Smartleaf Asset Management LLC Raises Stock Holdings in Intel Corporation $INTC

Key Points

• Smartleaf Asset Management LLC increased its holdings in Intel Corporation by 45.6% during the 1st quarter, owning a total of 38,101 shares valued at approximately $865,000.
• Other hedge funds, including Vanguard Group Inc. and UBS AM, also raised their positions in Intel, reflecting growing institutional interest in the chip maker.
• Analysts have mixed ratings on Intel, with a consensus rating of "Reduce" and an average target price of $22.17, amidst recent earnings that showed a loss of ($0.10) EPS for the last quarter.

Smartleaf Asset Management LLC increased its position in Intel Corporation (NASDAQ:INTC - Free Report) by 45.6% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 38,101 shares of the chip maker's stock after buying an additional 11,938 shares during the quarter. Smartleaf Asset Management LLC's holdings in Intel were worth $865,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds also recently made changes to their positions in the company. Vanguard Group Inc. increased its position in Intel by 2.2% during the 1st quarter. Vanguard Group Inc. now owns 377,390,437 shares of the chip maker's stock valued at $8,570,537,000 after purchasing an additional 8,291,233 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its position in Intel by 8.2% during the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 63,263,339 shares of the chip maker's stock valued at $1,268,430,000 after purchasing an additional 4,793,927 shares during the period. Northern Trust Corp increased its position in Intel by 0.3% during the 1st quarter. Northern Trust Corp now owns 45,969,843 shares of the chip maker's stock valued at $1,043,975,000 after purchasing an additional 158,288 shares during the period. Invesco Ltd. increased its position in Intel by 1.3% during the 1st quarter. Invesco Ltd. now owns 43,651,076 shares of the chip maker's stock valued at $991,316,000 after purchasing an additional 562,246 shares during the period. Finally, Charles Schwab Investment Management Inc. increased its position in Intel by 3.2% during the 1st quarter. Charles Schwab Investment Management Inc. now owns 35,025,596 shares of the chip maker's stock valued at $795,431,000 after purchasing an additional 1,086,836 shares during the period. 64.53% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of brokerages have issued reports on INTC. Mizuho boosted their price objective on shares of Intel from $22.00 to $23.00 and gave the company a "neutral" rating in a research report on Thursday, July 3rd. Seaport Res Ptn raised shares of Intel to a "strong sell" rating in a research report on Wednesday, April 30th. UBS Group boosted their price objective on shares of Intel from $21.00 to $25.00 and gave the company a "neutral" rating in a research report on Monday, July 14th. Stifel Nicolaus boosted their price objective on shares of Intel from $21.00 to $24.50 and gave the company a "hold" rating in a research report on Monday, July 21st. Finally, Deutsche Bank Aktiengesellschaft began coverage on shares of Intel in a research report on Wednesday, May 21st. They set a "hold" rating and a $23.00 price objective on the stock. One equities research analyst has rated the stock with a Buy rating, twenty-three have issued a Hold rating and five have assigned a Sell rating to the company's stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Reduce" and an average target price of $22.17.

Intel Stock Performance

Shares of INTC stock opened at $24.80 on Monday. Intel Corporation has a 12 month low of $17.67 and a 12 month high of $27.55. The stock has a market cap of $108.55 billion, a PE ratio of -5.20 and a beta of 1.22. 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's fifty day moving average price is $22.15 and its 200-day moving average price is $21.73.

Intel (NASDAQ:INTC - Get Free Report) last announced its quarterly 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 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%.The business's revenue for the quarter was up .5% on a year-over-year basis. 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, equities analysts expect that Intel Corporation will post -0.11 EPS 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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