EXHIBIT 99.1 Applied Industrial Technologies Reports Fiscal 2025 Second Quarter Results CLEVELAND, OHIO (January 29, 2025) – Applied Industrial Technologies (NYSE: AIT), a leading value- added distributor and technical solutions provider of industrial motion, fluid power, flow control, automation technologies, and related maintenance supplies, today reported results for its fiscal 2025 second quarter ended December 31, 2024. Net sales for the quarter of $1.1 billion decreased 0.4% over the prior year. The c ...

Applied Industrial Technologies (AIT) came out with quarterly earnings of $2.39 per share, beating the Zacks Consensus Estimate of $2.22 per share. This compares to earnings of $2.24 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 7.66%. A quarter ago, it was expected that this industrial products company would post earnings of $2.24 per share when it actually produced earnings of $2.36, delivering a surprise of 5.36%.Over the ...

Applied Industrial Technologies (AIT) is expected to deliver a year-over-year decline in earnings on higher revenues when it reports results for the quarter ended December 2024. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.The earnings report, which is expected to be released on January 29, 2025, might help the stock move higher if these key numb ...

Momentum investing is all about the idea of following a stock's recent trend, which can be in either direction. In the 'long' context, investors will essentially be "buying high, but hoping to sell even higher." And for investors following this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving in that direction. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.Whil ...

Applied Industrial Technologies, Inc. (AIT) is well-poised to benefit from strength across its business, acquisitions, focus on improving the product line and operational excellence. The company remains focused on investing in growth opportunities and solidifying its long-term market position.AIT has a market capitalization of $9.4 billion and currently carries a Zacks Rank #2 (Buy). Let’s delve into the factors that have been aiding the firm for a while now.Business Strength: Applied Industrial is poised f ...

The Zacks Manufacturing – General Industrial industry has been grappling with persistent weakness in the manufacturing sector and supply-chain disruptions. Also, rising input costs and a tough labor market create concerns for the industry.However, industry participants’ focus on cost-control measures and investments in product development have been allowing them to stay competitive in the market. Dover Corporation (DOV) , Applied Industrial Technologies, Inc. (AIT) , Generac Holdings Inc. (GNRC) and DXP Ent ...

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Applied Industrial Technologies, Inc. (AIT) recently completed the acquisition of Hydradyne, LLC. The financial terms of the transaction have been kept under wraps.Based in Dallas, TX, Hydradyne provides various products and services, including system design, fabrication, assembly, installation, repair and support for critical stationary and mobile equipment in various industrial and commercial sectors. It employs approximately 500 personnel across 33 locations in the Southeastern United States.Acquisition ...

The Zacks Industrial Products sector faced significant headwinds in 2024, owing to persistent softness in the manufacturing sector, supply-chain disruptions and inflationary pressure. The rising cost of raw materials and shortages of semiconductor, electrical and electronic components heavily affected industrial goods production. The persistence of high inflation in the United States further intensified the problem by increasing operational expenses and reducing profit margins.Per the latest report publishe ...

It has been a remarkable year for stock market investors. The S&P 500 Index has soared almost 27% this year amid a resilient macroeconomic environment and robust corporate earnings. Hence, it might become difficult for retail investors to choose stocks independently and generate solid returns in 2025.To do this, one needs to understand the company fundamentals and try to place them against the current economic background to figure out how the stock may fare as an investment. One way to cut short this task i ...