Kera Capital Partners Inc. Raises Position in Intel Corporation $INTC

Key Points

• Kera Capital Partners Inc. increased its stake in Intel Corporation by 14.6%, owning 300,877 shares valued at approximately $6.74 million, making it the fund's 19th largest holding.
• Institutional investors now own about 64.53% of Intel's stock, with several funds, including Vanguard and Amundi, raising their stakes significantly in recent quarters.
• Intel's recent earnings report showed a loss of ($0.10) EPS for the quarter, missing expectations, while the company’s revenue rose by 0.5% year-over-year.

Kera Capital Partners Inc. boosted its position in Intel Corporation (NASDAQ:INTC - Free Report) by 14.6% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 300,877 shares of the chip maker's stock after acquiring an additional 38,420 shares during the quarter. Intel accounts for approximately 1.3% of Kera Capital Partners Inc.'s portfolio, making the stock its 19th largest holding. Kera Capital Partners Inc.'s holdings in Intel were worth $6,740,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in the company. Vanguard Group Inc. increased its stake in Intel by 2.2% in the first quarter. Vanguard Group Inc. now owns 377,390,437 shares of the chip maker's stock valued at $8,570,537,000 after acquiring an additional 8,291,233 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its stake in shares of Intel by 8.2% during the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 63,263,339 shares of the chip maker's stock valued at $1,268,430,000 after buying an additional 4,793,927 shares during the last quarter. Northern Trust Corp grew its stake in shares of Intel by 0.3% during the first quarter. Northern Trust Corp now owns 45,969,843 shares of the chip maker's stock valued at $1,043,975,000 after buying an additional 158,288 shares during the last quarter. Invesco Ltd. grew its stake in shares of Intel by 1.3% during the first quarter. Invesco Ltd. now owns 43,651,076 shares of the chip maker's stock valued at $991,316,000 after buying an additional 562,246 shares during the last quarter. Finally, Amundi grew its stake in shares of Intel by 22.0% during the first quarter. Amundi now owns 37,878,097 shares of the chip maker's stock valued at $849,606,000 after buying an additional 6,829,690 shares during the last quarter. Institutional investors own 64.53% of the company's stock.

Intel Stock Down 2.2%

NASDAQ INTC opened at $24.08 on Friday. 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 stock has a market capitalization of $105.40 billion, a PE ratio of -5.05 and a beta of 1.23. Intel Corporation has a 1 year low of $17.67 and a 1 year high of $27.55. The business's 50-day moving average is $22.92 and its 200 day moving average is $21.86.

Intel (NASDAQ:INTC - Get Free Report) last posted 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 business had revenue of $12.86 billion during 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%.The firm's revenue for the quarter was up .5% compared to the same quarter last year. During the same period in the previous year, the business earned $0.02 earnings per share. Intel has set its Q3 2025 guidance at 0.000-0.000 EPS. Sell-side analysts forecast that Intel Corporation will post -0.11 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of research analysts have recently issued reports on the company. Loop Capital assumed coverage on Intel in a research note on Monday, July 21st. They set a "hold" rating and a $25.00 price objective on the stock. Mizuho raised their price objective on Intel from $22.00 to $23.00 and gave the company a "neutral" rating in a research note on Thursday, July 3rd. Citigroup reaffirmed a "hold" rating on shares of Intel in a research note on Tuesday, July 8th. Rosenblatt Securities reaffirmed a "sell" rating and set a $14.00 price objective on shares of Intel in a research note on Friday, July 25th. Finally, Sanford C. Bernstein reaffirmed a "market perform" rating on shares of Intel in a research note on Tuesday, August 19th. One analyst has rated the stock with a Buy rating, twenty-two have given a Hold rating and five have issued a Sell rating to the stock. According to data from MarketBeat.com, Intel presently has a consensus 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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.