Maryland State Retirement & Pension System Boosts Holdings in Intel Corporation $INTC

Key Points

• The Maryland State Retirement & Pension System increased its stake in Intel Corporation by 4.6% during the second quarter, owning a total of 212,406 shares valued at approximately $4.76 million.
• Recent analyst ratings for Intel show a mix of sentiment, with 22 hold ratings, 2 buy ratings, and 7 sell ratings, reflecting a consensus price target of $26.30.
• In its most recent earnings report, Intel reported a loss of ($0.10) EPS, missing expectations, despite a year-over-year revenue increase of 0.5% to $12.86 billion.

Maryland State Retirement & Pension System boosted its position in shares of Intel Corporation (NASDAQ:INTC - Free Report) by 4.6% in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 212,406 shares of the chip maker's stock after buying an additional 9,394 shares during the quarter. Maryland State Retirement & Pension System's holdings in Intel were worth $4,758,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds also recently bought and sold shares of INTC. N.E.W. Advisory Services LLC bought a new stake in shares of Intel during the first quarter worth $25,000. HFM Investment Advisors LLC bought a new stake in shares of Intel during the first quarter worth $25,000. MJT & Associates Financial Advisory Group Inc. bought a new stake in shares of Intel during the first quarter worth $27,000. West Branch Capital LLC bought a new stake in shares of Intel during the second quarter worth $28,000. Finally, LFA Lugano Financial Advisors SA bought a new stake in shares of Intel during the first quarter worth $30,000. 64.53% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

INTC has been the subject of several research analyst reports. Sanford C. Bernstein reiterated a "neutral" rating on shares of Intel in a research report on Thursday, October 2nd. Roth Capital reiterated a "neutral" rating and set a $30.00 target price on shares of Intel in a research report on Thursday, September 18th. Hsbc Global Res downgraded Intel from a "hold" rating to a "moderate sell" rating in a research report on Tuesday. Wall Street Zen upgraded Intel from a "sell" rating to a "hold" rating in a report on Saturday, September 13th. Finally, Loop Capital assumed coverage on Intel in a report on Monday, July 21st. They issued a "hold" rating and a $25.00 price objective for the company. Two analysts have rated the stock with a Buy rating, twenty-two have given a Hold rating and seven have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Reduce" and a consensus price target of $26.30.

Intel Price Performance

INTC opened at $37.80 on Friday. The business's 50-day moving average is $26.82 and its two-hundred day moving average is $23.16. Intel Corporation has a 1 year low of $17.67 and a 1 year high of $38.68. 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 firm has a market capitalization of $165.45 billion, a PE ratio of -7.92 and a beta of 1.33.

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). Intel had a negative net margin of 38.64% and a negative return on equity of 3.78%. The company had revenue of $12.86 billion during the quarter, compared to analysts' expectations of $11.88 billion. During the same quarter last year, the firm earned $0.02 EPS. Intel'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. Research analysts anticipate that Intel Corporation will post -0.11 earnings per share 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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