Pacific Wealth Management Makes New Investment in Intel Corporation $INTC

Key Points

• Pacific Wealth Management acquired a new stake in Intel Corporation, purchasing 71,118 shares valued at approximately $1.593 million, making Intel 0.8% of its portfolio.
• Intel reported earnings of ($0.10) per share, missing analysts' expectations, but revenue was slightly above consensus at $12.86 billion.
• Current consensus rating for Intel stock is "Reduce," with a target price of $29.26, reflecting a cautious outlook from various brokerages.

Pacific Wealth Management purchased a new stake in shares of Intel Corporation (NASDAQ:INTC - Free Report) during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 71,118 shares of the chip maker's stock, valued at approximately $1,593,000. Intel comprises 0.8% of Pacific Wealth Management's portfolio, making the stock its 11th largest position.

Other hedge funds have also recently made changes to their positions in the company. N.E.W. Advisory Services LLC purchased a new position in shares of Intel in the first quarter worth about $25,000. HFM Investment Advisors LLC bought a new position in Intel during the 1st quarter worth approximately $25,000. MJT & Associates Financial Advisory Group Inc. bought a new stake in Intel in the first quarter valued at approximately $27,000. West Branch Capital LLC bought a new position in shares of Intel in the second quarter worth approximately $28,000. Finally, LFA Lugano Financial Advisors SA purchased a new position in shares of Intel in the first quarter worth $30,000. 64.53% of the stock is currently owned by institutional investors.

Intel Price Performance

NASDAQ INTC opened at $37.37 on Wednesday. The company has a market capitalization of $163.58 billion, a price-to-earnings ratio of -7.82 and a beta of 1.33. The stock has a 50-day moving average of $29.52 and a 200 day moving average of $23.97. Intel Corporation has a one year low of $17.67 and a one year high of $39.65. The company has a debt-to-equity ratio of 0.42, a quick ratio of 0.92 and a current ratio of 1.24.

Intel (NASDAQ:INTC - Get Free Report) last posted its earnings results on Thursday, July 24th. The chip maker reported ($0.10) earnings per share 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 the consensus estimate of $11.88 billion. Intel had a negative net margin of 38.64% and a negative return on equity of 3.78%. The firm's revenue was up .5% compared to the same quarter last year. During the same period in the prior year, the company posted $0.02 EPS. Intel has set its Q3 2025 guidance at 0.000-0.000 EPS. On average, sell-side analysts forecast that Intel Corporation will post -0.11 EPS for the current year.

Analyst Ratings Changes

Several brokerages have recently commented on INTC. DZ Bank reaffirmed a "sell" rating on shares of Intel in a research note on Friday, September 19th. Citigroup reissued a "sell" rating and set a $29.00 price objective (up previously from $24.00) on shares of Intel in a research note on Friday, September 19th. Deutsche Bank Aktiengesellschaft raised their target price on shares of Intel from $23.00 to $30.00 and gave the company a "hold" rating in a research note on Monday, September 29th. Barclays boosted their price target on Intel from $19.00 to $25.00 and gave the stock an "equal weight" rating in a research report on Friday, September 19th. Finally, Hsbc Global Res lowered Intel from a "hold" rating to a "moderate sell" rating in a research report on Tuesday, October 7th. Two investment analysts have rated the stock with a Buy rating, twenty-three have given a Hold rating and seven have issued a Sell rating to the stock. According to MarketBeat, the company presently has a consensus rating of "Reduce" and a consensus price target of $29.26.

About Intel

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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