AIT, NYSE
Applied Industrial Technologies, Inc. (AIT)
Price (as of October 24)
111.52USD
Correlations
Lowest within Industry
| Symbol | Correlation |
|---|---|
|
W.W. Grainger, Inc. |
-0.27 |
|
Transcat, Inc. |
-0.2 |
|
SiteOne Landscape Supply, Inc. |
-0.18 |
|
Distribution Solutions Group, Inc. |
-0.15 |
|
Fastenal Company |
-0.12 |
|
Watsco, Inc. |
-0.02 |
|
Ferguson plc |
-0.06 |
|
DXP Enterprises, Inc. |
0.02 |
|
Global Industrial Company |
0.01 |
|
WESCO International, Inc. |
0.01 |
Highest within Industry
| Symbol | Correlation |
|---|---|
|
MSC Industrial Direct Co., Inc. |
0.16 |
|
Titan Machinery Inc. |
0.16 |
|
Ferguson plc |
0.16 |
|
Core & Main, Inc. |
0.14 |
|
EVI Industries, Inc. |
0.11 |
|
Watsco, Inc. |
-0 |
|
Pool Corporation |
-0.01 |
|
WESCO International, Inc. |
0.01 |
|
Global Industrial Company |
0.01 |
|
DXP Enterprises, Inc. |
0.02 |
Lowest within Industry
| Symbol | Correlation |
|---|---|
|
Fastenal Company |
-0.11 |
|
DXP Enterprises, Inc. |
-0.05 |
|
Transcat, Inc. |
-0.05 |
|
SiteOne Landscape Supply, Inc. |
-0.04 |
|
Watsco, Inc. |
-0.03 |
|
W.W. Grainger, Inc. |
-0.01 |
|
Core & Main, Inc. |
-0.05 |
|
WESCO International, Inc. |
0.01 |
|
Ferguson plc |
-0.06 |
|
Titan Machinery Inc. |
-0.01 |
Highest within Industry
| Symbol | Correlation |
|---|---|
|
Watsco, Inc. |
0.12 |
|
Ferguson plc |
0.11 |
|
EVI Industries, Inc. |
0.1 |
|
Pool Corporation |
0.08 |
|
MSC Industrial Direct Co., Inc. |
0.06 |
|
Global Industrial Company |
0.01 |
|
Distribution Solutions Group, Inc. |
0.01 |
|
Titan Machinery Inc. |
-0.01 |
|
Ferguson plc |
-0.06 |
|
WESCO International, Inc. |
0.01 |
Lowest within Industry
| Symbol | Correlation |
|---|---|
|
Ferguson plc |
-0.09 |
|
Watsco, Inc. |
-0.07 |
|
SiteOne Landscape Supply, Inc. |
-0.06 |
|
Core & Main, Inc. |
-0.05 |
|
Ferguson plc |
-0.03 |
|
W.W. Grainger, Inc. |
-0.01 |
|
Fastenal Company |
-0.01 |
|
Transcat, Inc. |
-0.02 |
|
EVI Industries, Inc. |
-0.01 |
|
Pool Corporation |
-0.01 |
Highest within Industry
| Symbol | Correlation |
|---|---|
|
Distribution Solutions Group, Inc. |
0.12 |
|
DXP Enterprises, Inc. |
0.1 |
|
MSC Industrial Direct Co., Inc. |
0.02 |
|
Titan Machinery Inc. |
0.01 |
|
Global Industrial Company |
0.01 |
|
WESCO International, Inc. |
0.01 |
|
Watsco, Inc. |
-0 |
|
Pool Corporation |
-0.01 |
|
EVI Industries, Inc. |
-0.01 |
|
Transcat, Inc. |
-0.02 |
Lowest within Industry
| Symbol | Correlation |
|---|---|
|
Ferguson plc |
-0.06 |
|
SiteOne Landscape Supply, Inc. |
-0.05 |
|
Core & Main, Inc. |
-0.05 |
|
Ferguson plc |
-0.02 |
|
Watsco, Inc. |
-0.02 |
|
Transcat, Inc. |
-0.02 |
|
Titan Machinery Inc. |
-0.01 |
|
Fastenal Company |
-0.01 |
|
Pool Corporation |
-0.01 |
|
W.W. Grainger, Inc. |
-0.01 |
Highest within Industry
| Symbol | Correlation |
|---|---|
|
MSC Industrial Direct Co., Inc. |
0.03 |
|
DXP Enterprises, Inc. |
0.02 |
|
Distribution Solutions Group, Inc. |
0.01 |
|
Global Industrial Company |
0.01 |
|
WESCO International, Inc. |
0.01 |
|
Watsco, Inc. |
-0 |
|
EVI Industries, Inc. |
-0.01 |
|
