Sharemaestro Newsreel

Applied Industrial Technologies (AIT) Projected to Post Earnings on Thursday

Applied Industrial Technologies (AIT) is expected to report its Q4 2026 earnings before market open on Thursday, August 13th, with analysts forecasting earnings of $2.92 per share and revenue of $1.29 billion. Analysts maintain a "Moderate Buy" consensus rating with a target price of …

A proposed $35-per-share deal could take Distribution Solutions Group private

Distribution Solutions Group (DSG) announced its Q2 2026 results, reporting $557.7 million in revenue, an 11.0% year-over-year increase, and improved profitability. Concurrently, the company confirmed a definitive merger agreement where LKCM Headwater Investments, already owning 79% of DSG, will acquire the remaining outstanding shares …

DXP Enterprises: Q2 Earnings Snapshot

DXP Enterprises Inc. reported a Q2 profit of $28.7 million, with net income reaching $1.76 per share. The Houston-based industrial products supplier achieved revenues of $576.5 million for the period. This financial summary was generated using data from Zacks Investment Research.

Pacer Advisors Inc. Has $5.23 Million Stock Position in Fastenal Company $FAST

Pacer Advisors Inc. significantly reduced its stake in Fastenal Company (NASDAQ:FAST) by 41.1% in the first quarter, now holding 112,690 shares valued at approximately $5.23 million. Despite this, institutional investors collectively own a substantial 81.38% of Fastenal. The company reported strong Q1 earnings, with …

Royal Bank of Canada Has $24.97 Million Stake in SiteOne Landscape Supply, Inc. $SITE

Royal Bank of Canada significantly increased its stake in SiteOne Landscape Supply, Inc. by 24.2% in the first quarter, now holding 187,574 shares valued at approximately $24.97 million. This move comes despite SiteOne missing analyst earnings estimates for the quarter, reporting $3.14 EPS against …

Bluelinx Holdings Inc. (BXC) Q2 FY2026 earnings call transcript

BlueLinx Holdings Inc. reported strong Q2 FY2026 results, with net sales up 4% year-over-year to $814 million and adjusted EBITDA increasing 33% to $35.6 million, despite a challenging housing market. The company attributed its success to disciplined execution, strategic product and channel strategies, and …

It’s the Dawn of a New Era as ADI Global Formally Splits from Resideo Technologies

ADI Global has officially launched as an independent company trading on the NYSE under the symbol ADIG, formally splitting from Resideo Technologies. This separation, announced a year ago, allows both ADI Global and the remaining Resideo Technologies (focusing on Products & Solutions) to pursue …

Wesco Intl stock hits all-time high at 378.57 USD By Investing.com

Wesco International Inc. stock reached an all-time high of $378.57, reflecting an 81.21% increase over the past year. This surge follows record second-quarter earnings and revenue, surpassing Wall Street expectations, and an increased price target from RBC Capital. The company's strong performance and growth …

Global Industrial (GIC) Stock Rallies As Tariff Boost Clouds Margin Quality

Global Industrial's stock (GIC) rose by 3.6% after its Q2 2026 earnings report, driven by a perception of strong performance. While revenue increased by 7.7% and basic EPS by 48.4%, the non-GAAP gross margin was lower year-on-year, though aided by significant one-time tariff refunds, …

WESCO International (NYSE: WCC) EVP buys stock and receives options

WESCO International EVP Daniel J Castillo reported two insider transactions on August 4, 2026. He received a grant of 914 stock options with an exercise price of $374.10 per share and purchased 960 shares of common stock at $365.89 per share, increasing his direct …

DXP Q2 2026 Earnings: Pumping Solutions Drives 15.6% Sales Growth

DXP Enterprises reported strong Q2 2026 earnings with sales up 15.6% to $576.5 million, primarily driven by its Innovative Pumping Solutions segment. GAAP diluted EPS rose to $1.76, and adjusted EBITDA increased significantly. The company's free cash flow also improved, though increased debt and …

DXP Posts Stronger Sales, Acquires Canadian Company

DXP Enterprises Inc. reported strong Q2 sales, increasing by over 15%, and earnings, up over 20%. The company also announced the acquisition of Mequipco Ltd., a Canadian water and wastewater mechanical equipment representative, providing DXP with an entry point into the Canadian market. This …

