Intel Corporation $INTC Shares Acquired by Summit Investment Advisors Inc.

Summit Investment Advisors Inc. grew its stake in shares of Intel Corporation (NASDAQ:INTC) by 2.1% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 184,233 shares of the chip maker’s stock after acquiring an additional 3,736 shares during the quarter. Summit Investment Advisors Inc.’s holdings in Intel were worth $4,184,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. Envestnet Asset Management Inc. grew its stake in Intel by 19.7% during the 1st quarter. Envestnet Asset Management Inc. now owns 953,590 shares of the chip maker’s stock valued at $21,656,000 after purchasing an additional 156,845 shares during the last quarter. Rehmann Capital Advisory Group grew its stake in shares of Intel by 12.8% during the 1st quarter. Rehmann Capital Advisory Group now owns 23,626 shares of the chip maker’s stock worth $537,000 after purchasing an additional 2,684 shares during the period. Banque Pictet & Cie SA acquired a new stake in shares of Intel during the 1st quarter worth approximately $451,000. Leavell Investment Management Inc. lifted its stake in shares of Intel by 4.3% in the 1st quarter. Leavell Investment Management Inc. now owns 25,172 shares of the chip maker’s stock valued at $572,000 after purchasing an additional 1,033 shares during the period. Finally, CFO4Life Group LLC boosted its holdings in Intel by 12.7% during the first quarter. CFO4Life Group LLC now owns 15,536 shares of the chip maker’s stock worth $353,000 after buying an additional 1,755 shares in the last quarter. 64.53% of the stock is currently owned by institutional investors and hedge funds.

Intel Stock Performance

NASDAQ:INTC opened at $38.13 on Friday. The company’s 50-day moving average is $33.35 and its two-hundred day moving average is $25.71. The firm has a market capitalization of $166.90 billion, a price-to-earnings ratio of 3,816.82 and a beta of 1.31. The company has a debt-to-equity ratio of 0.38, a current ratio of 1.60 and a quick ratio of 1.25. Intel Corporation has a 1-year low of $17.67 and a 1-year high of $42.48.

Intel (NASDAQ:INTC) last issued its quarterly earnings data on Thursday, October 23rd. The chip maker reported $0.23 earnings per share for the quarter. Intel had a negative return on equity of 0.75% and a net margin of 0.37%.The company had revenue of $13.65 billion during the quarter, compared to analyst estimates of $13.10 billion. During the same period in the prior year, the business posted ($0.46) earnings per share. 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. Analysts forecast that Intel Corporation will post -0.11 EPS for the current year.

Wall Street Analyst Weigh In

A number of research analysts have weighed in on the stock. Stifel Nicolaus lifted their price objective on shares of Intel from $21.00 to $24.50 and gave the company a “hold” rating in a report on Monday, July 21st. Mizuho lifted their price target on Intel from $39.00 to $41.00 and gave the company a “neutral” rating in a research note on Friday, October 24th. Wall Street Zen upgraded Intel from a “sell” rating to a “hold” rating in a research report on Saturday, September 13th. Loop Capital upped their target price on Intel from $25.00 to $40.00 and gave the stock a “hold” rating in a research note on Friday, October 24th. Finally, Truist Financial lifted their price target on shares of Intel from $21.00 to $39.00 and gave the company a “hold” rating in a research note on Friday, October 24th. Two analysts have rated the stock with a Buy rating, twenty-three have issued a Hold rating and eight have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Reduce” and an average target price of $34.84.

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.