Vest Financial LLC Raises Stock Holdings in Intel Corporation $INTC

Key Points

• Vest Financial LLC increased its stake in Intel Corporation by 39.3% during the second quarter, owning a total of 56,636 shares valued at approximately $1.27 million.
• Multiple hedge funds have adjusted their positions in Intel, with Westbourne Investments notably increasing its stake by 319.4% in the first quarter.
• Despite an increase in revenue, Intel reported a loss of ($0.10) EPS for the last quarter, missing expectations by ($0.11).

Vest Financial LLC increased its stake in shares of Intel Corporation (NASDAQ:INTC - Free Report) by 39.3% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 56,636 shares of the chip maker's stock after purchasing an additional 15,967 shares during the quarter. Vest Financial LLC's holdings in Intel were worth $1,269,000 as of its most recent SEC filing.

Other hedge funds have also recently made changes to their positions in the company. Westbourne Investments Inc. lifted its stake in shares of Intel by 319.4% during the 1st quarter. Westbourne Investments Inc. now owns 71,425 shares of the chip maker's stock worth $1,622,000 after purchasing an additional 54,395 shares during the last quarter. KLP Kapitalforvaltning AS raised its stake in Intel by 6.4% in the second quarter. KLP Kapitalforvaltning AS now owns 1,558,908 shares of the chip maker's stock valued at $34,920,000 after buying an additional 93,900 shares during the last quarter. LBP AM SA raised its stake in Intel by 1.8% in the second quarter. LBP AM SA now owns 734,813 shares of the chip maker's stock valued at $16,460,000 after buying an additional 13,248 shares during the last quarter. Lockerman Financial Group Inc. purchased a new stake in Intel in the second quarter valued at about $237,000. Finally, IFP Advisors Inc raised its stake in Intel by 13.1% in the second quarter. IFP Advisors Inc now owns 167,061 shares of the chip maker's stock valued at $3,742,000 after buying an additional 19,306 shares during the last quarter. 64.53% of the stock is currently owned by hedge funds and other institutional investors.

Intel Stock Down 4.3%

Shares of INTC stock opened at $35.63 on Wednesday. The stock's 50-day simple moving average is $27.83 and its 200-day simple moving average is $23.42. The company has a debt-to-equity ratio of 0.42, a quick ratio of 0.92 and a current ratio of 1.24. The firm has a market capitalization of $155.95 billion, a PE ratio of -7.47 and a beta of 1.33. Intel Corporation has a fifty-two week low of $17.67 and a fifty-two week high of $39.65.

Intel (NASDAQ:INTC - Get Free Report) last posted its 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 company 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 revenue was up .5% on a year-over-year basis. During the same period last year, the business earned $0.02 earnings per share. Intel has set its Q3 2025 guidance at 0.000-0.000 EPS. Equities analysts expect that Intel Corporation will post -0.11 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of equities research analysts have commented on INTC shares. Benchmark upgraded Intel from a "hold" rating to a "buy" rating and set a $43.00 price target for the company in a research note on Friday, September 19th. Sanford C. Bernstein reiterated a "neutral" rating on shares of Intel in a research note on Thursday, October 2nd. Hsbc Global Res cut Intel from a "hold" rating to a "moderate sell" rating in a research note on Tuesday, October 7th. New Street Research increased their price target on Intel from $23.00 to $32.00 in a research note on Friday, September 19th. Finally, Cantor Fitzgerald increased their price objective on Intel from $26.00 to $36.00 and gave the company a "neutral" rating in a report on Friday, September 19th. Two analysts have rated the stock with a Buy rating, twenty-two have assigned a Hold rating and eight have given a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of "Reduce" and a consensus target price of $27.60.

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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