Q1 EPS Estimate for Global Industrial Decreased by Analyst

Global Industrial (NYSE:GIC) – Equities research analysts at William Blair reduced their Q1 2025 earnings estimates for shares of Global Industrial in a research report issued on Thursday, February 27th. William Blair analyst R. Merkel now anticipates that the company will post earnings of $0.20 per share for the quarter, down from their previous forecast of $0.25. The consensus estimate for Global Industrial’s current full-year earnings is $1.59 per share. William Blair also issued estimates for Global Industrial’s Q2 2025 earnings at $0.47 EPS, Q3 2025 earnings at $0.48 EPS, FY2025 earnings at $1.51 EPS and FY2026 earnings at $1.77 EPS.

Global Industrial Stock Performance

NYSE:GIC opened at $23.29 on Friday. The company has a market capitalization of $890.25 million, a P/E ratio of 13.70, a P/E/G ratio of 0.93 and a beta of 0.87. The stock’s 50 day moving average price is $24.57 and its 200 day moving average price is $28.67. Global Industrial has a 52 week low of $23.09 and a 52 week high of $46.97.

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

Institutional Investors Weigh In On Global Industrial

Several institutional investors and hedge funds have recently modified their holdings of GIC. Tower Research Capital LLC TRC increased its position in Global Industrial by 340.7% during the fourth quarter. Tower Research Capital LLC TRC now owns 1,560 shares of the company’s stock worth $39,000 after buying an additional 1,206 shares during the last quarter. New Age Alpha Advisors LLC bought a new stake in shares of Global Industrial during the 4th quarter worth about $50,000. Quantbot Technologies LP increased its holdings in shares of Global Industrial by 150.3% during the 4th 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 raised its stake 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 in the last quarter. Finally, MetLife Investment Management LLC raised its stake in shares of Global Industrial by 13.6% in the 4th quarter. MetLife Investment Management LLC now owns 8,215 shares of the company’s stock valued at $204,000 after acquiring an additional 982 shares in the last quarter. Institutional investors and hedge funds own 31.19% of the company’s stock.

Global Industrial Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, March 17th. Stockholders of record on Monday, March 10th will be paid a dividend of $0.26 per share. This is a positive change from Global Industrial’s previous quarterly dividend of $0.25. The ex-dividend date is Monday, March 10th. This represents a $1.04 annualized dividend and a dividend yield of 4.47%. Global Industrial’s dividend payout ratio is 58.82%.

About Global Industrial

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.