Stratos Wealth Partners LTD. Has $2.88 Million Stake in Intel Corporation $INTC

Key Points

• Stratos Wealth Partners LTD. reduced its stake in Intel Corporation by 6.5%, holding 128,652 shares valued at approximately $2.88 million after selling 9,015 shares.
• Several hedge funds, including Westbourne Investments Inc., have significantly increased their stakes in Intel, with Westbourne's stake up by 319.4% in the first quarter.
• Wall Street analysts have raised their target prices for Intel, with estimates ranging from $28.00 to $42.00, reflecting a mixed outlook with two Buy ratings and multiple Hold and Sell ratings.

Stratos Wealth Partners LTD. lowered its stake in shares of Intel Corporation (NASDAQ:INTC - Free Report) by 6.5% in the second quarter, according to its most recent 13F filing with the SEC. The fund owned 128,652 shares of the chip maker's stock after selling 9,015 shares during the period. Stratos Wealth Partners LTD.'s holdings in Intel were worth $2,882,000 as of its most recent SEC filing.

Other hedge funds have also added to or reduced their stakes in the company. Westbourne Investments Inc. boosted its stake in shares of Intel by 319.4% in the 1st quarter. Westbourne Investments Inc. now owns 71,425 shares of the chip maker's stock worth $1,622,000 after buying an additional 54,395 shares during the last quarter. KLP Kapitalforvaltning AS boosted its stake in shares of Intel by 6.4% in the 2nd quarter. KLP Kapitalforvaltning AS now owns 1,558,908 shares of the chip maker's stock worth $34,920,000 after buying an additional 93,900 shares during the last quarter. LBP AM SA boosted its stake in shares of Intel by 1.8% in the 2nd quarter. LBP AM SA now owns 734,813 shares of the chip maker's stock worth $16,460,000 after buying an additional 13,248 shares during the last quarter. Lockerman Financial Group Inc. purchased a new position in shares of Intel in the 2nd quarter worth approximately $237,000. Finally, IFP Advisors Inc boosted its stake in shares of Intel by 13.1% in the 2nd quarter. IFP Advisors Inc now owns 167,061 shares of the chip maker's stock worth $3,742,000 after buying an additional 19,306 shares during the last quarter. Institutional investors and hedge funds own 64.53% of the company's stock.

Wall Street Analyst Weigh In

A number of research firms have weighed in on INTC. Susquehanna boosted their target price on shares of Intel from $22.00 to $31.00 and gave the company a "neutral" rating in a research note on Wednesday, October 15th. New Street Research upped their price objective on Intel from $23.00 to $32.00 in a research note on Friday, September 19th. Northland Securities upped their price objective on Intel from $28.00 to $42.00 in a research note on Friday, September 19th. Citigroup reiterated a "sell" rating and issued a $29.00 price objective (up previously from $24.00) on shares of Intel in a research note on Friday, September 19th. Finally, Deutsche Bank Aktiengesellschaft upped their price objective on Intel from $23.00 to $30.00 and gave the company a "hold" rating in a research note on Monday, September 29th. Two equities research analysts have rated the stock with a Buy rating, twenty-two have given a Hold rating and seven have issued a Sell rating to the company. Based on data from MarketBeat.com, Intel has an average rating of "Reduce" and an average price target of $28.54.

Intel Trading Up 0.5%

Shares of INTC stock opened at $37.01 on Monday. The company's fifty day simple moving average is $28.85 and its two-hundred day simple moving average is $23.74. 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 $39.65. The stock has a market capitalization of $161.99 billion, a price-to-earnings ratio of -7.76 and a beta of 1.33.

Intel (NASDAQ:INTC - Get Free Report) last issued 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). 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 for the quarter, compared to the consensus estimate of $11.88 billion. During the same period in the previous year, the firm earned $0.02 EPS. The company's revenue was up .5% compared to the same quarter last year. Intel has set its Q3 2025 guidance at 0.000-0.000 EPS. As a group, analysts anticipate that Intel Corporation will post -0.11 earnings per share for the current year.

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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