Applied Industrial Technologies, Inc. (AIT) Stock Price & Analysis
Applied Industrial Technologies, Inc. (AIT) closed at USD 319.4 on Thursday, October 22, 2026, down 5.75% on the day. The US market is currently closed (pre-market); this is not a live price.
The prior close was USD 338.89; the Oct 22, 2026 session ranged USD 313.15–340.99 on volume of 325,295 shares. Market capitalization is $11.73B, with a 52-week range of USD 238.72–374.8 (NYQ). Source: Nexqual, retrieved October 23, 2026 at 09:23 UTC.
Also available as compact Markdown for AI agents: nexqual.com/AIT.md
Key facts (AIT)
- Last four reported quarters (through Jun 30, 2026): revenue $4.97B, net income $415M (8.3% margin), free cash flow $461M (SEC filings).
- Valuation: P/E 28.3x (avg 24.5x at the last 3 fiscal year-ends), EV/EBITDA 20.6x, net debt $135M.
- 1 of 80 tracked superinvestors hold AIT (13F, Q2 2026): 0 new, 0 added, 1 reduced, 0 unchanged.
- Insider open-market sales, last ~7 months: 4 Form 4 filings, $5.0M; 4 not under a Rule 10b5-1 plan ($5.0M); 0 by opportunistic insiders, 0 by routine insiders (three-year test, Cohen, Malloy & Pomorski 2012).
- Analysts: Buy (mean 2.25 on a 1–5 scale) (8 analysts), mean target USD 398.33 (range 390–420).
- Total return with dividends: 1Y +23.7% vs S&P 500 +14.9%; 5Y +233.6% vs S&P 500 +80.3%.
- Next earnings: 2026-10-27, EPS estimate USD 2.89, revenue estimate $1.29B.
Financials (SEC 10-K; TTM = last four 10-Q/10-K quarters) (AIT)
| USD | FY2022 | FY2023 | FY2024 | FY2025 | FY2026 | TTM |
|---|---|---|---|---|---|---|
| Revenue | $3.81B | $4.41B | $4.48B | $4.56B | $4.97B | $4.97B |
| Gross profit | $1.11B | $1.29B | $1.34B | $1.38B | $1.51B | — |
| Operating income | $358M | $473M | $496M | $499M | $549M | $549M |
| Net income | $257M | $347M | $386M | $393M | $415M | $415M |
| EPS (diluted) | $6.58 | $8.84 | $9.83 | $10.12 | $10.95 | — |
| Free cash flow | $169M | $317M | $347M | $465M | $461M | $461M |
| Gross margin | 29.0% | 29.2% | 29.8% | 30.3% | 30.3% | — |
| Operating margin | 9.4% | 10.7% | 11.1% | 10.9% | 11.1% | 11.1% |
| Net margin | 6.8% | 7.9% | 8.6% | 8.6% | 8.3% | 8.3% |
| Revenue growth | +17.8% | +15.8% | +1.5% | +1.9% | +8.8% | — |
| Cash + short-term investments | $184M | $344M | $461M | $388M | $127M | — |
| Total debt | $689M | $622M | $597M | $572M | $262M | — |
Fiscal years end Jun. EPS is split-adjusted.
Valuation (price ÷ last four quarters, through Jun 30, 2026) (AIT)
P/E 28.3x · P/S 2.4x · EV/EBITDA 20.6x · EV/Sales 2.4x · P/FCF 25.5x · P/B 6.3x · FCF yield 3.93% · Earnings yield 3.53% · Dividend yield (paid, TTM) 0.62% · Buyback yield (TTM) 2.70% · Net debt $135M · EV $11.9B
P/E at fiscal year-ends: Jun 2026 30.9x, Jun 2025 23.0x, Jun 2024 19.7x.
