Gabelli Funds LLC Purchases 37,700 Shares of Intel Corporation $INTC

Gabelli Funds LLC grew its position in shares of Intel Corporation (NASDAQ:INTC) by 18.7% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 238,933 shares of the chip maker’s stock after buying an additional 37,700 shares during the period. Gabelli Funds LLC’s holdings in Intel were worth $5,352,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of the business. HFM Investment Advisors LLC bought a new position in Intel during the first quarter worth about $25,000. West Branch Capital LLC bought a new position in shares of Intel during the second quarter worth approximately $28,000. Eukles Asset Management increased its holdings in shares of Intel by 55.6% during the second quarter. Eukles Asset Management now owns 1,400 shares of the chip maker’s stock worth $31,000 after purchasing an additional 500 shares during the period. RMG Wealth Management LLC acquired a new stake in shares of Intel in the second quarter valued at approximately $36,000. Finally, First Pacific Financial boosted its stake in shares of Intel by 111.8% in the second quarter. First Pacific Financial now owns 1,557 shares of the chip maker’s stock valued at $35,000 after buying an additional 822 shares during the period. Institutional investors own 64.53% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts have commented on INTC shares. BNP Paribas Exane raised their price objective on Intel from $19.00 to $30.00 and gave the stock an “underperform” rating in a research note on Friday, October 24th. Citigroup reissued a “sell” rating on shares of Intel in a report on Friday. Cowen restated a “hold” rating on shares of Intel in a research report on Friday, October 24th. UBS Group upped their price objective on shares of Intel from $35.00 to $40.00 and gave the stock a “neutral” rating in a research report on Monday, October 6th. Finally, Roth Capital increased their price objective on shares of Intel from $30.00 to $40.00 and gave the stock a “neutral” rating in a research note on Friday, October 24th. Two equities research 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 stock. Based on data from MarketBeat, Intel presently has a consensus rating of “Reduce” and an average price target of $34.84.

Intel Trading Up 0.5%

Shares of INTC stock opened at $40.50 on Wednesday. Intel Corporation has a 1-year low of $17.67 and a 1-year high of $44.02. 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 stock has a market cap of $193.47 billion, a price-to-earnings ratio of 4,054.05 and a beta of 1.34. The stock has a 50-day moving average of $37.91 and a 200-day moving average of $28.43.

Intel (NASDAQ:INTC) last posted its quarterly earnings data 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 analyst estimates of $13.10 billion. Intel had a negative return on equity of 0.75% and a net margin of 0.37%.The firm’s quarterly revenue was up 3.0% on a year-over-year basis. During the same period in the previous year, the firm earned ($0.46) earnings per share. Intel has set its Q4 2025 guidance at 0.080-0.080 EPS. On average, equities research analysts forecast that Intel Corporation will post -0.11 earnings per share 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.