Jacobs Levy Equity Management Inc. Has $71.55 Million Stock Holdings in Intel Corporation $INTC

Key Points

• Jacobs Levy Equity Management Inc. decreased its position in Intel Corporation by 66.5% in the first quarter, holding 3,150,515 shares worth approximately $71.55 million.
• Intel reported a negative EPS of ($0.10) for the last quarter, missing analysts' estimates and showing a year-over-year revenue increase of 0.5% to $12.86 billion.
• Analysts have mostly issued "hold" ratings for Intel's stock, with a current average target price of $22.17 and various price objectives set by different firms ranging from $20.00 to $25.00.

Jacobs Levy Equity Management Inc. decreased its position in Intel Corporation (NASDAQ:INTC - Free Report) by 66.5% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 3,150,515 shares of the chip maker's stock after selling 6,258,912 shares during the quarter. Jacobs Levy Equity Management Inc. owned about 0.07% of Intel worth $71,548,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. Nuveen LLC acquired a new stake in shares of Intel in the 1st quarter valued at $538,430,000. Price T Rowe Associates Inc. MD boosted its stake in Intel by 99.8% in the first quarter. Price T Rowe Associates Inc. MD now owns 29,829,385 shares of the chip maker's stock valued at $677,426,000 after buying an additional 14,901,457 shares in the last quarter. Two Sigma Advisers LP acquired a new stake in Intel in the fourth quarter valued at about $289,752,000. Two Sigma Investments LP acquired a new stake in Intel in the fourth quarter valued at about $237,457,000. Finally, Goldman Sachs Group Inc. boosted its stake in shares of Intel by 133.3% in the 1st quarter. Goldman Sachs Group Inc. now owns 18,758,658 shares of the chip maker's stock valued at $426,009,000 after purchasing an additional 10,719,274 shares in the last quarter. 64.53% of the stock is currently owned by institutional investors and hedge funds.

Intel Trading Down 0.5%

Shares of NASDAQ INTC traded down $0.12 during midday trading on Friday, reaching $24.49. The stock had a trading volume of 55,699,848 shares, compared to its average volume of 127,681,256. The firm has a market cap of $107.19 billion, a price-to-earnings ratio of -5.13 and a beta of 1.23. Intel Corporation has a twelve month low of $17.67 and a twelve month high of $27.55. 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 company's 50 day moving average price is $22.71 and its 200 day moving average price is $21.84.

Intel (NASDAQ:INTC - Get Free Report) last released its earnings results on Thursday, July 24th. The chip maker reported ($0.10) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.01 by ($0.11). The firm had revenue of $12.86 billion during the quarter, compared to analyst estimates of $11.88 billion. Intel had a negative net margin of 38.64% and a negative return on equity of 3.78%. Intel's quarterly revenue was up .5% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.02 EPS. Intel has set its Q3 2025 guidance at 0.000-0.000 EPS. As a group, sell-side analysts expect that Intel Corporation will post -0.11 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of research firms have recently weighed in on INTC. Wall Street Zen downgraded shares of Intel from a "hold" rating to a "sell" rating in a research note on Saturday, July 26th. Benchmark restated a "hold" rating on shares of Intel in a research report on Friday, July 25th. Rosenblatt Securities reissued a "sell" rating and set a $14.00 price objective on shares of Intel in a report on Friday, July 25th. Sanford C. Bernstein reissued a "market perform" rating on shares of Intel in a report on Tuesday, August 19th. Finally, UBS Group lifted their price target on Intel from $21.00 to $25.00 and gave the company a "neutral" rating in a research note on Monday, July 14th. One equities research 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 stock. Based on data from MarketBeat, the company currently has an average rating of "Reduce" and an average target price of $22.17.

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.