X Square Capital LLC Lowers Stock Position in GlobalFoundries Inc. $GFS

X Square Capital LLC lessened its stake in GlobalFoundries Inc. (NASDAQ:GFS) by 73.9% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 6,341 shares of the company’s stock after selling 17,960 shares during the period. X Square Capital LLC’s holdings in GlobalFoundries were worth $227,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Entropy Technologies LP purchased a new position in GlobalFoundries in the second quarter worth $710,000. CWM LLC grew its position in GlobalFoundries by 973.6% during the third quarter. CWM LLC now owns 50,943 shares of the company’s stock valued at $1,826,000 after acquiring an additional 46,198 shares during the last quarter. SG Americas Securities LLC raised its stake in shares of GlobalFoundries by 997.6% during the third quarter. SG Americas Securities LLC now owns 88,717 shares of the company’s stock worth $3,180,000 after acquiring an additional 80,634 shares in the last quarter. Creative Planning boosted its stake in shares of GlobalFoundries by 44.8% in the 2nd quarter. Creative Planning now owns 29,905 shares of the company’s stock valued at $1,142,000 after purchasing an additional 9,253 shares in the last quarter. Finally, Dynamic Technology Lab Private Ltd bought a new position in shares of GlobalFoundries during the 2nd quarter valued at $907,000.

Analyst Ratings Changes

Several equities research analysts recently weighed in on GFS shares. Citigroup increased their target price on GlobalFoundries from $42.00 to $49.00 and gave the company a “neutral” rating in a report on Thursday, February 12th. Weiss Ratings reiterated a “sell (d)” rating on shares of GlobalFoundries in a research report on Thursday, January 22nd. The Goldman Sachs Group increased their price objective on GlobalFoundries from $40.00 to $46.00 and gave the company a “neutral” rating in a research note on Wednesday, February 11th. Zacks Research raised shares of GlobalFoundries from a “strong sell” rating to a “hold” rating in a research note on Friday, January 30th. Finally, Bank of America upped their price target on shares of GlobalFoundries from $33.00 to $37.00 and gave the company an “underperform” rating in a report on Thursday, December 4th. Six research analysts have rated the stock with a Buy rating, twelve have given a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $46.13.

GlobalFoundries Price Performance

GFS opened at $46.19 on Monday. The company has a debt-to-equity ratio of 0.13, a quick ratio of 1.95 and a current ratio of 2.62. The stock has a market capitalization of $25.54 billion, a PE ratio of 29.05, a price-to-earnings-growth ratio of 1.82 and a beta of 1.49. The stock’s 50 day moving average price is $41.20 and its 200-day moving average price is $36.86. GlobalFoundries Inc. has a 52-week low of $29.77 and a 52-week high of $50.98.

GlobalFoundries (NASDAQ:GFS) last released its quarterly earnings results on Wednesday, February 11th. The company reported $0.55 earnings per share for the quarter, beating the consensus estimate of $0.47 by $0.08. GlobalFoundries had a net margin of 13.05% and a return on equity of 6.86%. The business had revenue of $1.83 billion for the quarter, compared to analysts’ expectations of $1.80 billion. During the same quarter in the previous year, the business posted $0.46 earnings per share. The firm’s revenue for the quarter was up .0% compared to the same quarter last year. GlobalFoundries has set its Q1 2026 guidance at 0.300-0.400 EPS. On average, equities research analysts predict that GlobalFoundries Inc. will post 1.31 EPS for the current 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.