Globe Life Inc. $GL Position Decreased by Artisan Partners Limited Partnership

Artisan Partners Limited Partnership reduced its holdings in Globe Life Inc. (NYSE:GL) by 3.0% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 388,098 shares of the company’s stock after selling 12,093 shares during the quarter. Artisan Partners Limited Partnership owned 0.49% of Globe Life worth $55,486,000 at the end of the most recent quarter.

Other large investors have also recently added to or reduced their stakes in the company. Norges Bank bought a new position in shares of Globe Life in the second quarter valued at $157,722,000. AQR Capital Management LLC lifted its holdings in shares of Globe Life by 98.6% during the second quarter. AQR Capital Management LLC now owns 1,402,690 shares of the company’s stock valued at $174,340,000 after purchasing an additional 696,548 shares during the last quarter. Westfield Capital Management Co. LP acquired a new position in shares of Globe Life in the 3rd quarter valued at $61,569,000. Invesco Ltd. increased its stake in Globe Life by 3.9% in the 2nd quarter. Invesco Ltd. now owns 3,921,439 shares of the company’s stock worth $487,396,000 after purchasing an additional 147,644 shares in the last quarter. Finally, Candriam S.C.A. acquired a new stake in Globe Life during the 2nd quarter worth about $17,997,000. 81.61% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other Globe Life news, CEO Frank M. Svoboda sold 12,500 shares of the business’s stock in a transaction that occurred on Tuesday, February 17th. The shares were sold at an average price of $144.78, for a total value of $1,809,750.00. Following the completion of the sale, the chief executive officer directly owned 35,868 shares of the company’s stock, valued at $5,192,969.04. The trade was a 25.84% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, CMO Jennifer Allison Haworth sold 10,000 shares of the stock in a transaction on Thursday, February 12th. The stock was sold at an average price of $143.14, for a total transaction of $1,431,400.00. Following the transaction, the chief marketing officer owned 17,479 shares in the company, valued at approximately $2,501,944.06. This trade represents a 36.39% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 73,868 shares of company stock worth $10,700,437 in the last quarter. Corporate insiders own 1.51% of the company’s stock.

Key Headlines Impacting Globe Life

Here are the key news stories impacting Globe Life this week:

• Positive Sentiment: Board raised the quarterly dividend to $0.33 (22.2% increase) and announced two new board members — supports income-focused investors and signals confidence in cash flow. GLOBE LIFE INC. DECLARES DIVIDEND AND ANNOUNCES APPOINTMENT OF TWO NEW BOARD MEMBERS
• Positive Sentiment: Wells Fargo published a positive price-forecast note on Globe Life, which can attract buyers and lend near-term support to the share price. Wells Fargo & Company Issues Positive Forecast for Globe Life (NYSE:GL) Stock Price
• Neutral Sentiment: Globe Life Field booked for an Eagles concert, which forced a local high school to reschedule prom — shows strong event demand and venue utilization but has minimal direct impact on insurance operations. Eagles concert at Globe Life Field moves Texas high school’s prom night date How an Eagles concert at Globe Life Field bumped a North Texas high school prom
• Neutral Sentiment: GL was included in a Zacks piece highlighting high-ROE stocks as resilient plays; such coverage may raise investor interest but is not a company-specific catalyst. Buy 5 Stocks With High ROE as Markets Dance Whimsically to the AI Tune
• Negative Sentiment: CEO James Matthew Darden sold 9,527 shares (~15% reduction in his reported ownership), a sizable insider sale that can spook some investors. SEC Form 4 – Darden sale
• Negative Sentiment: EVP Robert Edward Hensley sold 712 shares (~7.7% reduction in his holding), another insider sale that adds to selling pressure signals. SEC Form 4 – Hensley sale
• Negative Sentiment: TipRanks flagged Globe Life’s rising allocation to alternative assets as increasing volatility, capital strain and liquidity risk — a potential medium-term headwind for valuation if realized. Globe Life’s Growing Alternative Asset Bets Raise Volatility, Capital Strain and Liquidity Risk

Globe Life Trading Down 0.5%

Shares of NYSE:GL opened at $145.32 on Friday. The firm has a fifty day moving average of $141.88 and a two-hundred day moving average of $138.73. The company has a quick ratio of 0.07, a current ratio of 0.07 and a debt-to-equity ratio of 0.41. Globe Life Inc. has a 12-month low of $109.38 and a 12-month high of $152.71. The firm has a market capitalization of $11.57 billion, a P/E ratio of 10.32 and a beta of 0.47.

Globe Life (NYSE:GL) last announced its quarterly earnings data on Wednesday, February 4th. The company reported $3.39 earnings per share (EPS) for the quarter, missing the consensus estimate of $3.44 by ($0.05). The firm had revenue of $1.52 billion for the quarter, compared to analysts’ expectations of $1.53 billion. Globe Life had a return on equity of 21.75% and a net margin of 19.37%.Globe Life’s revenue was up 3.6% on a year-over-year basis. During the same quarter in the prior year, the business posted $3.14 earnings per share. Globe Life has set its FY 2026 guidance at 14.950-15.650 EPS. On average, equities analysts expect that Globe Life Inc. will post 13.87 EPS for the current fiscal year.

Globe Life Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, May 1st. Stockholders of record on Friday, April 3rd will be issued a dividend of $0.33 per share. The ex-dividend date is Thursday, April 2nd. This represents a $1.32 annualized dividend and a dividend yield of 0.9%. This is a positive change from Globe Life’s previous quarterly dividend of $0.27. Globe Life’s dividend payout ratio is presently 7.67%.

Analysts Set New Price Targets

Several brokerages have commented on GL. Piper Sandler reiterated an “overweight” rating and issued a $167.00 target price on shares of Globe Life in a report on Friday, November 21st. Evercore set a $157.00 price objective on shares of Globe Life in a research note on Wednesday, February 18th. Weiss Ratings raised shares of Globe Life from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Friday, February 13th. TD Cowen reaffirmed a “buy” rating on shares of Globe Life in a research report on Thursday, December 11th. Finally, Truist Financial lifted their price target on Globe Life from $158.00 to $180.00 and gave the company a “buy” rating in a report on Friday, February 6th. Eight analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat.com, Globe Life has a consensus rating of “Moderate Buy” and an average price target of $171.33.

Globe Life Company 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.