3,796 Shares in Globe Life Inc. $GL Purchased by Baader Bank Aktiengesellschaft

Baader Bank Aktiengesellschaft purchased a new position in shares of Globe Life Inc. (NYSE:GL) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 3,796 shares of the company’s stock, valued at approximately $531,000.

A number of other institutional investors have also recently bought and sold shares of GL. CYBER HORNET ETFs LLC acquired a new position in Globe Life during the second quarter worth approximately $28,000. MUFG Securities EMEA plc acquired a new position in Globe Life during the second quarter worth approximately $31,000. Quent Capital LLC acquired a new position in Globe Life during the third quarter worth approximately $36,000. Torren Management LLC acquired a new position in Globe Life during the fourth quarter worth approximately $37,000. Finally, Root Financial Partners LLC acquired a new position in Globe Life during the third quarter worth approximately $44,000. Institutional investors and hedge funds own 81.61% of the company’s stock.

Globe Life Stock Performance

Shares of GL stock opened at $155.05 on Friday. The company has a market capitalization of $12.04 billion, a price-to-earnings ratio of 10.72 and a beta of 0.50. The company has a debt-to-equity ratio of 0.38, a quick ratio of 0.07 and a current ratio of 0.07. The company has a 50-day simple moving average of $145.97 and a 200 day simple moving average of $141.13. Globe Life Inc. has a 52 week low of $116.73 and a 52 week high of $156.69.

Globe Life (NYSE:GL) last announced its earnings results on Wednesday, April 22nd. The company reported $3.43 EPS for the quarter, missing the consensus estimate of $3.46 by ($0.03). The company had revenue of $1.56 billion for the quarter, compared to the consensus estimate of $1.56 billion. Globe Life had a return on equity of 20.94% and a net margin of 19.38%.The business’s quarterly revenue was up 5.3% on a year-over-year basis. During the same period in the previous year, the firm posted $3.07 EPS. Globe Life has set its FY 2026 guidance at 15.400-15.90 EPS. On average, sell-side analysts predict that Globe Life Inc. will post 15.56 earnings per share for the current year.

Globe Life Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, July 31st. Investors of record on Monday, July 6th will be issued a dividend of $0.33 per share. The ex-dividend date of this dividend is Monday, July 6th. This represents a $1.32 annualized dividend and a dividend yield of 0.9%. Globe Life’s payout ratio is presently 9.13%.

Insider Buying and Selling at Globe Life

In other Globe Life news, EVP Robert Edward Hensley sold 712 shares of Globe Life stock in a transaction dated Wednesday, February 25th. The shares were sold at an average price of $142.59, for a total value of $101,524.08. Following the completion of the sale, the executive vice president owned 8,580 shares in the company, valued at $1,223,422.20. The trade was a 7.66% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO James Matthew Darden sold 4,663 shares of the firm’s stock in a transaction that occurred on Tuesday, April 28th. The stock was sold at an average price of $153.88, for a total transaction of $717,542.44. Following the transaction, the chief executive officer directly owned 58,451 shares in the company, valued at $8,994,439.88. This represents a 7.39% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 107,147 shares of company stock worth $16,086,366 in the last ninety days. Insiders own 2.11% of the company’s stock.

Wall Street Analyst Weigh In

GL has been the topic of a number of recent analyst reports. Keefe, Bruyette & Woods reissued a “moderate buy” rating and set a $168.00 price target on shares of Globe Life in a research report on Thursday, March 26th. Evercore set a $157.00 price target on Globe Life in a research report on Wednesday, February 18th. JPMorgan Chase & Co. raised their target price on shares of Globe Life from $180.00 to $181.00 and gave the stock an “overweight” rating in a research note on Thursday, February 5th. Weiss Ratings raised shares of Globe Life from a “buy (b-)” rating to a “buy (b)” rating in a report on Wednesday. Finally, Wells Fargo & Company lifted their target price on shares of Globe Life from $171.00 to $172.00 and gave the stock an “overweight” rating in a report on Friday, April 10th. Two equities research analysts have rated the stock with a Strong Buy rating, seven have assigned a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Buy” and an average price target of $172.67.

Globe Life Profile

Globe Life, traded on the NYSE under the symbol GL, is a U.S.-based insurance holding company that underwrites and distributes a range of life and supplemental health insurance products. Through its subsidiary brands—Globe Life, American Income Life, Liberty National Life, United American Insurance Company and Family Heritage Life—it offers term life, whole life, fixed annuities and supplemental health coverage designed to meet the needs of individuals and families across various socioeconomic segments.

The company’s product suite includes low-cost, easy-to-understand life insurance policies, accidental death and dismemberment coverage, hospital indemnity plans and specified disease insurance.