Quadrant Private Wealth Management LLC Reduces Stake in Intel Corporation $INTC

Quadrant Private Wealth Management LLC cut its stake in Intel Corporation (NASDAQ:INTC) by 6.7% in the second quarter, Holdings Channel reports. The fund owned 78,401 shares of the chip maker’s stock after selling 5,664 shares during the period. Quadrant Private Wealth Management LLC’s holdings in Intel were worth $1,756,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of the company. Nuveen LLC purchased a new position in Intel during the first quarter worth about $538,430,000. Kingstone Capital Partners Texas LLC purchased a new stake in shares of Intel in the 2nd quarter valued at approximately $345,245,000. Price T Rowe Associates Inc. MD increased its holdings in shares of Intel by 99.8% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 29,829,385 shares of the chip maker’s stock worth $677,426,000 after buying an additional 14,901,457 shares during the last quarter. Goldman Sachs Group Inc. raised its position in shares of Intel by 133.3% during the 1st quarter. Goldman Sachs Group Inc. now owns 18,758,658 shares of the chip maker’s stock valued at $426,009,000 after buying an additional 10,719,274 shares during the period. Finally, Assenagon Asset Management S.A. raised its position in shares of Intel by 86.4% during the 2nd quarter. Assenagon Asset Management S.A. now owns 22,705,050 shares of the chip maker’s stock valued at $508,593,000 after buying an additional 10,523,590 shares during the period. Institutional investors and hedge funds own 64.53% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts have issued reports on INTC shares. Evercore ISI raised their target price on Intel from $23.00 to $41.10 in a research note on Friday, October 24th. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Intel in a research note on Wednesday, October 8th. Seaport Res Ptn raised shares of Intel from a “strong sell” rating to a “hold” rating in a research note on Wednesday, September 24th. UBS Group increased their price objective on shares of Intel from $35.00 to $40.00 and gave the stock a “neutral” rating in a research report on Monday, October 6th. Finally, Deutsche Bank Aktiengesellschaft lifted their target price on shares of Intel from $30.00 to $35.00 and gave the company a “hold” rating in a report on Friday, October 24th. Two equities research analysts have rated the stock with a Buy rating, twenty-three have given a Hold rating and eight have assigned a Sell rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Reduce” and an average target price of $34.84.

Intel Price Performance

Shares of NASDAQ INTC opened at $38.13 on Friday. The stock’s 50-day moving average is $33.35 and its two-hundred day moving average is $25.71. 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 cap of $166.90 billion, a price-to-earnings ratio of 3,816.82 and a beta of 1.31. Intel Corporation has a 1-year low of $17.67 and a 1-year high of $42.48.

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

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.