Impax Asset Management Group plc Purchases 297,410 Shares of Intel Corporation $INTC

Impax Asset Management Group plc grew its position in shares of Intel Corporation (NASDAQ:INTC) by 1,058.7% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 325,503 shares of the chip maker’s stock after buying an additional 297,410 shares during the quarter. Impax Asset Management Group plc’s holdings in Intel were worth $7,291,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds also recently added to or reduced their stakes in the company. Verdence Capital Advisors LLC increased its holdings in shares of Intel by 1.1% in the 1st quarter. Verdence Capital Advisors LLC now owns 45,682 shares of the chip maker’s stock worth $1,037,000 after purchasing an additional 486 shares in the last quarter. Independent Wealth Network Inc. boosted its position in shares of Intel by 5.2% during the second quarter. Independent Wealth Network Inc. now owns 9,927 shares of the chip maker’s stock valued at $222,000 after buying an additional 490 shares during the last quarter. Cary Street Partners Investment Advisory LLC increased its holdings in Intel by 23.1% in the 1st quarter. Cary Street Partners Investment Advisory LLC now owns 2,614 shares of the chip maker’s stock worth $59,000 after buying an additional 491 shares in the last quarter. one8zero8 LLC raised its position in Intel by 4.2% in the 1st quarter. one8zero8 LLC now owns 12,320 shares of the chip maker’s stock worth $280,000 after buying an additional 500 shares during the last quarter. Finally, Indiana Trust & Investment Management Co lifted its stake in Intel by 8.4% during the 1st quarter. Indiana Trust & Investment Management Co now owns 6,457 shares of the chip maker’s stock valued at $147,000 after acquiring an additional 500 shares during the period. 64.53% of the stock is currently owned by hedge funds and other institutional investors.

Intel Stock Down 5.2%

Shares of INTC stock opened at $35.91 on Friday. The company has a current ratio of 1.60, a quick ratio of 1.25 and a debt-to-equity ratio of 0.38. Intel Corporation has a 12 month low of $17.67 and a 12 month high of $42.48. The stock has a market cap of $171.54 billion, a P/E ratio of 3,594.59 and a beta of 1.31. The company has a 50 day simple moving average of $34.41 and a two-hundred day simple moving average of $26.19.

Intel (NASDAQ:INTC) last issued its quarterly earnings data on Thursday, October 23rd. The chip maker reported $0.23 earnings per share (EPS) 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 during the quarter, compared to the consensus estimate of $13.10 billion. During the same quarter in the previous year, the firm posted ($0.46) EPS. The company’s revenue for the quarter was up 3.0% compared to the same quarter last year. Intel has set its Q4 2025 guidance at 0.080-0.080 EPS. On average, research analysts expect that Intel Corporation will post -0.11 earnings per share for the current year.

Analyst Ratings Changes

A number of analysts have recently issued reports on INTC shares. Bank of America reaffirmed an “underperform” rating and set a $34.00 price target on shares of Intel in a report on Monday, October 13th. New Street Research increased their price objective on shares of Intel from $23.00 to $32.00 in a research report on Friday, September 19th. DZ Bank reaffirmed a “sell” rating on shares of Intel in a research report on Friday, October 24th. Roth Capital boosted their target price on shares of Intel from $30.00 to $40.00 and gave the company a “neutral” rating in a research note on Friday, October 24th. Finally, Evercore ISI increased their price target on Intel from $23.00 to $41.10 in a report on Friday, October 24th. Two research analysts have rated the stock with a Buy rating, twenty-three have issued a Hold rating and eight have issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Reduce” and an average target price 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.