W.W. Grainger, Inc. |
-0.01 |
|
Pool Corporation |
-0.01 |
|
Fastenal Company |
-0.01 |
Lowest by Sector
| Symbol | Correlation |
|---|---|
|
The Shyft Group, Inc. |
-0.36 |
|
iShares Self-Driving EV and Tech ETF |
-0.35 |
|
Broadwind, Inc. |
-0.34 |
|
Pacer Industrials and Logistics ETF |
-0.33 |
|
Eve Holding, Inc. |
-0.31 |
|
Construction Partners, Inc. |
-0.02 |
|
FTI Consulting, Inc. |
0 |
|
Caterpillar Inc. |
0 |
|
Seaboard Corporation |
0.02 |
|
Stanley Black & Decker, Inc. |
0 |
Highest by Sector
| Symbol | Correlation |
|---|---|
|
AGCO Corporation |
0.66 |
|
First Trust RBA American Industrial Renaissance ETF |
0.66 |
|
Air Lease Corporation |
0.62 |
|
Altra Industrial Motion Corp. |
0.57 |
|
Advanced Energy Industries, Inc. |
0.55 |
|
AECOM |
0.52 |
|
Archer Aviation Inc. |
0.23 |
|
ABM Industries Incorporated |
0.45 |
|
Alamo Group Inc. |
0.4 |
|
AerCap Holdings N.V. |
0.44 |
Lowest by Sector
| Symbol | Correlation |
|---|---|
|
Pacer Industrials and Logistics ETF |
-0.23 |
|
Seaboard Corporation |
-0.21 |
|
Carpenter Technology Corporation |
-0.19 |
|
Cummins Inc. |
-0.17 |
|
Vanguard Industrials ETF |
-0.17 |
|
Crane Holdings, Co. |
-0 |
|
China Eastern Airlines Corporation Limited |
-0.02 |
|
The Shyft Group, Inc. |
0.03 |
|
Perma-Pipe International Holdings, Inc. |
0 |
|
Raytheon Technologies Corporation |
-0.02 |
Highest by Sector
| Symbol | Correlation |
|---|---|
|
First Trust RBA American Industrial Renaissance ETF |
0.69 |
|
Altra Industrial Motion Corp. |
0.65 |
|
AECOM |
0.57 |
|
Alamo Group Inc. |
0.57 |
|
AAR Corp. |
0.55 |
|
AGCO Corporation |
0.45 |
|
Arcosa, Inc. |
0.6 |
|
Air Lease Corporation |
0.58 |
|
Advanced Energy Industries, Inc. |
0.38 |
|
ACCO Brands Corporation |
0.36 |
Lowest by Sector
| Symbol | Correlation |
|---|---|
|
Pacer Industrials and Logistics ETF |
-0.23 |
|
Donaldson Company, Inc. |
-0.15 |
|
Casella Waste Systems, Inc. |
-0.15 |
|
Carrier Global Corporation |
-0.14 |
|
Brady Corporation |
-0.13 |
|
Valmont Industries, Inc. |
-0.01 |
|
Curtiss-Wright Corporation |
-0.03 |
|
Franklin Electric Co., Inc. |
-0.01 |
|
Automatic Data Processing, Inc. |
-0.06 |
|
China Yuchai International Limited |
-0.02 |
Highest by Sector
| Symbol | Correlation |
|---|---|
|
First Trust RBA American Industrial Renaissance ETF |
0.79 |
|
Altra Industrial Motion Corp. |
0.69 |
|
AAR Corp. |
0.68 |
|
AECOM |
0.67 |
|
Alamo Group Inc. |
0.65 |
|
Air Lease Corporation |
0.58 |
|
AGCO Corporation |
0.45 |
|
Arcosa, Inc. |
0.6 |
|
Advanced Energy Industries, Inc. |
0.38 |
|
Alaska Air Group, Inc. |
0.41 |
Lowest by Sector
| Symbol | Correlation |
|---|---|
|
Pacer Industrials and Logistics ETF |
-0.23 |
|
Carrier Global Corporation |
-0.14 |
|
Terran Orbital Corporation |
-0.11 |
|
Tritium DCFC Limited |
-0.1 |
|
Custom Truck One Source, Inc. |
-0.09 |
|
Aramark |
-0.09 |
|
ClearSign Technologies Corporation |
-0.08 |
|
Vertical Aerospace Ltd. |
-0.08 |
|
IQ Cleaner Transport ETF |
-0.07 |
|
Eve Holding, Inc. |
-0.07 |
Highest by Sector
| Symbol | Correlation |
|---|---|
|
