William Blair Has Bullish Estimate for MSM FY2025 Earnings

MSC Industrial Direct Co., Inc. (NYSE:MSM) – Research analysts at William Blair raised their FY2025 earnings per share (EPS) estimates for MSC Industrial Direct in a report issued on Wednesday, January 8th. William Blair analyst R. Merkel now forecasts that the industrial products company will post earnings of $3.63 per share for the year, up from their prior estimate of $3.55. The consensus estimate for MSC Industrial Direct’s current full-year earnings is $3.63 per share. William Blair also issued estimates for MSC Industrial Direct’s FY2026 earnings at $4.06 EPS.

Other equities analysts also recently issued research reports about the company. JPMorgan Chase & Co. lowered their price target on MSC Industrial Direct from $87.00 to $73.00 and set a “neutral” rating on the stock in a research report on Friday, October 25th. Stephens lowered MSC Industrial Direct from an “overweight” rating to an “equal weight” rating and set a $85.00 target price on the stock. in a research report on Wednesday, December 4th. Finally, Robert W. Baird boosted their price target on shares of MSC Industrial Direct from $84.00 to $91.00 and gave the stock a “neutral” rating in a report on Wednesday, October 16th. Seven analysts have rated the stock with a hold rating, Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $81.00.

MSC Industrial Direct Trading Down 0.6 %

MSM stock opened at $82.04 on Monday. MSC Industrial Direct has a 52-week low of $72.79 and a 52-week high of $104.76. The company has a quick ratio of 0.90, a current ratio of 1.96 and a debt-to-equity ratio of 0.20. The firm has a market cap of $4.59 billion, a P/E ratio of 17.91 and a beta of 0.91. The company’s 50-day simple moving average is $82.11 and its 200-day simple moving average is $81.88.

MSC Industrial Direct (NYSE:MSM) last posted its earnings results on Wednesday, January 8th. The industrial products company reported $0.86 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.73 by $0.13. MSC Industrial Direct had a net margin of 6.77% and a return on equity of 19.35%. The firm had revenue of $928.50 million during the quarter, compared to analysts’ expectations of $904.90 million. During the same period in the previous year, the business posted $1.25 EPS. The business’s revenue was down 2.7% compared to the same quarter last year.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of MSM. Hotchkis & Wiley Capital Management LLC acquired a new stake in MSC Industrial Direct during the third quarter worth about $12,170,000. Renaissance Technologies LLC increased its holdings in shares of MSC Industrial Direct by 1,715.2% during the 2nd quarter. Renaissance Technologies LLC now owns 143,400 shares of the industrial products company’s stock worth $11,373,000 after buying an additional 135,500 shares during the last quarter. Charles Schwab Investment Management Inc. raised its position in shares of MSC Industrial Direct by 7.8% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 1,567,038 shares of the industrial products company’s stock valued at $134,859,000 after buying an additional 113,878 shares during the period. Millennium Management LLC lifted its holdings in MSC Industrial Direct by 458.4% in the second quarter. Millennium Management LLC now owns 119,700 shares of the industrial products company’s stock valued at $9,493,000 after acquiring an additional 98,265 shares during the last quarter. Finally, Pacer Advisors Inc. lifted its holdings in MSC Industrial Direct by 11.1% in the third quarter. Pacer Advisors Inc. now owns 918,235 shares of the industrial products company’s stock valued at $79,023,000 after acquiring an additional 91,369 shares during the last quarter. Hedge funds and other institutional investors own 79.26% of the company’s stock.

Insider Activity at MSC Industrial Direct

In other news, Director Philip Peller sold 900 shares of the business’s stock in a transaction that occurred on Wednesday, November 13th. The stock was sold at an average price of $89.07, for a total transaction of $80,163.00. Following the transaction, the director now directly owns 4,044 shares in the company, valued at $360,199.08. The trade was a 18.20 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CEO Erik Gershwind sold 50,000 shares of the stock in a transaction that occurred on Monday, November 11th. The shares were sold at an average price of $90.36, for a total value of $4,518,000.00. Following the completion of the sale, the chief executive officer now directly owns 1,402,849 shares of the company’s stock, valued at approximately $126,761,435.64. This represents a 3.44 % decrease in their position. The disclosure for this sale can be found here. 18.30% of the stock is owned by corporate insiders.

MSC Industrial Direct Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, January 29th. Investors of record on Wednesday, January 15th will be given a dividend of $0.85 per share. This represents a $3.40 annualized dividend and a dividend yield of 4.14%. The ex-dividend date is Wednesday, January 15th. MSC Industrial Direct’s payout ratio is 81.15%.

About MSC Industrial Direct

MSC Industrial Direct Co, Inc, together with its subsidiaries, distributes metalworking and maintenance, repair, and operations (MRO) products and services in the United States, Canada, Mexico, the United Kingdom, and internationally. The company's MRO products include cutting tools, measuring instruments, tooling components, metalworking products, fasteners, flat stock products, raw materials, abrasives, machinery hand and power tools, safety and janitorial supplies, plumbing supplies, materials handling products, power transmission components, and electrical supplies.