First Trust Advisors LP Has $1.85 Million Holdings in Global Industrial Company $GIC

Posted by Stanley Muller on Aug 9th, 2026

First Trust Advisors LP boosted its stake in Global Industrial Company (NYSE:GIC – Free Report) by 55.6% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 58,553 shares of the company’s stock after purchasing an additional 20,934 shares during the quarter. First Trust Advisors LP owned about 0.15% of Global Industrial worth $1,846,000 as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. Los Angeles Capital Management LLC grew its position in shares of Global Industrial by 0.5% during the 4th quarter. Los Angeles Capital Management LLC now owns 61,392 shares of the company’s stock worth $1,732,000 after buying an additional 323 shares during the period. Swiss National Bank boosted its stake in Global Industrial by 1.9% during the 4th quarter. Swiss National Bank now owns 37,800 shares of the company’s stock worth $1,105,000 after acquiring an additional 700 shares during the last quarter. Price T Rowe Associates Inc. MD boosted its stake in Global Industrial by 4.5% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 24,146 shares of the company’s stock worth $706,000 after acquiring an additional 1,038 shares during the last quarter. Russell Investments Group Ltd. grew its holdings in Global Industrial by 16.3% during the second quarter. Russell Investments Group Ltd. now owns 7,972 shares of the company’s stock valued at $215,000 after purchasing an additional 1,120 shares during the period. Finally, Bank of America Corp DE grew its holdings in Global Industrial by 2.3% during the second quarter. Bank of America Corp DE now owns 51,366 shares of the company’s stock valued at $1,387,000 after purchasing an additional 1,137 shares during the period. Institutional investors and hedge funds own 31.19% of the company’s stock.

Analyst Ratings Changes

Several research firms have weighed in on GIC. Weiss Ratings upgraded shares of Global Industrial from a “hold (c)” rating to a “hold (c+)” rating in a report on Thursday, July 16th. Wall Street Zen raised shares of Global Industrial from a “buy” rating to a “strong-buy” rating in a report on Saturday. Two research analysts have rated the stock with a Hold rating, Based on data from MarketBeat, the company currently has a consensus rating of “Hold”.

Get Our Latest Stock Analysis on GIC

Global Industrial Stock Performance

NYSE:GIC opened at $39.34 on Friday. The stock has a 50-day simple moving average of $33.70 and a 200 day simple moving average of $32.28. Global Industrial Company has a 52-week low of $26.40 and a 52-week high of $40.26. The company has a market cap of $1.50 billion, a PE ratio of 17.56, a PEG ratio of 1.30 and a beta of 0.75.

Global Industrial (NYSE:GIC – Get Free Report) last released its earnings results on Tuesday, August 4th. The company reported $0.54 EPS for the quarter, meeting the consensus estimate of $0.54. Global Industrial had a return on equity of 21.49% and a net margin of 6.06%.The firm had revenue of $386.60 million for the quarter, compared to analysts’ expectations of $377.40 million. On average, research analysts predict that Global Industrial Company will post 1.88 earnings per share for the current fiscal year.

Global Industrial Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, August 24th. Stockholders of record on Monday, August 17th will be given a $0.28 dividend. This represents a $1.12 dividend on an annualized basis and a dividend yield of 2.8%. The ex-dividend date of this dividend is Monday, August 17th. Global Industrial’s payout ratio is currently 50.00%.

Global Industrial Profile

(Free Report)

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.