Intel Corporation $INTC Shares Sold by Mather Group LLC.

Mather Group LLC. decreased its holdings in shares of Intel Corporation (NASDAQ:INTC) by 14.6% during the 2nd quarter, HoldingsChannel.com reports. The firm owned 9,818 shares of the chip maker’s stock after selling 1,680 shares during the period. Mather Group LLC.’s holdings in Intel were worth $220,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in INTC. Nuveen LLC acquired a new position in Intel during the 1st quarter worth approximately $538,430,000. Kingstone Capital Partners Texas LLC acquired a new position in Intel during the 2nd quarter worth approximately $345,245,000. Price T Rowe Associates Inc. MD grew its holdings in shares of Intel by 99.8% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 29,829,385 shares of the chip maker’s stock worth $677,426,000 after acquiring an additional 14,901,457 shares during the period. Goldman Sachs Group Inc. grew its holdings in shares of Intel by 133.3% in the 1st quarter. Goldman Sachs Group Inc. now owns 18,758,658 shares of the chip maker’s stock worth $426,009,000 after acquiring an additional 10,719,274 shares during the period. Finally, Assenagon Asset Management S.A. grew its holdings in shares of Intel by 86.4% in the 2nd quarter. Assenagon Asset Management S.A. now owns 22,705,050 shares of the chip maker’s stock worth $508,593,000 after acquiring an additional 10,523,590 shares during the period. Institutional investors and hedge funds own 64.53% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently weighed in on the company. Northland Securities upped their price target on Intel from $28.00 to $42.00 in a report on Friday, September 19th. Wall Street Zen upgraded Intel from a “sell” rating to a “hold” rating in a report on Saturday, September 13th. Citigroup restated a “sell” rating and issued a $29.00 price target (up previously from $24.00) on shares of Intel in a report on Friday, September 19th. Sanford C. Bernstein restated a “market perform” rating on shares of Intel in a report on Tuesday, August 19th. Finally, Erste Group Bank upgraded Intel from a “sell” rating to a “hold” rating in a report on Monday, September 22nd. Two research analysts have rated the stock with a Buy rating, twenty-four have given a Hold rating and five have assigned a Sell rating to the company. Based on data from MarketBeat.com, Intel presently has an average rating of “Reduce” and a consensus target price of $25.90.

Intel Price Performance

INTC stock opened at $35.50 on Friday. Intel Corporation has a 52-week low of $17.67 and a 52-week high of $36.30. The stock’s fifty day simple moving average is $24.17 and its 200-day simple moving average is $22.41. The company has a quick ratio of 0.92, a current ratio of 1.24 and a debt-to-equity ratio of 0.42. The stock has a market capitalization of $155.38 billion, a price-to-earnings ratio of -7.44 and a beta of 1.23.

Intel (NASDAQ:INTC) last posted its quarterly earnings data on Thursday, July 24th. The chip maker reported ($0.10) earnings per share (EPS) 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 for the quarter, compared to analyst estimates of $11.88 billion. During the same quarter last year, the business earned $0.02 EPS. Intel’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. Equities research analysts expect that Intel Corporation will post -0.11 EPS for the current 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.