Applied Industrial Technologies, Inc. (AIT)
NYSE: AIT · Real-Time Price · USD
268.52
+1.53 (0.57%)
Aug 27, 2025, 4:00 PM - 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
CountryUnited States
Founded1923
IndustryIndustrial Distribution
SectorIndustrials
Employees6,800
CEONeil Schrimsher

Contact Details

Address:
1 Applied Plaza
Cleveland, Ohio 44115
United States
Phone216 426 4000
Websiteapplied.com

Stock Details

Ticker SymbolAIT
ExchangeNYSE
Stock TypeCommon Stock
Fiscal YearJuly - June
Reporting CurrencyUSD
CIK Code0000109563
CUSIP Number03820C105
ISIN NumberUS03820C1053
Employer ID34-0117420
SIC Code5080

Key Executives

NamePosition
Neil A. SchrimsherPresident, Chief Executive Officer and Director
David K. WellsVice President, Chief Financial Officer, and Treasurer
Kurt W. LoringVice President and Chief Human Resource Officer
Richard M. WagnerChief Accounting Officer and Controller
Ryan Dale CieslakDirector of Investor Relations and Assistant Treasurer
Jon S. Ploetz J.D.Vice President, General Counsel and Secretary
Julie A. KhoManager of Corporate Communications and Public Relations

Latest SEC Filings

DateTypeTitle
Aug 22, 2025144Filing
Aug 21, 2025144Filing
Aug 15, 202510-KAnnual Report
Aug 14, 20258-KCurrent Report
Jul 17, 2025SCHEDULE 13G/AFiling
Jul 11, 20258-KCurrent Report
Jun 26, 202511-KAnnual report of employee stock purchase, savings and similar plans
May 30, 2025SDForm - SD
May 12, 2025SCHEDULE 13G/AFiling
May 1, 202510-QQuarterly Report