7,179 Shares in Intel Corporation $INTC Purchased by Hilltop National Bank

Hilltop National Bank bought a new position in shares of Intel Corporation (NASDAQ:INTCFree Report) in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 7,179 shares of the chip maker’s stock, valued at approximately $161,000.

Other institutional investors have also made changes to their positions in the company. Verdence Capital Advisors LLC lifted its holdings in Intel by 1.1% during the 1st quarter. Verdence Capital Advisors LLC now owns 45,682 shares of the chip maker’s stock worth $1,037,000 after buying an additional 486 shares in the last quarter. Independent Wealth Network Inc. increased its position in shares of Intel by 5.2% during the second quarter. Independent Wealth Network Inc. now owns 9,927 shares of the chip maker’s stock worth $222,000 after acquiring an additional 490 shares during the period. Cary Street Partners Investment Advisory LLC raised its stake in shares of Intel by 23.1% in the first quarter. Cary Street Partners Investment Advisory LLC now owns 2,614 shares of the chip maker’s stock valued at $59,000 after acquiring an additional 491 shares in the last quarter. one8zero8 LLC boosted its holdings in Intel by 4.2% in the first quarter. one8zero8 LLC now owns 12,320 shares of the chip maker’s stock valued at $280,000 after purchasing an additional 500 shares during the period. Finally, Indiana Trust & Investment Management Co grew its stake in Intel by 8.4% during the 1st quarter. Indiana Trust & Investment Management Co now owns 6,457 shares of the chip maker’s stock worth $147,000 after purchasing an additional 500 shares in the last quarter. 64.53% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several brokerages have recently issued reports on INTC. Mizuho upped their target price on shares of Intel from $22.00 to $23.00 and gave the company a “neutral” rating in a report on Thursday, July 3rd. Erste Group Bank raised Intel from a “sell” rating to a “hold” rating in a report on Monday, September 22nd. Northland Securities lifted their target price on Intel from $28.00 to $42.00 in a research report on Friday, September 19th. Sanford C. Bernstein reissued a “neutral” rating on shares of Intel in a research report on Thursday. Finally, Loop Capital began coverage on Intel in a research report on Monday, July 21st. They set a “hold” rating and a $25.00 price target on the stock. Two investment analysts have rated the stock with a Buy rating, twenty-four have issued a Hold rating and six have given a Sell rating to the company’s stock. According to MarketBeat, Intel has an average rating of “Reduce” and an average price target of $26.19.

Get Our Latest Report on Intel

Intel Trading Down 1.3%

Shares of INTC opened at $36.83 on Friday. Intel Corporation has a twelve month low of $17.67 and a twelve month high of $38.08. The company has a current ratio of 1.24, a quick ratio of 0.92 and a debt-to-equity ratio of 0.42. The firm has a market capitalization of $161.20 billion, a P/E ratio of -7.72 and a beta of 1.33. The firm’s 50-day moving average is $25.47 and its two-hundred day moving average is $22.79.

Intel (NASDAQ:INTCGet Free Report) last posted its quarterly earnings results on Thursday, July 24th. The chip maker reported ($0.10) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.01 by ($0.11). The company had revenue of $12.86 billion for the quarter, compared to analyst estimates of $11.88 billion. Intel had a negative net margin of 38.64% and a negative return on equity of 3.78%. Intel’s revenue was up .5% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.02 earnings per share. Intel has set its Q3 2025 guidance at 0.000-0.000 EPS. On average, research analysts predict that Intel Corporation will post -0.11 earnings per share for the current fiscal year.

About Intel

(Free Report)

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.

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Institutional Ownership by Quarter for Intel (NASDAQ:INTC)

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