Bank Julius Baer & Co. Ltd Zurich Sells 12,137 Shares of Intel Corporation $INTC

Bank Julius Baer & Co. Ltd Zurich decreased its position in Intel Corporation (NASDAQ:INTC) by 6.8% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 165,584 shares of the chip maker’s stock after selling 12,137 shares during the quarter. Bank Julius Baer & Co. Ltd Zurich’s holdings in Intel were worth $3,709,000 at the end of the most recent quarter.

A number of other hedge funds have also recently modified their holdings of the business. Lodestone Wealth Management LLC increased its stake in shares of Intel by 4.3% in the 2nd quarter. Lodestone Wealth Management LLC now owns 15,524 shares of the chip maker’s stock worth $348,000 after acquiring an additional 640 shares in the last quarter. Ensign Peak Advisors Inc increased its stake in shares of Intel by 2.8% during the second quarter. Ensign Peak Advisors Inc now owns 2,610,692 shares of the chip maker’s stock valued at $58,480,000 after purchasing an additional 70,667 shares in the last quarter. Empirical Finance LLC lifted its holdings in shares of Intel by 0.7% during the second quarter. Empirical Finance LLC now owns 146,516 shares of the chip maker’s stock valued at $3,282,000 after purchasing an additional 959 shares during the last quarter. Alteri Wealth LLC boosted its position in shares of Intel by 0.4% in the 2nd quarter. Alteri Wealth LLC now owns 117,816 shares of the chip maker’s stock worth $2,639,000 after purchasing an additional 508 shares in the last quarter. Finally, TD Waterhouse Canada Inc. boosted its position in shares of Intel by 18.3% in the 2nd quarter. TD Waterhouse Canada Inc. now owns 202,615 shares of the chip maker’s stock worth $4,628,000 after purchasing an additional 31,275 shares in the last quarter. Institutional investors own 64.53% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts recently weighed in on INTC shares. KeyCorp reaffirmed a “sector weight” rating on shares of Intel in a research report on Monday, October 20th. HSBC raised their price target on Intel from $24.00 to $26.00 in a report on Friday, October 24th. Northland Securities upped their price target on shares of Intel from $28.00 to $42.00 in a research note on Friday, September 19th. JPMorgan Chase & Co. increased their price objective on shares of Intel from $21.00 to $30.00 and gave the company an “underweight” rating in a research report on Friday, October 24th. Finally, Evercore ISI lifted their target price on shares of Intel from $23.00 to $41.10 in a report on Friday, October 24th. Two equities research analysts have rated the stock with a Buy rating, twenty-four have assigned a Hold rating and eight have given a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Reduce” and an average target price of $34.84.

Intel Stock Performance

Shares of NASDAQ INTC opened at $34.50 on Friday. The firm’s 50-day moving average price is $35.63 and its 200-day moving average price is $26.79. Intel Corporation has a 52-week low of $17.67 and a 52-week high of $42.48. The company has a market cap of $164.81 billion, a PE ratio of 3,453.45 and a beta of 1.31. The company has a quick ratio of 1.25, a current ratio of 1.60 and a debt-to-equity ratio of 0.38.

Intel (NASDAQ:INTC) last issued its quarterly earnings data on Thursday, October 23rd. The chip maker reported $0.23 earnings per share for the quarter. Intel had a net margin of 0.37% and a negative return on equity of 0.75%. The company had revenue of $13.65 billion for the quarter, compared to the consensus estimate of $13.10 billion. During the same quarter in the prior year, the firm earned ($0.46) earnings per share. The firm’s revenue for the quarter was up 3.0% compared to the same quarter last year. Intel has set its Q4 2025 guidance at 0.080-0.080 EPS. As a group, analysts anticipate that Intel Corporation will post -0.11 EPS for the current year.

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.