MSC Industrial Direct (NYSE:MSM – Get Free Report) had its price objective increased by stock analysts at DA Davidson from $145.00 to $150.00 in a research report issued on Thursday,Benzinga reports. The firm currently has a “buy” rating on the industrial products company’s stock. DA Davidson’s target price suggests a potential upside of 21.70% from the stock’s previous close.
MSM has been the subject of a number of other reports. KeyCorp restated an “overweight” rating and set a $145.00 price objective on shares of MSC Industrial Direct in a research note on Wednesday. Weiss Ratings upgraded MSC Industrial Direct from a “hold (c)” rating to a “hold (c+)” rating in a research note on Tuesday, June 23rd. Finally, Jefferies Financial Group set a $130.00 target price on shares of MSC Industrial Direct in a report on Wednesday. Two equities research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $118.17.
View Our Latest Stock Report on MSC Industrial Direct
MSC Industrial Direct Stock Performance
MSC Industrial Direct (NYSE:MSM – Get Free Report) last posted its earnings results on Wednesday, July 1st. The industrial products company reported $1.43 earnings per share for the quarter, topping analysts’ consensus estimates of $1.28 by $0.15. MSC Industrial Direct had a return on equity of 16.06% and a net margin of 5.42%.The company had revenue of $1.05 billion during the quarter, compared to analyst estimates of $1.03 billion. During the same quarter in the prior year, the business earned $1.08 earnings per share. MSC Industrial Direct’s revenue was up 7.8% on a year-over-year basis. On average, sell-side analysts predict that MSC Industrial Direct will post 4.36 earnings per share for the current fiscal year.
Institutional Trading of MSC Industrial Direct
A number of institutional investors have recently made changes to their positions in MSM. Auto Owners Insurance Co grew its stake in MSC Industrial Direct by 12,181.8% during the 4th quarter. Auto Owners Insurance Co now owns 3,254,670 shares of the industrial products company’s stock worth $273,718,000 after buying an additional 3,228,170 shares during the last quarter. Fuller & Thaler Asset Management Inc. increased its position in MSC Industrial Direct by 11.7% during the 4th quarter. Fuller & Thaler Asset Management Inc. now owns 1,796,316 shares of the industrial products company’s stock valued at $151,070,000 after buying an additional 187,440 shares in the last quarter. First Trust Advisors LP raised its stake in MSC Industrial Direct by 20.9% in the first quarter. First Trust Advisors LP now owns 1,773,133 shares of the industrial products company’s stock valued at $163,607,000 after buying an additional 306,436 shares during the last quarter. Boston Partners raised its stake in MSC Industrial Direct by 2.1% in the third quarter. Boston Partners now owns 1,764,875 shares of the industrial products company’s stock valued at $162,605,000 after buying an additional 36,626 shares during the last quarter. Finally, Dimensional Fund Advisors LP boosted its holdings in MSC Industrial Direct by 1.1% in the first quarter. Dimensional Fund Advisors LP now owns 1,357,419 shares of the industrial products company’s stock worth $125,240,000 after acquiring an additional 14,484 shares in the last quarter. Institutional investors and hedge funds own 79.26% of the company’s stock.
Key Stories Impacting MSC Industrial Direct
Here are the key news stories impacting MSC Industrial Direct this week:
- Positive Sentiment: MSC Industrial reported fiscal Q3 adjusted EPS of $1.43, ahead of estimates of $1.28, while revenue of $1.05 billion also topped forecasts of $1.03 billion. Article: MSC Industrial (MSM) Q3 Earnings and Revenues Top Estimates
- Positive Sentiment: Revenue rose 7.8% year over year, signaling improving demand and better volume trends as the company works through its turnaround. Article: MSC Industrial Supply Co. Reports Fiscal 2026 Third Quarter Results
- Positive Sentiment: Management said the turnaround is shifting into execution, with early gains in volume, a cost reset, and Q4 guidance pointing to continued sales growth. Article: MSM Q3 Earnings Call Shows Early Gains in Volume, Cost Reset
- Neutral Sentiment: Analysts and commentary pieces focused on the earnings call, presentation, and key metric comparisons, reinforcing investor attention on the company’s improving fundamentals. Article: MSC Industrial Direct Co., Inc. 2026 Q3 – Results – Earnings Call Presentation
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.
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