Global Industrial (NYSE:GIC) Announces Quarterly Earnings Results

Global Industrial (NYSE:GIC) announced its quarterly earnings results on Tuesday. The company reported $0.38 EPS for the quarter, beating the consensus estimate of $0.35 by $0.03, Zacks reports. The company had revenue of $345.60 million for the quarter, compared to analyst estimates of $324.86 million. Global Industrial had a net margin of 5.23% and a return on equity of 23.76%.

Here are the key takeaways from Global Industrial’s conference call:

• Company reported a strong quarter and year—Q4 revenue $345.6M (+14.3% YoY), FY revenue $1.38B (+4.8%), average daily sales up ~7.4% in Q4, and gross margin of 34.5% (+70 bps) with operating income up 35%.
• Management is executing a go‑to‑market transformation—rolled out Salesforce, reorganized sales into industry verticals, piloted outside sales, and is expanding merchandising into MRO/consumables and national brands to win share of wallet with enterprise/GPO accounts.
• Tariff and pricing uncertainty remains a risk—recent tariff changes (including higher steel/aluminum duties) and evolving headlines could pressure costs and margins despite the company’s country‑of‑origin diversification and a January pricing action.
• Board returned capital and balance sheet looks healthy—quarterly dividend raised to $0.28, ~326K shares repurchased in Q4 (~$9.3M), $67.5M cash, no debt and ~$120M available on the credit facility.
• SG&A and cash flow profile—SG&A improved as a percent of sales but rose in absolute terms due to an extra week and higher variable compensation; operating cash flow was $77.7M for 2025 and 2026 capex is guided to ~$3–4M.

Global Industrial Price Performance

Shares of GIC traded down $0.44 during midday trading on Thursday, reaching $32.79. The stock had a trading volume of 32,471 shares, compared to its average volume of 89,108. The company has a market capitalization of $1.26 billion, a P/E ratio of 17.63, a P/E/G ratio of 0.98 and a beta of 0.90. The firm’s 50 day moving average price is $31.01 and its 200-day moving average price is $32.29. Global Industrial has a 52 week low of $20.79 and a 52 week high of $38.79.

Global Industrial Increases Dividend

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

Institutional Investors Weigh In On Global Industrial

A number of institutional investors and hedge funds have recently bought and sold shares of the business. AQR Capital Management LLC boosted its position in shares of Global Industrial by 37.4% during the 1st quarter. AQR Capital Management LLC now owns 61,993 shares of the company’s stock valued at $1,389,000 after purchasing an additional 16,880 shares in the last quarter. Goldman Sachs Group Inc. lifted its stake in Global Industrial by 66.3% during the first quarter. Goldman Sachs Group Inc. now owns 143,162 shares of the company’s stock valued at $3,207,000 after purchasing an additional 57,056 shares during the last quarter. Jane Street Group LLC lifted its stake in Global Industrial by 16.4% during the first quarter. Jane Street Group LLC now owns 17,806 shares of the company’s stock valued at $399,000 after purchasing an additional 2,512 shares during the last quarter. Franklin Resources Inc. bought a new stake in Global Industrial during the second quarter worth approximately $231,000. Finally, American Century Companies Inc. grew its position in Global Industrial by 7.8% in the second quarter. American Century Companies Inc. now owns 38,952 shares of the company’s stock worth $1,052,000 after buying an additional 2,804 shares during the last quarter. 31.19% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of equities analysts recently issued reports on the company. Wall Street Zen raised Global Industrial from a “buy” rating to a “strong-buy” rating in a report on Saturday, January 31st. Zacks Research raised Global Industrial from a “strong sell” rating to a “hold” rating in a research note 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, the company has an average rating of “Hold”.

Global Industrial News Roundup

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

• Positive Sentiment: Q4 results beat expectations: GIC reported $0.38 EPS on $345.6M revenue (revenue +14.3% YoY), with improved gross margin and operating income versus prior year — evidence of margin expansion and solid cash generation. This quarter’s beat is the primary near-term fundamental catalyst. Read More.
• Positive Sentiment: Analyst upgrades: Sidoti raised multiple quarterly and annual EPS forecasts (Q1–Q4 2026/2027 and FY2026/FY2027), moving FY2027 to $2.33 from $2.22 and lifting near-term quarter estimates — signaling increased analyst confidence in continued revenue and margin momentum. Read More.
• Positive Sentiment: Dividend increase: GIC raised the quarterly dividend to $0.28 (7.7% hike), maintaining a ~3.4% yield — a shareholder-friendly move that typically supports the share price and signals management confidence in cash flow. Read More.
• Neutral Sentiment: Strategic realignment announcement: Management outlined a customer-centric realignment and growth targets for 2026; this provides strategic direction but will be judged by execution and timing. Investors may view this as constructive but longer‑dated. Read More.
• Neutral Sentiment: Mixed institutional flows: Recent 13F moves show some large funds adding shares while others trimmed positions — indicates rotation rather than one-sided buying, so impact on trend depends on follow‑through. Read More.
• Negative Sentiment: Insider selling: A recent sale by a company officer (reported in filings) can be read negatively by some investors, although the size appears limited relative to market cap. Read More.

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.