E. Ohman J or Asset Management AB Decreases Stake in Intel Corporation $INTC

E. Ohman J or Asset Management AB trimmed its position in Intel Corporation (NASDAQ:INTC) by 3.9% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 180,960 shares of the chip maker’s stock after selling 7,260 shares during the period. E. Ohman J or Asset Management AB’s holdings in Intel were worth $4,054,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in INTC. Parallel Advisors LLC raised its stake in shares of Intel by 1.9% in the second quarter. Parallel Advisors LLC now owns 84,445 shares of the chip maker’s stock worth $1,892,000 after purchasing an additional 1,603 shares during the last quarter. Wealth Alliance Advisory Group LLC raised its stake in shares of Intel by 30.8% during the 2nd quarter. Wealth Alliance Advisory Group LLC now owns 12,744 shares of the chip maker’s stock valued at $285,000 after buying an additional 3,000 shares during the last quarter. Capital Asset Advisory Services LLC raised its stake in shares of Intel by 5.3% during the 2nd quarter. Capital Asset Advisory Services LLC now owns 21,713 shares of the chip maker’s stock valued at $496,000 after buying an additional 1,086 shares during the last quarter. OMNI 360 Wealth Inc. acquired a new position in shares of Intel in the 2nd quarter valued at about $351,000. Finally, Thurston Springer Miller Herd & Titak Inc. boosted its stake in shares of Intel by 8.3% in the second quarter. Thurston Springer Miller Herd & Titak Inc. now owns 21,766 shares of the chip maker’s stock worth $488,000 after buying an additional 1,664 shares during the last quarter. Institutional investors and hedge funds own 64.53% of the company’s stock.

Intel Trading Down 2.2%

Shares of NASDAQ INTC opened at $24.08 on Monday. The company has a current ratio of 1.24, a quick ratio of 0.92 and a debt-to-equity ratio of 0.42. The stock has a market capitalization of $105.40 billion, a PE ratio of -5.05 and a beta of 1.23. Intel Corporation has a twelve month low of $17.67 and a twelve month high of $27.55. The stock has a fifty day simple moving average of $22.92 and a 200-day simple moving average of $21.84.

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

Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on INTC shares. Sanford C. Bernstein reaffirmed a “market perform” rating on shares of Intel in a report on Tuesday, August 19th. JPMorgan Chase & Co. lifted their price objective on Intel from $20.00 to $21.00 and gave the stock an “underweight” rating in a report on Friday, July 25th. Citigroup reissued a “hold” rating on shares of Intel in a research note on Tuesday, July 8th. Rosenblatt Securities reissued a “sell” rating and issued a $14.00 target price on shares of Intel in a research note on Friday, July 25th. Finally, Deutsche Bank Aktiengesellschaft initiated coverage on shares of Intel in a research report on Wednesday, May 21st. They set a “hold” rating and a $23.00 price target on the stock. One research analyst has rated the stock with a Buy rating, twenty-two have issued a Hold rating and five have given a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Reduce” and an average price target of $22.17.

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.