LGT Financial Advisors LLC Buys 871 Shares of Intel Corporation $INTC

LGT Financial Advisors LLC raised its position in shares of Intel Corporation (NASDAQ:INTC) by 93.9% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 1,799 shares of the chip maker’s stock after acquiring an additional 871 shares during the quarter. LGT Financial Advisors LLC’s holdings in Intel were worth $40,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Verdence Capital Advisors LLC boosted its position in shares of Intel by 1.1% during the first quarter. Verdence Capital Advisors LLC now owns 45,682 shares of the chip maker’s stock valued at $1,037,000 after purchasing an additional 486 shares in the last quarter. Independent Wealth Network Inc. lifted its position in 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 period. Cary Street Partners Investment Advisory LLC lifted its position in Intel by 23.1% during the first quarter. Cary Street Partners Investment Advisory LLC now owns 2,614 shares of the chip maker’s stock valued at $59,000 after buying an additional 491 shares during the period. one8zero8 LLC boosted its holdings in shares of Intel by 4.2% during the 1st quarter. one8zero8 LLC now owns 12,320 shares of the chip maker’s stock valued at $280,000 after buying an additional 500 shares in the last quarter. Finally, Indiana Trust & Investment Management Co grew its position in shares of Intel by 8.4% in the 1st quarter. Indiana Trust & Investment Management Co now owns 6,457 shares of the chip maker’s stock worth $147,000 after buying an additional 500 shares during the period. Hedge funds and other institutional investors own 64.53% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts recently commented on the stock. KeyCorp reissued a “sector weight” rating on shares of Intel in a research note on Monday. Weiss Ratings reissued a “sell (d)” rating on shares of Intel in a research report on Wednesday, October 8th. Hsbc Global Res lowered Intel from a “hold” rating to a “moderate sell” rating in a research report on Tuesday, October 7th. TD Cowen lifted their price objective on Intel from $20.00 to $35.00 and gave the company a “hold” rating in a research note on Friday, October 10th. Finally, UBS Group increased their target price on Intel from $35.00 to $40.00 and gave the stock a “neutral” rating in a research note on Monday, October 6th. Two equities research analysts have rated the stock with a Buy rating, twenty-three have given a Hold rating and seven have given a Sell rating to the stock. According to MarketBeat, the stock presently has an average rating of “Reduce” and an average target price of $29.22.

Intel Stock Performance

INTC stock opened at $38.10 on Tuesday. The stock’s 50 day simple moving average is $29.19 and its 200 day simple moving average is $23.87. The company has a current ratio of 1.24, a quick ratio of 0.92 and a debt-to-equity ratio of 0.42. Intel Corporation has a 12-month low of $17.67 and a 12-month high of $39.65. The stock has a market capitalization of $166.76 billion, a PE ratio of -7.99 and a beta of 1.33.

Intel (NASDAQ:INTC) last posted its quarterly earnings results on Thursday, July 24th. The chip maker reported ($0.10) earnings per share for the quarter, missing the consensus estimate of $0.01 by ($0.11). Intel had a negative return on equity of 3.78% and a negative net margin of 38.64%.The business had revenue of $12.86 billion during the quarter, compared to analysts’ expectations of $11.88 billion. During the same quarter in the prior year, the firm earned $0.02 EPS. The firm’s revenue for the quarter was up .5% compared to the same quarter last year. Intel has set its Q3 2025 guidance at 0.000-0.000 EPS. As a group, research analysts forecast that Intel Corporation will post -0.11 earnings per share for the current fiscal year.

Intel Company 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.