Global Partners LP: Global GP LLC buys $625k in GLP stock

Global GP LLC, the General Partner of GLOBAL PARTNERS LP (NASDAQ:GLP), has purchased 12,500 common units of the company between September 23 and September 25, 2025. The purchases, made in three separate transactions, totaled $625,900. The company, with a market capitalization of $1.71 billion, has maintained dividend payments for 20 consecutive years and currently offers a 5.9% dividend yield. According to InvestingPro analysis, the stock is currently trading above its Fair Value.

On September 23, Global GP LLC bought 2,500 common units at a weighted average price of $49.16, in a range between $49.04 and $49.30. On September 24, the entity purchased 5,000 common units at a weighted average price of $50.52, in a range between $49.90 and $50.91. Another 5,000 common units were acquired on September 25 at a weighted average price of $50.08, with prices ranging from $49.98 to $50.25.

These purchases are intended to satisfy obligations related to awards previously granted to directors and officers under the Global Partners LP Long-Term Incentive Plan (LTIP). Global GP LLC disclaims any pecuniary interest in these securities. Following these transactions, Global GP LLC directly owns 169,724 common units of Global Partners LP.

In other recent news, Global Partners LP reported its second-quarter 2025 earnings, which showed a mixed performance. The company achieved an earnings per share (EPS) of $0.55, surpassing analysts’ expectations of $0.42. However, Global Partners experienced a revenue shortfall, reporting $4.63 billion compared to the anticipated $6.01 billion. Stifel reiterated its Hold rating on Global Partners’ stock with a price target of $53. The company’s wholesale segment performed better than expected, but this was counterbalanced by weaker results in the Gasoline Distribution and Station Operations division and increased operating expenses. These developments reflect the company’s ongoing challenges in managing its diverse business segments.

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