Cyndeo Wealth Partners LLC Sells 675 Shares of Intel Corporation $INTC

Cyndeo Wealth Partners LLC trimmed its holdings in shares of Intel Corporation (NASDAQ:INTC) by 3.9% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 16,561 shares of the chip maker’s stock after selling 675 shares during the quarter. Cyndeo Wealth Partners LLC’s holdings in Intel were worth $371,000 as of its most recent filing with the SEC.

Other hedge funds have also recently bought and sold shares of the company. N.E.W. Advisory Services LLC bought a new position in Intel in the 1st quarter valued at about $25,000. HFM Investment Advisors LLC bought a new stake in shares of Intel during the 1st quarter valued at approximately $25,000. MJT & Associates Financial Advisory Group Inc. bought a new stake in shares of Intel during the 1st quarter valued at approximately $27,000. West Branch Capital LLC bought a new stake in shares of Intel during the 2nd quarter valued at approximately $28,000. Finally, LFA Lugano Financial Advisors SA bought a new stake in shares of Intel during the 1st quarter valued at approximately $30,000. 64.53% of the stock is owned by institutional investors.

Intel Stock Down 3.6%

Intel stock opened at $36.44 on Friday. 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 12-month low of $17.67 and a 12-month high of $39.65. The firm’s fifty day moving average is $27.17 and its 200 day moving average is $23.24. The company has a market capitalization of $159.49 billion, a PE ratio of -7.64 and a beta of 1.33.

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

Analysts Set New Price Targets

Several brokerages recently issued reports on INTC. Wall Street Zen raised shares of Intel from a “sell” rating to a “hold” rating in a report on Saturday, September 13th. Stifel Nicolaus boosted their price target on shares of Intel from $21.00 to $24.50 and gave the stock a “hold” rating in a research report on Monday, July 21st. Citigroup restated a “sell” rating and issued a $29.00 price target (up previously from $24.00) on shares of Intel in a research report on Friday, September 19th. Northland Securities boosted their price target on shares of Intel from $28.00 to $42.00 in a research report on Friday, September 19th. Finally, Deutsche Bank Aktiengesellschaft boosted their price target on shares of Intel from $23.00 to $30.00 and gave the stock a “hold” rating in a research report on Monday, September 29th. Two equities research analysts have rated the stock with a Buy rating, twenty-three have given a Hold rating and seven have issued a Sell rating to the stock. According to MarketBeat.com, Intel currently has an average rating of “Reduce” and a consensus target price of $26.63.

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.