WCG Wealth Advisors LLC Has $1.19 Million Holdings in Intel Corporation $INTC

Key Points

• WCG Wealth Advisors LLC significantly increased its holdings in Intel Corporation by 82.1% during the 1st quarter, owning 52,484 shares valued at $1.19 million as of their latest SEC filing.
• Multiple hedge funds have also increased their stakes in Intel, with Caisse DE Depot ET Placement DU Quebec raising its stake by 185.9% to own 2,191,279 shares valued at approximately $49.76 million.
• Intel reported a loss of ($0.10) earnings per share for the last quarter, missing estimates by ($0.11), despite a revenue increase to $12.86 billion, exceeding expectations.

WCG Wealth Advisors LLC increased its holdings in shares of Intel Corporation (NASDAQ:INTC - Free Report) by 82.1% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 52,484 shares of the chip maker's stock after buying an additional 23,668 shares during the quarter. WCG Wealth Advisors LLC's holdings in Intel were worth $1,192,000 as of its most recent SEC filing.

Several other hedge funds have also added to or reduced their stakes in INTC. Caisse DE Depot ET Placement DU Quebec raised its stake in shares of Intel by 185.9% in the 1st quarter. Caisse DE Depot ET Placement DU Quebec now owns 2,191,279 shares of the chip maker's stock valued at $49,764,000 after purchasing an additional 1,424,911 shares during the period. Evergreen Wealth Solutions LLC increased its position in shares of Intel by 7.3% in the first quarter. Evergreen Wealth Solutions LLC now owns 29,713 shares of the chip maker's stock valued at $675,000 after acquiring an additional 2,026 shares during the last quarter. Apexium Financial LP increased its position in shares of Intel by 53.5% in the first quarter. Apexium Financial LP now owns 17,896 shares of the chip maker's stock valued at $406,000 after acquiring an additional 6,236 shares during the last quarter. ICONIQ Capital LLC increased its position in shares of Intel by 147.1% in the first quarter. ICONIQ Capital LLC now owns 25,216 shares of the chip maker's stock valued at $573,000 after acquiring an additional 15,012 shares during the last quarter. Finally, Quantitative Investment Management LLC increased its position in shares of Intel by 2,748.1% in the first quarter. Quantitative Investment Management LLC now owns 682,710 shares of the chip maker's stock valued at $15,504,000 after acquiring an additional 658,739 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 analysts recently issued reports on INTC shares. Citigroup reaffirmed a "hold" rating on shares of Intel in a research report on Tuesday, July 8th. UBS Group lifted their price target on Intel from $21.00 to $25.00 and gave the stock a "neutral" rating in a report on Monday, July 14th. Loop Capital initiated coverage on Intel in a report on Monday, July 21st. They set a "hold" rating and a $25.00 price target for the company. Seaport Res Ptn upgraded Intel to a "strong sell" rating in a report on Wednesday, April 30th. Finally, Stifel Nicolaus boosted their price objective on Intel from $21.00 to $24.50 and gave the stock a "hold" rating in a report on Monday, July 21st. One research analyst has rated the stock with a Buy rating, twenty-two have given a Hold rating and five have given a Sell rating to the stock. According to MarketBeat.com, the stock presently has an average rating of "Reduce" and a consensus target price of $22.17.

Intel Trading Down 1.0%

Shares of INTC stock opened at $24.55 on Tuesday. 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 stock has a market cap of $107.46 billion, a P/E ratio of -5.15 and a beta of 1.22. The stock has a 50 day simple moving average of $22.22 and a 200 day simple moving average of $21.77. Intel Corporation has a 1 year low of $17.67 and a 1 year high of $27.55.

Intel (NASDAQ:INTC - Get Free Report) last issued its quarterly earnings results on Thursday, July 24th. The chip maker reported ($0.10) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.01 by ($0.11). The company had revenue of $12.86 billion during the quarter, compared to the consensus estimate of $11.88 billion. Intel had a negative net margin of 38.64% and a negative return on equity of 3.78%. The company's quarterly revenue was up .5% on a year-over-year basis. 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. On average, research analysts predict that Intel Corporation will post -0.11 earnings per share for the current fiscal 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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