Applied Industrial Technologies Inc.
AIT | NYSE
$294.12
-$8.31 (-2.75%)
At close: Oct 30, 2026, 4:00 PM ET
$294.27
+$0.15 (+0.05%)
After-hours:
Oct 30, 2026, 5:09 PM ET
Company Profile
Applied Industrial Technologies, Inc. (AIT) is a prominent distributor specializing in advanced solutions for industrial motion, power, control, and automation. Its operational footprint extends across North America, Australia, New Zealand, and Singapore. The company structures its operations into two main divisions: Service Center Based Distribution and Fluid Power & Flow Control. AIT's extensive product portfolio encompasses a wide range of industrial components and systems, including bearings, power transmission equipment, engineered fluid power systems, specialized flow control mechanisms, cutting-edge automation products, various industrial rubber items, linear motion components, and essential tools, safety gear, and oilfield provisions. Furthermore, it supplies motors, belting, drives, couplings, pumps, hydraulic and pneumatic parts, filtration products, valves, fittings, process instrumentation, actuators, and hoses, alongside other crucial supplies necessary for the general operational upkeep of customer machinery. Beyond product distribution, AIT offers robust service capabilities, including operating specialized fabricated rubber workshops and deploying field crews for the installation, modification, and repair of conveyor belts and rubber linings. The company also provides custom hose assemblies, comprehensive equipment repair, and valuable technical support services. Products are channeled to customers via an expansive network of strategically located service centers. Its diverse clientele spans numerous sectors such as agriculture and food processing, cement, chemicals and petrochemicals, fabricated metals, forest products, industrial machinery, life sciences, mining, oil and gas, primary metals, technology, transportation, utilities, and governmental bodies. Established in 1923 under its original name, Bearings, Inc., the company adopted its current moniker, Applied Industrial Technologies, Inc., in 1997. Its corporate headquarters are situated in Cleveland, Ohio.
Key Executives
| Name | Position |
|---|---|
| Neil A. Schrimsher | President, Chief Executive Officer & Director |
| David K. Wells | Vice President, Chief Financial Officer, & Treasurer |
| Joe Mangiapane | Managing Director of Australia & New Zealand |
| Jon S. Ploetz | Vice President, General Counsel & Secretary |
| Julie A. Kho | Manager of Corporate Communications & Public Relations |
| Kurt W. Loring | Vice President & Chief Human Resource Officer |
| Mike R. Allen | President of Applied Industrial Technologies, LP - Canada |
| Richard Wagner | Chief Accounting Officer & Controller |
| Ryan Dale Cieslak | Vice President of Investor Relations & Treasury |
| Sergio H. Nevárez | President of Applied Mexico |
Latest SEC Filings
| Date | Type | Title |
|---|---|---|
| Oct 02, 2026 | 4 | Filing |
| Sep 10, 2026 | ARS | Filing |
| Sep 10, 2026 | DEFA14A | Filing |
| Sep 10, 2026 | DEF 14A | Filing |
| Aug 27, 2026 | 4 | Filing |
| Aug 20, 2026 | 4 | Filing |
| Aug 20, 2026 | 4 | Filing |
| Aug 14, 2026 | 8-K | Current Report |
| Aug 13, 2026 | 4 | Filing |
| Aug 13, 2026 | 3 | Filing |
Applied Industrial Technologies Inc.
| Country | United States |
| IPO Date | Mar 17, 1980 |
| Industry | Industrial - Distribution |
| Sector | Industrials |
| Employees | 6,900 |
| CEO | Neil A. Schrimsher |
Contact Details
1 Applied Plaza Cleveland,
Ohio 44115 United States
Stock Details
| Ticker Symbol | AIT |
| Exchange | NYSE |
| Fiscal Year | July - June |
| Reporting Currency | USD |
| CIK Code | 0000109563 |
| CUSIP Number | 03820C105 |
| ISIN Number | US03820C1053 |
| SIC Code | 5080 |
Recent News
- 8 hours ago / businesswire.comAIT Worldwide Logistics Expands Global Footprint to Oceania with Acquisition of Australia-Based Forwarder Connor Anderson International
- 5 days ago / zacks.comApplied Industrial Technologies (AIT) Reports Q1 Earnings: What Key Metrics Have to Say
- 5 days ago / seekingalpha.comApplied Industrial Technologies, Inc. (AIT) Q1 2027 Earnings Call Transcript
- 5 days ago / marketbeat.comApplied Industrial Technologies Q1 Earnings Call Highlights
- 5 days ago / zacks.comApplied Industrial Technologies (AIT) Surpasses Q1 Earnings Estimates
- 5 days ago / businesswire.comApplied Industrial Technologies Reports Fiscal 2027 First Quarter Results
- 12 days ago / zacks.comApplied Industrial to Post Q1 Earnings: What's in the Cards?
- 19 days ago / zacks.comHere's Why Investors Should Consider Investing in Applied Industrial Stock
- 24 days ago / zacks.comHere's Why Applied Industrial Technologies (AIT) is a Strong Growth Stock
- 26 days ago / businesswire.comApplied Industrial Technologies to Report Fiscal First Quarter Earnings and Conduct Conference Call on October 27, 2026
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