Global Industrial (NYSE:GIC) Shares Gap Up on Better-Than-Expected Earnings

Shares of Global Industrial Company (NYSE:GIC) gapped up before the market opened on Wednesday following a better than expected earnings announcement. The stock had previously closed at $30.93, but opened at $33.15. Global Industrial shares last traded at $32.8550, with a volume of 24,471 shares traded.

The company reported $0.38 EPS for the quarter, beating analysts’ consensus estimates of $0.35 by $0.03. Global Industrial had a return on equity of 23.76% and a net margin of 5.23%.The company had revenue of $345.60 million during the quarter, compared to the consensus estimate of $324.86 million.

Global Industrial Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, March 16th. Shareholders of record on Monday, March 9th will be issued a $0.28 dividend. This is a boost from Global Industrial’s previous quarterly dividend of $0.26. The ex-dividend date is Monday, March 9th. This represents a $1.12 annualized dividend and a yield of 3.4%. Global Industrial’s dividend payout ratio (DPR) is currently 59.43%.

Global Industrial News Roundup

Here are the key news stories impacting Global Industrial this week:

• Positive Sentiment: Sidoti raised multiple quarterly and full‑year EPS forecasts for GIC (Q1–Q4 2026/2027 and FY2026/FY2027), with FY2027 raised to $2.33 from $2.22 — signaling analyst confidence in sustained margin/revenue strength. This should support upside to estimates and valuation. Sidoti estimate lifts
• Positive Sentiment: GIC reported Q4 results that beat expectations (EPS $0.38 vs. consensus $0.35) and showed revenue above estimates, confirming near‑term operational momentum and providing a catalyst for multiple expansions. Zacks Q4 beat
• Positive Sentiment: GIC raised its quarterly dividend to $0.28 (annualized yield ~3.4%), a ~7.7% increase versus the prior dividend — supporting income investor interest and signaling confidence in cash flow. (Record/ex‑dividend dates announced.)
• Neutral Sentiment: Management outlined a strategic realignment focused on customer‑centric growth for 2026. The plan could drive higher revenue per customer over time, but execution risk and timeline make this a medium‑term positive. Seeking Alpha strategic realignment
• Neutral Sentiment: Q4 earnings call transcript and highlights provide management color on margin drivers, channel performance and inventory trends — useful for investors modeling next quarters but not a near‑term surprise beyond the published beat. Earnings transcript Yahoo highlights

Analysts Set New Price Targets

A number of research firms recently issued reports on GIC. Wall Street Zen raised shares of Global Industrial from a “buy” rating to a “strong-buy” rating in a research note on Saturday, January 31st. Zacks Research raised Global Industrial from a “strong sell” rating to a “hold” rating in a research report on Monday, December 29th. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Global Industrial in a research note on Thursday, January 22nd. Two investment analysts have rated the stock with a Hold rating, Based on data from MarketBeat.com, the stock has a consensus rating of “Hold”.

Institutional Trading of Global Industrial

Several institutional investors have recently added to or reduced their stakes in the business. New York State Teachers Retirement System bought a new stake in shares of Global Industrial in the 4th quarter worth $38,000. State of Alaska Department of Revenue purchased a new stake in shares of Global Industrial during the third quarter valued at $79,000. Advisors Asset Management Inc. increased its holdings in Global Industrial by 234.9% in the 4th quarter. Advisors Asset Management Inc. now owns 2,502 shares of the company’s stock worth $73,000 after buying an additional 1,755 shares in the last quarter. State of Wyoming bought a new position in Global Industrial during the 2nd quarter valued at about $117,000. Finally, CWM LLC lifted its stake in Global Industrial by 185.2% during the 2nd quarter. CWM LLC now owns 4,603 shares of the company’s stock valued at $124,000 after acquiring an additional 2,989 shares during the period. 31.19% of the stock is currently owned by hedge funds and other institutional investors.

Global Industrial Stock Performance

The business’s fifty day moving average price is $31.09 and its 200-day moving average price is $32.30. The stock has a market cap of $1.28 billion, a PE ratio of 17.89, a P/E/G ratio of 1.04 and a beta of 0.90.

Global Industrial Company Profile

Global Industrial Company (NYSE: GIC) is a leading business-to-business distributor of industrial products and equipment. Headquartered in Port Washington, New York, the company provides a comprehensive range of products to support manufacturing, warehousing, and facility maintenance operations across North America. Through a digital-first platform, Global Industrial combines e-commerce, direct sales and catalog-based ordering channels to serve a diverse commercial customer base.

The company’s product portfolio encompasses material handling solutions (including conveyors, pallet racks and hoists), storage and shelving systems, janitorial and sanitation supplies, packaging and shipping materials, and office furniture.