GlobalFoundries Inc. $GFS Stake Increased by ArrowMark Colorado Holdings LLC

Key Points

• ArrowMark Colorado Holdings LLC boosted its stake in GlobalFoundries by 5.8% in Q3 to 2,274,261 shares (about 0.41% of GFS), valued at roughly $81.5 million, making GFS its 9th-largest holding and 1.5% of ArrowMark's portfolio.
• GlobalFoundries beat expectations with $0.55 EPS vs. $0.47 expected and $1.83B revenue vs. $1.80B, set Q1 2026 guidance of $0.30–$0.40, and trades around $41.86 with a consensus "Hold" rating and $46.13 average target.

ArrowMark Colorado Holdings LLC boosted its stake in GlobalFoundries Inc. (NASDAQ:GFS - Free Report) by 5.8% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 2,274,261 shares of the company's stock after purchasing an additional 124,812 shares during the quarter. GlobalFoundries makes up 1.5% of ArrowMark Colorado Holdings LLC's investment portfolio, making the stock its 9th largest position. ArrowMark Colorado Holdings LLC owned about 0.41% of GlobalFoundries worth $81,510,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also added to or reduced their stakes in the stock. Profund Advisors LLC lifted its holdings in shares of GlobalFoundries by 0.7% in the third quarter. Profund Advisors LLC now owns 45,349 shares of the company's stock worth $1,625,000 after buying an additional 299 shares in the last quarter. The Manufacturers Life Insurance Company boosted its position in shares of GlobalFoundries by 3.4% in the second quarter. The Manufacturers Life Insurance Company now owns 9,744 shares of the company's stock valued at $372,000 after acquiring an additional 324 shares during the period. California State Teachers Retirement System grew its stake in GlobalFoundries by 5.7% during the second quarter. California State Teachers Retirement System now owns 6,480 shares of the company's stock valued at $248,000 after acquiring an additional 347 shares in the last quarter. Clearstead Advisors LLC grew its stake in GlobalFoundries by 91.9% during the third quarter. Clearstead Advisors LLC now owns 808 shares of the company's stock valued at $29,000 after acquiring an additional 387 shares in the last quarter. Finally, Allworth Financial LP increased its holdings in GlobalFoundries by 85.5% during the 2nd quarter. Allworth Financial LP now owns 894 shares of the company's stock worth $34,000 after acquiring an additional 412 shares during the period.

Wall Street Analysts Forecast Growth

Several analysts have issued reports on GFS shares. UBS Group set a $50.00 target price on shares of GlobalFoundries in a research note on Thursday, February 12th. TD Cowen restated a "buy" rating on shares of GlobalFoundries in a research report on Thursday, February 12th. Wall Street Zen cut shares of GlobalFoundries from a "buy" rating to a "hold" rating in a report on Saturday, November 15th. Needham & Company LLC increased their price objective on GlobalFoundries from $42.00 to $55.00 and gave the stock a "buy" rating in a research report on Thursday, February 12th. Finally, Morgan Stanley set a $43.00 price objective on GlobalFoundries in a research note on Monday, February 9th. Six equities research analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Hold" and an average target price of $46.13.

GlobalFoundries Trading Up 0.6%

Shares of GFS opened at $41.86 on Friday. GlobalFoundries Inc. has a 1-year low of $29.77 and a 1-year high of $50.98. The company has a market capitalization of $23.29 billion, a P/E ratio of 26.33, a P/E/G ratio of 1.65 and a beta of 1.47. The company has a debt-to-equity ratio of 0.13, a current ratio of 2.62 and a quick ratio of 1.95. The firm's 50 day simple moving average is $44.34 and its 200 day simple moving average is $38.24.

GlobalFoundries (NASDAQ:GFS - Get Free Report) last released its quarterly earnings results on Wednesday, February 11th. The company reported $0.55 EPS for the quarter, topping analysts' consensus estimates of $0.47 by $0.08. The business had revenue of $1.83 billion during the quarter, compared to analysts' expectations of $1.80 billion. GlobalFoundries had a net margin of 13.05% and a return on equity of 6.86%. The business's quarterly revenue was up .0% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.46 EPS. GlobalFoundries has set its Q1 2026 guidance at 0.300-0.400 EPS. Sell-side analysts forecast that GlobalFoundries Inc. will post 1.31 earnings per share for the current fiscal year.

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.

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