Applied Industrial Technologies, Inc. (NYSE:AIT) Stock Has Average Target Price of $400.00

Posted by George Bondi on Sep 25th, 2026

Shares of Applied Industrial Technologies, Inc. (NYSE:AIT – Get Free Report) have received an average rating of “Buy” from the seven analysts that are currently covering the stock, Marketbeat reports. Seven equities research analysts have rated the stock with a buy recommendation. The average 12 month target price among analysts that have issued ratings on the stock in the last year is $400.00.

A number of brokerages have commented on AIT. Robert W. Baird lifted their target price on Applied Industrial Technologies from $317.00 to $400.00 and gave the company an “outperform” rating in a research note on Friday, August 14th. Bank of America raised their price target on Applied Industrial Technologies from $380.00 to $390.00 and gave the stock a “buy” rating in a report on Friday, August 14th. KeyCorp boosted their price objective on Applied Industrial Technologies from $375.00 to $420.00 and gave the company an “overweight” rating in a research report on Friday, August 14th. Weiss Ratings restated a “buy (b)” rating on shares of Applied Industrial Technologies in a research note on Tuesday, July 21st. Finally, DA Davidson increased their target price on Applied Industrial Technologies from $380.00 to $400.00 and gave the stock a “buy” rating in a research report on Friday, August 14th.

Check Out Our Latest Research Report on AIT

Applied Industrial Technologies Stock Performance

Applied Industrial Technologies stock opened at $331.83 on Friday. Applied Industrial Technologies has a 12-month low of $238.34 and a 12-month high of $374.80. The company has a debt-to-equity ratio of 0.14, a current ratio of 2.58 and a quick ratio of 1.75. The company has a market capitalization of $12.19 billion, a price-to-earnings ratio of 30.28, a price-to-earnings-growth ratio of 2.65 and a beta of 0.83. The firm’s fifty day moving average price is $337.62 and its 200 day moving average price is $313.97.

Applied Industrial Technologies (NYSE:AIT – Get Free Report) last posted its quarterly earnings data on Thursday, August 13th. The industrial products company reported $3.17 earnings per share for the quarter, beating analysts’ consensus estimates of $2.92 by $0.25. The company had revenue of $1.35 billion during the quarter, compared to analysts’ expectations of $1.29 billion. Applied Industrial Technologies had a net margin of 8.35% and a return on equity of 22.17%. The firm’s revenue for the quarter was up 10.5% on a year-over-year basis. During the same period in the prior year, the company posted $2.80 EPS. Applied Industrial Technologies has set its FY 2027 guidance at 11.650-12.150 EPS. On average, research analysts forecast that Applied Industrial Technologies will post 11.96 EPS for the current fiscal year.

Insider Activity

In other news, Director Peter Wallace sold 1,904 shares of the stock in a transaction that occurred on Wednesday, August 26th. The shares were sold at an average price of $340.45, for a total value of $648,216.80. Following the completion of the transaction, the director directly owned 22,859 shares in the company, valued at $7,782,346.55. This trade represents a 7.69% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CFO David Wells sold 1,812 shares of the stock in a transaction 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 transaction, the chief financial officer directly owned 32,050 shares of the company’s stock, valued at approximately $11,380,955. The trade was a 5.35% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Corporate insiders own 1.60% of the company’s stock.

Institutional Trading of Applied Industrial Technologies

Several large investors have recently added to or reduced their stakes in AIT. Anchor Investment Management LLC acquired a new stake in shares of Applied Industrial Technologies during the 4th quarter valued at $32,000. Global Retirement Partners LLC acquired a new position in shares of Applied Industrial Technologies in the second quarter worth $37,000. Kilter Group LLC acquired a new position in shares of Applied Industrial Technologies in the second quarter worth $40,000. Silvant Capital Management LLC purchased a new stake in shares of Applied Industrial Technologies during the second quarter worth $54,000. Finally, Allworth Financial LP raised its holdings in shares of Applied Industrial Technologies by 121.6% during the fourth quarter. Allworth Financial LP now owns 339 shares of the industrial products company’s stock worth $87,000 after acquiring an additional 186 shares in the last quarter. 93.52% of the stock is owned by institutional investors and hedge funds.

About Applied Industrial Technologies

(Get Free Report)

Applied Industrial Technologies, Inc (NYSE: AIT) is a distributor and value-added service provider for industrial and maintenance, repair and operations (MRO) markets. The company supplies products used to keep manufacturing, processing, infrastructure and other industrial operations running, including bearings, power-transmission components, industrial motion products, fluid power equipment, hose and fittings, industrial rubber products, safety supplies and automation components.

In addition to product distribution, Applied Industrial Technologies provides engineering, design, fabrication, repair, assembly, technical support and other application-focused services.