111 Capital Acquires New Holdings in GlobalFoundries Inc. $GFS

111 Capital acquired a new stake in GlobalFoundries Inc. (NASDAQ:GFS) during the second quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 8,990 shares of the company’s stock, valued at approximately $343,000.

A number of other institutional investors have also made changes to their positions in GFS. Pacer Advisors Inc. raised its stake in shares of GlobalFoundries by 8,540.7% in the 1st quarter. Pacer Advisors Inc. now owns 2,472,634 shares of the company’s stock valued at $91,265,000 after acquiring an additional 2,444,018 shares in the last quarter. Alyeska Investment Group L.P. bought a new position in shares of GlobalFoundries in the 1st quarter valued at approximately $40,493,000. Woodline Partners LP acquired a new stake in GlobalFoundries in the 1st quarter valued at approximately $33,504,000. Nuveen LLC acquired a new stake in GlobalFoundries in the 1st quarter valued at approximately $8,525,000. Finally, Invesco Ltd. grew its holdings in GlobalFoundries by 6.9% in the 1st quarter. Invesco Ltd. now owns 2,491,747 shares of the company’s stock valued at $91,970,000 after buying an additional 159,936 shares during the last quarter.

GlobalFoundries Price Performance

Shares of NASDAQ:GFS opened at $35.94 on Tuesday. The company has a current ratio of 2.63, a quick ratio of 1.92 and a debt-to-equity ratio of 0.13. The firm has a market capitalization of $19.87 billion, a PE ratio of -171.13, a PEG ratio of 1.17 and a beta of 1.49. GlobalFoundries Inc. has a 1-year low of $29.77 and a 1-year high of $47.69. The business’s 50 day moving average is $33.87 and its 200-day moving average is $35.99.

GlobalFoundries (NASDAQ:GFS) last posted its earnings results on Tuesday, August 5th. The company reported $0.42 EPS for the quarter, topping the consensus estimate of $0.36 by $0.06. The business 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%.GlobalFoundries’s revenue was up 3.4% on a year-over-year basis. During the same quarter last year, the company earned $0.38 EPS. GlobalFoundries has set its Q3 2025 guidance at 0.330-0.430 EPS. Sell-side analysts predict that GlobalFoundries Inc. will post 1.31 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of analysts have issued reports on the company. Citigroup raised their target price on GlobalFoundries from $35.00 to $42.00 and gave the company a “neutral” rating in a report on Monday, July 7th. Argus assumed coverage on GlobalFoundries in a report on Tuesday, July 1st. They issued a “buy” rating and a $52.00 target price on the stock. UBS Group lowered their target price on GlobalFoundries from $43.00 to $37.00 and set a “neutral” rating on the stock in a report on Wednesday, August 6th. Weiss Ratings reaffirmed a “sell (d)” rating on shares of GlobalFoundries in a report on Saturday, September 27th. Finally, Arete Research set a $37.00 price objective on GlobalFoundries in a report on Wednesday, August 27th. Six investment analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the company has an average rating of “Hold” and a consensus target price of $43.79.

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.