Globant S.A. $GLOB Shares Acquired by Citigroup Inc.

Citigroup Inc. increased its position in shares of Globant S.A. (NYSE:GLOB) by 106.7% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 324,199 shares of the information technology services provider’s stock after acquiring an additional 167,341 shares during the quarter. Citigroup Inc. owned approximately 0.74% of Globant worth $18,603,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also recently bought and sold shares of GLOB. ARGA Investment Management LP boosted its holdings in Globant by 14,073.7% in the 3rd quarter. ARGA Investment Management LP now owns 2,057,594 shares of the information technology services provider’s stock valued at $118,065,000 after purchasing an additional 2,043,077 shares during the last quarter. Invesco Ltd. raised its position in shares of Globant by 199.1% during the 2nd quarter. Invesco Ltd. now owns 2,827,155 shares of the information technology services provider’s stock valued at $256,819,000 after buying an additional 1,881,940 shares during the period. Alliancebernstein L.P. lifted its holdings in Globant by 6,875.8% in the second quarter. Alliancebernstein L.P. now owns 929,245 shares of the information technology services provider’s stock valued at $84,413,000 after acquiring an additional 915,924 shares during the last quarter. Mitsubishi UFJ Trust & Banking Corp grew its position in Globant by 218.8% in the second quarter. Mitsubishi UFJ Trust & Banking Corp now owns 432,602 shares of the information technology services provider’s stock worth $39,298,000 after acquiring an additional 296,888 shares during the period. Finally, Westfield Capital Management Co. LP increased its stake in Globant by 34.1% during the second quarter. Westfield Capital Management Co. LP now owns 1,100,526 shares of the information technology services provider’s stock worth $99,972,000 after acquiring an additional 280,081 shares during the last quarter. 91.60% of the stock is currently owned by institutional investors and hedge funds.

More Globant News

Here are the key news stories impacting Globant this week:

• Positive Sentiment: Management issued FY‑2026 EPS guidance of $6.10–$6.50 (consensus ~$5.67) and Q1‑2026 EPS guidance of $1.44–$1.54 (consensus ~$1.33); revenue guidance roughly in line with consensus — the better‑than‑expected EPS outlook is a key positive driver.
• Positive Sentiment: Q4 revenue beat consensus ($612.5M reported vs. ~$605.6M expected), while GAAP EPS was essentially inline at $1.54; the revenue beat plus constructive guidance likely lifted sentiment. Read More.
• Positive Sentiment: Industry recognition: Globant was named a Leader in two IDC MarketScape reports for worldwide experience services (2025), which supports competitive positioning and long‑term demand prospects. Read More.
• Neutral Sentiment: EPS met expectations (reported $1.54 vs. $1.54 consensus) — meeting the number reduces downside surprise risk but is not a positive catalyst on its own. Read More.
• Neutral Sentiment: Market coverage/preview pieces anticipated the print and noted the setup into the print; these previews help explain measured investor reaction post‑release. Read More.
• Neutral Sentiment: News outlets noted the stock’s intraday rise after the results and guidance, reflecting the market response. Read More.
• Negative Sentiment: Analyst/valuation pieces are reassessing Globant after a prior sharp share‑price pullback; continued concerns over valuation and longer‑term multiple compression could limit upside despite the positive guidance. Read More.

Globant Stock Performance

NYSE:GLOB opened at $46.89 on Friday. Globant S.A. has a 52 week low of $40.76 and a 52 week high of $155.00. The company has a fifty day simple moving average of $61.71 and a two-hundred day simple moving average of $62.40. The company has a quick ratio of 1.93, a current ratio of 1.93 and a debt-to-equity ratio of 0.16. The company has a market cap of $2.06 billion, a price-to-earnings ratio of 21.22, a price-to-earnings-growth ratio of 4.88 and a beta of 1.19.

Globant (NYSE:GLOB) last released its earnings results on Thursday, February 26th. The information technology services provider reported $1.54 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $1.54. Globant had a return on equity of 10.39% and a net margin of 4.01%.The firm had revenue of $612.47 million during the quarter, compared to analyst estimates of $605.61 million. During the same period last year, the business posted $1.75 earnings per share. Globant’s revenue was down 4.7% compared to the same quarter last year. Globant has set its Q1 2026 guidance at 1.440-1.540 EPS and its FY 2026 guidance at 6.100-6.500 EPS. As a group, equities analysts anticipate that Globant S.A. will post 5.73 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of research firms have recently weighed in on GLOB. Needham & Company LLC lowered their price target on Globant from $85.00 to $80.00 and set a “buy” rating for the company in a report on Friday, November 14th. William Blair reaffirmed an “outperform” rating on shares of Globant in a research note on Wednesday, December 31st. Weiss Ratings reiterated a “sell (d+)” rating on shares of Globant in a research report on Monday, December 29th. JPMorgan Chase & Co. decreased their price objective on shares of Globant from $75.00 to $68.00 and set a “neutral” rating on the stock in a report on Wednesday, February 18th. Finally, Canaccord Genuity Group dropped their target price on shares of Globant from $80.00 to $70.00 and set a “hold” rating for the company in a report on Friday, November 14th. Six research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $89.80.

About Globant

Globant is a digitally native technology services company founded in 2003 in Buenos Aires, Argentina. Specializing in software development and digital transformation, Globant partners with enterprises to conceive, design and engineer software products and platforms. The company leverages agile methodologies and proprietary delivery frameworks to accelerate projects in areas such as cloud migration, user experience design, data analytics, artificial intelligence and blockchain-enabled solutions.

Globant’s service offerings span strategy consulting, custom software engineering, digital experience design and managed services.