Intel Corporation $INTC Shares Acquired by Nordea Investment Management AB

Nordea Investment Management AB lifted its stake in shares of Intel Corporation (NASDAQ:INTC) by 6.7% in the second quarter, HoldingsChannel.com reports. The institutional investor owned 431,002 shares of the chip maker’s stock after purchasing an additional 26,998 shares during the period. Nordea Investment Management AB’s holdings in Intel were worth $9,624,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Vanguard Group Inc. boosted its holdings in Intel by 2.2% in the first quarter. Vanguard Group Inc. now owns 377,390,437 shares of the chip maker’s stock valued at $8,570,537,000 after purchasing an additional 8,291,233 shares in the last quarter. Northern Trust Corp boosted its holdings in Intel by 0.3% in the first quarter. Northern Trust Corp now owns 45,969,843 shares of the chip maker’s stock valued at $1,043,975,000 after purchasing an additional 158,288 shares in the last quarter. Invesco Ltd. boosted its holdings in Intel by 1.3% in the first quarter. Invesco Ltd. now owns 43,651,076 shares of the chip maker’s stock valued at $991,316,000 after purchasing an additional 562,246 shares in the last quarter. Amundi boosted its holdings in Intel by 22.0% in the first quarter. Amundi now owns 37,878,097 shares of the chip maker’s stock valued at $849,606,000 after purchasing an additional 6,829,690 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. boosted its holdings in 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 valued at $795,431,000 after purchasing an additional 1,086,836 shares in the last quarter. 64.53% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of equities analysts recently issued reports on INTC shares. Bank of America reaffirmed an “underperform” rating and issued a $34.00 price target on shares of Intel in a report on Monday, October 13th. HSBC reiterated a “reduce” rating and issued a $24.00 price objective (up previously from $21.25) on shares of Intel in a research note on Tuesday, October 7th. Susquehanna boosted their price objective on Intel from $22.00 to $31.00 and gave the company a “neutral” rating in a research note on Wednesday, October 15th. Cantor Fitzgerald boosted their price objective on Intel from $26.00 to $36.00 and gave the company a “neutral” rating in a research note on Friday, September 19th. Finally, Wells Fargo & Company boosted their price objective on Intel from $22.00 to $30.00 and gave the company an “equal weight” rating in a research note on Wednesday, October 15th. Two equities research analysts have rated the stock with a Buy rating, twenty-two have given a Hold rating and seven have assigned a Sell rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Reduce” and an average price target of $28.54.

Intel Stock Up 0.5%

Shares of Intel stock opened at $37.01 on Monday. The company has a market cap of $161.99 billion, a P/E ratio of -7.76 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. Intel Corporation has a one year low of $17.67 and a one year high of $39.65. The firm has a fifty day moving average of $28.85 and a two-hundred day moving average of $23.74.

Intel (NASDAQ:INTC) last announced its quarterly earnings data on Thursday, July 24th. The chip maker reported ($0.10) EPS for the quarter, missing analysts’ consensus estimates of $0.01 by ($0.11). The firm had revenue of $12.86 billion for the quarter, compared to analysts’ expectations of $11.88 billion. Intel had a negative return on equity of 3.78% and a negative net margin of 38.64%.The firm’s quarterly revenue was up .5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.02 EPS. Intel has set its Q3 2025 guidance at 0.000-0.000 EPS. On average, 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.