Kingsview Wealth Management LLC Acquires 5,297 Shares of Intel Corporation $INTC

Kingsview Wealth Management LLC boosted its holdings in shares of Intel Corporation (NASDAQ:INTC) by 9.9% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 58,772 shares of the chip maker’s stock after purchasing an additional 5,297 shares during the quarter. Kingsview Wealth Management LLC’s holdings in Intel were worth $1,316,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. J.W. Cole Advisors Inc. raised its stake in Intel by 195.7% during the 1st quarter. J.W. Cole Advisors Inc. now owns 81,506 shares of the chip maker’s stock valued at $1,851,000 after purchasing an additional 53,946 shares during the last quarter. Wealth Alliance LLC bought a new position in shares of Intel during the 1st quarter worth about $218,000. Crestwood Advisors Group LLC raised its position in shares of Intel by 47.8% during the first quarter. Crestwood Advisors Group LLC now owns 23,272 shares of the chip maker’s stock valued at $529,000 after buying an additional 7,523 shares during the last quarter. Y Intercept Hong Kong Ltd bought a new stake in shares of Intel in the first quarter valued at about $375,000. Finally, KLP Kapitalforvaltning AS grew its position in Intel by 2.6% during the first quarter. KLP Kapitalforvaltning AS now owns 1,465,008 shares of the chip maker’s stock worth $33,270,000 after buying an additional 37,700 shares in the last quarter. Institutional investors and hedge funds own 64.53% of the company’s stock.

Intel Stock Performance

Intel stock opened at $35.11 on Thursday. The firm has a market capitalization of $167.72 billion, a P/E ratio of 3,514.51 and a beta of 1.31. The stock has a fifty day moving average price of $35.24 and a two-hundred day moving average price of $26.64. Intel Corporation has a 52-week low of $17.67 and a 52-week high of $42.48. The company has a debt-to-equity ratio of 0.38, a current ratio of 1.60 and a quick ratio of 1.25.

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

Analysts Set New Price Targets

INTC has been the subject of several recent research reports. Deutsche Bank Aktiengesellschaft upped their price target on Intel from $30.00 to $35.00 and gave the company a “hold” rating in a report on Friday, October 24th. Tigress Financial upped their target price on Intel from $45.00 to $52.00 and gave the company a “buy” rating in a research note on Tuesday, November 4th. Needham & Company LLC reiterated a “hold” rating on shares of Intel in a research note on Friday, October 24th. Cantor Fitzgerald boosted their price target on shares of Intel from $36.00 to $40.00 and gave the company a “neutral” rating in a report on Monday, October 20th. Finally, Roth Capital raised their price objective on shares of Intel from $30.00 to $40.00 and gave the stock a “neutral” rating in a report on Friday, October 24th. Two analysts have rated the stock with a Buy rating, twenty-three have issued a Hold rating and eight have issued a Sell rating to the stock. Based on data from MarketBeat, Intel has a consensus rating of “Reduce” and an average price target of $34.84.

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.