GlobalFoundries Inc. $GFS Shares Bought by Vanguard Personalized Indexing Management LLC

Vanguard Personalized Indexing Management LLC grew its position in shares of GlobalFoundries Inc. (NASDAQ:GFS) by 20.6% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 16,100 shares of the company’s stock after purchasing an additional 2,753 shares during the quarter. Vanguard Personalized Indexing Management LLC’s holdings in GlobalFoundries were worth $615,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also made changes to their positions in the company. Sumitomo Mitsui Trust Group Inc. grew its stake in GlobalFoundries by 15.7% during the 1st quarter. Sumitomo Mitsui Trust Group Inc. now owns 126,266 shares of the company’s stock worth $4,660,000 after buying an additional 17,143 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. grew its position in shares of GlobalFoundries by 9.6% during the first quarter. Mirae Asset Global Investments Co. Ltd. now owns 907,446 shares of the company’s stock worth $33,476,000 after acquiring an additional 79,670 shares during the last quarter. Janney Montgomery Scott LLC grew its position in shares of GlobalFoundries by 49.0% during the first quarter. Janney Montgomery Scott LLC now owns 31,342 shares of the company’s stock worth $1,157,000 after acquiring an additional 10,313 shares during the last quarter. 111 Capital acquired a new position in shares of GlobalFoundries in the 2nd quarter valued at $343,000. Finally, Signaturefd LLC raised its position in GlobalFoundries by 51.3% in the 1st quarter. Signaturefd LLC now owns 1,026 shares of the company’s stock valued at $38,000 after purchasing an additional 348 shares during the last quarter.

GlobalFoundries Stock Down 0.0%

GFS stock opened at $35.56 on Wednesday. The company has a debt-to-equity ratio of 0.13, a current ratio of 2.63 and a quick ratio of 1.92. The company’s 50 day simple moving average is $33.85 and its 200-day simple moving average is $35.85. The firm has a market capitalization of $19.66 billion, a PE ratio of -169.33, a P/E/G ratio of 1.39 and a beta of 1.49. GlobalFoundries Inc. has a 12 month low of $29.77 and a 12 month high of $47.69.

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

Wall Street Analyst Weigh In

GFS has been the topic of several research reports. Bank of America downgraded shares of GlobalFoundries from a “neutral” rating to an “underperform” rating and set a $35.00 price objective on the stock. in a research report on Monday, October 13th. Weiss Ratings reissued a “sell (d)” rating on shares of GlobalFoundries in a report on Wednesday, October 8th. Morgan Stanley reduced their price objective on GlobalFoundries from $38.00 to $35.00 and set an “equal weight” rating for the company in a research note on Wednesday, August 6th. Arete raised GlobalFoundries from a “sell” rating to a “neutral” rating and set a $37.00 price objective for the company in a research report on Wednesday, August 27th. Finally, UBS Group dropped their price target on shares of GlobalFoundries from $43.00 to $37.00 and set a “neutral” rating on the stock in a research note on Wednesday, August 6th. Six analysts have rated the stock with a Buy rating, eight have given a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat, GlobalFoundries currently has an average rating of “Hold” and a consensus target price of $43.20.

GlobalFoundries Company Profile

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.