Global Industrial (NYSE:GIC) Stock Rating Upgraded by Wall Street Zen

Posted by on Aug 10th, 2026

Global Industrial (NYSE:GIC – Get Free Report) was upgraded by equities research analysts at Wall Street Zen from a “buy” rating to a “strong-buy” rating in a report released on Saturday.

Separately, Weiss Ratings upgraded Global Industrial from a “hold (c)” rating to a “hold (c+)” rating in a research note on Thursday, July 16th. Two equities research analysts have rated the stock with a Hold rating, Based on data from MarketBeat, the company has an average rating of “Hold”.

Check Out Our Latest Analysis on Global Industrial

Global Industrial Price Performance

GIC opened at $39.34 on Friday. Global Industrial has a 12-month low of $26.40 and a 12-month high of $40.26. The stock has a market capitalization of $1.50 billion, a PE ratio of 17.56, a P/E/G ratio of 1.30 and a beta of 0.75. The firm’s fifty day moving average price is $33.70 and its 200 day moving average price is $32.28.

Global Industrial (NYSE:GIC – Get Free Report) last released its earnings results on Tuesday, August 4th. The company reported $0.54 earnings per share for the quarter, hitting the consensus estimate of $0.54. The company 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 6.06% and a return on equity of 21.49%. On average, equities research analysts forecast that Global Industrial will post 1.88 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of GIC. BlackRock Inc. bought a new stake in shares of Global Industrial during the 2nd quarter valued at about $53,365,000. Bank of New York Mellon Corp acquired a new stake in Global Industrial during the second quarter worth about $10,510,000. Algert Global LLC bought a new position in Global Industrial in the third quarter worth about $5,329,000. Edgestream Partners L.P. bought a new position in Global Industrial in the first quarter worth about $2,920,000. Finally, Barclays PLC boosted its stake in Global Industrial by 164.7% in the third quarter. Barclays PLC now owns 101,921 shares of the company’s stock valued at $3,737,000 after acquiring an additional 63,414 shares during the period. 31.19% of the stock is currently owned by institutional investors.

About Global Industrial

(Get 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.

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