Capital World Investors Has $89.36 Million Position in Applied Industrial Technologies, Inc. $AIT

10 Jun 2026, 12:30 by Tristan Rich · The Markets Daily

Capital World Investors grew its holdings in Applied Industrial Technologies, Inc. (NYSE:AIT – Free Report) by 3.7% in the fourth quarter, HoldingsChannel reports. The fund owned 348,005 shares of the industrial products company’s stock after buying an additional 12,386 shares during the period. Capital World Investors’ holdings in Applied Industrial Technologies were worth $89,357,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently modified their holdings of the business. Capital International Investors boosted its position in shares of Applied Industrial Technologies by 25.4% in the fourth quarter. Capital International Investors now owns 962,925 shares of the industrial products company’s stock valued at $247,250,000 after acquiring an additional 195,043 shares during the period. First Trust Advisors LP boosted its position in shares of Applied Industrial Technologies by 22.7% in the third quarter. First Trust Advisors LP now owns 933,067 shares of the industrial products company’s stock valued at $243,577,000 after acquiring an additional 172,857 shares during the period. Wellington Management Group LLP boosted its position in shares of Applied Industrial Technologies by 24.7% in the third quarter. Wellington Management Group LLP now owns 769,441 shares of the industrial products company’s stock valued at $200,863,000 after acquiring an additional 152,197 shares during the period. Dimensional Fund Advisors LP boosted its position in shares of Applied Industrial Technologies by 1.5% in the third quarter. Dimensional Fund Advisors LP now owns 720,352 shares of the industrial products company’s stock valued at $188,040,000 after acquiring an additional 10,408 shares during the period. Finally, Geode Capital Management LLC boosted its position in shares of Applied Industrial Technologies by 0.3% in the fourth quarter. Geode Capital Management LLC now owns 687,161 shares of the industrial products company’s stock valued at $176,479,000 after acquiring an additional 1,889 shares during the period. Institutional investors own 93.52% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages have recently issued reports on AIT. Oppenheimer boosted their target price on shares of Applied Industrial Technologies from $300.00 to $350.00 and gave the company an “outperform” rating in a research report on Wednesday, April 29th. Robert W. Baird set a $317.00 target price on shares of Applied Industrial Technologies in a research report on Wednesday, April 29th. Wall Street Zen cut shares of Applied Industrial Technologies from a “buy” rating to a “hold” rating in a research report on Saturday, May 2nd. Weiss Ratings reissued a “buy (b)” rating on shares of Applied Industrial Technologies in a research report on Friday, April 24th. Finally, KeyCorp upped their price objective on shares of Applied Industrial Technologies from $300.00 to $330.00 and gave the stock an “overweight” rating in a research report on Thursday, February 26th. Five research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat, Applied Industrial Technologies presently has a consensus rating of “Moderate Buy” and an average price target of $313.67.

View Our Latest Report on Applied Industrial Technologies

Applied Industrial Technologies Trading Up 2.7%

AIT opened at $322.91 on Wednesday. Applied Industrial Technologies, Inc. has a twelve month low of $223.13 and a twelve month high of $324.34. The company has a 50-day simple moving average of $298.02 and a 200 day simple moving average of $278.62. The company has a quick ratio of 1.97, a current ratio of 2.95 and a debt-to-equity ratio of 0.19. The stock has a market capitalization of $11.93 billion, a price-to-earnings ratio of 30.49, a P/E/G ratio of 3.00 and a beta of 0.84.

Applied Industrial Technologies (NYSE:AIT – Get Free Report) last posted its quarterly earnings data on Tuesday, April 28th. The industrial products company reported $2.65 earnings per share for the quarter, topping the consensus estimate of $2.63 by $0.02. Applied Industrial Technologies had a net margin of 8.34% and a return on equity of 21.64%. The business had revenue of $1.25 billion during the quarter, compared to analysts’ expectations of $1.23 billion. During the same quarter in the prior year, the business posted $2.57 earnings per share. Applied Industrial Technologies’s revenue was up 7.3% compared to the same quarter last year. Applied Industrial Technologies has set its Q4 2026 guidance at 2.850-2.960 EPS and its FY 2026 guidance at 10.640-10.750 EPS. Analysts predict that Applied Industrial Technologies, Inc. will post 10.7 EPS for the current fiscal year.

Applied Industrial Technologies Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, May 29th. Stockholders of record on Friday, May 15th were issued a $0.51 dividend. The ex-dividend date of this dividend was Friday, May 15th. This represents a $2.04 dividend on an annualized basis and a dividend yield of 0.6%. Applied Industrial Technologies’s dividend payout ratio is 19.26%.

Insider Activity at Applied Industrial Technologies

In other news, VP Warren E. Hoffner III sold 8,000 shares of the stock in a transaction dated Tuesday, May 5th. The shares were sold at an average price of $306.04, for a total value of $2,448,320.00. Following the completion of the transaction, the vice president owned 40,751 shares of the company’s stock, valued at approximately $12,471,436.04. This represents a 16.41% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Company insiders own 1.60% of the company’s stock.

Applied Industrial Technologies Profile

(Free Report)

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.