Global Partners (NYSE:GLP) Shares Gap Up – What’s Next?

09 Jan 2026, 11:31 by Amy Steele · The Cerbat Gem

Global Partners LP (NYSE:GLP – Get Free Report)’s share price gapped up before the market opened on Friday . The stock had previously closed at $39.58, but opened at $42.10. Global Partners shares last traded at $42.2550, with a volume of 452 shares trading hands.

Analysts Set New Price Targets

Several research analysts recently issued reports on GLP shares. Zacks Research raised Global Partners from a “strong sell” rating to a “hold” rating in a research note on Tuesday. Weiss Ratings reissued a “hold (c)” rating on shares of Global Partners in a research report on Monday, December 29th. Stifel Nicolaus decreased their price objective on Global Partners from $53.00 to $45.00 and set a “hold” rating for the company in a report on Tuesday, November 11th. Finally, Wall Street Zen lowered shares of Global Partners from a “buy” rating to a “hold” rating in a research note on Saturday, November 8th. Three investment analysts have rated the stock with a Hold rating, According to data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $45.00.

Check Out Our Latest Report on Global Partners

Global Partners Price Performance

The company has a market cap of $1.44 billion, a PE ratio of 20.22 and a beta of 0.95. The company has a quick ratio of 0.70, a current ratio of 1.21 and a debt-to-equity ratio of 2.75. The firm has a 50 day simple moving average of $43.08 and a 200-day simple moving average of $47.65.

Global Partners (NYSE:GLP – Get Free Report) last released its quarterly earnings results on Friday, November 7th. The energy company reported $0.66 earnings per share for the quarter, missing analysts’ consensus estimates of $1.09 by ($0.43). Global Partners had a net margin of 0.53% and a return on equity of 15.54%. The firm had revenue of $4.69 billion during the quarter, compared to the consensus estimate of $7.21 billion. As a group, research analysts predict that Global Partners LP will post 2.13 earnings per share for the current fiscal year.

Global Partners Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, November 14th. Shareholders of record on Monday, November 10th were issued a $0.755 dividend. This is an increase from Global Partners’s previous quarterly dividend of $0.75. This represents a $3.02 annualized dividend and a yield of 7.1%. The ex-dividend date of this dividend was Monday, November 10th. Global Partners’s dividend payout ratio is presently 144.50%.

Institutional Trading of Global Partners

A number of institutional investors have recently made changes to their positions in the business. Spinnaker Trust grew its stake in Global Partners by 6.6% during the 3rd quarter. Spinnaker Trust now owns 4,850 shares of the energy company’s stock worth $233,000 after buying an additional 300 shares during the last quarter. Exchange Traded Concepts LLC grew its stake in shares of Global Partners by 1.3% during the third quarter. Exchange Traded Concepts LLC now owns 30,094 shares of the energy company’s stock worth $1,445,000 after acquiring an additional 375 shares during the last quarter. Apollon Wealth Management LLC increased its holdings in shares of Global Partners by 4.6% during the third quarter. Apollon Wealth Management LLC now owns 11,330 shares of the energy company’s stock valued at $544,000 after acquiring an additional 501 shares in the last quarter. PNC Financial Services Group Inc. purchased a new position in shares of Global Partners in the 3rd quarter valued at approximately $48,000. Finally, Creative Planning raised its position in shares of Global Partners by 6.9% in the 3rd quarter. Creative Planning now owns 16,043 shares of the energy company’s stock valued at $770,000 after purchasing an additional 1,030 shares during the last quarter. Institutional investors and hedge funds own 38.12% of the company’s stock.

About Global Partners

(Get Free Report)

Global Partners LP is a publicly traded master limited partnership engaged in the wholesale distribution and retail marketing of petroleum products. The company sources refined petroleum products from major refineries and suppliers and transports them through an integrated network of pipelines, terminals and storage facilities. Global Partners focuses on delivering fuel and related services to commercial, industrial and residential customers, positioning itself as a key midstream and downstream energy operator in its core markets.