 1,812 shares of Applied Industrial Technologies stock in a transaction that occurred on Tuesday, August 18th. The shares were sold at an average price of $355.10, for a total value of $643,441.20. Following the completion of the sale, the chief financial officer owned 32,050 shares of the company’s stock, valued at approximately $11,380,955. The trade was a 5.35% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Peter C. Wallace sold 1,904 shares of the firm’s stock in a transaction on Wednesday, August 26th. The stock was sold at an average price of $340.45, for a total value of $648,216.80. Following the completion of the transaction, the director owned 22,859 shares in the company, valued at approximately $7,782,346.55. This trade represents a 7.69% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders sold 7,561 shares of company stock valued at $2,560,085. Company insiders own 1.60% of the company’s stock.

Hedge Funds Weigh In On Applied Industrial Technologies

A number of institutional investors and hedge funds have recently made changes to their positions in the business. California State Teachers Retirement System boosted its stake in shares of Applied Industrial Technologies by 32,761.6% during the 2nd quarter. California State Teachers Retirement System now owns 14,593,201 shares of the industrial products company’s stock worth $4,934,691,000 after acquiring an additional 14,548,793 shares during the last quarter. BlackRock Inc. bought a new position in shares of Applied Industrial Technologies during the 2nd quarter valued at approximately $1,336,805,000. Corient Private Wealth LLC increased its holdings in Applied Industrial Technologies by 22,451.0% in the 4th quarter. Corient Private Wealth LLC now owns 585,423 shares of the industrial products company’s stock worth $150,319,000 after acquiring an additional 582,827 shares in the last quarter. Norges Bank purchased a new stake in shares of Applied Industrial Technologies in the fourth quarter worth $125,044,000. Finally, Bank of New York Mellon Corp bought a new stake in shares of Applied Industrial Technologies during the 2nd quarter valued at $93,672,000. Hedge funds and other institutional investors own 93.52% of the company’s stock.

Applied Industrial Technologies Trading Down 5.1%

Shares of AIT opened at $321.09 on Monday. Applied Industrial Technologies has a 1-year low of $238.34 and a 1-year high of $374.80. The company has a current ratio of 2.58, a quick ratio of 1.75 and a debt-to-equity ratio of 0.14. The firm’s 50-day moving average price is $340.60 and its 200-day moving average price is $308.11. The firm has a market capitalization of $11.78 billion, a price-to-earnings ratio of 29.30, a PEG ratio of 2.72 and a beta of 0.84.

Applied Industrial Technologies (NYSE:AIT – Get Free Report) last released its quarterly earnings results on Thursday, August 13th. The industrial products company reported $3.17 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.92 by $0.25. Applied Industrial Technologies had a net margin of 8.35% and a return on equity of 22.17%. The company had revenue of $1.35 billion during the quarter, compared to the consensus estimate of $1.29 billion. During the same period in the prior year, the firm earned $2.80 earnings per share. Applied Industrial Technologies’s revenue was up 10.5% on a year-over-year basis. Applied Industrial Technologies has set its FY 2027 guidance at 11.650-12.150 EPS. Sell-side analysts anticipate that Applied Industrial Technologies will post 11.95 EPS for the current year.

Applied Industrial Technologies Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, August 31st. Investors 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 yield of 0.6%. Applied Industrial Technologies’s dividend payout ratio (DPR) is currently 18.61%.

About Applied Industrial Technologies

(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.

Analyst Recommendations for Applied Industrial Technologies (NYSE:AIT)

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