Financial Partners Group LLC reduced its stake in shares of Intel Corporation (NASDAQ:INTC – Free Report) by 35.4% during the second quarter, Holdings Channel reports. The institutional investor owned 17,705 shares of the chip maker’s stock after selling 9,681 shares during the quarter. Financial Partners Group LLC’s holdings in Intel were worth $397,000 at the end of the most recent quarter.
A number of other institutional investors and hedge funds have also recently modified their holdings of INTC. N.E.W. Advisory Services LLC bought a new stake in shares of Intel in the first quarter worth about $25,000. HFM Investment Advisors LLC bought a new stake in Intel during the 1st quarter valued at approximately $25,000. MJT & Associates Financial Advisory Group Inc. bought a new stake in Intel during the 1st quarter valued at approximately $27,000. West Branch Capital LLC bought a new stake in Intel during the 2nd quarter valued at approximately $28,000. Finally, LFA Lugano Financial Advisors SA bought a new stake in Intel during the 1st quarter valued at approximately $30,000. 64.53% of the stock is owned by institutional investors.
Analyst Upgrades and Downgrades
INTC has been the topic of several research reports. Benchmark raised Intel from a “hold” rating to a “buy” rating and set a $43.00 price objective on the stock in a research report on Friday, September 19th. Seaport Res Ptn raised Intel from a “strong sell” rating to a “hold” rating in a research report on Wednesday. New Street Research boosted their price target on Intel from $23.00 to $32.00 in a research report on Friday, September 19th. UBS Group boosted their price target on Intel from $25.00 to $35.00 and gave the stock a “neutral” rating in a research report on Friday, September 19th. Finally, DZ Bank reissued a “sell” rating on shares of Intel in a research report on Friday, September 19th. Two research analysts have rated the stock with a Buy rating, twenty-four have given a Hold rating and five have assigned a Sell rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Reduce” and a consensus target price of $25.90.
Intel Trading Up 4.4%
Shares of INTC stock opened at $35.50 on Friday. Intel Corporation has a 1 year low of $17.67 and a 1 year high of $36.30. The firm has a fifty day moving average price of $24.17 and a 200-day moving average price of $22.41. The company has a debt-to-equity ratio of 0.42, a current ratio of 1.24 and a quick ratio of 0.92. The company has a market cap of $155.38 billion, a price-to-earnings ratio of -7.44 and a beta of 1.23.
Intel (NASDAQ:INTC – Get Free Report) last issued its quarterly earnings data on Thursday, July 24th. The chip maker reported ($0.10) earnings per share (EPS) 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 company’s revenue was up .5% on a year-over-year basis. During the same period in the previous year, the firm earned $0.02 EPS. Intel has set its Q3 2025 guidance at 0.000-0.000 EPS. As a group, equities analysts predict that Intel Corporation will post -0.11 earnings per share for the current year.
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.
Featured Articles
- Five stocks we like better than Intel
- What Are Treasury Bonds?
- 3 Healthcare Stocks Using AI to Drive Growth
- Top Stocks Investing in 5G Technology
- Get Exposure to Millennials’ Purchasing Power With This ETF
- What Is WallStreetBets and What Stocks Are They Targeting?
- Why a $4.5 Billion Smart Debt Move Is Fueling Dell’s AI Ambitions
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.