MAI Capital Management Has $857,000 Stock Holdings in Globe Life Inc. $GL

MAI Capital Management raised its stake in shares of Globe Life Inc. (NYSE:GL) by 7,213.4% during the third quarter, Holdings Channel reports. The firm owned 5,997 shares of the company’s stock after buying an additional 5,915 shares during the period. MAI Capital Management’s holdings in Globe Life were worth $857,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of GL. Mather Group LLC. bought a new position in shares of Globe Life during the 3rd quarter worth approximately $28,000. CYBER HORNET ETFs LLC bought a new stake in Globe Life in the second quarter valued at $28,000. Assetmark Inc. raised its stake in Globe Life by 777.8% during the second quarter. Assetmark Inc. now owns 237 shares of the company’s stock worth $29,000 after acquiring an additional 210 shares in the last quarter. MUFG Securities EMEA plc acquired a new position in Globe Life during the second quarter worth $31,000. Finally, Quent Capital LLC bought a new position in shares of Globe Life during the third quarter valued at $36,000. 81.61% of the stock is currently owned by institutional investors.

Globe Life Trading Down 0.5%

GL opened at $145.32 on Monday. Globe Life Inc. has a 1-year low of $109.38 and a 1-year high of $152.71. The stock has a market capitalization of $11.43 billion, a PE ratio of 10.32 and a beta of 0.46. The company has a current ratio of 0.07, a quick ratio of 0.07 and a debt-to-equity ratio of 0.39. The firm has a 50-day moving average price of $141.88 and a two-hundred day moving average price of $138.72.

Globe Life (NYSE:GL) last released 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). The company had revenue of $1.52 billion for the quarter, compared to the consensus estimate of $1.53 billion. Globe Life had a net margin of 19.37% and a return on equity of 21.30%. Globe Life’s revenue for the quarter was up 3.6% compared to the same quarter last year. During the same period last year, the company earned $3.14 earnings per share. Globe Life has set its FY 2026 guidance at 14.950-15.650 EPS. As a group, equities analysts anticipate that Globe Life Inc. will post 13.87 earnings per share for the current fiscal year.

Globe Life Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, May 1st. Stockholders of record on Friday, April 3rd will be paid a $0.33 dividend. 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 annualized dividend and a dividend yield of 0.9%. Globe Life’s payout ratio is 7.67%.

Analysts Set New Price Targets

Several brokerages have recently commented on GL. TD Cowen restated a “buy” rating on shares of Globe Life in a research note on Thursday, December 11th. Piper Sandler reissued an “overweight” rating and set a $167.00 price target on shares of Globe Life in a report on Friday, November 21st. Morgan Stanley reaffirmed an “overweight” rating and set a $176.00 price objective on shares of Globe Life in a research note on Monday, December 15th. Wells Fargo & Company raised their price objective on shares of Globe Life from $170.00 to $171.00 and gave the stock an “overweight” rating in a report on Wednesday, February 25th. Finally, Truist Financial lifted their target price on shares of Globe Life from $158.00 to $180.00 and gave the company a “buy” rating in a research note on Friday, February 6th. Eight equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $171.33.

Globe Life News Roundup

Here are the key news stories impacting Globe Life this week:

• Positive Sentiment: Board raised the quarterly dividend to $0.33 (22.2% increase) and announced two new board members — supports income-focused investors and signals confidence in cash flow. GLOBE LIFE INC. DECLARES DIVIDEND AND ANNOUNCES APPOINTMENT OF TWO NEW BOARD MEMBERS
• Positive Sentiment: Wells Fargo published a positive price-forecast note on Globe Life, which can attract buyers and lend near-term support to the share price. Wells Fargo & Company Issues Positive Forecast for Globe Life (NYSE:GL) Stock Price
• Neutral Sentiment: Globe Life Field booked for an Eagles concert, which forced a local high school to reschedule prom — shows strong event demand and venue utilization but has minimal direct impact on insurance operations. Eagles concert at Globe Life Field moves Texas high school’s prom night date How an Eagles concert at Globe Life Field bumped a North Texas high school prom
• Neutral Sentiment: GL was included in a Zacks piece highlighting high-ROE stocks as resilient plays; such coverage may raise investor interest but is not a company-specific catalyst. Buy 5 Stocks With High ROE as Markets Dance Whimsically to the AI Tune
• Negative Sentiment: CEO James Matthew Darden sold 9,527 shares (~15% reduction in his reported ownership), a sizable insider sale that can spook some investors. SEC Form 4 – Darden sale
• Negative Sentiment: EVP Robert Edward Hensley sold 712 shares (~7.7% reduction in his holding), another insider sale that adds to selling pressure signals. SEC Form 4 – Hensley sale
• Negative Sentiment: TipRanks flagged Globe Life’s rising allocation to alternative assets as increasing volatility, capital strain and liquidity risk — a potential medium-term headwind for valuation if realized. Globe Life’s Growing Alternative Asset Bets Raise Volatility, Capital Strain and Liquidity Risk

Insider Buying and Selling

In related news, CEO Frank M. Svoboda sold 12,500 shares of Globe Life stock in a transaction dated Tuesday, February 17th. The stock was sold at an average price of $144.78, for a total value of $1,809,750.00. Following the completion of the sale, 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 sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CMO Jennifer Allison Haworth sold 10,000 shares of the business’s stock in a transaction dated Thursday, February 12th. The stock was sold at an average price of $143.14, for a total value of $1,431,400.00. Following the sale, the chief marketing officer directly owned 17,479 shares of the company’s stock, valued at $2,501,944.06. This represents a 36.39% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last three months, insiders sold 73,868 shares of company stock worth $10,700,437. 1.97% of the stock is currently owned by company insiders.

Globe Life Company Profile

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.