Intel Corporation $INTC Shares Sold by Baird Financial Group Inc.

Baird Financial Group Inc. reduced its stake in shares of Intel Corporation (NASDAQ:INTC) by 30.0% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 294,856 shares of the chip maker’s stock after selling 126,461 shares during the period. Baird Financial Group Inc.’s holdings in Intel were worth $6,605,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of the stock. HFM Investment Advisors LLC bought a new stake in Intel in the first quarter valued at about $25,000. West Branch Capital LLC acquired a new position in shares of Intel in the 2nd quarter worth approximately $28,000. Eukles Asset Management increased its holdings in shares of Intel by 55.6% in the 2nd quarter. Eukles Asset Management now owns 1,400 shares of the chip maker’s stock valued at $31,000 after acquiring an additional 500 shares during the last quarter. First Pacific Financial raised its position in shares of Intel by 111.8% during the 2nd quarter. First Pacific Financial now owns 1,557 shares of the chip maker’s stock valued at $35,000 after acquiring an additional 822 shares in the last quarter. Finally, Rosenberg Matthew Hamilton lifted its stake in Intel by 101.0% during the second quarter. Rosenberg Matthew Hamilton now owns 1,584 shares of the chip maker’s stock worth $35,000 after purchasing an additional 796 shares during the last quarter. Institutional investors and hedge funds own 64.53% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages have weighed in on INTC. HSBC increased their target price on shares of Intel from $24.00 to $26.00 in a report on Friday, October 24th. Truist Financial increased their price objective on shares of Intel from $21.00 to $39.00 and gave the stock a “hold” rating in a research note on Friday, October 24th. Roth Capital lifted their target price on Intel from $30.00 to $40.00 and gave the company a “neutral” rating in a research note on Friday, October 24th. Rosenblatt Securities increased their price target on Intel from $14.00 to $25.00 and gave the stock a “sell” rating in a research report on Friday, October 24th. Finally, Citigroup restated a “sell” rating on shares of Intel in a research report on Friday. Two analysts have rated the stock with a Buy rating, twenty-four have issued a Hold rating and eight have assigned a Sell rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Reduce” and an average price target of $34.84.

Intel Stock Performance

Shares of INTC opened at $40.30 on Tuesday. The firm has a market capitalization of $192.51 billion, a PE ratio of 4,034.03 and a beta of 1.34. The company has a quick ratio of 1.25, a current ratio of 1.60 and a debt-to-equity ratio of 0.38. The firm has a 50-day moving average price of $37.77 and a 200 day moving average price of $28.29. Intel Corporation has a 52-week low of $17.67 and a 52-week high of $44.02.

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