Intel Corporation $INTC Shares Purchased by Private Trust Co. NA

Private Trust Co. NA boosted its position in Intel Corporation (NASDAQ:INTC) by 16.9% in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 29,364 shares of the chip maker’s stock after purchasing an additional 4,236 shares during the quarter. Private Trust Co. NA’s holdings in Intel were worth $658,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Nuveen LLC acquired a new position in Intel during the first quarter worth about $538,430,000. Kingstone Capital Partners Texas LLC purchased a new position in Intel in the 2nd quarter worth approximately $345,245,000. Price T Rowe Associates Inc. MD boosted its holdings in shares of Intel by 99.8% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 29,829,385 shares of the chip maker’s stock worth $677,426,000 after purchasing an additional 14,901,457 shares during the last quarter. Goldman Sachs Group Inc. grew its position in shares of Intel by 133.3% in the first quarter. Goldman Sachs Group Inc. now owns 18,758,658 shares of the chip maker’s stock valued at $426,009,000 after purchasing an additional 10,719,274 shares in the last quarter. Finally, Assenagon Asset Management S.A. increased its holdings in shares of Intel by 86.4% in the second quarter. Assenagon Asset Management S.A. now owns 22,705,050 shares of the chip maker’s stock valued at $508,593,000 after purchasing an additional 10,523,590 shares during the last quarter. Hedge funds and other institutional investors own 64.53% of the company’s stock.

Wall Street Analysts Forecast Growth

INTC has been the topic of a number of recent research reports. Wall Street Zen raised Intel from a “sell” rating to a “hold” rating in a research note on Saturday, September 13th. Loop Capital assumed coverage on shares of Intel in a research report on Monday, July 21st. They set a “hold” rating and a $25.00 price target on the stock. New Street Research raised their price objective on shares of Intel from $23.00 to $32.00 in a research report on Friday, September 19th. Weiss Ratings reiterated a “sell (d)” rating on shares of Intel in a report on Wednesday, October 8th. Finally, Roth Capital reissued a “neutral” rating and issued a $30.00 price target on shares of Intel in a research note on Thursday, September 18th. Two equities research analysts have rated the stock with a Buy rating, twenty-two have assigned a Hold rating and seven have issued a Sell rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Reduce” and an average target price of $28.54.

Intel Price Performance

Intel stock opened at $37.01 on Friday. The company’s 50 day simple moving average is $28.85 and its 200-day simple moving average is $23.73. The company has a debt-to-equity ratio of 0.42, a quick ratio of 0.92 and a current ratio of 1.24. Intel Corporation has a 1 year low of $17.67 and a 1 year high of $39.65. The company has a market capitalization of $161.99 billion, a price-to-earnings ratio of -7.76 and a beta of 1.33.

Intel (NASDAQ:INTC) last posted its quarterly earnings data on Thursday, July 24th. The chip maker reported ($0.10) earnings per share for the quarter, missing analysts’ consensus estimates 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 business’s revenue for the quarter was up .5% on a year-over-year basis. During the same period in the previous year, the business posted $0.02 EPS. Intel has set its Q3 2025 guidance at 0.000-0.000 EPS. As a group, equities research analysts expect 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.