HBK Sorce Advisory LLC Has $827,000 Holdings in Intel Corporation $INTC

HBK Sorce Advisory LLC lifted its position in shares of Intel Corporation (NASDAQ:INTC) by 2.3% during the second quarter, Holdings Channel.com reports. The firm owned 36,927 shares of the chip maker’s stock after purchasing an additional 828 shares during the period. HBK Sorce Advisory LLC’s holdings in Intel were worth $827,000 as of its most recent SEC filing.

Several other hedge funds have also bought and sold shares of INTC. N.E.W. Advisory Services LLC acquired a new position in Intel during the first quarter worth $25,000. HFM Investment Advisors LLC bought a new stake in shares of Intel during the first quarter worth about $25,000. MJT & Associates Financial Advisory Group Inc. acquired a new stake in shares of Intel in the 1st quarter worth about $27,000. West Branch Capital LLC acquired a new stake in shares of Intel in the 2nd quarter worth about $28,000. Finally, Olde Wealth Management LLC bought a new position in Intel in the 1st quarter valued at about $31,000. Institutional investors and hedge funds own 64.53% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts have commented on INTC shares. Truist Financial boosted their price objective on Intel from $21.00 to $39.00 and gave the stock a “hold” rating in a report on Friday, October 24th. Cowen reaffirmed a “hold” rating on shares of Intel in a research report on Friday, October 24th. Citigroup reissued a “sell” rating and issued a $29.00 price target (up from $24.00) on shares of Intel in a research report on Friday, September 19th. Stifel Nicolaus raised their price objective on Intel from $21.00 to $24.50 and gave the company a “hold” rating in a research note on Monday, July 21st. Finally, Wells Fargo & Company upped their target price on shares of Intel from $30.00 to $45.00 and gave the stock an “equal weight” rating in a research note on Friday, October 24th. Two investment analysts have rated the stock with a Buy rating, twenty-four have assigned a Hold rating and eight have given a Sell rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Reduce” and a consensus target price of $33.84.

Intel Trading Down 2.9%

NASDAQ:INTC opened at $40.16 on Friday. Intel Corporation has a 12 month low of $17.67 and a 12 month high of $42.48. The company has a current ratio of 1.60, a quick ratio of 1.25 and a debt-to-equity ratio of 0.38. The firm’s 50 day moving average is $31.71 and its 200 day moving average is $24.92. The stock has a market capitalization of $175.78 billion, a PE ratio of 4,020.02 and a beta of 1.33.

Intel (NASDAQ:INTC) last released its earnings results on Thursday, October 23rd. The chip maker reported $0.23 earnings per share (EPS) for the quarter. The business had revenue of $13.65 billion during the quarter, compared to the consensus estimate of $13.10 billion. Intel had a negative return on equity of 0.75% and a net margin of 0.37%.The business’s revenue for the quarter was up 3.0% on a year-over-year basis. During the same period last year, the business posted ($0.46) earnings per share. Intel has set its Q4 2025 guidance at 0.080-0.080 EPS. Sell-side 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.