Public Employees Retirement System of Ohio Acquires New Holdings in Global Ship Lease, Inc. $GSL

Posted by Brenda Bartman on Sep 4th, 2026

Public Employees Retirement System of Ohio bought a new stake in Global Ship Lease, Inc. (NYSE:GSL – Free Report) during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund bought 111,958 shares of the shipping company’s stock, valued at approximately $4,210,000. Public Employees Retirement System of Ohio owned about 0.31% of Global Ship Lease at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. Sei Investments Co. grew its position in shares of Global Ship Lease by 51.8% in the 1st quarter. Sei Investments Co. now owns 200,806 shares of the shipping company’s stock worth $7,476,000 after buying an additional 68,535 shares during the last quarter. Royal Palms Capital LLC purchased a new stake in Global Ship Lease during the fourth quarter valued at approximately $3,665,000. First Trust Advisors LP acquired a new stake in Global Ship Lease in the first quarter valued at approximately $12,681,000. SG Americas Securities LLC grew its holdings in Global Ship Lease by 225.9% in the first quarter. SG Americas Securities LLC now owns 185,168 shares of the shipping company’s stock worth $6,894,000 after purchasing an additional 128,351 shares during the last quarter. Finally, Lazard Asset Management LLC grew its holdings in Global Ship Lease by 65.5% in the first quarter. Lazard Asset Management LLC now owns 294,674 shares of the shipping company’s stock worth $10,971,000 after purchasing an additional 116,606 shares during the last quarter. 50.08% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

GSL has been the topic of a number of recent analyst reports. Wall Street Zen downgraded Global Ship Lease from a “buy” rating to a “hold” rating in a research report on Saturday, August 8th. Zacks Research upgraded Global Ship Lease from a “strong sell” rating to a “hold” rating in a research note on Monday, July 27th. Weiss Ratings restated a “buy (b)” rating on shares of Global Ship Lease in a research note on Friday, July 17th. Jefferies Financial Group upped their target price on Global Ship Lease from $45.00 to $50.00 and gave the company a “buy” rating in a research report on Thursday, August 6th. Finally, 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 note on Thursday, August 6th. One analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and one has given a Hold rating to the company. According to MarketBeat, the stock has an average rating of “Buy” and an average target price of $51.00.

Read Our Latest Analysis on Global Ship Lease

Insider Transactions at Global Ship Lease

In other news, CEO Thomas Lister sold 30,000 shares of the firm’s stock in a transaction dated Wednesday, August 26th. The stock was sold at an average price of $44.26, for a total value of $1,327,800.00. Following the completion of the transaction, the chief executive officer directly owned 15,934 shares in the company, valued at $705,238.84. This trade represents a 65.31% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CFO Anastasios Psaropoulos sold 48,330 shares of Global Ship Lease stock in a transaction dated Thursday, August 27th. The stock was sold at an average price of $45.02, for a total value of $2,175,816.60. Following the sale, the chief financial officer directly owned 68,698 shares of the company’s stock, valued at $3,092,783.96. This trade represents a 41.30% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 80,000 shares of company stock worth $3,578,817 over the last three months. Corporate insiders own 7.40% of the company’s stock.

Global Ship Lease Stock Up 1.4%

NYSE:GSL opened at $45.76 on Friday. 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, Inc. has a twelve month low of $27.28 and a twelve month high of $46.00. The company has a market cap of $1.64 billion, a PE ratio of 4.40 and a beta of 0.88. The company’s 50 day moving average is $42.07 and its two-hundred day moving average is $40.03.

Global Ship Lease (NYSE:GSL – Get Free Report) last posted its quarterly earnings data on Wednesday, August 5th. The shipping company reported $2.48 EPS for the quarter, topping the consensus estimate of $2.42 by $0.06. The business had revenue of $198.69 million during the quarter, compared to the consensus estimate of $186.85 million. Global Ship Lease had a net margin of 49.10% and a return on equity of 19.92%. The business’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 firm posted $2.67 earnings per share. Analysts anticipate that Global Ship Lease, Inc. will post 9.62 EPS for the current year.

Global Ship Lease Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, September 3rd. Shareholders of record on Friday, August 21st were paid a dividend of $0.625 per share. This represents a $2.50 annualized dividend and a yield of 5.5%. The ex-dividend date was Friday, August 21st. Global Ship Lease’s payout ratio is presently 24.04%.

About Global Ship Lease

(Free Report)

Global Ship Lease (NYSE: GSL) is a Bermuda-based containership charter owner focused on acquiring, owning and leasing modern, fuel-efficient vessels to major liner operators. Founded in 2011 and listed on the New York Stock Exchange the same year, the company’s fleet primarily comprises post-Panamax containerships designed to serve the high-volume Asia–Europe and transpacific shipping lanes. By specializing in long-term charter agreements, Global Ship Lease aims to maintain stable revenue streams and minimize spot-market volatility.

The company’s business model centers on negotiating multi-year time charters with leading global shipping lines.