Farther Finance Advisors LLC Increases Stake in Intel Corporation $INTC

Farther Finance Advisors LLC increased its position in shares of Intel Corporation (NASDAQ:INTCFree Report) by 32.5% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 173,228 shares of the chip maker’s stock after purchasing an additional 42,466 shares during the period. Farther Finance Advisors LLC’s holdings in Intel were worth $5,812,000 at the end of the most recent quarter.

Other hedge funds also recently added to or reduced their stakes in the company. Bank of Nova Scotia grew its holdings in shares of Intel by 2.3% in the second quarter. Bank of Nova Scotia now owns 2,332,433 shares of the chip maker’s stock worth $52,246,000 after purchasing an additional 51,383 shares during the last quarter. Norges Bank bought a new stake in Intel during the 2nd quarter valued at about $1,579,378,000. Engineers Gate Manager LP boosted its position in Intel by 91.8% in the 2nd quarter. Engineers Gate Manager LP now owns 765,091 shares of the chip maker’s stock valued at $17,138,000 after buying an additional 366,092 shares during the period. Isthmus Partners LLC grew its stake in Intel by 100.1% in the 2nd quarter. Isthmus Partners LLC now owns 247,660 shares of the chip maker’s stock worth $5,548,000 after acquiring an additional 123,895 shares in the last quarter. Finally, Vanguard Group Inc. increased its position in shares of Intel by 2.3% during the second quarter. Vanguard Group Inc. now owns 385,903,735 shares of the chip maker’s stock worth $8,644,244,000 after acquiring an additional 8,513,298 shares during the period. 64.53% of the stock is currently owned by institutional investors.

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Intel Stock Performance

INTC stock opened at $36.35 on Wednesday. Intel Corporation has a one year low of $17.67 and a one year high of $44.02. The firm has a market cap of $173.64 billion, a price-to-earnings ratio of 3,638.64 and a beta of 1.34. The company has a debt-to-equity ratio of 0.38, a quick ratio of 1.25 and a current ratio of 1.60. The firm has a 50-day simple moving average of $38.04 and a two-hundred day simple moving average of $29.65.

Intel (NASDAQ:INTCGet Free Report) last posted its quarterly earnings data on Thursday, October 23rd. The chip maker reported $0.23 EPS for the quarter. Intel had a net margin of 0.37% and a negative return on equity of 0.75%. The firm had revenue of $13.65 billion during the quarter, compared to analyst estimates of $13.10 billion. During the same quarter in the previous year, the business posted ($0.46) EPS. Intel’s revenue was up 3.0% on a year-over-year basis. Intel has set its Q4 2025 guidance at 0.080-0.080 EPS. On average, equities analysts forecast that Intel Corporation will post -0.11 EPS for the current fiscal year.

Analyst Ratings Changes

INTC has been the subject of a number of research reports. DZ Bank reiterated a “sell” rating on shares of Intel in a report on Friday, October 24th. Loop Capital lifted their target price on Intel from $25.00 to $40.00 and gave the company a “hold” rating in a research report on Friday, October 24th. TD Cowen upped their target price on Intel from $35.00 to $38.00 and gave the stock a “hold” rating in a report on Friday, October 24th. Needham & Company LLC reissued a “hold” rating on shares of Intel in a research report on Friday, October 24th. Finally, Barclays lifted their price objective on Intel from $25.00 to $35.00 and gave the company an “equal weight” rating in a report on Friday, October 24th. Two analysts have rated the stock with a Buy rating, twenty-four have issued a Hold rating and eight have given a Sell rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Reduce” and an average target price of $34.84.

Read Our Latest Stock Analysis on INTC

Intel Company Profile

(Free Report)

Intel Corporation, founded in 1968 by Robert Noyce and Gordon E. Moore and headquartered in Santa Clara, California, is a leading global designer and manufacturer of semiconductor products. The company is historically notable for introducing the first commercial microprocessor and for driving the x86 architecture that underpins many personal computers and servers. Intel’s core business spans the design, fabrication and marketing of processors, chipsets and related components for a wide range of computing applications.

Intel’s product portfolio includes client and mobile processors marketed under brands such as Intel Core and Pentium, as well as high-performance Xeon processors for data centers and cloud infrastructure.

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Institutional Ownership by Quarter for Intel (NASDAQ:INTC)

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