Mutual of America Capital Management LLC Sells 3,299 Shares of Intel Corporation $INTC

Mutual of America Capital Management LLC decreased its position in Intel Corporation (NASDAQ:INTC) by 0.7% in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 500,171 shares of the chip maker’s stock after selling 3,299 shares during the quarter. Mutual of America Capital Management LLC’s holdings in Intel were worth $11,204,000 as of its most recent filing with the SEC.

Several other large investors have also made changes to their positions in INTC. Westbourne Investments Inc. boosted its position in Intel by 319.4% during the first quarter. Westbourne Investments Inc. now owns 71,425 shares of the chip maker’s stock worth $1,622,000 after purchasing an additional 54,395 shares during the period. KLP Kapitalforvaltning AS boosted its position in Intel by 6.4% during the second quarter. KLP Kapitalforvaltning AS now owns 1,558,908 shares of the chip maker’s stock worth $34,920,000 after purchasing an additional 93,900 shares during the period. LBP AM SA boosted its position in Intel by 1.8% during the second quarter. LBP AM SA now owns 734,813 shares of the chip maker’s stock worth $16,460,000 after purchasing an additional 13,248 shares during the period. Lockerman Financial Group Inc. bought a new stake in Intel during the second quarter worth approximately $237,000. Finally, IFP Advisors Inc boosted its position in Intel by 13.1% during the second quarter. IFP Advisors Inc now owns 167,061 shares of the chip maker’s stock worth $3,742,000 after purchasing an additional 19,306 shares during the period. Institutional investors own 64.53% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages have issued reports on INTC. Susquehanna upped their target price on Intel from $22.00 to $31.00 and gave the stock a “neutral” rating in a research report on Wednesday, October 15th. HSBC reaffirmed a “reduce” rating and set a $24.00 target price (up previously from $21.25) on shares of Intel in a research report on Tuesday, October 7th. Cantor Fitzgerald upped their target price on Intel from $26.00 to $36.00 and gave the stock a “neutral” rating in a research report on Friday, September 19th. Needham & Company LLC reaffirmed a “hold” rating on shares of Intel in a research report on Friday, July 25th. Finally, Barclays increased their price objective on Intel from $19.00 to $25.00 and gave the company an “equal weight” rating in a research report on Friday, September 19th. Two investment analysts have rated the stock with a Buy rating, twenty-two have given a Hold rating and seven have issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Reduce” and a consensus target price of $28.54.

Intel Stock Up 0.5%

INTC opened at $37.01 on Monday. Intel Corporation has a 1-year low of $17.67 and a 1-year high of $39.65. The company has a current ratio of 1.24, a quick ratio of 0.92 and a debt-to-equity ratio of 0.42. The stock has a market capitalization of $161.99 billion, a price-to-earnings ratio of -7.76 and a beta of 1.33. The business has a 50 day moving average of $28.85 and a 200-day moving average of $23.74.

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 the consensus estimate of $0.01 by ($0.11). The business had revenue of $12.86 billion during the quarter, compared to the consensus estimate of $11.88 billion. Intel had a negative net margin of 38.64% and a negative return on equity of 3.78%. The firm’s revenue was up .5% compared to the same quarter last year. During the same period in the prior year, the company posted $0.02 earnings per share. Intel has set its Q3 2025 guidance at 0.000-0.000 EPS. As a group, sell-side analysts anticipate that Intel Corporation will post -0.11 earnings per share 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.