AYAL Capital Advisors Ltd Purchases New Position in Globe Life Inc. $GL

AYAL Capital Advisors Ltd acquired a new position in Globe Life Inc. (NYSE:GL) in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 43,000 shares of the company’s stock, valued at approximately $5,344,000. Globe Life accounts for about 1.3% of AYAL Capital Advisors Ltd’s holdings, making the stock its 19th largest position. AYAL Capital Advisors Ltd owned 0.05% of Globe Life as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Global Assets Advisory LLC purchased a new stake in shares of Globe Life during the second quarter worth $25,000. AdvisorNet Financial Inc grew its position in shares of Globe Life by 60.0% in the second quarter. AdvisorNet Financial Inc now owns 224 shares of the company’s stock valued at $28,000 after purchasing an additional 84 shares in the last quarter. Assetmark Inc. raised its stake in shares of Globe Life by 777.8% during the 2nd quarter. Assetmark Inc. now owns 237 shares of the company’s stock valued at $29,000 after purchasing an additional 210 shares during the period. TD Private Client Wealth LLC purchased a new stake in Globe Life during the 2nd quarter worth about $39,000. Finally, AlphaCore Capital LLC lifted its holdings in Globe Life by 1,557.1% during the 2nd quarter. AlphaCore Capital LLC now owns 348 shares of the company’s stock worth $43,000 after purchasing an additional 327 shares in the last quarter. Institutional investors own 81.61% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts have weighed in on GL shares. Piper Sandler reaffirmed an “overweight” rating and set a $167.00 target price on shares of Globe Life in a report on Friday, November 21st. Truist Financial raised their price objective on shares of Globe Life from $150.00 to $158.00 and gave the company a “buy” rating in a research report on Friday, October 24th. TD Cowen upped their target price on shares of Globe Life from $182.00 to $199.00 and gave the stock a “buy” rating in a report on Thursday. Morgan Stanley lowered their target price on shares of Globe Life from $179.00 to $177.00 and set an “overweight” rating on the stock in a research note on Monday, November 17th. Finally, Wells Fargo & Company reduced their price target on shares of Globe Life from $172.00 to $170.00 and set an “overweight” rating for the company in a research report on Friday, October 24th. Nine research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $165.00.

Globe Life Stock Performance

NYSE:GL opened at $139.45 on Friday. Globe Life Inc. has a 1-year low of $103.71 and a 1-year high of $147.83. The company has a market capitalization of $11.10 billion, a price-to-earnings ratio of 10.10 and a beta of 0.48. The business has a 50 day moving average of $133.84 and a 200 day moving average of $132.45. The company has a debt-to-equity ratio of 0.41, a current ratio of 0.07 and a quick ratio of 0.07.

Globe Life (NYSE:GL) last posted its quarterly earnings results on Wednesday, October 22nd. The company reported $4.81 earnings per share for the quarter, topping the consensus estimate of $4.54 by $0.27. Globe Life had a net margin of 19.36% and a return on equity of 21.81%. The business had revenue of $1.51 billion during the quarter, compared to the consensus estimate of $1.52 billion. During the same period in the previous year, the firm posted $3.44 earnings per share. Globe Life has set its FY 2026 guidance at 14.600-15.300 EPS and its FY 2025 guidance at 14.400-14.600 EPS. On average, sell-side analysts predict that Globe Life Inc. will post 13.87 earnings per share for the current fiscal year.

Globe Life Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, January 30th. Investors of record on Monday, January 5th will be given a dividend of $0.27 per share. This represents a $1.08 annualized dividend and a yield of 0.8%. The ex-dividend date is Monday, January 5th. Globe Life’s dividend payout ratio (DPR) is presently 7.83%.

Globe Life Profile

Globe Life Inc, through its subsidiaries, provides various life and supplemental health insurance products, and annuities to lower middle- and middle-income families in the United States. The company operates in four segments: Life Insurance, Supplemental Health Insurance, Annuities, and Investments.