Janus Henderson Group PLC Makes New $1.11 Million Investment in GlobalFoundries Inc. $GFS

Janus Henderson Group PLC purchased a new position in GlobalFoundries Inc. (NASDAQ:GFS) in the first quarter, HoldingsChannel reports. The institutional investor purchased 24,906 shares of the company’s stock, valued at approximately $1,108,000.

Several other institutional investors and hedge funds have also made changes to their positions in GFS. Bessemer Group Inc. increased its position in shares of GlobalFoundries by 8,275,141.2% in the 1st quarter. Bessemer Group Inc. now owns 2,813,582 shares of the company’s stock valued at $125,147,000 after acquiring an additional 2,813,548 shares during the period. HRT Financial LP acquired a new stake in GlobalFoundries during the 4th quarter worth about $62,996,000. AQR Capital Management LLC grew its stake in GlobalFoundries by 168.2% during the 3rd quarter. AQR Capital Management LLC now owns 2,607,792 shares of the company’s stock valued at $93,463,000 after purchasing an additional 1,635,338 shares during the last quarter. Marshall Wace LLP grew its stake in GlobalFoundries by 126.0% during the 4th quarter. Marshall Wace LLP now owns 2,382,003 shares of the company’s stock valued at $83,180,000 after purchasing an additional 1,328,129 shares during the last quarter. Finally, UBS Group AG increased its holdings in shares of GlobalFoundries by 136.7% in the fourth quarter. UBS Group AG now owns 1,809,232 shares of the company’s stock valued at $63,178,000 after purchasing an additional 1,044,755 shares during the period.

Insider Buying and Selling at GlobalFoundries

In related news, Director Glenda Dorchak sold 4,000 shares of GlobalFoundries stock in a transaction on Monday, July 20th. The shares were sold at an average price of $58.22, for a total value of $232,880.00. Following the sale, the director owned 14,867 shares of the company’s stock, valued at approximately $865,556.74. This trade represents a 21.20% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Michael James Hogan sold 500 shares of the business’s stock in a transaction on Thursday, July 9th. The stock was sold at an average price of $70.90, for a total transaction of $35,450.00. Following the completion of the sale, the insider directly owned 795 shares of the company’s stock, valued at approximately $56,365.50. The trade was a 38.61% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders have sold 19,285 shares of company stock valued at $1,392,082.

GlobalFoundries Stock Down 7.2%

GFS opened at $50.05 on Tuesday. The company has a fifty day moving average of $68.51 and a two-hundred day moving average of $58.98. The stock has a market capitalization of $27.46 billion, a price-to-earnings ratio of 39.10, a PEG ratio of 1.56 and a beta of 1.80. GlobalFoundries Inc. has a fifty-two week low of $31.51 and a fifty-two week high of $92.55. The company has a debt-to-equity ratio of 0.13, a quick ratio of 1.74 and a current ratio of 2.48.

GlobalFoundries (NASDAQ:GFS) last posted its earnings results on Wednesday, August 5th. The company reported $0.46 EPS for the quarter, beating analysts’ consensus estimates of $0.43 by $0.03. GlobalFoundries had a return on equity of 6.69% and a net margin of 10.36%.The firm had revenue of $1.79 billion for the quarter, compared to analysts’ expectations of $1.77 billion. During the same period last year, the firm earned $0.42 EPS. The company’s quarterly revenue was up 5.8% on a year-over-year basis. GlobalFoundries has set its Q3 2026 guidance at 0.460-0.560 EPS. On average, research analysts expect that GlobalFoundries Inc. will post 1.39 earnings per share for the current year.

GlobalFoundries Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, October 9th. Shareholders of record on Wednesday, September 23rd will be issued a $0.12 dividend. This represents a $0.48 annualized dividend and a yield of 1.0%. The ex-dividend date of this dividend is Wednesday, September 23rd. GlobalFoundries’s dividend payout ratio (DPR) is presently 37.50%.

Wall Street Analyst Weigh In

Several research analysts have recently issued reports on the company. Weiss Ratings restated a “hold (c)” rating on shares of GlobalFoundries in a research note on Friday, May 29th. Zacks Research downgraded shares of GlobalFoundries from a “strong-buy” rating to a “hold” rating in a report on Tuesday, August 4th. UBS Group reduced their price target on shares of GlobalFoundries from $61.00 to $55.00 and set a “neutral” rating for the company in a research report on Thursday. Citigroup upped their price objective on shares of GlobalFoundries from $49.00 to $70.00 and gave the company a “neutral” rating in a report on Wednesday, May 6th. Finally, Jefferies Financial Group set a $60.00 price objective on shares of GlobalFoundries in a research note on Wednesday, August 5th. Eight research analysts have rated the stock with a Buy rating, nine have issued a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $75.11.

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.