Intel Corporation $INTC Shares Bought by Public Sector Pension Investment Board

Public Sector Pension Investment Board lifted its position in shares of Intel Corporation (NASDAQ:INTC) by 39.5% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,599,743 shares of the chip maker’s stock after purchasing an additional 736,285 shares during the period. Public Sector Pension Investment Board owned about 0.06% of Intel worth $58,234,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in INTC. CANADA LIFE ASSURANCE Co lifted its holdings in Intel by 3.6% in the 2nd quarter. CANADA LIFE ASSURANCE Co now owns 4,360,941 shares of the chip maker’s stock worth $97,736,000 after buying an additional 150,555 shares in the last quarter. Tower Research Capital LLC TRC lifted its stake in shares of Intel by 98.5% in the second quarter. Tower Research Capital LLC TRC now owns 314,078 shares of the chip maker’s stock worth $7,035,000 after acquiring an additional 155,844 shares in the last quarter. MUFG Securities EMEA plc boosted its holdings in Intel by 117.5% in the second quarter. MUFG Securities EMEA plc now owns 12,889 shares of the chip maker’s stock valued at $289,000 after purchasing an additional 86,717 shares during the last quarter. Howland Capital Management LLC grew its stake in Intel by 287.8% during the 2nd quarter. Howland Capital Management LLC now owns 38,279 shares of the chip maker’s stock valued at $857,000 after purchasing an additional 28,409 shares in the last quarter. Finally, Corient Private Wealth LLC increased its holdings in Intel by 6.9% during the 2nd quarter. Corient Private Wealth LLC now owns 1,154,685 shares of the chip maker’s stock worth $25,467,000 after purchasing an additional 75,022 shares during the last quarter. 64.53% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

INTC has been the subject of several research analyst reports. UBS Group increased their target price on Intel from $35.00 to $40.00 and gave the company a “neutral” rating in a research note on Monday, October 6th. Deutsche Bank Aktiengesellschaft increased their price objective on shares of Intel from $30.00 to $35.00 and gave the company a “hold” rating in a research note on Friday, October 24th. Truist Financial boosted their target price on shares of Intel from $21.00 to $39.00 and gave the stock a “hold” rating in a research report on Friday, October 24th. Susquehanna increased their price target on shares of Intel from $31.00 to $35.00 and gave the stock a “neutral” rating in a research report on Friday, October 24th. Finally, Northland Securities lifted their price target on Intel from $28.00 to $42.00 in a research note on Friday, September 19th. Two equities research analysts have rated the stock with a Buy rating, twenty-four have given a Hold rating and eight have given a Sell rating to the company. According to data from MarketBeat.com, the company has an average rating of “Reduce” and an average target price of $34.84.

Intel Trading Down 4.3%

NASDAQ INTC opened at $37.81 on Friday. The company has a debt-to-equity ratio of 0.38, a quick ratio of 1.25 and a current ratio of 1.60. Intel Corporation has a one year low of $17.67 and a one year high of $44.02. The company has a 50-day simple moving average of $38.07 and a 200-day simple moving average of $28.77. The firm has a market capitalization of $180.62 billion, a PE ratio of 3,784.78 and a beta of 1.34.

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

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.