HB Wealth Management LLC Lowers Stake in Intel Corporation $INTC

HB Wealth Management LLC reduced its stake in shares of Intel Corporation (NASDAQ:INTC) by 14.0% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 174,021 shares of the chip maker’s stock after selling 28,443 shares during the quarter. HB Wealth Management LLC’s holdings in Intel were worth $3,898,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in the stock. N.E.W. Advisory Services LLC bought a new position in Intel during the 1st quarter worth about $25,000. HFM Investment Advisors LLC bought a new position in Intel during the 1st quarter worth about $25,000. MJT & Associates Financial Advisory Group Inc. bought a new position in Intel during the 1st quarter worth about $27,000. West Branch Capital LLC bought a new position in Intel during the 2nd quarter worth about $28,000. Finally, LFA Lugano Financial Advisors SA bought a new position in Intel during the 1st quarter worth about $30,000. 64.53% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

INTC has been the topic of several recent research reports. Barclays increased their target price on shares of Intel from $19.00 to $25.00 and gave the stock an “equal weight” rating in a report on Friday, September 19th. Stifel Nicolaus increased their target price on shares of Intel from $21.00 to $24.50 and gave the stock a “hold” rating in a report on Monday, July 21st. Wall Street Zen upgraded shares of Intel from a “sell” rating to a “hold” rating in a report on Saturday, September 13th. Roth Capital reiterated a “neutral” rating and set a $30.00 target price on shares of Intel in a report on Thursday, September 18th. Finally, Cantor Fitzgerald increased their target price on shares of Intel from $26.00 to $36.00 and gave the stock a “neutral” rating in a report on Friday, September 19th. Two research analysts have rated the stock with a Buy rating, twenty-four have issued a Hold rating and five have assigned a Sell rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Reduce” and an average price target of $26.19.

Intel Stock Performance

Shares of Intel stock opened at $35.94 on Thursday. The firm has a market capitalization of $157.31 billion, a P/E ratio of -7.53 and a beta of 1.33. 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 company has a 50 day moving average price of $24.85 and a 200 day moving average price of $22.64. Intel Corporation has a 52 week low of $17.67 and a 52 week high of $36.30.

Intel (NASDAQ:INTC) last announced its quarterly earnings data on Thursday, July 24th. The chip maker reported ($0.10) EPS for the quarter, missing the consensus estimate of $0.01 by ($0.11). The company had revenue of $12.86 billion during 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 business’s revenue for the quarter was up .5% compared to the same quarter last year. During the same period in the previous year, the business earned $0.02 earnings per share. Intel has set its Q3 2025 guidance at 0.000-0.000 EPS. Sell-side analysts expect that Intel Corporation will post -0.11 EPS for the current 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.