Frank Rimerman Advisors LLC Grows Holdings in Intel Corporation $INTC

Frank Rimerman Advisors LLC lifted its stake in shares of Intel Corporation (NASDAQ:INTC) by 26.1% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 32,476 shares of the chip maker’s stock after buying an additional 6,731 shares during the quarter. Frank Rimerman Advisors LLC’s holdings in Intel were worth $727,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also recently added to or reduced their stakes in the stock. Westbourne Investments Inc. raised its position in shares of Intel by 319.4% during the 1st quarter. Westbourne Investments Inc. now owns 71,425 shares of the chip maker’s stock valued at $1,622,000 after acquiring an additional 54,395 shares in the last quarter. Pacific Wealth Management bought a new stake in Intel during the second quarter valued at $1,593,000. Econ Financial Services Corp acquired a new stake in shares of Intel during the second quarter worth $754,000. Y Intercept Hong Kong Ltd lifted its position in shares of Intel by 6,865.7% in the 2nd quarter. Y Intercept Hong Kong Ltd now owns 1,151,425 shares of the chip maker’s stock worth $25,792,000 after buying an additional 1,134,895 shares during the last quarter. Finally, First Bancorp Inc ME acquired a new position in shares of Intel in the 2nd quarter valued at about $207,000. 64.53% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

INTC has been the topic of several research reports. DZ Bank reiterated a “sell” rating on shares of Intel in a research note on Friday, October 24th. Cowen reaffirmed a “hold” rating on shares of Intel in a report on Friday, October 24th. TD Cowen raised their price target on Intel from $35.00 to $38.00 and gave the stock a “hold” rating in a report on Friday, October 24th. Loop Capital boosted their price objective on Intel from $25.00 to $40.00 and gave the company a “hold” rating in a research report on Friday, October 24th. Finally, Barclays increased their target price on Intel from $25.00 to $35.00 and gave the stock an “equal weight” rating in a research report on Friday, October 24th. Two investment analysts have rated the stock with a Buy rating, twenty-three have given a Hold rating and eight have issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Reduce” and an average target price of $34.84.

Intel Stock Up 2.3%

INTC opened at $35.11 on Thursday. The stock’s 50 day moving average price is $35.24 and its 200 day moving average price is $26.64. The company has a debt-to-equity ratio of 0.38, a current ratio of 1.60 and a quick ratio of 1.25. The stock has a market cap of $167.72 billion, a P/E ratio of 3,514.51 and a beta of 1.31. Intel Corporation has a 12 month low of $17.67 and a 12 month high of $42.48.

Intel (NASDAQ:INTC) last released its quarterly earnings results on Thursday, October 23rd. The chip maker reported $0.23 earnings per share (EPS) for the quarter. The company had revenue of $13.65 billion during the quarter, compared to analysts’ expectations of $13.10 billion. Intel had a negative return on equity of 0.75% and a net margin of 0.37%.The company’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 business posted ($0.46) earnings per share. Intel has set its Q4 2025 guidance at 0.080-0.080 EPS. As a group, research analysts predict 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.