Mitsubishi UFJ Trust & Banking Corp Sells 62,606 Shares of Intel Corporation $INTC

Mitsubishi UFJ Trust & Banking Corp lessened its stake in shares of Intel Corporation (NASDAQ:INTC) by 3.2% during the 2nd quarter, HoldingsChannel reports. The firm owned 1,908,835 shares of the chip maker’s stock after selling 62,606 shares during the quarter. Mitsubishi UFJ Trust & Banking Corp’s holdings in Intel were worth $42,758,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently modified their holdings of INTC. Verdence Capital Advisors LLC boosted its holdings in shares of Intel by 1.1% during the 1st quarter. Verdence Capital Advisors LLC now owns 45,682 shares of the chip maker’s stock worth $1,037,000 after buying an additional 486 shares during the period. Independent Wealth Network Inc. raised its holdings in Intel by 5.2% in the 2nd quarter. Independent Wealth Network Inc. now owns 9,927 shares of the chip maker’s stock worth $222,000 after acquiring an additional 490 shares during the period. Cary Street Partners Investment Advisory LLC lifted its position in Intel by 23.1% during the 1st quarter. Cary Street Partners Investment Advisory LLC now owns 2,614 shares of the chip maker’s stock worth $59,000 after acquiring an additional 491 shares during the last quarter. one8zero8 LLC boosted its holdings in Intel by 4.2% during the first quarter. one8zero8 LLC now owns 12,320 shares of the chip maker’s stock valued at $280,000 after acquiring an additional 500 shares during the period. Finally, Indiana Trust & Investment Management Co grew its position in shares of Intel by 8.4% in the first quarter. Indiana Trust & Investment Management Co now owns 6,457 shares of the chip maker’s stock valued at $147,000 after purchasing an additional 500 shares during the last quarter. Institutional investors own 64.53% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts recently weighed in on the company. Mizuho boosted their price objective on Intel from $39.00 to $41.00 and gave the stock a “neutral” rating in a research report on Friday, October 24th. Citigroup reaffirmed 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. Roth Capital upped their price target on Intel from $30.00 to $40.00 and gave the stock a “neutral” rating in a report on Friday, October 24th. BNP Paribas Exane increased their price objective on Intel from $19.00 to $30.00 and gave the company an “underperform” rating in a research report on Friday, October 24th. Finally, HSBC raised their price objective on shares of Intel from $24.00 to $26.00 in a research note on Friday, October 24th. Two analysts have rated the stock with a Buy rating, twenty-three have issued a Hold rating and eight have given a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Reduce” and a consensus target price of $34.84.

Intel Stock Performance

NASDAQ INTC opened at $35.91 on Friday. The company’s 50-day simple moving average is $34.41 and its 200 day simple moving average is $26.19. The company has a quick ratio of 1.25, a current ratio of 1.60 and a debt-to-equity ratio of 0.38. The stock has a market cap of $171.54 billion, a P/E ratio of 3,594.59 and a beta of 1.31. Intel Corporation has a twelve month low of $17.67 and a twelve month high of $42.48.

Intel (NASDAQ:INTC) last announced its earnings results on Thursday, October 23rd. The chip maker reported $0.23 EPS for the quarter. The business had revenue of $13.65 billion for the quarter, compared to the consensus estimate of $13.10 billion. Intel had a negative return on equity of 0.75% and a net margin of 0.37%.Intel’s revenue was up 3.0% compared to the same quarter last year. During the same period in the previous year, the business earned ($0.46) EPS. Intel has set its Q4 2025 guidance at 0.080-0.080 EPS. As a group, research analysts forecast that Intel Corporation will post -0.11 earnings per share for the current fiscal 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.