Global Industrial Posts Higher Sales as Tariff Refunds Boost Margins

Global Industrial Company reported stronger sales in the second quarter, with net sales increasing by 7.7% to $386.6 million, attributed to gains in both volume and price. The company's gross profit, gross margin, operating income, and net income also saw sharp increases, largely due …

Global Industrial posts strong second-quarter 2026 results

Global Industrial (GIC) reported strong second-quarter 2026 results, with net sales up 7.7% to $386.6 million and diluted EPS rising 47.7% to $0.96. The company also expanded its gross margin to 40.2% and continued to return capital to shareholders through share repurchases and dividends. …

W.W. Grainger Inc. stock outperforms competitors despite losses on the day

W.W. Grainger Inc. (GWW) shares fell by 1.18% to $1,285.07 on Wednesday, marking its third consecutive day of losses. Despite this, the stock outperformed the broader market, which saw the Dow Jones Industrial Average rise by 0.49% and the S&P 500 Index fall by …

BlueLinx Q2 Earnings Call Highlights

Earnings Flash (DXPE) DXP Enterprises, Inc. Posts Q2 EPS $1.76

DXP Enterprises, Inc. reported its Q2 earnings per share (EPS) at $1.76. This announcement comes after the company also reported Q2 revenue of $576.5 million, surpassing FactSet's estimate of $543.0 million. The company's stock has seen significant changes, with a 5-day change of -1.53%, …

Core & Main (NYSE: CNM) VP withholds 242 shares to cover RSU taxes

Core & Main's Senior VP of Human Resources, Carla D. Harper, reported a tax-withholding disposition of 242 shares of Class A Common Stock on August 4, 2026, at $46.32 per share. This action was taken to cover taxes on vesting restricted stock units (RSUs). …

Amit Mehta reports 46,434 Resideo Technologies, Inc. (REZI) shares held

Resideo Technologies, Inc.'s Senior Vice President Strategy and Business Operations, Amit Ashvin Mehta, has reported beneficial ownership of 46,434 shares of common stock. This information was disclosed in a Form 3 SEC filing as of August 3, 2026, indicating a direct holding without any …

Resideo Technologies (NYSE: REZI) SVP discloses holding of 168,192 shares

Joshua Peter Foster, Senior Vice President, General Counsel, and Corporate Secretary of Resideo Technologies (NYSE: REZI), has reported beneficial ownership of 168,192 shares of common stock. This disclosure was made via a Form 3 filing, indicating his initial statement of insider equity ownership. The …

Earnings call transcript: BlueLinx beats Q2 2026 profit forecasts, shares jump

BlueLinx Holdings significantly surpassed Q2 2026 profit forecasts, reporting adjusted EPS of $1.15 against an expected 46 cents, with revenue also slightly beating estimates. The company attributed its strong performance to market share gains, improved margins, effective cost management despite inflation, and strategic partnerships …

FASTENAL CO SEC Filing (Aug 5, 2026)

This article reports on an SEC Form 144 filing by Fastenal Co (FAST) on August 5, 2026. The filing indicates a proposed sale of 34,964 shares of common stock, with an aggregate market value of $1,750,103.24, acquired through a stock option exercise. The securities …

Global Industrial (NYSE:GIC) Exceeds Q2 CY2026 Expectations

Global Industrial (NYSE:GIC) reported better-than-expected revenue and earnings per share for Q2 CY2026, with sales up 7.7% year-on-year to $386.6 million and GAAP EPS of $0.96. The company's operating margin also improved significantly to 12.8%. Despite positive quarterly results, long-term revenue and EPS growth …

W.W. Grainger (NYSE:GWW) Price Target Cut to $1,428.00 by Analysts at Royal Bank Of Canada

Royal Bank of Canada analysts have reduced their price target for W.W. Grainger (NYSE:GWW) to $1,428.00 from $1,460.00, while maintaining a "sector perform" rating. Despite the lowered target, the company recently reported strong quarterly earnings, beating revenue and EPS estimates, and raised its 2026 …

