West Tower Group LLC Purchases Shares of 24,300 Intel Corporation $INTC

West Tower Group LLC acquired a new position in shares of Intel Corporation (NASDAQ:INTCFree Report) during the 3rd quarter, HoldingsChannel.com reports. The institutional investor acquired 24,300 shares of the chip maker’s stock, valued at approximately $815,000. Intel accounts for about 2.4% of West Tower Group LLC’s holdings, making the stock its 16th biggest position.

A number of other institutional investors have also modified their holdings of the business. AlphaQuest LLC lifted its stake in shares of Intel by 895.3% in the 1st quarter. AlphaQuest LLC now owns 5,932 shares of the chip maker’s stock worth $135,000 after acquiring an additional 5,336 shares during the period. Gabelli Funds LLC grew its position in shares of Intel by 66.0% in the first quarter. Gabelli Funds LLC now owns 201,233 shares of the chip maker’s stock valued at $4,570,000 after purchasing an additional 80,000 shares during the last quarter. Gamco Investors INC. ET AL increased its position in Intel by 7.5% during the first quarter. Gamco Investors INC. ET AL now owns 12,229 shares of the chip maker’s stock worth $278,000 after buying an additional 854 shares in the last quarter. OMERS ADMINISTRATION Corp purchased a new stake in Intel during the 1st quarter worth about $2,018,000. Finally, Canada Pension Plan Investment Board raised its position in shares of Intel by 0.9% in the first quarter. Canada Pension Plan Investment Board now owns 4,535,504 shares of the chip maker’s stock valued at $103,001,000 after buying an additional 42,198 shares during the last quarter. 64.53% of the stock is owned by institutional investors and hedge funds.

Intel Stock Up 0.1%

INTC opened at $36.20 on Friday. The stock’s fifty day moving average is $37.99 and its 200-day moving average is $29.85. Intel Corporation has a one year low of $17.67 and a one year high of $44.02. The company has a market capitalization of $172.93 billion, a PE ratio of 3,623.62 and a beta of 1.34. 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:INTCGet Free Report) last announced 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 company had revenue of $13.65 billion for the quarter, compared to analysts’ expectations of $13.10 billion. During the same quarter in the previous year, the company posted ($0.46) EPS. The business’s revenue 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, equities analysts predict that Intel Corporation will post -0.11 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several equities analysts recently commented on INTC shares. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Intel in a research report on Monday. UBS Group boosted their price target on Intel from $35.00 to $40.00 and gave the stock a “neutral” rating in a research report on Monday, October 6th. Deutsche Bank Aktiengesellschaft raised their target price on Intel from $30.00 to $35.00 and gave the company a “hold” rating in a research note on Friday, October 24th. New Street Research lifted their price target on shares of Intel from $23.00 to $32.00 in a research note on Friday, September 19th. Finally, Evercore ISI increased their target price on shares of Intel from $23.00 to $41.10 in a report on Friday, October 24th. Two 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 data from MarketBeat, the stock has an average rating of “Reduce” and a consensus target price of $34.84.

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Intel Profile

(Free Report)

Intel Corporation, founded in 1968 by Robert Noyce and Gordon E. Moore and headquartered in Santa Clara, California, is a leading global designer and manufacturer of semiconductor products. The company is historically notable for introducing the first commercial microprocessor and for driving the x86 architecture that underpins many personal computers and servers. Intel’s core business spans the design, fabrication and marketing of processors, chipsets and related components for a wide range of computing applications.

Intel’s product portfolio includes client and mobile processors marketed under brands such as Intel Core and Pentium, as well as high-performance Xeon processors for data centers and cloud infrastructure.

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Institutional Ownership by Quarter for Intel (NASDAQ:INTC)

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