Intel Corporation $INTC Shares Acquired by Modern Wealth Management LLC

Modern Wealth Management LLC raised its stake in shares of Intel Corporation (NASDAQ:INTC - Free Report) by 61.3% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 65,173 shares of the chip maker's stock after acquiring an additional 24,758 shares during the period. Modern Wealth Management LLC's holdings in Intel were worth $1,480,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. N.E.W. Advisory Services LLC acquired a new stake in shares of Intel during the first quarter valued at about $25,000. HFM Investment Advisors LLC acquired a new stake in shares of Intel during the first quarter valued at about $25,000. Vermillion Wealth Management Inc. acquired a new stake in shares of Intel during the fourth quarter valued at about $27,000. MJT & Associates Financial Advisory Group Inc. acquired a new stake in shares of Intel during the first quarter valued at about $27,000. Finally, LFA Lugano Financial Advisors SA acquired a new position in shares of Intel in the first quarter valued at approximately $30,000. 64.53% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

INTC has been the subject of a number of research reports. Rosenblatt Securities restated a "sell" rating and issued a $14.00 price objective on shares of Intel in a report on Friday, July 25th. Stifel Nicolaus lifted their price objective on shares of Intel from $21.00 to $24.50 and gave the company a "hold" rating in a report on Monday, July 21st. Loop Capital initiated coverage on shares of Intel in a report on Monday, July 21st. They issued a "hold" rating and a $25.00 price objective for the company. UBS Group lifted their price objective on shares of Intel from $21.00 to $25.00 and gave the company a "neutral" rating in a report on Monday, July 14th. Finally, Deutsche Bank Aktiengesellschaft initiated coverage on shares of Intel in a report on Wednesday, May 21st. They issued a "hold" rating and a $23.00 price objective for the company. One analyst has rated the stock with a Buy rating, twenty-two have assigned a Hold rating and five have given a Sell rating to the company's stock. According to MarketBeat, the stock has an average rating of "Reduce" and a consensus target price of $22.17.

Intel Trading Down 2.2%

NASDAQ:INTC opened at $24.08 on Friday. The stock has a 50-day simple moving average of $22.92 and a 200-day simple moving average of $21.85. The stock has a market cap of $105.40 billion, a P/E ratio of -5.05 and a beta of 1.23. Intel Corporation has a 1 year low of $17.67 and a 1 year high of $27.55. 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 (NASDAQ:INTC - Get Free Report) last released 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 business had revenue of $12.86 billion for the quarter, compared to analyst estimates of $11.88 billion. Intel had a negative return on equity of 3.78% and a negative net margin of 38.64%.The company's revenue was up .5% compared to the same quarter last year. During the same period in the prior year, the company posted $0.02 earnings per share. Intel has set its Q3 2025 guidance at 0.000-0.000 EPS. As a group, analysts anticipate that Intel Corporation will post -0.11 earnings per share for the current fiscal year.

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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