Quantitative Investment Management LLC Raises Stake in Intel Corporation $INTC

Quantitative Investment Management LLC boosted its holdings in Intel Corporation (NASDAQ:INTC) by 2,748.1% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 682,710 shares of the chip maker’s stock after purchasing an additional 658,739 shares during the quarter. Intel comprises 1.4% of Quantitative Investment Management LLC’s investment portfolio, making the stock its 11th largest holding. Quantitative Investment Management LLC’s holdings in Intel were worth $15,504,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in INTC. Nuveen LLC purchased a new position in shares of Intel during the 1st quarter worth about $538,430,000. Price T Rowe Associates Inc. MD grew its position in shares of Intel by 99.8% during the first quarter. Price T Rowe Associates Inc. MD now owns 29,829,385 shares of the chip maker’s stock worth $677,426,000 after buying an additional 14,901,457 shares in the last quarter. Two Sigma Advisers LP acquired a new position in Intel in the fourth quarter worth $289,752,000. Two Sigma Investments LP bought a new stake in Intel in the fourth quarter valued at $237,457,000. Finally, Goldman Sachs Group Inc. lifted its stake in Intel by 133.3% in the first quarter. Goldman Sachs Group Inc. now owns 18,758,658 shares of the chip maker’s stock valued at $426,009,000 after buying an additional 10,719,274 shares during the last quarter. 64.53% of the stock is currently owned by hedge funds and other institutional investors.

Intel Trading Up 5.5%

NASDAQ:INTC opened at $24.80 on Friday. The company has a debt-to-equity ratio of 0.42, a current ratio of 1.24 and a quick ratio of 0.92. Intel Corporation has a fifty-two week low of $17.67 and a fifty-two week high of $27.55. The stock’s 50-day moving average is $22.15 and its two-hundred day moving average is $21.72. The stock has a market cap of $108.55 billion, a PE ratio of -5.20 and a beta of 1.22.

Intel (NASDAQ:INTC) last released its 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). The business had revenue of $12.86 billion for the quarter, compared to analysts’ expectations of $11.88 billion. Intel had a negative net margin of 38.64% and a negative return on equity of 3.78%. The company’s revenue was up .5% compared to the same quarter last year. During the same period last year, the firm earned $0.02 EPS. Intel has set its Q3 2025 guidance at 0.000-0.000 EPS. As a group, equities research analysts forecast that Intel Corporation will post -0.11 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently weighed in on the stock. Mizuho lifted their price objective on shares of Intel from $22.00 to $23.00 and gave the company a “neutral” rating in a research note on Thursday, July 3rd. JPMorgan Chase & Co. lifted their price objective on shares of Intel from $20.00 to $21.00 and gave the company an “underweight” rating in a research note on Friday, July 25th. Stifel Nicolaus lifted their price objective on shares of Intel from $21.00 to $24.50 and gave the company a “hold” rating in a research note on Monday, July 21st. Citigroup reaffirmed a “hold” rating on shares of Intel in a report on Tuesday, July 8th. Finally, Wall Street Zen lowered Intel from a “hold” rating to a “sell” rating in a report on Saturday, July 26th. One investment analyst has rated the stock with a Buy rating, twenty-three have assigned a Hold rating and five have given a Sell rating to the company. According to MarketBeat.com, the company has an average rating of “Reduce” and an average target price of $22.17.

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.