RWA Wealth Partners LLC Sells 7,913 Shares of Intel Corporation $INTC

RWA Wealth Partners LLC decreased its position in Intel Corporation (NASDAQ:INTC) by 6.8% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 107,954 shares of the chip maker’s stock after selling 7,913 shares during the quarter. RWA Wealth Partners LLC’s holdings in Intel were worth $2,418,000 as of its most recent SEC filing.

Several other hedge funds have also added to or reduced their stakes in INTC. Vanguard Group Inc. grew its holdings in Intel by 2.2% in the 1st quarter. Vanguard Group Inc. now owns 377,390,437 shares of the chip maker’s stock valued at $8,570,537,000 after buying an additional 8,291,233 shares in the last quarter. Northern Trust Corp boosted its position in shares of Intel by 0.3% in the first quarter. Northern Trust Corp now owns 45,969,843 shares of the chip maker’s stock valued at $1,043,975,000 after acquiring an additional 158,288 shares during the period. Invesco Ltd. boosted its position in shares of Intel by 1.3% in the first quarter. Invesco Ltd. now owns 43,651,076 shares of the chip maker’s stock valued at $991,316,000 after acquiring an additional 562,246 shares during the period. Amundi grew its stake in shares of Intel by 22.0% in the first quarter. Amundi now owns 37,878,097 shares of the chip maker’s stock valued at $849,606,000 after acquiring an additional 6,829,690 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. increased its position in Intel by 3.2% during the first quarter. Charles Schwab Investment Management Inc. now owns 35,025,596 shares of the chip maker’s stock worth $795,431,000 after acquiring an additional 1,086,836 shares during the period. 64.53% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of analysts have issued reports on the stock. Seaport Res Ptn raised shares of Intel from a “strong sell” rating to a “hold” rating in a report on Wednesday, September 24th. Stifel Nicolaus lifted their price target on shares of Intel from $21.00 to $24.50 and gave the company a “hold” rating in a research report on Monday, July 21st. Barclays increased their price target on Intel from $25.00 to $35.00 and gave the stock an “equal weight” rating in a research report on Friday, October 24th. UBS Group lifted their price objective on Intel from $35.00 to $40.00 and gave the company a “neutral” rating in a report on Monday, October 6th. Finally, Evercore ISI upped their target price on Intel from $23.00 to $41.10 in a research report on Friday, October 24th. Two analysts have rated the stock with a Buy rating, twenty-three have assigned a Hold rating and eight have issued a Sell rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Reduce” and a consensus target price of $34.84.

Intel Trading Up 2.4%

Shares of INTC stock opened at $38.13 on Friday. The stock’s fifty day moving average price is $33.35 and its two-hundred day moving average price is $25.76. The company has a market cap of $166.90 billion, a PE ratio of 3,816.82 and a beta of 1.31. Intel Corporation has a fifty-two week low of $17.67 and a fifty-two week high of $42.48. 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 (NASDAQ:INTC) last posted 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 company had revenue of $13.65 billion during the quarter, compared to analysts’ expectations of $13.10 billion. During the same quarter in the previous year, the firm earned ($0.46) EPS. Intel’s revenue was up 3.0% on a year-over-year basis. Intel has set its Q4 2025 guidance at 0.080-0.080 EPS. Equities analysts predict that Intel Corporation will post -0.11 EPS for the current fiscal 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.