11,731 Shares in GlobalFoundries Inc. $GFS Purchased by FourThought Financial Partners LLC

FourThought Financial Partners LLC acquired a new position in shares of GlobalFoundries Inc. (NASDAQ:GFS) in the fourth quarter, HoldingsChannel reports. The firm acquired 11,731 shares of the company’s stock, valued at approximately $410,000.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Profund Advisors LLC boosted its stake in GlobalFoundries by 0.7% in the 3rd quarter. Profund Advisors LLC now owns 45,349 shares of the company’s stock worth $1,625,000 after buying an additional 299 shares during the last quarter. The Manufacturers Life Insurance Company boosted its stake in GlobalFoundries by 3.4% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 9,744 shares of the company’s stock worth $372,000 after buying an additional 324 shares during the last quarter. California State Teachers Retirement System boosted its stake in GlobalFoundries by 5.7% in the 2nd quarter. California State Teachers Retirement System now owns 6,480 shares of the company’s stock worth $248,000 after buying an additional 347 shares during the last quarter. Covestor Ltd boosted its stake in GlobalFoundries by 57.6% in the 4th quarter. Covestor Ltd now owns 955 shares of the company’s stock worth $33,000 after buying an additional 349 shares during the last quarter. Finally, Public Employees Retirement System of Ohio boosted its stake in GlobalFoundries by 1.1% in the 3rd quarter. Public Employees Retirement System of Ohio now owns 33,242 shares of the company’s stock worth $1,191,000 after buying an additional 370 shares during the last quarter.

GlobalFoundries Stock Performance

GlobalFoundries stock opened at $81.35 on Friday. The stock’s 50 day moving average price is $55.26 and its 200 day moving average price is $45.53. The firm has a market capitalization of $45.26 billion, a PE ratio of 58.53, a price-to-earnings-growth ratio of 2.50 and a beta of 1.71. The company has a debt-to-equity ratio of 0.13, a quick ratio of 1.87 and a current ratio of 2.59. GlobalFoundries Inc. has a one year low of $31.51 and a one year high of $81.46.

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

GlobalFoundries Announces Dividend

The business also recently declared 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 of this dividend is Wednesday, June 24th. This represents a $0.48 annualized dividend and a yield of 0.6%. GlobalFoundries’s payout ratio is 34.53%.

Insider Buying and Selling

In other GlobalFoundries news, insider Michael James Hogan sold 2,300 shares of GlobalFoundries stock in a transaction that occurred on Wednesday, April 29th. The stock was sold at an average price of $60.69, for a total transaction of $139,587.00. Following the sale, the insider directly owned 16,045 shares in the company, valued at $973,771.05. The trade was a 12.54% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Samak L. Azar sold 500 shares of GlobalFoundries stock in a transaction that occurred on Thursday, April 23rd. The stock was sold at an average price of $59.66, for a total value of $29,830.00. Following the sale, the insider owned 16,994 shares in the company, valued at $1,013,862.04. This represents a 2.86% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last ninety days, insiders have sold 16,700 shares of company stock valued at $909,572.

GlobalFoundries News Roundup

Here are the key news stories impacting GlobalFoundries this week:

• Positive Sentiment: GlobalFoundries launched Quantum Technology Solutions, a new unit focused on manufacturing quantum hardware components such as cryogenic control chips, advanced packaging, and superconducting interconnects, signaling an expansion into a high-growth niche. GlobalFoundries launches Quantum Technology Solutions to scale U.S. quantum manufacturing
• Positive Sentiment: The company disclosed a proposed $375 million U.S. award tied to the new quantum initiative, plus a strategic equity investment by the U.S. Department of Commerce representing about 1% ownership, which investors may view as government validation and a source of funding support. GlobalFoundries jumps as it launches quantum manufacturing unit and discloses proposed $375M U.S. award plus equity investment
• Positive Sentiment: Broader headlines about the U.S. planning roughly $2 billion in quantum-related funding across several companies are lifting sentiment across the sector, helping boost GlobalFoundries along with peers such as IBM, D-Wave, and Rigetti. The Trump Administration Plans to Take Stakes in These Quantum Computing Firms. Their Stocks Are Soaring.
• Neutral Sentiment: Analyst coverage remains mixed, but recent price-target increases and a new buy rating may be adding to the stock’s momentum rather than being the main driver. New Buy Rating for GlobalFoundries Inc (GFS), the Technology Giant

Wall Street Analyst Weigh In

A number of brokerages have issued reports on GFS. JPMorgan Chase & Co. raised their price target on GlobalFoundries from $45.00 to $70.00 and gave the stock a “neutral” rating in a research note on Wednesday, May 6th. Needham & Company LLC raised their price target on GlobalFoundries from $55.00 to $80.00 and gave the stock a “buy” rating in a research note on Tuesday, May 5th. Robert W. Baird set a $100.00 price target on GlobalFoundries in a research note on Wednesday, May 6th. Loop Capital set a $80.00 price target on GlobalFoundries in a research note on Monday, May 4th. Finally, Dbs Bank lowered GlobalFoundries from a “moderate buy” rating to a “hold” rating in a research note on Friday, February 13th. Eight research analysts have rated the stock with a Buy rating, eleven have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $69.88.

GlobalFoundries Company 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.