7,948 Shares of MSC Industrial Direct Company, Inc. $MSM Purchased by Citizens Financial Group Inc. RI

Posted by Brenda Bartman on Oct 29th, 2026

Citizens Financial Group Inc. RI acquired a new stake in MSC Industrial Direct Company, Inc. (NYSE:MSM – Free Report) during the third quarter, HoldingsChannel reports. The firm acquired 7,948 shares of the industrial products company’s stock, valued at approximately $983,000.

Other hedge funds have also made changes to their positions in the company. Evergreen Capital Management LLC lifted its stake in MSC Industrial Direct by 13.9% during the third quarter. Evergreen Capital Management LLC now owns 7,374 shares of the industrial products company’s stock worth $912,000 after purchasing an additional 898 shares during the last quarter. Fifth Third Wealth Advisors LLC acquired a new position in MSC Industrial Direct in the third quarter valued at approximately $205,000. MBL Wealth LLC purchased a new position in MSC Industrial Direct in the third quarter valued at approximately $552,000. Root Financial Partners LLC purchased a new position in MSC Industrial Direct in the third quarter valued at approximately $75,000. Finally, Sawyer & Company Inc purchased a new position in MSC Industrial Direct in the third quarter valued at approximately $83,000. Hedge funds and other institutional investors own 79.26% of the company’s stock.

MSC Industrial Direct Trading Up 3.5%

NYSE:MSM opened at $122.52 on Thursday. The company has a market capitalization of $6.84 billion, a PE ratio of 30.78 and a beta of 0.82. MSC Industrial Direct Company, Inc. has a 52-week low of $78.80 and a 52-week high of $133.95. The stock’s 50 day moving average price is $123.05 and its 200 day moving average price is $108.85. The company has a quick ratio of 0.85, a current ratio of 1.78 and a debt-to-equity ratio of 0.11.

MSC Industrial Direct (NYSE:MSM – Get Free Report) last issued its quarterly earnings data on Thursday, October 22nd. The industrial products company reported $1.45 earnings per share for the quarter, beating analysts’ consensus estimates of $1.41 by $0.04. MSC Industrial Direct had a return on equity of 18.72% and a net margin of 5.55%. The company had revenue of $1.08 billion during the quarter, compared to analysts’ expectations of $1.07 billion. During the same quarter in the previous year, the business earned $1.09 earnings per share. The firm’s revenue for the quarter was up 10.3% on a year-over-year basis. On average, research analysts anticipate that MSC Industrial Direct Company, Inc. will post 5.51 EPS for the current year.

MSC Industrial Direct Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, November 25th. Stockholders of record on Wednesday, November 11th will be issued a $0.89 dividend. This represents a $3.56 dividend on an annualized basis and a dividend yield of 2.9%. The ex-dividend date of this dividend is Tuesday, November 10th. This is a positive change from MSC Industrial Direct’s previous quarterly dividend of $0.87. MSC Industrial Direct’s dividend payout ratio is presently 87.44%.

Analyst Ratings Changes

MSM has been the topic of a number of research analyst reports. Wall Street Zen raised shares of MSC Industrial Direct from a “hold” rating to a “buy” rating in a report on Saturday, July 4th. Rothschild & Co Redburn initiated coverage on shares of MSC Industrial Direct in a report on Monday, July 13th. They issued a “buy” rating and a $155.00 target price for the company. KeyCorp dropped their target price on shares of MSC Industrial Direct from $145.00 to $140.00 and set an “overweight” rating on the stock in a research report on Friday, October 23rd. Jefferies Financial Group raised shares of MSC Industrial Direct from a “hold” rating to a “buy” rating and increased their target price for the company from $130.00 to $135.00 in a research report on Friday, October 23rd. Finally, Zacks Research upgraded shares of MSC Industrial Direct from a “hold” rating to a “strong-buy” rating in a research note on Friday, October 23rd. One research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $133.22.

Get Our Latest Stock Analysis on MSC Industrial Direct

Insiders Place Their Bets

In other MSC Industrial Direct news, Director Mitchell Jacobson bought 250,000 shares of the business’s stock in a transaction dated Friday, October 23rd. The shares were acquired at an average cost of $115.94 per share, with a total value of $28,985,000.00. Following the acquisition, the director directly owned 2,578,192 shares of the company’s stock, valued at $298,915,580.48. The trade was a 10.74% increase in their position. The purchase was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Reuben E. Slone purchased 433 shares of MSC Industrial Direct stock in a transaction that occurred on Friday, October 23rd. The stock was acquired at an average price of $115.77 per share, with a total value of $50,128.41. Following the transaction, the director owned 433 shares in the company, valued at $50,128.41. The trade was a ∞ increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Insiders own 19.00% of the company’s stock.

MSC Industrial Direct Company Profile

(Free Report)

MSC Industrial Direct Co, Inc is a distributor of metalworking and maintenance, repair and operations (MRO) supplies. The company serves industrial and institutional customers with products used in machining, manufacturing, facility maintenance and workplace safety.

Its offerings include cutting tools, abrasives, tooling and workholding equipment, machinery, safety products, material-handling supplies, janitorial and facility-maintenance products, and other industrial consumables. MSC also provides technical support, inventory-management programs, vending and other supply-chain services designed to help customers manage procurement and production-related needs.

Founded in 1941, MSC serves customers primarily across the United States and Canada through sales representatives, customer service teams, catalogs, distribution operations and digital commerce platforms.