Sustainable Insight Capital Management LLC Purchases Shares of 17,700 Globe Life Inc. $GL

Sustainable Insight Capital Management LLC purchased a new stake in shares of Globe Life Inc. (NYSE:GL) in the first quarter, according to its most recent 13F filing with the SEC. The fund purchased 17,700 shares of the company’s stock, valued at approximately $2,463,000.

Several other institutional investors have also recently made changes to their positions in GL. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its stake in Globe Life by 6.9% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 9,391 shares of the company’s stock valued at $1,237,000 after buying an additional 607 shares during the period. NewEdge Advisors LLC increased its position in shares of Globe Life by 368.1% in the first quarter. NewEdge Advisors LLC now owns 6,806 shares of the company’s stock worth $897,000 after purchasing an additional 5,352 shares during the last quarter. Goldman Sachs Group Inc. raised its stake in Globe Life by 11.5% in the first quarter. Goldman Sachs Group Inc. now owns 563,021 shares of the company’s stock valued at $74,161,000 after purchasing an additional 58,163 shares in the last quarter. Empowered Funds LLC purchased a new stake in Globe Life in the first quarter valued at approximately $428,000. Finally, Focus Partners Wealth lifted its position in Globe Life by 8.3% during the first quarter. Focus Partners Wealth now owns 8,559 shares of the company’s stock valued at $1,127,000 after purchasing an additional 656 shares during the last quarter. Institutional investors own 81.61% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts have recently commented on GL shares. Piper Sandler increased their price target on shares of Globe Life from $175.00 to $200.00 and gave the stock an “overweight” rating in a report on Wednesday, July 15th. JPMorgan Chase & Co. lifted their price objective on shares of Globe Life from $181.00 to $201.00 and gave the stock an “overweight” rating in a report on Tuesday. Wells Fargo & Company upped their target price on shares of Globe Life from $172.00 to $193.00 and gave the stock an “overweight” rating in a research report on Thursday, July 9th. Truist Financial increased their target price on Globe Life from $180.00 to $185.00 and gave the company a “buy” rating in a research note on Friday, April 24th. Finally, Jefferies Financial Group raised 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. One equities research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and three have issued a Hold rating to the company’s stock. According to data from MarketBeat, Globe Life currently has a consensus rating of “Moderate Buy” and a consensus target price of $187.40.

Globe Life Trading Up 1.5%

NYSE GL opened at $173.64 on Friday. The firm has a market cap of $13.48 billion, a PE ratio of 11.53 and a beta of 0.47. Globe Life Inc. has a 1-year low of $127.85 and a 1-year high of $191.55. The stock has a 50-day moving average of $169.07 and a 200-day moving average of $152.91. The company has a current ratio of 0.07, a quick ratio of 0.07 and a debt-to-equity ratio of 0.38.

Globe Life (NYSE:GL) last posted 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). The company had revenue of $1.60 billion for the quarter, compared to the consensus estimate of $1.59 billion. Globe Life had a return on equity of 20.73% and a net margin of 19.58%.Globe Life’s revenue was up 8.0% compared to the same quarter last year. During the same quarter in the previous year, the business earned $3.05 earnings per share. Globe Life has set its FY 2026 guidance at 15.550-15.950 EPS. As a group, sell-side analysts forecast that Globe Life Inc. will post 15.67 EPS for the current year.

Globe Life Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, July 31st. Stockholders of record on Monday, July 6th will be paid a dividend of $0.33 per share. This represents a $1.32 dividend on an annualized basis and a dividend yield of 0.8%. The ex-dividend date of this dividend is Monday, July 6th. Globe Life’s dividend payout ratio is 8.76%.

Key Stories Impacting Globe Life

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

• Positive Sentiment: Keefe, Bruyette & Woods trimmed its price target only modestly to $190 from $192 and kept an outperform rating, implying roughly 9% upside from recent levels. Benzinga article
• Positive Sentiment: TD Cowen also reiterated a bullish view, forecasting strong price appreciation for Globe Life (GL). American Banking News article
• Positive Sentiment: Management raised its 2026 net operating EPS guidance to $15.55-$15.95 and lifted share repurchases to $670 million-$700 million, signaling confidence in future earnings and capital returns. Seeking Alpha article
• Neutral Sentiment: Globe Life’s Q2 revenue came in roughly in line with expectations, and underwriting income remained strong, showing the core business is still performing acceptably despite some headwinds. Reuters article
• Negative Sentiment: Q2 earnings of $3.61 per share missed the consensus estimate of $3.67, and several reports pointed to softer sales and rising expenses as reasons for investor concern. MSN article

Insider Activity

In other news, CFO Thomas Peter Kalmbach sold 15,637 shares of the firm’s stock in a transaction that occurred on Monday, May 11th. The shares were sold at an average price of $153.65, for a total value of $2,402,625.05. Following the transaction, the chief financial officer owned 45,335 shares in the company, valued at approximately $6,965,722.75. This trade represents a 25.65% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible 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 sale, the chief executive officer owned 58,451 shares of the company’s stock, 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 90,187 shares of company stock worth $14,299,874 over the last ninety days. Company insiders own 2.11% of the company’s stock.

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.