Intel Corporation $INTC Shares Bought by Norinchukin Bank The

Key Points

• Norinchukin Bank increased its holdings in Intel Corporation by 44.8%, acquiring an additional 101,929 shares, bringing its total to 329,410 shares worth approximately $7.48 million.
• Intel's latest earnings report showed a loss of ($0.10) EPS, missing expectations, despite a revenue increase to $12.86 billion.
• Analysts maintain a generally cautious outlook on Intel, with a consensus rating of "Reduce" and an average price target of $22.17.

Norinchukin Bank The boosted its position in shares of Intel Corporation (NASDAQ:INTC - Free Report) by 44.8% in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 329,410 shares of the chip maker's stock after acquiring an additional 101,929 shares during the period. Norinchukin Bank The's holdings in Intel were worth $7,481,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of the stock. Channing Capital Management LLC lifted its position in shares of Intel by 1.4% during the 1st quarter. Channing Capital Management LLC now owns 427,850 shares of the chip maker's stock worth $9,716,000 after buying an additional 5,997 shares during the last quarter. CW Advisors LLC lifted its position in shares of Intel by 5.9% during the 1st quarter. CW Advisors LLC now owns 371,241 shares of the chip maker's stock worth $8,446,000 after buying an additional 20,529 shares during the last quarter. Summit Financial LLC lifted its position in shares of Intel by 4.3% during the 1st quarter. Summit Financial LLC now owns 55,188 shares of the chip maker's stock worth $1,253,000 after buying an additional 2,286 shares during the last quarter. Brown Shipley& Co Ltd lifted its position in shares of Intel by 6.5% during the 1st quarter. Brown Shipley& Co Ltd now owns 51,167 shares of the chip maker's stock worth $1,162,000 after buying an additional 3,130 shares during the last quarter. Finally, Price T Rowe Associates Inc. MD lifted its position in shares of Intel by 99.8% during 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 buying an additional 14,901,457 shares during the last quarter. Hedge funds and other institutional investors own 64.53% of the company's stock.

Intel Stock Performance

NASDAQ:INTC opened at $23.54 on Thursday. The firm's fifty day moving average price is $22.00 and its 200 day moving average price is $21.63. 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 current ratio of 1.24 and a quick ratio of 0.92. The firm has a market cap of $103.03 billion, a price-to-earnings ratio of -4.94 and a beta of 1.22.

Intel (NASDAQ:INTC - Get Free Report) last released its earnings results 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 period last year, the business posted $0.02 EPS. Intel's revenue was up .5% compared to the same quarter last year. Intel has set its Q3 2025 guidance at 0.000-0.000 EPS. On average, sell-side analysts expect that Intel Corporation will post -0.11 EPS for the current year.

Analyst Ratings Changes

Several analysts have recently weighed in on INTC shares. Citigroup restated a "hold" rating on shares of Intel in a research report on Tuesday, July 8th. Benchmark reaffirmed a "hold" rating on shares of Intel in a report on Friday, July 25th. UBS Group lifted their target price on shares of Intel from $21.00 to $25.00 and gave the company a "neutral" rating in a report on Monday, July 14th. Deutsche Bank Aktiengesellschaft assumed coverage on shares of Intel in a report on Wednesday, May 21st. They issued a "hold" rating and a $23.00 target price on the stock. Finally, Rosenblatt Securities reaffirmed a "sell" rating and issued a $14.00 target price on shares of Intel in a report on Friday, July 25th. One analyst has rated the stock with a Buy rating, twenty-three have given a Hold rating and five have assigned a Sell rating to the company's stock. Based on data from MarketBeat, the company currently has an average rating of "Reduce" and a consensus price target of $22.17.

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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