Global Industrial (NYSE:GIC) Lowered to “Buy” Rating by Wall Street Zen

Wall Street Zen cut shares of Global Industrial (NYSE:GIC) from a strong-buy rating to a buy rating in a research report released on Saturday morning.

Separately, Weiss Ratings upgraded shares of Global Industrial from a “hold (c)” rating to a “hold (c+)” rating in a research report on Friday, May 1st. Two research analysts have rated the stock with a Hold rating, According to data from MarketBeat, the company presently has an average rating of “Hold”.

Global Industrial Trading Down 3.5%

GIC opened at $29.17 on Friday. The stock has a market capitalization of $1.12 billion, a PE ratio of 15.12, a PEG ratio of 0.97 and a beta of 0.83. Global Industrial has a 1-year low of $25.61 and a 1-year high of $38.79. The firm has a 50-day moving average price of $32.19 and a two-hundred day moving average price of $30.87.

Global Industrial (NYSE:GIC) last posted its quarterly earnings data on Tuesday, May 5th. The company reported $0.39 earnings per share for the quarter, missing the consensus estimate of $0.41 by ($0.02). The company had revenue of $350.40 million during the quarter, compared to analyst estimates of $344.13 million. Global Industrial had a net margin of 5.33% and a return on equity of 23.69%. On average, research analysts predict that Global Industrial will post 1.89 EPS for the current year.

Global Industrial Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, May 26th. Investors of record on Monday, May 18th will be issued a dividend of $0.28 per share. The ex-dividend date is Monday, May 18th. This represents a $1.12 dividend on an annualized basis and a yield of 3.8%. Global Industrial’s payout ratio is currently 58.03%.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of the company. Dimensional Fund Advisors LP grew its holdings in Global Industrial by 1.0% during the first quarter. Dimensional Fund Advisors LP now owns 893,325 shares of the company’s stock valued at $28,155,000 after purchasing an additional 8,901 shares during the period. Bank of New York Mellon Corp grew its holdings in Global Industrial by 1.9% during the first quarter. Bank of New York Mellon Corp now owns 312,749 shares of the company’s stock valued at $9,858,000 after purchasing an additional 5,842 shares during the period. Hillsdale Investment Management Inc. grew its holdings in Global Industrial by 4.5% during the first quarter. Hillsdale Investment Management Inc. now owns 199,091 shares of the company’s stock valued at $6,275,000 after purchasing an additional 8,600 shares during the period. Empirical Financial Services LLC d.b.a. Empirical Wealth Management grew its holdings in Global Industrial by 35.6% during the first quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 17,930 shares of the company’s stock valued at $565,000 after purchasing an additional 4,703 shares during the period. Finally, Hsbc Holdings PLC grew its holdings in Global Industrial by 21.2% during the first quarter. Hsbc Holdings PLC now owns 76,521 shares of the company’s stock valued at $2,397,000 after purchasing an additional 13,407 shares during the period. Institutional investors and hedge funds own 31.19% of the company’s stock.

Trending Headlines about Global Industrial

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

• Positive Sentiment: Global Industrial’s Q1 sales came in above estimates, suggesting demand held up better than expected despite a choppy operating backdrop. This helped offset some of the concern around earnings. Global Industrial’s (NYSE:GIC) Q1 CY2026 sales beat estimates
• Neutral Sentiment: The company’s Q1 earnings call highlighted growth but also pointed to cost risks, which leaves investors weighing solid top-line performance against margin pressure. Global Industrial Earnings Call Shows Growth Amid Cost Risks
• Neutral Sentiment: Sidoti trimmed several near-term earnings estimates for Global Industrial, but the changes were modest overall, with Q2, Q3, and Q4 forecasts all adjusted lower on concerns about upcoming profitability. Global Industrial analyst estimates
• Neutral Sentiment: Sidoti also lowered its FY2026 EPS estimate to $1.88 from $2.05, while still keeping the company near the $2.00 consensus, reinforcing a cautious but not deeply bearish outlook. Global Industrial analyst estimates
• Negative Sentiment: The stock’s recent decline appears tied to the earnings miss on EPS in the prior report and the market’s reaction to lower forward earnings expectations, which can weigh on valuation near term.

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.