GSA Capital Partners LLP Acquires New Shares in Global Industrial Company $GIC

Posted by George Bondi on Aug 19th, 2026

GSA Capital Partners LLP acquired a new position in shares of Global Industrial Company (NYSE:GIC – Free Report) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 26,857 shares of the company’s stock, valued at approximately $899,000.

Several other large investors have also added to or reduced their stakes in GIC. New York State Teachers Retirement System purchased a new position in Global Industrial during the 4th quarter valued at about $38,000. Advisors Asset Management Inc. lifted its holdings in shares of Global Industrial by 234.9% in the fourth quarter. Advisors Asset Management Inc. now owns 2,502 shares of the company’s stock worth $73,000 after buying an additional 1,755 shares in the last quarter. State of Wyoming purchased a new stake in shares of Global Industrial in the second quarter worth about $117,000. State of Alaska Department of Revenue lifted its holdings in shares of Global Industrial by 111.4% in the fourth quarter. State of Alaska Department of Revenue now owns 4,562 shares of the company’s stock worth $133,000 after buying an additional 2,404 shares in the last quarter. Finally, Martingale Asset Management L P bought a new position in shares of Global Industrial in the fourth quarter valued at approximately $214,000. Institutional investors own 31.19% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts recently commented on GIC shares. Wall Street Zen raised shares of Global Industrial from a “buy” rating to a “strong-buy” rating in a research note on Saturday, August 8th. Weiss Ratings upgraded shares of Global Industrial from a “hold (c)” rating to a “hold (c+)” rating in a research note on Thursday, July 16th. Two investment analysts have rated the stock with a Hold rating, According to MarketBeat.com, the stock currently has a consensus rating of “Hold”.

Check Out Our Latest Research Report on Global Industrial

Insider Buying and Selling at Global Industrial

In related news, VP Thomas Axmacher sold 1,848 shares of the firm’s stock in a transaction that occurred on Thursday, August 6th. The shares were sold at an average price of $38.60, for a total value of $71,332.80. Following the sale, the vice president directly owned 7,366 shares of the company’s stock, valued at $284,327.60. This trade represents a 20.06% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Company insiders own 64.51% of the company’s stock.

Global Industrial Stock Up 0.9%

Global Industrial stock opened at $38.95 on Wednesday. The stock has a market cap of $1.48 billion, a price-to-earnings ratio of 17.39, a PEG ratio of 1.30 and a beta of 0.75. The business has a 50-day simple moving average of $34.88 and a 200 day simple moving average of $32.70. Global Industrial Company has a 52 week low of $26.40 and a 52 week high of $40.71.

Global Industrial (NYSE:GIC – Get Free Report) last released its quarterly 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 for the quarter, compared to analysts’ expectations of $377.40 million. Global Industrial had a return on equity of 21.49% and a net margin of 6.06%. On average, research analysts anticipate that Global Industrial Company will post 1.87 earnings per share for the current year.

Global Industrial Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, August 24th. Investors of record on Monday, August 17th will be given a $0.28 dividend. This represents a $1.12 annualized dividend and a dividend yield of 2.9%. The ex-dividend date is Monday, August 17th. Global Industrial’s dividend payout ratio is 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.