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GLOBAL RESEARCH ARCHIVE

QXO Inc: Q1 Shows Opex Build Ahead of Deals, Stable GM% the Positive Surprise

Published: 2026-05-13Institution: Morgan StanleyCompany / ticker: QXO.NPages: 8Original language: 英语Evidence page: 3

Research evidence excerpt

QXO Inc: Q1 Shows Opex Build Ahead of Deals, Stable GM% the Positive Surprise

o., W.W.

Grainger Inc..

Within the last 12 months, Morgan Stanley has either provided or is providing non-investment banking, securities-related services to and/or in the past has entered into an agreement to provide

services or has a client relationship with the following company: 3M Co., Alliance Laundry Holdings Inc, Carrier Global Corp., Dover Corp, Eaton Corporation PLC, Emerson Electric Co, Fortive

Corp, Gates Industrial Corporation PLC, Honeywell International Inc, Hubbell Inc., Ingersoll Rand INC, Johnson Controls International Plc, Mirion Technologies Inc, Otis Worldwide Corp,

Parker-Hannifin Corp, QXO Inc, Ralliant Corporation, Rockwell Automation, Stanley Black & Decker Inc, W.W. Grainger Inc..

Morgan Stanley & Co. LLC makes a market in the securities of Acuity Inc., Allegion Public Limited Company, Ametek Inc., Dover Corp, Hubbell Inc., Lennox International Inc, Parker-Hannifin Corp,

Rockwell Automation, Teledyne Technologies Inc., W.W. Grainger Inc., Watsco Inc.

The equity research analysts or strategists principally responsible for the preparation of Morgan Stanley Research have received compensation based upon various factors, including quality

of research, investor client feedback, stock picking, competitive factors, firm revenues and overall investment banking revenues. Equity Research analysts' or strategists' compensation is not

linked to investment banking or capital markets transactions performed by Morgan Stanley or the profitability or revenues of particular trading desks.

Morgan Stanley and its affiliates do business that relates to companies/instruments covered in Morgan Stanley Research, including market making, providing liquidity, fund management,

The English excerpt is extracted automatically from the cited source page and may contain layout or recognition errors. It is never batch translated.

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