Global Industrial (NYSE:GIC) Downgraded by Wall Street Zen to Buy

Posted by Brenda Bartman on Oct 26th, 2026

Wall Street Zen downgraded shares of Global Industrial (NYSE:GIC – Free Report) from a strong-buy rating to a buy rating in a research report report published on Sunday,Wall Street Zen reports.

Other analysts have also issued reports about the company. Weiss Ratings lowered Global Industrial from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Friday, September 25th. Freedom Broker initiated coverage on Global Industrial in a report on Wednesday, October 14th. They issued a “hold” rating and a $39.00 price target on the stock. Three equities research analysts have rated the stock with a Hold rating. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $39.00.

Check Out Our Latest Analysis on Global Industrial

Global Industrial Trading Down 0.1%

NYSE:GIC opened at $44.41 on Friday. Global Industrial has a 12 month low of $26.40 and a 12 month high of $45.19. The stock has a market capitalization of $1.69 billion, a price-to-earnings ratio of 19.83, a PEG ratio of 1.49 and a beta of 0.77. The firm has a fifty day simple moving average of $41.25 and a two-hundred day simple moving average of $35.95.

Global Industrial (NYSE:GIC – Get Free Report) last announced its quarterly earnings data 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 analyst estimates of $377.40 million. Global Industrial had a net margin of 6.06% and a return on equity of 21.49%. Equities analysts predict that Global Industrial will post 1.87 earnings per share for the current fiscal year.

Global Industrial Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, August 24th. Shareholders of record on Monday, August 17th were issued a dividend of $0.28 per share. This represents a $1.12 dividend on an annualized basis and a yield of 2.5%. The ex-dividend date of this dividend was Monday, August 17th. Global Industrial’s payout ratio is currently 50.00%.

Insider Buying and Selling at Global Industrial

In other news, VP Thomas Axmacher sold 952 shares of the stock in a transaction dated Thursday, August 13th. The shares were sold at an average price of $39.10, for a total value of $37,223.20. Following the completion of the sale, the vice president owned 6,414 shares in the company, valued at $250,787.40. This represents a 12.92% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, SVP Claudia Hughes sold 4,753 shares of the firm’s stock in a transaction dated Friday, August 28th. The shares were sold at an average price of $39.78, for a total transaction of $189,074.34. Following the transaction, the senior vice president directly owned 32,167 shares in the company, valued at $1,279,603.26. The trade was a 12.87% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders sold 9,287 shares of company stock valued at $363,904. Company insiders own 64.51% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Signaturefd LLC boosted its stake in shares of Global Industrial by 143.3% in the 3rd quarter. Signaturefd LLC now owns 1,428 shares of the company’s stock worth $60,000 after buying an additional 841 shares during the last quarter. Nisa Investment Advisors LLC grew its holdings in shares of Global Industrial by 166.4% in the third quarter. Nisa Investment Advisors LLC now owns 6,639 shares of the company’s stock valued at $278,000 after acquiring an additional 4,147 shares in the last quarter. Tidal Investments LLC purchased a new stake in shares of Global Industrial during the second quarter valued at approximately $604,000. Corient Private Wealth LP purchased a new stake in shares of Global Industrial during the second quarter valued at approximately $260,000. Finally, Odyssean LLC purchased a new stake in shares of Global Industrial during the second quarter valued at approximately $217,000. 31.19% of the stock is currently owned by hedge funds and other institutional investors.

About Global Industrial

(Get Free Report)

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.