Eaton Financial Holdings Company LLC Raises Holdings in GlobalFoundries Inc. $GFS

Eaton Financial Holdings Company LLC increased its position in shares of GlobalFoundries Inc. (NASDAQ:GFS) by 16.2% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 61,963 shares of the company’s stock after purchasing an additional 8,628 shares during the quarter. Eaton Financial Holdings Company LLC’s holdings in GlobalFoundries were worth $2,164,000 as of its most recent filing with the SEC.

Several other large investors have also recently made changes to their positions in GFS. Royal Bank of Canada boosted its stake in GlobalFoundries by 4.4% during the first quarter. Royal Bank of Canada now owns 15,583 shares of the company’s stock worth $575,000 after buying an additional 660 shares during the last quarter. AQR Capital Management LLC boosted its stake in GlobalFoundries by 77.6% during the first quarter. AQR Capital Management LLC now owns 102,048 shares of the company’s stock worth $3,679,000 after buying an additional 44,599 shares during the last quarter. Jones Financial Companies Lllp boosted its stake in GlobalFoundries by 7,120.1% during the first quarter. Jones Financial Companies Lllp now owns 12,202 shares of the company’s stock worth $450,000 after buying an additional 12,033 shares during the last quarter. American Century Companies Inc. boosted its stake in GlobalFoundries by 3.4% during the second quarter. American Century Companies Inc. now owns 27,606 shares of the company’s stock worth $1,055,000 after buying an additional 903 shares during the last quarter. Finally, M&T Bank Corp acquired a new position in GlobalFoundries during the second quarter worth $269,000.

GlobalFoundries Stock Performance

Shares of GlobalFoundries stock opened at $81.11 on Thursday. GlobalFoundries Inc. has a 52 week low of $31.51 and a 52 week high of $92.55. The business’s fifty day simple moving average is $58.68 and its 200-day simple moving average is $46.95. The firm has a market cap of $45.13 billion, a PE ratio of 58.35, a price-to-earnings-growth ratio of 3.18 and a beta of 1.71. The company has a quick ratio of 1.87, a current ratio of 2.59 and a debt-to-equity ratio of 0.13.

GlobalFoundries (NASDAQ:GFS) last announced its quarterly earnings results on Tuesday, May 5th. The company reported $0.40 EPS for the quarter, beating the consensus estimate of $0.35 by $0.05. GlobalFoundries had a return on equity of 6.85% and a net margin of 11.40%.The business had revenue of $1.63 billion for the quarter, compared to analyst estimates of $1.63 billion. During the same quarter in the prior year, the company posted $0.34 EPS. The company’s quarterly revenue was up 3.1% on a year-over-year basis. GlobalFoundries has set its Q2 2026 guidance at 0.250-0.350 EPS. Equities analysts forecast that GlobalFoundries Inc. will post 1.38 earnings per share for the current year.

GlobalFoundries Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, July 14th. Stockholders of record on Wednesday, June 24th will be paid a $0.12 dividend. This represents a $0.48 annualized dividend and a dividend yield of 0.6%. The ex-dividend date of this dividend is Wednesday, June 24th.

Analyst Upgrades and Downgrades

A number of research firms have weighed in on GFS. Dbs Bank lowered GlobalFoundries from a “moderate buy” rating to a “hold” rating in a research note on Friday, February 13th. UBS Group boosted their price objective on GlobalFoundries from $65.00 to $77.00 and gave the stock a “neutral” rating in a research note on Wednesday, May 6th. Wedbush reissued a “neutral” rating and set a $50.00 price objective on shares of GlobalFoundries in a research note on Monday, May 4th. JPMorgan Chase & Co. boosted their price objective on GlobalFoundries from $45.00 to $70.00 and gave the stock a “neutral” rating in a research note on Wednesday, May 6th. Finally, Evercore reissued an “outperform” rating and set a $85.00 price objective on shares of GlobalFoundries in a research note on Tuesday, May 19th. Eight equities research analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $69.88.

Insider Activity

In other news, Director Glenda Dorchak sold 4,000 shares of the company’s stock in a transaction on Monday, April 20th. The stock was sold at an average price of $58.46, for a total value of $233,840.00. Following the transaction, the director owned 18,867 shares of the company’s stock, valued at $1,102,964.82. This represents a 17.49% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Samak L. Azar sold 500 shares of the company’s stock in a transaction on Thursday, April 23rd. The shares were sold at an average price of $59.66, for a total value of $29,830.00. Following the completion of the transaction, the insider directly owned 16,994 shares in the company, valued at approximately $1,013,862.04. This trade represents a 2.86% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 17,035 shares of company stock valued at $935,699 in the last quarter.

Key Headlines Impacting GlobalFoundries

Here are the key news stories impacting GlobalFoundries this week:

• Positive Sentiment: GlobalFoundries presented at TD Cowen’s 54th Annual Technology, Media & Telecom Conference, which keeps management in front of investors and may help reinforce its growth strategy and demand outlook. Article Title
• Positive Sentiment: The company recently reported better-than-expected quarterly earnings, with EPS of $0.40 topping estimates of $0.35, and revenue roughly in line with expectations, signaling that core business execution remains intact.
• Neutral Sentiment: GlobalFoundries also announced a quarterly dividend of $0.12 per share, which supports shareholder returns but is not large enough to be a major near-term catalyst.
• Neutral Sentiment: Institutional and market commentary around quantum computing and federal funding mentions GFS as a potential beneficiary of broader tech/foundry demand, but these articles are speculative and not direct company-specific catalysts. Article Title
• Negative Sentiment: Mubadala’s sale of 22 million shares, along with a separate insider sale by Samak Azar, may be weighing on sentiment because investors often interpret insider or large shareholder selling as a lack of near-term conviction. Article Title
• Negative Sentiment: Analyst sentiment remains cautious overall, with a consensus rating of “Hold,” which can limit enthusiasm even after recent earnings strength.

GlobalFoundries Profile

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.