Shell Asset Management Co. Boosts Stake in Intel Corporation $INTC

Shell Asset Management Co. grew its position in shares of Intel Corporation (NASDAQ:INTC) by 124.0% during the second quarter, according to its most recent filing with the SEC. The firm owned 93,577 shares of the chip maker’s stock after acquiring an additional 51,801 shares during the period. Shell Asset Management Co.’s holdings in Intel were worth $2,096,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in INTC. Wedmont Private Capital bought a new position in shares of Intel during the first quarter valued at approximately $418,000. Farther Finance Advisors LLC increased its stake in shares of Intel by 18.5% during the first quarter. Farther Finance Advisors LLC now owns 91,303 shares of the chip maker’s stock valued at $2,013,000 after purchasing an additional 14,274 shares in the last quarter. Harbor Capital Advisors Inc. increased its stake in shares of Intel by 36.3% during the first quarter. Harbor Capital Advisors Inc. now owns 75,627 shares of the chip maker’s stock valued at $1,717,000 after purchasing an additional 20,152 shares in the last quarter. Wealthcare Advisory Partners LLC increased its stake in shares of Intel by 56.7% during the first quarter. Wealthcare Advisory Partners LLC now owns 58,354 shares of the chip maker’s stock valued at $1,325,000 after purchasing an additional 21,105 shares in the last quarter. Finally, Simplicity Wealth LLC bought a new position in shares of Intel during the first quarter valued at approximately $1,298,000. Hedge funds and other institutional investors own 64.53% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages have weighed in on INTC. DZ Bank reaffirmed a “sell” rating on shares of Intel in a research note on Friday, September 19th. Deutsche Bank Aktiengesellschaft increased their price target on shares of Intel from $23.00 to $30.00 and gave the company a “hold” rating in a report on Monday, September 29th. Mizuho increased their price target on shares of Intel from $22.00 to $23.00 and gave the company a “neutral” rating in a report on Thursday, July 3rd. JPMorgan Chase & Co. reiterated a “sell” rating and set a $21.00 price target on shares of Intel in a report on Friday, September 19th. Finally, Weiss Ratings reiterated a “sell (d)” rating on shares of Intel in a report on Wednesday. Two investment analysts have rated the stock with a Buy rating, twenty-three have assigned a Hold rating and seven have given a Sell rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Reduce” and an average target price of $26.30.

Intel Trading Up 0.7%

Shares of INTC stock opened at $37.43 on Thursday. Intel Corporation has a 12-month low of $17.67 and a 12-month high of $38.68. 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 firm’s 50 day moving average is $26.46 and its 200 day moving average is $23.06. The stock has a market capitalization of $163.83 billion, a P/E ratio of -7.85 and a beta of 1.33.

Intel (NASDAQ:INTC) last issued its earnings results on Thursday, July 24th. The chip maker reported ($0.10) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.01 by ($0.11). The company had revenue of $12.86 billion during the quarter, compared to analysts’ expectations of $11.88 billion. Intel had a negative return on equity of 3.78% and a negative net margin of 38.64%.The company’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. Research analysts expect 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.