Applied Industrial Technologies (AIT) – Analysts’ Recent Ratings Updates

Several brokerages have updated their recommendations and price targets on shares of Applied Industrial Technologies (NYSE: AIT) in the last few weeks:

• 5/2/2026 – Applied Industrial Technologies was downgraded by Wall Street Zen from “buy” to “hold”.
• 4/29/2026 – Applied Industrial Technologies had its price target raised by Oppenheimer Holdings, Inc. from $300.00 to $350.00. They now have an “outperform” rating on the stock.
• 4/29/2026 – Applied Industrial Technologies was given a new $317.00 price target by Robert W. Baird.
• 4/24/2026 – Applied Industrial Technologies had its “buy (b)” rating reaffirmed by Weiss Ratings.
• 4/11/2026 – Applied Industrial Technologies was upgraded by Wall Street Zen from “hold” to “buy”.
• 3/21/2026 – Applied Industrial Technologies was downgraded by Wall Street Zen from “buy” to “hold”.

Applied Industrial Technologies Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, May 29th. Shareholders of record on Friday, May 15th will be paid a dividend of $0.51 per share. 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, May 15th. Applied Industrial Technologies’s payout ratio is presently 19.26%.

Insiders Place Their Bets

In other Applied Industrial Technologies news, CEO Neil A. Schrimsher sold 19,207 shares of the firm’s stock in a transaction that occurred on Wednesday, February 4th. The shares were sold at an average price of $285.85, for a total value of $5,490,320.95. Following the sale, the chief executive officer owned 130,528 shares in the company, valued at approximately $37,311,428.80. This trade represents a 12.83% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, VP Jason W. Vasquez sold 5,447 shares of Applied Industrial Technologies stock in a transaction that occurred on Thursday, February 5th. The shares were sold at an average price of $287.87, for a total value of $1,568,027.89. Following the sale, the vice president directly owned 14,491 shares in the company, valued at approximately $4,171,524.17. This trade represents a 27.32% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders sold 28,654 shares of company stock worth $8,212,829. Insiders own 1.60% of the company’s stock.

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.