Applied Industrial Technologies (AIT) Stock Price, News & Analysis

Company Overview

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. Its engineered solutions are intended to help customers improve equipment performance, reliability, productivity and safety across a range of industrial applications.

Founded in 1923, Applied Industrial Technologies serves customers through a network of locations and distribution capabilities primarily in North America, with operations and customer support extending to Australia and New Zealand. The company is headquartered in Cleveland, Ohio, and is led by Neil A. Schrimsher, who serves as president and chief executive officer.

Key Stats

• Today's Range: $313.14 to $320.35
• 50-Day Range: $314.94 to $362.18
• 52-Week Range: $238.34 to $374.80
• Volume: 177,561 shs
• Average Volume: 297,864 shs
• Market Capitalization: $11.69 billion
• P/E Ratio: 29.03
• Dividend Yield: 0.64%
• Price Target: $400.00
• Consensus Rating: Buy

Applied Industrial Technologies Stock Analysis - MarketRank™

Applied Industrial Technologies scored higher than 98% of companies evaluated by MarketBeat, and ranked 27th out of 662 stocks in the industrials sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 4.5 / 5
• Analyst Rating: Buy

Consensus Rating

Applied Industrial Technologies has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on no strong buy ratings, 7 buy ratings, no hold ratings, and no sell ratings.

Upside Potential

Applied Industrial Technologies has a consensus price target of $400.00, representing about 26.9% upside from its current price of $315.26.

Amount of Analyst Coverage

Applied Industrial Technologies has been the subject of 7 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: 10.12%

Earnings Growth

Earnings for Applied Industrial Technologies are expected to grow by 10.12% in the coming year, from $11.96 to $13.17 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Applied Industrial Technologies is 28.75, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 38.91.

Price to Earnings Ratio vs. Sector

The P/E ratio of Applied Industrial Technologies is 28.75, which means that it is trading at a more expensive P/E ratio than the Industrials sector average P/E ratio of about 25.44.

Price to Earnings Growth Ratio

Applied Industrial Technologies has a PEG Ratio of 2.53. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

Applied Industrial Technologies has a P/B Ratio of 6.26. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

2.04% of the float of Applied Industrial Technologies has been sold short.

Short Interest Ratio / Days to Cover

Applied Industrial Technologies has a short interest ratio ("days to cover") of 2.62, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Applied Industrial Technologies has recently increased by 13.88%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 3.3 / 5
• Dividend Strength: Strong

Dividend Yield

Applied Industrial Technologies has a dividend yield of 0.65%, which is in the bottom 25% of all stocks that pay dividends.

Dividend Growth

Applied Industrial Technologies has been increasing its dividend for 16 years.

Dividend Coverage

The dividend payout ratio of Applied Industrial Technologies is 18.61%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, Applied Industrial Technologies will have a dividend payout ratio of 15.49% next year. This indicates that Applied Industrial Technologies will be able to sustain or increase its dividend.

News and Social Media

• Score: 3.9 / 5
• News Sentiment: 1.19

News Sentiment

Applied Industrial Technologies has a news sentiment score of 1.19. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.72 average news sentiment score of Industrials companies.

News Coverage This Week

MarketBeat has tracked 3 news articles for Applied Industrial Technologies this week, compared to 5 articles on an average week.

Search Interest

11 people have searched for AIT on MarketBeat in the last 30 days. This is an increase of 1,000% compared to the previous 30 days.

MarketBeat Follows

5 people have added Applied Industrial Technologies to their MarketBeat watchlist in the last 30 days. This is an increase of 400% compared to the previous 30 days.

Company Ownership

• Score: 1.5 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Applied Industrial Technologies insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $2,560,085.00 in company stock.

Percentage Held by Insiders

1.60% of the stock of Applied Industrial Technologies is held by insiders.

Percentage Held by Institutions

93.52% of the stock of Applied Industrial Technologies is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

Company Calendar

• Last Earnings: 8/13/2026
• Record date for 8/31 Dividend: 8/14/2026
• Ex-Dividend for 8/31 Dividend: 8/14/2026
• Dividend Payable: 8/31/2026
• Today: 9/18/2026
• Next Earnings (Estimated): 10/27/2026
• Fiscal Year End: 6/30/2027

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Industrials
• Industry: Trading Companies & Distributors
• Sub-Industry: Trading Companies & Distributors
• Current Symbol: NYSE:AIT
• CIK: 109563
• Web: www.applied.com
• Phone: (216) 426-4753
• Fax: 216-426-4845
• Employees: 6,900
• Year Founded: 1923

Price Target and Rating

• Average Price Target for Applied Industrial Technologies: $400.00
• High Price Target: $420.00
• Low Price Target: $390.00
• Potential Upside/Downside: +25.9%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 7 Analysts

Profitability

• EPS (Trailing Twelve Months): $10.96
• Trailing P/E Ratio: 28.96
• Forward P/E Ratio: 26.55
• P/E Growth: 2.53
• Net Income: $414.52 million
• Net Margins: 8.35%
• Pretax Margin: 10.96%
• Return on Equity: 22.17%
• Return on Assets: 13.43%

Debt

• Debt-to-Equity Ratio: 0.14
• Current Ratio: 2.58
• Quick Ratio: 1.75

Sales & Book Value

• Annual Sales: $4.97 billion
• Price / Sales: 2.35
• Cash Flow: $13.26 per share
• Price / Cash Flow: 23.96
• Book Value: $50.37 per share
• Price / Book: 6.31

Miscellaneous

• Outstanding Shares: 36,734,000
• Free Float: 36,146,000
• Market Cap: $11.67 billion
• Optionable: Optionable
• Beta: 0.83