X Square Capital LLC Reduces Stock Holdings in GlobalFoundries Inc. $GFS

X Square Capital LLC lowered its holdings in shares of GlobalFoundries Inc. (NASDAQ:GFS) by 73.9% in the 3rd quarter, Holdings Channel.com reports. The firm owned 6,341 shares of the company’s stock after selling 17,960 shares during the quarter. X Square Capital LLC’s holdings in GlobalFoundries were worth $227,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also recently made changes to their positions in GFS. Ameritas Investment Partners Inc. grew its position in GlobalFoundries by 2.4% during the third quarter. Ameritas Investment Partners Inc. now owns 18,509 shares of the company’s stock valued at $663,000 after buying an additional 430 shares during the period. China Universal Asset Management Co. Ltd. boosted its stake in shares of GlobalFoundries by 16.7% during the 3rd quarter. China Universal Asset Management Co. Ltd. now owns 14,651 shares of the company’s stock worth $525,000 after acquiring an additional 2,097 shares during the last quarter. ICICI Prudential Asset Management Co Ltd boosted its stake in shares of GlobalFoundries by 23.0% during the 3rd quarter. ICICI Prudential Asset Management Co Ltd now owns 8,522 shares of the company’s stock worth $305,000 after acquiring an additional 1,593 shares during the last quarter. NEOS Investment Management LLC grew its position in shares of GlobalFoundries by 81.4% during the 3rd quarter. NEOS Investment Management LLC now owns 184,765 shares of the company’s stock valued at $6,622,000 after acquiring an additional 82,890 shares during the period. Finally, Rothschild Investment LLC increased its stake in shares of GlobalFoundries by 13,308.0% in the 3rd quarter. Rothschild Investment LLC now owns 3,352 shares of the company’s stock worth $120,000 after purchasing an additional 3,327 shares in the last quarter.

Wall Street Analysts Forecast Growth

Several equities analysts recently weighed in on GFS shares. Bank of America lifted their target price on GlobalFoundries from $33.00 to $37.00 and gave the company an “underperform” rating in a research report on Thursday, December 4th. The Goldman Sachs Group raised their target price on shares of GlobalFoundries from $40.00 to $46.00 and gave the stock a “neutral” rating in a research note on Wednesday, February 11th. Wedbush increased their price objective on shares of GlobalFoundries from $40.00 to $50.00 and gave the stock a “neutral” rating in a research note on Thursday, February 12th. Dbs Bank cut GlobalFoundries from a “moderate buy” rating to a “hold” rating in a research report on Friday, February 13th. Finally, Jefferies Financial Group reaffirmed a “hold” rating and issued a $38.00 price objective on shares of GlobalFoundries in a research note on Monday, October 27th. Six research analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat, GlobalFoundries presently has a consensus rating of “Hold” and an average target price of $46.13.

GlobalFoundries Trading Up 1.7%

Shares of GFS opened at $46.19 on Monday. The company’s fifty day simple moving average is $41.20 and its 200-day simple moving average is $36.86. The company has a market cap of $25.54 billion, a P/E ratio of 29.05, a P/E/G ratio of 1.82 and a beta of 1.49. The company has a current ratio of 2.62, a quick ratio of 1.95 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 $50.98.

GlobalFoundries (NASDAQ:GFS) last released its earnings results on Wednesday, February 11th. The company reported $0.55 EPS for the quarter, beating analysts’ consensus estimates of $0.47 by $0.08. The firm had revenue of $1.83 billion for the quarter, compared to analysts’ expectations of $1.80 billion. GlobalFoundries had a return on equity of 6.86% and a net margin of 13.05%.The company’s quarterly revenue was up .0% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.46 earnings per share. GlobalFoundries has set its Q1 2026 guidance at 0.300-0.400 EPS. As a group, analysts expect that GlobalFoundries Inc. will post 1.31 EPS for the current year.

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.