TriaGen Wealth Management LLC Lowers Stock Position in Intel Corporation $INTC

TriaGen Wealth Management LLC trimmed its holdings in shares of Intel Corporation (NASDAQ:INTC) by 1.4% in the second quarter, HoldingsChannel.com reports. The institutional investor owned 94,911 shares of the chip maker’s stock after selling 1,300 shares during the period. TriaGen Wealth Management LLC’s holdings in Intel were worth $2,126,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also modified their holdings of the company. N.E.W. Advisory Services LLC acquired a new position in Intel during the first quarter worth $25,000. HFM Investment Advisors LLC acquired a new position in shares of Intel during the 1st quarter worth $25,000. MJT & Associates Financial Advisory Group Inc. acquired a new position in shares of Intel during the 1st quarter worth $27,000. West Branch Capital LLC purchased a new position in shares of Intel in the 2nd quarter valued at about $28,000. Finally, LFA Lugano Financial Advisors SA acquired a new stake in shares of Intel in the first quarter valued at about $30,000. 64.53% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several research analysts have weighed in on INTC shares. Barclays upped their target price on shares of Intel from $19.00 to $25.00 and gave the stock an “equal weight” rating in a research report on Friday, September 19th. UBS Group upped their price target on Intel from $35.00 to $40.00 and gave the stock a “neutral” rating in a report on Monday. Rosenblatt Securities reaffirmed a “sell” rating and set a $14.00 price objective on shares of Intel in a report on Friday, July 25th. New Street Research boosted their target price on Intel from $23.00 to $32.00 in a research report on Friday, September 19th. Finally, Needham & Company LLC reissued a “hold” rating on shares of Intel in a report on Friday, July 25th. Two equities research 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. Based on data from MarketBeat, the stock currently has a consensus rating of “Reduce” and a consensus target price of $26.40.

Intel Price Performance

INTC stock opened at $36.59 on Tuesday. The stock’s 50 day moving average price is $25.79 and its 200 day moving average price is $22.86. The firm has a market cap of $160.15 billion, a P/E ratio of -7.67 and a beta of 1.33. 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 1 year low of $17.67 and a 1 year high of $38.68.

Intel (NASDAQ:INTC) last released its quarterly 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). Intel had a negative return on equity of 3.78% and a negative net margin of 38.64%.The company had revenue of $12.86 billion for the quarter, compared to analysts’ expectations of $11.88 billion. During the same period in the previous year, the business posted $0.02 EPS. The business’s quarterly revenue was up .5% on a year-over-year basis. Intel has set its Q3 2025 guidance at 0.000-0.000 EPS. On average, sell-side analysts expect that Intel Corporation will post -0.11 earnings per share for the current fiscal 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.