Heritage Wealth Advisors Raises Holdings in Intel Corporation $INTC

Heritage Wealth Advisors raised its holdings in Intel Corporation (NASDAQ:INTC) by 19.8% during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 9,198 shares of the chip maker’s stock after purchasing an additional 1,521 shares during the quarter. Heritage Wealth Advisors’ holdings in Intel were worth $206,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Westbourne Investments Inc. increased its holdings in Intel by 319.4% in the 1st quarter. Westbourne Investments Inc. now owns 71,425 shares of the chip maker’s stock valued at $1,622,000 after purchasing an additional 54,395 shares during the last quarter. Pacific Wealth Management purchased a new position in shares of Intel during the second quarter worth $1,593,000. Econ Financial Services Corp acquired a new stake in shares of Intel in the second quarter valued at $754,000. Y Intercept Hong Kong Ltd raised its holdings in shares of Intel by 6,865.7% in the 2nd quarter. Y Intercept Hong Kong Ltd now owns 1,151,425 shares of the chip maker’s stock valued at $25,792,000 after buying an additional 1,134,895 shares during the period. Finally, First Bancorp Inc ME acquired a new position in Intel during the 2nd quarter worth about $207,000. 64.53% of the stock is owned by institutional investors and hedge funds.

Intel Price Performance

Intel stock opened at $34.33 on Wednesday. The company has a current ratio of 1.60, a quick ratio of 1.25 and a debt-to-equity ratio of 0.38. The company has a fifty day simple moving average of $35.04 and a 200-day simple moving average of $26.58. The stock has a market cap of $163.99 billion, a P/E ratio of 3,436.44 and a beta of 1.31. Intel Corporation has a 12-month low of $17.67 and a 12-month high of $42.48.

Intel (NASDAQ:INTC) last posted its quarterly earnings results on Thursday, October 23rd. The chip maker reported $0.23 earnings per share for the quarter. The company had revenue of $13.65 billion for the quarter, compared to analysts’ expectations of $13.10 billion. Intel had a negative return on equity of 0.75% and a net margin of 0.37%.Intel’s quarterly revenue was up 3.0% on a year-over-year basis. During the same period last year, the firm earned ($0.46) earnings per share. Intel has set its Q4 2025 guidance at 0.080-0.080 EPS. Equities analysts expect that Intel Corporation will post -0.11 EPS for the current fiscal year.

Analysts Set New Price Targets

Several equities analysts have weighed in on the company. Sanford C. Bernstein reaffirmed a “neutral” rating on shares of Intel in a research report on Tuesday. KeyCorp reiterated a “sector weight” rating on shares of Intel in a report on Monday, October 20th. Susquehanna raised their price target on shares of Intel from $31.00 to $35.00 and gave the company a “neutral” rating in a research report on Friday, October 24th. Cantor Fitzgerald upped their price objective on Intel from $36.00 to $40.00 and gave the stock a “neutral” rating in a research report on Monday, October 20th. Finally, UBS Group lifted their target price on Intel from $35.00 to $40.00 and gave the company a “neutral” rating in a report on Monday, October 6th. Two equities research analysts have rated the stock with a Buy rating, twenty-three have assigned a Hold rating and eight have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Reduce” and a consensus price target of $34.84.

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.