First Trust RBA American Industrial Renaissance ETF |
0.76 |
|
Arcosa, Inc. |
0.6 |
|
Altra Industrial Motion Corp. |
0.59 |
|
Air Lease Corporation |
0.58 |
|
AECOM |
0.52 |
|
AAR Corp. |
0.45 |
|
AGCO Corporation |
0.45 |
|
ABM Industries Incorporated |
0.45 |
|
AerCap Holdings N.V. |
0.44 |
|
Atlas Air Worldwide Holdings, Inc. |
0.44 |
Lowest Overall
| Symbol | Correlation |
|---|---|
|
Rice Acquisition Corp. II |
-0.57 |
|
VEON Ltd. |
-0.52 |
|
Stifel Financial Corp. |
-0.48 |
|
iShares iBonds Dec 2023 Term Muni Bond ETF |
-0.47 |
|
Stran & Company, Inc. |
-0.46 |
|
Foghorn Therapeutics Inc. |
-0.14 |
|
Marblegate Acquisition Corp. |
-0.11 |
|
Parsec Capital Acquisitions Corp |
-0.2 |
|
Sight Sciences, Inc. |
-0.19 |
|
Welsbach Technology Metals Acquisition Corp. |
-0.25 |
Highest Overall
| Symbol | Correlation |
|---|---|
|
FIRST TRUST ACTIVE FACTOR MID CAP ETF |
0.69 |
|
FIRST TRUST ACTIVE FACTOR SMALL CAP ETF |
0.67 |
|
AGCO Corporation |
0.66 |
|
First Trust RBA American Industrial Renaissance ETF |
0.66 |
|
Aegon N.V. |
0.65 |
|
American Financial Group, Inc. |
0.46 |
|
iShares MSCI Global Multifactor ETF |
0.58 |
|
AdvisorShares Dorsey Wright ADR ETF |
0.48 |
|
Ameris Bancorp |
0.45 |
|
Air Lease Corporation |
0.58 |
Lowest Overall
| Symbol | Correlation |
|---|---|
|
SEI Enhanced Low Volatility U.S. Large Cap ETF |
-0.29 |
|
SEI Enhanced U.S. Large Cap Quality Factor ETF |
-0.29 |
|
Global Blockchain Acquisition Corp. |
-0.28 |
|
SEI Enhanced U.S. Large Cap Value Factor ETF |
-0.26 |
|
SEI Enhanced U.S. Large Cap Momentum Factor ETF |
-0.26 |
|
ClimateRock |
-0.25 |
|
Welsbach Technology Metals Acquisition Corp. |
-0.25 |
|
Columbia Seligman Semiconductor and Technology ETF |
-0.23 |
|
Maxpro Capital Acquisition Corp. |
-0.23 |
|
Pacer Industrials and Logistics ETF |
-0.23 |
Highest Overall
| Symbol | Correlation |
|---|---|
|
First Trust RBA American Industrial Renaissance ETF |
0.69 |
|
FIRST TRUST ACTIVE FACTOR MID CAP ETF |
0.68 |
|
FIRST TRUST ACTIVE FACTOR SMALL CAP ETF |
0.67 |
|
Altra Industrial Motion Corp. |
0.65 |
|
Albany International Corp. |
0.65 |
|
LeaderShares Activist Leaders ETF |
0.65 |
|
WisdomTree U.S. AI Enhanced Value Fund |
0.65 |
|
ALPHA INTELLIGENT - LARGE CAP VALUE ETF |
0.62 |
|
First Trust Active Factor Large Cap ETF |
0.66 |
|
Alexander & Baldwin, Inc. |
0.5 |
Lowest Overall
| Symbol | Correlation |
|---|---|
|
SEI Enhanced Low Volatility U.S. Large Cap ETF |
-0.29 |
|
SEI Enhanced U.S. Large Cap Quality Factor ETF |
-0.29 |
|
Global Blockchain Acquisition Corp. |
-0.28 |
|
SEI Enhanced U.S. Large Cap Value Factor ETF |
-0.26 |
|
SEI Enhanced U.S. Large Cap Momentum Factor ETF |
-0.26 |
|
Dime Community Bancshares, Inc. |
-0.25 |
|
ClimateRock |
-0.25 |
|
Welsbach Technology Metals Acquisition Corp. |
-0.25 |
|
Columbia Seligman Semiconductor and Technology ETF |
-0.23 |
|
Maxpro Capital Acquisition Corp. |
-0.23 |
Highest Overall
| Symbol | Correlation |
|---|---|
|
First Trust RBA American Industrial Renaissance ETF |
0.79 |
|
FIRST TRUST ACTIVE FACTOR SMALL CAP ETF |
0.72 |
|
