GlobalFoundries Inc. $GFS Holdings Decreased by Global X Japan Co. Ltd.

Global X Japan Co. Ltd. trimmed its holdings in shares of GlobalFoundries Inc. (NASDAQ:GFS) by 39.2% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 27,774 shares of the company’s stock after selling 17,924 shares during the period. Global X Japan Co. Ltd.’s holdings in GlobalFoundries were worth $995,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently bought and sold shares of the company. Allworth Financial LP grew its stake in GlobalFoundries by 85.5% during the 2nd quarter. Allworth Financial LP now owns 894 shares of the company’s stock valued at $34,000 after acquiring an additional 412 shares in the last quarter. IFP Advisors Inc boosted its holdings in shares of GlobalFoundries by 824.7% during the second quarter. IFP Advisors Inc now owns 897 shares of the company’s stock worth $38,000 after purchasing an additional 800 shares during the period. GAMMA Investing LLC boosted its holdings in shares of GlobalFoundries by 134.1% during the second quarter. GAMMA Investing LLC now owns 1,531 shares of the company’s stock worth $58,000 after purchasing an additional 877 shares during the period. PNC Financial Services Group Inc. grew its position in GlobalFoundries by 1,169.6% during the second quarter. PNC Financial Services Group Inc. now owns 1,714 shares of the company’s stock valued at $65,000 after purchasing an additional 1,579 shares in the last quarter. Finally, Signaturefd LLC increased its stake in GlobalFoundries by 69.4% in the 2nd quarter. Signaturefd LLC now owns 1,738 shares of the company’s stock valued at $66,000 after buying an additional 712 shares during the period.

GlobalFoundries Trading Down 1.7%

GlobalFoundries stock opened at $35.79 on Wednesday. The company has a debt-to-equity ratio of 0.13, a current ratio of 3.03 and a quick ratio of 2.24. The company has a market capitalization of $19.79 billion, a price-to-earnings ratio of -397.62, a PEG ratio of 1.57 and a beta of 1.49. GlobalFoundries Inc. has a one year low of $29.77 and a one year high of $47.69. The company’s fifty day moving average price is $35.66 and its two-hundred day moving average price is $35.90.

GlobalFoundries (NASDAQ:GFS) last announced its quarterly earnings results on Wednesday, November 12th. The company reported $0.34 earnings per share for the quarter, missing analysts’ consensus estimates of $0.39 by ($0.05). The company had revenue of $1.69 billion during the quarter, compared to analyst estimates of $1.68 billion. GlobalFoundries had a positive return on equity of 6.64% and a negative net margin of 0.65%.GlobalFoundries’s quarterly revenue was down 2.9% on a year-over-year basis. During the same period in the prior year, the firm earned $0.41 EPS. GlobalFoundries has set its Q4 2025 guidance at 0.420-0.520 EPS. On average, analysts forecast that GlobalFoundries Inc. will post 1.31 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of brokerages have issued reports on GFS. Arete Research set a $37.00 target price on shares of GlobalFoundries in a research note on Wednesday, August 27th. Jefferies Financial Group reiterated a “hold” rating and set a $38.00 price objective on shares of GlobalFoundries in a report on Monday, October 27th. BNP Paribas Exane started coverage on GlobalFoundries in a research note on Friday, October 24th. They issued an “outperform” rating and a $45.00 target price on the stock. Wedbush raised their price target on GlobalFoundries from $40.00 to $42.00 and gave the stock an “outperform” rating in a research note on Thursday, November 13th. Finally, Bank of America lifted their price target on GlobalFoundries from $33.00 to $37.00 and gave the company an “underperform” rating in a report on Thursday, December 4th. Five equities research analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat, GlobalFoundries presently has an average rating of “Hold” and an average price target of $40.62.

About GlobalFoundries

GlobalFoundries, Inc (NASDAQ: GFS) is a leading contract semiconductor manufacturer that provides wafer fabrication and related services to semiconductor companies and systems manufacturers. The company operates as a pure-play foundry, producing integrated circuits across a range of process technologies for customers in markets such as automotive, communications, consumer electronics, industrial, and aerospace. Its service offering spans process development, manufacturing, test and packaging support, and design enablement including process design kits (PDKs) and intellectual property (IP) libraries to help customers bring designs to production.

GlobalFoundries focuses on a portfolio of differentiated and specialty process nodes, offering technologies for radio-frequency (RF) and wireless, analog and mixed-signal, power management, embedded non-volatile memory, and silicon-on-insulator (SOI) process families.