Mn Services Vermogensbeheer B.V. Has $36.52 Million Holdings in Intel Corporation $INTC

Key Points

• Mn Services Vermogensbeheer B.V. increased its stake in Intel Corporation by 4.3%, owning over 1.6 million shares valued at approximately $36.5 million.
• Intel reported a loss of ($0.10) earnings per share for the latest quarter, missing analyst expectations of $0.01.
• Institutional investors now hold 64.53% of Intel's stock, indicating significant institutional confidence in the company.

Mn Services Vermogensbeheer B.V. increased its position in Intel Corporation (NASDAQ:INTC - Free Report) by 4.3% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,630,200 shares of the chip maker's stock after acquiring an additional 67,900 shares during the period. Mn Services Vermogensbeheer B.V.'s holdings in Intel were worth $36,516,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also recently modified their holdings of INTC. N.E.W. Advisory Services LLC purchased a new position in Intel during the 1st quarter worth approximately $25,000. HFM Investment Advisors LLC purchased a new position in Intel in the first quarter valued at $25,000. Vermillion Wealth Management Inc. purchased a new position in shares of Intel in the 4th quarter valued at about $27,000. MJT & Associates Financial Advisory Group Inc. purchased a new stake in shares of Intel in the first quarter valued at approximately $27,000. Finally, LFA Lugano Financial Advisors SA purchased a new stake in shares of Intel during the first quarter worth about $30,000. 64.53% of the stock is currently owned by hedge funds and other institutional investors.

Intel Price Performance

Shares of INTC stock traded down $0.99 during midday trading on Friday, reaching $29.58. 224,890,676 shares of the company were exchanged, compared to its average volume of 93,261,976. Intel Corporation has a 12 month low of $17.67 and a 12 month high of $32.38. The company has a market cap of $129.47 billion, a P/E ratio of -6.20 and a beta of 1.23. The company's 50 day moving average price is $23.29 and its two-hundred day moving average price is $22.00. 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 announced its earnings results on Thursday, July 24th. The chip maker reported ($0.10) EPS for the quarter, missing the consensus estimate of $0.01 by ($0.11). The firm had revenue of $12.86 billion for the quarter, compared to the consensus estimate of $11.88 billion. Intel had a negative return on equity of 3.78% and a negative net margin of 38.64%.Intel's revenue for the quarter was up .5% on a year-over-year basis. During the same period in the previous year, the firm earned $0.02 EPS. 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 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of equities research analysts have recently issued reports on the stock. Barclays upped their target price on shares of Intel from $19.00 to $25.00 and gave the stock an "equal weight" rating in a report on Friday. Mizuho lifted their price objective on shares of Intel from $22.00 to $23.00 and gave the stock a "neutral" rating in a research report on Thursday, July 3rd. DZ Bank reissued a "sell" rating on shares of Intel in a report on Friday. JPMorgan Chase & Co. reaffirmed a "sell" rating and set a $21.00 price objective on shares of Intel in a research note on Friday. Finally, New Street Research increased their target price on Intel from $21.00 to $23.00 and gave the stock a "neutral" rating in a research note on Wednesday, September 10th. Two equities research analysts have rated the stock with a Buy rating, twenty-two have given a Hold rating and six have assigned a Sell rating to the company. According to data from MarketBeat.com, Intel presently has an average rating of "Reduce" and a consensus target price of $24.27.

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.