Intel Corporation $INTC Shares Bought by Guggenheim Capital LLC

Key Points

• Guggenheim Capital LLC raised its stake in Intel (NASDAQ:INTC) by 24.3% in Q2, buying 243,679 shares to hold 1,247,929 shares valued at about $27.95 million.
• Multiple large institutions also made sizable moves—Norges Bank, Nuveen, Kingstone and Price T. Rowe among them added significant Intel positions—bringing institutional ownership to 64.53%.
• Shares trade near a 52-week high (~$43.76) after a quarter that beat revenue expectations ($13.65B) but showed thin profitability, while analysts raised targets yet the consensus rating remains a "Reduce" with an average price target of $34.84.

Guggenheim Capital LLC lifted its holdings in Intel Corporation (NASDAQ:INTC - Free Report) by 24.3% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,247,929 shares of the chip maker's stock after purchasing an additional 243,679 shares during the period. Guggenheim Capital LLC's holdings in Intel were worth $27,954,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in INTC. Norges Bank acquired a new position in Intel in the second quarter worth approximately $1,579,378,000. Nuveen LLC acquired a new stake in shares of Intel during the 1st quarter valued at $538,430,000. Kingstone Capital Partners Texas LLC bought a new stake in shares of Intel during the 2nd quarter worth $345,245,000. Price T Rowe Associates Inc. MD grew its holdings in shares of Intel by 99.8% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 29,829,385 shares of the chip maker's stock worth $677,426,000 after acquiring an additional 14,901,457 shares during the last quarter. Finally, Goldman Sachs Group Inc. raised its position in shares of Intel by 133.3% during the first quarter. Goldman Sachs Group Inc. now owns 18,758,658 shares of the chip maker's stock worth $426,009,000 after purchasing an additional 10,719,274 shares during the period. 64.53% of the stock is currently owned by institutional investors.

Intel Trading Up 0.7%

Shares of NASDAQ INTC opened at $43.76 on Thursday. The business has a 50 day simple moving average of $37.41 and a 200 day simple moving average of $27.82. Intel Corporation has a 52 week low of $17.67 and a 52 week high of $44.02. The stock has a market cap of $209.04 billion, a price-to-earnings ratio of 4,380.38 and a beta of 1.34. The company has a debt-to-equity ratio of 0.38, a quick ratio of 1.25 and a current ratio of 1.60.

Intel (NASDAQ:INTC - Get Free Report) last posted its earnings results on Thursday, October 23rd. The chip maker reported $0.23 earnings per share (EPS) for the quarter. The firm had revenue of $13.65 billion during the quarter, compared to analysts' expectations of $13.10 billion. Intel had a net margin of 0.37% and a negative return on equity of 0.75%. The company's revenue was up 3.0% compared to the same quarter last year. During the same period in the previous year, the company earned ($0.46) earnings per share. Intel has set its Q4 2025 guidance at 0.080-0.080 EPS. On average, research analysts predict that Intel Corporation will post -0.11 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of research firms recently weighed in on INTC. Evercore ISI increased their price target on Intel from $23.00 to $41.10 in a research report on Friday, October 24th. Mizuho upped their price objective on shares of Intel from $39.00 to $41.00 and gave the company a "neutral" rating in a research note on Friday, October 24th. Loop Capital raised their target price on shares of Intel from $25.00 to $40.00 and gave the stock a "hold" rating in a report on Friday, October 24th. Northland Securities boosted their price target on shares of Intel from $28.00 to $42.00 in a report on Friday, September 19th. Finally, Truist Financial upped their price target on shares of Intel from $21.00 to $39.00 and gave the company a "hold" rating in a research report on Friday, October 24th. Two analysts have rated the stock with a Buy rating, twenty-four have assigned a Hold rating and eight have given a Sell rating to the company. Based on data from MarketBeat, the company has a consensus rating of "Reduce" and an average price target of $34.84.

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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