Border to Coast Pensions Partnership Ltd Has $15.94 Million Holdings in Globant S.A. $GLOB

Key Points

• Border to Coast raised its stake in Globant by 13.6% to 243,324 shares, worth $15.94 million (about 0.55% of the company) at quarter end.
• Globant reported Q4 EPS of $1.54 (in line with estimates) and revenue of $612.5M (slightly above consensus) but revenue was down 4.7% year‑over‑year; management guided Q1 2026 EPS to 1.44–1.54 and FY2026 EPS to 6.10–6.50.
• Analysts are mixed—the consensus rating is Hold (8 Buys, 10 Holds, 1 Sell) with an average target of $79.12—while the stock trades near $48.77 (market cap ~$2.14B) and a 12‑month range of $40.76–$142.24.

Border to Coast Pensions Partnership Ltd raised its position in Globant S.A. (NYSE:GLOB - Free Report) by 13.6% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 243,324 shares of the information technology services provider's stock after purchasing an additional 29,157 shares during the quarter. Border to Coast Pensions Partnership Ltd owned 0.55% of Globant worth $15,935,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of the company. GAMMA Investing LLC lifted its holdings in shares of Globant by 34.3% in the fourth quarter. GAMMA Investing LLC now owns 712 shares of the information technology services provider's stock valued at $47,000 after purchasing an additional 182 shares in the last quarter. Signaturefd LLC lifted its holdings in shares of Globant by 65.1% in the fourth quarter. Signaturefd LLC now owns 482 shares of the information technology services provider's stock valued at $32,000 after purchasing an additional 190 shares in the last quarter. CWM LLC lifted its holdings in shares of Globant by 35.4% in the third quarter. CWM LLC now owns 861 shares of the information technology services provider's stock valued at $49,000 after purchasing an additional 225 shares in the last quarter. State of Wyoming lifted its holdings in shares of Globant by 38.9% in the third quarter. State of Wyoming now owns 1,225 shares of the information technology services provider's stock valued at $70,000 after purchasing an additional 343 shares in the last quarter. Finally, Geneos Wealth Management Inc. lifted its holdings in shares of Globant by 352.0% in the third quarter. Geneos Wealth Management Inc. now owns 452 shares of the information technology services provider's stock valued at $26,000 after purchasing an additional 352 shares in the last quarter. 91.60% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of brokerages have recently commented on GLOB. Weiss Ratings restated a "sell (d+)" rating on shares of Globant in a report on Monday, December 29th. Wells Fargo & Company cut their price target on Globant from $57.00 to $50.00 and set an "equal weight" rating on the stock in a report on Friday, March 27th. Truist Financial began coverage on Globant in a report on Tuesday, January 6th. They issued a "hold" rating and a $72.00 price target on the stock. Wedbush began coverage on Globant in a report on Thursday, April 9th. They issued an "outperform" rating and a $61.00 price target on the stock. Finally, UBS Group restated a "neutral" rating and issued a $75.00 price target on shares of Globant in a report on Monday, January 19th. Eight investment analysts have rated the stock with a Buy rating, ten have issued a Hold rating and one has assigned a Sell rating to the company's stock. According to data from MarketBeat.com, the company has an average rating of "Hold" and an average target price of $79.12.

Globant Price Performance

Shares of NYSE GLOB opened at $48.77 on Thursday. The business's 50 day moving average price is $47.92 and its two-hundred day moving average price is $58.31. The company has a market cap of $2.14 billion, a PE ratio of 21.30, a price-to-earnings-growth ratio of 1.67 and a beta of 1.22. The company has a quick ratio of 1.64, a current ratio of 1.64 and a debt-to-equity ratio of 0.16. Globant S.A. has a twelve month low of $40.76 and a twelve month high of $142.24.

Globant (NYSE:GLOB - Get Free Report) last announced its quarterly earnings results on Thursday, February 26th. The information technology services provider reported $1.54 earnings per share for the quarter, hitting analysts' consensus estimates of $1.54. The firm had revenue of $612.47 million for the quarter, compared to the consensus estimate of $605.61 million. Globant had a return on equity of 9.98% and a net margin of 4.19%.The business's revenue was down 4.7% compared to the same quarter last year. During the same quarter in the previous year, the business earned $1.75 earnings per share. Globant has set its Q1 2026 guidance at 1.440-1.540 EPS and its FY 2026 guidance at 6.100-6.500 EPS. On average, analysts predict that Globant S.A. will post 5.73 EPS for the current year.

Globant Company Profile

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.

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