Applied Industrial Technologies Inc. (0HGR)
Summary
0HGR Chart
Are Industrial Products Stocks Lagging Applied Industrial Technologies (AIT) This Year?
Here is how Applied Industrial Technologies (AIT) and W.W. Grainger (GWW) have performed compared to their sector so far this year.
Is Applied Industrial Technologies (AIT) Stock Outpacing Its Industrial Products Peers This Year?
Here is how Applied Industrial Technologies (AIT) and W.W. Grainger (GWW) have performed compared to their sector so far this year.
Here's Why You Should Hold Applied Industrial Stock in Portfolio Now
AIT gains from MRO demand, acquisitions and shareholder returns, but rising costs and supply-chain issues remain key risks.
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Applied Industrial Technologies Inc. Profile
| Consumer Staples Distribution & Retail Industry | Consumer Staples Sector | Neil A. Schrimsher CEO | LSE Exchange | 03820C105 CUSIP |
| US Country | 6,800 Employees | 14 Aug 2026 Last Dividend | 16 Jun 2006 Last Split | - IPO Date |
Overview
Applied Industrial Technologies, Inc. is a prominent distributor of industrial motion, power, control, and automation technology solutions across various countries, including the United States, Canada, Mexico, Australia, New Zealand, Singapore, and Costa Rica. Operating through two main segments, Service Center Based Distribution and Engineered Solutions, the company caters to a wide range of industries such as agriculture, food processing, chemicals, mining, and more. With its origins dating back to 1923 and initially known as Bearings, Inc., it renamed to Applied Industrial Technologies, Inc. in 1997. The headquarters of the company is strategically located in Cleveland, Ohio, from where it oversees its operations and a network of service centers, ensuring comprehensive coverage and support for its customer base.
Products and Services
- Bearings and Power Transmission Products:Offering a wide selection of bearings and power transmission components vital for machinery operation, including motors, belting, drives, and couplings.
- Engineered Fluid Power Components and Systems:These essentials for machinery include hydraulic and pneumatic components, filtration supplies, valves, and fittings, ensuring optimized performance.
- Specialty Flow Control Solutions: Catering to specific industry needs with advanced flow control technologies, including process instrumentation and actuators.
- Advanced Automation Products: Focusing on enhancing efficiency through automation solutions such as machine vision, robotics, motion control, and smart technologies.
- Industrial Rubber Products: Providing a comprehensive range of rubber products for industrial applications, alongside specialized services for conveyor belts and rubber linings.
- Linear Motion Components: Offering components that facilitate precise motion in a range of industrial machinery and equipment.
- Tools, Safety Products, and Maintenance Supplies: A broad assortment of essential tools, effective safety products, and maintenance supplies to support operational needs.
- Oilfield Supplies: Catering to the oil and gas industry with a selection of specialized supplies for field operations.
- Technical Support Services: Applied Industrial Technologies also goes beyond product distribution by providing technical support services that include the installation, modification, and repair of key components.
