Global Partners (NYSE:GLP) Stock Price Down 6.4% – What’s Next?

Posted by Francis Steltz on Jun 12th, 2026

Global Partners LP (NYSE:GLP – Get Free Report) traded down 6.4% during mid-day trading on Friday . The stock traded as low as $47.82 and last traded at $46.46. 21,830 shares changed hands during trading, a decline of 59% from the average session volume of 53,331 shares. The stock had previously closed at $49.64.

Analyst Upgrades and Downgrades

Several analysts have recently issued reports on the stock. Stifel Nicolaus boosted their price objective on shares of Global Partners from $45.00 to $46.00 and gave the company a “hold” rating in a research note on Monday, March 2nd. Zacks Research raised shares of Global Partners from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, April 28th. Weiss Ratings raised shares of Global Partners from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Tuesday, May 26th. Finally, Wall Street Zen cut shares of Global Partners from a “strong-buy” rating to a “buy” rating in a research report on Sunday, May 24th. One investment analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat.com, Global Partners presently has an average rating of “Buy” and a consensus price target of $46.00.

View Our Latest Stock Report on GLP

Global Partners Trading Down 7.2%

The firm has a market cap of $1.57 billion, a price-to-earnings ratio of 12.76 and a beta of 1.01. The business’s 50 day moving average price is $47.65 and its 200-day moving average price is $46.13. The company has a debt-to-equity ratio of 2.58, a quick ratio of 0.64 and a current ratio of 1.12.

Global Partners (NYSE:GLP – Get Free Report) last issued its earnings results on Friday, May 8th. The energy company reported $1.85 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.33 by $1.52. The business had revenue of $5.32 billion for the quarter, compared to analyst estimates of $6.98 billion. Global Partners had a net margin of 0.77% and a return on equity of 24.23%. Equities analysts expect that Global Partners LP will post 4.71 EPS for the current year.

Global Partners Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, May 15th. Stockholders of record on Monday, May 11th were paid a $0.765 dividend. This is a boost from Global Partners’s previous quarterly dividend of $0.76. The ex-dividend date was Monday, May 11th. This represents a $3.06 dividend on an annualized basis and a dividend yield of 6.6%. Global Partners’s dividend payout ratio (DPR) is currently 85.00%.

Insider Activity

In other news, COO Mark Romaine sold 2,020 shares of the company’s stock in a transaction dated Friday, March 20th. The shares were sold at an average price of $48.19, for a total value of $97,343.80. Following the sale, the chief operating officer owned 141,609 shares in the company, valued at approximately $6,824,137.71. This represents a 1.41% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. In the last quarter, insiders have sold 21,311 shares of company stock valued at $1,014,249. Corporate insiders own 41.50% of the company’s stock.

Institutional Investors Weigh In On Global Partners

Institutional investors have recently modified their holdings of the stock. JPMorgan Chase & Co. raised its stake in shares of Global Partners by 16.6% in the 3rd quarter. JPMorgan Chase & Co. now owns 389,277 shares of the energy company’s stock valued at $18,685,000 after purchasing an additional 55,304 shares in the last quarter. GSA Capital Partners LLP raised its stake in Global Partners by 185.9% during the fourth quarter. GSA Capital Partners LLP now owns 30,850 shares of the energy company’s stock worth $1,291,000 after acquiring an additional 20,060 shares during the period. ING Groep NV acquired a new stake in Global Partners during the third quarter worth about $1,296,000. Alps Advisors Inc. raised its stake in Global Partners by 4.9% during the fourth quarter. Alps Advisors Inc. now owns 5,999,844 shares of the energy company’s stock worth $251,093,000 after acquiring an additional 277,875 shares during the period. Finally, Infrastructure Capital Advisors LLC raised its stake in Global Partners by 2.3% during the first quarter. Infrastructure Capital Advisors LLC now owns 110,208 shares of the energy company’s stock worth $4,640,000 after acquiring an additional 2,527 shares during the period. Institutional investors and hedge funds own 38.12% of the company’s stock.

About Global Partners

(Get Free Report)

Global Partners LP is a publicly traded master limited partnership engaged in the wholesale distribution and retail marketing of petroleum products. The company sources refined petroleum products from major refineries and suppliers and transports them through an integrated network of pipelines, terminals and storage facilities. Global Partners focuses on delivering fuel and related services to commercial, industrial and residential customers, positioning itself as a key midstream and downstream energy operator in its core markets.

Through its extensive terminal network in the northeastern United States and eastern Canada, Global Partners supplies gasoline, diesel, home heating oil, kerosene, propane and biofuels to a broad customer base.