OVERSEA CHINESE BANKING Corp Ltd Buys 271,816 Shares of Intel Corporation $INTC

OVERSEA CHINESE BANKING Corp Ltd raised its holdings in shares of Intel Corporation (NASDAQ:INTC) by 26.8% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 1,285,614 shares of the chip maker’s stock after acquiring an additional 271,816 shares during the quarter. OVERSEA CHINESE BANKING Corp Ltd’s holdings in Intel were worth $28,813,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also modified their holdings of the company. HFM Investment Advisors LLC purchased a new position in shares of Intel during the 1st quarter worth $25,000. N.E.W. Advisory Services LLC purchased a new position in shares of Intel during the 1st quarter worth $25,000. MJT & Associates Financial Advisory Group Inc. purchased a new position in shares of Intel during the 1st quarter worth $27,000. West Branch Capital LLC purchased a new position in shares of Intel during the 2nd quarter worth $28,000. Finally, LFA Lugano Financial Advisors SA purchased a new position in shares of Intel during the 1st quarter worth $30,000. Hedge funds and other institutional investors own 64.53% of the company’s stock.

Intel Stock Up 0.3%

Shares of INTC stock opened at $38.28 on Monday. The stock has a market cap of $167.55 billion, a P/E ratio of 3,831.83 and a beta of 1.33. Intel Corporation has a 52 week low of $17.67 and a 52 week high of $41.12. The company has a quick ratio of 1.25, a current ratio of 1.60 and a debt-to-equity ratio of 0.38. The company’s fifty day simple moving average is $30.37 and its two-hundred day simple moving average is $24.39.

Intel (NASDAQ:INTC) last announced its quarterly earnings results on Thursday, October 23rd. The chip maker reported $0.23 EPS for the quarter. The business had revenue of $13.65 billion for the quarter, compared to analysts’ expectations of $13.10 billion. Intel had a net margin of 0.37% and a negative return on equity of 0.75%. The business’s quarterly revenue was up 3.0% compared to the same quarter last year. During the same quarter in the previous year, the company earned ($0.46) EPS. Intel has set its Q4 2025 guidance at 0.080-0.080 EPS. Analysts predict that Intel Corporation will post -0.11 EPS for the current fiscal year.

Analyst Ratings Changes

A number of research analysts recently weighed in on INTC shares. Northland Securities lifted their target price on shares of Intel from $28.00 to $42.00 in a research note on Friday, September 19th. Cowen restated a “hold” rating on shares of Intel in a research note on Friday. Hsbc Global Res cut shares of Intel from a “hold” rating to a “moderate sell” rating in a research note on Tuesday, October 7th. Citigroup restated a “sell” rating and set a $29.00 target price (up previously from $24.00) on shares of Intel in a research note on Friday, September 19th. Finally, Cantor Fitzgerald lifted their target price on shares of Intel from $36.00 to $40.00 and gave the company a “neutral” rating in a research note on Monday, October 20th. Two research analysts have rated the stock with a Buy rating, twenty-four have issued a Hold rating and eight have given a Sell rating to the company. According to data from MarketBeat.com, Intel presently has a consensus rating of “Reduce” and a consensus target price of $33.65.

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.