Global Industrial Company $GIC Shares Sold by Denali Advisors LLC

Denali Advisors LLC cut its position in Global Industrial Company (NYSE:GIC) by 41.9% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 85,200 shares of the company’s stock after selling 61,318 shares during the period. Denali Advisors LLC’s holdings in Global Industrial were worth $2,490,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also recently made changes to their positions in GIC. Hillsdale Investment Management Inc. acquired a new stake in shares of Global Industrial in the third quarter worth approximately $6,985,000. Algert Global LLC acquired a new stake in shares of Global Industrial in the third quarter worth approximately $5,329,000. Barclays PLC boosted its stake in shares of Global Industrial by 164.7% in the third quarter. Barclays PLC now owns 101,921 shares of the company’s stock worth $3,737,000 after acquiring an additional 63,414 shares during the last quarter. Tudor Investment Corp ET AL acquired a new stake in shares of Global Industrial in the third quarter worth approximately $2,284,000. Finally, Goldman Sachs Group Inc. boosted its stake in shares of Global Industrial by 66.3% in the first quarter. Goldman Sachs Group Inc. now owns 143,162 shares of the company’s stock worth $3,207,000 after acquiring an additional 57,056 shares during the last quarter. 31.19% of the stock is owned by institutional investors and hedge funds.

Global Industrial Stock Performance

NYSE GIC opened at $29.17 on Friday. The stock’s fifty day moving average is $32.19 and its two-hundred day moving average is $30.87. The firm has a market capitalization of $1.12 billion, a P/E ratio of 15.12, a price-to-earnings-growth ratio of 1.00 and a beta of 0.83. Global Industrial Company has a fifty-two week low of $25.61 and a fifty-two week high of $38.79.

Global Industrial (NYSE:GIC) last released its quarterly earnings data on Tuesday, May 5th. The company reported $0.39 earnings per share for the quarter, missing analysts’ consensus estimates of $0.41 by ($0.02). The company had revenue of $350.40 million for the quarter, compared to analyst estimates of $344.13 million. Global Industrial had a return on equity of 23.69% and a net margin of 5.33%. As a group, sell-side analysts forecast that Global Industrial Company will post 1.89 EPS for the current year.

Global Industrial Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, May 26th. Shareholders of record on Monday, May 18th will be given a $0.28 dividend. The ex-dividend date is Monday, May 18th. This represents a $1.12 dividend on an annualized basis and a yield of 3.8%. Global Industrial’s payout ratio is currently 58.03%.

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on the company. Weiss Ratings raised Global Industrial from a “hold (c)” rating to a “hold (c+)” rating in a research note on Friday, May 1st. Wall Street Zen downgraded shares of Global Industrial from a “strong-buy” rating to a “buy” rating in a report on Saturday. Two analysts have rated the stock with a Hold rating, According to MarketBeat, Global Industrial currently has an average rating of “Hold”.

Trending Headlines about Global Industrial

Here are the key news stories impacting Global Industrial this week:

• Positive Sentiment: Global Industrial’s Q1 sales came in above estimates, suggesting demand held up better than expected despite a choppy operating backdrop. This helped offset some of the concern around earnings. Global Industrial’s (NYSE:GIC) Q1 CY2026 sales beat estimates
• Neutral Sentiment: The company’s Q1 earnings call highlighted growth but also pointed to cost risks, which leaves investors weighing solid top-line performance against margin pressure. Global Industrial Earnings Call Shows Growth Amid Cost Risks
• Neutral Sentiment: Sidoti trimmed several near-term earnings estimates for Global Industrial, but the changes were modest overall, with Q2, Q3, and Q4 forecasts all adjusted lower on concerns about upcoming profitability. Global Industrial analyst estimates
• Neutral Sentiment: Sidoti also lowered its FY2026 EPS estimate to $1.88 from $2.05, while still keeping the company near the $2.00 consensus, reinforcing a cautious but not deeply bearish outlook. Global Industrial analyst estimates
• Negative Sentiment: The stock’s recent decline appears tied to the earnings miss on EPS in the prior report and the market’s reaction to lower forward earnings expectations, which can weigh on valuation near term.

Global Industrial Profile

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.