Cullen Frost Bankers Inc. Has $2 Million Stock Holdings in Intel Corporation $INTC

Cullen Frost Bankers Inc. lifted its position in Intel Corporation (NASDAQ:INTC) by 5.5% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 89,111 shares of the chip maker’s stock after acquiring an additional 4,656 shares during the period. Cullen Frost Bankers Inc.’s holdings in Intel were worth $1,996,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of the company. Vanguard Group Inc. increased its stake in Intel by 2.2% during the 1st quarter. Vanguard Group Inc. now owns 377,390,437 shares of the chip maker’s stock worth $8,570,537,000 after purchasing an additional 8,291,233 shares in the last quarter. Northern Trust Corp increased its stake in Intel by 0.3% during the 1st quarter. Northern Trust Corp now owns 45,969,843 shares of the chip maker’s stock worth $1,043,975,000 after purchasing an additional 158,288 shares in the last quarter. Invesco Ltd. increased its stake in Intel by 1.3% during the 1st quarter. Invesco Ltd. now owns 43,651,076 shares of the chip maker’s stock worth $991,316,000 after purchasing an additional 562,246 shares in the last quarter. Amundi increased its stake in Intel by 22.0% during the 1st quarter. Amundi now owns 37,878,097 shares of the chip maker’s stock worth $849,606,000 after purchasing an additional 6,829,690 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. increased its stake in Intel by 3.2% during the 1st quarter. Charles Schwab Investment Management Inc. now owns 35,025,596 shares of the chip maker’s stock worth $795,431,000 after purchasing an additional 1,086,836 shares in the last quarter. 64.53% of the stock is currently owned by institutional investors and hedge funds.

Intel Price Performance

Shares of INTC opened at $38.16 on Friday. The stock has a market capitalization of $167.03 billion, a P/E ratio of -8.00 and a beta of 1.33. Intel Corporation has a twelve month low of $17.67 and a twelve month high of $39.65. The company has a 50 day moving average of $30.10 and a 200-day moving average of $24.19. 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 (NASDAQ:INTC) last released its earnings results on Thursday, October 23rd. The chip maker reported $0.23 earnings per share for the quarter. Intel had a negative net margin of 38.64% and a negative return on equity of 3.78%. The business had revenue of $13.65 billion during the quarter, compared to analysts’ expectations of $13.10 billion. During the same period last year, the business earned ($0.46) earnings per share. The firm’s revenue was up 3.0% on a year-over-year basis. Intel has set its Q4 2025 guidance at 0.080-0.080 EPS. As a group, equities research analysts forecast that Intel Corporation will post -0.11 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

INTC has been the subject of a number of research reports. Seaport Res Ptn raised Intel from a “strong sell” rating to a “hold” rating in a research note on Wednesday, September 24th. TD Cowen increased their target price on Intel from $20.00 to $35.00 and gave the stock a “hold” rating in a research note on Friday, October 10th. Cantor Fitzgerald increased their target price on Intel from $36.00 to $40.00 and gave the stock a “neutral” rating in a research note on Monday. New Street Research increased their target price on Intel from $23.00 to $32.00 in a research note on Friday, September 19th. Finally, Northland Securities raised their price target on shares of Intel from $28.00 to $42.00 in a research note on Friday, September 19th. Two research analysts have rated the stock with a Buy rating, twenty-three have assigned a Hold rating and seven have given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Reduce” and a consensus target price of $29.26.

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.