Mount Vernon Associates Inc. MD Increases Stake in Intel Corporation $INTC

Mount Vernon Associates Inc. MD increased its stake in Intel Corporation (NASDAQ:INTC) by 2.7% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 50,987 shares of the chip maker’s stock after buying an additional 1,350 shares during the period. Intel accounts for about 0.8% of Mount Vernon Associates Inc. MD’s portfolio, making the stock its 29th largest position. Mount Vernon Associates Inc. MD’s holdings in Intel were worth $1,142,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors also recently added to or reduced their stakes in the stock. Verdence Capital Advisors LLC increased its stake in Intel by 1.1% in 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. increased its stake 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 buying an additional 490 shares during the period. Cary Street Partners Investment Advisory LLC increased its stake in Intel by 23.1% in the 1st quarter. Cary Street Partners Investment Advisory LLC now owns 2,614 shares of the chip maker’s stock worth $59,000 after buying an additional 491 shares during the period. one8zero8 LLC increased its stake in Intel by 4.2% in the 1st quarter. one8zero8 LLC now owns 12,320 shares of the chip maker’s stock worth $280,000 after buying an additional 500 shares during the period. Finally, Indiana Trust & Investment Management Co increased its stake in Intel by 8.4% in the 1st quarter. Indiana Trust & Investment Management Co now owns 6,457 shares of the chip maker’s stock worth $147,000 after buying an additional 500 shares during the period. Hedge funds and other institutional investors own 64.53% of the company’s stock.

Intel Stock Down 1.3%

INTC stock opened at $36.83 on Friday. The firm has a 50 day moving average of $25.47 and a 200 day moving average of $22.79. The stock has a market capitalization of $161.20 billion, a PE ratio of -7.72 and a beta of 1.33. The company has a quick ratio of 0.92, a current ratio of 1.24 and a debt-to-equity ratio of 0.42. Intel Corporation has a 52 week low of $17.67 and a 52 week high of $38.08.

Intel (NASDAQ:INTC) last released its earnings results on Thursday, July 24th. The chip maker reported ($0.10) EPS for the quarter, missing analysts’ consensus estimates of $0.01 by ($0.11). Intel had a negative return on equity of 3.78% and a negative net margin of 38.64%.The company had revenue of $12.86 billion during the quarter, compared to analyst estimates of $11.88 billion. During the same quarter last year, the business earned $0.02 earnings per share. The firm’s revenue for the quarter was up .5% on a year-over-year basis. Intel has set its Q3 2025 guidance at 0.000-0.000 EPS. Sell-side analysts forecast that Intel Corporation will post -0.11 earnings per share for the current year.

Analyst Ratings Changes

Several research firms recently commented on INTC. Erste Group Bank raised shares of Intel from a “sell” rating to a “hold” rating in a research note on Monday, September 22nd. Citigroup reiterated a “sell” rating and set a $29.00 target price (up from $24.00) on shares of Intel in a report on Friday, September 19th. Northland Securities increased their target price on shares of Intel from $28.00 to $42.00 in a report on Friday, September 19th. Cantor Fitzgerald increased their target price on shares of Intel from $26.00 to $36.00 and gave the stock a “neutral” rating in a report on Friday, September 19th. Finally, Stifel Nicolaus increased their target price on shares of Intel from $21.00 to $24.50 and gave the stock a “hold” rating in a report on Monday, July 21st. Two research analysts have rated the stock with a Buy rating, twenty-four have issued a Hold rating and six have assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Reduce” and an average target price of $26.19.

About Intel

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.