PFG Investments LLC Purchases 2,749 Shares of Intel Corporation $INTC

PFG Investments LLC raised its stake in shares of Intel Corporation (NASDAQ:INTC) by 2.3% in the 2nd quarter, according to its most recent disclosure with the SEC. The firm owned 121,682 shares of the chip maker’s stock after purchasing an additional 2,749 shares during the period. PFG Investments LLC’s holdings in Intel were worth $2,726,000 as of its most recent SEC filing.

Other hedge funds have also bought and sold shares of the company. Westbourne Investments Inc. grew its holdings in Intel by 319.4% during the first quarter. Westbourne Investments Inc. now owns 71,425 shares of the chip maker’s stock valued at $1,622,000 after purchasing an additional 54,395 shares during the period. Swedbank AB grew its holdings in Intel by 5.0% during the second quarter. Swedbank AB now owns 9,467,128 shares of the chip maker’s stock valued at $212,064,000 after purchasing an additional 454,234 shares during the period. Czech National Bank grew its holdings in Intel by 7.2% during the second quarter. Czech National Bank now owns 1,066,599 shares of the chip maker’s stock valued at $23,892,000 after purchasing an additional 72,065 shares during the period. CHICAGO TRUST Co NA grew its holdings in Intel by 48.3% during the second quarter. CHICAGO TRUST Co NA now owns 43,742 shares of the chip maker’s stock valued at $980,000 after purchasing an additional 14,253 shares during the period. Finally, Ariose Capital Management Ltd bought a new stake in Intel during the second quarter valued at about $2,168,000. Institutional investors own 64.53% of the company’s stock.

Intel Price Performance

NASDAQ:INTC opened at $33.56 on Wednesday. The company has a current ratio of 1.24, a quick ratio of 0.92 and a debt-to-equity ratio of 0.42. The company has a market capitalization of $146.89 billion, a P/E ratio of -7.04 and a beta of 1.23. Intel Corporation has a 12 month low of $17.67 and a 12 month high of $36.30. The business’s 50-day moving average is $24.60 and its 200 day moving average is $22.55.

Intel (NASDAQ:INTC) last posted its earnings results on Thursday, July 24th. The chip maker reported ($0.10) EPS for the quarter, missing analysts’ consensus estimates of $0.01 by ($0.11). The firm had revenue of $12.86 billion during the quarter, compared to analysts’ expectations of $11.88 billion. Intel had a negative return on equity of 3.78% and a negative net margin of 38.64%.Intel’s quarterly revenue was up .5% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.02 earnings per share. Intel has set its Q3 2025 guidance at 0.000-0.000 EPS. On average, equities research analysts forecast that Intel Corporation will post -0.11 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several analysts have issued reports on the company. New Street Research boosted their price target on Intel from $23.00 to $32.00 in a report on Friday, September 19th. Loop Capital assumed coverage on Intel in a report on Monday, July 21st. They set a “hold” rating and a $25.00 price target for the company. Needham & Company LLC reissued a “hold” rating on shares of Intel in a report on Friday, July 25th. DZ Bank reaffirmed a “sell” rating on shares of Intel in a research note on Friday, September 19th. Finally, JPMorgan Chase & Co. reaffirmed a “sell” rating and issued a $21.00 price objective on shares of Intel in a research note on Friday, September 19th. Two research analysts have rated the stock with a Buy rating, twenty-four have given a Hold rating and five have assigned a Sell rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Reduce” and an average price target of $26.19.

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.