Advisors Capital Management LLC Sells 1,632 Shares of Intel Corporation $INTC

Advisors Capital Management LLC trimmed its position in Intel Corporation (NASDAQ:INTC) by 15.0% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 9,262 shares of the chip maker’s stock after selling 1,632 shares during the period. Advisors Capital Management LLC’s holdings in Intel were worth $210,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. Westbourne Investments Inc. increased its position in shares of Intel by 319.4% in the first quarter. Westbourne Investments Inc. now owns 71,425 shares of the chip maker’s stock valued at $1,622,000 after acquiring an additional 54,395 shares during the last quarter. Indiana Trust & Investment Management Co increased its position in shares of Intel by 8.4% in the first quarter. Indiana Trust & Investment Management Co now owns 6,457 shares of the chip maker’s stock valued at $147,000 after acquiring an additional 500 shares during the last quarter. McAdam LLC acquired a new stake in shares of Intel in the first quarter valued at about $236,000. Acadian Asset Management LLC increased its position in shares of Intel by 146.9% in the first quarter. Acadian Asset Management LLC now owns 885,862 shares of the chip maker’s stock valued at $20,110,000 after acquiring an additional 527,131 shares during the last quarter. Finally, Geneos Wealth Management Inc. increased its position in shares of Intel by 20.0% in the first quarter. Geneos Wealth Management Inc. now owns 48,770 shares of the chip maker’s stock valued at $1,108,000 after acquiring an additional 8,135 shares during the last quarter. 64.53% of the stock is currently owned by institutional investors.

Intel Price Performance

Intel stock opened at $24.08 on Friday. Intel Corporation has a 12 month low of $17.67 and a 12 month high of $27.55. The stock’s 50 day moving average is $22.92 and its 200-day moving average is $21.85. 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 company has a market capitalization of $105.40 billion, a price-to-earnings ratio of -5.05 and a beta of 1.23.

Intel (NASDAQ:INTC) 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. Equities research analysts expect that Intel Corporation will post -0.11 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of analysts recently issued reports on the company. Benchmark reaffirmed a “hold” rating on shares of Intel in a research report on Friday, July 25th. Stifel Nicolaus lifted their target price on Intel from $21.00 to $24.50 and gave the company a “hold” rating in a research report on Monday, July 21st. Wall Street Zen raised Intel from a “sell” rating to a “hold” rating in a research report on Saturday. Sanford C. Bernstein reissued a “market perform” rating on shares of Intel in a research report on Tuesday, August 19th. Finally, Needham & Company LLC reissued a “hold” rating on shares of Intel in a research report on Friday, July 25th. One analyst has rated the stock with a Buy rating, twenty-two have issued a Hold rating and five have given a Sell rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Reduce” and a consensus target price of $22.17.

Intel Company 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.