RFG Holdings Inc. Purchases 13,978 Shares of Intel Corporation $INTC

Key Points

• RFG Holdings Inc. increased its stake in Intel Corporation by 32.0%, owning 57,674 shares valued at $1.29 million after purchasing additional shares in the 2nd quarter.
• Institutional investors now hold 64.53% of Intel's stock, with several firms significantly boosting their stakes in the last quarter, including Woodline Partners LP, which lifted its stake by 552.9%.
• Wall Street analysts have mixed views on Intel, with target prices for the stock ranging from $14.00 to $25.00, and an overall consensus rating of "Reduce."

RFG Holdings Inc. lifted its position in shares of Intel Corporation (NASDAQ:INTC - Free Report) by 32.0% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 57,674 shares of the chip maker's stock after purchasing an additional 13,978 shares during the period. RFG Holdings Inc.'s holdings in Intel were worth $1,292,000 at the end of the most recent quarter.

A number of other large investors have also added to or reduced their stakes in INTC. Nuveen LLC bought a new stake in Intel during the 1st quarter valued at $538,430,000. Price T Rowe Associates Inc. MD lifted its holdings in shares of Intel by 99.8% in the first 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. increased its position in Intel by 133.3% during the first quarter. Goldman Sachs Group Inc. now owns 18,758,658 shares of the chip maker's stock valued at $426,009,000 after acquiring an additional 10,719,274 shares during the last quarter. Neuberger Berman Group LLC grew its holdings in shares of Intel by 1,091.1% in the first quarter. Neuberger Berman Group LLC now owns 11,204,926 shares of the chip maker's stock worth $254,641,000 after purchasing an additional 10,264,175 shares during the last quarter. Finally, Vanguard Group Inc. lifted its stake in Intel by 2.2% in the first quarter. Vanguard Group Inc. now owns 377,390,437 shares of the chip maker's stock worth $8,570,537,000 after acquiring an additional 8,291,233 shares during the period. Hedge funds and other institutional investors own 64.53% of the company's stock.

Wall Street Analyst Weigh In

INTC has been the topic of a number of recent analyst reports. Needham & Company LLC reiterated a "hold" rating on shares of Intel in a research report on Friday, July 25th. DZ Bank restated a "sell" rating on shares of Intel in a research note on Friday. New Street Research upped their price objective on Intel from $21.00 to $23.00 and gave the stock a "neutral" rating in a report on Wednesday, September 10th. Mizuho upped their price objective on Intel from $22.00 to $23.00 and gave the company a "neutral" rating in a research report on Thursday, July 3rd. Finally, UBS Group increased their target price on Intel from $25.00 to $35.00 and gave the company a "neutral" rating in a research note on Friday. Two investment analysts have rated the stock with a Buy rating, twenty-two have assigned a Hold rating and six have issued a Sell rating to the company. According to data from MarketBeat.com, the company presently has an average rating of "Reduce" and an average price target of $24.27.

Intel Stock Down 3.2%

NASDAQ:INTC traded down $0.99 during mid-day trading on Friday, hitting $29.58. The stock had a trading volume of 224,890,676 shares, compared to its average volume of 93,261,976. The stock has a 50-day simple moving average of $23.29 and a two-hundred day simple moving average of $22.01. Intel Corporation has a twelve month low of $17.67 and a twelve month high of $32.38. The company has a current ratio of 1.24, a quick ratio of 0.92 and a debt-to-equity ratio of 0.42. The company has a market capitalization of $129.47 billion, a PE ratio of -6.20 and a beta of 1.23.

Intel (NASDAQ:INTC - Get Free Report) last posted 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). 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 during the quarter, compared to analysts' expectations of $11.88 billion. During the same quarter last year, the firm earned $0.02 EPS. The firm's quarterly revenue was up .5% compared to the same quarter last year. Intel has set its Q3 2025 guidance at 0.000-0.000 EPS. On average, equities research analysts anticipate that Intel Corporation will post -0.11 EPS for the current 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.