Global Partners (GLP) to Post Quarterly Earnings on Friday

Global Partners (NYSE:GLP) will likely be posting its Q2 2026 results before the market opens on Friday, August 7th. Analysts expect Global Partners to post earnings of $1.24 per share and revenue of $7.5066 billion for the quarter. Parties can check the company’s upcoming Q2 2026 earning report for the latest details on the call scheduled for Friday, August 7, 2026 at 10:00 AM ET.

Global Partners (NYSE:GLP) last issued its quarterly earnings data on Friday, May 8th. The energy company reported $1.85 EPS for the quarter, topping analysts’ consensus estimates of $0.33 by $1.52. Global Partners had a net margin of 0.77% and a return on equity of 24.23%. The company had revenue of $5.32 billion during the quarter, compared to the consensus estimate of $6.98 billion. On average, analysts expect Global Partners to post $5 EPS for the current fiscal year and $4 EPS for the next fiscal year.

Global Partners Trading Down 1.4%

Shares of NYSE:GLP opened at $49.05 on Wednesday. The company has a market capitalization of $1.67 billion, a PE ratio of 13.62 and a beta of 1.01. The company has a current ratio of 1.12, a quick ratio of 0.64 and a debt-to-equity ratio of 2.58. Global Partners has a 12-month low of $39.58 and a 12-month high of $53.25. The business’s fifty day simple moving average is $47.60 and its 200-day simple moving average is $47.24.

Global Partners Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, August 14th. Shareholders of record on Monday, August 10th will be issued a $0.78 dividend. This is a boost from Global Partners’s previous quarterly dividend of $0.77. This represents a $3.12 dividend on an annualized basis and a yield of 6.4%. The ex-dividend date is Monday, August 10th. Global Partners’s dividend payout ratio is presently 85.00%.

Institutional Investors Weigh In On Global Partners

A number of institutional investors and hedge funds have recently modified their holdings of the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in Global Partners by 4.6% in the 3rd quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 1,937,895 shares of the energy company’s stock worth $93,019,000 after buying an additional 85,347 shares during the period. Goldman Sachs Group Inc. lifted its stake in Global Partners by 12.4% during the 4th quarter. Goldman Sachs Group Inc. now owns 608,283 shares of the energy company’s stock valued at $25,457,000 after acquiring an additional 67,337 shares during the period. JPMorgan Chase & Co. boosted its holdings in shares of Global Partners by 13.1% in the 4th quarter. JPMorgan Chase & Co. now owns 440,167 shares of the energy company’s stock valued at $18,421,000 after acquiring an additional 50,890 shares during the last quarter. Bank of America Corp DE boosted its holdings in shares of Global Partners by 0.9% in the 2nd quarter. Bank of America Corp DE now owns 137,822 shares of the energy company’s stock valued at $7,267,000 after acquiring an additional 1,227 shares during the last quarter. Finally, First Trust Advisors LP increased its stake in shares of Global Partners by 12.7% in the fourth quarter. First Trust Advisors LP now owns 55,033 shares of the energy company’s stock worth $2,303,000 after acquiring an additional 6,195 shares during the period. Institutional investors and hedge funds own 38.12% of the company’s stock.

Analyst Ratings Changes

A number of research firms have recently weighed in on GLP. Wall Street Zen upgraded shares of Global Partners from a “buy” rating to a “strong-buy” rating in a report on Saturday, June 13th. Zacks Research lowered shares of Global Partners from a “strong-buy” rating to a “hold” rating in a report on Tuesday, July 7th. Finally, Weiss Ratings raised Global Partners from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Tuesday, May 26th. One research analyst has rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $46.00.

About Global Partners

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.

Through its extensive terminal network in the northeastern United States and eastern Canada, Global Partners supplies gasoline, diesel, home heating oil, kerosene, propane and biofuels to a broad customer base.