Global Industrial (GIC) to Post Quarterly Earnings on Tuesday

Global Industrial (NYSE:GIC) is anticipated to issue its Q2 2026 results after the market closes on Tuesday, August 4th. Analysts expect the company to announce earnings of $0.54 per share and revenue of $377.3960 million for the quarter. Investors are encouraged to explore the company’s upcoming Q2 2026 earning report for the latest details on the call scheduled for Tuesday, August 4, 2026 at 5:00 PM ET.

Global Industrial (NYSE:GIC) last released its earnings results on Tuesday, May 5th. The company reported $0.39 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.41 by ($0.02). The firm had revenue of $350.40 million for the quarter, compared to the consensus estimate of $344.13 million. Global Industrial had a return on equity of 23.53% and a net margin of 5.33%. 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 Price Performance

GIC stock traded up $0.40 during trading hours on Tuesday, reaching $36.02. 1,964 shares of the stock were exchanged, compared to its average volume of 103,820. The firm’s 50-day moving average is $32.36 and its 200-day moving average is $31.90. Global Industrial has a 12 month low of $26.40 and a 12 month high of $38.79. The company has a market cap of $1.38 billion, a price-to-earnings ratio of 18.65, a PEG ratio of 1.16 and a beta of 0.76.

Global Industrial Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, May 26th. Investors of record on Monday, May 18th were issued a dividend of $0.28 per share. The ex-dividend date was Monday, May 18th. This represents a $1.12 dividend on an annualized basis and a dividend yield of 3.1%. Global Industrial’s dividend payout ratio (DPR) is presently 58.03%.

Institutional Trading of Global Industrial

A number of hedge funds and other institutional investors have recently modified their holdings of GIC. Advisors Asset Management Inc. raised its holdings in Global Industrial by 234.9% during the fourth quarter. Advisors Asset Management Inc. now owns 2,502 shares of the company’s stock worth $73,000 after acquiring an additional 1,755 shares in the last quarter. State of Wyoming acquired a new position in Global Industrial during the second quarter valued at approximately $117,000. Intech Investment Management LLC bought a new position in Global Industrial in the third quarter valued at approximately $234,000. Martingale Asset Management L P bought a new position in Global Industrial in the fourth quarter valued at approximately $214,000. Finally, Russell Investments Group Ltd. increased its position in shares of Global Industrial by 16.3% during the 2nd quarter. Russell Investments Group Ltd. now owns 7,972 shares of the company’s stock worth $215,000 after purchasing an additional 1,120 shares during the last quarter. Institutional investors and hedge funds own 31.19% of the company’s stock.

Wall Street Analyst Weigh In

GIC has been the topic of a number of recent research reports. Weiss Ratings raised Global Industrial from a “hold (c)” rating to a “hold (c+)” rating in a research report on Thursday, July 16th. Wall Street Zen downgraded Global Industrial from a “strong-buy” rating to a “buy” rating in a research report on Saturday, May 9th. Two analysts have rated the stock with a Hold rating, According to MarketBeat.com, the company currently has an average rating of “Hold”.

Global Industrial Company 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.