Bahl & Gaynor Inc. Sells 40,069 Shares of Intel Corporation $INTC

Key Points

• Bahl & Gaynor Inc. reduced its stake in Intel Corporation by 24.1%, selling 40,069 shares during the first quarter, leaving them with 125,857 shares valued at approximately $2.86 million.
• Institutional ownership of Intel stands at 64.53%, with significant changes in holdings from other investors, including Freestone Grove Partners LP and Toronto Dominion Bank, which increased its stake by 286.8%.
• Intel reported a loss of ($0.10) EPS in its latest quarter, missing estimates, despite revenue rising 0.5% year-over-year, and analysts maintain a consensus rating of "Reduce" with a price target of $22.17.

Bahl & Gaynor Inc. decreased its position in Intel Corporation (NASDAQ:INTC - Free Report) by 24.1% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 125,857 shares of the chip maker's stock after selling 40,069 shares during the period. Bahl & Gaynor Inc.'s holdings in Intel were worth $2,858,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of INTC. Nuveen LLC bought a new position in Intel in the 1st quarter worth about $538,430,000. Price T Rowe Associates Inc. MD boosted its stake in 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 purchasing an additional 14,901,457 shares in the last quarter. Two Sigma Advisers LP bought a new position in Intel in the 4th quarter worth about $289,752,000. Two Sigma Investments LP bought a new position in Intel in the 4th quarter worth about $237,457,000. Finally, Goldman Sachs Group Inc. boosted its stake in Intel by 133.3% in the 1st 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 in the last quarter. Institutional investors own 64.53% of the company's stock.

Wall Street Analyst Weigh In

A number of equities analysts have weighed in on the company. Wall Street Zen lowered Intel from a "hold" rating to a "sell" rating in a research report on Saturday, July 26th. Citigroup reissued a "hold" rating on shares of Intel in a research report on Tuesday, July 8th. Needham & Company LLC reissued a "hold" rating on shares of Intel in a research report on Friday, July 25th. Seaport Res Ptn raised Intel to a "strong sell" rating in a research report on Wednesday, April 30th. Finally, Stifel Nicolaus boosted their target price on Intel from $21.00 to $24.50 and gave the stock a "hold" rating in a research report on Monday, July 21st. One equities research analyst has rated the stock with a Buy rating, twenty-two have assigned a Hold rating and five have assigned a Sell rating to the company. According to data from MarketBeat, the stock has a consensus rating of "Reduce" and a consensus price target of $22.17.

Intel Stock Performance

Shares of NASDAQ INTC traded up $0.50 during midday trading on Wednesday, hitting $24.85. 86,767,767 shares of the company's stock traded hands, compared to its average volume of 99,400,961. Intel Corporation has a 1 year low of $17.67 and a 1 year high of $27.55. The stock has a market capitalization of $108.77 billion, a price-to-earnings ratio of -5.21 and a beta of 1.22. The company has a debt-to-equity ratio of 0.42, a quick ratio of 0.92 and a current ratio of 1.24. The firm has a fifty day moving average of $22.29 and a 200 day moving average of $21.79.

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 analysts' consensus estimates of $0.01 by ($0.11). The company had revenue of $12.86 billion for the quarter, compared to the consensus estimate of $11.88 billion. Intel had a negative net margin of 38.64% and a negative return on equity of 3.78%. The company's revenue was up .5% compared to the same quarter last year. During the same quarter last year, the firm posted $0.02 earnings per share. Intel has set its Q3 2025 guidance at 0.000-0.000 EPS. On average, analysts forecast that Intel Corporation will post -0.11 earnings per share for the current year.

Intel Company 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.