Amalgamated Bank Grows Holdings in Intel Corporation $INTC

Amalgamated Bank increased its position in shares of Intel Corporation (NASDAQ:INTC) by 0.4% during the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 842,108 shares of the chip maker’s stock after purchasing an additional 3,375 shares during the quarter. Amalgamated Bank’s holdings in Intel were worth $18,863,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Westbourne Investments Inc. boosted its holdings in Intel by 319.4% during the first quarter. Westbourne Investments Inc. now owns 71,425 shares of the chip maker’s stock worth $1,622,000 after purchasing an additional 54,395 shares during the last quarter. Pacific Wealth Management purchased a new position in Intel in the second quarter valued at about $1,593,000. Econ Financial Services Corp purchased a new position in Intel in the second quarter valued at about $754,000. Y Intercept Hong Kong Ltd boosted its stake in Intel by 6,865.7% in the second quarter. Y Intercept Hong Kong Ltd now owns 1,151,425 shares of the chip maker’s stock valued at $25,792,000 after acquiring an additional 1,134,895 shares during the last quarter. Finally, First Bancorp Inc ME purchased a new position in Intel in the second quarter valued at about $207,000. 64.53% of the stock is currently owned by hedge funds and other institutional investors.

Intel Price Performance

Shares of NASDAQ:INTC opened at $41.34 on Thursday. The company’s fifty day moving average price is $31.37 and its 200-day moving average price is $24.82. The firm has a market capitalization of $180.95 billion, a price-to-earnings ratio of 4,138.14 and a beta of 1.33. Intel Corporation has a one year low of $17.67 and a one 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) last issued its quarterly earnings results on Thursday, October 23rd. The chip maker reported $0.23 EPS for the quarter. The firm had revenue of $13.65 billion for 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 business’s revenue for the quarter was up 3.0% compared to the same quarter last year. During the same quarter in the prior year, the firm earned ($0.46) EPS. Intel has set its Q4 2025 guidance at 0.080-0.080 EPS. On average, equities research analysts anticipate that Intel Corporation will post -0.11 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of research firms have weighed in on INTC. Weiss Ratings reiterated a “sell (d)” rating on shares of Intel in a research note on Wednesday, October 8th. Wells Fargo & Company boosted their target price on shares of Intel from $30.00 to $45.00 and gave the company an “equal weight” rating in a research note on Friday, October 24th. New Street Research boosted their target price on shares of Intel from $23.00 to $32.00 in a research note on Friday, September 19th. Cowen restated a “hold” rating on shares of Intel in a research note on Friday, October 24th. Finally, Sanford C. Bernstein restated a “neutral” rating on shares of Intel in a research note on Thursday, October 2nd. Two analysts have rated the stock with a Buy rating, twenty-four have issued a Hold rating and eight have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, Intel currently has a consensus rating of “Reduce” and a consensus price target of $33.84.

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.