Applied Industrial Technologies (NYSE:AIT) Share Price Crosses Below 200-Day Moving Average – Time to Sell?

Posted by Geri Gentry on Oct 29th, 2026

Applied Industrial Technologies, Inc. (NYSE:AIT – Get Free Report)’s share price crossed below its 200-day moving average during trading on Tuesday. The stock has a 200-day moving average of $308.87 and traded as low as $292.81. Applied Industrial Technologies shares last traded at $297.4190, with a volume of 680,702 shares changing hands.

Key Applied Industrial Technologies News

Here are the key news stories impacting Applied Industrial Technologies this week:

Positive Sentiment: Applied Industrial exceeded fiscal Q1 2027 earnings expectations, reporting $2.97 per share versus the $2.89 consensus estimate. Revenue reached approximately $1.29 billion and increased 7.6% year over year, supporting the bullish reaction to the results. Applied Industrial Technologies beats Q1 2027 EPS and raises full-year guidance
Positive Sentiment: The company raised its fiscal 2027 EPS outlook, indicating management expects continued earnings growth. The improved forecast is likely the main fundamental support for AIT’s stock. Applied Industrial boosts FY27 EPS outlook
Positive Sentiment: Zacks highlighted AIT’s growth characteristics and style-score rankings, reinforcing the view that the company may be attractive to long-term growth investors. Why Applied Industrial Technologies is a Top Growth Stock for the Long-Term
Neutral Sentiment: Applied Industrial declared a $0.51 quarterly dividend, equivalent to $2.04 annually and a yield of about 0.7%, providing ongoing shareholder income. Chairman Peter Wallace is also retiring, creating a leadership transition for investors to monitor. Guidance update and chairman retirement
Negative Sentiment: The stock initially declined after the quarterly results, suggesting investors may have viewed the outlook, valuation, or other reported metrics as insufficient despite the earnings beat. Applied Industrial Technologies Stock Price Drops After Q1 Results
Negative Sentiment: KeyCorp lowered its price target to $360 from $420, while Robert W. Baird cut its target to $350 from $400. Both firms maintained positive ratings, but the reductions signal more restrained expectations and may limit near-term upside sentiment. KeyBanc lowers AIT price target

Analysts Set New Price Targets

Several research analysts recently commented on the company. Weiss Ratings cut Applied Industrial Technologies from a “buy (a-)” rating to a “buy (b)” rating in a research note on Friday, October 23rd. KeyCorp lowered their price objective on Applied Industrial Technologies from $420.00 to $360.00 and set an “overweight” rating for the company in a research note on Wednesday. Mizuho dropped their price objective on Applied Industrial Technologies from $400.00 to $390.00 and set an “outperform” rating on the stock in a report on Thursday, October 15th. Oppenheimer reaffirmed an “outperform” rating on shares of Applied Industrial Technologies in a research report on Wednesday. Finally, DA Davidson increased their target price on Applied Industrial Technologies from $380.00 to $400.00 and gave the company a “buy” rating in a research note on Friday, August 14th. Seven analysts have rated the stock with a Buy rating. According to data from MarketBeat, Applied Industrial Technologies presently has an average rating of “Buy” and an average target price of $380.00.

Check Out Our Latest Stock Report on AIT

Applied Industrial Technologies Price Performance

The company has a market capitalization of $11.07 billion, a P/E ratio of 26.47, a price-to-earnings-growth ratio of 2.38 and a beta of 0.85. The company has a fifty day moving average price of $328.23 and a 200 day moving average price of $309.20. The company has a debt-to-equity ratio of 0.15, a current ratio of 2.89 and a quick ratio of 1.75.

Applied Industrial Technologies (NYSE:AIT – Get Free Report) last announced its quarterly earnings results on Tuesday, October 27th. The industrial products company reported $2.97 earnings per share for the quarter, topping analysts’ consensus estimates of $2.89 by $0.08. Applied Industrial Technologies had a return on equity of 22.68% and a net margin of 8.38%. The business had revenue of $1.29 billion for the quarter, compared to analysts’ expectations of $1.29 billion. During the same period in the prior year, the firm earned $2.63 EPS. The business’s quarterly revenue was up 7.6% on a year-over-year basis. On average, sell-side analysts forecast that Applied Industrial Technologies, Inc. will post 12.06 EPS for the current fiscal year.

Applied Industrial Technologies Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, November 30th. Investors of record on Friday, November 13th will be issued a $0.51 dividend. This represents a $2.04 dividend on an annualized basis and a yield of 0.7%. The ex-dividend date of this dividend is Friday, November 13th. Applied Industrial Technologies’s dividend payout ratio is 18.61%.

Insider Activity at Applied Industrial Technologies

In other news, CFO David K. Wells sold 1,812 shares of the stock in a transaction on Tuesday, August 18th. The stock was sold at an average price of $355.10, for a total value of $643,441.20. Following the completion of the transaction, the chief financial officer owned 32,050 shares of the company’s stock, valued at approximately $11,380,955. This represents a 5.35% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, Director Peter C. Wallace sold 1,904 shares of the firm’s stock in a transaction 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 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 disclosure for this sale is available in the SEC filing. 1.60% of the stock is owned by company insiders.

Institutional Investors Weigh In On Applied Industrial Technologies

Hedge funds and other institutional investors have recently modified their holdings of the stock. Alpine Bank Wealth Management acquired a new position in shares of Applied Industrial Technologies during the 3rd quarter valued at $25,000. Global Retirement Partners LLC bought a new stake in shares of Applied Industrial Technologies in the 2nd quarter worth $37,000. Kilter Group LLC acquired a new stake in shares of Applied Industrial Technologies in the second quarter valued at $40,000. Silvant Capital Management LLC acquired a new stake in shares of Applied Industrial Technologies in the second quarter valued at $54,000. Finally, Harbor Investment Advisory LLC acquired a new stake in shares of Applied Industrial Technologies in the second quarter valued at $96,000. 93.52% of the stock is currently owned by institutional investors.

About Applied Industrial Technologies

(Get Free Report)

Applied Industrial Technologies, Inc (NYSE: AIT) is a distributor and value-added service provider of industrial motion, power transmission, fluid power, automation, and control products. Its offerings include bearings, mechanical power-transmission components, motors, gearboxes, hydraulic and pneumatic equipment, industrial hoses, process pumps, safety products, and related maintenance supplies.

The company also provides technical and engineering services designed to help customers improve equipment performance, reliability, and productivity.