Engineers Gate Manager LP Has $17.14 Million Stock Holdings in Intel Corporation $INTC

Key Points

• Engineers Gate Manager LP boosted its stake in Intel by 91.8% in Q2 to 765,091 shares, holdings now valued at about $17.14 million per its SEC filing.
• Analyst sentiment is mixed: several firms raised price targets (e.g., Northland to $42, Wells Fargo to $45), but MarketBeat's average rating is Reduce with an average price target of $34.84.
• Intel reported $0.23 EPS and $13.65 billion in revenue last quarter (above estimates) and guided Q4 to $0.08 EPS; the stock trades near $37.81 with a one‑year range of $17.67–$44.02.

Engineers Gate Manager LP boosted its position in shares of Intel Corporation (NASDAQ:INTC - Free Report) by 91.8% in the second quarter, according to the company in its most recent disclosure with the SEC. The firm owned 765,091 shares of the chip maker's stock after purchasing an additional 366,092 shares during the quarter. Engineers Gate Manager LP's holdings in Intel were worth $17,138,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. Independent Wealth Network Inc. grew its holdings in shares of Intel by 5.2% in the 2nd quarter. Independent Wealth Network Inc. now owns 9,927 shares of the chip maker's stock valued at $222,000 after buying an additional 490 shares during the period. HHM Wealth Advisors LLC lifted its holdings in Intel by 6.3% during the second quarter. HHM Wealth Advisors LLC now owns 8,384 shares of the chip maker's stock worth $188,000 after acquiring an additional 497 shares in the last quarter. Indiana Trust & Investment Management Co lifted its holdings in Intel by 8.4% during the first quarter. Indiana Trust & Investment Management Co now owns 6,457 shares of the chip maker's stock worth $147,000 after acquiring an additional 500 shares in the last quarter. Cedar Mountain Advisors LLC grew its stake in Intel by 17.4% in the second quarter. Cedar Mountain Advisors LLC now owns 3,381 shares of the chip maker's stock valued at $76,000 after acquiring an additional 500 shares during the period. Finally, Eukles Asset Management increased its holdings in shares of Intel by 55.6% in the second quarter. Eukles Asset Management now owns 1,400 shares of the chip maker's stock worth $31,000 after acquiring an additional 500 shares in the last quarter. Institutional investors own 64.53% of the company's stock.

Wall Street Analysts Forecast Growth

INTC has been the topic of several recent analyst reports. Northland Securities lifted their price objective on Intel from $28.00 to $42.00 in a report on Friday, September 19th. Susquehanna lifted their price target on shares of Intel from $31.00 to $35.00 and gave the company a "neutral" rating in a research note on Friday, October 24th. Cowen reissued a "hold" rating on shares of Intel in a research report on Friday, October 24th. Wells Fargo & Company boosted their price objective on shares of Intel from $30.00 to $45.00 and gave the company an "equal weight" rating in a research report on Friday, October 24th. Finally, TD Cowen upped their target price on shares of Intel from $35.00 to $38.00 and gave the stock a "hold" rating in a research note on Friday, October 24th. Two investment analysts have rated the stock with a Buy rating, twenty-four have issued a Hold rating and eight have assigned a Sell rating to the stock. According to MarketBeat, the stock currently has an average rating of "Reduce" and an average price target of $34.84.

Intel Trading Down 4.3%

Shares of NASDAQ:INTC opened at $37.81 on Friday. The company's 50-day moving average price is $38.07 and its two-hundred day moving average price is $28.72. Intel Corporation has a one year low of $17.67 and a one year high of $44.02. The company has a debt-to-equity ratio of 0.38, a current ratio of 1.60 and a quick ratio of 1.25. The stock has a market capitalization of $180.62 billion, a PE ratio of 3,784.78 and a beta of 1.34.

Intel (NASDAQ:INTC - Get Free Report) last released its earnings results on Thursday, October 23rd. The chip maker reported $0.23 earnings per share (EPS) for the quarter. Intel had a negative return on equity of 0.75% and a net margin of 0.37%.The business had revenue of $13.65 billion for the quarter, compared to the consensus estimate of $13.10 billion. During the same quarter in the previous year, the business earned ($0.46) earnings per share. Intel's quarterly revenue was up 3.0% on a year-over-year basis. Intel has set its Q4 2025 guidance at 0.080-0.080 EPS. On average, equities 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.

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