Korea Investment CORP Has $59.80 Million Stock Position in Intel Corporation $INTC

Key Points

Error: Response status code does not indicate success: 429 (Too Many Requests).

Korea Investment CORP lessened its holdings in shares of Intel Corporation (NASDAQ:INTC - Free Report) by 7.8% in the first quarter, according to its most recent filing with the SEC. The firm owned 2,633,379 shares of the chip maker's stock after selling 223,748 shares during the quarter. Korea Investment CORP owned about 0.06% of Intel worth $59,804,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of INTC. XTX Topco Ltd acquired a new stake in shares of Intel in the fourth quarter valued at $490,000. Capital International Inc. CA lifted its holdings in shares of Intel by 36.8% in the fourth quarter. Capital International Inc. CA now owns 155,345 shares of the chip maker's stock valued at $3,115,000 after buying an additional 41,780 shares during the period. TD Waterhouse Canada Inc. lifted its holdings in shares of Intel by 64.2% in the fourth quarter. TD Waterhouse Canada Inc. now owns 206,349 shares of the chip maker's stock valued at $4,139,000 after buying an additional 80,681 shares during the period. J. Safra Sarasin Holding AG lifted its holdings in shares of Intel by 38.7% in the fourth quarter. J. Safra Sarasin Holding AG now owns 362,843 shares of the chip maker's stock valued at $7,275,000 after buying an additional 101,197 shares during the period. Finally, SIH Partners LLLP acquired a new stake in shares of Intel in the fourth quarter valued at $1,653,000. Institutional investors and hedge funds own 64.53% of the company's stock.

Analysts Set New Price Targets

INTC has been the subject of several research analyst reports. Wells Fargo & Company cut their price objective on Intel from $25.00 to $22.00 and set an "equal weight" rating for the company in a report on Friday, April 25th. Mizuho boosted their target price on Intel from $22.00 to $23.00 and gave the stock a "neutral" rating in a research report on Thursday, July 3rd. Loop Capital initiated coverage on Intel in a research report on Monday, July 21st. They set a "hold" rating and a $25.00 target price on the stock. Wall Street Zen lowered Intel from a "hold" rating to a "sell" rating in a research report on Saturday, July 26th. Finally, Sanford C. Bernstein reaffirmed a "market perform" rating on shares of Intel in a research report on Tuesday. One equities research 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 stock. Based on data from MarketBeat, the stock presently has an average rating of "Reduce" and an average target price of $22.17.

Intel Stock Up 5.5%

NASDAQ:INTC traded up $1.30 during trading hours on Friday, hitting $24.80. 196,468,412 shares of the company's stock traded hands, compared to its average volume of 139,018,528. The firm has a market cap of $108.55 billion, a P/E ratio of -5.20 and a beta of 1.22. 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 stock's fifty day moving average price is $22.15 and its two-hundred day moving average price is $21.72.

Intel (NASDAQ:INTC - Get Free Report) last posted its quarterly earnings results on Thursday, July 24th. The chip maker reported ($0.10) earnings per share for the quarter, missing the consensus estimate of $0.01 by ($0.11). The business had revenue of $12.86 billion for 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%. The firm's quarterly revenue was up .5% on a year-over-year basis. During the same period in the previous year, the firm posted $0.02 earnings per share. Intel has set its Q3 2025 guidance at 0.000-0.000 EPS. On average, research analysts expect that Intel Corporation will post -0.11 earnings per share for the current fiscal year.

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.