Eaton Financial Holdings Company LLC Purchases Shares of 11,268 GlobalFoundries Inc. $GFS

Key Points

• Eaton Financial Holdings Company LLC has acquired a new stake in GlobalFoundries Inc., purchasing 11,268 shares valued at approximately $430,000 during the 2nd quarter.
• Recent research from Morgan Stanley reduced the price objective for GlobalFoundries from $38 to $35, while Wall Street Zen upgraded its rating from "hold" to "buy".
• GlobalFoundries has reported an earnings per share of $0.42 for the last quarter, exceeding estimates, and anticipates Q3 2025 EPS guidance between 0.330 and 0.430.

Eaton Financial Holdings Company LLC bought a new stake in GlobalFoundries Inc. (NASDAQ:GFS - Free Report) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 11,268 shares of the company's stock, valued at approximately $430,000.

Other institutional investors have also modified their holdings of the company. Quantinno Capital Management LP purchased a new position in GlobalFoundries during the 4th quarter worth $423,000. Toronto Dominion Bank lifted its position in shares of GlobalFoundries by 110.2% in the fourth quarter. Toronto Dominion Bank now owns 16,500 shares of the company's stock valued at $708,000 after acquiring an additional 8,649 shares in the last quarter. Lansforsakringar Fondforvaltning AB publ acquired a new stake in shares of GlobalFoundries during the 4th quarter worth about $204,000. GAMMA Investing LLC grew its stake in GlobalFoundries by 9,009.1% in the 1st quarter. GAMMA Investing LLC now owns 24,139 shares of the company's stock worth $891,000 after acquiring an additional 23,874 shares during the period. Finally, Rhumbline Advisers lifted its position in 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 period.

Wall Street Analyst Weigh In

Several research firms have recently issued reports on GFS. Morgan Stanley dropped their price objective on shares of GlobalFoundries from $38.00 to $35.00 and set an "equal weight" rating for the company in a research report on Wednesday, August 6th. Wall Street Zen upgraded GlobalFoundries from a "hold" rating to a "buy" rating in a research note on Monday, September 15th. Argus assumed coverage on shares of GlobalFoundries in a research note on Tuesday, July 1st. They set a "buy" rating and a $52.00 price objective on the stock. Citigroup upped their price target on shares of GlobalFoundries from $35.00 to $42.00 and gave the stock a "neutral" rating in a research report on Monday, July 7th. Finally, Arete Research set a $37.00 price objective on shares of GlobalFoundries in a report on Wednesday, August 27th. Six research analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the company's stock. According to MarketBeat, the company currently has an average rating of "Hold" and a consensus price target of $43.79.

GlobalFoundries Stock Up 0.8%

Shares of GFS stock opened at $33.17 on Tuesday. GlobalFoundries Inc. has a 52-week low of $29.77 and a 52-week high of $47.69. The stock has a market cap of $18.34 billion, a price-to-earnings ratio of -157.94, a PEG ratio of 1.07 and a beta of 1.48. The firm's 50-day moving average is $34.92 and its 200-day moving average is $36.21. The company has a debt-to-equity ratio of 0.13, a quick ratio of 1.92 and a current ratio of 2.63.

GlobalFoundries (NASDAQ:GFS - Get Free Report) last posted its quarterly earnings data on Tuesday, August 5th. The company reported $0.42 earnings per share for the quarter, topping the consensus estimate 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 firm had revenue of $1.69 billion for the quarter, compared to analysts' expectations of $1.68 billion. During the same quarter last year, the business earned $0.38 EPS. The company's quarterly revenue was up 3.4% compared to the same quarter last year. GlobalFoundries has set its Q3 2025 guidance at 0.330-0.430 EPS. Sell-side analysts predict that GlobalFoundries Inc. will post 1.31 EPS for the current year.

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.

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