Westbourne Investments Inc. Boosts Stock Position in Intel Corporation $INTC

Key Points

• Westbourne Investments Inc. increased its stake in Intel Corporation by 319.4% during Q1, owning 71,425 shares valued at approximately $1.62 million.
• Recent analyst ratings for Intel show a divided outlook, with one "Buy", 22 "Hold", and five "Sell" ratings, and a current average target price of $22.17.
• Intel reported a loss of ($0.10) EPS for the latest quarter, missing analysts' expectations, although it had revenue of $12.86 billion, slightly above projections.

Westbourne Investments Inc. lifted its stake in Intel Corporation (NASDAQ:INTC - Free Report) by 319.4% during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 71,425 shares of the chip maker's stock after buying an additional 54,395 shares during the quarter. Westbourne Investments Inc.'s holdings in Intel were worth $1,622,000 as of its most recent SEC filing.

Other hedge funds have also recently modified their holdings of the company. HFM Investment Advisors LLC purchased a new stake in shares of Intel in the first quarter worth about $25,000. N.E.W. Advisory Services LLC purchased a new stake in shares of Intel in the first quarter worth about $25,000. MJT & Associates Financial Advisory Group Inc. purchased a new stake in shares of Intel in the first quarter worth about $27,000. LFA Lugano Financial Advisors SA purchased a new stake in shares of Intel in the first quarter worth about $30,000. Finally, Vermillion Wealth Management Inc. purchased a new position in Intel during the fourth quarter worth approximately $27,000. Hedge funds and other institutional investors own 64.53% of the company's stock.

Wall Street Analyst Weigh In

A number of brokerages have issued reports on INTC. Rosenblatt Securities reiterated a "sell" rating and set a $14.00 price target on shares of Intel in a research report on Friday, July 25th. Mizuho increased 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. Citigroup restated a "hold" rating on shares of Intel in a research report on Tuesday, July 8th. Loop Capital assumed coverage on Intel in a research report on Monday, July 21st. They issued a "hold" rating and a $25.00 target price on the stock. Finally, Deutsche Bank Aktiengesellschaft assumed coverage on Intel in a research report on Wednesday, May 21st. They issued a "hold" rating and a $23.00 target price on the stock. One equities research analyst has rated the stock with a Buy rating, twenty-two have assigned a Hold rating and five have assigned a Sell rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of "Reduce" and an average target price of $22.17.

Intel Price Performance

NASDAQ:INTC opened at $24.61 on Wednesday. Intel Corporation has a 52 week low of $17.67 and a 52 week high of $27.55. The company has a quick ratio of 0.92, a current ratio of 1.24 and a debt-to-equity ratio of 0.42. The company has a market capitalization of $107.73 billion, a P/E ratio of -5.16 and a beta of 1.23. The stock's fifty day moving average is $22.78 and its two-hundred day moving average is $21.83.

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 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 during the quarter, compared to analysts' expectations of $11.88 billion. During the same quarter in the prior year, the firm earned $0.02 EPS. Intel's revenue for the quarter was up .5% compared to the same quarter last year. Intel has set its Q3 2025 guidance at 0.000-0.000 EPS. Equities analysts expect 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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