Fifth Third Wealth Advisors LLC Purchases 2,064 Shares of Intel Corporation $INTC

Fifth Third Wealth Advisors LLC raised its position in shares of Intel Corporation (NASDAQ:INTC) by 5.2% during the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 41,987 shares of the chip maker’s stock after acquiring an additional 2,064 shares during the period. Fifth Third Wealth Advisors LLC’s holdings in Intel were worth $941,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also bought and sold shares of the company. Vanguard Group Inc. grew its holdings in shares of Intel by 2.2% in the first quarter. Vanguard Group Inc. now owns 377,390,437 shares of the chip maker’s stock worth $8,570,537,000 after purchasing an additional 8,291,233 shares during the last quarter. Northern Trust Corp grew its holdings in shares of Intel by 0.3% in the first quarter. Northern Trust Corp now owns 45,969,843 shares of the chip maker’s stock worth $1,043,975,000 after purchasing an additional 158,288 shares during the last quarter. Invesco Ltd. grew its holdings in shares of Intel by 1.3% in the first quarter. Invesco Ltd. now owns 43,651,076 shares of the chip maker’s stock worth $991,316,000 after purchasing an additional 562,246 shares during the last quarter. Amundi grew its holdings in shares of Intel by 22.0% in the first quarter. Amundi now owns 37,878,097 shares of the chip maker’s stock worth $849,606,000 after purchasing an additional 6,829,690 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. grew its holdings in shares of Intel by 3.2% in the first quarter. Charles Schwab Investment Management Inc. now owns 35,025,596 shares of the chip maker’s stock worth $795,431,000 after purchasing an additional 1,086,836 shares during the last quarter. Institutional investors own 64.53% of the company’s stock.

Wall Street Analysts Forecast Growth

INTC has been the topic of a number of research analyst reports. Rosenblatt Securities restated a “sell” rating and issued a $14.00 price target on shares of Intel in a report on Friday, July 25th. Loop Capital initiated coverage on shares of Intel in a report on Monday, July 21st. They issued a “hold” rating and a $25.00 price target on the stock. Mizuho increased their target price on shares of Intel from $22.00 to $23.00 and gave the stock a “neutral” rating in a report on Thursday, July 3rd. TD Cowen increased their target price on shares of Intel from $20.00 to $35.00 and gave the stock a “hold” rating in a report on Friday. Finally, Hsbc Global Res cut shares of Intel from a “hold” rating to a “moderate sell” rating in a report on Tuesday, October 7th. Two equities research analysts have rated the stock with a Buy rating, twenty-three have assigned a Hold rating and seven have issued a Sell rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Reduce” and a consensus price target of $26.63.

Intel Stock Down 3.6%

NASDAQ:INTC opened at $36.44 on Friday. Intel Corporation has a fifty-two week low of $17.67 and a fifty-two week high of $39.65. The stock has a market capitalization of $159.49 billion, a P/E ratio of -7.64 and a beta of 1.33. The company has a debt-to-equity ratio of 0.42, a quick ratio of 0.92 and a current ratio of 1.24. The company’s 50-day simple moving average is $27.17 and its 200-day simple moving average is $23.24.

Intel (NASDAQ:INTC) last released its quarterly earnings results on Thursday, July 24th. The chip maker reported ($0.10) earnings per share 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 firm had revenue of $12.86 billion during the quarter, compared to the consensus estimate of $11.88 billion. During the same quarter in the prior year, the business posted $0.02 earnings per share. The firm’s quarterly revenue was up .5% on a year-over-year basis. Intel has set its Q3 2025 guidance at 0.000-0.000 EPS. On average, equities 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.