Intel Corporation $INTC Stake Lowered by Verdence Capital Advisors LLC

Verdence Capital Advisors LLC reduced its stake in shares of Intel Corporation (NASDAQ:INTC) by 6.6% during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 42,664 shares of the chip maker’s stock after selling 3,018 shares during the period. Verdence Capital Advisors LLC’s holdings in Intel were worth $956,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of the stock. N.E.W. Advisory Services LLC acquired a new stake in shares of Intel in the 1st quarter valued at $25,000. HFM Investment Advisors LLC bought a new stake in Intel in the first quarter worth $25,000. MJT & Associates Financial Advisory Group Inc. bought a new stake in Intel in the first quarter worth $27,000. West Branch Capital LLC bought a new stake in Intel in the second quarter worth $28,000. Finally, LFA Lugano Financial Advisors SA bought a new stake in Intel in the first quarter worth $30,000. 64.53% of the stock is currently owned by hedge funds and other institutional investors.

Intel Stock Performance

NASDAQ:INTC opened at $35.63 on Wednesday. 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 has a market capitalization of $155.95 billion, a PE ratio of -7.47 and a beta of 1.33. The firm’s fifty day simple moving average is $27.83 and its 200 day simple moving average is $23.42. Intel Corporation has a 1 year low of $17.67 and a 1 year high of $39.65.

Intel (NASDAQ:INTC) last posted its quarterly 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 analyst estimates of $11.88 billion. Intel had a negative return on equity of 3.78% and a negative net margin of 38.64%.The business’s revenue for the quarter was up .5% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.02 earnings per share. Intel has set its Q3 2025 guidance at 0.000-0.000 EPS. On average, sell-side analysts anticipate that Intel Corporation will post -0.11 EPS for the current year.

Analysts Set New Price Targets

A number of equities research analysts recently issued reports on the stock. UBS Group upped their price objective on shares of Intel from $35.00 to $40.00 and gave the stock a “neutral” rating in a report on Monday, October 6th. Northland Securities upped their price objective on shares of Intel from $28.00 to $42.00 in a report on Friday, September 19th. DZ Bank reiterated a “sell” rating on shares of Intel in a report on Friday, September 19th. Loop Capital began coverage on shares of Intel in a research note on Monday, July 21st. They issued a “hold” rating and a $25.00 target price on the stock. Finally, Sanford C. Bernstein reiterated a “neutral” rating on shares of Intel in a research note on Thursday, October 2nd. Two investment analysts have rated the stock with a Buy rating, twenty-two have issued a Hold rating and eight have issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Reduce” and a consensus target price of $27.60.

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.