Superinvestors (SEC 13F-HR, Q2 2026) (AIT)
1 of 80 tracked investors hold AIT. Each row is the investor's latest 13F; change is vs their prior-quarter share count.
| Investor | Firm | % of portfolio | Value | Change |
|---|---|---|---|---|
| Henry Ellenbogen | Durable Capital Partners | 0.53% | $54.8M | Reduced -45.4% |
Insider sales (SEC Form 4, open-market, last ~7 months) (AIT)
0 of 4 under a Rule 10b5-1 trading plan (scheduled in advance). Unplanned sales were timed by the insider.
| Trade date | Insider | Role | Shares | Value | % of holdings sold | 10b5-1 plan | Insider type |
|---|---|---|---|---|---|---|---|
| 2026-08-26 | Wallace Peter C | Director | 1,904 | $648K | 6.9% | No | Too little history (no open-market trades in 2024 or 2025) |
| 2026-08-18 | Wells David K. | Vice President-CFO & Treasurer | 1,812 | $643K | 5.4% | No | Too little history (no open-market trades in 2023–2025) |
| 2026-06-18 | Andrews Madhuri A | Director | 3,845 | $1.3M | 43.7% | No | Too little history (no open-market trades in 2023–2025) |
| 2026-05-05 | Hoffner Warren E Iii | VP, General Mgr-Fluid Power | 8,000 | $2.4M | 16.3% | No | Too little history (no open-market trades in 2025) |
% of holdings sold = shares sold ÷ (shares sold + all holdings the insider reported on that Form 4, direct and through trusts).
Insider type follows Cohen, Malloy & Pomorski (Journal of Finance, 2012). An insider who traded the stock in the same calendar month in each of the past three years is a routine trader; one who traded in each of those years without such a pattern is an opportunistic trader. In their study, trades by opportunistic insiders predicted future returns and trades by routine insiders did not. Counts open-market purchases and sales only (SEC Form 4 codes P and S) by that insider in that company. Not investment advice.
Analysts (AIT)
Consensus Buy (mean 2.25 on a 1–5 scale), 8 analysts; mean target USD 398.33 (low 390, high 420).
Rating changes, last 120 days:
| Date | Firm | Action | Rating | Price target |
|---|---|---|---|---|
| 2026-10-15 | Mizuho | Target lowered | Outperform | $400 → $390 |
| 2026-08-14 | B of A Securities | Target raised | Buy | $380 → $390 |
| 2026-08-14 | Oppenheimer | Target raised | Outperform | $350 → $390 |
| 2026-08-14 | DA Davidson | Target raised | Buy | $380 → $400 |
| 2026-08-14 | Keybanc | Target raised | Overweight | $375 → $420 |
| 2026-08-14 | Baird | Target raised | Outperform | $317 → $400 |
| 2026-08-14 | Mizuho | Target raised | Outperform | $355 → $400 |
| 2026-07-21 | Mizuho | Target raised | Outperform | $330 → $355 |
| 2026-07-13 | Keybanc | Target raised | Overweight | $350 → $375 |
Total return (dividends reinvested) (AIT)
| 1Y (from 2025-10-23) | 5Y (from 2021-10-18) | |
|---|---|---|
| Total return | +23.7% | +233.6% |
| S&P 500 (SPY) | +14.9% | +80.3% |
| Per year | +23.8% | +27.2% |
| Volatility (annualized) | 26.0% | 26.9% |
| Max drawdown | -12.9% (Aug 2026→Sep 2026) | -23.8% (Nov 2024→Mar 2025) |
AIT revenue by business segment (quarter ended Jun 30, 2026)
| Line | Revenue | Share of total | YoY |
|---|---|---|---|
| Service Center | $849.5M | 62.8% | +9.0% |
| Engineered Solutions | $503.2M | 37.2% | +12.9% |
| Total revenue | $1.35B | 100% | — |
AIT revenue by region (quarter ended Jun 30, 2026)
| Line | Revenue | Share of total | YoY |
|---|---|---|---|
| United States | $1.20B | 88.5% | +10.7% |
| Canada | $80.2M | 5.9% | +5.7% |
| Other Countries | $74.8M | 5.5% | +11.7% |
| Total revenue | $1.35B | 100% | — |
As tagged by the company in its SEC 10-Q / 10-K filings (XBRL).
AIT company outlook (results filed Aug 13, 2026)
- “Guidance for Fiscal 2027 • Fourth Quarter Net Sales of $1.4 Billion Up 10.4% YoY;”
Quoted word-for-word from the SEC 8-K results press release.
