Ethic Inc. Has $589,000 Stock Holdings in GlobalFoundries Inc. $GFS

Key Points

• Ethic Inc. has reduced its stakes in GlobalFoundries Inc. by 54.4%, holding 16,361 shares worth approximately $589,000 after selling 19,493 shares in the first quarter.
• Multiple institutional investors have adjusted their positions in GlobalFoundries, with SBI Securities Co. Ltd. increasing holdings by 26.3% and Signaturefd LLC by 51.3% during the same period.
• GlobalFoundries reported earnings of $0.42 per share for the quarter, exceeding consensus estimates, and set guidance for Q3 2025 at earnings between $0.330 and $0.430 per share.

Ethic Inc. lessened its position in shares of GlobalFoundries Inc. (NASDAQ:GFS - Free Report) by 54.4% during the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 16,361 shares of the company's stock after selling 19,493 shares during the quarter. Ethic Inc.'s holdings in GlobalFoundries were worth $589,000 at the end of the most recent quarter.

Several other large investors have also made changes to their positions in GFS. Banque Cantonale Vaudoise acquired a new position in GlobalFoundries in the first quarter valued at about $33,000. Signaturefd LLC lifted its stake in GlobalFoundries by 51.3% in the first quarter. Signaturefd LLC now owns 1,026 shares of the company's stock valued at $38,000 after buying an additional 348 shares during the period. SBI Securities Co. Ltd. lifted its stake in GlobalFoundries by 26.3% in the first quarter. SBI Securities Co. Ltd. now owns 1,539 shares of the company's stock valued at $57,000 after buying an additional 320 shares during the period. Migdal Insurance & Financial Holdings Ltd. acquired a new position in GlobalFoundries in the first quarter valued at about $102,000. Finally, Bayforest Capital Ltd acquired a new position in GlobalFoundries in the first quarter valued at about $180,000.

Analyst Upgrades and Downgrades

GFS has been the topic of several analyst reports. UBS Group cut their target price on GlobalFoundries from $43.00 to $37.00 and set a "neutral" rating on the stock in a research note on Wednesday, August 6th. Morgan Stanley cut their target price on GlobalFoundries from $38.00 to $35.00 and set an "equal weight" rating on the stock in a research note on Wednesday, August 6th. Citigroup raised their price target on GlobalFoundries from $35.00 to $42.00 and gave the stock a "neutral" rating in a research report on Monday, July 7th. Argus began coverage on GlobalFoundries in a research report on Tuesday, July 1st. They set a "buy" rating and a $52.00 price target on the stock. Finally, Wall Street Zen lowered GlobalFoundries from a "buy" rating to a "hold" rating in a research report on Saturday, August 9th. Six equities research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. According to MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus target price of $44.92.

GlobalFoundries Stock Down 1.8%

Shares of NASDAQ:GFS traded down $0.62 during mid-day trading on Tuesday, reaching $33.81. 2,901,915 shares of the stock were exchanged, compared to its average volume of 2,917,624. The company has a quick ratio of 1.92, a current ratio of 2.63 and a debt-to-equity ratio of 0.13. The company has a market cap of $18.69 billion, a P/E ratio of -160.99, a P/E/G ratio of 1.12 and a beta of 1.50. GlobalFoundries Inc. has a one year low of $29.77 and a one year high of $47.69. The stock's 50 day simple moving average is $37.34 and its 200-day simple moving average is $37.32.

GlobalFoundries (NASDAQ:GFS - Get Free Report) last posted its quarterly earnings results on Tuesday, August 5th. The company reported $0.42 earnings per share for the quarter, beating analysts' consensus estimates of $0.36 by $0.06. The firm had revenue of $1.69 billion during the quarter, compared to the consensus estimate of $1.68 billion. GlobalFoundries had a positive return on equity of 6.55% and a negative net margin of 1.68%.The business's revenue was up 3.4% compared to the same quarter last year. During the same period last year, the company earned $0.38 earnings per share. GlobalFoundries has set its Q3 2025 guidance at 0.330-0.430 EPS. As a group, equities research analysts predict that GlobalFoundries Inc. will post 1.31 EPS for the current year.

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.