Globe Life Inc. $GL Shares Acquired by Schroder Investment Management Group

Key Points

• Schroder Investment Management boosted its stake in Globe Life by 15.7% in Q3 to 174,303 shares (about $25.0M), and institutional investors now own 81.61% of the company.
• Analysts hold a consensus of "Moderate Buy" with an average target of $171.33 (eight Buys, two Holds) and recent price targets ranging roughly $157–$176.
• Globe Life raised its quarterly dividend to $0.33 (annualized $1.32, ~1.0% yield), but insiders have been net sellers (92,186 shares in the last 90 days), and the firm slightly missed quarterly EPS estimates while guiding FY2026 EPS to 14.95–15.65.

Schroder Investment Management Group boosted its holdings in Globe Life Inc. (NYSE:GL - Free Report) by 15.7% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 174,303 shares of the company's stock after buying an additional 23,678 shares during the quarter. Schroder Investment Management Group owned 0.22% of Globe Life worth $25,016,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of GL. Invesco Ltd. grew its holdings in shares of Globe Life by 3.9% in the 2nd quarter. Invesco Ltd. now owns 3,921,439 shares of the company's stock worth $487,396,000 after acquiring an additional 147,644 shares during the last quarter. Geode Capital Management LLC raised its position in shares of Globe Life by 2.9% during the second quarter. Geode Capital Management LLC now owns 2,722,768 shares of the company's stock worth $339,875,000 after purchasing an additional 76,995 shares during the period. Dimensional Fund Advisors LP lifted its holdings in shares of Globe Life by 2.9% during the third quarter. Dimensional Fund Advisors LP now owns 2,076,232 shares of the company's stock valued at $296,841,000 after purchasing an additional 59,353 shares during the last quarter. AQR Capital Management LLC lifted its holdings in shares of Globe Life by 98.6% during the second quarter. AQR Capital Management LLC now owns 1,402,690 shares of the company's stock valued at $174,340,000 after purchasing an additional 696,548 shares during the last quarter. Finally, Norges Bank acquired a new position in shares of Globe Life in the 2nd quarter valued at $157,722,000. Institutional investors own 81.61% of the company's stock.

Analyst Upgrades and Downgrades

A number of brokerages recently weighed in on GL. Wells Fargo & Company lifted 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, February 25th. Evercore set a $157.00 price objective on shares of Globe Life in a research note on Wednesday, February 18th. Piper Sandler reiterated an "overweight" rating and issued a $167.00 target price on shares of Globe Life in a report on Friday, November 21st. TD Cowen reissued a "buy" rating on shares of Globe Life in a research report on Thursday, December 11th. Finally, Morgan Stanley restated an "overweight" rating and set a $176.00 price target on shares of Globe Life in a report on Monday, December 15th. Eight research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $171.33.

Globe Life Price Performance

Shares of GL opened at $138.68 on Friday. The business's 50-day moving average is $142.07 and its 200-day moving average is $139.02. The company has a debt-to-equity ratio of 0.39, a current ratio of 0.07 and a quick ratio of 0.07. The company has a market capitalization of $10.91 billion, a price-to-earnings ratio of 9.85 and a beta of 0.46. Globe Life Inc. has a fifty-two week low of $109.38 and a fifty-two week high of $152.71.

Globe Life (NYSE:GL - Get Free Report) last posted its quarterly earnings results on Wednesday, February 4th. The company reported $3.39 EPS for the quarter, missing the consensus estimate of $3.44 by ($0.05). Globe Life had a return on equity of 21.30% and a net margin of 19.37%.The company had revenue of $1.52 billion for the quarter, compared to analyst estimates of $1.53 billion. During the same quarter in the prior year, the business posted $3.14 earnings per share. The business's revenue for the quarter was up 3.6% compared to the same quarter last year. Globe Life has set its FY 2026 guidance at 14.950-15.650 EPS. Equities research analysts expect that Globe Life Inc. will post 13.87 EPS for the current fiscal year.

Globe Life Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, May 1st. Shareholders of record on Friday, April 3rd will be paid a dividend of $0.33 per share. This is an increase from Globe Life's previous quarterly dividend of $0.27. The ex-dividend date of this dividend is Thursday, April 2nd. This represents a $1.32 dividend on an annualized basis and a dividend yield of 1.0%. Globe Life's dividend payout ratio (DPR) is 7.67%.

Insider Buying and Selling at Globe Life

In other news, Director Mark A. Blinn sold 1,750 shares of the business's stock in a transaction on Friday, February 6th. The shares were sold at an average price of $147.91, for a total transaction of $258,842.50. Following the transaction, the director directly owned 3,372 shares in the company, valued at $498,752.52. The trade was a 34.17% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, CEO Frank M. Svoboda sold 12,500 shares of the company's stock in a transaction on Tuesday, February 17th. The stock was sold at an average price of $144.78, for a total transaction of $1,809,750.00. Following the completion of the transaction, the chief executive officer directly owned 35,868 shares in the company, valued at $5,192,969.04. This trade represents a 25.84% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 92,186 shares of company stock worth $13,358,379 over the last 90 days. 1.51% of the stock is currently owned by insiders.

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.

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