S&T Bank PA Reduces Holdings in Intel Corporation $INTC

S&T Bank PA reduced its stake in shares of Intel Corporation (NASDAQ:INTC) by 12.4% in the 2nd quarter, HoldingsChannel reports. The firm owned 34,600 shares of the chip maker’s stock after selling 4,913 shares during the quarter. S&T Bank PA’s holdings in Intel were worth $775,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. HFM Investment Advisors LLC acquired a new stake in shares of Intel during the first quarter valued at $25,000. N.E.W. Advisory Services LLC purchased a new stake 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 in the first quarter valued at approximately $27,000. West Branch Capital LLC acquired a new stake in Intel during the second quarter worth approximately $28,000. Finally, PrairieView Partners LLC raised its holdings in Intel by 77.0% in the 1st quarter. PrairieView Partners LLC now owns 1,398 shares of the chip maker’s stock valued at $31,000 after acquiring an additional 608 shares during the last quarter. Hedge funds and other institutional investors own 64.53% of the company’s stock.

Analysts Set New Price Targets

Several research firms have recently issued reports on INTC. Stifel Nicolaus raised their price objective on Intel from $21.00 to $24.50 and gave the stock a “hold” rating in a report on Monday, July 21st. Cantor Fitzgerald lifted their price target on Intel from $36.00 to $40.00 and gave the company a “neutral” rating in a report on Monday, October 20th. Tigress Financial raised their target price on shares of Intel from $45.00 to $52.00 and gave the stock a “buy” rating in a research report on Tuesday. Seaport Res Ptn raised shares of Intel from a “strong sell” rating to a “hold” rating in a research report on Wednesday, September 24th. Finally, Deutsche Bank Aktiengesellschaft boosted their price objective on shares of Intel from $30.00 to $35.00 and gave the company a “hold” rating in a research note on Friday, October 24th. Two investment analysts have rated the stock with a Buy rating, twenty-three have issued a Hold rating and eight have given a Sell rating to the company’s stock. Based on data from MarketBeat, Intel has a consensus rating of “Reduce” and an average target price of $34.84.

Intel Stock Performance

Shares of INTC opened at $37.24 on Friday. The company has a debt-to-equity ratio of 0.38, a current ratio of 1.60 and a quick ratio of 1.25. The firm has a 50-day moving average of $33.08 and a 200-day moving average of $25.58. The company has a market cap of $163.00 billion, a PE ratio of 3,727.73 and a beta of 1.31. Intel Corporation has a one year low of $17.67 and a one year high of $42.48.

Intel (NASDAQ:INTC) last announced its quarterly earnings results on Thursday, October 23rd. The chip maker reported $0.23 earnings per share for the quarter. Intel had a negative return on equity of 0.75% and a net margin of 0.37%.The firm had revenue of $13.65 billion for the quarter, compared to the consensus estimate of $13.10 billion. During the same quarter in the previous year, the business earned ($0.46) earnings per share. The business’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, equities analysts forecast that Intel Corporation will post -0.11 earnings per share for the current year.

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.