Sidoti Csr Predicts Weaker Earnings for Global Industrial

Global Industrial (NYSE:GIC) – Equities research analysts at Sidoti Csr decreased their Q1 2025 EPS estimates for Global Industrial in a research report issued on Wednesday, February 26th. Sidoti Csr analyst A. Lebiedzinski now expects that the company will earn $0.20 per share for the quarter, down from their prior estimate of $0.31. The consensus estimate for Global Industrial’s current full-year earnings is $1.59 per share. Sidoti Csr also issued estimates for Global Industrial’s Q2 2025 earnings at $0.46 EPS, Q3 2025 earnings at $0.51 EPS, FY2025 earnings at $1.54 EPS, Q1 2026 earnings at $0.37 EPS and FY2026 earnings at $2.09 EPS.

Global Industrial (NYSE:GIC) last announced 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 net margin of 4.92% and a return on equity of 24.53%. The firm had revenue of $302.30 million during the quarter, compared to the consensus estimate of $306.07 million.

Global Industrial Trading Down 0.5 %

Shares of NYSE:GIC opened at $24.16 on Thursday. Global Industrial has a 1-year low of $23.09 and a 1-year high of $46.97. The stock has a market capitalization of $923.66 million, a P/E ratio of 14.21, a P/E/G ratio of 0.93 and a beta of 0.87. The business has a 50-day moving average price of $24.61 and a two-hundred day moving average price of $28.70.

Global Industrial Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, March 17th. Investors 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 4.30%. 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 payout ratio is 58.82%.

Hedge Funds Weigh In On Global Industrial

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Amiral Gestion bought a new stake in shares of Global Industrial during the 4th quarter valued at $992,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its holdings in Global Industrial by 50.9% in the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 44,446 shares of the company’s stock valued at $1,102,000 after purchasing an additional 14,999 shares during the last quarter. Two Sigma Investments LP lifted its stake in Global Industrial by 24.7% in the fourth quarter. Two Sigma Investments LP now owns 68,842 shares of the company’s stock valued at $1,707,000 after buying an additional 13,630 shares during the period. Nuveen Asset Management LLC lifted its stake in Global Industrial by 4.8% in the fourth quarter. Nuveen Asset Management LLC now owns 57,688 shares of the company’s stock valued at $1,430,000 after buying an additional 2,645 shares during the period. Finally, Numerai GP LLC bought a new position in Global Industrial during the fourth quarter worth about $1,506,000. 31.19% of the stock is owned by 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.