Klingman & Associates LLC Has $576,000 Position in Intel Corporation $INTC

Klingman & Associates LLC boosted its stake in shares of Intel Corporation (NASDAQ:INTC) by 8.5% during the second quarter, Holdings Channel.com reports. The fund owned 25,698 shares of the chip maker’s stock after acquiring an additional 2,016 shares during the period. Klingman & Associates LLC’s holdings in Intel were worth $576,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently modified their holdings of INTC. Vanguard Group Inc. lifted its position in Intel by 2.2% during the first quarter. Vanguard Group Inc. now owns 377,390,437 shares of the chip maker’s stock worth $8,570,537,000 after purchasing an additional 8,291,233 shares during the period. Northern Trust Corp raised its position in shares of Intel by 0.3% in the 1st quarter. Northern Trust Corp now owns 45,969,843 shares of the chip maker’s stock valued at $1,043,975,000 after buying an additional 158,288 shares in the last quarter. Invesco Ltd. lifted its holdings in shares of Intel by 1.3% during the 1st quarter. Invesco Ltd. now owns 43,651,076 shares of the chip maker’s stock worth $991,316,000 after acquiring an additional 562,246 shares during the period. Amundi lifted its holdings in shares of Intel by 22.0% during the 1st quarter. Amundi now owns 37,878,097 shares of the chip maker’s stock worth $849,606,000 after acquiring an additional 6,829,690 shares during the period. Finally, Charles Schwab Investment Management Inc. boosted its position in shares of Intel by 3.2% during the 1st quarter. Charles Schwab Investment Management Inc. now owns 35,025,596 shares of the chip maker’s stock worth $795,431,000 after acquiring an additional 1,086,836 shares in the last quarter. 64.53% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several brokerages have commented on INTC. Wells Fargo & Company boosted their price objective on shares of Intel from $22.00 to $30.00 and gave the company an “equal weight” rating in a research report on Wednesday, October 15th. Roth Capital reissued a “neutral” rating and set a $30.00 price target on shares of Intel in a report on Thursday, September 18th. Deutsche Bank Aktiengesellschaft upped their price objective on Intel from $23.00 to $30.00 and gave the stock a “hold” rating in a research report on Monday, September 29th. Hsbc Global Res cut Intel from a “hold” rating to a “moderate sell” rating in a research report on Tuesday, October 7th. Finally, Northland Securities boosted their target price on Intel from $28.00 to $42.00 in a research note on Friday, September 19th. Two investment analysts have rated the stock with a Buy rating, twenty-three have issued a Hold rating and seven have issued a Sell rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Reduce” and an average target price of $29.22.

Intel Price Performance

Intel stock opened at $38.10 on Tuesday. The stock has a 50-day moving average price of $29.19 and a two-hundred day moving average price of $23.87. Intel Corporation has a 12 month low of $17.67 and a 12 month high of $39.65. The company has a market capitalization of $166.76 billion, a PE ratio of -7.99 and a beta of 1.33. The company has a current ratio of 1.24, a quick ratio of 0.92 and a debt-to-equity ratio of 0.42.

Intel (NASDAQ:INTC) last released its quarterly earnings results on Thursday, July 24th. The chip maker reported ($0.10) earnings per share for the quarter, missing the consensus estimate of $0.01 by ($0.11). Intel had a negative return on equity of 3.78% and a negative net margin of 38.64%.The firm had revenue of $12.86 billion for the quarter, compared to the consensus estimate of $11.88 billion. During the same quarter last year, the firm posted $0.02 earnings per share. The business’s revenue for the quarter was up .5% on a year-over-year basis. Intel has set its Q3 2025 guidance at 0.000-0.000 EPS. Analysts expect 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.