Trexquant Investment Adds $6M in Applied Industrial Technologies, Inc. ($AIT)

Trexquant Investment has made a notable move by increasing its holdings in Applied Industrial Technologies, Inc. (NYSE: AIT). According to its latest 13F filing with the SEC dated May 15, 2026, Trexquant added 18,101 shares, boosting its stake by about 43% to 60,199 shares. This position is now valued at approximately $19.73 million.

What Changed in Trexquant Investment's Applied Industrial Technologies Position

Trexquant Investment significantly increased its stake in Applied Industrial Technologies during the reporting period. The firm added 18,101 shares to its previous holding of 42,098 shares, representing a 43% increase. This brings its total to 60,199 shares valued at approximately $19.73 million.

Other Institutional Activity in Applied Industrial Technologies

Other major funds also adjusted their positions in Applied Industrial Technologies. BlackRock, Inc. grew its holdings by 86,757 shares, ending with 3,838,564 shares worth about $1.02 billion. Vanguard Portfolio Management LLC added 2,122,438 shares to its portfolio, holding a total of 2,122,438 shares valued at $563.13 million. State Street Corp increased its stake by 18,134 shares to 1,207,223 shares, valued at $320.3 million. Meanwhile, First Trust Advisors LP boosted its position by 249,961 shares, now holding 978,840 shares valued at $259.71 million. AQR Capital Management LLC made a significant move by adding 488,687 shares, raising its total to 919,611 shares worth $240.77 million.

Applied Industrial Technologies Stock Snapshot

Shares of Applied Industrial Technologies (NYSE: AIT) traded near $327.74. The company has a market cap of approximately $12.19 billion and a P/E ratio of 31.2. Its forward P/E is 28.0, and it has a beta of 0.853, indicating lower volatility compared to the market. The stock's 52-week range spans from $223.13 to $335.96, with a 50-day moving average of $304.98 and a 200-day moving average of $274.13.

Recent Earnings

In its recent earnings report, Applied Industrial Technologies reported revenue of $4.84 billion, reflecting a growth of 7.3%. The company's net margin stood at 8.3%, and its return on equity was 21.9%. The next earnings announcement is scheduled for August 13, 2026.

Dividend

Applied Industrial Technologies offers an annual dividend rate of $2.04, yielding 0.63%. The dividend payout ratio is 17.86%, indicating a conservative approach to dividend payments.

Insider Buying and Selling at Applied Industrial Technologies, Inc.

Several insiders have been selling shares in recent months. On May 5, 2026, Warren Hoffner III, VP and General Manager of Fluid Power, sold 8,000 shares at an average price of $306.04. Earlier, on April 24, 2026, Jon Ploetz, VP-General Counsel & Secretary, sold 146 shares at $293.35. Additionally, Peter Wallace sold 5,000 shares on February 26, 2026, at $285.03.

Analysts Set New Price Targets

Analysts have recently set new price targets for Applied Industrial Technologies. On June 16, 2026, DA Davidson initiated coverage with a buy rating and a $380 price target. Oppenheimer maintained its buy rating with a $350 target on April 29, 2026. Keybanc also maintained a buy rating with a $330 target on February 26, 2026. The consensus among analysts is a strong buy, with a mean price target of $341.67 across six opinions.

About Applied Industrial Technologies

Applied Industrial Technologies, Inc., headquartered in Cleveland, Ohio, distributes industrial motion, power, control, and automation technology solutions. It operates through two segments: Service Center and Engineered Solutions. The company serves various sectors, including industrial equipment, factory automation, and energy processes. Led by CEO Neil A. Schrimsher, Applied Industrial Technologies employs approximately 6,859 people.

Bottom Line

Trexquant Investment's increased stake in Applied Industrial Technologies signals confidence in the company's prospects. As a key player in industrial distribution, Applied Industrial Technologies is closely watched by investors, particularly given its recent earnings growth and analyst endorsements. Remember, 13F filings like this one reflect past positions and may not indicate current holdings.