Talos Eurisko Asset Management LP Acquires New Shares in GlobalFoundries Inc. $GFS

Talos Eurisko Asset Management LP bought a new stake in GlobalFoundries Inc. (NASDAQ:GFS) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 184,000 shares of the company’s stock, valued at approximately $6,595,000. GlobalFoundries accounts for about 1.3% of Talos Eurisko Asset Management LP’s holdings, making the stock its 19th biggest position.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Clearstead Advisors LLC increased its stake in shares of GlobalFoundries by 91.9% in the 3rd quarter. Clearstead Advisors LLC now owns 808 shares of the company’s stock valued at $29,000 after acquiring an additional 387 shares during the last quarter. Allworth Financial LP grew its holdings in GlobalFoundries by 85.5% during the second quarter. Allworth Financial LP now owns 894 shares of the company’s stock valued at $34,000 after purchasing an additional 412 shares during the period. First Horizon Corp bought a new stake in GlobalFoundries in the third quarter valued at approximately $33,000. Frazier Financial Advisors LLC bought a new position in shares of GlobalFoundries during the third quarter worth $43,000. Finally, PNC Financial Services Group Inc. grew its holdings in shares of GlobalFoundries by 1,169.6% in the 2nd quarter. PNC Financial Services Group Inc. now owns 1,714 shares of the company’s stock valued at $65,000 after buying an additional 1,579 shares during the period.

Analysts Set New Price Targets

Several brokerages have issued reports on GFS. The Goldman Sachs Group increased their price target on GlobalFoundries from $40.00 to $46.00 and gave the stock a “neutral” rating in a report on Wednesday, February 11th. Weiss Ratings upgraded shares of GlobalFoundries from a “sell (d)” rating to a “hold (c)” rating in a report on Monday. Citigroup lifted their price target on shares of GlobalFoundries from $42.00 to $49.00 and gave the company a “neutral” rating in a research note on Thursday, February 12th. Needham & Company LLC increased their price objective on shares of GlobalFoundries from $42.00 to $55.00 and gave the stock a “buy” rating in a research report on Thursday, February 12th. Finally, Wedbush raised their price objective on shares of GlobalFoundries from $40.00 to $50.00 and gave the stock a “neutral” rating in a report on Thursday, February 12th. Six 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 data from MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $46.13.

GlobalFoundries Stock Performance

NASDAQ GFS opened at $47.57 on Thursday. GlobalFoundries Inc. has a 1 year low of $29.77 and a 1 year high of $50.98. The firm has a market capitalization of $26.44 billion, a P/E ratio of 29.92, a price-to-earnings-growth ratio of 1.86 and a beta of 1.47. The firm’s fifty day moving average price is $43.01 and its two-hundred day moving average price is $37.67. The company has a current ratio of 2.62, a quick ratio of 1.95 and a debt-to-equity ratio of 0.13.

GlobalFoundries (NASDAQ:GFS) last announced its quarterly earnings results on Wednesday, February 11th. The company reported $0.55 earnings per share for the quarter, topping analysts’ consensus estimates of $0.47 by $0.08. GlobalFoundries had a return on equity of 6.86% and a net margin of 13.05%.The firm had revenue of $1.83 billion for the quarter, compared to the consensus estimate of $1.80 billion. During the same quarter in the previous year, the business earned $0.46 earnings per share. The business’s revenue was up .0% compared to the same quarter last year. GlobalFoundries has set its Q1 2026 guidance at 0.300-0.400 EPS. As a group, research analysts anticipate 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.