Prevail Innovative Wealth Advisors LLC Takes $4.77 Million Position in GlobalFoundries Inc. $GFS

Key Points

• Prevail Innovative Wealth Advisors LLC initiated a new position in GlobalFoundries (NASDAQ: GFS), buying 133,076 shares worth about $4.77 million, equal to roughly 0.9% of its portfolio and the fund's 29th-largest holding.
• Several institutions also increased or started stakes in GFS—most notably First Trust Advisors LP, which added 350,743 shares to hold 2,659,454 shares (~$95.3 million), while Dimensional, Rafferty, Talos, and Aster each raised or initiated positions.
• Analysts have a consensus "Hold" rating with a $46.13 price target; GlobalFoundries recently beat Q4 EPS estimates ($0.55 vs. $0.47) and set Q1 2026 guidance of $0.30–$0.40, with FY EPS expected near $1.31.

Prevail Innovative Wealth Advisors LLC purchased a new position in GlobalFoundries Inc. (NASDAQ:GFS - Free Report) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 133,076 shares of the company's stock, valued at approximately $4,769,000. GlobalFoundries makes up about 0.9% of Prevail Innovative Wealth Advisors LLC's portfolio, making the stock its 29th biggest holding.

Several other large investors also recently bought and sold shares of GFS. First Trust Advisors LP increased its position in shares of GlobalFoundries by 15.2% during the third quarter. First Trust Advisors LP now owns 2,659,454 shares of the company's stock worth $95,315,000 after purchasing an additional 350,743 shares in the last quarter. Talos Eurisko Asset Management LP acquired a new stake in shares of GlobalFoundries during the 3rd quarter worth approximately $6,595,000. Dimensional Fund Advisors LP lifted its holdings in GlobalFoundries by 22.0% in the third quarter. Dimensional Fund Advisors LP now owns 1,041,979 shares of the company's stock valued at $37,362,000 after acquiring an additional 187,680 shares during the last quarter. Rafferty Asset Management LLC lifted its holdings in GlobalFoundries by 18.4% in the third quarter. Rafferty Asset Management LLC now owns 372,122 shares of the company's stock valued at $13,337,000 after acquiring an additional 57,774 shares during the last quarter. Finally, Aster Capital Management DIFC Ltd grew its position in GlobalFoundries by 61.7% in the third quarter. Aster Capital Management DIFC Ltd now owns 6,626 shares of the company's stock worth $237,000 after acquiring an additional 2,529 shares during the period.

Analyst Upgrades and Downgrades

GFS has been the subject of several recent analyst reports. Wall Street Zen cut GlobalFoundries from a "buy" rating to a "hold" rating in a research note on Saturday, November 15th. Needham & Company LLC increased their price target on GlobalFoundries from $42.00 to $55.00 and gave the stock a "buy" rating in a report on Thursday, February 12th. Bank of America increased their price target on GlobalFoundries from $33.00 to $37.00 and gave the stock an "underperform" rating in a report on Thursday, December 4th. Weiss Ratings raised GlobalFoundries from a "sell (d)" rating to a "hold (c)" rating in a research report on Monday, March 2nd. Finally, Morgan Stanley set a $43.00 price objective on shares of GlobalFoundries in a report on Monday, February 9th. Six equities research analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and one has assigned a Sell rating to the company's stock. According to MarketBeat.com, the stock currently has a consensus rating of "Hold" and a consensus price target of $46.13.

GlobalFoundries Stock Performance

NASDAQ:GFS opened at $46.88 on Friday. The company has a fifty day simple moving average of $43.48 and a two-hundred day simple moving average of $37.87. The company has a quick ratio of 1.95, a current ratio of 2.62 and a debt-to-equity ratio of 0.13. GlobalFoundries Inc. has a 52 week low of $29.77 and a 52 week high of $50.98. The company has a market cap of $26.06 billion, a price-to-earnings ratio of 29.48, a price-to-earnings-growth ratio of 1.85 and a beta of 1.47.

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

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