Mirae Asset Global Investments Co. Ltd. Boosts Stake in Intel Corporation $INTC

Mirae Asset Global Investments Co. Ltd. lifted its holdings in Intel Corporation (NASDAQ:INTC) by 10.3% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,561,546 shares of the chip maker’s stock after buying an additional 426,735 shares during the quarter. Mirae Asset Global Investments Co. Ltd.’s holdings in Intel were worth $102,179,000 as of its most recent SEC filing.

A number of other institutional investors have also recently modified their holdings of INTC. N.E.W. Advisory Services LLC purchased a new stake in shares of Intel in the first quarter valued at approximately $25,000. HFM Investment Advisors LLC purchased a new stake in shares of Intel in the first quarter valued at approximately $25,000. MJT & Associates Financial Advisory Group Inc. purchased a new stake in Intel during the first quarter worth $27,000. West Branch Capital LLC purchased a new stake in Intel during the second quarter worth $28,000. Finally, LFA Lugano Financial Advisors SA purchased a new stake in Intel during the first quarter worth $30,000. 64.53% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

INTC has been the topic of a number of research analyst reports. New Street Research boosted their target price on Intel from $23.00 to $32.00 in a research report on Friday, September 19th. Needham & Company LLC reiterated a “hold” rating on shares of Intel in a research report on Friday, July 25th. Sanford C. Bernstein reiterated a “neutral” rating on shares of Intel in a research report on Thursday. JPMorgan Chase & Co. reiterated a “sell” rating and set a $21.00 target price on shares of Intel in a research report on Friday, September 19th. Finally, Seaport Res Ptn upgraded Intel from a “strong sell” rating to a “hold” rating in a research report on Wednesday, September 24th. Two equities research analysts have rated the stock with a Buy rating, twenty-four have assigned a Hold rating and five have issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Reduce” and an average target price of $26.19.

Intel Stock Up 3.8%

Shares of NASDAQ:INTC opened at $37.30 on Friday. The company has a quick ratio of 0.92, a current ratio of 1.24 and a debt-to-equity ratio of 0.42. Intel Corporation has a 52-week low of $17.67 and a 52-week high of $37.57. The stock’s fifty day simple moving average is $25.14 and its 200-day simple moving average is $22.72. The company has a market capitalization of $163.26 billion, a P/E ratio of -7.82 and a beta of 1.33.

Intel (NASDAQ:INTC) last released its earnings results on Thursday, July 24th. The chip maker reported ($0.10) EPS for the quarter, missing the consensus estimate of $0.01 by ($0.11). The business had revenue of $12.86 billion during the quarter, compared to analyst estimates 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 for the quarter was up .5% compared to the same quarter last year. During the same quarter in the previous year, the company 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 fiscal 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.