Eaton Financial Holdings Company LLC Boosts Stock Position in GlobalFoundries Inc. $GFS

Eaton Financial Holdings Company LLC lifted its position in GlobalFoundries Inc. (NASDAQ:GFS) by 16.2% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 61,963 shares of the company’s stock after buying an additional 8,628 shares during the quarter. Eaton Financial Holdings Company LLC’s holdings in GlobalFoundries were worth $2,164,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. WealthCollab LLC raised its holdings in shares of GlobalFoundries by 674.7% in the 4th quarter. WealthCollab LLC now owns 705 shares of the company’s stock valued at $25,000 after buying an additional 614 shares during the period. True Wealth Design LLC raised its holdings in shares of GlobalFoundries by 216.7% in the 4th quarter. True Wealth Design LLC now owns 795 shares of the company’s stock valued at $28,000 after buying an additional 544 shares during the period. Clearstead Advisors LLC raised its holdings in shares of GlobalFoundries by 91.9% in the 3rd quarter. Clearstead Advisors LLC now owns 808 shares of the company’s stock valued at $29,000 after buying an additional 387 shares during the period. Covestor Ltd raised its holdings in shares of GlobalFoundries by 57.6% in the 4th quarter. Covestor Ltd now owns 955 shares of the company’s stock valued at $33,000 after buying an additional 349 shares during the period. Finally, Pilgrim Partners Asia Pte Ltd purchased a new stake in shares of GlobalFoundries in the 4th quarter valued at $41,000.

Key Stories Impacting GlobalFoundries

Here are the key news stories impacting GlobalFoundries this week:

• Positive Sentiment: GlobalFoundries presented at TD Cowen’s 54th Annual Technology, Media & Telecom Conference, which keeps management in front of investors and may help reinforce its growth strategy and demand outlook. Article Title
• Positive Sentiment: The company recently reported better-than-expected quarterly earnings, with EPS of $0.40 topping estimates of $0.35, and revenue roughly in line with expectations, signaling that core business execution remains intact.
• Neutral Sentiment: GlobalFoundries also announced a quarterly dividend of $0.12 per share, which supports shareholder returns but is not large enough to be a major near-term catalyst.
• Neutral Sentiment: Institutional and market commentary around quantum computing and federal funding mentions GFS as a potential beneficiary of broader tech/foundry demand, but these articles are speculative and not direct company-specific catalysts. Article Title
• Negative Sentiment: Mubadala’s sale of 22 million shares, along with a separate insider sale by Samak Azar, may be weighing on sentiment because investors often interpret insider or large shareholder selling as a lack of near-term conviction. Article Title
• Negative Sentiment: Analyst sentiment remains cautious overall, with a consensus rating of “Hold,” which can limit enthusiasm even after recent earnings strength.

Analysts Set New Price Targets

Several brokerages have weighed in on GFS. Zacks Research upgraded GlobalFoundries from a “strong sell” rating to a “hold” rating in a report on Friday, January 30th. Weiss Ratings upgraded GlobalFoundries from a “sell (d)” rating to a “hold (c)” rating in a report on Monday, March 2nd. Evercore restated an “outperform” rating and set a $85.00 price target on shares of GlobalFoundries in a report on Tuesday, May 19th. Morgan Stanley upped their price target on GlobalFoundries from $58.00 to $65.00 and gave the stock an “equal weight” rating in a report on Wednesday, May 6th. Finally, Wedbush restated a “neutral” rating and set a $50.00 price target on shares of GlobalFoundries in a report on Monday, May 4th. Eight analysts have rated the stock with a Buy rating, eleven have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, GlobalFoundries has an average rating of “Hold” and a consensus target price of $69.88.

Insider Transactions at GlobalFoundries

In other news, Director Glenda Dorchak sold 4,000 shares of the company’s stock in a transaction dated Monday, April 20th. The stock was sold at an average price of $58.46, for a total transaction of $233,840.00. Following the completion of the transaction, the director directly owned 18,867 shares of the company’s stock, valued at approximately $1,102,964.82. This represents a 17.49% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Samak L. Azar sold 500 shares of the company’s stock in a transaction dated Thursday, April 23rd. The stock was sold at an average price of $59.66, for a total value of $29,830.00. Following the transaction, the insider directly owned 16,994 shares of the company’s stock, valued at approximately $1,013,862.04. This represents a 2.86% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last ninety days, insiders sold 17,035 shares of company stock valued at $935,699.

GlobalFoundries Price Performance

Shares of NASDAQ GFS opened at $81.11 on Thursday. The stock’s 50-day moving average is $58.68 and its two-hundred day moving average is $46.95. The company has a debt-to-equity ratio of 0.13, a current ratio of 2.59 and a quick ratio of 1.87. GlobalFoundries Inc. has a 1-year low of $31.51 and a 1-year high of $92.55. The company has a market cap of $45.13 billion, a price-to-earnings ratio of 58.35, a price-to-earnings-growth ratio of 3.18 and a beta of 1.71.

GlobalFoundries (NASDAQ:GFS) last released its quarterly earnings data on Tuesday, May 5th. The company reported $0.40 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.35 by $0.05. The business had revenue of $1.63 billion during the quarter, compared to analysts’ expectations of $1.63 billion. GlobalFoundries had a return on equity of 6.85% and a net margin of 11.40%.The business’s quarterly revenue was up 3.1% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.34 EPS. GlobalFoundries has set its Q2 2026 guidance at 0.250-0.350 EPS. Analysts forecast that GlobalFoundries Inc. will post 1.38 EPS for the current fiscal year.

GlobalFoundries Announces Dividend

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

About GlobalFoundries

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.