Exencial Wealth Advisors LLC Trims Stake in Intel Corporation $INTC

Key Points

• Exencial Wealth Advisors LLC has significantly reduced its stake in Intel Corporation by 86.4%, selling 132,687 shares and now holding 20,863 shares valued at $467,000.
• Several institutional investors, including Cullen Frost Bankers Inc. and LGT Financial Advisors LLC, have increased their positions in Intel, demonstrating mixed sentiments among investors.
• Intel's recent quarterly earnings indicated a revenue of $13.65 billion, exceeding estimates, while the company foresaw a negative earnings per share outlook for the current fiscal year.

Exencial Wealth Advisors LLC cut its stake in Intel Corporation (NASDAQ:INTC - Free Report) by 86.4% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 20,863 shares of the chip maker's stock after selling 132,687 shares during the quarter. Exencial Wealth Advisors LLC's holdings in Intel were worth $467,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. Cullen Frost Bankers Inc. increased its holdings in shares of Intel by 5.5% during the 2nd quarter. Cullen Frost Bankers Inc. now owns 89,111 shares of the chip maker's stock valued at $1,996,000 after purchasing an additional 4,656 shares in the last quarter. Jackson Thornton Wealth Management LLC acquired a new stake in Intel during the second quarter valued at $310,000. LGT Financial Advisors LLC increased its holdings in Intel by 93.9% in the second quarter. LGT Financial Advisors LLC now owns 1,799 shares of the chip maker's stock valued at $40,000 after buying an additional 871 shares in the last quarter. Klingman & Associates LLC raised its position in shares of Intel by 8.5% in the second quarter. Klingman & Associates LLC now owns 25,698 shares of the chip maker's stock worth $576,000 after acquiring an additional 2,016 shares during the period. Finally, Drive Wealth Management LLC purchased a new stake in shares of Intel during the 2nd quarter worth about $203,000. Institutional investors and hedge funds own 64.53% of the company's stock.

Intel Trading Up 3.4%

Shares of INTC opened at $38.16 on Friday. Intel Corporation has a 52-week low of $17.67 and a 52-week high of $39.65. The stock has a market cap of $167.03 billion, a PE ratio of -8.00 and a beta of 1.33. The firm's fifty day moving average is $30.10 and its two-hundred day moving average is $24.19. The company has a quick ratio of 0.92, a current ratio of 1.24 and a debt-to-equity ratio of 0.42.

Intel (NASDAQ:INTC - Get Free Report) last posted its quarterly earnings results on Thursday, October 23rd. The chip maker reported $0.23 earnings per share for the quarter. The firm had revenue of $13.65 billion for the quarter, compared to the consensus estimate of $13.10 billion. Intel had a negative net margin of 38.64% and a negative return on equity of 3.78%. The company's revenue for the quarter was up 3.0% on a year-over-year basis. During the same period last year, the firm posted ($0.46) earnings per share. Intel has set its Q4 2025 guidance at 0.080-0.080 EPS. Research analysts forecast that Intel Corporation will post -0.11 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

INTC has been the subject of several recent analyst reports. DZ Bank restated a "sell" rating on shares of Intel in a research note on Friday, September 19th. Deutsche Bank Aktiengesellschaft boosted their price objective on Intel from $23.00 to $30.00 and gave the company a "hold" rating in a research report on Monday, September 29th. Barclays increased their target price on Intel from $19.00 to $25.00 and gave the company an "equal weight" rating in a research report on Friday, September 19th. Stifel Nicolaus boosted their price target on shares of Intel from $21.00 to $24.50 and gave the stock a "hold" rating in a report on Monday, July 21st. Finally, Weiss Ratings restated a "sell (d)" rating on shares of Intel in a research report on Wednesday, October 8th. 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 currently has an average rating of "Reduce" and an average target price of $29.26.

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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