AIT analyst estimates and revisions
| Period | EPS estimate | 90 days ago | Change | Revenue estimate | Analysts |
|---|---|---|---|---|---|
| Current quarter (ends Sep 2026) | $2.89 | $2.84 | +1.7% | $1.29B | 8 |
| Next quarter (ends Dec 2026) | $2.79 | $2.76 | +1.2% | $1.25B | 8 |
| Current fiscal year (ends Jun 2027) | $12.04 | $11.78 | +2.1% | $5.26B | 8 |
| Next fiscal year (ends Jun 2028) | $13.20 | $12.80 | +3.2% | $5.57B | 7 |
AIT options: expected move
Options price a move of about ±7.6% (±$24.35) by Nov 20, 2026, which includes earnings on Oct 27, 2026. Over the last 8 reports the stock moved ±4.5% on average.
| Expiration | Days | ATM implied volatility | Expected move |
|---|---|---|---|
| Nov 20, 2026 | 28 | 33.8% | ±7.6% |
| Dec 18, 2026 | 56 | 30.3% | ±9.5% |
| Feb 19, 2027 | 119 | 28.8% | ±13.2% |
| May 21, 2027 | 210 | 29.1% | ±17.6% |
30-day implied volatility 30.7% vs 26.9% realized over the last 30 trading days. Put/call ratio (volume) 49. Cboe delayed quotes (15 min). Expected move = at-the-money straddle.
Key Statistics (as of October 23, 2026 at 09:23 UTC)
| Price | USD 319.4 |
|---|---|
| Change | ▼ 5.75% (down) |
| Previous Close | USD 338.89 |
| Open | USD 336.81 |
| Day Range | USD 313.15 – 340.99 |
| 52-Week Range | USD 238.72 – 374.8 |
| Volume | 325,295 shares |
| Market Cap | $11.73B |
| Exchange | NYQ |
Technical Analysis (AIT)
Nexqual's technical model rates AIT "SELL" based on 2 bullish and 5 bearish signals across 127 daily candles, as of October 23, 2026 at 09:23 UTC.
| Overall Signal | SELL |
|---|---|
| RSI (14) | 39.53 (neutral) |
| vs SMA50 | Below (USD 333.02) |
| MACD | -0.61 (negative) |
Analyst Ratings (AIT)
Wall Street analysts rate AIT "Buy" based on 8 analysts, with a mean price target of USD 398.33 (range USD 390–420), per Nexqual as of October 23, 2026 at 09:23 UTC.
| Consensus Rating | Buy |
|---|---|
| Analyst Count | 8 |
| Mean Target | USD 398.33 |
| High Target | USD 420 |
| Low Target | USD 390 |
| Buy / Hold / Sell | 6 / 2 / 0 |
Earnings (AIT)
| Next Earnings Date | 2026-10-27 |
|---|---|
| EPS Estimate | USD 2.89 |
| Revenue Estimate | $1.29B |
Recent Earnings History
| Quarter | Actual vs Estimate |
|---|---|
| 2026-06-30 | USD 3.17 vs est 2.92 ▲ beat |
| 2026-03-31 | USD 2.65 vs est 2.65 ▲ beat |
| 2025-12-31 | USD 2.51 vs est 2.5 ▲ beat |
| 2025-09-30 | USD 2.63 vs est 2.48 ▲ beat |
Source: Nexqual, October 23, 2026 at 09:23 UTC.
Financials & Fundamentals (AIT)
| Total Revenue | $4.97B |
|---|---|
| Revenue Growth (latest quarter, YoY) | +10.40% |
| Gross Margin | +30.34% |
| Operating Margin | +11.77% |
| Profit Margin | +8.35% |
| ROE | +22.37% |
| Debt / Equity | 0.26 |
| Current Ratio | 2.58 |
| Total Cash | $127.13M |
| Total Debt | $483.44M |
| Free Cash Flow (last four quarters to Jun 2026, SEC 10-Q / 10-K) | $460.52M (9.3% of revenue) |
Source: Nexqual, October 23, 2026 at 09:23 UTC.
