Schulhoff & Co. Inc. Sells 2,000 Shares of Intel Corporation $INTC

Schulhoff & Co. Inc. reduced its stake in Intel Corporation (NASDAQ:INTC) by 8.8% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 20,831 shares of the chip maker’s stock after selling 2,000 shares during the quarter. Schulhoff & Co. Inc.’s holdings in Intel were worth $467,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in INTC. Nuveen LLC acquired a new position in shares of Intel in the first quarter worth approximately $538,430,000. Kingstone Capital Partners Texas LLC acquired a new position in shares of Intel in the second quarter worth approximately $345,245,000. Price T Rowe Associates Inc. MD lifted its stake in shares of Intel by 99.8% in the first quarter. Price T Rowe Associates Inc. MD now owns 29,829,385 shares of the chip maker’s stock worth $677,426,000 after acquiring an additional 14,901,457 shares during the period. Goldman Sachs Group Inc. lifted its stake in shares of Intel by 133.3% in the first quarter. Goldman Sachs Group Inc. now owns 18,758,658 shares of the chip maker’s stock worth $426,009,000 after acquiring an additional 10,719,274 shares during the period. Finally, Assenagon Asset Management S.A. lifted its stake in shares of Intel by 86.4% in the second quarter. Assenagon Asset Management S.A. now owns 22,705,050 shares of the chip maker’s stock worth $508,593,000 after acquiring an additional 10,523,590 shares during the period. 64.53% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of equities analysts recently commented on INTC shares. HSBC reaffirmed a “reduce” rating and issued a $24.00 price objective (up from $21.25) on shares of Intel in a research note on Tuesday, October 7th. Seaport Res Ptn raised Intel from a “strong sell” rating to a “hold” rating in a research note on Wednesday, September 24th. Morgan Stanley boosted their price target on Intel from $23.00 to $36.00 and gave the company an “equal weight” rating in a research note on Monday. Cantor Fitzgerald boosted their price target on Intel from $36.00 to $40.00 and gave the company a “neutral” rating in a research note on Monday. Finally, Stifel Nicolaus boosted their price target on Intel from $21.00 to $24.50 and gave the company a “hold” rating in a research note on Monday, July 21st. Two equities research analysts have rated the stock with a Buy rating, twenty-three have assigned a Hold rating and seven have issued a Sell rating to the company. According to MarketBeat.com, Intel currently has a consensus rating of “Reduce” and a consensus target price of $29.22.

Intel Price Performance

Shares of NASDAQ:INTC opened at $38.12 on Wednesday. The company has a quick ratio of 0.92, a current ratio of 1.24 and a debt-to-equity ratio of 0.42. Intel Corporation has a twelve month low of $17.67 and a twelve month high of $39.65. The stock’s 50 day moving average is $29.52 and its 200-day moving average is $23.97. The firm has a market capitalization of $166.85 billion, a price-to-earnings ratio of -7.99 and a beta of 1.33.

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