Global Partners (NYSE:GLP) Stock Moved Down to Buy by Wall Street Zen

Wall Street Zen cut shares of Global Partners (NYSE:GLP) from a strong-buy rating to a buy rating in a research note published on Saturday morning,Wall Street Zen reports.

Separately, Weiss Ratings upgraded Global Partners from a “buy (b-)” rating to a “buy (b)” rating in a research report on Monday, September 28th. One investment analyst has rated the stock with a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat, Global Partners has an average rating of “Hold” and an average price target of $46.00.

Global Partners Price Performance

NYSE:GLP opened at $44.13 on Friday. The firm has a market capitalization of $1.50 billion, a price-to-earnings ratio of 8.01 and a beta of 1.10. Global Partners has a 1 year low of $39.58 and a 1 year high of $54.29. The business has a 50 day simple moving average of $48.87 and a 200-day simple moving average of $47.97. The company has a debt-to-equity ratio of 2.44, a current ratio of 1.19 and a quick ratio of 0.71.

Global Partners (NYSE:GLP) last announced its earnings results on Friday, November 6th. The energy company reported $1.26 EPS for the quarter, missing analysts’ consensus estimates of $1.61 by ($0.35). The company had revenue of $6.68 billion during the quarter, compared to analysts’ expectations of $7.41 billion. Global Partners had a return on equity of 30.87% and a net margin of 0.91%. Equities analysts forecast that Global Partners will post 6.02 EPS for the current year.

Global Partners Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, November 13th. Investors of record on Monday, November 9th will be issued a dividend of $0.7850 per share. This represents a $3.14 annualized dividend and a yield of 7.1%. The ex-dividend date is Monday, November 9th. This is a positive change from Global Partners’s previous quarterly dividend of $0.78. Global Partners’s payout ratio is currently 63.54%.

Institutional Trading of Global Partners

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. First Trust Advisors LP lifted its position in shares of Global Partners by 0.8% during the first quarter. First Trust Advisors LP now owns 55,496 shares of the energy company’s stock valued at $2,336,000 after buying an additional 463 shares during the last quarter. Arrow Investment Advisors LLC boosted its holdings in shares of Global Partners by 23.9% in the 3rd quarter. Arrow Investment Advisors LLC now owns 5,465 shares of the energy company’s stock valued at $253,000 after buying an additional 1,055 shares in the last quarter. Cetera Investment Advisers boosted its holdings in shares of Global Partners by 2.5% in the 1st quarter. Cetera Investment Advisers now owns 54,743 shares of the energy company’s stock valued at $2,305,000 after buying an additional 1,337 shares in the last quarter. Compass Wealth Management LLC bought a new stake in shares of Global Partners in the 3rd quarter valued at about $93,000. Finally, Infrastructure Capital Advisors LLC grew its position in shares of Global Partners by 2.3% in the 1st quarter. Infrastructure Capital Advisors LLC now owns 110,208 shares of the energy company’s stock worth $4,640,000 after buying an additional 2,527 shares during the last quarter. 38.12% of the stock is owned by hedge funds and other institutional investors.

Global Partners News Summary

Here are the key news stories impacting Global Partners this week:

• Positive Sentiment: A higher payout appeared to boost investor interest in GLP’s income potential. Global Partners Stock Is Up 8.0% What’s Changed After Higher Payout
• Positive Sentiment: Global Partners extended its credit facility maturity to October 2031, providing longer-term financing certainty. 2026 CapEx and credit maturity extension
• Neutral Sentiment: The company expects 2026 maintenance capital spending of $65 million to $75 million; this provides a planning signal but is also a cash requirement. 2026 CapEx and credit maturity extension
• Neutral Sentiment: Wall Street Zen lowered its rating to “Buy,” which remains favorable but represents a downgrade from its prior rating. Wall Street Zen rating change
• Negative Sentiment: Third-quarter 2026 results missed expectations: EPS was $1.26 versus the $1.61 consensus, and revenue was $6.68 billion versus estimates of $7.41 billion. The earnings shortfall could weigh on sentiment despite the payout news. Global Partners third-quarter 2026 results

Global Partners Company Profile

Global Partners LP (NYSE: GLP) is an integrated energy company that owns, supplies, stores, transports and markets energy products. The company’s activities include the wholesale distribution of gasoline, diesel, distillates, residual oil, renewable fuels and other petroleum products, as well as the terminaling and storage of these products.

Global Partners serves customers primarily across the northeastern and mid-Atlantic United States. Its wholesale operations supply gasoline stations, commercial and industrial users, utilities, distributors and other energy customers.