AQR Capital Management LLC Raises Stock Holdings in Intel Corporation $INTC

Key Points

• AQR Capital Management LLC increased its holdings in Intel Corporation by 10.9% in Q1, acquiring an additional 488,336 shares, bringing its total ownership to approximately 4.98 million shares valued at $110.4 million.
• Intel recently reported a quarterly earnings miss with an EPS of ($0.10), despite revenues of $12.86 billion, surpassing analysts' expectations.
• Institutional investors own over 64.53% of Intel’s stock, indicating strong institutional interest in the company.

AQR Capital Management LLC lifted its stake in shares of Intel Corporation (NASDAQ:INTC - Free Report) by 10.9% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 4,984,212 shares of the chip maker's stock after purchasing an additional 488,336 shares during the period. AQR Capital Management LLC owned 0.11% of Intel worth $110,425,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Nuveen LLC acquired a new stake in Intel in the first quarter valued at about $538,430,000. Price T Rowe Associates Inc. MD boosted its holdings in shares of Intel by 99.8% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 29,829,385 shares of the chip maker's stock valued at $677,426,000 after buying an additional 14,901,457 shares during the period. Two Sigma Advisers LP acquired a new stake in shares of Intel in the 4th quarter worth approximately $289,752,000. Two Sigma Investments LP bought a new stake in shares of Intel in the 4th quarter worth approximately $237,457,000. Finally, Goldman Sachs Group Inc. lifted its position in Intel by 133.3% in the 1st quarter. Goldman Sachs Group Inc. now owns 18,758,658 shares of the chip maker's stock worth $426,009,000 after buying an additional 10,719,274 shares in the last quarter. Institutional investors and hedge funds own 64.53% of the company's stock.

Intel Stock Up 0.0%

Shares of NASDAQ INTC traded up $0.01 during trading on Monday, hitting $24.50. The stock had a trading volume of 35,695,045 shares, compared to its average volume of 97,651,313. The company has a market capitalization of $107.21 billion, a PE ratio of -5.14 and a beta of 1.23. The firm has a fifty day moving average of $22.71 and a two-hundred day moving average of $21.81. 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 Corporation has a 12 month low of $17.67 and a 12 month high of $27.55.

Intel (NASDAQ:INTC - Get Free Report) last released its quarterly earnings data on Thursday, July 24th. The chip maker reported ($0.10) EPS for the quarter, missing the consensus estimate of $0.01 by ($0.11). Intel had a negative net margin of 38.64% and a negative return on equity of 3.78%. The business had revenue of $12.86 billion for the quarter, compared to analysts' expectations of $11.88 billion. During the same period last year, the company earned $0.02 earnings per share. Intel's revenue for the quarter was up .5% compared to the same quarter last year. Intel has set its Q3 2025 guidance at 0.000-0.000 EPS. As a group, equities research analysts forecast that Intel Corporation will post -0.11 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several analysts have issued reports on the stock. Benchmark restated a "hold" rating on shares of Intel in a research report on Friday, July 25th. Mizuho lifted their target price on shares of Intel from $22.00 to $23.00 and gave the company a "neutral" rating in a research report on Thursday, July 3rd. UBS Group lifted their target price on shares of Intel from $21.00 to $25.00 and gave the company a "neutral" rating in a research report on Monday, July 14th. Sanford C. Bernstein reiterated a "market perform" rating on shares of Intel in a research report on Tuesday, August 19th. Finally, Rosenblatt Securities reiterated a "sell" rating and set a $14.00 target price on shares of Intel in a research report on Friday, July 25th. One equities research analyst has rated the stock with a Buy rating, twenty-two have issued a Hold rating and five have issued a Sell rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of "Reduce" and an average target price of $22.17.

Intel 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.