Bartlett & CO. Wealth Management LLC Reduces Stock Holdings in Intel Corporation $INTC

Bartlett & CO. Wealth Management LLC reduced its stake in shares of Intel Corporation (NASDAQ:INTC) by 7.4% during the second quarter, Holdings Channel reports. The firm owned 82,315 shares of the chip maker’s stock after selling 6,589 shares during the quarter. Bartlett & CO. Wealth Management LLC’s holdings in Intel were worth $1,844,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. HFM Investment Advisors LLC purchased a new position in shares of Intel during the 1st quarter worth approximately $25,000. N.E.W. Advisory Services LLC bought a new stake in shares of Intel during the first quarter valued at approximately $25,000. MJT & Associates Financial Advisory Group Inc. purchased a new stake in Intel in the first quarter worth $27,000. West Branch Capital LLC bought a new position in Intel in the second quarter worth $28,000. Finally, LFA Lugano Financial Advisors SA purchased a new position in Intel during the first quarter valued at $30,000. 64.53% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of research firms have recently weighed in on INTC. Rosenblatt Securities reaffirmed a “sell” rating and issued a $14.00 target price on shares of Intel in a research report on Friday, July 25th. Erste Group Bank raised shares of Intel from a “sell” rating to a “hold” rating in a research note on Monday, September 22nd. Mizuho lifted their target price on shares of Intel from $22.00 to $23.00 and gave the company a “neutral” rating in a report on Thursday, July 3rd. Northland Securities upped their price target on Intel from $28.00 to $42.00 in a research note on Friday, September 19th. Finally, Cantor Fitzgerald lifted their price objective on Intel from $26.00 to $36.00 and gave the company a “neutral” rating in a research note on Friday, September 19th. Two equities research analysts have rated the stock with a Buy rating, twenty-four have given a Hold rating and five have assigned a Sell rating to the company’s stock. According to data from MarketBeat, Intel has a consensus rating of “Reduce” and a consensus target price of $26.19.

Intel Price Performance

Shares of NASDAQ:INTC opened at $35.94 on Thursday. The company has a debt-to-equity ratio of 0.42, a quick ratio of 0.92 and a current ratio of 1.24. The firm has a market cap of $157.31 billion, a price-to-earnings ratio of -7.53 and a beta of 1.33. The business has a 50-day simple moving average of $24.85 and a two-hundred day simple moving average of $22.64. Intel Corporation has a fifty-two week low of $17.67 and a fifty-two week high of $36.30.

Intel (NASDAQ:INTC) last announced its quarterly earnings results on Thursday, July 24th. The chip maker reported ($0.10) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.01 by ($0.11). Intel had a negative net margin of 38.64% and a negative return on equity of 3.78%. The company had revenue of $12.86 billion for the quarter, compared to analysts’ expectations of $11.88 billion. During the same period in the previous year, the business earned $0.02 EPS. The business’s revenue was up .5% compared to the same quarter last year. Intel has set its Q3 2025 guidance at 0.000-0.000 EPS. On average, analysts expect that Intel Corporation will post -0.11 earnings per share for the current year.

About Intel

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.