Blue Trust Inc. Sells 2,239 Shares of Intel Corporation $INTC

Blue Trust Inc. reduced its position in shares of Intel Corporation (NASDAQ:INTC) by 6.3% in the second quarter, according to its most recent filing with the SEC. The fund owned 33,178 shares of the chip maker’s stock after selling 2,239 shares during the quarter. Blue Trust Inc.’s holdings in Intel were worth $743,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of INTC. N.E.W. Advisory Services LLC bought a new position in shares of Intel during the 1st quarter valued at approximately $25,000. HFM Investment Advisors LLC bought a new stake in Intel in the first quarter worth $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 bought a new stake in Intel in the second quarter worth $28,000. Finally, LFA Lugano Financial Advisors SA bought a new stake in Intel in the first quarter worth $30,000. 64.53% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of analysts recently issued reports on INTC shares. Weiss Ratings restated a “sell (d)” rating on shares of Intel in a research report on Wednesday. Erste Group Bank upgraded Intel from a “sell” rating to a “hold” rating in a research report on Monday, September 22nd. Barclays raised their price target on Intel from $19.00 to $25.00 and gave the stock an “equal weight” rating in a research report on Friday, September 19th. Cantor Fitzgerald raised their price target on Intel from $26.00 to $36.00 and gave the stock a “neutral” rating in a research report on Friday, September 19th. Finally, Hsbc Global Res downgraded Intel from a “hold” rating to a “moderate sell” rating in a research report on Tuesday, October 7th. Two investment analysts have rated the stock with a Buy rating, twenty-three have issued a Hold rating and seven have assigned a Sell rating to the company. According to MarketBeat.com, Intel presently has a consensus rating of “Reduce” and an average price target of $26.63.

Intel Stock Performance

Shares of Intel stock opened at $36.44 on Friday. The firm has a market cap of $159.49 billion, a P/E ratio of -7.64 and a beta of 1.33. The company has a current ratio of 1.24, a quick ratio of 0.92 and a debt-to-equity ratio of 0.42. Intel Corporation has a 12 month low of $17.67 and a 12 month high of $39.65. The stock’s fifty day moving average price is $27.17 and its 200-day moving average price is $23.24.

Intel (NASDAQ:INTC) last announced its quarterly earnings results on Thursday, July 24th. The chip maker reported ($0.10) EPS for the quarter, missing the consensus estimate of $0.01 by ($0.11). The firm had revenue of $12.86 billion for the quarter, compared to analysts’ expectations of $11.88 billion. Intel had a negative net margin of 38.64% and a negative return on equity of 3.78%. The business’s quarterly revenue was up .5% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.02 EPS. Intel has set its Q3 2025 guidance at 0.000-0.000 EPS. On average, equities research analysts expect 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.