Intel Corporation $INTC Position Reduced by Banco Bilbao Vizcaya Argentaria S.A.

Banco Bilbao Vizcaya Argentaria S.A. reduced its position in shares of Intel Corporation (NASDAQ:INTC) by 18.1% in the second quarter, HoldingsChannel.com reports. The firm owned 1,289,023 shares of the chip maker’s stock after selling 285,328 shares during the period. Banco Bilbao Vizcaya Argentaria S.A.’s holdings in Intel were worth $29,003,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Nuveen LLC bought a new position in Intel during the first quarter valued at about $538,430,000. Kingstone Capital Partners Texas LLC acquired a new stake in Intel in the 2nd quarter valued at about $345,245,000. Price T Rowe Associates Inc. MD boosted its position in shares of Intel by 99.8% during the 1st 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 purchasing an additional 14,901,457 shares in the last quarter. Goldman Sachs Group Inc. grew its stake in shares of Intel by 133.3% in the 1st quarter. Goldman Sachs Group Inc. now owns 18,758,658 shares of the chip maker’s stock worth $426,009,000 after purchasing an additional 10,719,274 shares during the last quarter. Finally, Assenagon Asset Management S.A. raised its holdings in shares of Intel by 86.4% in the 2nd quarter. Assenagon Asset Management S.A. now owns 22,705,050 shares of the chip maker’s stock worth $508,593,000 after purchasing an additional 10,523,590 shares in the last quarter. Institutional investors own 64.53% of the company’s stock.

Intel Stock Performance

Shares of INTC opened at $35.91 on Friday. The company has a market capitalization of $171.54 billion, a PE ratio of 3,594.59 and a beta of 1.31. The company has a debt-to-equity ratio of 0.38, a quick ratio of 1.25 and a current ratio of 1.60. The company’s 50 day moving average price is $34.41 and its 200 day moving average price is $26.19. Intel Corporation has a 52 week low of $17.67 and a 52 week high of $42.48.

Intel (NASDAQ:INTC) last released its quarterly earnings data on Thursday, October 23rd. The chip maker reported $0.23 earnings per share (EPS) for the quarter. Intel had a negative return on equity of 0.75% and a net margin of 0.37%.The firm had revenue of $13.65 billion during the quarter, compared to analysts’ expectations of $13.10 billion. During the same quarter last year, the firm earned ($0.46) earnings per share. The business’s revenue for the quarter was up 3.0% on a year-over-year basis. Intel has set its Q4 2025 guidance at 0.080-0.080 EPS. Research analysts expect that Intel Corporation will post -0.11 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

INTC has been the subject of a number of research reports. DZ Bank restated a “sell” rating on shares of Intel in a report on Friday, October 24th. JPMorgan Chase & Co. increased their price objective on Intel from $21.00 to $30.00 and gave the company an “underweight” rating in a research report on Friday, October 24th. UBS Group lifted their target price on Intel from $35.00 to $40.00 and gave the stock a “neutral” rating in a report on Monday, October 6th. Cowen reiterated a “hold” rating on shares of Intel in a research report on Friday, October 24th. Finally, Stifel Nicolaus lifted their price target on Intel from $21.00 to $24.50 and gave the stock a “hold” rating in a research note on Monday, July 21st. Two analysts have rated the stock with a Buy rating, twenty-three have assigned a Hold rating and eight have issued a Sell rating to the stock. According to data from MarketBeat.com, Intel currently has a consensus rating of “Reduce” and an average price target of $34.84.

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.