Fjarde AP Fonden Fourth Swedish National Pension Fund Buys 123,100 Shares of Intel Corporation $INTC

Fjarde AP Fonden Fourth Swedish National Pension Fund raised its stake in shares of Intel Corporation (NASDAQ:INTC) by 21.3% during the 2nd quarter, Holdings Channel.com reports. The institutional investor owned 702,311 shares of the chip maker’s stock after acquiring an additional 123,100 shares during the quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund’s holdings in Intel were worth $15,732,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of the stock. Rossby Financial LCC raised its holdings in Intel by 44.7% during the second quarter. Rossby Financial LCC now owns 2,436 shares of the chip maker’s stock valued at $55,000 after buying an additional 752 shares in the last quarter. SYM FINANCIAL Corp raised its holdings in Intel by 126.6% during the second quarter. SYM FINANCIAL Corp now owns 23,033 shares of the chip maker’s stock valued at $516,000 after buying an additional 12,870 shares in the last quarter. Y Intercept Hong Kong Ltd raised its holdings in Intel by 6,865.7% during the second quarter. Y Intercept Hong Kong Ltd now owns 1,151,425 shares of the chip maker’s stock valued at $25,792,000 after buying an additional 1,134,895 shares in the last quarter. Transcend Capital Advisors LLC raised its holdings in Intel by 8.8% during the second quarter. Transcend Capital Advisors LLC now owns 21,247 shares of the chip maker’s stock valued at $476,000 after buying an additional 1,718 shares in the last quarter. Finally, Banco Santander S.A. raised its holdings in Intel by 78.4% during the second quarter. Banco Santander S.A. now owns 436,145 shares of the chip maker’s stock valued at $9,770,000 after buying an additional 191,642 shares in the last quarter. 64.53% of the stock is currently owned by institutional investors.

Intel Trading Up 5.0%

Intel stock 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. The business’s 50-day simple moving average is $31.02 and its 200-day simple moving average is $24.66. The firm has a market capitalization of $181.78 billion, a PE ratio of 4,157.16 and a beta of 1.33. Intel Corporation has a 52 week low of $17.67 and a 52 week high of $42.48.

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

Analysts Set New Price Targets

Several research firms have weighed in on INTC. Evercore ISI raised their target price on Intel from $23.00 to $41.10 in a report on Friday, October 24th. Wall Street Zen raised Intel from a “sell” rating to a “hold” rating in a research report on Saturday, September 13th. Citigroup reiterated a “sell” rating and issued a $29.00 price objective (up from $24.00) on shares of Intel in a research note on Friday, September 19th. TD Cowen lifted their price objective on Intel from $35.00 to $38.00 and gave the stock a “hold” rating in a research note on Friday, October 24th. Finally, Wells Fargo & Company lifted their price objective on Intel from $30.00 to $45.00 and gave the stock an “equal weight” rating in a research note on Friday, October 24th. Two equities research analysts have rated the stock with a Buy rating, twenty-four have given a Hold rating and eight have assigned a Sell rating to the stock. According to MarketBeat.com, the company has an average rating of “Reduce” and a consensus price target of $33.65.

Intel 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.