K.J. Harrison & Partners Inc Has $959,000 Stock Holdings in Intel Corporation $INTC

K.J. Harrison & Partners Inc cut its stake in shares of Intel Corporation (NASDAQ:INTC) by 62.0% during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 42,798 shares of the chip maker’s stock after selling 69,972 shares during the period. K.J. Harrison & Partners Inc’s holdings in Intel were worth $959,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently modified their holdings of the company. N.E.W. Advisory Services LLC acquired a new stake in shares of Intel during the first quarter worth $25,000. HFM Investment Advisors LLC acquired a new stake in shares of Intel during the first quarter worth $25,000. MJT & Associates Financial Advisory Group Inc. acquired a new stake in shares of Intel during the first quarter worth $27,000. West Branch Capital LLC purchased a new position in shares of Intel during the second quarter valued at $28,000. Finally, Olde Wealth Management LLC purchased a new position in shares of Intel during the first quarter valued at $31,000. 64.53% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of brokerages have recently weighed in on INTC. Citigroup reiterated a “sell” rating and set a $29.00 price target (up previously from $24.00) on shares of Intel in a report on Friday, September 19th. Sanford C. Bernstein reiterated a “neutral” rating on shares of Intel in a report on Thursday, October 2nd. Rosenblatt Securities lifted their price target on Intel from $14.00 to $25.00 and gave the company a “sell” rating in a report on Friday, October 24th. JPMorgan Chase & Co. lifted their price target on Intel from $21.00 to $30.00 and gave the company an “underweight” rating in a report on Friday, October 24th. Finally, BNP Paribas Exane lifted their price target on Intel from $19.00 to $30.00 and gave the company an “underperform” rating in a report on Friday, October 24th. One research analyst has rated the stock with a Buy rating, twenty-three have assigned a Hold rating and eight have given a Sell rating to the company. According to data from MarketBeat.com, Intel currently has a consensus rating of “Reduce” and a consensus target price of $34.18.

Intel Stock Performance

INTC opened at $39.99 on Monday. The company has a market cap of $175.04 billion, a PE ratio of 4,003.00 and a beta of 1.33. The stock has a 50-day moving average of $32.01 and a 200-day moving average of $25.14. Intel Corporation has a 52-week low of $17.67 and a 52-week high of $42.48. The company has a debt-to-equity ratio of 0.38, a quick ratio of 1.25 and a current ratio of 1.60.

Intel (NASDAQ:INTC) last released its quarterly earnings results on Thursday, October 23rd. The chip maker reported $0.23 earnings per share (EPS) for the quarter. The company had revenue of $13.65 billion during the quarter, compared to the consensus estimate 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 was up 3.0% on a year-over-year basis. During the same quarter in the prior year, the company posted ($0.46) EPS. Intel has set its Q4 2025 guidance at 0.080-0.080 EPS. As a group, equities research analysts forecast that Intel Corporation will post -0.11 earnings per share 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.