13,798 Shares in Global Ship Lease, Inc. $GSL Purchased by WealthBridge Capital Management LLC

Posted by Brenda Bartman on Oct 17th, 2026

WealthBridge Capital Management LLC acquired a new stake in Global Ship Lease, Inc. (NYSE:GSL – Free Report) during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The firm acquired 13,798 shares of the shipping company’s stock, valued at approximately $609,000.

A number of other institutional investors have also made changes to their positions in the business. Donald Smith & CO. Inc. acquired a new position in Global Ship Lease during the second quarter worth $27,859,000. First Trust Advisors LP bought a new stake in Global Ship Lease during the 1st quarter worth about $12,681,000. Arrowstreet Capital Limited Partnership bought a new stake in Global Ship Lease during the 1st quarter worth about $10,790,000. SG Americas Securities LLC lifted its position in Global Ship Lease by 225.9% during the 1st quarter. SG Americas Securities LLC now owns 185,168 shares of the shipping company’s stock worth $6,894,000 after buying an additional 128,351 shares in the last quarter. Finally, Lazard Asset Management LLC boosted its stake in shares of Global Ship Lease by 65.5% during the 1st quarter. Lazard Asset Management LLC now owns 294,674 shares of the shipping company’s stock worth $10,971,000 after buying an additional 116,606 shares during the last quarter. Institutional investors own 50.08% of the company’s stock.

Global Ship Lease Stock Performance

Shares of GSL traded down $0.78 during midday trading on Friday, reaching $41.23. The stock had a trading volume of 314,135 shares, compared to its average volume of 336,330. The firm has a 50 day simple moving average of $44.40 and a 200-day simple moving average of $41.32. Global Ship Lease, Inc. has a one year low of $27.81 and a one year high of $46.57. The firm has a market cap of $1.48 billion, a PE ratio of 3.96 and a beta of 0.98. The company has a current ratio of 2.13, a quick ratio of 2.06 and a debt-to-equity ratio of 0.27.

Global Ship Lease (NYSE:GSL – Get Free Report) last released its quarterly earnings data on Wednesday, August 5th. The shipping company reported $2.48 earnings per share for the quarter, topping the consensus estimate of $2.42 by $0.06. The company had revenue of $198.69 million for the quarter, compared to analyst estimates of $186.85 million. Global Ship Lease had a net margin of 49.10% and a return on equity of 19.92%. Global Ship Lease’s revenue for the quarter was up 3.9% compared to the same quarter last year. During the same period in the previous year, the business earned $2.67 EPS. As a group, sell-side analysts anticipate that Global Ship Lease, Inc. will post 9.62 EPS for the current year.

Global Ship Lease Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, September 3rd. Investors of record on Friday, August 21st were issued a dividend of $0.6250 per share. The ex-dividend date was Friday, August 21st. This represents a $2.50 dividend on an annualized basis and a yield of 6.1%. Global Ship Lease’s dividend payout ratio (DPR) is presently 24.04%.

Wall Street Analyst Weigh In

Several brokerages have recently weighed in on GSL. Zacks Research upgraded Global Ship Lease from a “strong sell” rating to a “hold” rating in a report on Monday, July 27th. Wall Street Zen downgraded Global Ship Lease from a “buy” rating to a “hold” rating in a research report on Saturday, August 8th. Jefferies Financial Group upped their target price on Global Ship Lease from $45.00 to $50.00 and gave the stock a “buy” rating in a report on Thursday, August 6th. B. Riley Financial increased their price target on Global Ship Lease from $48.00 to $52.00 and gave the company a “buy” rating in a research report on Thursday, August 6th. Finally, Weiss Ratings reissued a “buy (b)” rating on shares of Global Ship Lease in a research report on Thursday. One analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Buy” and a consensus price target of $51.00.

Get Our Latest Research Report on GSL

Insiders Place Their Bets

In other Global Ship Lease news, insider Georgios Giannopoulos sold 7,692 shares of the business’s stock in a transaction that occurred on Tuesday, October 13th. The stock was sold at an average price of $45.08, for a total transaction of $346,755.36. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director Ulrike Helfer sold 4,000 shares of the company’s stock in a transaction that occurred on Wednesday, September 30th. The shares were sold at an average price of $44.82, for a total value of $179,280.00. Following the completion of the sale, the director owned 8,503 shares in the company, valued at $381,104.46. This represents a 31.99% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 91,692 shares of company stock worth $4,104,852 in the last three months. 7.40% of the stock is owned by corporate insiders.

About Global Ship Lease

(Free Report)

Global Ship Lease, Inc (NYSE:GSL) is a containership owner and charterer that provides maritime transportation capacity to liner companies. The company owns and manages a fleet of container vessels designed to transport manufactured goods, consumer products, industrial materials and other containerized cargo across international trade routes.

Global Ship Lease generally employs time-charter arrangements, under which its vessels are leased to container shipping companies for specified periods.