IFP Advisors Inc Boosts Stock Holdings in Intel Corporation $INTC

IFP Advisors Inc raised its holdings in shares of Intel Corporation (NASDAQ:INTC - Free Report) by 13.1% during the second quarter, according to its most recent filing with the SEC. The firm owned 167,061 shares of the chip maker's stock after purchasing an additional 19,306 shares during the period. IFP Advisors Inc's holdings in Intel were worth $3,742,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Harbor Capital Advisors Inc. grew its position in shares of Intel by 36.3% in the 1st quarter. Harbor Capital Advisors Inc. now owns 75,627 shares of the chip maker's stock worth $1,717,000 after buying an additional 20,152 shares during the last quarter. Wealthcare Advisory Partners LLC grew its position in shares of Intel by 56.7% in the 1st quarter. Wealthcare Advisory Partners LLC now owns 58,354 shares of the chip maker's stock worth $1,325,000 after buying an additional 21,105 shares during the last quarter. CX Institutional grew its position in shares of Intel by 149.3% in the 1st quarter. CX Institutional now owns 19,045 shares of the chip maker's stock worth $433,000 after buying an additional 11,405 shares during the last quarter. Focus Financial Network Inc. grew its position in shares of Intel by 28.4% in the 1st quarter. Focus Financial Network Inc. now owns 14,326 shares of the chip maker's stock worth $325,000 after buying an additional 3,165 shares during the last quarter. Finally, Capital Advisors Ltd. LLC grew its position in shares of Intel by 42.5% in the 1st quarter. Capital Advisors Ltd. LLC now owns 5,972 shares of the chip maker's stock worth $136,000 after buying an additional 1,781 shares during the last quarter. Hedge funds and other institutional investors own 64.53% of the company's stock.

Intel Stock Performance

Shares of NASDAQ INTC opened at $36.44 on Friday. The company has a current ratio of 1.24, a quick ratio of 0.92 and a debt-to-equity ratio of 0.42. Intel Corporation has a 12 month low of $17.67 and a 12 month high of $39.65. The company has a 50 day simple moving average of $27.17 and a two-hundred day simple moving average of $23.24. The stock has a market cap of $159.49 billion, a price-to-earnings ratio of -7.64 and a beta of 1.33.

Intel (NASDAQ:INTC - Get Free Report) last announced its quarterly earnings data on Thursday, July 24th. The chip maker reported ($0.10) EPS for the quarter, missing the consensus estimate 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 for the quarter, compared to analyst estimates of $11.88 billion. During the same quarter in the previous year, the firm posted $0.02 earnings per share. 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. As a group, analysts predict that Intel Corporation will post -0.11 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of brokerages have recently issued reports on INTC. Stifel Nicolaus lifted their price objective on shares of Intel from $21.00 to $24.50 and gave the stock a "hold" rating in a research report on Monday, July 21st. Seaport Res Ptn raised shares of Intel from a "strong sell" rating to a "hold" rating in a research report on Wednesday, September 24th. HSBC reaffirmed a "reduce" rating and issued a $24.00 price objective (up previously from $21.25) on shares of Intel in a research report on Tuesday. Cantor Fitzgerald lifted their target price on shares of Intel from $26.00 to $36.00 and gave the stock a "neutral" rating in a research note on Friday, September 19th. Finally, Weiss Ratings reiterated a "sell (d)" rating on shares of Intel in a research note on Wednesday. Two research analysts have rated the stock with a Buy rating, twenty-three have given a Hold rating and seven have assigned a Sell rating to the company. Based on data from MarketBeat, the stock has a consensus rating of "Reduce" and a consensus price target of $26.63.

Intel 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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