First Financial Bank Trust Division Has $3.14 Million Stock Position in Intel Corporation $INTC

First Financial Bank Trust Division trimmed its position in Intel Corporation (NASDAQ:INTC) by 5.0% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 140,286 shares of the chip maker’s stock after selling 7,372 shares during the quarter. First Financial Bank Trust Division’s holdings in Intel were worth $3,142,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also modified their holdings of the company. N.E.W. Advisory Services LLC acquired a new stake in shares of Intel in the first quarter worth $25,000. HFM Investment Advisors LLC bought a new position in Intel during the first quarter worth $25,000. Vermillion Wealth Management Inc. bought a new position in Intel during the fourth quarter worth $27,000. MJT & Associates Financial Advisory Group Inc. bought a new position in Intel during the first quarter worth $27,000. Finally, LFA Lugano Financial Advisors SA bought a new position in Intel during the first quarter worth $30,000. 64.53% of the stock is currently owned by institutional investors and hedge funds.

Intel Trading Down 2.2%

Shares of Intel stock opened at $24.08 on Friday. The firm has a market capitalization of $105.40 billion, a PE ratio of -5.05 and a beta of 1.23. The company has a debt-to-equity ratio of 0.42, a current ratio of 1.24 and a quick ratio of 0.92. The company’s fifty day moving average price is $22.92 and its two-hundred day moving average price is $21.86. Intel Corporation has a 52-week low of $17.67 and a 52-week high of $27.55.

Intel (NASDAQ:INTC) last posted its earnings results on Thursday, July 24th. The chip maker reported ($0.10) earnings per share for the quarter, missing the consensus estimate of $0.01 by ($0.11). Intel had a negative return on equity of 3.78% and a negative net margin of 38.64%.The firm had revenue of $12.86 billion during the quarter, compared to the consensus estimate of $11.88 billion. During the same period in the previous year, the company posted $0.02 EPS. The firm’s revenue for the quarter was up .5% compared to the same quarter last year. Intel has set its Q3 2025 guidance at 0.000-0.000 EPS. On average, analysts expect that Intel Corporation will post -0.11 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of brokerages recently issued reports on INTC. Citigroup reaffirmed a “hold” rating on shares of Intel in a research report on Tuesday, July 8th. Deutsche Bank Aktiengesellschaft began coverage on shares of Intel in a research report on Wednesday, May 21st. They set a “hold” rating and a $23.00 target price on the stock. Stifel Nicolaus boosted their target price on shares of Intel from $21.00 to $24.50 and gave the stock a “hold” rating in a research report on Monday, July 21st. Benchmark reaffirmed a “hold” rating on shares of Intel in a research report on Friday, July 25th. Finally, Loop Capital assumed coverage on shares of Intel in a report on Monday, July 21st. They issued a “hold” rating and a $25.00 price target on the stock. One investment analyst has rated the stock with a Buy rating, twenty-two have issued a Hold rating and five have given a Sell rating to the company. According to MarketBeat, the company has a consensus rating of “Reduce” and a consensus price target of $22.17.

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.