Chicago Partners Investment Group LLC Buys 18,496 Shares of Intel Corporation $INTC

Key Points

• Chicago Partners Investment Group LLC increased its stake in Intel Corporation by 38.6%, owning a total of 66,455 shares valued at $1,561,000 following the purchase of 18,496 shares.
• Intel's quarterly earnings showed a revenue of $12.86 billion, up 0.5% from the previous year, but it reported a loss of ($0.10) EPS, missing analysts' estimates.
• Wall Street analysts have mixed opinions on Intel stock; while some firms raised their price targets, the overall average rating remains downgraded to "Reduce" with an average target price of $29.22.

Chicago Partners Investment Group LLC boosted its stake in Intel Corporation (NASDAQ:INTC - Free Report) by 38.6% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 66,455 shares of the chip maker's stock after purchasing an additional 18,496 shares during the period. Chicago Partners Investment Group LLC's holdings in Intel were worth $1,561,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the stock. Verdence Capital Advisors LLC lifted its stake 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 purchasing an additional 486 shares during the last quarter. Independent Wealth Network Inc. raised its stake in shares of Intel by 5.2% during the second quarter. Independent Wealth Network Inc. now owns 9,927 shares of the chip maker's stock valued at $222,000 after acquiring an additional 490 shares during the last quarter. Cary Street Partners Investment Advisory LLC raised its stake in shares of Intel by 23.1% during the first 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 during the last quarter. one8zero8 LLC raised its stake in shares of Intel by 4.2% during the first quarter. one8zero8 LLC now owns 12,320 shares of the chip maker's stock valued at $280,000 after acquiring an additional 500 shares during the last quarter. Finally, Indiana Trust & Investment Management Co raised its stake in shares of Intel by 8.4% during the first quarter. Indiana Trust & Investment Management Co now owns 6,457 shares of the chip maker's stock valued at $147,000 after acquiring an additional 500 shares during the last quarter. Institutional investors own 64.53% of the company's stock.

Intel Trading Up 2.9%

NASDAQ:INTC opened at $38.10 on Tuesday. The company has a current ratio of 1.24, a quick ratio of 0.92 and a debt-to-equity ratio of 0.42. The stock has a market capitalization of $166.76 billion, a price-to-earnings ratio of -7.99 and a beta of 1.33. The firm has a fifty day simple moving average of $29.19 and a two-hundred day simple moving average of $23.87. Intel Corporation has a 12 month low of $17.67 and a 12 month high of $39.65.

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). The company had revenue of $12.86 billion during the quarter, compared to analyst estimates of $11.88 billion. Intel had a negative return on equity of 3.78% and a negative net margin of 38.64%.The company's revenue for the quarter was up .5% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.02 earnings per share. Intel has set its Q3 2025 guidance at 0.000-0.000 EPS. Analysts expect that Intel Corporation will post -0.11 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several research firms have recently issued reports on INTC. Morgan Stanley raised their price target on shares of Intel from $23.00 to $36.00 and gave the company an "equal weight" rating in a research note on Monday. Citigroup reaffirmed a "sell" rating and set a $29.00 price target (up previously from $24.00) on shares of Intel in a research note on Friday, September 19th. Weiss Ratings reaffirmed a "sell (d)" rating on shares of Intel in a research note on Wednesday, October 8th. KeyCorp reaffirmed a "sector weight" rating on shares of Intel in a research note on Monday. Finally, Benchmark raised shares of Intel from a "hold" rating to a "buy" rating and set a $43.00 price target for the company in a research note on Friday, September 19th. Two equities research analysts have rated the stock with a Buy rating, twenty-three have given a Hold rating and seven have given a Sell rating to the company. According to MarketBeat, the stock has an average rating of "Reduce" and an average target price of $29.22.

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.

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