Applied Industrial Technologies, Inc. (AIT)
NYSE: AIT · Real-Time Price · USD
257.91
-0.92 (-0.36%)
Dec 5, 2025, 4:00 PM EST - Market closed

Company Description

Applied Industrial Technologies, Inc. distributes industrial motion, power, control, and automation technology solutions in the United States, Canada, Mexico, Australia, New Zealand, Singapore, and Costa Rica.

It operates in two segments, Service Center and Engineered Solutions. The Service Center segment distributes industrial bearings, power transmission, fluid power components and systems, specialty flow control, and advanced factory automation solutions, as well as general maintenance products; and motors, belting, drives, couplings, pumps, linear motion, hydraulic and pneumatic components, filtration supplies, hoses, and other related supplies.

It also installs, modifies, and repairs conveyor belts and rubber linings, as well as hose assemblies.

The Engineered Solutions segment is involved in distributing, engineering, designing, integrating, and repairing hydraulic and pneumatic fluid power technologies, engineered flow control products and services, and automation technologies; and provision of fluid power and industrial flow control products.

Its fluid power products and solutions are used in off-highway mobile equipment, stationary industrial equipment and machines, marine and offshore equipment, factory automation, food processing equipment, packaging operations, and downstream energy process systems.

This segment also offers pumps, valves, fittings, hoses, process instrumentation, actuators, and filtration supplies; and advanced automation technologies for the design, engineering, assembly, integration, and distribution of machine vision, collaborative robots, mobile robots, radio-frequency identification, industrial networking, motion control, and machine learning technologies for OEMs, machine builders, integrators, and other industrial and technology sectors.

The company was formerly known as Bearings, Inc. and changed its to name to Applied Industrial Technologies, Inc. in 1997.

The company was founded in 1923 and is headquartered in Cleveland, Ohio.

Applied Industrial Technologies, Inc.
Applied Industrial Technologies logo
Country United States
Founded 1923
Industry Industrial Distribution
Sector Industrials
Employees 6,800
CEO Neil Schrimsher

Contact Details

Address:
1 Applied Plaza
Cleveland, Ohio 44115
United States
Phone 216 426 4000
Website applied.com

Stock Details

Ticker Symbol AIT
Exchange NYSE
Stock Type Common Stock
Fiscal Year July - June
Reporting Currency USD
CIK Code 0000109563
CUSIP Number 03820C105
ISIN Number US03820C1053
Employer ID 34-0117420
SIC Code 5080

Key Executives

Name Position
Neil A. Schrimsher President, Chief Executive Officer and Director
David K. Wells Vice President, Chief Financial Officer, and Treasurer
Kurt W. Loring Vice President and Chief Human Resource Officer
Richard M. Wagner Chief Accounting Officer and Controller
Ryan Dale Cieslak Director of Investor Relations and Assistant Treasurer
Jon S. Ploetz J.D. Vice President, General Counsel and Secretary
Julie A. Kho Manager of Corporate Communications and Public Relations
Joe Mangiapane Managing Director of Australia and New Zealand
Mike R. Allen President of Applied Industrial Technologies, LP - Canada

Latest SEC Filings

Date Type Title
Oct 30, 2025 SCHEDULE 13G/A Filing
Oct 28, 2025 10-Q Quarterly Report
Oct 28, 2025 8-K Current Report
Oct 24, 2025 8-K Current Report
Oct 23, 2025 8-K Current Report
Sep 10, 2025 ARS Filing
Sep 10, 2025 DEF 14A Other definitive proxy statements
Aug 22, 2025 144 Filing
Aug 21, 2025 144 Filing
Aug 15, 2025 10-K Annual Report