Here's Why Investors Should Retain Applied Industrial Stock in Portfolio

Key Takeaways Engineered Solutions sales grew 1.8% in Q4 FY25 on strong automation and semiconductor market demand.Acquisitions of IRIS and Hydradyne added 6.5% to sales, expanding AIT's automation and fluid power reach.Service Center revenues fell 1.5%, while rising costs lifted SG&A to 19.4% of total fiscal 2025 revenues.Applied Industrial Technologies, Inc. (AIT) is poised for growth on the back of strength across its served markets of technology, food & beverage, pulp & paper and oil & gas. Solid demand ...