Signaturefd LLC Purchases 712 Shares of GlobalFoundries Inc. $GFS

Signaturefd LLC increased its position in shares of GlobalFoundries Inc. (NASDAQ:GFS) by 69.4% during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,738 shares of the company’s stock after acquiring an additional 712 shares during the quarter. Signaturefd LLC’s holdings in GlobalFoundries were worth $66,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. GAMMA Investing LLC lifted its position in GlobalFoundries by 9,009.1% during the 1st quarter. GAMMA Investing LLC now owns 24,139 shares of the company’s stock valued at $891,000 after purchasing an additional 23,874 shares during the period. Rhumbline Advisers raised its stake in shares of GlobalFoundries by 1.5% during the first quarter. Rhumbline Advisers now owns 90,226 shares of the company’s stock worth $3,330,000 after buying an additional 1,311 shares during the last quarter. Sanibel Captiva Trust Company Inc. lifted its holdings in GlobalFoundries by 21.1% in the first quarter. Sanibel Captiva Trust Company Inc. now owns 11,470 shares of the company’s stock valued at $423,000 after buying an additional 2,000 shares during the period. Janney Montgomery Scott LLC lifted its holdings in GlobalFoundries by 49.0% in the first quarter. Janney Montgomery Scott LLC now owns 31,342 shares of the company’s stock valued at $1,157,000 after buying an additional 10,313 shares during the period. Finally, Global X Japan Co. Ltd. boosted its stake in GlobalFoundries by 2.4% in the first quarter. Global X Japan Co. Ltd. now owns 45,877 shares of the company’s stock valued at $1,693,000 after acquiring an additional 1,060 shares during the last quarter.

GlobalFoundries Stock Up 0.2%

GlobalFoundries stock opened at $35.81 on Monday. The company has a 50 day moving average of $33.97 and a 200-day moving average of $36.01. The company has a quick ratio of 1.92, a current ratio of 2.63 and a debt-to-equity ratio of 0.13. GlobalFoundries Inc. has a twelve month low of $29.77 and a twelve month high of $47.69. The stock has a market capitalization of $19.80 billion, a PE ratio of -170.52, a price-to-earnings-growth ratio of 1.17 and a beta of 1.49.

GlobalFoundries (NASDAQ:GFS) last posted its quarterly earnings data on Tuesday, August 5th. The company reported $0.42 EPS for the quarter, beating the consensus estimate of $0.36 by $0.06. The business had revenue of $1.69 billion for the quarter, compared to analysts’ expectations of $1.68 billion. GlobalFoundries had a negative net margin of 1.68% and a positive return on equity of 6.55%. The firm’s revenue was up 3.4% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.38 EPS. GlobalFoundries has set its Q3 2025 guidance at 0.330-0.430 EPS. On average, equities research analysts anticipate that GlobalFoundries Inc. will post 1.31 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several analysts have commented on the stock. The Goldman Sachs Group began coverage on shares of GlobalFoundries in a research report on Thursday, July 10th. They set a “neutral” rating and a $40.00 target price for the company. Argus initiated coverage on GlobalFoundries in a research note on Tuesday, July 1st. They issued a “buy” rating and a $52.00 target price on the stock. UBS Group reduced their target price on GlobalFoundries from $43.00 to $37.00 and set a “neutral” rating on the stock in a report on Wednesday, August 6th. Citigroup upped their price target on GlobalFoundries from $35.00 to $42.00 and gave the company a “neutral” rating in a research note on Monday, July 7th. Finally, Morgan Stanley decreased their price objective on shares of GlobalFoundries from $38.00 to $35.00 and set an “equal weight” rating for the company in a report on Wednesday, August 6th. Six equities research analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $43.79.

About GlobalFoundries

GlobalFoundries Inc, a semiconductor foundry, provides range of mainstream wafer fabrication services and technologies worldwide. It manufactures various semiconductor devices, including microprocessors, mobile application processors, baseband processors, network processors, radio frequency modems, microcontrollers, and power management units.