Intel Corporation $INTC Shares Acquired by West Family Investments Inc.

West Family Investments Inc. grew its holdings in Intel Corporation (NASDAQ:INTC) by 84.0% during the 2nd quarter, Holdings Channel reports. The fund owned 23,423 shares of the chip maker’s stock after purchasing an additional 10,692 shares during the period. West Family Investments Inc.’s holdings in Intel were worth $525,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also recently made changes to their positions in INTC. Norges Bank acquired a new stake in Intel during the 2nd quarter worth about $1,579,378,000. Nuveen LLC purchased a new position in Intel during the first quarter valued at approximately $538,430,000. Kingstone Capital Partners Texas LLC acquired a new position in Intel in the second quarter valued at approximately $345,245,000. Price T Rowe Associates Inc. MD lifted its holdings in Intel by 99.8% in the first quarter. Price T Rowe Associates Inc. MD now owns 29,829,385 shares of the chip maker’s stock valued at $677,426,000 after acquiring an additional 14,901,457 shares during the period. Finally, Goldman Sachs Group Inc. boosted its position in Intel by 133.3% in the 1st quarter. Goldman Sachs Group Inc. now owns 18,758,658 shares of the chip maker’s stock worth $426,009,000 after purchasing an additional 10,719,274 shares in the last quarter. Hedge funds and other institutional investors own 64.53% of the company’s stock.

Analyst Upgrades and Downgrades

INTC has been the subject of several recent research reports. Wedbush lifted their target price on shares of Intel from $19.00 to $20.00 and gave the company a “neutral” rating in a report on Wednesday, October 22nd. KeyCorp restated a “sector weight” rating on shares of Intel in a research report on Monday, October 20th. Loop Capital lifted their price objective on shares of Intel from $25.00 to $40.00 and gave the company a “hold” rating in a report on Friday, October 24th. Needham & Company LLC reissued a “hold” rating on shares of Intel in a research note on Friday, October 24th. Finally, Benchmark increased their price target on Intel from $43.00 to $50.00 and gave the stock a “buy” rating in a research report on Friday, October 24th. Two investment analysts have rated the stock with a Buy rating, twenty-four have given a Hold rating and eight have given a Sell rating to the company. According to data from MarketBeat.com, Intel currently has an average rating of “Reduce” and a consensus target price of $34.84.

Intel Price Performance

Shares of Intel stock opened at $40.68 on Friday. The stock has a market capitalization of $194.30 billion, a P/E ratio of 4,071.57 and a beta of 1.31. The business has a 50 day simple moving average of $36.65 and a two-hundred day simple moving average of $27.38. Intel Corporation has a 12 month low of $17.67 and a 12 month high of $42.48. 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 (NASDAQ:INTC) last issued its quarterly earnings results on Thursday, October 23rd. The chip maker reported $0.23 EPS for the quarter. Intel had a negative return on equity of 0.75% and a net margin of 0.37%.The firm had revenue of $13.65 billion during the quarter, compared to analysts’ expectations of $13.10 billion. During the same period in the previous year, the business earned ($0.46) earnings per share. The firm’s revenue for the quarter was up 3.0% on a year-over-year basis. Intel has set its Q4 2025 guidance at 0.080-0.080 EPS. As a group, analysts predict that Intel Corporation will post -0.11 EPS for the current fiscal 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.