Intel Corporation $INTC Shares Acquired by Wealth Enhancement Advisory Services LLC

Wealth Enhancement Advisory Services LLC raised its position in Intel Corporation (NASDAQ:INTCFree Report) by 5.3% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 702,059 shares of the chip maker’s stock after buying an additional 35,459 shares during the period. Wealth Enhancement Advisory Services LLC’s holdings in Intel were worth $15,789,000 at the end of the most recent quarter.

Several other large investors have also modified their holdings of the stock. N.E.W. Advisory Services LLC bought a new position in Intel in the first quarter worth about $25,000. HFM Investment Advisors LLC acquired a new stake in shares of Intel during the 1st quarter valued at $25,000. Vermillion Wealth Management Inc. acquired a new stake in shares of Intel in the 4th quarter valued at $27,000. MJT & Associates Financial Advisory Group Inc. bought a new position in Intel in the 1st quarter worth $27,000. Finally, LFA Lugano Financial Advisors SA bought a new position in shares of Intel during the 1st quarter worth about $30,000. Institutional investors own 64.53% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently issued reports on INTC shares. JPMorgan Chase & Co. reiterated a “sell” rating and set a $21.00 target price on shares of Intel in a research report on Friday. UBS Group increased their price target on shares of Intel from $25.00 to $35.00 and gave the company a “neutral” rating in a research note on Friday. Benchmark upgraded shares of Intel from a “hold” rating to a “buy” rating and set a $43.00 target price for the company in a research note on Friday. Needham & Company LLC reaffirmed a “hold” rating on shares of Intel in a research report on Friday, July 25th. Finally, Roth Capital reissued a “neutral” rating and issued a $30.00 target price on shares of Intel in a report on Thursday. Two analysts have rated the stock with a Buy rating, twenty-two have assigned a Hold rating and six have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Reduce” and an average target price of $24.27.

View Our Latest Research Report on Intel

Intel Trading Down 3.2%

Intel stock opened at $29.58 on Monday. The company has a current ratio of 1.24, a quick ratio of 0.92 and a debt-to-equity ratio of 0.42. Intel Corporation has a 12-month low of $17.67 and a 12-month high of $32.38. The firm has a 50 day moving average of $23.29 and a 200 day moving average of $22.02. The firm has a market capitalization of $129.47 billion, a price-to-earnings ratio of -6.20 and a beta of 1.23.

Intel (NASDAQ:INTCGet 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 analysts’ consensus estimates of $0.01 by ($0.11). Intel had a negative return on equity of 3.78% and a negative net margin of 38.64%.The company had revenue of $12.86 billion during the quarter, compared to the consensus estimate of $11.88 billion. During the same quarter in the prior year, the business earned $0.02 earnings per share. The firm’s quarterly 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, research analysts predict that Intel Corporation will post -0.11 earnings per share for the current year.

Intel Profile

(Free Report)

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.

Recommended Stories

Institutional Ownership by Quarter for Intel (NASDAQ:INTC)

Receive News & Ratings for Intel Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Intel and related companies with MarketBeat.com's FREE daily email newsletter.