Wealth Alliance Advisory Group LLC increased its position in Intel Corporation (NASDAQ:INTC – Free Report) by 30.8% in the second quarter, according to its most recent 13F filing with the SEC. The firm owned 12,744 shares of the chip maker’s stock after purchasing an additional 3,000 shares during the period. Wealth Alliance Advisory Group LLC’s holdings in Intel were worth $285,000 at the end of the most recent reporting period.
Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. HFM Investment Advisors LLC acquired a new position in Intel in the 1st quarter worth approximately $25,000. N.E.W. Advisory Services LLC acquired a new position in Intel in the 1st quarter worth approximately $25,000. MJT & Associates Financial Advisory Group Inc. acquired a new position in Intel in the 1st quarter worth approximately $27,000. LFA Lugano Financial Advisors SA acquired a new position in Intel in the 1st quarter worth approximately $30,000. Finally, Vermillion Wealth Management Inc. acquired a new position in Intel in the 4th quarter worth approximately $27,000. Institutional investors and hedge funds own 64.53% of the company’s stock.
Wall Street Analysts Forecast Growth
A number of research firms recently commented on INTC. Stifel Nicolaus raised their price objective on shares of Intel from $21.00 to $24.50 and gave the stock a “hold” rating in a research note on Monday, July 21st. UBS Group lifted their target price on shares of Intel from $21.00 to $25.00 and gave the company a “neutral” rating in a research note on Monday, July 14th. Loop Capital started coverage on shares of Intel in a research note on Monday, July 21st. They set a “hold” rating and a $25.00 target price for the company. Wall Street Zen raised shares of Intel from a “sell” rating to a “hold” rating in a research note on Saturday. Finally, Citigroup reissued a “hold” rating on shares of Intel in a research note on Tuesday, July 8th. One investment analyst has rated the stock with a Buy rating, twenty-two have given a Hold rating and five have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Reduce” and a consensus price target of $22.17.
Intel Stock Down 2.2%
Intel stock opened at $24.08 on Friday. The company has a market capitalization of $105.40 billion, a P/E ratio of -5.05 and a beta of 1.23. The firm’s fifty day simple moving average is $22.92 and its 200-day simple moving average is $21.85. The company has a current ratio of 1.24, a quick ratio of 0.92 and a debt-to-equity ratio of 0.42. Intel Corporation has a 1-year low of $17.67 and a 1-year high of $27.55.
Intel (NASDAQ:INTC – Get Free Report) last released its quarterly earnings results 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 for the quarter, compared to the consensus estimate of $11.88 billion. Intel had a negative net margin of 38.64% and a negative return on equity of 3.78%. The firm’s revenue for the quarter was up .5% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.02 EPS. Intel has set its Q3 2025 guidance at 0.000-0.000 EPS. Sell-side analysts forecast that Intel Corporation will post -0.11 earnings per share 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.
Featured Articles
- Five stocks we like better than Intel
- Low PE Growth Stocks: Unlocking Investment Opportunities
- Ride the Luxury Retail Wave with These 3 High-End Brand Stocks
- How to Calculate Return on Investment (ROI)
- Wall Street Quietly Bets Big on These Chinese Tech Giants
- Low PE Growth Stocks: Unlocking Investment Opportunities
- Meta’s $600B U.S. Investment: Bearish or Bullish for Shares?
Want to see what other hedge funds are holding INTC? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Intel Corporation (NASDAQ:INTC – Free Report).
Receive News & Ratings for Intel Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Intel and related companies with MarketBeat.com's FREE daily email newsletter.