Truist Financial Corp Trims Stock Position in Globe Life Inc. $GL
Truist Financial Corp reduced its stake in Globe Life Inc. (NYSE:GL) by 29.1% in the third quarter, selling 11,657 shares and retaining 28,341 shares valued at approximately $4.05 million. Globe Life reported Q4 EPS of $3.39, missing estimates by $0.05, and revenue of $1.52 billion, slightly below expectations, though profitability remains strong with a return on equity of 21.81% and a net margin of 19.36%. The company provided FY 2026 guidance of $14.95–$15.65 EPS, while analysts maintain a "Moderate Buy" consensus with an average price target of $166.22.
https://www.marketbeat.com/instant-alerts/filing-truist-financial-corp-trims-stock-position-in-globe-life-inc-gl-2026-02-05/