Intel Corporation $INTC Shares Acquired by Strs Ohio

Strs Ohio grew its position in shares of Intel Corporation (NASDAQ:INTC) by 8.8% during the 2nd quarter, according to the company in its most recent filing with the SEC. The firm owned 1,707,326 shares of the chip maker’s stock after purchasing an additional 137,504 shares during the quarter. Strs Ohio’s holdings in Intel were worth $38,244,000 as of its most recent filing with the SEC.

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

Analyst Upgrades and Downgrades

Several research firms have weighed in on INTC. Morgan Stanley lifted their price objective on shares of Intel from $23.00 to $36.00 and gave the stock an “equal weight” rating in a research report on Monday, October 20th. New Street Research lifted their price target on Intel from $23.00 to $32.00 in a report on Friday, September 19th. KeyCorp reaffirmed a “sector weight” rating on shares of Intel in a research note on Monday, October 20th. Mizuho lifted their target price on Intel from $39.00 to $41.00 and gave the company a “neutral” rating in a research note on Friday, October 24th. Finally, HSBC boosted their price objective on shares of Intel from $24.00 to $26.00 in a research report on Friday, October 24th. Two equities research analysts have rated the stock with a Buy rating, twenty-four have given a Hold rating and eight have issued a Sell rating to the company. According to MarketBeat, Intel currently has a consensus rating of “Reduce” and an average target price of $33.84.

Intel Trading Down 2.9%

Shares of NASDAQ INTC opened at $40.16 on Friday. The stock has a market cap of $175.78 billion, a price-to-earnings ratio of 4,020.02 and a beta of 1.33. The business has a 50 day simple moving average of $31.71 and a 200 day simple moving average of $24.92. Intel Corporation has a 52 week low of $17.67 and a 52 week high of $42.48. 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 posted its earnings results on Thursday, October 23rd. The chip maker reported $0.23 EPS for the quarter. The company had revenue of $13.65 billion during the quarter, compared to the consensus estimate of $13.10 billion. Intel had a net margin of 0.37% and a negative return on equity of 0.75%. The company’s revenue for the quarter was up 3.0% compared to the same quarter last year. During the same period in the previous year, the firm posted ($0.46) earnings per share. Intel has set its Q4 2025 guidance at 0.080-0.080 EPS. On average, research analysts predict that Intel Corporation will post -0.11 earnings per share for the current fiscal 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.