Intel Corporation $INTC Shares Acquired by Groupe la Francaise

Groupe la Francaise boosted its position in Intel Corporation (NASDAQ:INTC) by 949.9% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 52,601 shares of the chip maker’s stock after purchasing an additional 47,591 shares during the quarter. Groupe la Francaise’s holdings in Intel were worth $1,178,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also modified their holdings of the company. Vanguard Group Inc. boosted its position in Intel by 2.3% during the second quarter. Vanguard Group Inc. now owns 385,903,735 shares of the chip maker’s stock worth $8,644,244,000 after acquiring an additional 8,513,298 shares during the last quarter. Geode Capital Management LLC grew its position in shares of Intel by 1.8% in the second quarter. Geode Capital Management LLC now owns 97,563,079 shares of the chip maker’s stock valued at $2,174,854,000 after purchasing an additional 1,760,773 shares during the period. Primecap Management Co. CA boosted its position in shares of Intel by 4.3% in the second quarter. Primecap Management Co. CA now owns 80,298,180 shares of the chip maker’s stock worth $1,798,679,000 after acquiring an additional 3,313,890 shares during the last quarter. Norges Bank purchased a new stake in Intel in the second quarter valued at approximately $1,579,378,000. Finally, Northern Trust Corp grew its holdings in 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 purchasing an additional 158,288 shares during the period. 64.53% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several analysts have recently issued reports on INTC shares. Evercore ISI boosted their price objective on shares of Intel from $23.00 to $41.10 in a research note on Friday, October 24th. Hsbc Global Res lowered Intel from a “hold” rating to a “moderate sell” rating in a research note on Tuesday, October 7th. Sanford C. Bernstein reaffirmed a “neutral” rating on shares of Intel in a research note on Tuesday, November 18th. Deutsche Bank Aktiengesellschaft increased their target price on shares of Intel from $30.00 to $35.00 and gave the stock a “hold” rating in a research report on Friday, October 24th. Finally, Susquehanna lifted their price target on shares of Intel from $31.00 to $35.00 and gave the company a “neutral” rating in a research report on Friday, October 24th. Two equities research analysts have rated the stock with a Buy rating, twenty-four have assigned a Hold rating and eight have assigned a Sell rating to the company’s stock. According to MarketBeat, Intel presently has a consensus rating of “Reduce” and a consensus target price of $34.84.

Intel Stock Down 7.4%

INTC stock opened at $40.50 on Friday. 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 has a 50 day simple moving average of $37.54 and a 200-day simple moving average of $27.91. The company has a market capitalization of $193.47 billion, a P/E ratio of 4,054.05 and a beta of 1.34. Intel Corporation has a twelve month low of $17.67 and a twelve month high of $44.02.

Intel (NASDAQ:INTC) last announced its quarterly earnings data on Thursday, October 23rd. The chip maker reported $0.23 earnings per share for the quarter. The company had revenue of $13.65 billion during the quarter, compared to analyst estimates of $13.10 billion. Intel had a net margin of 0.37% and a negative return on equity of 0.75%. The firm’s revenue for the quarter was up 3.0% compared to the same quarter last year. During the same period last year, the business earned ($0.46) EPS. Intel has set its Q4 2025 guidance at 0.080-0.080 EPS. On average, equities research analysts predict that Intel Corporation will post -0.11 earnings per share for the current fiscal 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.