Vanguard Group Inc. Buys 8,513,298 Shares of Intel Corporation $INTC

Vanguard Group Inc. grew its stake in shares of Intel Corporation (NASDAQ:INTC) by 2.3% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 385,903,735 shares of the chip maker’s stock after acquiring an additional 8,513,298 shares during the quarter. Vanguard Group Inc. owned about 8.82% of Intel worth $8,644,244,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of INTC. Independent Wealth Network Inc. grew its position in Intel by 5.2% during the 2nd quarter. Independent Wealth Network Inc. now owns 9,927 shares of the chip maker’s stock valued at $222,000 after purchasing an additional 490 shares during the last quarter. Cary Street Partners Investment Advisory LLC lifted its stake in shares of Intel by 23.1% in the first quarter. Cary Street Partners Investment Advisory LLC now owns 2,614 shares of the chip maker’s stock worth $59,000 after buying an additional 491 shares in the last quarter. one8zero8 LLC grew its holdings in shares of Intel by 4.2% during the first quarter. one8zero8 LLC now owns 12,320 shares of the chip maker’s stock valued at $280,000 after buying an additional 500 shares during the last quarter. Indiana Trust & Investment Management Co increased its position in shares of Intel by 8.4% during the first quarter. Indiana Trust & Investment Management Co now owns 6,457 shares of the chip maker’s stock valued at $147,000 after acquiring an additional 500 shares in the last quarter. Finally, Cedar Mountain Advisors LLC raised its holdings in Intel by 17.4% in the 2nd quarter. Cedar Mountain Advisors LLC now owns 3,381 shares of the chip maker’s stock worth $76,000 after acquiring an additional 500 shares during the last quarter. Hedge funds and other institutional investors own 64.53% of the company’s stock.

Intel Stock Down 1.1%

Intel stock opened at $34.33 on Wednesday. Intel Corporation has a one year low of $17.67 and a one year high of $42.48. The stock has a fifty day moving average of $35.04 and a 200 day moving average of $26.58. 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 stock has a market cap of $163.99 billion, a PE ratio of 3,436.44 and a beta of 1.31.

Intel (NASDAQ:INTC) last announced its earnings results on Thursday, October 23rd. The chip maker reported $0.23 earnings per share (EPS) for the quarter. The business had revenue of $13.65 billion for the quarter, compared to analysts’ expectations of $13.10 billion. Intel had a negative return on equity of 0.75% and a net margin of 0.37%.The business’s revenue for the quarter was up 3.0% on a year-over-year basis. During the same period last year, the firm posted ($0.46) earnings per share. Intel has set its Q4 2025 guidance at 0.080-0.080 EPS. As a group, sell-side analysts predict that Intel Corporation will post -0.11 EPS for the current year.

Wall Street Analysts Forecast Growth

INTC has been the topic of several analyst reports. Tigress Financial upped their price objective on Intel from $45.00 to $52.00 and gave the company a “buy” rating in a research report on Tuesday, November 4th. Wells Fargo & Company boosted their price target on Intel from $30.00 to $45.00 and gave the stock an “equal weight” rating in a research note on Friday, October 24th. Deutsche Bank Aktiengesellschaft upped their price target on Intel from $30.00 to $35.00 and gave the company a “hold” rating in a report on Friday, October 24th. BNP Paribas Exane lifted their price objective on Intel from $19.00 to $30.00 and gave the stock an “underperform” rating in a report on Friday, October 24th. Finally, KeyCorp reissued a “sector weight” rating on shares of Intel in a research report on Monday, October 20th. Two research analysts have rated the stock with a Buy rating, twenty-three have given a Hold rating and eight have given a Sell rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Reduce” and an average price target of $34.84.

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.