Prudential PLC Sells 160,440 Shares of Intel Corporation $INTC

Prudential PLC decreased its position in shares of Intel Corporation (NASDAQ:INTC) by 44.0% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 204,315 shares of the chip maker’s stock after selling 160,440 shares during the period. Prudential PLC’s holdings in Intel were worth $4,577,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. N.E.W. Advisory Services LLC purchased a new position in Intel during the 1st quarter valued at approximately $25,000. HFM Investment Advisors LLC purchased a new position in shares of Intel in the first quarter valued at $25,000. MJT & Associates Financial Advisory Group Inc. bought a new stake in Intel in the first quarter worth $27,000. West Branch Capital LLC purchased a new position in shares of Intel in the 2nd quarter worth $28,000. Finally, PrairieView Partners LLC increased its holdings in shares of Intel by 77.0% in the 1st quarter. PrairieView Partners LLC now owns 1,398 shares of the chip maker’s stock worth $31,000 after buying an additional 608 shares during the last quarter. 64.53% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

INTC has been the subject of a number of analyst reports. Citigroup reaffirmed a “sell” rating and issued a $29.00 price target (up previously from $24.00) on shares of Intel in a report on Friday, September 19th. Erste Group Bank upgraded Intel from a “sell” rating to a “hold” rating in a research report on Monday, September 22nd. Truist Financial lifted their target price on Intel from $21.00 to $39.00 and gave the stock a “hold” rating in a report on Friday, October 24th. Tigress Financial boosted their target price on Intel from $45.00 to $52.00 and gave the company a “buy” rating in a research report on Tuesday, November 4th. Finally, Evercore ISI raised their price target on Intel from $23.00 to $41.10 in a research report on Friday, October 24th. Two investment 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 company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Reduce” and a consensus target price of $34.84.

Intel Price Performance

Shares of INTC stock opened at $34.50 on Friday. The stock has a 50 day moving average price of $35.63 and a 200 day moving average price of $26.79. 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 quick ratio of 1.25 and a current ratio of 1.60. The firm has a market capitalization of $164.81 billion, a P/E ratio of 3,453.45 and a beta of 1.31.

Intel (NASDAQ:INTC) last released its earnings results on Thursday, October 23rd. The chip maker reported $0.23 earnings per share 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 business’s revenue was up 3.0% compared to the same quarter last year. During the same quarter last year, the firm posted ($0.46) earnings per share. Intel has set its Q4 2025 guidance at 0.080-0.080 EPS. As a group, sell-side analysts predict that Intel Corporation will post -0.11 earnings per share for the current year.

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.