SCS Capital Management LLC Acquires Shares of 14,170 Intel Corporation $INTC

Key Points

• SCS Capital Management LLC acquired 14,170 shares of Intel Corporation, valued at approximately $322,000, in the first quarter of the year.
• Despite Intel's recent earnings miss with a reported EPS of ($0.10), the company's revenue increased by 0.5% from the previous year.
• Wall Street analysts currently have an average rating of "Reduce" on Intel's stock, with a consensus target price of $22.17.

SCS Capital Management LLC acquired a new stake in shares of Intel Corporation (NASDAQ:INTC - Free Report) in the first quarter, according to the company in its most recent filing with the SEC. The firm acquired 14,170 shares of the chip maker's stock, valued at approximately $322,000.

Several other institutional investors and hedge funds have also recently modified their holdings of the business. Optimize Financial Inc increased its stake in shares of Intel by 3.4% in the 1st quarter. Optimize Financial Inc now owns 92,177 shares of the chip maker's stock valued at $2,093,000 after purchasing an additional 3,047 shares in the last quarter. HFM Investment Advisors LLC purchased a new position in shares of Intel in the 1st quarter valued at about $25,000. Ascent Group LLC purchased a new position in shares of Intel in the 1st quarter valued at about $217,000. Meiji Yasuda Asset Management Co Ltd. increased its stake in shares of Intel by 5.0% in the 1st quarter. Meiji Yasuda Asset Management Co Ltd. now owns 63,863 shares of the chip maker's stock valued at $1,450,000 after purchasing an additional 3,055 shares in the last quarter. Finally, Canada Post Corp Registered Pension Plan increased its stake in shares of Intel by 144.8% in the 1st quarter. Canada Post Corp Registered Pension Plan now owns 154,783 shares of the chip maker's stock valued at $3,515,000 after purchasing an additional 91,544 shares in the last quarter. Hedge funds and other institutional investors own 64.53% of the company's stock.

Intel Trading Down 0.6%

Shares of Intel stock opened at $24.61 on Friday. The stock has a market cap of $107.72 billion, a P/E ratio of -5.16 and a beta of 1.23. The company has a debt-to-equity ratio of 0.42, a current ratio of 1.24 and a quick ratio of 0.92. Intel Corporation has a 1-year low of $17.67 and a 1-year high of $27.55. The stock's 50 day simple moving average is $22.88 and its 200-day simple moving average is $21.85.

Intel (NASDAQ:INTC - Get Free Report) last announced 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 analysts' expectations 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 for the quarter was up .5% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.02 EPS. Intel has set its Q3 2025 guidance at 0.000-0.000 EPS. Analysts predict that Intel Corporation will post -0.11 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

INTC has been the subject of several recent analyst reports. Stifel Nicolaus lifted their price target on Intel from $21.00 to $24.50 and gave the company a "hold" rating in a research note on Monday, July 21st. Benchmark restated a "hold" rating on shares of Intel in a research note on Friday, July 25th. Rosenblatt Securities reiterated a "sell" rating and set a $14.00 price objective on shares of Intel in a research note on Friday, July 25th. JPMorgan Chase & Co. boosted their price objective on Intel from $20.00 to $21.00 and gave the stock an "underweight" rating in a research note on Friday, July 25th. Finally, Loop Capital started coverage on Intel in a research note on Monday, July 21st. They set a "hold" rating and a $25.00 price objective for the company. One investment analyst has rated the stock with a Buy rating, twenty-two have assigned a Hold rating and five have given a Sell rating to the company. According to data from MarketBeat, the company currently has an average rating of "Reduce" and an average target price of $22.17.

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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