Amundi Increases Holdings in Intel Corporation $INTC

Key Points

• Amundi has increased its ownership in Intel Corporation by 22.0%, acquiring an additional 6,829,690 shares to reach a total of 37,878,097 shares, valued at approximately $849.6 million.
• Intel reported a loss of $0.10 per share in its latest quarterly earnings, failing to meet analysts' expectations, despite generating $12.86 billion in revenue.
• The stock has a current market cap of $105.97 billion, with multiple ratings including one Buy, twenty-two Hold, and five Sell ratings reflecting cautious sentiment among analysts.

Amundi increased its position in shares of Intel Corporation (NASDAQ:INTC - Free Report) by 22.0% in the first quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 37,878,097 shares of the chip maker's stock after buying an additional 6,829,690 shares during the quarter. Amundi owned 0.87% of Intel worth $849,606,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. Cornerstone Advisory LLC boosted its stake in shares of Intel by 4.3% during the 4th quarter. Cornerstone Advisory LLC now owns 9,863 shares of the chip maker's stock worth $198,000 after acquiring an additional 409 shares during the period. Verdence Capital Advisors LLC raised its holdings in Intel by 1.1% in the 1st quarter. Verdence Capital Advisors LLC now owns 45,682 shares of the chip maker's stock valued at $1,037,000 after acquiring an additional 486 shares in the last quarter. Cary Street Partners Investment Advisory LLC raised its holdings in Intel by 23.1% in the 1st quarter. Cary Street Partners Investment Advisory LLC now owns 2,614 shares of the chip maker's stock valued at $59,000 after acquiring an additional 491 shares in the last quarter. one8zero8 LLC raised its holdings in Intel by 4.2% in the 1st quarter. one8zero8 LLC now owns 12,320 shares of the chip maker's stock valued at $280,000 after acquiring an additional 500 shares in the last quarter. Finally, Lakeridge Wealth Management LLC raised its holdings in shares of Intel by 4.4% during the 1st quarter. Lakeridge Wealth Management LLC now owns 12,521 shares of the chip maker's stock worth $284,000 after buying an additional 525 shares in the last quarter. 64.53% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

INTC has been the subject of a number of research analyst reports. Needham & Company LLC reissued a "hold" rating on shares of Intel in a report on Friday, July 25th. Benchmark reiterated a "hold" rating on shares of Intel in a research report on Friday, July 25th. Loop Capital started coverage on Intel in a research report on Monday, July 21st. They set a "hold" rating and a $25.00 target price on the stock. Deutsche Bank Aktiengesellschaft started coverage on Intel in a research note on Wednesday, May 21st. They set a "hold" rating and a $23.00 price target on the stock. Finally, Stifel Nicolaus upped their price target on Intel from $21.00 to $24.50 and gave the stock a "hold" rating in a research note on Monday, July 21st. One investment analyst has rated the stock with a Buy rating, twenty-two have assigned a Hold rating and five have assigned a Sell rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of "Reduce" and an average price target of $22.17.

Intel Stock Performance

NASDAQ INTC traded down $0.12 on Friday, hitting $24.49. 55,699,848 shares of the stock traded hands, compared to its average volume of 127,681,256. The business's fifty day moving average is $22.71 and its two-hundred day moving average is $21.87. Intel Corporation has a 12 month low of $17.67 and a 12 month high of $27.55. The firm has a market capitalization of $107.19 billion, a price-to-earnings ratio of -5.13 and a beta of 1.23. The company has a debt-to-equity ratio of 0.42, a quick ratio of 0.92 and a current ratio of 1.24.

Intel (NASDAQ:INTC - Get Free Report) last posted its quarterly earnings results on Thursday, July 24th. The chip maker reported ($0.10) EPS for the quarter, missing analysts' consensus estimates 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 company had revenue of $12.86 billion during the quarter, compared to the consensus estimate of $11.88 billion. During the same period in the previous year, the business earned $0.02 earnings per share. Intel's revenue 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 analysts anticipate 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.