Intel Corporation $INTC Stake Reduced by Bessemer Group Inc.

Bessemer Group Inc. trimmed its holdings in Intel Corporation (NASDAQ:INTC) by 20.1% in the second quarter, Holdings Channel.com reports. The fund owned 78,616 shares of the chip maker’s stock after selling 19,724 shares during the period. Bessemer Group Inc.’s holdings in Intel were worth $1,759,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. Banco Santander S.A. lifted its stake in Intel by 78.4% during the second quarter. Banco Santander S.A. now owns 436,145 shares of the chip maker’s stock valued at $9,770,000 after purchasing an additional 191,642 shares during the last quarter. Ashton Thomas Private Wealth LLC bought a new position in shares of Intel in the second quarter valued at $209,000. OVERSEA CHINESE BANKING Corp Ltd lifted its position in shares of Intel by 26.8% during the 2nd quarter. OVERSEA CHINESE BANKING Corp Ltd now owns 1,285,614 shares of the chip maker’s stock valued at $28,813,000 after acquiring an additional 271,816 shares during the last quarter. Envestnet Asset Management Inc. lifted its position in shares of Intel by 47.4% during the 2nd quarter. Envestnet Asset Management Inc. now owns 1,406,009 shares of the chip maker’s stock valued at $31,492,000 after acquiring an additional 452,419 shares during the last quarter. Finally, Resonant Capital Advisors LLC boosted its stake in shares of Intel by 6.1% during the 2nd quarter. Resonant Capital Advisors LLC now owns 10,432 shares of the chip maker’s stock worth $234,000 after acquiring an additional 604 shares in the last quarter. Institutional investors and hedge funds own 64.53% of the company’s stock.

Intel Price Performance

Shares of INTC opened at $40.16 on Friday. The business’s 50-day moving average is $31.71 and its 200-day moving average is $24.92. The company has a debt-to-equity ratio of 0.38, a current ratio of 1.60 and a quick ratio of 1.25. The company has a market capitalization of $175.78 billion, a price-to-earnings ratio of 4,020.02 and a beta of 1.33. Intel Corporation has a fifty-two week low of $17.67 and a fifty-two week high of $42.48.

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

Analyst Ratings Changes

A number of brokerages have recently issued reports on INTC. UBS Group boosted their target price on Intel from $35.00 to $40.00 and gave the stock a “neutral” rating in a research report on Monday, October 6th. TD Cowen boosted their price objective on Intel from $35.00 to $38.00 and gave the stock a “hold” rating in a report on Friday, October 24th. New Street Research raised their target price on shares of Intel from $23.00 to $32.00 in a report on Friday, September 19th. Hsbc Global Res downgraded shares of Intel from a “hold” rating to a “moderate sell” rating in a research report on Tuesday, October 7th. Finally, Cowen restated a “hold” rating on shares of Intel in a report on Friday, October 24th. Two research analysts have rated the stock with a Buy rating, twenty-four have issued a Hold rating and eight have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Reduce” and an average price target of $33.84.

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.