Trust Co. of Toledo NA OH lifted its holdings in Intel Corporation (NASDAQ:INTC – Free Report) by 1.8% during the second quarter, Holdings Channel.com reports. The institutional investor owned 38,786 shares of the chip maker’s stock after acquiring an additional 675 shares during the quarter. Trust Co. of Toledo NA OH’s holdings in Intel were worth $869,000 as of its most recent filing with the Securities & Exchange Commission.
Other hedge funds and other institutional investors have also recently modified their holdings of the company. N.E.W. Advisory Services LLC purchased a new position in shares of Intel in the 1st quarter worth approximately $25,000. HFM Investment Advisors LLC purchased a new position in shares of Intel in the 1st quarter worth approximately $25,000. MJT & Associates Financial Advisory Group Inc. purchased a new position in Intel in the first quarter valued at approximately $27,000. West Branch Capital LLC purchased a new position in Intel in the second quarter valued at approximately $28,000. Finally, LFA Lugano Financial Advisors SA purchased a new position in Intel in the first quarter valued at approximately $30,000. Hedge funds and other institutional investors own 64.53% of the company’s stock.
Wall Street Analysts Forecast Growth
Several equities analysts recently commented on INTC shares. Northland Securities upped their price objective on Intel from $28.00 to $42.00 in a research note on Friday, September 19th. Hsbc Global Res downgraded Intel from a “hold” rating to a “moderate sell” rating in a research note on Tuesday, October 7th. Mizuho upped their price objective on Intel from $22.00 to $23.00 and gave the company a “neutral” rating in a research note on Thursday, July 3rd. JPMorgan Chase & Co. reiterated a “sell” rating and issued a $21.00 price objective on shares of Intel in a research note on Friday, September 19th. Finally, HSBC reiterated a “reduce” rating and issued a $24.00 price objective (up previously from $21.25) on shares of Intel in a research note on Tuesday. Two equities research analysts have rated the stock with a Buy rating, twenty-three have given a Hold rating and seven have issued a Sell rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Reduce” and an average target price of $26.63.
Intel Trading Down 3.6%
NASDAQ:INTC opened at $36.44 on Friday. The company has a market cap of $159.49 billion, a P/E ratio of -7.64 and a beta of 1.33. The stock’s fifty day moving average price is $27.17 and its two-hundred day moving average price is $23.24. Intel Corporation has a 1 year low of $17.67 and a 1 year high of $39.65. The company has a debt-to-equity ratio of 0.42, a current ratio of 1.24 and a quick ratio of 0.92.
Intel (NASDAQ:INTC – Get Free Report) last posted its earnings results on Thursday, July 24th. The chip maker reported ($0.10) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.01 by ($0.11). The company had revenue of $12.86 billion for the quarter, compared to analysts’ expectations of $11.88 billion. Intel had a negative return on equity of 3.78% and a negative net margin of 38.64%.The company’s revenue was up .5% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.02 EPS. Intel has set its Q3 2025 guidance at 0.000-0.000 EPS. As a group, analysts expect 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.
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