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Applied Industrial Technologies, Inc. (AIT)

294.12 -8.31 (-2.75%)
At close: October 30 at 4:00:03 PM EDT
294.27 +0.15 (+0.05%)
After hours: October 30 at 5:09:10 PM EDT
Trade AIT on Coinbase
Dividend
AIT announced a cash dividend of $0.51 with an ex-date of Nov. 13, 2026

Key Executives

Amounts are as of December 31, 2026 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.
Name Title Pay Exercised Year Born
Mr. Neil A. Schrimsher
President, CEO & Director 2.59M -- 1964
Mr. David K. Wells
VP, CFO & Treasurer 983.77k -- 1963
Mr. Kurt W. Loring
VP & Chief Human Resource Officer 720.04k 2.59M 1969
Mr. Richard M. Wagner
Chief Accounting Officer & Controller -- -- 1968
Mr. Ryan Dale Cieslak
Vice President of Investor Relations & Treasury -- -- --
Mr. Jon S. Ploetz J.D.
VP, General Counsel & Secretary -- -- 1973
Ms. Julie A. Kho
Manager of Corporate Communications & Public Relations -- -- --
Joe Mangiapane
Managing Director of Australia & New Zealand -- -- --
Mr. Sergio H. Nevarez
President of Applied Mexico -- -- --

Applied Industrial Technologies, Inc.

1 Applied Plaza
Cleveland, OH 44115
United States
216 426 4000 https://www.applied.com
Sector: 
Industrials
Full Time Employees: 
6,800

Description

Applied Industrial Technologies, Inc. distributes industrial motion, fluid power, flow control, automation technologies, and related maintenance supplies 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 name to Applied Industrial Technologies, Inc. in 1997. The company was founded in 1923 and is headquartered in Cleveland, Ohio.

Corporate Governance

Applied Industrial Technologies, Inc.’s ISS Governance QualityScore as of October 1, 2026 is 6. The pillar scores are Audit: 4; Board: 8; Shareholder Rights: 9; Compensation: 1.
Corporate governance scores courtesy of Institutional Shareholder Services (ISS) Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.

Upcoming Events

November 13, 2026 at 12:00 AM UTC

Ex-Dividend Date

November 30, 2026 at 12:00 AM UTC

Dividend Date

January 26, 2027 at 1:30 PM UTC

Applied Industrial Technologies, Inc. Earnings Date

Recent Events

October 27, 2026 at 12:00 AM UTC

10-Q: Periodic Financial Reports

October 23, 2026 at 12:00 AM UTC

8-K/A: Corporate Changes & Voting Matters

October 22, 2026 at 12:00 AM UTC

8-K: Corporate Changes & Voting Matters

September 10, 2026 at 12:00 AM UTC

DEFA14A: Proxy Statements

August 14, 2026 at 12:00 AM UTC

8-K: Corporate Changes & Voting Matters

August 13, 2026 at 12:00 AM UTC

8-K: Corporate Changes & Voting Matters

June 25, 2026 at 12:00 AM UTC

8-K: Corporate Changes & Voting Matters

June 16, 2026 at 12:00 AM UTC

11-K: Annual report of employee stock purchase

May 29, 2026 at 12:00 AM UTC

SD: Specialized Disclosure Report filed pursuant to Section 1502 of the Dodd-Frank Wall Street Reform and Consumer Protection Act relating to the use of conflict minerals (Rule 13p-1)

April 28, 2026 at 12:00 AM UTC

10-Q: Periodic Financial Reports

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