Keybanc Cuts MSC Industrial Direct (MSM) Price Target to $140
Key Points
- Keybanc maintained an Overweight rating on MSC Industrial Direct Co., Inc. on October 23, 2026, while adjusting its price target from $145.00 to $140.00.
- Keybanc's $140 price target implies 24.52% upside from MSC Industrial Direct Co., Inc.'s ($MSM) current $112.43 share price.
- Institutional investors adjusted positions earlier in the year, with Fuller & Thaler Asset Management holding 1.88 million shares worth about $212.2 million.
- The industrial distributor trades near $112.43 with a P/E ratio of 28.2 and a next earnings date of January 6, 2027.
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Keybanc maintained its Overweight rating on MSC Industrial Direct Co., Inc. (NYSE: MSM) on October 23, 2026, while adjusting its price target downward from $145.00 to $140.00. The research note provides a forward-looking perspective on the industrial supplier, following prior coverage of the firm's analyst adjustments across the sector. MSC Industrial Direct closed at $112.43 on October 22, 2026.
MSM
MSC Industrial Direct Co., Inc.
Keybanc vs. the S&P 500
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Keybanc's Call on MSC Industrial Direct
The firm's updated view places a $140.00 target on the shares, shifting down from its previous target of $145.00 set on July 2, 2026. Keybanc continues to back the stock with an Overweight rating, aligning with other recent Wall Street updates for the company.
Other Institutional Activity in MSC Industrial Direct
Large funds active in the stock have shifted their share counts over recent reporting periods. Fuller & Thaler Asset Management Inc. grew its holdings by 101,781 shares, ending with 1,887,419 shares worth about $212,202,518. American Century Companies Inc reduced its stake by 869,104 shares, leaving it with 1,743,956 shares valued at roughly $196,072,973. Boston Partners added 53,964 shares to finish with 1,714,389 shares worth about $192,748,755. First Trust Advisors LP trimmed its position by 96,282 shares, bringing its holdings to 1,676,859 shares valued at roughly $188,529,257.
MSC Industrial Direct Co., Inc. Stock Down 15.4%
The company shares recently traded around $112.43 as of October 23, 2026, matching the previous close. The valuation reflects a P/E ratio of 28.25 alongside a forward P/E of 17.35.
$MSM price target
MSC Industrial Direct Co., Inc. daily closes and this analyst's $140 target. Not advice.
Recent Earnings
Trailing twelve-month revenue reached $4.01 billion with diluted earnings per share of $3.98. The company reported a net profit margin of 5.6% and a return on equity of 15.6%, with the next earnings report scheduled for January 6, 2027.
Dividend
Eligible shareholders receive an annual dividend rate of $3.56 per share, representing a 3.17% dividend yield based on recent trading levels.
Insider Buying and Selling at MSC Industrial Direct Co., Inc.
Insiders completed transactions prior to the analyst update, including Director Philip R. Peller buying 6,666 shares on November 13, 2025, at $90.14 per share for a total value of $600,873. Director Mitchell Lawrence Jacobson bought 22,870 shares on November 18, 2025, at $84.96 per share worth $1,943,037. Director Rudina Seseri sold 1,800 shares on February 2, 2026, at $86.83 per share for a total of $156,294.
Analysts Set New Price Targets
Rothschild & Co initiated coverage with a Buy rating and a $155.00 target on July 13, 2026. Barclays initiated coverage with an Overweight rating and a $152.00 target on October 13, 2026. Stephens & Co. upgraded the stock to Overweight and raised its target to $135.00 on October 23, 2026. Overall consensus analyst opinion stands at a hold recommendation with eight analyst opinions contributing to a mean price target of $133.75.
About MSC Industrial Direct
MSC Industrial Direct Co., Inc. distributes maintenance, repair, and operations supplies along with metalworking products. Serving customers across North America and internationally, the company supplies industrial tools and operational support to keep manufacturing facilities running smoothly.
Bottom Line
Keybanc's revised target offers investors a fresh checkpoint as the company heads toward its next financial results announcement on January 6, 2027. Market participants will monitor upcoming institutional filings and earnings data for further direction on the stock.
Related Filing Alerts
Source: Keybanc's rating change on $MSM (Oct 23, 2026). Written by software, not financial advice. How we make alerts