Pallas Capital Advisors LLC Buys 45,326 Shares of Intel Corporation $INTC

Key Points

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Pallas Capital Advisors LLC boosted its holdings in shares of Intel Corporation (NASDAQ:INTC - Free Report) by 61.7% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 118,749 shares of the chip maker's stock after purchasing an additional 45,326 shares during the period. Pallas Capital Advisors LLC's holdings in Intel were worth $2,660,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in the company. Affinity Capital Advisors LLC raised its holdings in shares of Intel by 5.6% during the second quarter. Affinity Capital Advisors LLC now owns 13,021 shares of the chip maker's stock valued at $292,000 after acquiring an additional 692 shares during the period. Krilogy Financial LLC raised its holdings in shares of Intel by 148.4% during the second quarter. Krilogy Financial LLC now owns 31,892 shares of the chip maker's stock valued at $714,000 after acquiring an additional 19,052 shares during the period. Fiduciary Alliance LLC raised its holdings in shares of Intel by 136.2% during the second quarter. Fiduciary Alliance LLC now owns 74,996 shares of the chip maker's stock valued at $1,680,000 after acquiring an additional 43,241 shares during the period. Czech National Bank raised its holdings in shares of Intel by 7.2% during the second quarter. Czech National Bank now owns 1,066,599 shares of the chip maker's stock valued at $23,892,000 after acquiring an additional 72,065 shares during the period. Finally, Livelsberger Financial Advisory acquired a new stake in shares of Intel during the second quarter valued at approximately $67,000. Institutional investors and hedge funds own 64.53% of the company's stock.

Intel Stock Down 3.2%

Shares of INTC traded down $0.99 during mid-day trading on Friday, hitting $29.58. 224,890,676 shares of the company's stock were exchanged, compared to its average volume of 93,261,976. The company has a quick ratio of 0.92, a current ratio of 1.24 and a debt-to-equity ratio of 0.42. The firm has a fifty day moving average of $23.29 and a two-hundred day moving average of $22.00. The stock has a market cap of $129.47 billion, a price-to-earnings ratio of -6.20 and a beta of 1.23. Intel Corporation has a twelve month low of $17.67 and a twelve month high of $32.38.

Intel (NASDAQ:INTC - Get Free Report) last posted its quarterly earnings data 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). The firm had revenue of $12.86 billion for the quarter, compared to the consensus estimate of $11.88 billion. Intel had a negative return on equity of 3.78% and a negative net margin of 38.64%.Intel's quarterly revenue was up .5% on a year-over-year basis. During the same period in the prior year, the company posted $0.02 earnings per share. 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 earnings per share for the current year.

Analysts Set New Price Targets

A number of equities research analysts have recently issued reports on INTC shares. Rosenblatt Securities restated a "sell" rating and set a $14.00 price target on shares of Intel in a report on Friday, July 25th. Mizuho boosted their price target on shares of Intel from $22.00 to $23.00 and gave the company a "neutral" rating in a report on Thursday, July 3rd. Benchmark upgraded shares of Intel from a "hold" rating to a "buy" rating and set a $43.00 price target on the stock in a report on Friday. Wall Street Zen upgraded shares of Intel from a "sell" rating to a "hold" rating in a research note on Saturday, September 13th. Finally, Loop Capital assumed coverage on shares of Intel in a research note on Monday, July 21st. They issued a "hold" rating and a $25.00 price objective on the stock. Two equities research analysts have rated the stock with a Buy rating, twenty-two have assigned a Hold rating and six have assigned a Sell rating to the company. According to MarketBeat, the stock currently has a consensus rating of "Reduce" and an average target price of $24.27.

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.