Susquehanna Fundamental Investments LLC Purchases Shares of 9,070 Globe Life Inc. $GL

Posted by Stanley Muller on Sep 2nd, 2026

Susquehanna Fundamental Investments LLC purchased a new stake in Globe Life Inc. (NYSE:GL – Free Report) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 9,070 shares of the company’s stock, valued at approximately $1,621,000.

A number of other hedge funds also recently made changes to their positions in the stock. Jupiter Asset Management Ltd. bought a new stake in shares of Globe Life in the 4th quarter valued at $2,073,000. Northwestern Mutual Wealth Management Co. increased its position in shares of Globe Life by 34,786.0% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 881,919 shares of the company’s stock worth $123,345,000 after buying an additional 879,391 shares during the period. Strs Ohio increased its position in shares of Globe Life by 213.7% during the fourth quarter. Strs Ohio now owns 21,907 shares of the company’s stock worth $3,064,000 after buying an additional 14,924 shares during the period. Norges Bank bought a new position in Globe Life during the fourth quarter worth $155,617,000. Finally, Handelsbanken Fonder AB raised its stake in Globe Life by 23.1% during the fourth quarter. Handelsbanken Fonder AB now owns 75,235 shares of the company’s stock worth $10,522,000 after buying an additional 14,135 shares during the last quarter. 81.61% of the stock is currently owned by institutional investors.

Insider Activity at Globe Life

In other news, Director Cheryl Alston sold 8,258 shares of the firm’s stock in a transaction dated Thursday, June 25th. The stock was sold at an average price of $179.24, for a total value of $1,480,163.92. Following the completion of the sale, the director directly owned 16,621 shares in the company, valued at $2,979,148.04. This trade represents a 33.19% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. Also, CFO Thomas Peter Kalmbach sold 25,650 shares of the business’s stock in a transaction dated Tuesday, July 28th. The shares were sold at an average price of $178.58, for a total value of $4,580,577.00. Following the completion of the sale, the chief financial officer directly owned 50,568 shares of the company’s stock, valued at $9,030,433.44. The trade was a 33.65% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders have sold 151,908 shares of company stock worth $27,239,981. 2.11% of the stock is currently owned by insiders.

Globe Life Stock Down 0.3%

Globe Life stock opened at $172.13 on Wednesday. The company has a quick ratio of 0.07, a current ratio of 0.07 and a debt-to-equity ratio of 0.43. Globe Life Inc. has a 12-month low of $127.85 and a 12-month high of $191.55. The firm’s fifty day moving average is $178.71 and its 200 day moving average is $160.07. The company has a market capitalization of $13.23 billion, a PE ratio of 11.43 and a beta of 0.47.

Globe Life (NYSE:GL – Get Free Report) last issued its earnings results on Wednesday, July 22nd. The company reported $3.61 earnings per share (EPS) for the quarter, missing the consensus estimate of $3.67 by ($0.06). The company had revenue of $1.60 billion for the quarter, compared to the consensus estimate of $1.59 billion. Globe Life had a return on equity of 20.52% and a net margin of 19.58%.The firm’s revenue was up 8.0% compared to the same quarter last year. During the same period in the prior year, the company earned $3.05 earnings per share. Globe Life has set its FY 2026 guidance at 15.550-15.950 EPS. As a group, sell-side analysts predict that Globe Life Inc. will post 15.71 EPS for the current fiscal year.

Globe Life declared that its Board of Directors has authorized a share repurchase program on Monday, August 10th that permits the company to buyback $2.50 billion in outstanding shares. This buyback authorization permits the company to purchase up to 17.7% of its shares through open market purchases. Shares buyback programs are typically a sign that the company’s leadership believes its shares are undervalued.

Globe Life Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, October 30th. Stockholders of record on Monday, October 5th will be given a dividend of $0.33 per share. This represents a $1.32 dividend on an annualized basis and a dividend yield of 0.8%. The ex-dividend date of this dividend is Monday, October 5th. Globe Life’s dividend payout ratio is 8.76%.

Wall Street Analysts Forecast Growth

A number of analysts have commented on GL shares. JPMorgan Chase & Co. upped their price target on shares of Globe Life from $181.00 to $201.00 and gave the company an “overweight” rating in a research report on Tuesday, July 21st. Jefferies Financial Group lifted their price objective on Globe Life from $147.00 to $166.00 and gave the stock a “hold” rating in a research report on Friday, July 10th. Keefe, Bruyette & Woods dropped their price objective on Globe Life from $192.00 to $190.00 and set an “outperform” rating on the stock in a research note on Friday, July 24th. Morgan Stanley upped their target price on Globe Life from $181.00 to $208.00 and gave the company an “overweight” rating in a research report on Monday, July 6th. Finally, Wells Fargo & Company raised their target price on Globe Life from $172.00 to $193.00 and gave the stock an “overweight” rating in a research note on Thursday, July 9th. One investment analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $191.67.

Get Our Latest Stock Report on GL

About Globe Life

(Free Report)

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.