Vanguard Group Inc. Has $1.08 Billion Holdings in Applied Industrial Technologies, Inc. $AIT

Vanguard Group Inc. lessened its stake in shares of Applied Industrial Technologies, Inc. (NYSE:AIT) by 1.5% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 4,128,172 shares of the industrial products company’s stock after selling 60,995 shares during the quarter. Vanguard Group Inc. owned 0.11% of Applied Industrial Technologies worth $1,077,659,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of AIT. Norges Bank acquired a new position in Applied Industrial Technologies during the second quarter worth $107,228,000. Royal London Asset Management Ltd. grew its holdings in shares of Applied Industrial Technologies by 69.2% in the 2nd quarter. Royal London Asset Management Ltd. now owns 393,743 shares of the industrial products company’s stock worth $91,526,000 after purchasing an additional 161,048 shares during the last quarter. Goldman Sachs Group Inc. increased its position in shares of Applied Industrial Technologies by 4.1% during the 1st quarter. Goldman Sachs Group Inc. now owns 381,187 shares of the industrial products company’s stock worth $85,897,000 after purchasing an additional 14,926 shares in the last quarter. Bank of America Corp DE lifted its holdings in Applied Industrial Technologies by 47.8% during the 2nd quarter. Bank of America Corp DE now owns 374,627 shares of the industrial products company’s stock valued at $87,082,000 after purchasing an additional 121,163 shares during the last quarter. Finally, Qube Research & Technologies Ltd acquired a new position in Applied Industrial Technologies in the second quarter valued at about $81,722,000. 93.52% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other Applied Industrial Technologies news, VP Warren E. Hoffner III sold 4,000 shares of the company’s stock in a transaction dated Thursday, February 5th. The shares were sold at an average price of $288.62, for a total transaction of $1,154,480.00. Following the transaction, the vice president directly owned 52,751 shares in the company, valued at approximately $15,224,993.62. This represents a 7.05% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, VP Jason W. Vasquez sold 5,447 shares of Applied Industrial Technologies stock in a transaction that occurred on Thursday, February 5th. The stock was sold at an average price of $287.87, for a total transaction of $1,568,027.89. Following the sale, the vice president owned 14,491 shares of the company’s stock, valued at approximately $4,171,524.17. This represents a 27.32% decrease in their position. The SEC filing for this sale provides additional information. In the last three months, insiders sold 28,654 shares of company stock valued at $8,212,829. 1.60% of the stock is currently owned by insiders.

Applied Industrial Technologies Stock Performance

AIT stock opened at $281.58 on Friday. The company has a 50 day moving average price of $271.73 and a 200 day moving average price of $263.20. Applied Industrial Technologies, Inc. has a fifty-two week low of $199.96 and a fifty-two week high of $296.70. The company has a debt-to-equity ratio of 0.31, a current ratio of 3.68 and a quick ratio of 2.56. The stock has a market capitalization of $10.50 billion, a PE ratio of 26.79, a price-to-earnings-growth ratio of 2.70 and a beta of 0.84.

Applied Industrial Technologies (NYSE:AIT) last announced its quarterly earnings data on Tuesday, January 27th. The industrial products company reported $2.51 EPS for the quarter, beating analysts’ consensus estimates of $2.48 by $0.03. The firm had revenue of $1.16 billion for the quarter, compared to analyst estimates of $1.17 billion. Applied Industrial Technologies had a return on equity of 21.74% and a net margin of 8.49%.The business’s quarterly revenue was up 8.4% compared to the same quarter last year. During the same period last year, the company earned $2.39 EPS. Applied Industrial Technologies has set its FY 2026 guidance at 10.450-10.750 EPS. Analysts forecast that Applied Industrial Technologies, Inc. will post 9.9 EPS for the current year.

Applied Industrial Technologies Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, February 27th. Investors of record on Friday, February 13th will be given a $0.51 dividend. The ex-dividend date is Friday, February 13th. This is a positive change from Applied Industrial Technologies’s previous quarterly dividend of $0.46. This represents a $2.04 dividend on an annualized basis and a yield of 0.7%. Applied Industrial Technologies’s dividend payout ratio is 19.41%.

Analyst Ratings Changes

Several research firms have recently weighed in on AIT. Mizuho set a $305.00 price objective on shares of Applied Industrial Technologies in a report on Wednesday, October 29th. KeyCorp dropped their price target on Applied Industrial Technologies from $310.00 to $300.00 and set an “overweight” rating for the company in a report on Wednesday, January 28th. Weiss Ratings reissued a “buy (b)” rating on shares of Applied Industrial Technologies in a research note on Monday, December 29th. Finally, Wall Street Zen cut Applied Industrial Technologies from a “buy” rating to a “hold” rating in a report on Saturday, January 31st. Six analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $290.63.

Key Applied Industrial Technologies News

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

• Positive Sentiment: Zacks raised Q4 2027 EPS to $3.22 from $3.16, a meaningful bump that suggests stronger late‑year profitability expectations and supports multiple expansion. MarketBeat AIT
• Positive Sentiment: Zacks increased Q4 2026 EPS to $2.82 (from $2.79) and raised Q1 2027 to $2.79 (from $2.77), reinforcing a view of modestly improving sequential earnings into the company’s fiscal second half. MarketBeat AIT
• Neutral Sentiment: Zacks made very small adjustments (Q2 2027 to $2.69 from $2.68; Q2 2028 to $3.00 from $2.99) — immaterial individually but part of an overall refinement of their model. MarketBeat AIT
• Neutral Sentiment: Zacks trimmed Q1 2028 slightly to $3.02 from $3.03 — a de minimis change that likely won’t move fundamentals on its own. MarketBeat AIT
• Negative Sentiment: Zacks cut Q3 2027 EPS to $2.81 from $2.90 and lowered Q3 2026 to $2.62 from $2.69, signalling potential softness in mid‑year demand that could pressure near‑term results. MarketBeat AIT
• Negative Sentiment: Zacks trimmed its FY2028 EPS view to $12.63 from $12.70 — a small downward revision to the longer‑term outlook that slightly reduces upside in modeled valuation. MarketBeat AIT

Applied Industrial Technologies Profile

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.