MetLife Investment Management LLC Has $25.54 Million Position in Intel Corporation $INTC

Key Points

• MetLife Investment Management LLC reduced its stake in Intel Corporation by 1.4% in Q1, holding approximately $25.54 million worth of shares.
• Intel's earnings report showed a negative EPS of ($0.10), missing expectations, while revenues increased slightly by 0.5% year-over-year.
• Brokerages have adjusted their price targets for Intel, with JPMorgan raising it to $21.00, although most analysts maintain a "Hold" rating on the stock.

MetLife Investment Management LLC lessened its position in Intel Corporation (NASDAQ:INTC - Free Report) by 1.4% in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,124,744 shares of the chip maker's stock after selling 15,944 shares during the period. MetLife Investment Management LLC's holdings in Intel were worth $25,543,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of the company. ICONIQ Capital LLC increased its holdings in Intel by 147.1% in the 1st quarter. ICONIQ Capital LLC now owns 25,216 shares of the chip maker's stock worth $573,000 after purchasing an additional 15,012 shares in the last quarter. Quantitative Investment Management LLC increased its holdings in Intel by 2,748.1% in the 1st quarter. Quantitative Investment Management LLC now owns 682,710 shares of the chip maker's stock worth $15,504,000 after purchasing an additional 658,739 shares in the last quarter. Jump Financial LLC increased its holdings in Intel by 12.4% in the 1st quarter. Jump Financial LLC now owns 1,442,078 shares of the chip maker's stock worth $32,750,000 after purchasing an additional 159,317 shares in the last quarter. Smartleaf Asset Management LLC increased its holdings in Intel by 45.6% in the 1st quarter. Smartleaf Asset Management LLC now owns 38,101 shares of the chip maker's stock worth $865,000 after purchasing an additional 11,938 shares in the last quarter. Finally, BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp increased its holdings in Intel by 0.7% in the 1st quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp now owns 824,872 shares of the chip maker's stock worth $18,733,000 after purchasing an additional 6,004 shares in the last quarter. Institutional investors and hedge funds own 64.53% of the company's stock.

Intel Stock Up 5.5%

Shares of Intel stock opened at $24.80 on Monday. Intel Corporation has a one year low of $17.67 and a one year high of $27.55. 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's 50-day moving average is $22.15 and its 200 day moving average is $21.73. The firm has a market cap of $108.55 billion, a price-to-earnings ratio of -5.20 and a beta of 1.22.

Intel (NASDAQ:INTC - Get Free Report) last announced its earnings results on Thursday, July 24th. The chip maker reported ($0.10) 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 business had revenue of $12.86 billion for the quarter, compared to the consensus estimate of $11.88 billion. During the same quarter in the previous year, the company earned $0.02 EPS. The firm'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. Equities research analysts anticipate that Intel Corporation will post -0.11 EPS for the current year.

Analysts Set New Price Targets

A number of brokerages have issued reports on INTC. JPMorgan Chase & Co. upped their target price on Intel from $20.00 to $21.00 and gave the stock an "underweight" rating in a report on Friday, July 25th. Mizuho increased their price target on Intel from $22.00 to $23.00 and gave the company a "neutral" rating in a research note on Thursday, July 3rd. UBS Group increased 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. Stifel Nicolaus increased their price target on Intel from $21.00 to $24.50 and gave the company a "hold" rating in a research note on Monday, July 21st. Finally, Deutsche Bank Aktiengesellschaft initiated coverage on Intel in a research note on Wednesday, May 21st. They issued a "hold" rating and a $23.00 price target for the company. One research analyst has rated the stock with a Buy rating, twenty-three have issued a Hold rating and five have issued a Sell rating to the company's stock. Based on data from MarketBeat.com, Intel currently has an average rating of "Reduce" and a consensus price target 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.

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