First National Trust Co Lowers Stock Position in Intel Corporation $INTC

First National Trust Co lessened its holdings in Intel Corporation (NASDAQ:INTC) by 11.1% in the 2nd quarter, according to its most recent filing with the SEC. The firm owned 59,726 shares of the chip maker’s stock after selling 7,435 shares during the period. First National Trust Co’s holdings in Intel were worth $1,338,000 at the end of the most recent quarter.

Several other hedge funds have also recently modified their holdings of the business. Vanguard Group Inc. lifted its position in shares of Intel by 2.2% in 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 during the period. Northern Trust Corp raised its stake in shares of 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 acquiring an additional 158,288 shares in the last quarter. Invesco Ltd. raised its stake in shares of 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 acquiring an additional 562,246 shares in the last quarter. Amundi raised its stake in shares of 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 acquiring an additional 6,829,690 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. raised its stake in shares of 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 acquiring an additional 1,086,836 shares in the last quarter. Hedge funds and other institutional investors own 64.53% of the company’s stock.

Analyst Ratings Changes

Several research firms recently commented on INTC. TD Cowen boosted their price objective on shares of Intel from $35.00 to $38.00 and gave the stock a “hold” rating in a research note on Friday, October 24th. Susquehanna boosted their price objective on shares of Intel from $31.00 to $35.00 and gave the stock a “neutral” rating in a research note on Friday, October 24th. Needham & Company LLC reiterated a “hold” rating on shares of Intel in a research note on Friday, October 24th. Hsbc Global Res lowered shares of Intel from a “hold” rating to a “moderate sell” rating in a research note on Tuesday, October 7th. Finally, Evercore ISI boosted their price objective on shares of Intel from $23.00 to $41.10 in a research note on Friday, October 24th. Two investment analysts have rated the stock with a Buy rating, twenty-four have given a Hold rating and eight have issued a Sell rating to the company. According to MarketBeat, the company presently has an average rating of “Reduce” and an average target price of $33.65.

Intel Trading Up 5.0%

Shares of Intel stock opened at $41.53 on Wednesday. The company has a current ratio of 1.60, a quick ratio of 1.25 and a debt-to-equity ratio of 0.38. Intel Corporation has a 12-month low of $17.67 and a 12-month high of $42.48. The firm has a market capitalization of $181.78 billion, a price-to-earnings ratio of 4,157.16 and a beta of 1.33. The firm’s 50 day simple moving average is $31.02 and its two-hundred day simple moving average is $24.66.

Intel (NASDAQ:INTC) last issued its quarterly earnings results on Thursday, October 23rd. The chip maker reported $0.23 earnings per share (EPS) for the quarter. Intel had a net margin of 0.37% and a negative return on equity of 0.75%. The business had revenue of $13.65 billion for the quarter, compared to analyst estimates of $13.10 billion. During the same quarter in the prior year, the business posted ($0.46) EPS. Intel’s revenue for the quarter was up 3.0% compared to the same quarter last year. Intel has set its Q4 2025 guidance at 0.080-0.080 EPS. Analysts predict that Intel Corporation will post -0.11 EPS for the current year.

About Intel

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.