Jacobson Mitchell buys $15.4 million in MSC Industrial Direct (MSM)

Jacobson Mitchell, a director and 10% owner of MSC Industrial Direct Co Inc (NYSE:MSM), has recently purchased shares of the company’s Class A Common Stock. According to a Form 4 filing with the Securities and Exchange Commission, between October 30 and November 3, Jacobson acquired a total of 181,706 shares for approximately $15.4 million. The industrial distributor, currently valued at $4.7 billion, is trading slightly above its InvestingPro Fair Value estimate.

The purchases were made in multiple transactions. On October 30, 95,779 shares were bought at a weighted average price of $84.9244, with prices ranging from $84.5550 to $85.0000. On October 31, 34,073 shares were purchased at a weighted average price of $84.7641, in a range between $84.4150 and $85.0000. On November 3, two further transactions occurred: 21,954 shares were bought at an average price of $83.9296 (range $83.6000 - $84.2500), and 30,000 shares were acquired at $84.7900. MSM stock generally trades with low price volatility according to InvestingPro Tips, and offers a 4.1% dividend yield.

Following these transactions, Jacobson Mitchell directly owns 2,305,322 shares of MSC Industrial Direct Co Inc. Additionally, the report indicates indirect ownership of 5,779,413 shares. The company has maintained dividend payments for 23 consecutive years and trades at a P/E ratio of 23.7. InvestingPro offers a comprehensive Research Report on MSM, one of 1,400+ US stocks analyzed in depth on the platform.

In other recent news, MSC Industrial Direct reported its fourth quarter 2025 earnings, exceeding Wall Street’s expectations. The company achieved an earnings per share (EPS) of $1.09, which surpassed the forecasted $1.01, resulting in a 7.92% positive surprise. Revenue for the quarter was $978.2 million, slightly higher than the anticipated $963.02 million, marking a 1.58% surprise. These results indicate a strong performance by MSC Industrial Direct in the recent quarter. The earnings announcement was followed by a rise in investor confidence. No recent mergers or acquisitions were reported. Analyst upgrades or downgrades were not mentioned in the recent updates. There were no additional major developments reported for MSC Industrial Direct at this time.

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