Applied Industrial Technologies, Inc.
A distributor of industrial parts and technical services, Applied Industrial Technologies supplies bearings, fluid power, flow control, and automation products that keep factory equipment running. Founded in 1923 in Cleveland as the Ohio Ball Bearing Company by Joseph M. Bruening, it began with one location and three associates selling only bearings, then renamed itself Bearings, Inc. in 1953 and took its current name in 1997 as its catalog grew far beyond bearings.
Estimated from filings — the split-adjusted price range over the quarters each manager built the position. A range, not a fill price; 13F reports a quarter-end snapshot, not a trade date.