Federation des caisses Desjardins du Quebec Acquires 15,598 Shares of Intel Corporation $INTC

Key Points

• The Federation des caisses Desjardins du Quebec increased its stake in Intel Corporation by 4.4%, acquiring an additional 15,598 shares, bringing its total holdings to 372,789 shares valued at approximately $8.47 million.
• Intel recently reported a loss of ($0.10) earnings per share, falling short of analyst expectations, despite a year-over-year revenue increase of 0.5% to $12.86 billion.
• Wall Street analysts' consensus rating on Intel is currently "Reduce," with target prices ranging from $14.00 to $25.00, highlighting a divided outlook among investors.

Federation des caisses Desjardins du Quebec lifted its position in Intel Corporation (NASDAQ:INTC - Free Report) by 4.4% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 372,789 shares of the chip maker's stock after buying an additional 15,598 shares during the quarter. Federation des caisses Desjardins du Quebec's holdings in Intel were worth $8,466,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Southpoint Capital Advisors LP bought a new position in shares of Intel in the first quarter valued at $62,452,000. PDT Partners LLC lifted its holdings in Intel by 47.8% during the 1st quarter. PDT Partners LLC now owns 331,447 shares of the chip maker's stock valued at $7,527,000 after purchasing an additional 107,247 shares during the last quarter. Focus Partners Advisor Solutions LLC lifted its holdings in Intel by 36.0% during the 1st quarter. Focus Partners Advisor Solutions LLC now owns 70,796 shares of the chip maker's stock valued at $1,608,000 after purchasing an additional 18,726 shares during the last quarter. Harris Associates L P acquired a new stake in Intel during the 1st quarter valued at $662,000. Finally, Graham Capital Management L.P. acquired a new stake in Intel during the 1st quarter valued at $4,670,000. 64.53% of the stock is owned by institutional investors.

Intel Stock Down 0.9%

Shares of NASDAQ INTC opened at $24.00 on Thursday. The company has a debt-to-equity ratio of 0.42, a quick ratio of 0.92 and a current ratio of 1.24. Intel Corporation has a 52 week low of $17.67 and a 52 week high of $27.55. The stock has a market capitalization of $105.05 billion, a P/E ratio of -5.03 and a beta of 1.23. The stock's fifty day moving average is $22.63 and its 200 day moving average is $21.88.

Intel (NASDAQ:INTC - Get Free Report) last released its earnings results on Thursday, July 24th. The chip maker reported ($0.10) earnings per share (EPS) for the quarter, missing analysts' consensus estimates 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 during the quarter, compared to the consensus estimate of $11.88 billion. During the same quarter in the prior year, the firm earned $0.02 EPS. The business's revenue was up .5% on a year-over-year basis. Intel has set its Q3 2025 guidance at 0.000-0.000 EPS. Sell-side analysts forecast that Intel Corporation will post -0.11 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several equities research analysts have issued reports on INTC shares. Rosenblatt Securities reaffirmed a "sell" rating and set a $14.00 price target on shares of Intel in a report on Friday, July 25th. UBS Group lifted their target price on Intel from $21.00 to $25.00 and gave the stock a "neutral" rating in a report on Monday, July 14th. JPMorgan Chase & Co. lifted their target price on Intel from $20.00 to $21.00 and gave the stock an "underweight" rating in a report on Friday, July 25th. Citigroup reissued a "hold" rating on shares of Intel in a report on Tuesday, July 8th. Finally, Benchmark reissued a "hold" rating on shares of Intel in a report on Friday, July 25th. One equities research analyst has rated the stock with a Buy rating, twenty-two have given a Hold rating and five have issued a Sell rating to the company's stock. Based on data from MarketBeat, Intel presently has a consensus rating of "Reduce" and a consensus price target of $22.17.

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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