Global Industrial (GIC) to Release Earnings on Tuesday

Global Industrial (NYSE:GIC) is expected to post its Q2 2025 quarterly earnings results after the market closes on Tuesday, July 29th. Analysts expect Global Industrial to post earnings of $0.50 per share and revenue of $351.81 million for the quarter.

Global Industrial (NYSE:GIC) last issued its earnings results on Tuesday, April 29th. The company reported $0.35 EPS for the quarter, topping analysts’ consensus estimates of $0.20 by $0.15. The business had revenue of $321.00 million for the quarter, compared to analyst estimates of $307.15 million. Global Industrial had a net margin of 4.67% and a return on equity of 21.85%. On average, analysts expect Global Industrial to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Global Industrial Stock Performance

Shares of NYSE:GIC opened at $27.48 on Friday. The firm has a market cap of $1.05 billion, a PE ratio of 17.39, a price-to-earnings-growth ratio of 1.02 and a beta of 0.80. The firm’s 50 day simple moving average is $27.12 and its 200-day simple moving average is $24.91. Global Industrial has a one year low of $20.79 and a one year high of $36.17.

Global Industrial Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, May 19th. Stockholders of record on Monday, May 12th were given a dividend of $0.26 per share. This represents a $1.04 dividend on an annualized basis and a dividend yield of 3.79%. The ex-dividend date of this dividend was Monday, May 12th. Global Industrial’s dividend payout ratio (DPR) is presently 65.82%.

Hedge Funds Weigh In On Global Industrial

A number of institutional investors have recently modified their holdings of the stock. Jane Street Group LLC increased its position in shares of Global Industrial by 16.4% during the first quarter. Jane Street Group LLC now owns 17,806 shares of the company’s stock worth $399,000 after acquiring an additional 2,512 shares during the period. Goldman Sachs Group Inc. increased its holdings in Global Industrial by 66.3% during the first quarter. Goldman Sachs Group Inc. now owns 143,162 shares of the company’s stock valued at $3,207,000 after buying an additional 57,056 shares during the period. Finally, AQR Capital Management LLC increased its holdings in Global Industrial by 37.4% during the first quarter. AQR Capital Management LLC now owns 61,993 shares of the company’s stock valued at $1,389,000 after buying an additional 16,880 shares during the period. 31.19% of the stock is owned by hedge funds and other institutional investors.

About Global Industrial

Global Industrial Company operates as an industrial distributor of various industrial and maintenance, repair, and operation (MRO) products in North America. It offers storage and shelving, safety and security, carts and trucks, HVAC and fans, furniture and decor, material handling, janitorial and facility maintenance, workbenches and shop desks, tools and instruments, plumbing and pumps, office and school supplies, packaging and shipping, lighting and electrical, foodservice and retail, medical and laboratory, motors and power transmission, building supplies, machining, fasteners and hardware, vehicle maintenance, and raw materials.