Entropy Technologies LP Grows Stake in Intel Corporation $INTC

Entropy Technologies LP increased its holdings in Intel Corporation (NASDAQ:INTC) by 107.8% during the second quarter, according to its most recent disclosure with the SEC. The institutional investor owned 142,687 shares of the chip maker’s stock after buying an additional 74,035 shares during the period. Entropy Technologies LP’s holdings in Intel were worth $3,196,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in INTC. Independent Wealth Network Inc. raised its holdings in shares of Intel by 5.2% in the 2nd quarter. Independent Wealth Network Inc. now owns 9,927 shares of the chip maker’s stock valued at $222,000 after acquiring an additional 490 shares in the last quarter. Cary Street Partners Investment Advisory LLC raised its stake in Intel by 23.1% in the first quarter. Cary Street Partners Investment Advisory LLC now owns 2,614 shares of the chip maker’s stock valued at $59,000 after purchasing an additional 491 shares in the last quarter. HHM Wealth Advisors LLC lifted its position in Intel by 6.3% during the second quarter. HHM Wealth Advisors LLC now owns 8,384 shares of the chip maker’s stock valued at $188,000 after purchasing an additional 497 shares during the last quarter. one8zero8 LLC grew its stake in Intel by 4.2% in the 1st quarter. one8zero8 LLC now owns 12,320 shares of the chip maker’s stock worth $280,000 after buying an additional 500 shares in the last quarter. Finally, Indiana Trust & Investment Management Co increased its holdings in shares of Intel by 8.4% in the 1st quarter. Indiana Trust & Investment Management Co now owns 6,457 shares of the chip maker’s stock worth $147,000 after buying an additional 500 shares during the last quarter. 64.53% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on the stock. Wall Street Zen raised shares of Intel from a “sell” rating to a “hold” rating in a report on Saturday, September 13th. Roth Capital lifted their price target on Intel from $30.00 to $40.00 and gave the stock a “neutral” rating in a research note on Friday, October 24th. Wells Fargo & Company increased their price objective on Intel from $30.00 to $45.00 and gave the company an “equal weight” rating in a research report on Friday, October 24th. HSBC raised their price objective on Intel from $24.00 to $26.00 in a report on Friday, October 24th. Finally, Benchmark upped their target price on Intel from $43.00 to $50.00 and gave the stock a “buy” rating in a research note on Friday, October 24th. Two research analysts have rated the stock with a Buy rating, twenty-four have assigned a Hold rating and eight have given a Sell rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Reduce” and a consensus target price of $34.84.

Intel Stock Up 2.6%

Shares of NASDAQ INTC opened at $34.50 on Friday. The firm’s fifty day moving average is $35.63 and its 200 day moving average is $26.79. Intel Corporation has a 52 week low of $17.67 and a 52 week high of $42.48. The company has a quick ratio of 1.25, a current ratio of 1.60 and a debt-to-equity ratio of 0.38. The company has a market cap of $164.81 billion, a price-to-earnings ratio of 3,453.45 and a beta of 1.31.

Intel (NASDAQ:INTC) last announced its quarterly earnings results on Thursday, October 23rd. The chip maker reported $0.23 earnings per share for the quarter. Intel had a net margin of 0.37% and a negative return on equity of 0.75%. The business had revenue of $13.65 billion during the quarter, compared to analysts’ expectations of $13.10 billion. During the same quarter in the prior year, the company posted ($0.46) EPS. The firm’s revenue for the quarter was up 3.0% compared to the same quarter last year. Intel has set its Q4 2025 guidance at 0.080-0.080 EPS. On average, equities research 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.