Lockerman Financial Group Inc. Buys New Position in Intel Corporation $INTC

Key Points

• Lockerman Financial Group Inc. has acquired a new position in Intel Corporation, purchasing 10,600 shares valued at approximately $237,000 during the second quarter.
• Multiple hedge funds are increasing their stakes in Intel, with institutional investors now owning 64.53% of the company's stock.
• Intel's stock has experienced a recent price fluctuation, opening at $34.48, while its 1-year high is $36.30 and the 1-year low is $17.67.

Lockerman Financial Group Inc. acquired a new stake in Intel Corporation (NASDAQ:INTC - Free Report) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 10,600 shares of the chip maker's stock, valued at approximately $237,000.

A number of other hedge funds have also modified their holdings of INTC. Poinciana Advisors Group LLC purchased a new position in Intel during the second quarter worth approximately $231,000. Northwest Wealth Management LLC grew its stake in shares of Intel by 10.4% in the second quarter. Northwest Wealth Management LLC now owns 18,825 shares of the chip maker's stock valued at $422,000 after buying an additional 1,771 shares in the last quarter. Moss Adams Wealth Advisors LLC grew its stake in shares of Intel by 6.5% in the second quarter. Moss Adams Wealth Advisors LLC now owns 12,474 shares of the chip maker's stock valued at $279,000 after buying an additional 762 shares in the last quarter. GC Wealth Management RIA LLC acquired a new stake in shares of Intel in the second quarter valued at $700,000. Finally, Hanson & Doremus Investment Management grew its stake in Intel by 14.9% during the 2nd quarter. Hanson & Doremus Investment Management now owns 29,126 shares of the chip maker's stock worth $652,000 after purchasing an additional 3,781 shares in the last quarter. 64.53% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

INTC has been the subject of a number of recent analyst reports. Citigroup reaffirmed a "sell" rating and set a $29.00 price target (up from $24.00) on shares of Intel in a report on Friday, September 19th. Northland Securities upped their price target on Intel from $28.00 to $42.00 in a report on Friday, September 19th. Barclays increased their price target on Intel from $19.00 to $25.00 and gave the stock an "equal weight" rating in a research note on Friday, September 19th. Deutsche Bank Aktiengesellschaft set a $30.00 target price on Intel and gave the stock a "hold" rating in a research report on Monday. Finally, Needham & Company LLC reissued a "hold" rating on shares of Intel in a report on Friday, July 25th. Two analysts have rated the stock with a Buy rating, twenty-four have assigned a Hold rating and five have given a Sell rating to the company's stock. According to data from MarketBeat, Intel presently has a consensus rating of "Reduce" and a consensus price target of $26.19.

Intel Trading Down 2.9%

Intel stock opened at $34.48 on Tuesday. Intel Corporation has a 1 year low of $17.67 and a 1 year high of $36.30. 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 market cap of $150.92 billion, a price-to-earnings ratio of -7.23 and a beta of 1.23. The firm's 50 day moving average price is $24.40 and its two-hundred day moving average price is $22.47.

Intel (NASDAQ:INTC - Get Free Report) last posted its quarterly earnings data 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). Intel had a negative return on equity of 3.78% and a negative net margin of 38.64%.The firm had revenue of $12.86 billion for the quarter, compared to analysts' expectations of $11.88 billion. During the same quarter in the previous year, the firm posted $0.02 earnings per share. The company's revenue for the quarter was up .5% on a year-over-year basis. Intel has set its Q3 2025 guidance at 0.000-0.000 EPS. On average, research analysts predict that Intel Corporation will post -0.11 EPS for the current fiscal year.

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.

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