Globe Life (GL)

Company Profile

Globe Life is headquartered in McKinney, TX and has more than 11,000 insurance agents and 3,000 corporate employees. Globe Life's insurance subsidiaries include American Income Life, Family Heritage Life, Globe Life And Accident Insurance Company, Globe Life Insurance Company of New York, Liberty National Life, National Income Life, and United American.

Company profile

Ticker

GL, GL-PD

Exchange

NYSE

Website

www.globelifeinsurance.com

CEO

Gary L. Coleman

Incorporated

Delaware

Location

Texas

Fiscal year end

Dec 31

Sector

Finance and Insurance > Direct Life Insurance Carriers

Industry (SIC)

Life Insurance

Metlife • Prudential Financial • Corebridge Financial • Jackson Financial • Lincoln National • Brighthouse Financial • Voya Financial • Genworth Financial • Athene Holding • Protective Life ...

Former names

TORCHMARK CORP

SEC CIK

0000320335

Corporate docs

Articles of Incorporation & Bylaws

Underwriting Agreements

Indentures

Material Contracts & Credit Agreements

Subsidiaries Lists

IRS number

630780404

GL stock data

1M 1Y 5Y

Analyst ratings and price targets

Last 3 months

Average target

$126.60

Low target

$115.00

High target

$138.00

Latest filings (excl ownership)

View all

9 May 23

Globe Life Inc. Reports First Quarter 2023 Results

3 May 23

8-K

Amendments to Articles of Incorporation or Bylaws

2 May 23

8-K

Entry into a Material Definitive Agreement

18 Apr 23

DEFA14A

Additional proxy soliciting materials

21 Mar 23

ARS

2022 FY

Annual report to shareholders

15 Mar 23

Departure of Directors or Certain Officers

23 Feb 23

Transcripts

View all

Earnings call transcript

2023 Q1

4 May 23

Earnings call transcript

2022 Q4

2 Feb 23

Earnings call transcript

2022 Q3

28 Oct 22

Earnings call transcript

2022 Q2

28 Jul 22

Earnings call transcript

2022 Q1

21 Apr 22

Earnings call transcript

2021 Q4

3 Feb 22

Earnings call transcript

2021 Q3

21 Oct 21

Earnings call transcript

2021 Q2

22 Jul 21

Earnings call transcript

2021 Q1

22 Apr 21

Earnings call transcript

2020 Q4

3 Feb 21

Latest ownership filings

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13F-HR

Quarterly holdings report by institutional manager

ROBERT BRIAN MITCHELL

3 Mar 23

James Matthew Darden

2 Mar 23

Thomas Peter Kalmbach

2 Mar 23

ROBERT BRIAN MITCHELL

1 Mar 23

Financial summary

Financial statements Chart GL financial data

Quarter (USD)	Mar 23	Dec 22	Sep 22	Jun 22
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Dec 22	Dec 21	Dec 20	Dec 19
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Financial data from Globe Life earnings reports.

Institutional ownership, Q1 2023

GL institutional ownership history Ownership history

81.7% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	503	515	-2.3%
Opened positions	59	93	-36.6%
Closed positions	71	45	+57.8%
Increased positions	159	162	-1.9%
Reduced positions	175	158	+10.8%

13F shares	Current	Prev Q	Change
Total value	8.42 tn	9.64 tn	-12.6%
Total shares	78.07 mm	80.75 mm	-3.3%
Total puts	26.10 k	22.50 k	+16.0%
Total calls	28.10 k	37.32 k	-24.7%
Total put/call ratio	0.9	0.6	+54.1%

Largest owners	Shares	Value	Change
Vanguard	10.78 mm	$1.19 tn	-0.0%
BLK Blackrock	6.42 mm	$706.47 bn	+0.2%
BRK.A Berkshire Hathaway	6.35 mm	$699.04 bn	0.0%
Wellington Management	5.33 mm	$586.33 bn	-10.7%
STT State Street	3.88 mm	$427.35 bn	-4.5%
FMR	2.69 mm	$295.95 bn	+6.3%
JPM JPMorgan Chase & Co.	2.68 mm	$294.64 bn	+18.2%
Boston Partners	2.45 mm	$269.12 bn	-3.5%
Geode Capital Management	2.00 mm	$219.73 bn	+5.0%
IVZ Invesco	1.73 mm	$190.21 bn	-8.7%

Largest transactions	Shares	Bought/sold	Change
Norges Bank	0.00	-937.28 k	EXIT
Envestnet Asset Management	834.80 k	+764.39 k	+1085.6%
Wellington Management	5.33 mm	-641.46 k	-10.7%
Schroder Investment Management	0.00	-496.61 k	EXIT
Parsifal Capital Management	460.00 k	-480.50 k	-51.1%
JPM JPMorgan Chase & Co.	2.68 mm	+412.64 k	+18.2%
Pzena Investment Management	469.79 k	+207.90 k	+79.4%
BMO Bank of Montreal	0.00	-196.91 k	EXIT
Los Angeles Capital Management & Equity Research	288.18 k	-191.02 k	-39.9%
STT State Street	3.88 mm	-182.57 k	-4.5%

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

Recent insider trades

GL insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
21 Mar 23	Michael Shane Henrie	Common Stock	Sell	Dispose S	No	No	110.2932	2,225	245.40 k	700
21 Mar 23	Michael Shane Henrie	Common Stock	Option exercise	Acquire M	No	No	82.56	725	59.86 k	2,925
21 Mar 23	Michael Shane Henrie	Common Stock	Option exercise	Acquire M	No	No	87.6	1,500	131.40 k	2,200
21 Mar 23	Michael Shane Henrie	Employee Stock Option Common Stock	Option exercise	Dispose M	No	No	82.56	725	59.86 k	0
21 Mar 23	Michael Shane Henrie	Employee Stock Option Common Stock	Option exercise	Dispose M	No	No	87.6	1,500	131.40 k	1,725
16 Mar 23	Melissa Jane Buchan	Common Stock	Sell	Dispose S	No	No	105.95	1,900	201.31 k	81,658.137
15 Mar 23	Alice S Cho	Common Stock	Grant	Acquire A	No	No	0	1,352	0.00	1,352
15 Mar 23	Dolores L Skarjune	Common Stock	Discretionary	Acquire I	Yes	No	107.62	2,000	215.24 k	2,081
6 Mar 23	David A Rodriguez	Common Stock	Grant	Acquire A	No	No	0	1,205	0.00	1,205