Globe Life (NYSE:GL) CEO James Matthew Darden Sells 9,527 Shares of Stock

Globe Life Inc. (NYSE:GL) CEO James Matthew Darden sold 9,527 shares of Globe Life stock in a transaction that occurred on Friday, February 27th. The shares were sold at an average price of $144.34, for a total transaction of $1,375,127.18. Following the transaction, the chief executive officer directly owned 53,860 shares in the company, valued at $7,774,152.40. This represents a 15.03% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.

Globe Life Stock Performance

Shares of NYSE GL opened at $145.32 on Friday. The stock has a market cap of $11.57 billion, a PE ratio of 10.32 and a beta of 0.47. Globe Life Inc. has a 1 year low of $109.38 and a 1 year high of $152.71. The firm has a fifty day moving average price of $141.88 and a 200-day moving average price of $138.73. 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 released its earnings results on Wednesday, February 4th. The company reported $3.39 earnings per share for the quarter, missing analysts’ consensus estimates 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 net margin of 19.37% and a return on equity of 21.75%. The firm’s quarterly revenue was up 3.6% compared to the same quarter last year. During the same quarter last year, the firm posted $3.14 EPS. Globe Life has set its FY 2026 guidance at 14.950-15.650 EPS. Equities analysts anticipate that Globe Life Inc. will post 13.87 earnings per share for the current fiscal year.

Globe Life Increases Dividend

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

Key Stories 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

Institutional Investors Weigh In On Globe Life

A number of hedge funds have recently bought and sold shares of the business. Synergy Asset Management LLC lifted its stake in shares of Globe Life by 1,022.7% in the 3rd quarter. Synergy Asset Management LLC now owns 100,603 shares of the company’s stock valued at $14,240,000 after purchasing an additional 91,642 shares during the last quarter. Allianz Asset Management GmbH raised its holdings in Globe Life by 55.2% during the 3rd quarter. Allianz Asset Management GmbH now owns 82,263 shares of the company’s stock valued at $11,761,000 after buying an additional 29,256 shares during the period. Retirement Systems of Alabama bought a new stake in Globe Life in the third quarter worth $2,470,000. SteelPeak Wealth LLC bought a new stake in Globe Life in the third quarter worth $2,985,000. Finally, MGO One Seven LLC purchased a new position in Globe Life during the third quarter worth $1,364,000. Hedge funds and other institutional investors own 81.61% of the company’s stock.

Wall Street Analysts Forecast Growth

GL has been the subject of several recent analyst reports. Wells Fargo & Company upped their price target on Globe Life from $170.00 to $171.00 and gave the stock an “overweight” rating in a research note on Wednesday. Piper Sandler reissued an “overweight” rating and issued a $167.00 target price on shares of Globe Life in a report on Friday, November 21st. Truist Financial upped their target price on shares of Globe Life from $158.00 to $180.00 and gave the stock a “buy” rating in a research report on Friday, February 6th. Weiss Ratings upgraded shares of Globe Life from a “hold (c+)” rating to a “buy (b-)” rating in a report on Friday, February 13th. Finally, TD Cowen reiterated a “buy” rating on shares of Globe Life in a research note on Thursday, December 11th. Eight equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat.com, Globe Life has an average 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.