Sidoti Csr Expects Reduced Earnings for Global Industrial

Global Industrial (NYSE:GIC) – Equities researchers at Sidoti Csr lowered their Q2 2026 earnings estimates for Global Industrial in a research note issued to investors on Wednesday, February 26th. Sidoti Csr analyst A. Lebiedzinski now anticipates that the company will earn $0.60 per share for the quarter, down from their previous forecast of $0.63. The consensus estimate for Global Industrial’s current full-year earnings is $1.59 per share.

Global Industrial (NYSE:GIC) last posted its quarterly earnings results on Tuesday, February 25th. The company reported $0.27 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.30 by ($0.03). Global Industrial had a return on equity of 24.53% and a net margin of 4.92%. The company had revenue of $302.30 million during the quarter, compared to the consensus estimate of $306.07 million.

Global Industrial Stock Down 3.7 %

Shares of NYSE GIC opened at $23.29 on Friday. Global Industrial has a twelve month low of $23.09 and a twelve month high of $46.97. The stock has a market cap of $890.25 million, a price-to-earnings ratio of 13.70, a P/E/G ratio of 0.93 and a beta of 0.87. The company’s fifty day moving average is $24.57 and its 200-day moving average is $28.67.

Global Industrial Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, March 17th. Shareholders of record on Monday, March 10th will be paid a $0.26 dividend. This is an increase from Global Industrial’s previous quarterly dividend of $0.25. The ex-dividend date of this dividend is Monday, March 10th. This represents a $1.04 annualized dividend and a dividend yield of 4.47%. Global Industrial’s dividend payout ratio (DPR) is currently 58.82%.

Institutional Trading of Global Industrial

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Tower Research Capital LLC TRC boosted its holdings in shares of Global Industrial by 340.7% in the 4th quarter. Tower Research Capital LLC TRC now owns 1,560 shares of the company’s stock valued at $39,000 after buying an additional 1,206 shares during the last quarter. New Age Alpha Advisors LLC bought a new stake in Global Industrial during the fourth quarter worth $50,000. Quantbot Technologies LP lifted its stake in Global Industrial by 150.3% in the fourth quarter. Quantbot Technologies LP now owns 3,614 shares of the company’s stock valued at $90,000 after acquiring an additional 2,170 shares during the last quarter. Wells Fargo & Company MN grew its position in shares of Global Industrial by 44.4% in the 4th quarter. Wells Fargo & Company MN now owns 7,058 shares of the company’s stock valued at $175,000 after acquiring an additional 2,170 shares during the period. Finally, MetLife Investment Management LLC increased its stake in shares of Global Industrial by 13.6% during the 4th quarter. MetLife Investment Management LLC now owns 8,215 shares of the company’s stock worth $204,000 after purchasing an additional 982 shares during the last quarter. 31.19% of the stock is currently owned by institutional investors and hedge funds.

Global Industrial Company Profile

Global Industrial Company operates as an industrial distributor of various industrial and maintenance, repair, and operation (MRO) products in North America. It offers storage and shelving, safety and security, carts and trucks, HVAC and fans, furniture and decor, material handling, janitorial and facility maintenance, workbenches and shop desks, tools and instruments, plumbing and pumps, office and school supplies, packaging and shipping, lighting and electrical, foodservice and retail, medical and laboratory, motors and power transmission, building supplies, machining, fasteners and hardware, vehicle maintenance, and raw materials.