RMG Wealth Management LLC Buys New Stake in Intel Corporation $INTC

RMG Wealth Management LLC bought a new stake in shares of Intel Corporation (NASDAQ:INTC) in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 1,537 shares of the chip maker’s stock, valued at approximately $36,000.

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

Intel Price Performance

Intel stock opened at $37.17 on Wednesday. Intel Corporation has a 52-week low of $17.67 and a 52-week high of $38.68. The firm has a market capitalization of $162.69 billion, a price-to-earnings ratio of -7.79 and a beta of 1.33. The company has a fifty day simple moving average of $26.12 and a 200-day simple moving average of $22.96. 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 (NASDAQ:INTC) last released its earnings results 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). Intel had a negative return on equity of 3.78% and a negative net margin of 38.64%.The business had revenue of $12.86 billion for the quarter, compared to analysts’ expectations of $11.88 billion. During the same period in the previous year, the company earned $0.02 EPS. Intel’s quarterly revenue was up .5% compared to the same quarter last year. Intel has set its Q3 2025 guidance at 0.000-0.000 EPS. On average, equities analysts anticipate that Intel Corporation will post -0.11 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of research analysts have weighed in on the stock. Needham & Company LLC reiterated a “hold” rating on shares of Intel in a research report on Friday, July 25th. Erste Group Bank raised shares of Intel from a “sell” rating to a “hold” rating in a report on Monday, September 22nd. Rosenblatt Securities reissued a “sell” rating and issued a $14.00 price target on shares of Intel in a report on Friday, July 25th. HSBC set a $24.00 price target on shares of Intel in a report on Tuesday. Finally, Citigroup reissued a “sell” rating and issued a $29.00 price target (up previously from $24.00) on shares of Intel in a report on Friday, September 19th. Two investment analysts have rated the stock with a Buy rating, twenty-four have issued a Hold rating and six have given a Sell rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Reduce” and a consensus target price of $26.30.

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.