Intel Corporation $INTC Shares Purchased by Canada Post Corp Registered Pension Plan

Key Points

• Canada Post Corp Registered Pension Plan increased its stake in Intel Corporation by 144.8% in the first quarter, now owning 154,783 shares valued at approximately $3.5 million.
• Intel's latest earnings report showed a net margin of -38.64% and a loss of $0.10 per share, missing analyst expectations, despite revenue growth of 0.5% year-over-year.
• Brokerage firms have set new price targets for Intel, with estimates ranging from $14.00 to $25.00, reflecting a consensus rating of "Reduce" from analysts.

Canada Post Corp Registered Pension Plan lifted its stake in Intel Corporation (NASDAQ:INTC - Free Report) by 144.8% during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 154,783 shares of the chip maker's stock after purchasing an additional 91,544 shares during the quarter. Intel comprises approximately 1.6% of Canada Post Corp Registered Pension Plan's holdings, making the stock its 13th largest position. Canada Post Corp Registered Pension Plan's holdings in Intel were worth $3,515,000 as of its most recent SEC filing.

Other hedge funds have also recently made changes to their positions in the company. Algert Global LLC purchased a new stake in Intel in the 4th quarter worth $353,000. CoreCap Advisors LLC lifted its holdings in shares of Intel by 2.6% in the 4th quarter. CoreCap Advisors LLC now owns 21,741 shares of the chip maker's stock valued at $436,000 after acquiring an additional 558 shares during the last quarter. Gotham Asset Management LLC lifted its holdings in shares of Intel by 25.3% in the 4th quarter. Gotham Asset Management LLC now owns 289,341 shares of the chip maker's stock valued at $5,801,000 after acquiring an additional 58,360 shares during the last quarter. Investor s Fiduciary Advisor Network LLC bought a new position in shares of Intel in the 4th quarter valued at about $438,000. Finally, Invenomic Capital Management LP lifted its holdings in shares of Intel by 79.7% in the 4th quarter. Invenomic Capital Management LP now owns 413,151 shares of the chip maker's stock valued at $8,284,000 after acquiring an additional 183,216 shares during the last quarter. 64.53% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several analysts have issued reports on the stock. Citigroup reissued a "hold" rating on shares of Intel in a research note on Tuesday, July 8th. Needham & Company LLC reaffirmed a "hold" rating on shares of Intel in a research report on Friday, July 25th. Stifel Nicolaus boosted 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. JPMorgan Chase & Co. upped their price target on shares of Intel from $20.00 to $21.00 and gave the company an "underweight" rating in a report on Friday, July 25th. Finally, Sanford C. Bernstein reaffirmed a "market perform" rating on shares of Intel in a report on Tuesday, August 19th. One investment analyst has rated the stock with a Buy rating, twenty-two have given a Hold rating and five have given a Sell rating to the company. Based on data from MarketBeat, Intel currently has a consensus rating of "Reduce" and an average price target of $22.17.

Intel Price Performance

Shares of INTC traded down $0.49 during mid-day trading on Friday, hitting $24.13. 33,564,511 shares of the company were exchanged, compared to its average volume of 96,600,273. The stock has a market cap of $105.60 billion, a price-to-earnings ratio of -5.07 and a beta of 1.23. 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 1-year low of $17.67 and a 1-year high of $27.55. The company has a 50 day moving average of $22.88 and a 200-day moving average of $21.85.

Intel (NASDAQ:INTC - Get Free Report) last released its quarterly earnings data on Thursday, July 24th. The chip maker reported ($0.10) 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 analyst estimates of $11.88 billion. During the same quarter in the previous year, the company posted $0.02 EPS. The firm's revenue was up .5% on a year-over-year basis. Intel has set its Q3 2025 guidance at 0.000-0.000 EPS. Analysts expect that Intel Corporation will post -0.11 EPS 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.