Grainger Strategy Shifts Toward Data Centers, Customer Productivity and Distribution Network Expansion

Grainger is accelerating investments in data center projects, customer productivity, fulfillment, and digital commerce, as it sharpens its growth strategy and raises its outlook for 2026. The company reported strong Q2 sales of $5.02 billion, up 10.3% year-over-year, and increased net income by 18.3%. …

DXP Enterprises Acquires Mequipco to Expand Water Business

DXP Enterprises has acquired Canada's Mequipco, a specialist in mechanical equipment for water systems, to expand its water business into Western Canada. This acquisition, funded by cash and common stock, enhances DXP's market position and supports its strategy to grow water infrastructure products and …

Global Industrial Deepens Customer Integration Strategy to Fuel Growth

Global Industrial is focusing on a customer integration strategy to drive growth, expanding e-procurement capabilities, and investing in GPOs and industry specialization. This approach has led to increased sales, stronger customer retention, and organic growth, with second-quarter sales reaching $386.6 million, up 7.7%. The …

Distribution Solutions earnings on deck as buyout looms

Distribution Solutions Group Inc. is expected to report its second-quarter earnings, which could be one of its last as a public company due to an impending take-private deal by LKCM Headwater Investments. Analysts project earnings of $0.28 per share on revenue of $518.23 million. …

Resideo Technologies Completes Spin-Off of ADI Global Distribution to Become Pure-Play Building Company

Resideo Technologies has completed the spin-off of its ADI Global Distribution business, creating two separate publicly traded companies: Resideo Technologies (REZI) and ADI (ADIG). This strategic move aims to provide both entities with a sharper focus and greater financial flexibility. Resideo is now a …

ETFs Investing in Distribution Solutions Group, Inc. Stocks

This article lists several ETFs that hold stocks of Distribution Solutions Group, Inc., providing details such as market value, weight, issuer, management style, and expense ratio for each fund. These ETFs offer investors diversified exposure to the company and the broader market, making stock …

DXP Enterprises earnings on deck: Can distributor deliver on Q2 momentum?

DXP Enterprises Inc. is scheduled to report its second-quarter results, with analysts expecting $1.57 EPS on $544.67 million revenue, a significant improvement over the first quarter's earnings miss. Investors will be closely watching if the company can validate management's assertion that the Q1 shortfall …

Distribution Solutions Group stock hits 52-week high at $35.06

Distribution Solutions Group Inc. (DSGR) stock recently hit a new 52-week high at $35.06, reflecting strong year-to-date performance despite InvestingPro suggesting it might be overvalued. This comes amidst news of a definitive merger agreement for the company to be taken private by LKCM Headwater …

RBC Capital Adjusts W.W. Grainger Price Target to $1,428 From $1,460, Maintains Sector Perform Rating

RBC Capital has adjusted its price target for W.W. Grainger to $1,428 from $1,460, while maintaining a Sector Perform rating on the stock. This update follows a series of recent news for W.W. Grainger, including earnings calls, revised guidance, and dividend declarations, alongside another …

W.W. GRAINGER, INC. : OPPENHEIMER RAISES TARGET PRICE TO $1375 FROM $1350

Oppenheimer has raised its target price for W.W. Grainger, Inc. (GWW.N) from $1350 to $1375. This adjustment indicates an increased positive outlook by the analyst firm on the company's stock performance. The news was reported by Reuters.

Xometry (XMTR) Stock Jumps On Record Growth And Higher Outlook

Xometry (XMTR) saw its stock jump 5.3% after reporting record Q2 revenue of US$229.3m and adjusted EBITDA of US$14.1m, prompting management to raise full-year guidance. The company demonstrated strong operating leverage with revenue growth outpacing operating expenses, and achieved significant milestones in buyer acquisition …

W.W. Grainger Earnings: Firing on All Cylinders, but Shares Mostly Reflect That

W.W. Grainger reported strong second-quarter results with underlying organic sales growth of 13.7% and a 120-basis-point expansion in operating margin, leading to 20.5% earnings per share growth. Despite management raising full-year guidance, the company's shares experienced a significant drop on the morning of August …