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 Stock Performance
GL stock opened at $135.46 on Friday. The business's fifty day moving average is $126.98 and its 200-day moving average is $124.31. The company has a quick ratio of 0.06, a current ratio of 0.06 and a debt-to-equity ratio of 0.43. The company has a market cap of $10.97 billion, a P/E ratio of 10.83 and a beta of 0.56. Globe Life Inc. has a twelve month low of $96.11 and a twelve month high of $144.00.
Globe Life (NYSE:GL - Get Free Report) last issued its quarterly earnings data on Wednesday, July 23rd. The company reported $3.27 EPS for the quarter, topping the consensus estimate of $3.25 by $0.02. The business had revenue of $1.48 billion for 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 firm's revenue was up 2.9% compared to the same quarter last year. During the same quarter last year, the business posted $2.97 EPS. Equities research analysts forecast that Globe Life Inc. will post 13.87 EPS for the current year.
Globe Life Dividend Announcement
The business also recently declared a quarterly dividend, which will be paid on Friday, October 31st. Stockholders of record on Friday, October 3rd will be paid a $0.27 dividend. The ex-dividend date of this dividend is Friday, October 3rd. This represents a $1.08 dividend on an annualized basis and a dividend yield of 0.8%. Globe Life's dividend payout ratio is 8.63%.
Wall Street Analyst Weigh In
Several equities analysts have recently weighed in on the company. Wall Street Zen upgraded Globe Life from a "hold" rating to a "buy" rating in a report on Friday, May 16th. Cfra Research upgraded Globe Life to a "moderate buy" rating in a report on Friday, July 25th. Wells Fargo & Company lifted their price target on Globe Life from $144.00 to $150.00 and gave the stock an "overweight" rating in a report on Friday, July 25th. Morgan Stanley upgraded Globe Life from an "equal weight" rating to an "overweight" rating and lifted their price target for the stock from $135.00 to $166.00 in a report on Tuesday, August 5th. Finally, Truist Financial assumed coverage on Globe Life in a report on Tuesday, July 15th. They set a "buy" rating and a $150.00 price target for the company. Two investment analysts have rated the stock with a hold rating, nine have given a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, Globe Life has a consensus rating of "Moderate Buy" and an average target price of $152.00.
View Our Latest Stock Report on GL
Insiders Place Their Bets
In other Globe Life news, CEO Frank M. Svoboda sold 12,500 shares of the company's stock in a transaction on Thursday, July 31st. The stock was sold at an average price of $141.38, for a total transaction of $1,767,250.00. Following the completion of the sale, the chief executive officer directly owned 32,747 shares in the company, valued at $4,629,770.86. This represents a 27.63% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CFO Thomas Peter Kalmbach sold 28,952 shares of the company's stock in a transaction on Tuesday, July 29th. The stock was sold at an average price of $140.97, for a total value of $4,081,363.44. Following the sale, the chief financial officer owned 30,665 shares of the company's stock, valued at $4,322,845.05. The trade was a 48.56% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 90,741 shares of company stock valued at $12,471,180 over the last ninety days. Company insiders own 1.51% of the company's stock.
Institutional Investors Weigh In On Globe Life
Several institutional investors have recently made changes to their positions in GL. Global Assets Advisory LLC bought a new stake in shares of Globe Life in the second quarter valued at approximately $25,000. AdvisorNet Financial Inc boosted its stake in shares of Globe Life by 60.0% in the second quarter. AdvisorNet Financial Inc now owns 224 shares of the company's stock valued at $28,000 after buying an additional 84 shares during the period. Assetmark Inc. boosted its stake in shares of Globe Life by 777.8% in the second quarter. Assetmark Inc. now owns 237 shares of the company's stock valued at $29,000 after buying an additional 210 shares during the period. MUFG Securities EMEA plc bought a new stake in Globe Life during the second quarter worth $31,000. Finally, TD Private Client Wealth LLC bought a new stake in Globe Life during the second quarter worth $39,000. 81.61% of the stock is currently owned by institutional investors.
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
(
Get Free Report)
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.
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