15,412,728 Shares in Intel Corporation $INTC Acquired by Kingstone Capital Partners Texas LLC

Key Points

• Kingstone Capital Partners Texas LLC has acquired 15,412,728 shares of Intel Corporation, valued at approximately $345 million, which represents a stake of 0.35% in the company.
• Analysts have recently upgraded their target prices for Intel, with Stifel Nicolaus setting a new target of $24.50, while UBS Group raised their target to $25.00, indicating a consensus rating of "Reduce" for the stock.
• Intel reported a loss of $0.10 EPS in its last quarterly earnings, falling short of expectations, even though its revenue increased by 0.5% year-over-year to $12.86 billion.

Kingstone Capital Partners Texas LLC bought a new stake in Intel Corporation (NASDAQ:INTC - Free Report) during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 15,412,728 shares of the chip maker's stock, valued at approximately $345,245,000. Kingstone Capital Partners Texas LLC owned 0.35% of Intel at the end of the most recent quarter.

Other institutional investors have also recently modified their holdings of the company. N.E.W. Advisory Services LLC purchased a new position in Intel during the first quarter worth about $25,000. HFM Investment Advisors LLC acquired a new position in shares of Intel in the 1st quarter worth approximately $25,000. Vermillion Wealth Management Inc. bought a new stake in shares of Intel in the 4th quarter worth approximately $27,000. MJT & Associates Financial Advisory Group Inc. bought a new stake in Intel during the 1st quarter valued at $27,000. Finally, LFA Lugano Financial Advisors SA bought a new stake in shares of Intel in the 1st quarter worth $30,000. 64.53% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

INTC has been the topic of a number of research analyst reports. UBS Group lifted their price target on Intel from $25.00 to $35.00 and gave the company a "neutral" rating in a report on Friday. Erste Group Bank upgraded Intel from a "sell" rating to a "hold" rating in a research report on Monday. Wall Street Zen raised Intel from a "sell" rating to a "hold" rating in a research note on Saturday, September 13th. New Street Research raised their price objective on Intel from $23.00 to $32.00 in a report on Friday. Finally, Stifel Nicolaus raised their price objective on shares of Intel from $21.00 to $24.50 and gave the stock a "hold" rating in a research report on Monday, July 21st. Two research analysts have rated the stock with a Buy rating, twenty-three have given a Hold rating and six have issued a Sell rating to the company's stock. Based on data from MarketBeat.com, Intel has a consensus rating of "Reduce" and an average price target of $25.23.

Intel Trading Down 1.8%

Shares of INTC traded down $0.54 during midday trading on Monday, hitting $29.05. The stock had a trading volume of 82,010,192 shares, compared to its average volume of 99,247,516. The firm has a market cap of $127.13 billion, a PE ratio of -6.09 and a beta of 1.23. Intel Corporation has a 1 year low of $17.67 and a 1 year high of $32.38. The stock's 50 day moving average is $23.29 and its 200 day moving average is $22.02. The company has a debt-to-equity ratio of 0.42, a current ratio of 1.24 and a quick ratio of 0.92.

Intel (NASDAQ:INTC - Get Free Report) last released its quarterly earnings results on Thursday, July 24th. The chip maker reported ($0.10) earnings per share for the quarter, missing analysts' consensus estimates of $0.01 by ($0.11). The firm had revenue of $12.86 billion during the quarter, compared to the consensus estimate of $11.88 billion. Intel had a negative net margin of 38.64% and a negative return on equity of 3.78%. The firm'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 earnings per share. Intel has set its Q3 2025 guidance at 0.000-0.000 EPS. As a group, analysts forecast 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.