Mountain Hill Investment Partners Corp. increased its position in shares of Intel Corporation (NASDAQ:INTC – Free Report) by 2.6% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 139,669 shares of the chip maker’s stock after purchasing an additional 3,500 shares during the quarter. Intel accounts for approximately 2.6% of Mountain Hill Investment Partners Corp.’s investment portfolio, making the stock its 15th largest position. Mountain Hill Investment Partners Corp.’s holdings in Intel were worth $3,129,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds have also bought and sold shares of the company. HFM Investment Advisors LLC bought a new stake in Intel during the first quarter worth about $25,000. N.E.W. Advisory Services LLC bought a new stake in Intel during the first quarter worth about $25,000. MJT & Associates Financial Advisory Group Inc. bought a new stake in Intel during the first quarter worth about $27,000. West Branch Capital LLC bought a new stake in Intel during the second quarter worth about $28,000. Finally, PrairieView Partners LLC lifted its position in Intel by 77.0% during the first quarter. PrairieView Partners LLC now owns 1,398 shares of the chip maker’s stock worth $31,000 after purchasing an additional 608 shares during the period. Institutional investors own 64.53% of the company’s stock.
Wall Street Analysts Forecast Growth
INTC has been the subject of several recent analyst reports. Cantor Fitzgerald upped their price objective on shares of Intel from $36.00 to $40.00 and gave the stock a “neutral” rating in a research report on Monday, October 20th. DZ Bank reissued a “sell” rating on shares of Intel in a report on Friday, October 24th. Citigroup reissued a “sell” rating and issued a $29.00 target price (up previously from $24.00) on shares of Intel in a report on Friday, September 19th. Wedbush increased their target price on shares of Intel from $19.00 to $20.00 and gave the stock a “neutral” rating in a report on Wednesday, October 22nd. Finally, Cowen reissued a “hold” rating on shares of Intel in a report on Friday, October 24th. One investment analyst has rated the stock with a Buy rating, twenty-three have assigned a Hold rating and eight have assigned a Sell rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Reduce” and a consensus target price of $34.18.
Intel Stock Down 0.4%
Shares of NASDAQ INTC opened at $39.99 on Friday. The company has a 50 day simple moving average of $32.01 and a 200 day simple moving average of $25.09. The firm has a market cap of $175.04 billion, a PE ratio of 4,003.00 and a beta of 1.33. Intel Corporation has a 1 year low of $17.67 and a 1 year high of $42.48. The company has a debt-to-equity ratio of 0.38, a current ratio of 1.60 and a quick ratio of 1.25.
Intel (NASDAQ:INTC – Get Free Report) last issued its quarterly earnings data on Thursday, October 23rd. The chip maker reported $0.23 earnings per share (EPS) for the quarter. The business had revenue of $13.65 billion during the quarter, compared to analyst estimates of $13.10 billion. Intel had a net margin of 0.37% and a negative return on equity of 0.75%. The firm’s quarterly revenue was up 3.0% on a year-over-year basis. During the same quarter last year, the business earned ($0.46) EPS. Intel has set its Q4 2025 guidance at 0.080-0.080 EPS. On average, research analysts forecast 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.
See Also
- Five stocks we like better than Intel
- How to Profit From Value Investing
- Is Beyond Meat a Buy After Meme Stock Surge? Analysts Say No
- Consumer Staples Stocks, Explained
- ABBV Stock: $250 May Be the New Floor After Big Q3 Earnings Beat
- 3 Warren Buffett Stocks to Buy Now
- Super Micro’s Moment of Truth: A Growth Story Under Pressure
Want to see what other hedge funds are holding INTC? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Intel Corporation (NASDAQ:INTC – Free Report).
Receive News & Ratings for Intel Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Intel and related companies with MarketBeat.com's FREE daily email newsletter.
