Woodard & Co. Asset Management Group Inc. ADV Invests $1.22 Million in Intel Corporation $INTC

Key Points

• Woodard & Co. Asset Management Group Inc. ADV invested approximately $1.22 million in Intel Corporation by acquiring 54,624 shares during the 2nd quarter.
• Intel reported a quarterly loss of ($0.10) EPS, missing analyst expectations, despite revenues of $12.86 billion, which exceeded projections.
• Institutional ownership of Intel stock is significant, with 64.53% owned by hedge funds and other institutional investors, suggesting strong confidence among large investors.

Woodard & Co. Asset Management Group Inc. ADV acquired a new position in shares of Intel Corporation (NASDAQ:INTC - Free Report) during the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 54,624 shares of the chip maker's stock, valued at approximately $1,224,000.

Several other hedge funds have also modified their holdings of INTC. Nuveen LLC purchased a new stake in shares of Intel during the 1st quarter worth approximately $538,430,000. Kingstone Capital Partners Texas LLC purchased a new stake in shares of Intel during the 2nd quarter worth approximately $345,245,000. Price T Rowe Associates Inc. MD raised its holdings in shares of Intel by 99.8% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 29,829,385 shares of the chip maker's stock worth $677,426,000 after acquiring an additional 14,901,457 shares in the last quarter. Goldman Sachs Group Inc. increased its position in shares of Intel by 133.3% during the 1st quarter. Goldman Sachs Group Inc. now owns 18,758,658 shares of the chip maker's stock valued at $426,009,000 after purchasing an additional 10,719,274 shares during the last quarter. Finally, Assenagon Asset Management S.A. increased its position in shares of Intel by 86.4% during the 2nd quarter. Assenagon Asset Management S.A. now owns 22,705,050 shares of the chip maker's stock valued at $508,593,000 after purchasing an additional 10,523,590 shares during the last quarter. 64.53% of the stock is owned by hedge funds and other institutional investors.

Intel Stock Performance

Shares of Intel stock opened at $37.01 on Friday. The stock's fifty day moving average is $28.85 and its two-hundred day moving average is $23.72. The company has a market capitalization of $161.99 billion, a PE ratio of -7.76 and a beta of 1.33. The company has a quick ratio of 0.92, a current ratio of 1.24 and a debt-to-equity ratio of 0.42. Intel Corporation has a 52 week low of $17.67 and a 52 week high of $39.65.

Intel (NASDAQ:INTC - Get Free Report) last announced its quarterly earnings data on Thursday, July 24th. The chip maker reported ($0.10) EPS for the quarter, missing the consensus estimate 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 the consensus estimate of $11.88 billion. During the same period last year, the company earned $0.02 EPS. The business'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 expect that Intel Corporation will post -0.11 earnings per share for the current year.

Wall Street Analyst Weigh In

Several equities analysts have recently weighed in on INTC shares. Seaport Res Ptn raised Intel from a "strong sell" rating to a "hold" rating in a research report on Wednesday, September 24th. Rosenblatt Securities reissued a "sell" rating and set a $14.00 target price on shares of Intel in a research report on Friday, July 25th. Northland Securities boosted their target price on Intel from $28.00 to $42.00 in a research report on Friday, September 19th. Roth Capital reissued a "neutral" rating and set a $30.00 target price on shares of Intel in a research report on Thursday, September 18th. Finally, Wells Fargo & Company boosted their target price on Intel from $22.00 to $30.00 and gave the company an "equal weight" rating in a research report on Wednesday. Two equities research analysts have rated the stock with a Buy rating, twenty-two have issued a Hold rating and seven have issued a Sell rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of "Reduce" and a consensus price target of $28.54.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.