Grantham Mayo Van Otterloo & Co. LLC Sells 561,285 Shares of Intel Corporation $INTC

Grantham Mayo Van Otterloo & Co. LLC trimmed its position in Intel Corporation (NASDAQ:INTC) by 28.2% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 1,429,102 shares of the chip maker’s stock after selling 561,285 shares during the quarter. Grantham Mayo Van Otterloo & Co. LLC’s holdings in Intel were worth $32,012,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Groupama Asset Managment lifted its position in shares of Intel by 16.2% during the 2nd quarter. Groupama Asset Managment now owns 67,207 shares of the chip maker’s stock worth $1,525,000 after buying an additional 9,346 shares during the last quarter. State Board of Administration of Florida Retirement System raised its stake in Intel by 1.1% during the second quarter. State Board of Administration of Florida Retirement System now owns 4,225,755 shares of the chip maker’s stock worth $94,657,000 after acquiring an additional 44,426 shares in the last quarter. Elevation Point Wealth Partners LLC lifted its holdings in shares of Intel by 30.4% in the second quarter. Elevation Point Wealth Partners LLC now owns 14,153 shares of the chip maker’s stock worth $317,000 after acquiring an additional 3,297 shares during the last quarter. Quadrant Capital Group LLC boosted its stake in shares of Intel by 27.9% in the 2nd quarter. Quadrant Capital Group LLC now owns 76,958 shares of the chip maker’s stock valued at $1,724,000 after purchasing an additional 16,790 shares in the last quarter. Finally, Russell Investments Group Ltd. grew its holdings in shares of Intel by 4.3% during the 2nd quarter. Russell Investments Group Ltd. now owns 2,066,086 shares of the chip maker’s stock valued at $46,407,000 after purchasing an additional 84,763 shares during the last quarter. 64.53% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several equities analysts recently commented on INTC shares. Truist Financial increased their price objective on shares of Intel from $21.00 to $39.00 and gave the company a “hold” rating in a research note on Friday, October 24th. Sanford C. Bernstein reissued a “neutral” rating on shares of Intel in a report on Tuesday, November 18th. Wall Street Zen upgraded Intel from a “sell” rating to a “hold” rating in a research report on Saturday, September 13th. New Street Research boosted their price target on Intel from $23.00 to $32.00 in a report on Friday, September 19th. Finally, Loop Capital upped their price objective on Intel from $25.00 to $40.00 and gave the company a “hold” rating in a research note on Friday, October 24th. Two investment analysts have rated the stock with a Buy rating, twenty-four have assigned a Hold rating and eight have given a Sell rating to the stock. According to MarketBeat, the company currently has an average rating of “Reduce” and an average target price of $34.84.

Intel Price Performance

Shares of INTC opened at $36.81 on Friday. The firm has a market cap of $175.84 billion, a PE ratio of 3,684.68 and a beta of 1.31. Intel Corporation has a 52-week low of $17.67 and a 52-week high of $42.48. The business’s 50 day moving average price is $36.43 and its two-hundred day moving average price is $27.22. 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 (NASDAQ:INTC) last issued its earnings results on Thursday, October 23rd. The chip maker reported $0.23 earnings per share (EPS) for the quarter. The business 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%. Intel’s revenue was up 3.0% on a year-over-year basis. During the same period in the prior year, the firm earned ($0.46) earnings per share. Intel has set its Q4 2025 guidance at 0.080-0.080 EPS. On average, equities analysts anticipate that Intel Corporation will post -0.11 EPS for the current year.

Intel 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.