Brandes Investment Partners 13F: Adds $38M to GLOB Stake

Brandes Investment Partners Grows Globant GLOB Holding

Brandes Investment Partners expanded its portfolio stake in Globant S.A. (NYSE: GLOB) by adding 1,023,668 shares during the reporting period, according to a Form 13F filed with the SEC. The purchase marked a 42.6% increase from the prior quarter. Because these disclosures look backward, they show holdings at a past date and might not match the fund's current holdings today.

Position Expansion Details

The fund previously held 2,400,732 shares of the information technology services provider. Following the purchase, Brandes Investment Partners owned a total of 3,424,400 shares. The reported market value of the holding sat at approximately $128.4 million based on the filing details.

Globant Stock Performance And Valuation

Globant S.A. shares recently changed hands around $37.49. The company has a P/E ratio of 14.0 alongside a forward P/E of 5.78. Investors track these valuation metrics alongside the company's broader market position in the technology sector.

Recent Earnings Report

Globant S.A. generated annual revenue of $2.45 billion with zero revenue growth reported for the period. The company recorded a net profit margin of 4.6% and a return on equity of 5.5%. Basic earnings per share landed at $2.56. Market participants look ahead to the company's next earnings report scheduled for November 19, 2026.

Analysts Set New Price Targets

Wall Street firms have kept a steady eye on Globant through recent rating updates. On October 13, 2026, Wells Fargo maintained its equal-weight rating on the stock while lowering its price target to $39.00 from $42.00. Earlier on October 6, 2026, Mizuho maintained an outperform rating with a target of $51.00 down from $59.00. On August 14, 2026, UBS kept a neutral rating at a $43.00 target, Truist Securities kept a hold rating at $38.00, and JP Morgan maintained a neutral rating at $44.00. TD Cowen maintained a buy rating at $45.00, Susquehanna maintained a positive rating at $70.00, and Guggenheim maintained a buy rating at $50.00. Overall, the stock holds a consensus buy rating from 22 analysts with a mean price target of $51.59.

About Globant S.A.

Globant S.A. provides digital and technology services across North America, Latin America, Europe, and international markets. The company uses artificial intelligence tools and digital studios to help clients build software, manage operations, and connect with customers. Its service portfolio ranges from AI integration platforms to custom software development accelerators.

What to Watch at GLOB

Investors tracking Brandes Investment Partners will review subsequent quarterly disclosures to see if the fund continues adding to technology holdings. Market watchers also monitor the upcoming earnings release in November and any further updates from covering equity research analysts.