Sonora Investment Management Group LLC Takes Position in Intel Corporation $INTC

Key Points

• Sonora Investment Management Group LLC acquired a new stake in Intel Corporation, purchasing 96,451 shares valued at approximately $2.16 million in the second quarter.
• Institutional investors now hold 64.53% of Intel's stock, with several large firms, including Vanguard Group and Amundi, increasing their positions significantly in the first quarter.
• Analysts' consensus rating for Intel is currently "Reduce," with an average target price set at $25.90, while Intel recently missed earnings expectations for the last quarter.

Sonora Investment Management Group LLC acquired a new stake in Intel Corporation (NASDAQ:INTC - Free Report) in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 96,451 shares of the chip maker's stock, valued at approximately $2,160,000.

Several other large investors have also modified their holdings of the company. Vanguard Group Inc. lifted its holdings in shares of Intel by 2.2% during the first quarter. Vanguard Group Inc. now owns 377,390,437 shares of the chip maker's stock worth $8,570,537,000 after purchasing an additional 8,291,233 shares during the period. Northern Trust Corp lifted its holdings in Intel by 0.3% in the first quarter. Northern Trust Corp now owns 45,969,843 shares of the chip maker's stock valued at $1,043,975,000 after acquiring an additional 158,288 shares during the period. Invesco Ltd. lifted its holdings in Intel by 1.3% in the first quarter. Invesco Ltd. now owns 43,651,076 shares of the chip maker's stock valued at $991,316,000 after acquiring an additional 562,246 shares during the period. Amundi increased its position in shares of Intel by 22.0% in the first quarter. Amundi now owns 37,878,097 shares of the chip maker's stock valued at $849,606,000 after buying an additional 6,829,690 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. increased its position in shares of Intel by 3.2% in the first quarter. Charles Schwab Investment Management Inc. now owns 35,025,596 shares of the chip maker's stock valued at $795,431,000 after buying an additional 1,086,836 shares in the last quarter. 64.53% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several research firms have commented on INTC. Stifel Nicolaus lifted their price target on Intel from $21.00 to $24.50 and gave the company a "hold" rating in a report on Monday, July 21st. Cantor Fitzgerald boosted their price target on Intel from $26.00 to $36.00 and gave the stock a "neutral" rating in a research report on Friday, September 19th. Mizuho boosted their price target on Intel from $22.00 to $23.00 and gave the stock a "neutral" rating in a research report on Thursday, July 3rd. Wall Street Zen raised Intel from a "sell" rating to a "hold" rating in a research report on Saturday, September 13th. Finally, Seaport Res Ptn raised Intel from a "strong sell" rating to a "hold" rating in a research report on Wednesday. Two research analysts have rated the stock with a Buy rating, twenty-four have given a Hold rating and five have assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of "Reduce" and a consensus target price of $25.90.

Intel Stock Up 4.4%

INTC opened at $35.50 on Friday. Intel Corporation has a fifty-two week low of $17.67 and a fifty-two week high of $36.30. The company has a debt-to-equity ratio of 0.42, a current ratio of 1.24 and a quick ratio of 0.92. The firm's fifty day moving average price is $24.17 and its two-hundred day moving average price is $22.41. The company has a market capitalization of $155.38 billion, a P/E ratio of -7.44 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) earnings per share for the quarter, missing analysts' consensus estimates of $0.01 by ($0.11). The business had revenue of $12.86 billion for the quarter, compared to analyst estimates of $11.88 billion. Intel had a negative return on equity of 3.78% and a negative net margin of 38.64%.The firm's quarterly revenue was up .5% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.02 EPS. Intel has set its Q3 2025 guidance at 0.000-0.000 EPS. On average, analysts anticipate that Intel Corporation will post -0.11 EPS for the current year.

Intel Company 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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