Shell Asset Management Co. Grows Stock Holdings in Intel Corporation $INTC

Shell Asset Management Co. lifted its position in shares of Intel Corporation (NASDAQ:INTC) by 124.0% during the second quarter, Holdings Channel reports. The institutional investor owned 93,577 shares of the chip maker’s stock after purchasing an additional 51,801 shares during the period. Shell Asset Management Co.’s holdings in Intel were worth $2,096,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of the company. Joel Isaacson & Co. LLC lifted its stake in shares of Intel by 2.7% during the 2nd quarter. Joel Isaacson & Co. LLC now owns 35,170 shares of the chip maker’s stock valued at $788,000 after buying an additional 919 shares in the last quarter. Laraway Financial Advisors Inc lifted its stake in shares of Intel by 8.6% during the 2nd quarter. Laraway Financial Advisors Inc now owns 12,571 shares of the chip maker’s stock valued at $282,000 after buying an additional 1,000 shares in the last quarter. KLP Kapitalforvaltning AS increased its holdings in Intel by 6.4% in the 2nd quarter. KLP Kapitalforvaltning AS now owns 1,558,908 shares of the chip maker’s stock valued at $34,920,000 after acquiring an additional 93,900 shares during the last quarter. RMG Wealth Management LLC purchased a new stake in Intel in the 2nd quarter worth $36,000. Finally, Cedar Mountain Advisors LLC lifted its stake in Intel by 17.4% in the 2nd quarter. Cedar Mountain Advisors LLC now owns 3,381 shares of the chip maker’s stock worth $76,000 after purchasing an additional 500 shares in the last quarter. Hedge funds and other institutional investors own 64.53% of the company’s stock.

Intel Stock Performance

Shares of NASDAQ:INTC opened at $37.43 on Thursday. The company has a market capitalization of $163.83 billion, a price-to-earnings ratio of -7.85 and a beta of 1.33. Intel Corporation has a 12 month low of $17.67 and a 12 month high of $38.68. The firm’s 50-day moving average is $26.46 and its 200 day moving average is $23.06. The company has a current ratio of 1.24, a quick ratio of 0.92 and a debt-to-equity ratio of 0.42.

Intel (NASDAQ:INTC) last issued its quarterly earnings results 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 firm 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% on a year-over-year basis. During the same quarter in the previous year, the company 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.

Wall Street Analyst Weigh In

INTC has been the topic of several research analyst reports. Citigroup reiterated a “sell” rating and issued a $29.00 price target (up previously from $24.00) on shares of Intel in a research note on Friday, September 19th. Stifel Nicolaus boosted their price target on shares of Intel from $21.00 to $24.50 and gave the stock a “hold” rating in a research note on Monday, July 21st. Roth Capital reiterated a “neutral” rating and issued a $30.00 price target on shares of Intel in a research note on Thursday, September 18th. HSBC restated a “reduce” rating and issued a $24.00 target price (up from $21.25) on shares of Intel in a report on Tuesday. Finally, New Street Research boosted their target price on shares of Intel from $23.00 to $32.00 in a report on Friday, September 19th. Two research analysts have rated the stock with a Buy rating, twenty-three have given a Hold rating and seven have assigned a Sell rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Reduce” and an average target price of $26.30.

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.