Global Industrial FY2026 Earnings Forecast Raised by Sidoti

by · The Markets Daily

Global Industrial Company (NYSE:GIC – Free Report) – Research analysts at Sidoti increased their FY2026 EPS estimates for shares of Global Industrial in a research note issued on Wednesday, November 4th. Sidoti analyst A. Lebiedzinski now anticipates that the company will earn $1.91 per share for the year, up from their previous estimate of $1.88. The consensus estimate for Global Industrial’s current full-year earnings is $1.87 per share. Sidoti also issued estimates for Global Industrial’s FY2028 earnings at $2.55 EPS.

Global Industrial (NYSE:GIC – Get Free Report) last posted its earnings results on Tuesday, August 4th. The company reported $0.54 earnings per share for the quarter, meeting the consensus estimate of $0.54. The firm had revenue of $386.60 million during the quarter, compared to the consensus estimate of $377.40 million. Global Industrial had a net margin of 6.31% and a return on equity of 22.06%.

GIC has been the subject of a number of other reports. Weiss Ratings cut Global Industrial from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Friday, September 25th. Wall Street Zen upgraded Global Industrial from a “buy” rating to a “strong-buy” rating in a report on Monday. Finally, Freedom Broker began coverage on Global Industrial in a research note on Wednesday, October 14th. They set a “hold” rating and a $39.00 target price on the stock. Three investment analysts have rated the stock with a Hold rating. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $39.00.

Read Our Latest Stock Analysis on GIC

Global Industrial Stock Down 0.9%

NYSE:GIC opened at $47.13 on Friday. The stock’s fifty day moving average is $42.27 and its two-hundred day moving average is $35.24. Global Industrial has a 52 week low of $26.40 and a 52 week high of $51.63. The stock has a market capitalization of $1.80 billion, a price-to-earnings ratio of 19.64, a price-to-earnings-growth ratio of 1.59 and a beta of 0.75.

Global Industrial Dividend Announcement

The business also recently disclosed a special dividend, which will be paid on Monday, November 23rd. Shareholders of record on Monday, November 16th will be issued a dividend of $1.00 per share. The ex-dividend date of this dividend is Monday, November 16th. Global Industrial’s dividend payout ratio (DPR) is presently 46.67%.

Insider Buying and Selling

In other news, SVP Claudia Hughes sold 4,753 shares of the company’s stock in a transaction on Friday, August 28th. The shares were sold at an average price of $39.78, for a total value of $189,074.34. Following the completion of the transaction, the senior vice president owned 32,167 shares in the company, valued at approximately $1,279,603.26. This represents a 12.87% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, VP Thomas Axmacher sold 952 shares of the stock in a transaction on Thursday, August 13th. The shares were sold at an average price of $39.10, for a total transaction of $37,223.20. Following the completion of the transaction, the vice president directly owned 6,414 shares in the company, valued at $250,787.40. This trade represents a 12.92% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last three months, insiders have sold 7,439 shares of company stock worth $292,571. 64.51% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Global Industrial

Several large investors have recently bought and sold shares of GIC. Bank of America Corp DE purchased a new position in shares of Global Industrial during the second quarter worth about $3,367,000. Bank of New York Mellon Corp purchased a new stake in shares of Global Industrial during the second quarter worth approximately $10,510,000. Walleye Capital LLC purchased a new position in Global Industrial during the 2nd quarter worth $1,923,000. BlackRock Inc. purchased a new position in Global Industrial during the second quarter worth about $53,365,000. Finally, J. Goldman & Co LP purchased a new position in shares of Global Industrial during the 2nd quarter worth approximately $2,057,000. 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: Q3 coverage highlighted an EPS beat and sales above estimates, with the earnings-call discussion pointing to growth supported by vertical-market focus and digital gains. These results may reinforce confidence in the company’s operating momentum. Global Industrial Q3 2026: Big EPS Beat and a Surprise $1 Dividend
  • Positive Sentiment: The company declared a one-time $1-per-share special dividend, payable November 23 to shareholders of record November 16. The sizable cash return may support investor interest, although it is not recurring income. Global Industrial Company Announces Quarterly Cash Dividend
  • Neutral Sentiment: CFO Tex Clark is scheduled to attend two investor conferences on November 17 and 19. The events could offer investors more insight, but the announcement itself does not include new financial guidance. Global Industrial Company to Participate in Upcoming Investor Conferences
  • Negative Sentiment: Sidoti lowered several forecasts, including FY2027 EPS to $2.30 from $2.35 and Q4 2026 EPS to $0.38 from $0.42. It also reduced Q2 and Q4 2027 estimates, though it slightly raised its Q3 2027 forecast. The revisions suggest some caution about near-term earnings growth.
  • Negative Sentiment: Management expects Q4 gross margin to be around last year’s 34.5%, with transportation costs identified as a headwind—potentially limiting margin expansion. Global Industrial anticipates Q4 gross margin in line with last year

About Global Industrial

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Global Industrial Company (NYSE:GIC) is a distributor of industrial, commercial and business products serving organizations across North America. The company sells products through its e-commerce platforms, catalogs and sales representatives, serving businesses, government agencies, educational institutions and other commercial customers.

Its product offerings include material-handling and storage equipment, shelving, cabinets, workbenches, safety supplies, janitorial and sanitation products, packaging materials, tools, lighting, HVAC equipment, office furniture and other facility-maintenance products.

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