Intel Corporation $INTC Shares Acquired by Berger Financial Group Inc

Berger Financial Group Inc increased its holdings in shares of Intel Corporation (NASDAQ:INTC) by 5.4% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 10,517 shares of the chip maker’s stock after purchasing an additional 543 shares during the period. Berger Financial Group Inc’s holdings in Intel were worth $236,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently added to or reduced their stakes in INTC. Verdence Capital Advisors LLC raised its holdings in shares of Intel by 1.1% during the 1st quarter. Verdence Capital Advisors LLC now owns 45,682 shares of the chip maker’s stock valued at $1,037,000 after buying an additional 486 shares during the period. Independent Wealth Network Inc. grew its position in Intel by 5.2% in the second 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 grew its holdings in Intel by 23.1% during the 1st 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. one8zero8 LLC increased its stake in Intel by 4.2% during 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 during the period. Finally, Indiana Trust & Investment Management Co lifted its holdings in 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 in the last quarter. 64.53% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of brokerages have recently issued reports on INTC. New Street Research lifted their target price on Intel from $23.00 to $32.00 in a research report on Friday, September 19th. Barclays upped their target price on Intel from $19.00 to $25.00 and gave the company an “equal weight” rating in a research report on Friday, September 19th. Mizuho raised their price target on shares of Intel from $22.00 to $23.00 and gave the stock a “neutral” rating in a research report on Thursday, July 3rd. DZ Bank reaffirmed a “sell” rating on shares of Intel in a report on Friday, September 19th. Finally, Northland Securities raised their price objective on shares of Intel from $28.00 to $42.00 in a report on Friday, September 19th. Two analysts have rated the stock with a Buy rating, twenty-four have given a Hold rating and six have issued a Sell rating to the stock. Based on data from MarketBeat.com, Intel presently has a consensus rating of “Reduce” and an average price target of $26.40.

Intel Stock Performance

Intel stock opened at $36.59 on Tuesday. The company has a debt-to-equity ratio of 0.42, a current ratio of 1.24 and a quick ratio of 0.92. Intel Corporation has a 12 month low of $17.67 and a 12 month high of $38.68. The company has a fifty day moving average price of $25.79 and a two-hundred day moving average price of $22.86. The company has a market cap of $160.15 billion, a PE ratio of -7.67 and a beta of 1.33.

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

Intel Company 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.