Hsbc Holdings PLC Lowers Stock Holdings in Globe Life Inc. $GL

Hsbc Holdings PLC reduced its position in Globe Life Inc. (NYSE:GL) by 10.6% in the first quarter, Holdings Channel.com reports. The fund owned 116,256 shares of the company’s stock after selling 13,741 shares during the quarter. Hsbc Holdings PLC’s holdings in Globe Life were worth $16,175,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Sumitomo Mitsui Trust Group Inc. increased its holdings in Globe Life by 14.0% during the 1st quarter. Sumitomo Mitsui Trust Group Inc. now owns 7,042 shares of the company’s stock worth $980,000 after acquiring an additional 864 shares during the period. CFS Investment Advisory Services LLC bought a new position in Globe Life in the 1st quarter valued at $206,000. Swedbank AB grew its position in shares of Globe Life by 15.3% during the 1st quarter. Swedbank AB now owns 1,109,200 shares of the company’s stock valued at $154,367,000 after purchasing an additional 147,200 shares in the last quarter. DGS Capital Management LLC increased its holdings in shares of Globe Life by 5.5% in the first quarter. DGS Capital Management LLC now owns 2,333 shares of the company’s stock worth $325,000 after purchasing an additional 121 shares during the period. Finally, QRG Capital Management Inc. bought a new position in shares of Globe Life in the first quarter worth $929,000. Hedge funds and other institutional investors own 81.61% of the company’s stock.

Key Headlines Impacting Globe Life

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

• Positive Sentiment: Globe Life reported second-quarter net operating income of $3.61 per share, up from $3.27 a year ago, while net income came in at $3.65 per share, showing continued year-over-year earnings growth. GLOBE LIFE INC. REPORTS SECOND QUARTER 2026 RESULTS
• Positive Sentiment: Revenue of $1.60 billion slightly beat Wall Street expectations, suggesting the company is still growing its top line despite the earnings miss. View Press Release
• Positive Sentiment: TD Cowen raised its price target on Globe Life to $225 and kept a buy rating, while JPMorgan lifted its target to $201 with an overweight rating, signaling analyst confidence in the stock’s outlook. Benzinga
• Neutral Sentiment: Globe Life updated its FY 2026 EPS guidance to $15.55-$15.95, which brackets the consensus estimate of $15.65 and suggests management is generally reaffirming its full-year outlook. GLOBE LIFE INC. REPORTS SECOND QUARTER 2026 RESULTS
• Negative Sentiment: The quarter’s EPS of $3.61 missed the analyst consensus of $3.67 by $0.06, which may limit upside for the shares despite the stronger revenue performance. View Press Release

Insiders Place Their Bets

In other news, EVP Michael Clay Majors sold 34,000 shares of the business’s stock in a transaction that occurred on Friday, April 24th. The shares were sold at an average price of $153.81, for a total value of $5,229,540.00. Following the completion of the sale, the executive vice president directly owned 53,518 shares in the company, valued at approximately $8,231,603.58. The trade was a 38.85% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, CEO James Matthew Darden sold 4,663 shares of the company’s stock in a transaction on Tuesday, April 28th. The shares were sold at an average price of $153.88, for a total transaction of $717,542.44. Following the completion of the sale, the chief executive officer directly owned 58,451 shares of the company’s stock, valued at $8,994,439.88. This trade represents a 7.39% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 124,187 shares of company stock valued at $19,529,414 over the last 90 days. Company insiders own 2.11% of the company’s stock.

Analyst Ratings Changes

GL has been the topic of a number of recent analyst reports. Piper Sandler lifted their price objective on Globe Life from $175.00 to $200.00 and gave the company an “overweight” rating in a research note on Wednesday, July 15th. Truist Financial upped their target price on Globe Life from $180.00 to $185.00 and gave the stock a “buy” rating in a research note on Friday, April 24th. Wells Fargo & Company raised their price target on Globe Life from $172.00 to $193.00 and gave the company an “overweight” rating in a report on Thursday, July 9th. Jefferies Financial Group lifted their price target on Globe Life from $147.00 to $166.00 and gave the company a “hold” rating in a research report on Friday, July 10th. Finally, TD Cowen boosted their price objective on Globe Life from $215.00 to $225.00 and gave the stock a “buy” rating in a report on Wednesday. One investment analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and three have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $187.60.

Globe Life Stock Down 0.3%

GL opened at $183.71 on Thursday. The business’s fifty day simple moving average is $168.37 and its 200 day simple moving average is $152.54. Globe Life Inc. has a 52 week low of $122.48 and a 52 week high of $191.55. The company has a quick ratio of 0.07, a current ratio of 0.07 and a debt-to-equity ratio of 0.38. The stock has a market cap of $14.26 billion, a PE ratio of 12.70 and a beta of 0.47.

Globe Life (NYSE:GL) last issued its quarterly earnings results on Wednesday, July 22nd. The company reported $3.61 earnings per share (EPS) for the quarter, missing the consensus estimate of $3.67 by ($0.06). Globe Life had a return on equity of 20.94% and a net margin of 19.38%.The firm had revenue of $1.60 billion for the quarter, compared to the consensus estimate of $1.59 billion. During the same period last year, the firm earned $3.05 EPS. The company’s revenue for the quarter was up 8.0% on a year-over-year basis. Globe Life has set its FY 2026 guidance at 15.550-15.950 EPS. As a group, research analysts expect that Globe Life Inc. will post 15.64 earnings per share for the current fiscal year.

Globe Life Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, July 31st. Investors of record on Monday, July 6th will be given a $0.33 dividend. The ex-dividend date is Monday, July 6th. This represents a $1.32 dividend on an annualized basis and a yield of 0.7%. Globe Life’s payout ratio is presently 9.13%.

About Globe Life

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.