Stock Yards Bank & Trust Co. Raises Position in Intel Corporation $INTC

Stock Yards Bank & Trust Co. lifted its stake in shares of Intel Corporation (NASDAQ:INTC) by 5.1% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 44,563 shares of the chip maker’s stock after purchasing an additional 2,169 shares during the period. Stock Yards Bank & Trust Co.’s holdings in Intel were worth $998,000 at the end of the most recent quarter.

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

Analyst Ratings Changes

A number of brokerages have weighed in on INTC. Loop Capital began coverage on shares of Intel in a research report on Monday, July 21st. They set a “hold” rating and a $25.00 target price for the company. Rosenblatt Securities reiterated a “sell” rating and set a $14.00 target price on shares of Intel in a research report on Friday, July 25th. Benchmark upgraded shares of Intel from a “hold” rating to a “buy” rating and set a $43.00 target price for the company in a research report on Friday, September 19th. New Street Research increased their target price on shares of Intel from $23.00 to $32.00 in a research report on Friday, September 19th. Finally, Sanford C. Bernstein reiterated a “neutral” rating on shares of Intel in a research report on Thursday. Two analysts have rated the stock with a Buy rating, twenty-four have given a Hold rating and six have issued a Sell rating to the company’s stock. Based on data from MarketBeat, Intel has a consensus rating of “Reduce” and an average target price of $26.19.

Intel Trading Down 1.3%

Shares of INTC opened at $36.83 on Friday. The firm has a market cap of $161.20 billion, a price-to-earnings ratio of -7.72 and a beta of 1.33. The company has a debt-to-equity ratio of 0.42, a quick ratio of 0.92 and a current ratio of 1.24. Intel Corporation has a fifty-two week low of $17.67 and a fifty-two week high of $38.08. The firm has a 50 day moving average price of $25.47 and a 200-day moving average price of $22.79.

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