Econ Financial Services Corp Buys New Holdings in Intel Corporation $INTC

Econ Financial Services Corp bought a new stake in Intel Corporation (NASDAQ:INTC) during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 33,650 shares of the chip maker’s stock, valued at approximately $754,000.

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

Intel Trading Up 5.0%

NASDAQ:INTC opened at $41.53 on Wednesday. The company has a debt-to-equity ratio of 0.38, a quick ratio of 1.25 and a current ratio of 1.60. Intel Corporation has a one year low of $17.67 and a one year high of $42.48. The business’s 50-day simple moving average is $31.02 and its 200 day simple moving average is $24.66. The stock has a market cap of $181.78 billion, a price-to-earnings ratio of 4,157.16 and a beta of 1.33.

Intel (NASDAQ:INTC) last released its quarterly earnings results on Thursday, October 23rd. The chip maker reported $0.23 EPS for the quarter. Intel had a negative return on equity of 0.75% and a net margin of 0.37%.The business had revenue of $13.65 billion for the quarter, compared to analysts’ expectations of $13.10 billion. During the same quarter in the previous year, the firm posted ($0.46) earnings per share. The company’s revenue was up 3.0% compared to the same quarter last year. Intel has set its Q4 2025 guidance at 0.080-0.080 EPS. As a group, sell-side analysts predict that Intel Corporation will post -0.11 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of brokerages have commented on INTC. Loop Capital boosted their price objective on Intel from $25.00 to $40.00 and gave the stock a “hold” rating in a research note on Friday, October 24th. Cantor Fitzgerald boosted their price objective on Intel from $36.00 to $40.00 and gave the stock a “neutral” rating in a research note on Monday, October 20th. KeyCorp restated a “sector weight” rating on shares of Intel in a research note on Monday, October 20th. JPMorgan Chase & Co. boosted their price objective on Intel from $21.00 to $30.00 and gave the stock an “underweight” rating in a research note on Friday, October 24th. Finally, Wedbush boosted their price objective on Intel from $19.00 to $20.00 and gave the stock a “neutral” rating in a research note on Wednesday, October 22nd. Two research analysts have rated the stock with a Buy rating, twenty-four have issued a Hold rating and eight have assigned a Sell rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Reduce” and a consensus price target of $33.65.

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.