Birmingham Capital Management Co. Inc. AL Has $1.43 Million Stock Position in Intel Corporation $INTC

Birmingham Capital Management Co. Inc. AL reduced its stake in Intel Corporation (NASDAQ:INTC) by 3.2% during the second quarter, Holdings Channel.com reports. The fund owned 63,890 shares of the chip maker’s stock after selling 2,080 shares during the period. Birmingham Capital Management Co. Inc. AL’s holdings in Intel were worth $1,431,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in INTC. Nuveen LLC acquired a new position in Intel in the first quarter valued at approximately $538,430,000. Kingstone Capital Partners Texas LLC acquired a new position in Intel in the second quarter valued at approximately $345,245,000. Price T Rowe Associates Inc. MD lifted its stake in Intel by 99.8% in the first quarter. Price T Rowe Associates Inc. MD now owns 29,829,385 shares of the chip maker’s stock valued at $677,426,000 after buying an additional 14,901,457 shares during the period. Goldman Sachs Group Inc. lifted its stake in Intel by 133.3% in the first quarter. Goldman Sachs Group Inc. now owns 18,758,658 shares of the chip maker’s stock valued at $426,009,000 after buying an additional 10,719,274 shares during the period. Finally, Assenagon Asset Management S.A. lifted its stake in Intel by 86.4% in the second quarter. Assenagon Asset Management S.A. now owns 22,705,050 shares of the chip maker’s stock valued at $508,593,000 after buying an additional 10,523,590 shares during the period. 64.53% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several equities analysts have issued reports on INTC shares. Seaport Res Ptn raised Intel from a “strong sell” rating to a “hold” rating in a research note on Wednesday, September 24th. New Street Research upped their target price on Intel from $23.00 to $32.00 in a research report on Friday, September 19th. TD Cowen upped their target price on Intel from $20.00 to $35.00 and gave the stock a “hold” rating in a research report on Friday, October 10th. Citigroup reaffirmed a “sell” rating and set a $29.00 target price (up from $24.00) on shares of Intel in a research report on Friday, September 19th. Finally, JPMorgan Chase & Co. reaffirmed a “sell” rating and set a $21.00 target price on shares of Intel 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. According to data from MarketBeat.com, the stock presently has an average rating of “Reduce” and a consensus price target of $28.54.

Intel Trading Up 0.5%

Shares of Intel stock opened at $37.01 on Monday. The stock has a fifty day simple moving average of $28.85 and a 200 day simple moving average of $23.74. Intel Corporation has a 12-month low of $17.67 and a 12-month high of $39.65. The company has a market capitalization of $161.99 billion, a P/E ratio of -7.76 and a beta of 1.33. The company has a current ratio of 1.24, a quick ratio of 0.92 and a debt-to-equity ratio of 0.42.

Intel (NASDAQ:INTC) last announced its quarterly earnings results on Thursday, July 24th. The chip maker reported ($0.10) earnings per share (EPS) for the quarter, missing the consensus estimate 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 for the quarter, compared to the consensus estimate of $11.88 billion. During the same quarter last year, the company posted $0.02 EPS. The company’s quarterly revenue was up .5% compared to the same quarter last year. Intel has set its Q3 2025 guidance at 0.000-0.000 EPS. On average, sell-side analysts anticipate 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.