Pinnbrook Capital Buys 18,927 Shares of Applied Industrial Technologies

The institutional investor now owns 0.05% of the industrial products company's stock.

Mar. 14, 2026 at 9:21am

Got story updates? Submit your updates here. ›

Pinnbrook Capital Management LP purchased a new stake of 18,927 shares in Applied Industrial Technologies, Inc. (NYSE:AIT) during the 3rd quarter, according to a recent SEC filing. The purchase was valued at approximately $4.9 million, making Pinnbrook Capital an owner of about 0.05% of the industrial products company's stock.

Why it matters

This purchase by Pinnbrook Capital Management, a hedge fund, indicates institutional investor confidence in Applied Industrial Technologies, a leading distributor of industrial products and services. The transaction suggests the fund sees growth potential in the company's business and stock performance.

The details

According to the filing, Pinnbrook Capital Management purchased the 18,927 shares of Applied Industrial Technologies during the third quarter of the company's fiscal year. The purchase was valued at around $4.9 million, based on the stock's trading price at the time.

  • Pinnbrook Capital Management purchased the shares in the 3rd quarter of Applied Industrial Technologies' fiscal year.

The players

Pinnbrook Capital Management LP

A hedge fund that purchased a new stake of 18,927 shares in Applied Industrial Technologies, Inc.

Applied Industrial Technologies, Inc.

A leading distributor of industrial products and services, listed on the New York Stock Exchange under the ticker symbol AIT.

Got photos? Submit your photos here. ›

The takeaway

This transaction demonstrates institutional investor confidence in Applied Industrial Technologies' growth prospects, as a hedge fund has taken a new position representing 0.05% ownership in the company.