Rossby Financial LCC Raises Stock Position in Intel Corporation $INTC

Rossby Financial LCC grew its holdings in Intel Corporation (NASDAQ:INTC) by 44.7% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 2,436 shares of the chip maker’s stock after acquiring an additional 752 shares during the period. Rossby Financial LCC’s holdings in Intel were worth $55,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in INTC. Westbourne Investments Inc. increased its stake in Intel by 319.4% during the 1st quarter. Westbourne Investments Inc. now owns 71,425 shares of the chip maker’s stock worth $1,622,000 after buying an additional 54,395 shares during the period. Pacific Wealth Management purchased a new stake in Intel during the 2nd quarter worth $1,593,000. Y Intercept Hong Kong Ltd increased its stake in Intel by 6,865.7% during the 2nd quarter. Y Intercept Hong Kong Ltd now owns 1,151,425 shares of the chip maker’s stock worth $25,792,000 after buying an additional 1,134,895 shares during the period. First Bancorp Inc ME purchased a new stake in Intel during the 2nd quarter worth $207,000. Finally, KLP Kapitalforvaltning AS increased its stake in Intel by 6.4% during the 2nd quarter. KLP Kapitalforvaltning AS now owns 1,558,908 shares of the chip maker’s stock worth $34,920,000 after buying an additional 93,900 shares during the period. Hedge funds and other institutional investors own 64.53% of the company’s stock.

Intel Trading Down 0.5%

NASDAQ INTC opened at $41.34 on Thursday. Intel Corporation has a one year low of $17.67 and a one year high of $42.48. The company has a 50-day simple moving average of $31.37 and a 200-day simple moving average of $24.82. The company has a debt-to-equity ratio of 0.38, a quick ratio of 1.25 and a current ratio of 1.60. The firm has a market capitalization of $180.95 billion, a PE ratio of 4,138.14 and a beta of 1.33.

Intel (NASDAQ:INTC) last posted its quarterly 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 business had revenue of $13.65 billion during the quarter, compared to analyst estimates of $13.10 billion. During the same period in the previous year, the business posted ($0.46) EPS. The company’s quarterly revenue was up 3.0% on a year-over-year basis. Intel has set its Q4 2025 guidance at 0.080-0.080 EPS. On average, equities analysts forecast that Intel Corporation will post -0.11 earnings per share for the current year.

Analyst Ratings Changes

INTC has been the topic of several analyst reports. Benchmark lifted their price target on shares of Intel from $43.00 to $50.00 and gave the stock a “buy” rating in a research note on Friday, October 24th. Roth Capital boosted their target price on shares of Intel from $30.00 to $40.00 and gave the stock a “neutral” rating in a research report on Friday, October 24th. Northland Securities boosted their target price on shares of Intel from $28.00 to $42.00 in a research report on Friday, September 19th. Loop Capital boosted their target price on shares of Intel from $25.00 to $40.00 and gave the stock a “hold” rating in a research report on Friday, October 24th. Finally, Wells Fargo & Company boosted their target price on shares of Intel from $30.00 to $45.00 and gave the stock an “equal weight” rating in a research report on Friday, October 24th. Two investment analysts have rated the stock with a Buy rating, twenty-four have given a Hold rating and eight have assigned a Sell rating to the company’s stock. According to MarketBeat, Intel currently has an average rating of “Reduce” and a consensus price target of $33.84.

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.