12 Dividend Stocks With High Insider Buying

8. MSC Industrial Direct Co., Inc. (NYSE:MSM)

Dividend Yield: 3.62%

Insider Ownership: 18.36%

Number of Hedge Fund Holders: 36

MSC Industrial Direct Co., Inc. (NYSE:MSM) is among the dividend stocks with high insider buying.

On February 6, 2026, JP Morgan downgraded MSC Industrial Direct Co., Inc. (NYSE:MSM) from Overweight to Neutral, while also lowering the price target from $96 to $95. According to JP Morgan, the stock’s price target and trading volumes are uninspiring, and the firm expressed concern, citing that the company’s self-help initiatives have not produced notable results.

In the company’s Annual Meeting of Shareholders, on January 21, 2026, all MSC Industrial Direct Co., Inc. (NYSE:MSM)’s 10 director nominees were re-elected by the shareholders with strong voting support, signaling that the current management is effectively backed by the shareholders.

Prior to this, Baird, on January 8, 2026, lowered the price target from $98 to $94 while keeping a Neutral rating on MSC Industrial Direct Co., Inc. (NYSE:MSM), following the Q1 results. On the other hand, from the dividend perspective, the company has increased its dividends for 5 consecutive years and has paid its quarterly cash dividend of $0.87 per share on January 28, 2026, signaling a return of capital commitment to shareholders

MSC Industrial Direct Co., Inc. (NYSE:MSM) is a leading North American distributor of metalworking and maintenance, repair, and operations (MRO) products founded in 1941 and operating from its headquarters in Melville, New York.