Globe Life (GL) News Today

Globe Life Inc. (NYSE:GL - Get Free Report) Director Mary E. Thigpen bought 3,000 shares of the company's stock in a transaction that occurred on Friday, July 26th. The shares were acquired at an average price of $90.20 per share, for a total transaction of $270,600.00. Following the completion of the purchase, the director now owns 15,605 shares in the company, valued at $1,407,571. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through this link.

Piper Sandler upped their target price on Globe Life from $105.00 to $106.00 and gave the company an "overweight" rating in a research report on Friday.

Bessemer Group Inc. lifted its position in shares of Globe Life Inc. (NYSE:GL - Free Report) by 308.5% in the 1st quarter, according to its most recent 13F filing with the SEC. The firm owned 11,827 shares of the company's stock after acquiring an additional 8,932 shares during the quarter. Besseme

UniSuper Management Pty Ltd raised its stake in Globe Life Inc. (NYSE:GL - Free Report) by 578.4% in the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 8,432 shares of the company's stock after buying

Globe Life (NYSE:GL) Shares Gap Up on Earnings Beat

Globe Life (NYSE:GL) updated its FY 2024 earnings guidance. The company provided EPS guidance of 11.800-12.100 for the period, compared to the consensus estimate of 11.750.

Globe Life (NYSE:GL - Get Free Report) posted its earnings results on Wednesday. The company reported $2.97 earnings per share for the quarter, topping analysts' consensus estimates of $2.90 by $0.07. The company had revenue of $1.44 billion during the quarter, compared to analyst estimates of $1.45 billion. Globe Life had a return on equity of 23.01% and a net margin of 18.07%. Globe Life's revenue was up 8.6% on a year-over-year basis. During the same quarter in the prior year, the business earned $2.61 earnings per share.

Vanguard Group Inc. grew its position in Globe Life Inc. (NYSE:GL - Free Report) by 3.9% during the 1st quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 11,255,091 shares of the company's stock after purchasing an additional 425,993 shares during the

Ontario Teachers Pension Plan Board reduced its position in shares of Globe Life Inc. (NYSE:GL - Free Report) by 50.3% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 9,192 shares of the company's

Intech Investment Management LLC decreased its position in shares of Globe Life Inc. (NYSE:GL - Free Report) by 61.8% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 14,446 shares of the compan

Mitsubishi UFJ Asset Management Co. Ltd. increased its stake in shares of Globe Life Inc. (NYSE:GL - Free Report) by 7.5% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 101,607 shares of the company's s

BNP PARIBAS ASSET MANAGEMENT Holding S.A. boosted its position in shares of Globe Life Inc. (NYSE:GL - Free Report) by 35.3% in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 193,173 shares of the company's stock

Russell Investments Group Ltd. lessened its stake in shares of Globe Life Inc. (NYSE:GL - Free Report) by 4.4% in the first quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 146,857 shares of the company's stock after selling 6,773 shares during the q

Globe Life Inc. (NYSE:GL - Get Free Report) saw a significant growth in short interest in the month of June. As of June 30th, there was short interest totalling 2,720,000 shares, a growth of 7.1% from the June 15th total of 2,540,000 shares. Based on an average daily trading volume, of 3,350,000 shares, the short-interest ratio is currently 0.8 days. Approximately 3.0% of the shares of the stock are short sold.

Swiss National Bank trimmed its holdings in shares of Globe Life Inc. (NYSE:GL - Free Report) by 5.0% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 281,800 shares of the company's stock after s

SG Americas Securities LLC grew its stake in Globe Life Inc. (NYSE:GL - Free Report) by 236.8% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 110,510 shares of the company's stock after purchasing an additional

Equity Investment Corp boosted its holdings in Globe Life Inc. (NYSE:GL - Free Report) by 16.8% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 850,530 shares of the company's stock after purchasing an additi

Morgan Stanley boosted their price objective on shares of Globe Life from $62.00 to $65.00 and gave the stock an "equal weight" rating in a research report on Wednesday.

Sumitomo Mitsui Trust Holdings Inc. decreased its position in shares of Globe Life Inc. (NYSE:GL - Free Report) by 5.5% during the 1st quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 247,195 shares of the company's stock after selling 14,3

Globe Life Inc. (NYSE:GL - Get Free Report) has been assigned an average rating of "Moderate Buy" from the nine research firms that are covering the firm, Marketbeat.com reports. Four equities research analysts have rated the stock with a hold recommendation, four have issued a buy recommendation

Daiwa Securities Group Inc. lowered its stake in Globe Life Inc. (NYSE:GL - Free Report) by 35.1% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 33,979 shares of the company's stock after selling 18,412 s