Why Applied Industrial Technologies, Inc.’s (AIT) Stock Is Down 6.36%

By Jenna Brashear
July 31, 2026
Featured Tickers:
AIT

Avoid the stress of overpaying for a stock or missing an opportunity by using the right tools and insights to evaluate Applied Industrial Technologies, Inc. before investing.

In this article, we go over a few key elements for understanding Applied Industrial Technologies, Inc.’s stock price such as:

  • Applied Industrial Technologies, Inc.’s current stock price and volume
  • Why Applied Industrial Technologies, Inc.’s stock price changed recently
  • Upgrades and downgrades for AIT from analysts
  • AIT’s stock price momentum as measured by its relative strength

About Applied Industrial Technologies, Inc. (AIT)

Before we jump into Applied Industrial Technologies, Inc.’s stock price, history, target price and what caused it to recently rise, let’s take a look at some background.

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.

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Applied Industrial Technologies, Inc.’s Stock Price as of Market Close

As of July 31, 2026, 4:00 PM, CST, Applied Industrial Technologies, Inc.’s stock price was $345.210.

Applied Industrial Technologies, Inc. is up 1.58% from its previous closing price of $339.850.

During the last market session, Applied Industrial Technologies, Inc.’s stock traded between $337.475 and $346.630. Currently, there are approximately 37.22 million shares outstanding for Applied Industrial Technologies, Inc..

Applied Industrial Technologies, Inc.’s price-earnings (P/E) ratio is currently at 32.6, which is high compared to the Trading Companies & Distributors industry median of 25.8. The price-earnings ratio gauges market expectation of future performance by relating a stock’s current share price to its earnings per share.

Applied Industrial Technologies, Inc. Stock Price History

Applied Industrial Technologies, Inc.’s (AIT) price is currently up 2.09% so far this month.

During the month of July, Applied Industrial Technologies, Inc.’s stock price has reached a high of $352.760 and a low of $310.040.

Over the last year, Applied Industrial Technologies, Inc. has hit prices as high as $352.760 and as low as $238.340. Year to date, Applied Industrial Technologies, Inc.’s stock is up 34.44%.

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What Caused Applied Industrial Technologies, Inc. Stock’s Price to Rise?

Stock prices are primarily based on seller supply and buyer demand. But have you ever wondered about what other factors affect a stock's price?

When an analyst changes their opinion of a stock by upgrading or downgrading their rating, it often leads to a sudden stock price adjustment. As of July 31, 2026, there were 0 analysts who downgraded Applied Industrial Technologies, Inc.’s stock and 1 analyst who upgraded over the last month.

Additionally, you'll want to evaluate Applied Industrial Technologies, Inc.’s financial health and valuation. Investors can use AAII's Value Grade, which combines six key valuation metrics like P/E and P/S ratios for a comprehensive analysis to conduct analysis on Applied Industrial Technologies, Inc.’s valuation and financial health. This approach mitigates the limitations of single-metric evaluations.

Applied Industrial Technologies, Inc.’s current valuation based on AAII’s Value Grade is a D, which means it is considered to be Expensive.

Learn how to evaluate stocks with AAII Grades and Scores with A+ Investor today.

Lastly, news and media coverage as well as recent press reports about the company or its industry may cause stock prices to fluctuate. You can check out the most recent news articles about Applied Industrial Technologies, Inc. (AIT) by visiting AAII Stock Evaluator.

Relative Price Strength of Applied Industrial Technologies, Inc.

Relative price strength measures a stock's performance against the market, helping investors identify stocks that are outperforming benchmarks.

For AAII’s Momentum Grade, a weighted relative price strength is calculated. Follow this link to learn more about the Momentum Grade.

As of July 31, 2026, Applied Industrial Technologies, Inc. has a weighted four-quarter relative price strength of 3.89%, which translates to a Momentum Score of 67 and is considered to be Strong.

Want to learn more about how Applied Industrial Technologies, Inc. is graded based on AAII’s composite scores for value, growth, quality and earnings estimate revisions? Subscribe to A+ Investor today.

Applied Industrial Technologies, Inc. Stock Price: Bottom Line

As of July 31, 2026, Applied Industrial Technologies, Inc.’s stock price is $345.210, which is up 1.58% from its previous closing price.

AAII advises against making stock decisions based solely on price or past returns. Instead, consider a variety of metrics, fundamentals, and analytics to evaluate a stock like Applied Industrial Technologies, Inc. stock prices are influenced by market supply and demand and offer just a snapshot of a company's overall health.

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