Global Industrial
About: Global Industrial Co is a value-added industrial distributor. It distributes a wide range of industrial and maintenance, repair, and operations (MRO) products to customers across North America, including 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, food service and retail, medical and laboratory, motors and power transmission, building supplies, machining, fasteners and hardware, vehicle maintenance, and raw materials.
Employees: 1,870
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
29% more first-time investments, than exits
New positions opened: 27 | Existing positions closed: 21
5% more funds holding
Funds holding: 129 [Q1] → 135 (+6) [Q2]
9% more repeat investments, than reductions
Existing positions increased: 49 | Existing positions reduced: 45
0.82% less ownership
Funds ownership: 33.54% [Q1] → 32.72% (-0.82%) [Q2]
16% less call options, than puts
Call options by funds: $69K | Put options by funds: $82K
32% less capital invested
Capital invested by funds: $573M [Q1] → $392M (-$181M) [Q2]
Research analyst outlook
We haven’t received any recent analyst ratings for GIC.