United Bank Takes $205,000 Position in Intel Corporation $INTC

Key Points

• United Bank has acquired a new stake in Intel Corporation, purchasing 9,145 shares valued at approximately $205,000 during the second quarter.
• Intel's stock is currently rated with a consensus of "Reduce" from analysts, with a price target averaging $28.54.
• Intel reported quarterly earnings that missed estimates, posting a loss of ($0.10) EPS while revenue was $12.86 billion, exceeding expectations.

United Bank bought a new stake in shares of Intel Corporation (NASDAQ:INTC - Free Report) in the 2nd quarter, according to its most recent filing with the SEC. The institutional investor bought 9,145 shares of the chip maker's stock, valued at approximately $205,000.

Several other large investors have also recently added to or reduced their stakes in the company. Aspiriant LLC lifted its stake in Intel by 33.7% during the second quarter. Aspiriant LLC now owns 17,217 shares of the chip maker's stock worth $386,000 after purchasing an additional 4,335 shares during the last quarter. Chevy Chase Trust Holdings LLC lifted its stake in Intel by 1.6% during the second quarter. Chevy Chase Trust Holdings LLC now owns 2,324,340 shares of the chip maker's stock worth $52,065,000 after purchasing an additional 36,971 shares during the last quarter. Arista Wealth Management LLC bought a new position in Intel during the second quarter worth $276,000. Private Trust Co. NA lifted its stake in Intel by 16.9% during the second quarter. Private Trust Co. NA now owns 29,364 shares of the chip maker's stock worth $658,000 after purchasing an additional 4,236 shares during the last quarter. Finally, Sage Private Wealth Group LLC lifted its stake in Intel by 17.8% during the second quarter. Sage Private Wealth Group LLC now owns 21,987 shares of the chip maker's stock worth $493,000 after purchasing an additional 3,317 shares during the last quarter. 64.53% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

INTC has been the topic of a number of recent research reports. Sanford C. Bernstein reiterated a "neutral" rating on shares of Intel in a research note on Thursday, October 2nd. Deutsche Bank Aktiengesellschaft raised their target price on Intel from $23.00 to $30.00 and gave the company a "hold" rating in a research note on Monday, September 29th. Erste Group Bank upgraded Intel from a "sell" rating to a "hold" rating in a research note on Monday, September 22nd. Bank of America reiterated an "underperform" rating and issued a $34.00 target price on shares of Intel in a research note on Monday, October 13th. Finally, Roth Capital reiterated a "neutral" rating and issued a $30.00 target price on shares of Intel in a research note on Thursday, September 18th. Two research analysts have rated the stock with a Buy rating, twenty-two have given a Hold rating and seven have assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of "Reduce" and a consensus price target of $28.54.

Intel Price Performance

Shares of INTC opened at $37.01 on Friday. The firm has a market capitalization of $161.99 billion, a price-to-earnings ratio of -7.76 and a beta of 1.33. The company has a debt-to-equity ratio of 0.42, a quick ratio of 0.92 and a current ratio of 1.24. Intel Corporation has a one year low of $17.67 and a one year high of $39.65. The stock's fifty day moving average is $28.85 and its 200-day moving average is $23.72.

Intel (NASDAQ:INTC - Get Free Report) last issued 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). The business 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%.Intel's revenue was up .5% compared to the same quarter last year. During the same quarter last year, the firm posted $0.02 earnings per share. Intel has set its Q3 2025 guidance at 0.000-0.000 EPS. Equities 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.

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