Global IndustrialGIC
GIC
About: Global Industrial Co is a value-added industrial distributor. The company 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: 1,845
0
Funds holding %
of 7,419 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)
24% more repeat investments, than reductions
Existing positions increased: 47 | Existing positions reduced: 38
19% more call options, than puts
Call options by funds: $74K | Put options by funds: $62K
14% more first-time investments, than exits
New positions opened: 24 | Existing positions closed: 21
2% more funds holding
Funds holding: 126 [Q3] → 128 (+2) [Q4]
1.02% more ownership
Funds ownership: 32.71% [Q3] → 33.73% (+1.02%) [Q4]
25% less capital invested
Capital invested by funds: $425M [Q3] → $320M (-$106M) [Q4]
Research analyst outlook
We haven’t received any recent analyst ratings for GIC.
Financial journalist opinion
Positive
Seeking Alpha
3 weeks ago
Global Industrial: High Returns On Capital Attract At These Levels
The valuation of the shares appears attractive due to the strong returns on capital, high dividend and strong balance sheet. Recent weak sales and profit development have returned the stock back to a level where investors could expect a good future return when the demand environment improves. The shares offer a dividend yield of 4.6% covered by earnings and free cash flow.
Neutral
Accesswire
3 weeks ago
Global Industrial Company and Oak View Group Partner to Drive Operational Excellence at Live Entertainment and Sports Properties
Global Industrial, ‘The Source for Industrial Equipment and Supplies,' to serve as solutions provider for OVG venues and sustainability network GOAL (Green Operations & Advanced Leadership) PORT WASHINGTON, NY / ACCESS Newswire / March 25, 2025 / Global Industrial Company (NYSE:GIC), a value-added national distributor of industrial equipment and supplies, and Oak View Group (OVG), a global leader in venue development, management, premium hospitality services and 360-degree solutions, today announced a multi-year partnership to drive operational excellence at OVG's portfolio of venues. As part of the partnership, Global Industrial will serve as the primary source for industrial equipment and supplies for OVG's North American live entertainment and sports venues.
Neutral
Accesswire
1 month ago
Global Industrial Company to Showcase Industrial Equipment Innovations at ProMat 2025
-Introduces Recirculating Water Auto Ride-On Floor Scrubber and Electric Pallet Jack- PORT WASHINGTON, NY / ACCESS Newswire / March 11, 2025 / Global Industrial Company (NYSE:GIC), a value-added national distributor of industrial equipment and supplies, will be exhibiting at ProMat 2025 , the premier manufacturing and supply chain trade event, taking place March 17-20 at McCormick Place in Chicago, IL. Global Industrial will be exhibiting at Booth #S5341 in the South Building, Hall A , showcasing a broad range of industrial solutions designed to enhance efficiency, safety, and productivity in supply chain and warehouse operations.
Positive
Seeking Alpha
1 month ago
54 Upcoming Dividend Increases, Including A King
This week features the largest list of dividend increases ever, with 50 companies, including Coca-Cola extending its 63-year streak with a 5.2% increase. My strategy focuses on companies with consistent dividend growth and outperforming benchmarks, using data from the "U.S. Dividend Champions" spreadsheet and NASDAQ. I recommend the Schwab U.S. Dividend Equity ETF for broad U.S. equity exposure and the Cohen & Steers REIT & Preferred Income Fund for REITs.
Neutral
Accesswire
1 month ago
Global Industrial Company to Participate in Two Upcoming Investor Conferences
PORT WASHINGTON, NY / ACCESS Newswire / March 4, 2025 / Global Industrial Company (NYSE:GIC), a value-added national distributor of industrial equipment and supplies, today announced that management will participate in two upcoming investor conferences. Global Industrial will be attending the Loop Capital Markets 2025 Investor Conference on March 11, 2025 and the Sidoti Small Cap Conference on March 20, 2025.
Negative
Zacks Investment Research
1 month ago
Global Industrial Q4 Earnings Miss Estimates, Sales Decrease Y/Y
GIC's Q4 2024 results reflect the softness in its core small and medium-sized business customer base.
Negative
Zacks Investment Research
1 month ago
Global Industrial (GIC) Lags Q4 Earnings and Revenue Estimates
Global Industrial (GIC) came out with quarterly earnings of $0.27 per share, missing the Zacks Consensus Estimate of $0.28 per share. This compares to earnings of $0.40 per share a year ago.
Neutral
Accesswire
1 month ago
Global Industrial Reports Fourth Quarter and Full Year 2024 Financial Results
Fourth Quarter Sales of $302.3 Million; Operating Income of $14.5 Million and Operating Margin of 4.8% Full Year Sales of $1.3 Billion; Operating Income of $80.5 Million and Operating Margin of 6.1% Board Increases Dividend to $0.26 PORT WASHINGTON, NY / ACCESS Newswire / February 25, 2025 / Global Industrial Company (NYSE:GIC), a value-added national distributor of industrial equipment and supplies, today announced financial results for the fourth quarter ended December 31, 2024. Performance Summary* (U.S. dollars in millions, except per share data) Highlights Quarter Ended December 31, Year Ended December 31, 2024 2023 2024 2023 Net sales $ 302.3 $ 320.1 $ 1,315.9 $ 1,274.3 Gross profit $ 102.3 $ 108.2 $ 452.0 $ 435.8 Gross margin 33.8 % 33.8 % 34.3 % 34.2 % Operating income from continuing operations $ 14.5 $ 21.4 $ 80.5 $ 96.5 Operating margin 4.8 % 6.7 % 6.1 % 7.6 % Net income from continuing operations $ 10.6 $ 15.2 $ 60.7 $ 70.7 Net income per diluted share from continuing operations $ 0.27 $ 0.40 $ 1.57 $ 1.84 Net income from discontinued operations $ 0.1 $ 0.1 $ 0.3 $ 0.0 Net income per diluted share from discontinued operations $ 0.00 $ 0.00 $ 0.01 $ 0.00 * Global Industrial Company manages its business and reports using a 52-53 week fiscal year that ends at midnight on the Saturday closest to December 31.
Neutral
Accesswire
2 months ago
Global Industrial Company to Report Fourth Quarter 2024 Results on February 25, 2025
PORT WASHINGTON, NY / ACCESS Newswire / February 18, 2025 / Global Industrial Company (NYSE:GIC), a value-added national distributor of industrial equipment and supplies, today announced that it will release financial results for the fourth quarter ended December 31, 2024 on Tuesday, February 25, 2025 after U.S. market hours. Management will host a conference call and question and answer session on the Company's results at 5:00 p.m.
Neutral
Accesswire
2 months ago
Global Industrial Company Announces Appointment of Anesa Chaibi as Chief Executive Officer
PORT WASHINGTON, NY / ACCESS Newswire / February 10, 2025 / Global Industrial Company (NYSE:GIC), a value-added national distributor of industrial equipment and supplies, today announced the appointment of Anesa Chaibi as Chief Executive Officer, effective February 17, 2025. Upon Ms. Chaibi's commencement of employment, she will also join the Company's Board of Directors, and Richard Leeds will step down from his role as Interim Chief Executive Officer but remain as Executive Chairman of the Board.
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