OFI Invest Asset Management Has $374,000 Stake in Intel Corporation $INTC

Key Points

• OFI Invest Asset Management increased its stake in Intel Corporation by 70.3%, owning 16,682 shares worth approximately $374,000 as of its latest filing.
• In the most recent quarter, Intel reported a loss of ($0.10) earnings per share, missing analysts' expectations, although its revenue of $12.86 billion surpassed forecasts.
• Institutional investors hold over 64.53% of Intel's stock, with significant stake increases from firms like Nuveen LLC and Goldman Sachs Group Inc. in recent quarters.

OFI Invest Asset Management increased its position in Intel Corporation (NASDAQ:INTC - Free Report) by 70.3% in the second quarter, according to its most recent 13F filing with the SEC. The firm owned 16,682 shares of the chip maker's stock after purchasing an additional 6,885 shares during the period. OFI Invest Asset Management's holdings in Intel were worth $374,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in INTC. Nuveen LLC acquired a new position in Intel in the 1st quarter worth approximately $538,430,000. Kingstone Capital Partners Texas LLC purchased a new stake in Intel in the 2nd quarter worth approximately $345,245,000. Price T Rowe Associates Inc. MD lifted its position in Intel by 99.8% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 29,829,385 shares of the chip maker's stock worth $677,426,000 after buying an additional 14,901,457 shares in the last quarter. Goldman Sachs Group Inc. lifted its position in Intel by 133.3% in the 1st quarter. Goldman Sachs Group Inc. now owns 18,758,658 shares of the chip maker's stock worth $426,009,000 after buying an additional 10,719,274 shares in the last quarter. Finally, Assenagon Asset Management S.A. lifted its position in Intel by 86.4% in the 2nd quarter. Assenagon Asset Management S.A. now owns 22,705,050 shares of the chip maker's stock worth $508,593,000 after buying an additional 10,523,590 shares in the last quarter. Institutional investors and hedge funds own 64.53% of the company's stock.

Intel Stock Performance

Shares of INTC opened at $36.44 on Monday. The company's fifty day moving average is $27.17 and its 200-day moving average is $23.24. Intel Corporation has a 12 month low of $17.67 and a 12 month high of $39.65. The firm has a market cap of $159.49 billion, a price-to-earnings ratio of -7.64 and a beta of 1.33. The company has a quick ratio of 0.92, a current ratio of 1.24 and a debt-to-equity ratio of 0.42.

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 analysts' consensus estimates of $0.01 by ($0.11). The firm had revenue of $12.86 billion during 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 business's quarterly revenue was up .5% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.02 earnings per share. Intel has set its Q3 2025 guidance at 0.000-0.000 EPS. Equities analysts expect that Intel Corporation will post -0.11 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of research firms have issued reports on INTC. HSBC reiterated a "reduce" rating and issued a $24.00 target price (up previously from $21.25) on shares of Intel in a research report on Tuesday, October 7th. New Street Research increased their target price on shares of Intel from $23.00 to $32.00 in a research report on Friday, September 19th. Mizuho increased their target price on shares of Intel from $22.00 to $23.00 and gave the stock a "neutral" rating in a research report on Thursday, July 3rd. Citigroup reiterated a "sell" rating and issued a $29.00 target price (up previously from $24.00) on shares of Intel in a research report on Friday, September 19th. Finally, Roth Capital restated a "neutral" rating and set a $30.00 price target on shares of Intel in a research note on Thursday, September 18th. Two research analysts have rated the stock with a Buy rating, twenty-three have given a Hold rating and seven have given a Sell rating to the company's stock. According to data from MarketBeat, the company currently has a consensus rating of "Reduce" and an average target price of $26.63.

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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