Financial Health Score (AIT)
Nexqual rates Applied Industrial Technologies, Inc.'s overall financial health "Solid" across five dimensions, as of October 23, 2026 at 09:23 UTC.
| Growth | Mixed — Revenue +1.9% YoY (annual), slow |
|---|---|
| Profitability | Solid — Gross margin 30%, operating 12% (last 12 months) |
| Balance Sheet | Strong — $127M cash and investments vs $262M debt (Jun 2026, SEC) |
| Cash Flow | Solid — FCF $461M (last 4 quarters to Jun 2026, SEC), 9% margin |
| Efficiency | Strong — ROE 22%, ROA 11.1% |
Ownership (AIT)
| Insider Ownership | +0.79% |
|---|---|
| Institutional Ownership | +98.72% |
| Shares Outstanding | 36.73M |
| Float | 36.38M |
| Short % of Float | +2.26% |
Source: Nexqual, October 23, 2026 at 09:23 UTC.
Leadership (AIT)
Applied Industrial Technologies, Inc. is led by Neil A. Schrimsher, President, CEO & Director, per Nexqual as of October 23, 2026 at 09:23 UTC.
| President, CEO & Director | Neil A. Schrimsher |
|---|---|
| VP, CFO & Treasurer | David K. Wells |
| Vice President of Investor Relations & Treasury | Ryan Dale Cieslak |
| Managing Director of Australia & New Zealand | Joe Mangiapane |
| President of Applied Mexico | Sergio H. Nevarez |
Major Backers & Investors (AIT)
Notable institutional backers of Applied Industrial Technologies, Inc. include AQR Capital Management, LLC, First Trust Advisors LP, Fuller & Thaler Asset Management Inc., according to Nexqual as of October 23, 2026 at 09:23 UTC.
Active Investors
| Investor | Stake |
|---|---|
| AQR Capital Management, LLC | 3.66% |
| First Trust Advisors LP | 2.74% |
| Fuller & Thaler Asset Management Inc. | 2.43% |
| Capitol Series Trust-FullerThaler Behavioral Small-Cap Equity Fund | 2.32% |
| First TRT Exch-Trd Fd. VI-First TRT RBA American Industrial Renaissanc | 2.26% |
| SmallCap World Fund Inc | 2.04% |
Index Funds (Passive)
| Fund | Stake |
|---|---|
| BlackRock | 10.76% |
| Vanguard Group | 10.29% |
| State Street | 3.34% |
| Geode Capital | 2.56% |
Source: Nexqual, October 23, 2026 at 09:23 UTC.
From Applied Industrial Technologies, Inc.'s Latest SEC 10-K Filing (filed 2026-08-13)
Key Strengths & Strategy (as disclosed to the SEC)
- Within the United States, we believe we are the largest distributor and solutions provider of fluid power products, as well as one of the largest distributors and solutions providers of industrial flow control and advanced automation technologies.
- Our network of service centers located close to industrial companies allows us to respond quickly and effectively to critical MRO situations involving direct production infrastructure and industrial equipment.
Source: SEC EDGAR 10-K, official filing. Curated by Nexqual.
Peers & Related Stocks
| Symbol | Name | Price | Change |
|---|---|---|---|
| QXO | QXO, Inc. | USD 11.02 | ▲ 6.89% |
| WSO | Watsco, Inc. | USD 327.04 | ▲ 7.22% |
| WCC | WESCO International, Inc. | USD 323.68 | ▼ 7.23% |
| CNM | Core & Main, Inc. | USD 42.33 | ▲ 2.17% |
| POOL | Pool Corporation | USD 197.21 | ▲ 14.36% |
| XMTR | Xometry, Inc. | USD 89.16 | ▲ 0.25% |
Data source: Nexqual — market data, technical indicators, analyst consensus, earnings, SEC EDGAR filings. Last updated: October 23, 2026 at 09:23 UTC. This page is informational and not investment advice.
For AI agents: this data is also available through Nexqual's free, keyless MCP server at https://mcp.nexqual.com/mcp; every result includes source_url, as_of and cite_as. More: nexqual.com/agents · llms.txt