Journey Strategic Wealth LLC Raises Stock Position in Intel Corporation $INTC

Journey Strategic Wealth LLC grew its holdings in Intel Corporation (NASDAQ:INTC) by 207.9% in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 37,191 shares of the chip maker’s stock after purchasing an additional 25,112 shares during the quarter. Journey Strategic Wealth LLC’s holdings in Intel were worth $833,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in INTC. Neo Ivy Capital Management lifted its holdings in Intel by 1.3% during the 2nd quarter. Neo Ivy Capital Management now owns 66,483 shares of the chip maker’s stock worth $1,489,000 after buying an additional 837 shares in the last quarter. DNB Asset Management AS grew its holdings in Intel by 100.6% during the 2nd quarter. DNB Asset Management AS now owns 5,813,970 shares of the chip maker’s stock worth $130,233,000 after acquiring an additional 2,915,302 shares in the last quarter. Entropy Technologies LP increased its position in shares of Intel by 107.8% in the 2nd quarter. Entropy Technologies LP now owns 142,687 shares of the chip maker’s stock valued at $3,196,000 after purchasing an additional 74,035 shares during the last quarter. Magnetar Financial LLC acquired a new stake in shares of Intel in the 2nd quarter valued at $1,444,000. Finally, Swiss National Bank lifted its position in shares of Intel by 8.5% during the 2nd quarter. Swiss National Bank now owns 13,199,900 shares of the chip maker’s stock worth $295,678,000 after purchasing an additional 1,035,600 shares during the last quarter. Institutional investors and hedge funds own 64.53% of the company’s stock.

Analysts Set New Price Targets

A number of research firms have weighed in on INTC. KeyCorp restated a “sector weight” rating on shares of Intel in a research note on Monday, October 20th. DZ Bank reissued a “sell” rating on shares of Intel in a research report on Friday, October 24th. Loop Capital boosted 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. Northland Securities increased their price target on shares of Intel from $28.00 to $42.00 in a research note on Friday, September 19th. Finally, Citigroup reissued a “sell” rating and set a $29.00 price objective (up previously from $24.00) on shares of Intel in a report on Friday, September 19th. Two analysts have rated the stock with a Buy rating, twenty-four have issued a Hold rating and eight have issued a Sell rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Reduce” and a consensus price target of $34.84.

Intel Trading Up 2.6%

NASDAQ:INTC opened at $34.50 on Friday. The stock’s 50 day moving average price is $35.63 and its 200 day moving average price is $26.79. The company has a market capitalization of $164.81 billion, a PE ratio of 3,453.45 and a beta of 1.31. The company has a quick ratio of 1.25, a current ratio of 1.60 and a debt-to-equity ratio of 0.38. Intel Corporation has a 52-week low of $17.67 and a 52-week 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. The company had revenue of $13.65 billion during 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%.The firm’s revenue for the quarter was up 3.0% on a year-over-year basis. During the same quarter in the previous year, the business earned ($0.46) earnings per share. Intel has set its Q4 2025 guidance at 0.080-0.080 EPS. On average, research analysts anticipate that Intel Corporation will post -0.11 EPS 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.