Rep. Lisa C. McClain Sells Off Shares of Globe Life Inc. (NYSE:GL)

Key Points

• Representative Lisa C. McClain sold between $1,001 and $15,000 in Globe Life Inc. shares on July 10th, as disclosed in a filing.
• Globe Life reported quarterly earnings with an EPS of $3.27, exceeding expectations, though revenue was slightly below forecasts at $1.48 billion.
• The company declared a quarterly dividend of $0.27, to be paid on October 31st, with a total annualized dividend of $1.08 and a yield of 0.8%.

Representative Lisa C. McClain (R-Michigan) recently sold shares of Globe Life Inc. NYSE: GL. In a filing disclosed on August 13th, the Representative disclosed that they had sold between $1,001 and $15,000 in Globe Life stock on July 10th. The trade occurred in the Representative's "CHARLES SCHWAB BROKERAGE ACCOUNT 924" account.

Representative Lisa C. McClain also recently made the following trade(s):

• Sold $1,001 - $15,000 in shares of Autoliv NYSE: ALV on 8/4/2025.
• Sold $1,001 - $15,000 in shares of Amazon.com NASDAQ: AMZN on 8/4/2025.
• Sold $1,001 - $15,000 in shares of Applied Materials NASDAQ: AMAT on 8/4/2025.
• Sold $1,001 - $15,000 in shares of Arthur J. Gallagher & Co. NYSE: AJG on 8/4/2025.
• Sold $1,001 - $15,000 in shares of SAP NYSE: SAP on 7/22/2025.
• Purchased $1,001 - $15,000 in shares of XPO NYSE: XPO on 7/22/2025.
• Purchased $1,001 - $15,000 in shares of Lithia Motors NYSE: LAD on 7/22/2025.
• Sold $1,001 - $15,000 in shares of Sanofi NASDAQ: SNY on 7/22/2025.
• Sold $1,001 - $15,000 in shares of Waters NYSE: WAT on 7/22/2025.
• Purchased $1,001 - $15,000 in shares of Group 1 Automotive NYSE: GPI on 7/22/2025.

Globe Life Price Performance

Shares of NYSE:GL traded up $0.8110 during trading on Thursday, reaching $139.9110. 142,166 shares of the company traded hands, compared to its average volume of 654,163. The company's 50 day moving average is $128.00 and its two-hundred day moving average is $124.62. The firm has a market capitalization of $11.33 billion, a PE ratio of 11.19 and a beta of 0.56. The company has a quick ratio of 0.06, a current ratio of 0.06 and a debt-to-equity ratio of 0.43. Globe Life Inc. has a 52 week low of $97.48 and a 52 week high of $144.00.

Globe Life (NYSE:GL - Get Free Report) last released its earnings results on Wednesday, July 23rd. The company reported $3.27 earnings per share for the quarter, beating analysts' consensus estimates of $3.25 by $0.02. The firm had revenue of $1.48 billion during the quarter, compared to the consensus estimate of $1.50 billion. Globe Life had a return on equity of 21.24% and a net margin of 18.11%.The company's revenue was up 2.9% compared to the same quarter last year. During the same period in the prior year, the company posted $2.97 EPS. Globe Life has set its FY 2025 guidance at 14.250-14.650 EPS. As a group, sell-side analysts predict that Globe Life Inc. will post 13.87 earnings per share for the current year.

Globe Life Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, October 31st. Stockholders of record on Friday, October 3rd will be given a dividend of $0.27 per share. This represents a $1.08 dividend on an annualized basis and a dividend yield of 0.8%. The ex-dividend date is Friday, October 3rd. Globe Life's dividend payout ratio is presently 8.63%.

Analyst Upgrades and Downgrades

A number of analysts have recently weighed in on GL shares. JPMorgan Chase & Co. upped their target price on Globe Life from $145.00 to $160.00 and gave the company an "overweight" rating in a research report on Tuesday, July 8th. Morgan Stanley upped their target price on Globe Life from $166.00 to $171.00 and gave the company an "overweight" rating in a research report on Monday. Truist Financial began coverage on Globe Life in a research report on Tuesday, July 15th. They set a "buy" rating and a $150.00 target price for the company. Cfra Research upgraded Globe Life to a "moderate buy" rating in a research report on Friday, July 25th. Finally, Wall Street Zen upgraded Globe Life from a "hold" rating to a "buy" rating in a research report on Friday, May 16th. One research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and two have issued a Hold rating to the company's stock. Based on data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $152.45.

Insider Transactions at Globe Life

In other Globe Life news, CEO James Matthew Darden sold 33,270 shares of the company's stock in a transaction dated Friday, July 25th. The stock was sold at an average price of $135.59, for a total value of $4,511,079.30. Following the completion of the transaction, the chief executive officer owned 49,842 shares of the company's stock, valued at $6,758,076.78. This represents a 40.03% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, EVP Michael Clay Majors sold 10,000 shares of the company's stock in a transaction dated Friday, August 1st. The stock was sold at an average price of $137.41, for a total value of $1,374,100.00. Following the completion of the transaction, the executive vice president directly owned 47,066 shares of the company's stock, valued at approximately $6,467,339.06. The trade was a 17.52% decrease in their position. The disclosure for this sale can be found here. Insiders sold 84,722 shares of company stock worth $11,733,793 in the last 90 days. 1.51% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Globe Life

A number of institutional investors and hedge funds have recently bought and sold shares of the company. Geneos Wealth Management Inc. increased its holdings in Globe Life by 82.6% in the 2nd quarter. Geneos Wealth Management Inc. now owns 6,788 shares of the company's stock worth $844,000 after purchasing an additional 3,071 shares in the last quarter. CYBER HORNET ETFs LLC acquired a new position in Globe Life in the 2nd quarter worth about $28,000. Headlands Technologies LLC increased its holdings in Globe Life by 893.6% in the 2nd quarter. Headlands Technologies LLC now owns 775 shares of the company's stock worth $96,000 after purchasing an additional 697 shares in the last quarter. CANADA LIFE ASSURANCE Co increased its holdings in Globe Life by 1.2% in the 2nd quarter. CANADA LIFE ASSURANCE Co now owns 54,772 shares of the company's stock worth $6,817,000 after purchasing an additional 672 shares in the last quarter. Finally, MUFG Securities EMEA plc acquired a new position in Globe Life in the 2nd quarter worth about $31,000. Institutional investors and hedge funds own 81.61% of the company's stock.

About Representative McClain

Lisa McClain (Republican Party) is a member of the U.S. House, representing Michigan's 9th Congressional District. She assumed office on January 3, 2023. Her current term ends on January 3, 2027. McClain (Republican Party) is running for re-election to the U.S. House to represent Michigan's 9th Congressional District. She declared candidacy for the 2026 election. Lisa McClain lives in Romeo, Michigan. McClain earned a bachelor's degree in business administration from Northwood University. Her career experience includes founding and working as the president of North End Support Team.

About Globe Life

Globe Life Inc, through its subsidiaries, provides various life and supplemental health insurance products, and annuities to lower middle- and middle-income families in the United States. The company operates in four segments: Life Insurance, Supplemental Health Insurance, Annuities, and Investments.