SteelPeak Wealth LLC Cuts Stock Holdings in Intel Corporation $INTC

SteelPeak Wealth LLC decreased its stake in shares of Intel Corporation (NASDAQ:INTC) by 2.7% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 413,267 shares of the chip maker’s stock after selling 11,271 shares during the period. SteelPeak Wealth LLC’s holdings in Intel were worth $9,257,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also bought and sold shares of INTC. N.E.W. Advisory Services LLC purchased a new position in Intel in the first quarter worth $25,000. HFM Investment Advisors LLC purchased a new position in Intel in the first quarter worth $25,000. MJT & Associates Financial Advisory Group Inc. purchased a new position in Intel in the first quarter worth $27,000. West Branch Capital LLC purchased a new position in Intel in the second quarter worth $28,000. Finally, LFA Lugano Financial Advisors SA purchased a new position in Intel in the first quarter worth $30,000. Hedge funds and other institutional investors own 64.53% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts have weighed in on INTC shares. Deutsche Bank Aktiengesellschaft boosted their price objective on Intel from $23.00 to $30.00 and gave the stock a “hold” rating in a research report on Monday, September 29th. Sanford C. Bernstein restated a “neutral” rating on shares of Intel in a research note on Thursday, October 2nd. Mizuho boosted their target price on Intel from $22.00 to $23.00 and gave the company a “neutral” rating in a research note on Thursday, July 3rd. Northland Securities boosted their target price on Intel from $28.00 to $42.00 in a research note on Friday, September 19th. Finally, Erste Group Bank upgraded Intel from a “sell” rating to a “hold” rating in a research note on Monday, September 22nd. Two analysts have rated the stock with a Buy rating, twenty-four have given a Hold rating and six have assigned a Sell rating to the company. According to data from MarketBeat.com, Intel has an average rating of “Reduce” and an average target price of $26.40.

Intel Stock Performance

NASDAQ:INTC opened at $36.59 on Tuesday. The company has a debt-to-equity ratio of 0.42, a quick ratio of 0.92 and a current ratio of 1.24. Intel Corporation has a 52-week low of $17.67 and a 52-week high of $38.68. The firm has a market cap of $160.15 billion, a price-to-earnings ratio of -7.67 and a beta of 1.33. The business’s fifty day moving average is $25.79 and its 200 day moving average is $22.86.

Intel (NASDAQ:INTC) last released its quarterly earnings data 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 the consensus estimate 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 quarter in the previous year, the firm posted $0.02 earnings per share. Intel has set its Q3 2025 guidance at 0.000-0.000 EPS. Research analysts predict that Intel Corporation will post -0.11 EPS for the current year.

Intel 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.