EP Wealth Advisors LLC Trims Stock Position in Intel Corporation $INTC

EP Wealth Advisors LLC lowered its holdings in shares of Intel Corporation (NASDAQ:INTC - Free Report) by 11.6% in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 82,075 shares of the chip maker's stock after selling 10,770 shares during the quarter. EP Wealth Advisors LLC's holdings in Intel were worth $1,864,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. N.E.W. Advisory Services LLC purchased a new stake in shares of Intel during the 1st quarter valued at about $25,000. Vermillion Wealth Management Inc. purchased a new position in shares of Intel during the 4th quarter valued at about $27,000. MJT & Associates Financial Advisory Group Inc. purchased a new position in shares of Intel during the 1st quarter valued at about $27,000. LFA Lugano Financial Advisors SA purchased a new position in Intel during the first quarter valued at approximately $30,000. Finally, Olde Wealth Management LLC purchased a new position in Intel during the first quarter valued at approximately $31,000. Hedge funds and other institutional investors own 64.53% of the company's stock.

Analyst Upgrades and Downgrades

Several equities analysts have weighed in on INTC shares. Wall Street Zen downgraded shares of Intel from a "hold" rating to a "sell" rating in a report on Saturday, July 26th. JPMorgan Chase & Co. lifted their price target on shares of Intel from $20.00 to $21.00 and gave the company an "underweight" rating in a report on Friday, July 25th. Loop Capital initiated coverage on Intel in a research note on Monday, July 21st. They set a "hold" rating and a $25.00 target price on the stock. Benchmark reissued a "hold" rating on shares of Intel in a research note on Friday, July 25th. Finally, Deutsche Bank Aktiengesellschaft initiated coverage on Intel in a research note on Wednesday, May 21st. They set a "hold" rating and a $23.00 target price on the stock. One research analyst has rated the stock with a Buy rating, twenty-two have assigned a Hold rating and five have issued a Sell rating to the company's stock. According to data from MarketBeat, the company has an average rating of "Reduce" and a consensus target price of $22.17.

Intel Stock Performance

NASDAQ INTC opened at $24.61 on Friday. The stock has a market capitalization of $107.72 billion, a PE ratio of -5.16 and a beta of 1.23. The business has a 50 day simple moving average of $22.67 and a two-hundred day simple moving average of $21.89. 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 1-year low of $17.67 and a 1-year high of $27.55.

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 for the quarter, missing the consensus estimate of $0.01 by ($0.11). The firm had revenue of $12.86 billion for the quarter, compared to analysts' expectations of $11.88 billion. Intel had a negative net margin of 38.64% and a negative return on equity of 3.78%. The business's quarterly revenue was up .5% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.02 EPS. Intel has set its Q3 2025 guidance at 0.000-0.000 EPS. On average, research analysts predict 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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