Vanguard Group Reduces $16M in Applied Industrial Technologies, Inc. ($AIT)

Vanguard Group has trimmed its stake in Applied Industrial Technologies, Inc. (NYSE: AIT), reducing its holdings by 49,853 shares according to its latest 13F filing with the SEC. This move represents a 1.2% decrease, leaving Vanguard with 4,078,319 shares valued at approximately $1.32 billion as of the reporting period.

What Changed in Vanguard Group's Applied Industrial Technologies Position

Vanguard Group's recent filing shows a reduction of 49,853 shares in Applied Industrial Technologies, bringing its total holdings to 4,078,319 shares. This change marks a 1.2% decrease from the previous count of 4,128,172 shares. The value of Vanguard's position in the company is now reported at around $1.32 billion.

Other Institutional Activity in Applied Industrial Technologies

BlackRock, Inc. increased its holdings in Applied Industrial Technologies by 86,757 shares, ending with 3,838,564 shares worth about $1.02 billion. Vanguard Portfolio Management LLC also made a notable move, adding 2,122,438 shares to hold the same number, valued at approximately $563.13 million. State Street Corp added 18,134 shares, bringing its total to 1,207,223 shares valued at roughly $320.3 million. First Trust Advisors LP significantly boosted its position by 249,961 shares, reaching 978,840 shares valued at $259.71 million.

Applied Industrial Technologies Stock Snapshot

Shares of Applied Industrial Technologies (NYSE: AIT) traded around $324.35. The company has a market capitalization of $11.83 billion and a P/E ratio of 30.2. Its stock has seen a 52-week low of $223.13 and a high of $326.41. The 50-day moving average is $301.75, while the 200-day moving average stands at $273.27. The company's current ratio is 2.95, with a quick ratio of 1.83 and a debt-to-equity ratio of 19.64.

Recent Earnings

Applied Industrial Technologies reported revenue of approximately $4.84 billion, with a revenue growth rate of 7.3%. The company achieved a net margin of 8.3% and a return on equity of 21.9%. Its earnings per share (EPS) stood at $10.60. The next earnings report is scheduled for April 28, 2026.

Dividend

Applied Industrial Technologies offers an annual dividend rate of $2.04 per share, yielding 0.64%. The dividend payout ratio is 17.86%.

Insider Buying and Selling at Applied Industrial Technologies, Inc.

Several insiders have sold shares recently. On May 5, 2026, Warren Hoffner III, VP and General Manager of Fluid Power, sold 8,000 shares at an average price of $306.04. Earlier, on February 6, Hoffner sold another 8,000 shares at an average price of $287.03. Jon Ploetz, VP-General Counsel & Secretary, sold 146 shares on April 24, 2026, at $293.35. Peter Wallace sold 5,000 shares on February 26, 2026, at $285.03.

Analysts Set New Price Targets

On April 29, 2026, Oppenheimer maintained its 'buy' rating on Applied Industrial Technologies, setting a price target of $350. Keybanc, on February 26, 2026, also maintained its 'buy' rating with a target of $330. The consensus among analysts is a 'buy' rating, with an average target price of $334 across five analyst opinions.

About Applied Industrial Technologies

Applied Industrial Technologies, Inc. is a distributor of industrial motion, power, control, and automation technology solutions. The company operates through Service Center and Engineered Solutions segments, offering products and services across the United States and several international markets. Headquartered in Cleveland, Ohio, the company is led by CEO Neil A. Schrimsher and employs approximately 6,859 people.

Bottom Line

Vanguard Group's decision to trim its holdings in Applied Industrial Technologies is part of its broader portfolio management strategy. Investors often track these filings to gauge institutional sentiment. It's important to remember that 13F filings reflect past positions and may not indicate current holdings.