William Blair Lifts Earnings Estimates for Global Industrial

Global Industrial (NYSE:GICFree Report) – Analysts at William Blair upped their Q4 2025 earnings estimates for shares of Global Industrial in a research note issued to investors on Thursday, February 27th. William Blair analyst R. Merkel now forecasts that the company will earn $0.36 per share for the quarter, up from their prior estimate of $0.33. The consensus estimate for Global Industrial’s current full-year earnings is $1.59 per share.

Global Industrial (NYSE:GICGet Free Report) last posted its quarterly earnings data on Tuesday, February 25th. The company reported $0.27 EPS for the quarter, missing analysts’ consensus estimates of $0.30 by ($0.03). Global Industrial had a return on equity of 24.53% and a net margin of 4.92%. The business had revenue of $302.30 million for the quarter, compared to analyst estimates of $306.07 million.

Global Industrial Price Performance

Global Industrial stock opened at $23.34 on Monday. The firm has a 50-day moving average of $24.50 and a 200-day moving average of $28.51. Global Industrial has a one year low of $23.09 and a one year high of $46.97. The company has a market cap of $894.18 million, a price-to-earnings ratio of 13.73, a P/E/G ratio of 0.93 and a beta of 0.87.

Global Industrial Increases Dividend

The firm also recently disclosed 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 represents a $1.04 dividend on an annualized basis and a dividend yield of 4.46%. 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. Global Industrial’s dividend payout ratio is currently 66.24%.

Hedge Funds Weigh In On Global Industrial

A number of large investors have recently modified their holdings of GIC. J. Goldman & Co LP boosted its stake in shares of Global Industrial by 559.7% during the 4th quarter. J. Goldman & Co LP now owns 494,650 shares of the company’s stock worth $12,262,000 after buying an additional 419,672 shares during the last quarter. FMR LLC boosted its stake in shares of 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 during the last quarter. Raymond James Financial Inc. bought a new stake in shares of Global Industrial in the 4th quarter valued at about $4,001,000. Bank of New York Mellon Corp raised its holdings in shares of Global Industrial by 65.6% in the 4th quarter. Bank of New York Mellon Corp now owns 319,282 shares of the company’s stock valued at $7,915,000 after purchasing an additional 126,431 shares during the period. Finally, Hotchkis & Wiley Capital Management LLC raised its holdings in shares of Global Industrial by 101.9% in the 3rd quarter. Hotchkis & Wiley Capital Management LLC now owns 177,884 shares of the company’s stock valued at $6,043,000 after purchasing an additional 89,780 shares during the period. 31.19% of the stock is currently owned by institutional investors and hedge funds.

About Global Industrial

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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.

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Earnings History and Estimates for Global Industrial (NYSE:GIC)

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