DA Davidson Reiterates Buy Rating on MSC Industrial Direct Co., Inc.
DA Davidson maintains a buy rating for MSC Industrial Direct with a $145 price target, a 23.50% upside from the current price.
Key Points
- DA Davidson's Chris Dankert reiterated a buy rating for MSC Industrial Direct Co., Inc. on June 16, 2026, with a price target of $145.
- DA Davidson's $145 price target implies 23.50% upside from MSC Industrial Direct Co., Inc.'s ($MSM) current $117.41 share price.
- MSC Industrial Direct Co., Inc. trades at $114.22 with a market cap of approximately $6.55 billion and a P/E ratio of 31.53.
- Insider and institutional activities show mixed movements, with BlackRock increasing its stake and others reducing holdings.
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On June 16, 2026, DA Davidson analyst Chris Dankert reiterated a buy rating for MSC Industrial Direct Co., Inc. (NYSE:MSM), maintaining a price target of $145. This reaffirmation suggests continued confidence in the company's prospects.
Other Institutional Activity in MSC Industrial Direct Co., Inc.
BlackRock, Inc. increased its holdings in MSC Industrial by 90,651 shares, bringing its total to 5,432,644 shares valued at about $501.3 million. Conversely, American Century Companies Inc. reduced its position by 218,789 shares, ending with 2,612,963 shares worth approximately $241.1 million. Vanguard Portfolio Management LLC and Vanguard Capital Management LLC both established new positions, holding 2,132,857 and 2,001,945 shares valued at $196.8 million and $184.7 million, respectively. Meanwhile, First Trust Advisors LP significantly increased its stake by 306,436 shares, now holding 1,773,133 shares valued at $163.6 million.
MSC Industrial Direct Co., Inc. Stock Down 1.5%
Shares of MSC Industrial Direct Co., Inc. are currently trading at $114.22. The company has a market capitalization of about $6.55 billion and a P/E ratio of 31.53. Its stock has a 52-week low of $78.80 and a high of $119.13, with a 50-day moving average of $105.12 and a 200-day moving average of $92.71. The industrial distributor maintains a current ratio of 1.73 and a debt-to-equity ratio of 40.34.
Recent Earnings
MSC Industrial Direct Co., Inc. reported revenue of approximately $3.83 billion, reflecting a growth rate of 2.9%. The company has a net margin of 5.42% and a return on equity (ROE) of 15.00%. Earnings per share (EPS) stand at $3.72. The next earnings report is expected on July 1, 2026.
Dividend
MSC Industrial Direct Co., Inc. offers an annual dividend rate of $3.48, yielding 2.97%. The dividend payout ratio is 92.47%.
Insider Buying and Selling at MSC Industrial Direct Co., Inc.
Recent insider transactions include Jacobson Mitchell selling 14,972 shares on April 7, 2026. Steven Paladino was active on February 5, 2026, with multiple transactions, buying and selling 13,960 shares. Rudina Seseri sold 1,800 shares on February 2, 2026, at an average price of $86.83.
Analysts Set New Price Targets
On June 16, 2026, DA Davidson initiated coverage with a buy rating and a $145 price target. Earlier, on June 2, 2026, Keybanc maintained its buy rating with a target of $129. JP Morgan downgraded its rating to hold on February 6, 2026, setting a $95 target. The consensus recommendation for MSC Industrial Direct is a hold, with a mean target price of $96.17 across six analyst opinions.
About MSC Industrial Direct Co., Inc.
MSC Industrial Direct Co., Inc., headquartered in Melville, New York, is a leading distributor of metalworking and maintenance, repair, and operations (MRO) products. It serves individual machine shops, manufacturing companies, and government agencies across the United States and internationally, with a workforce of about 7,000 employees. The company provides a wide range of products through various channels, including its website and customer care centers.
Bottom Line
DA Davidson's reiteration of a buy rating for MSC Industrial Direct Co., Inc. highlights confidence in the company's performance. With a solid market position and ongoing institutional interest, MSC Industrial remains a notable player in the industrial distribution sector. As always, remember that analyst ratings are just one factor to consider in investment decisions.
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