Northwest & Ethical Investments L.P. Invests $551,000 in Intel Corporation $INTC

Key Points

• Northwest & Ethical Investments L.P. acquired 24,307 shares of Intel Corporation valued at approximately $551,000 during the first quarter.
• Intel reported a loss of $0.10 EPS for the latest quarter, missing analysts' estimates, despite a revenue increase of 0.5% year-over-year.
• Institutional investors currently hold 64.53% of Intel's stock, indicating strong interest from hedge funds in the company.

Northwest & Ethical Investments L.P. acquired a new position in shares of Intel Corporation (NASDAQ:INTC - Free Report) in the first quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor acquired 24,307 shares of the chip maker's stock, valued at approximately $551,000.

A number of other large investors also recently bought and sold shares of INTC. N.E.W. Advisory Services LLC purchased a new position in Intel during the 1st quarter worth $25,000. Vermillion Wealth Management Inc. purchased a new position in Intel during the 4th quarter worth $27,000. MJT & Associates Financial Advisory Group Inc. purchased a new position in Intel during the 1st quarter worth $27,000. LFA Lugano Financial Advisors SA purchased a new position in Intel during the 1st quarter worth $30,000. Finally, Olde Wealth Management LLC acquired a new position in shares of Intel during the 1st quarter worth $31,000. Hedge funds and other institutional investors own 64.53% of the company's stock.

Wall Street Analyst Weigh In

INTC has been the topic of a number of recent analyst reports. UBS Group upped their price target on shares of Intel from $21.00 to $25.00 and gave the stock a "neutral" rating in a research note on Monday, July 14th. Cfra Research raised shares of Intel to a "hold" rating in a research note on Friday, April 25th. Loop Capital initiated coverage on shares of Intel in a research note on Monday, July 21st. They set a "hold" rating and a $25.00 price target on the stock. Wall Street Zen cut shares of Intel from a "hold" rating to a "sell" rating in a research note on Saturday, July 26th. Finally, Mizuho upped their price target on shares of Intel from $22.00 to $23.00 and gave the stock a "neutral" rating in a research note on Thursday, July 3rd. One analyst has rated the stock with a Buy rating, twenty-three have given a Hold rating and five have assigned a Sell rating to the company's stock. According to MarketBeat.com, the company presently has a consensus rating of "Reduce" and an average target price of $22.17.

Intel Price Performance

Shares of INTC stock traded up $1.30 during trading hours on Friday, hitting $24.80. The company's stock had a trading volume of 196,468,412 shares, compared to its average volume of 139,018,528. The business has a fifty day moving average of $22.15 and a 200-day moving average of $21.70. The stock has a market cap of $108.55 billion, a price-to-earnings ratio of -5.20 and a beta of 1.22. Intel Corporation has a twelve month low of $17.67 and a twelve month high of $27.55. 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 (NASDAQ:INTC - Get Free Report) last released its quarterly earnings results on Thursday, July 24th. The chip maker reported ($0.10) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.01 by ($0.11). Intel had a negative return on equity of 3.78% and a negative net margin of 38.64%.The firm had revenue of $12.86 billion for the quarter, compared to analyst estimates of $11.88 billion. During the same period in the prior year, the business earned $0.02 earnings per share. Intel's revenue for the quarter was up .5% on a year-over-year basis. Intel has set its Q3 2025 guidance at 0.000-0.000 EPS. As a group, equities research analysts anticipate that Intel Corporation will post -0.11 EPS for the current 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.