Absolute Core Strategy ETF |
0.71 |
|
FIRST TRUST ACTIVE FACTOR MID CAP ETF |
0.7 |
|
Altra Industrial Motion Corp. |
0.69 |
|
WisdomTree U.S. AI Enhanced Value Fund |
0.65 |
|
AAR Corp. |
0.45 |
|
AECOM |
0.52 |
|
iShares MSCI Global Multifactor ETF |
0.58 |
|
Dow Jones Industrial Average |
0.55 |
Lowest Overall
| Symbol | Correlation |
|---|---|
|
SEI Enhanced Low Volatility U.S. Large Cap ETF |
-0.29 |
|
SEI Enhanced U.S. Large Cap Quality Factor ETF |
-0.29 |
|
Global Blockchain Acquisition Corp. |
-0.28 |
|
SEI Enhanced U.S. Large Cap Value Factor ETF |
-0.26 |
|
SEI Enhanced U.S. Large Cap Momentum Factor ETF |
-0.26 |
|
Dime Community Bancshares, Inc. |
-0.25 |
|
ClimateRock |
-0.25 |
|
Welsbach Technology Metals Acquisition Corp. |
-0.25 |
|
Columbia Seligman Semiconductor and Technology ETF |
-0.23 |
|
Maxpro Capital Acquisition Corp. |
-0.23 |
Highest Overall
| Symbol | Correlation |
|---|---|
|
First Trust RBA American Industrial Renaissance ETF |
0.76 |
|
FIRST TRUST ACTIVE FACTOR SMALL CAP ETF |
0.72 |
|
Absolute Core Strategy ETF |
0.71 |
|
FIRST TRUST ACTIVE FACTOR MID CAP ETF |
0.7 |
|
First Trust Active Factor Large Cap ETF |
0.66 |
|
LeaderShares Activist Leaders ETF |
0.65 |
|
WisdomTree U.S. AI Enhanced Value Fund |
0.65 |
|
iShares MSCI ACWI ETF |
0.65 |
|
ALPHA INTELLIGENT - LARGE CAP VALUE ETF |
0.62 |
|
American Customer Satisfaction ETF |
0.62 |
Profile
- Sector:
- Industrials
- Industry:
- Industrial Distribution
Applied Industrial Technologies, Inc. distributes industrial motion, power, control, and automation technology solutions in North America, Australia, New Zealand, and Singapore. It operates through two segments, Service Center Based Distribution, and Fluid Power & Flow Control. The company distributes bearings, power transmission products, engineered fluid power components and systems, specialty flow control solutions, advanced automation products, industrial rubber products, linear motion components, automation solutions, tools, safety products, oilfield supplies, and other industrial and maintenance supplies; and motors, belting, drives, couplings, pumps, hydraulic and pneumatic components, filtration supplies, valves, fittings, process instrumentation, actuators, and hoses, filtration supplies, as well as other related supplies for general operational needs of customers’ machinery and equipment. It also operates fabricated rubber shops and service field crews that install, modify, and repair conveyor belts and rubber linings, as well as offer hose assemblies. In addition, the company provides equipment repair and technical support services. It distributes industrial products through a network of service centers. The company serves various industries, including agriculture and food processing, cement, chemicals and petrochemicals, fabricated metals, forest products, industrial machinery and equipment, life sciences, mining, oil and gas, primary metals, technology, transportation, and utilities, as well as government entities. 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.