Inspire Investing LLC Acquires Shares of 7,428 Globe Life Inc. $GL

Inspire Investing LLC bought a new position in Globe Life Inc. (NYSE:GL) during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 7,428 shares of the company’s stock, valued at approximately $1,062,000.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Global Assets Advisory LLC bought a new position in Globe Life in the 2nd quarter worth about $25,000. AdvisorNet Financial Inc increased its stake in Globe Life by 60.0% during the 2nd quarter. AdvisorNet Financial Inc now owns 224 shares of the company’s stock valued at $28,000 after purchasing an additional 84 shares in the last quarter. CYBER HORNET ETFs LLC purchased a new position in Globe Life in the second quarter worth about $28,000. Assetmark Inc. raised its holdings in Globe Life by 777.8% in the second quarter. Assetmark Inc. now owns 237 shares of the company’s stock worth $29,000 after buying an additional 210 shares during the last quarter. Finally, MUFG Securities EMEA plc bought a new position in shares of Globe Life in the second quarter worth approximately $31,000. 81.61% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several brokerages recently weighed in on GL. Morgan Stanley reissued an “overweight” rating and set a $176.00 price target on shares of Globe Life in a research report on Monday, December 15th. Piper Sandler reiterated an “overweight” rating and set a $167.00 target price on shares of Globe Life in a research note on Friday, November 21st. TD Cowen lifted their target price on Globe Life from $182.00 to $199.00 and gave the stock a “buy” rating in a report on Thursday, December 11th. Wells Fargo & Company decreased their price target on Globe Life from $172.00 to $170.00 and set an “overweight” rating for the company in a research note on Friday, October 24th. Finally, Weiss Ratings raised Globe Life from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Monday. Ten analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $164.89.

Insider Buying and Selling at Globe Life

In other news, CEO Frank M. Svoboda sold 9,379 shares of the stock in a transaction that occurred on Tuesday, December 16th. The shares were sold at an average price of $140.43, for a total value of $1,317,092.97. Following the transaction, the chief executive officer owned 35,868 shares in the company, valued at $5,036,943.24. This represents a 20.73% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 1.51% of the stock is owned by company insiders.

Globe Life Price Performance

Shares of GL opened at $143.50 on Friday. The firm has a fifty day simple moving average of $134.73 and a two-hundred day simple moving average of $133.69. The firm has a market cap of $11.42 billion, a PE ratio of 10.40 and a beta of 0.48. The company has a current ratio of 0.07, a quick ratio of 0.07 and a debt-to-equity ratio of 0.41. Globe Life Inc. has a 1-year low of $107.25 and a 1-year high of $147.83.

Globe Life (NYSE:GL) last released its quarterly earnings results on Wednesday, October 22nd. The company reported $4.81 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $4.54 by $0.27. Globe Life had a return on equity of 21.81% and a net margin of 19.36%.The firm had revenue of $1.51 billion for the quarter, compared to the consensus estimate of $1.52 billion. During the same period last year, the business posted $3.44 EPS. Globe Life has set its FY 2026 guidance at 14.600-15.300 EPS and its FY 2025 guidance at 14.400-14.600 EPS. On average, equities analysts anticipate that Globe Life Inc. will post 13.87 EPS for the current year.

Globe Life Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, January 30th. Stockholders of record on Monday, January 5th will be given a dividend of $0.27 per share. The ex-dividend date of this dividend is Monday, January 5th. This represents a $1.08 annualized dividend and a dividend yield of 0.8%. Globe Life’s dividend payout ratio is presently 7.83%.

Globe Life 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.