Allworth Financial LP Has $6.14 Million Stock Holdings in Intel Corporation $INTC

Allworth Financial LP increased its position in Intel Corporation (NASDAQ:INTC) by 6.9% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 274,049 shares of the chip maker’s stock after purchasing an additional 17,649 shares during the period. Allworth Financial LP’s holdings in Intel were worth $6,139,000 at the end of the most recent quarter.

Other hedge funds also recently modified their holdings of the company. Nuveen LLC bought a new stake in shares of Intel in the 1st quarter worth $538,430,000. Kingstone Capital Partners Texas LLC purchased a new position in shares of Intel in the second quarter worth about $345,245,000. Price T Rowe Associates Inc. MD lifted its position in shares of Intel by 99.8% during the first 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. grew its holdings in 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 buying an additional 10,719,274 shares in the last quarter. Finally, Assenagon Asset Management S.A. lifted its stake in Intel by 86.4% in the 2nd quarter. Assenagon Asset Management S.A. now owns 22,705,050 shares of the chip maker’s stock worth $508,593,000 after purchasing an additional 10,523,590 shares in the last quarter. Hedge funds and other institutional investors own 64.53% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms recently weighed in on INTC. Citigroup restated a “sell” rating and issued a $29.00 price objective (up from $24.00) on shares of Intel in a research report on Friday, September 19th. UBS Group raised their target price on Intel from $35.00 to $40.00 and gave the stock a “neutral” rating in a research note on Monday, October 6th. Wall Street Zen raised shares of Intel from a “sell” rating to a “hold” rating in a research note on Saturday, September 13th. Evercore ISI raised their price objective on Intel from $23.00 to $41.10 in a research report on Friday, October 24th. Finally, Tigress Financial lifted their price objective on Intel from $45.00 to $52.00 and gave the company a “buy” rating in a research note on Tuesday, November 4th. Two equities research analysts have rated the stock with a Buy rating, twenty-three have given a Hold rating and eight have issued a Sell rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Reduce” and an average price target of $34.84.

Intel Stock Down 1.5%

INTC opened at $37.88 on Wednesday. The firm’s 50 day simple moving average is $33.91 and its two-hundred day simple moving average is $26.04. Intel Corporation has a 1-year low of $17.67 and a 1-year high of $42.48. The company has a current ratio of 1.60, a quick ratio of 1.25 and a debt-to-equity ratio of 0.38. The company has a market capitalization of $165.80 billion, a PE ratio of 3,791.79 and a beta of 1.31.

Intel (NASDAQ:INTC) last issued its quarterly earnings results on Thursday, October 23rd. The chip maker reported $0.23 EPS for the quarter. Intel had a negative return on equity of 0.75% and a net margin of 0.37%.The business had revenue of $13.65 billion during the quarter, compared to analysts’ expectations of $13.10 billion. During the same quarter in the prior year, the business posted ($0.46) earnings per share. The business’s quarterly revenue was up 3.0% on a year-over-year basis. Intel has set its Q4 2025 guidance at 0.080-0.080 EPS. As a group, equities analysts forecast 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.