SCHEDULE: BlackRock Amends Stake in Applied Industrial Technologies to 8.6%

BlackRock, Inc. has filed an amendment to its Schedule 13G, disclosing a beneficial ownership of 8.6% of Applied Industrial Technologies Inc.'s common stock as of June 30, 2025.

Summary

• BlackRock, Inc. reported beneficial ownership of 3,275,991 shares of Applied Industrial Technologies Inc. common stock.
• This ownership represents 8.6% of the total outstanding common stock.
• BlackRock, Inc. holds sole voting power over 3,164,590 shares and sole dispositive power over 3,275,991 shares.
• No shared voting or dispositive power was reported.
• The filing is an Amendment No. 6 to the Schedule 13G, indicating an update to a previously filed statement.
• The shares were acquired and are held in the ordinary course of business, without the purpose or effect of changing or influencing control of the issuer.
• BlackRock Fund Advisors, a subsidiary of BlackRock, Inc., is specifically noted as beneficially owning 5% or greater of the outstanding shares.

Sentiment

Score: 5

Explanation: Neutral. This is a routine regulatory filing disclosing beneficial ownership, providing factual data without expressing positive or negative sentiment about the issuer's performance or outlook.

Positives

• Increased transparency regarding significant institutional ownership in Applied Industrial Technologies Inc.
• BlackRock's continued significant stake (8.6%) indicates a long-term passive investment interest in the company.

Negatives

• NA

Risks

• The reporting person certifies that the securities were not acquired or held for the purpose of or with the effect of changing or influencing the control of the issuer.

Future Outlook

NA

Management Comments

• "The securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11."

Industry Context

NA

Stakeholder Impact

• Shareholders: Provides transparency on a significant institutional holder's stake, potentially offering a degree of stability or confidence due to a large, passive investor.
• Management: Awareness of a major passive shareholder, but no direct impact on operations or strategy is implied.

Key Dates

Keywords

Applied Industrial Technologies, BlackRock, Schedule 13G, beneficial ownership, common stock, institutional investor, passive investment