OMNI 360 Wealth Inc. Purchases New Position in Intel Corporation $INTC

Key Points

• OMNI 360 Wealth Inc. has purchased a new stake in Intel Corporation, acquiring 15,657 shares valued at approximately $351,000.
• Institutional ownership of Intel stands at 64.53%, with several other firms also newly investing in the company.
• Despite reporting revenues above analyst expectations, Intel missed its earnings per share estimate for the last quarter, showing a negative return on equity and a negative net margin.

OMNI 360 Wealth Inc. purchased a new stake in shares of Intel Corporation (NASDAQ:INTC - Free Report) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 15,657 shares of the chip maker's stock, valued at approximately $351,000.

Several other institutional investors and hedge funds also recently made changes to their positions in INTC. N.E.W. Advisory Services LLC bought a new stake in shares of Intel during the first quarter valued at approximately $25,000. HFM Investment Advisors LLC bought a new stake in Intel in the 1st quarter worth approximately $25,000. Vermillion Wealth Management Inc. bought a new stake in Intel in the 4th quarter worth approximately $27,000. MJT & Associates Financial Advisory Group Inc. bought a new stake in Intel in the 1st quarter worth approximately $27,000. Finally, LFA Lugano Financial Advisors SA bought a new stake in Intel in the 1st quarter worth approximately $30,000. Institutional investors own 64.53% of the company's stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have commented on INTC shares. Rosenblatt Securities reaffirmed a "sell" rating and issued a $14.00 target price on shares of Intel in a research report on Friday, July 25th. JPMorgan Chase & Co. lifted their target price on shares of Intel from $20.00 to $21.00 and gave the stock an "underweight" rating in a research report on Friday, July 25th. Wall Street Zen raised shares of Intel from a "sell" rating to a "hold" rating in a research report on Saturday. Mizuho lifted 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. Finally, Loop Capital assumed coverage on shares of Intel in a research report on Monday, July 21st. They issued a "hold" rating and a $25.00 target price for the company. One analyst has rated the stock with a Buy rating, twenty-two have assigned a Hold rating and five have assigned a Sell rating to the stock. According to MarketBeat, Intel presently has an average rating of "Reduce" and an average target price of $22.17.

Intel Trading Down 2.2%

Shares of Intel stock opened at $24.08 on Friday. The company has a market capitalization of $105.40 billion, a P/E ratio of -5.05 and a beta of 1.23. Intel Corporation has a fifty-two week low of $17.67 and a fifty-two week 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 company has a fifty day moving average of $22.92 and a 200 day moving average of $21.85.

Intel (NASDAQ:INTC - Get Free Report) last announced its quarterly 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). The company had revenue of $12.86 billion during the quarter, compared to analysts' expectations of $11.88 billion. Intel had a negative return on equity of 3.78% and a negative net margin of 38.64%.The firm's revenue for the quarter was up .5% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.02 EPS. Intel has set its Q3 2025 guidance at 0.000-0.000 EPS. On average, sell-side 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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