IFM Investors Pty Ltd Raises Stock Holdings in Intel Corporation $INTC

Key Points

• IFM Investors Pty Ltd increased its stake in Intel Corporation by 6.5%, acquiring a total of 855,402 shares worth approximately $19.16 million.
• Despite reporting a loss of ($0.10) earnings per share, Intel's revenue for the quarter rose to $12.86 billion, surpassing analyst expectations.
• Intel stock has seen a significant gain of 22.8%, with a current trading price of $30.57, reflecting a recovery after reaching a 52-week low of $17.67.

IFM Investors Pty Ltd lifted its stake in Intel Corporation (NASDAQ:INTC - Free Report) by 6.5% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 855,402 shares of the chip maker's stock after buying an additional 52,311 shares during the period. IFM Investors Pty Ltd's holdings in Intel were worth $19,161,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in INTC. HFM Investment Advisors LLC acquired a new stake in Intel during the 1st quarter worth about $25,000. N.E.W. Advisory Services LLC bought a new position in Intel in the 1st quarter valued at $25,000. MJT & Associates Financial Advisory Group Inc. bought a new stake in shares of Intel during the 1st quarter worth $27,000. LFA Lugano Financial Advisors SA bought a new position in shares of Intel during the first quarter valued at about $30,000. Finally, Vermillion Wealth Management Inc. bought a new position in Intel in the fourth quarter worth about $27,000. 64.53% of the stock is currently owned by institutional investors.

Intel Stock Down 3.2%

INTC stock traded down $0.99 during midday trading on Friday, hitting $29.58. The company's stock had a trading volume of 224,890,676 shares, compared to its average volume of 93,261,976. Intel Corporation has a 52-week low of $17.67 and a 52-week high of $32.38. The company has a quick ratio of 0.92, a current ratio of 1.24 and a debt-to-equity ratio of 0.42. The firm has a 50-day simple moving average of $23.29 and a 200-day simple moving average of $22.01. The firm has a market capitalization of $129.47 billion, a P/E ratio of -6.20 and a beta of 1.23.

Intel (NASDAQ:INTC - Get Free Report) last announced its quarterly earnings data on Thursday, July 24th. The chip maker reported ($0.10) earnings per share (EPS) 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% on a year-over-year basis. During the same period in the previous year, the company posted $0.02 EPS. Intel has set its Q3 2025 guidance at 0.000-0.000 EPS. As a group, equities analysts forecast that Intel Corporation will post -0.11 EPS for the current year.

Analyst Upgrades and Downgrades

Several research analysts have weighed in on INTC shares. Citigroup reiterated a "sell" rating and issued a $29.00 price target (up from $24.00) on shares of Intel in a research report on Friday. Needham & Company LLC reissued a "hold" rating on shares of Intel in a research note on Friday, July 25th. Loop Capital began coverage on shares of Intel in a research note on Monday, July 21st. They issued a "hold" rating and a $25.00 target price for the company. UBS Group raised their price target on Intel from $25.00 to $35.00 and gave the company a "neutral" rating in a report on Friday. Finally, Wall Street Zen upgraded Intel from a "sell" rating to a "hold" rating in a report on Saturday, September 13th. Two equities research analysts have rated the stock with a Buy rating, twenty-two have assigned a Hold rating and six have given a Sell rating to the company. According to MarketBeat, Intel presently has an average rating of "Reduce" and an average price target of $24.27.

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.