180 Wealth Advisors LLC decreased its holdings in Intel Corporation (NASDAQ:INTC – Free Report) by 7.7% in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 118,095 shares of the chip maker’s stock after selling 9,821 shares during the quarter. 180 Wealth Advisors LLC’s holdings in Intel were worth $2,645,000 as of its most recent SEC filing.
Several other large investors also recently made changes to their positions in the business. Westbourne Investments Inc. raised its holdings in shares of Intel by 319.4% in the first quarter. Westbourne Investments Inc. now owns 71,425 shares of the chip maker’s stock valued at $1,622,000 after buying an additional 54,395 shares during the last quarter. Pacific Wealth Management bought a new stake in Intel during the 2nd quarter worth about $1,593,000. First Bancorp Inc ME acquired a new stake in Intel in the 2nd quarter valued at about $207,000. KLP Kapitalforvaltning AS raised its stake in shares of Intel by 6.4% in the second quarter. KLP Kapitalforvaltning AS now owns 1,558,908 shares of the chip maker’s stock worth $34,920,000 after acquiring an additional 93,900 shares during the last quarter. Finally, LBP AM SA lifted its position in shares of Intel by 1.8% during the second quarter. LBP AM SA now owns 734,813 shares of the chip maker’s stock worth $16,460,000 after purchasing an additional 13,248 shares in the last quarter. Institutional investors own 64.53% of the company’s stock.
Wall Street Analysts Forecast Growth
A number of analysts recently weighed in on INTC shares. JPMorgan Chase & Co. reissued a “sell” rating and issued a $21.00 price target on shares of Intel in a report on Friday, September 19th. Mizuho increased their price objective on Intel from $23.00 to $39.00 and gave the company a “neutral” rating in a research report on Monday, October 13th. Citigroup restated a “sell” rating and set a $29.00 target price (up previously from $24.00) on shares of Intel in a research report on Friday, September 19th. Bank of America reaffirmed an “underperform” rating and set a $34.00 price target on shares of Intel in a research note on Monday, October 13th. Finally, Wall Street Zen upgraded Intel from a “sell” rating to a “hold” rating in a research report on Saturday, September 13th. Two research analysts have rated the stock with a Buy rating, twenty-three have assigned a Hold rating and seven have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Reduce” and an average target price of $29.26.
Intel Stock Up 3.4%
NASDAQ:INTC opened at $38.16 on Friday. The company has a quick ratio of 0.92, a current ratio of 1.24 and a debt-to-equity ratio of 0.42. Intel Corporation has a 12-month low of $17.67 and a 12-month high of $39.65. The stock’s fifty day simple moving average is $30.10 and its 200-day simple moving average is $24.19. The firm has a market capitalization of $167.03 billion, a P/E ratio of -8.00 and a beta of 1.33.
Intel (NASDAQ:INTC – Get Free Report) last released its quarterly earnings data on Thursday, October 23rd. The chip maker reported $0.23 EPS for the quarter. Intel had a negative return on equity of 3.78% and a negative net margin of 38.64%.The business had revenue of $13.65 billion during the quarter, compared to the consensus estimate of $13.10 billion. During the same quarter in the prior year, the company posted ($0.46) earnings per share. The firm’s revenue was up 3.0% on a year-over-year basis. Intel has set its Q4 2025 guidance at 0.080-0.080 EPS. Equities research analysts expect that Intel Corporation will post -0.11 earnings per share for the current year.
Intel Profile
Intel Corporation designs, develops, manufactures, markets, and sells computing and related products and services worldwide. It operates through Client Computing Group, Data Center and AI, Network and Edge, Mobileye, and Intel Foundry Services segments. The company's products portfolio comprises central processing units and chipsets, system-on-chips (SoCs), and multichip packages; mobile and desktop processors; hardware products comprising graphics processing units (GPUs), domain-specific accelerators, and field programmable gate arrays (FPGAs); and memory and storage, connectivity and networking, and other semiconductor products.
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