Wolfe Research Brokers Increase Earnings Estimates for MSM

MSC Industrial Direct Company, Inc. (NYSE:MSM) – Equities researchers at Wolfe Research boosted their FY2026 earnings estimates for shares of MSC Industrial Direct in a report issued on Thursday, January 8th. Wolfe Research analyst R. Cooke now forecasts that the industrial products company will earn $4.29 per share for the year, up from their prior forecast of $4.08. Wolfe Research has a “Peer Perform” rating on the stock. The consensus estimate for MSC Industrial Direct’s current full-year earnings is $3.57 per share. Wolfe Research also issued estimates for MSC Industrial Direct’s Q4 2026 earnings at $1.24 EPS, Q1 2027 earnings at $1.09 EPS, Q2 2027 earnings at $0.92 EPS, FY2028 earnings at $5.06 EPS, FY2029 earnings at $5.59 EPS and FY2030 earnings at $6.15 EPS.

MSC Industrial Direct (NYSE:MSM) last released its earnings results on Wednesday, January 7th. The industrial products company reported $0.99 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.95 by $0.04. The firm had revenue of $965.68 million during the quarter, compared to analyst estimates of $962.52 million. MSC Industrial Direct had a return on equity of 15.73% and a net margin of 5.37%.MSC Industrial Direct’s revenue was up 4.0% compared to the same quarter last year. During the same period last year, the business posted $0.86 earnings per share.

Several other equities research analysts have also recently issued reports on MSM. Wall Street Zen cut shares of MSC Industrial Direct from a “buy” rating to a “hold” rating in a research report on Sunday, November 9th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of MSC Industrial Direct in a research report on Friday, October 31st. Robert W. Baird set a $94.00 price objective on MSC Industrial Direct in a report on Thursday, January 8th. Jefferies Financial Group reissued a “hold” rating and set a $85.00 target price on shares of MSC Industrial Direct in a research report on Thursday, January 8th. Finally, JPMorgan Chase & Co. upped their price target on MSC Industrial Direct from $93.00 to $96.00 and gave the company an “overweight” rating in a report on Friday, October 24th. One investment analyst has rated the stock with a Buy rating and eight have given a Hold rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $90.43.

MSC Industrial Direct Stock Up 0.7%

Shares of NYSE:MSM opened at $84.19 on Monday. MSC Industrial Direct has a fifty-two week low of $68.10 and a fifty-two week high of $94.31. The firm’s 50 day moving average price is $85.93 and its 200 day moving average price is $87.72. The company has a quick ratio of 0.82, a current ratio of 1.73 and a debt-to-equity ratio of 0.15. The stock has a market cap of $4.70 billion, a price-to-earnings ratio of 23.00 and a beta of 0.85.

MSC Industrial Direct Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, January 28th. Investors of record on Wednesday, January 14th will be given a $0.87 dividend. The ex-dividend date is Wednesday, January 14th. This represents a $3.48 annualized dividend and a yield of 4.1%. MSC Industrial Direct’s dividend payout ratio is 95.08%.

Insiders Place Their Bets

In related news, Director Mitchell Jacobson purchased 22,870 shares of the company’s stock in a transaction that occurred on Tuesday, November 18th. The shares were purchased at an average price of $84.96 per share, for a total transaction of $1,943,035.20. Following the transaction, the director directly owned 2,328,192 shares of the company’s stock, valued at approximately $197,803,192.32. The trade was a 0.99% increase in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Philip Peller acquired 6,666 shares of MSC Industrial Direct stock in a transaction on Thursday, November 13th. The shares were bought at an average cost of $90.14 per share, with a total value of $600,873.24. Following the completion of the purchase, the director owned 9,537 shares in the company, valued at $859,665.18. The trade was a 232.18% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. In the last quarter, insiders have purchased 211,342 shares of company stock valued at $17,951,965. 19.00% of the stock is owned by company insiders.

Institutional Investors Weigh In On MSC Industrial Direct

Several large investors have recently modified their holdings of the stock. Quent Capital LLC acquired a new position in MSC Industrial Direct in the 3rd quarter valued at $31,000. Hantz Financial Services Inc. increased its stake in shares of MSC Industrial Direct by 257.4% during the third quarter. Hantz Financial Services Inc. now owns 361 shares of the industrial products company’s stock worth $33,000 after acquiring an additional 260 shares during the period. Quarry LP increased its stake in shares of MSC Industrial Direct by 71.7% during the third quarter. Quarry LP now owns 503 shares of the industrial products company’s stock worth $46,000 after acquiring an additional 210 shares during the period. EverSource Wealth Advisors LLC lifted its position in MSC Industrial Direct by 130.4% in the second quarter. EverSource Wealth Advisors LLC now owns 576 shares of the industrial products company’s stock valued at $49,000 after purchasing an additional 326 shares during the period. Finally, First Horizon Advisors Inc. lifted its position in MSC Industrial Direct by 52.2% in the second quarter. First Horizon Advisors Inc. now owns 595 shares of the industrial products company’s stock valued at $51,000 after purchasing an additional 204 shares during the period. Hedge funds and other institutional investors own 79.26% of the company’s stock.

About MSC Industrial Direct

MSC Industrial Direct Co, Inc (NYSE: MSM) is a leading distributor of metalworking and maintenance, repair and operations (MRO) products serving a broad range of industrial customers across North America. The company offers an extensive portfolio of cutting tools, abrasives, measuring and inspection instruments, fasteners, safety supplies and other essential components used in manufacturing, metalworking and production environments. MSC delivers products through a multi-channel distribution network, including an extensive branch system, e-commerce platform and dedicated sales force.

In addition to its core product offerings, MSC Industrial Direct provides value-added services designed to improve productivity and reduce downtime for its customers.