Caitong International Asset Management Co. Ltd Has $224,000 Stock Holdings in GlobalFoundries Inc. $GFS

Caitong International Asset Management Co. Ltd increased its position in shares of GlobalFoundries Inc. (NASDAQ:GFS) by 1,817.3% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 6,423 shares of the company’s stock after buying an additional 6,088 shares during the period. Caitong International Asset Management Co. Ltd’s holdings in GlobalFoundries were worth $224,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of GFS. Mercer Global Advisors Inc. ADV raised its holdings in GlobalFoundries by 85.5% in the 4th quarter. Mercer Global Advisors Inc. ADV now owns 29,768 shares of the company’s stock worth $1,040,000 after acquiring an additional 13,718 shares during the period. Vident Advisory LLC lifted its position in GlobalFoundries by 5.0% during the 4th quarter. Vident Advisory LLC now owns 6,160 shares of the company’s stock worth $215,000 after acquiring an additional 293 shares during the last quarter. Empowered Funds LLC bought a new stake in GlobalFoundries during the fourth quarter valued at about $67,000. XTX Topco Ltd boosted its holdings in GlobalFoundries by 247.7% during the fourth quarter. XTX Topco Ltd now owns 70,979 shares of the company’s stock valued at $2,479,000 after acquiring an additional 50,564 shares during the period. Finally, VARCOV Co. acquired a new stake in shares of GlobalFoundries in the fourth quarter valued at about $470,000.

GlobalFoundries Stock Performance

NASDAQ:GFS opened at $85.83 on Friday. GlobalFoundries Inc. has a 12-month low of $31.51 and a 12-month high of $92.55. The company has a quick ratio of 1.87, a current ratio of 2.59 and a debt-to-equity ratio of 0.13. The firm has a market capitalization of $47.09 billion, a PE ratio of 61.75, a price-to-earnings-growth ratio of 3.03 and a beta of 1.77. The firm has a 50-day moving average price of $71.24 and a 200 day moving average price of $52.45.

GlobalFoundries (NASDAQ:GFS) last released its quarterly earnings data on Tuesday, May 5th. The company reported $0.40 earnings per share 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 company had revenue of $1.63 billion for the quarter, compared to analyst estimates of $1.63 billion. During the same period in the prior year, the company posted $0.34 EPS. The company’s revenue was up 3.1% compared to the same quarter last year. GlobalFoundries has set its Q2 2026 guidance at 0.250-0.350 EPS. Research analysts anticipate that GlobalFoundries Inc. will post 1.38 earnings per share for the current fiscal year.

GlobalFoundries Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, July 14th. Investors of record on Wednesday, June 24th will be given a dividend of $0.12 per share. The ex-dividend date is Wednesday, June 24th. This represents a $0.48 dividend on an annualized basis and a dividend yield of 0.6%.

Analyst Upgrades and Downgrades

Several brokerages have commented on GFS. Jefferies Financial Group reaffirmed a “hold” rating and issued a $65.00 price target on shares of GlobalFoundries in a research report on Wednesday, May 6th. Susquehanna increased their price objective on GlobalFoundries to $125.00 and gave the company a “positive” rating in a research report on Monday, May 11th. JPMorgan Chase & Co. raised their price objective on shares of GlobalFoundries from $45.00 to $70.00 and gave the stock a “neutral” rating in a research note on Wednesday, May 6th. Citigroup boosted their target price on shares of GlobalFoundries from $49.00 to $70.00 and gave the stock a “neutral” rating in a research report on Wednesday, May 6th. Finally, Evercore reiterated an “outperform” rating and set a $85.00 target price on shares of GlobalFoundries in a research note on Tuesday, May 19th. Nine investment analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $73.29.

Insider Transactions at GlobalFoundries

In other news, insider Samak L. Azar sold 335 shares of GlobalFoundries stock in a transaction that occurred on Thursday, June 11th. The shares were sold at an average price of $77.00, for a total value of $25,795.00. Following the completion of the transaction, the insider owned 14,154 shares in the company, valued at approximately $1,089,858. The trade was a 2.31% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Michael James Hogan sold 2,800 shares of GlobalFoundries stock in a transaction that occurred on Wednesday, June 10th. The shares were sold at an average price of $75.17, for a total transaction of $210,476.00. Following the completion of the transaction, the insider owned 6,695 shares of the company’s stock, valued at $503,263.15. This trade represents a 29.49% 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 21,340 shares of company stock valued at $1,359,960 in the last quarter.

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.