Q2 EPS Estimates for Global Industrial Cut by William Blair

Global Industrial (NYSE:GIC) – Equities research analysts at William Blair lowered their Q2 2025 earnings per share estimates for shares of Global Industrial in a report released on Thursday, January 2nd. William Blair analyst R. Merkel now forecasts that the company will earn $0.51 per share for the quarter, down from their previous estimate of $0.58. The consensus estimate for Global Industrial’s current full-year earnings is $1.62 per share. William Blair also issued estimates for Global Industrial’s FY2025 earnings at $1.61 EPS.

Global Industrial (NYSE:GIC) last released its quarterly earnings results on Tuesday, October 29th. The company reported $0.44 EPS for the quarter, missing the consensus estimate of $0.58 by ($0.14). The firm had revenue of $342.40 million for the quarter, compared to analyst estimates of $353.44 million. Global Industrial had a net margin of 4.92% and a return on equity of 24.53%. During the same quarter in the prior year, the business posted $0.54 EPS.

Global Industrial Stock Up 1.4 %

NYSE:GIC opened at $24.33 on Monday. Global Industrial has a 52 week low of $23.93 and a 52 week high of $46.97. The stock’s 50-day moving average price is $26.85 and its 200-day moving average price is $30.76. The stock has a market capitalization of $930.16 million, a PE ratio of 14.31, a price-to-earnings-growth ratio of 1.04 and a beta of 0.88.

Global Industrial Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, November 18th. Shareholders of record on Monday, November 11th were issued a $0.25 dividend. This represents a $1.00 annualized dividend and a yield of 4.11%. The ex-dividend date of this dividend was Friday, November 8th. Global Industrial’s payout ratio is currently 58.82%.

Insider Activity

In other news, Vice Chairman Bruce Leeds sold 5,840 shares of Global Industrial stock in a transaction dated Tuesday, November 26th. The shares were sold at an average price of $28.28, for a total value of $165,155.20. Following the sale, the insider now owns 23,675 shares in the company, valued at $669,529. This trade represents a 19.79 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Company insiders own 65.30% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the stock. FMR LLC increased its stake in Global Industrial by 14.7% during the 3rd quarter. FMR LLC now owns 2,534,156 shares of the company’s stock worth $86,085,000 after buying an additional 325,555 shares in the last quarter. Hotchkis & Wiley Capital Management LLC boosted its stake in shares of Global Industrial by 101.9% in the third quarter. Hotchkis & Wiley Capital Management LLC now owns 177,884 shares of the company’s stock worth $6,043,000 after acquiring an additional 89,780 shares during the last quarter. Millennium Management LLC increased its position in shares of Global Industrial by 79.4% during the second quarter. Millennium Management LLC now owns 126,107 shares of the company’s stock worth $3,955,000 after purchasing an additional 55,801 shares in the last quarter. Edgestream Partners L.P. purchased a new stake in shares of Global Industrial during the second quarter worth approximately $1,017,000. Finally, Barclays PLC raised its stake in Global Industrial by 221.5% in the 3rd quarter. Barclays PLC now owns 30,622 shares of the company’s stock valued at $1,041,000 after purchasing an additional 21,097 shares during the last quarter. 31.19% of the stock is owned by hedge funds and other institutional investors.

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.