Howard Capital Management Inc. Acquires 9,324 Shares of Intel Corporation $INTC

Howard Capital Management Inc. boosted its holdings in shares of Intel Corporation (NASDAQ:INTCFree Report) by 8.2% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 122,487 shares of the chip maker’s stock after purchasing an additional 9,324 shares during the quarter. Howard Capital Management Inc.’s holdings in Intel were worth $2,744,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. N.E.W. Advisory Services LLC bought a new stake in Intel during the 1st quarter valued at approximately $25,000. HFM Investment Advisors LLC bought a new stake in Intel during the 1st quarter valued at approximately $25,000. MJT & Associates Financial Advisory Group Inc. bought a new stake in Intel during the 1st quarter valued at approximately $27,000. West Branch Capital LLC bought a new stake in Intel during the 2nd quarter valued at approximately $28,000. Finally, LFA Lugano Financial Advisors SA bought a new stake in Intel in the 1st quarter worth approximately $30,000. Institutional investors own 64.53% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms have issued reports on INTC. Roth Capital lifted their price objective on Intel from $30.00 to $40.00 and gave the stock a “neutral” rating in a research note on Friday, October 24th. Wedbush lifted their price objective on Intel from $19.00 to $20.00 and gave the stock a “neutral” rating in a research note on Wednesday, October 22nd. Bank of America reaffirmed an “underperform” rating and issued a $34.00 price objective on shares of Intel in a research note on Monday, October 13th. Rosenblatt Securities lifted their price objective on Intel from $14.00 to $25.00 and gave the stock a “sell” rating in a research note on Friday, October 24th. Finally, Benchmark lifted their price objective on Intel from $43.00 to $50.00 and gave the stock a “buy” rating in a research note on Friday, October 24th. Two research analysts have rated the stock with a Buy rating, twenty-four have issued a Hold rating and eight have given a Sell rating to the company’s stock. Based on data from MarketBeat, Intel currently has an average rating of “Reduce” and a consensus target price of $33.65.

Check Out Our Latest Analysis on INTC

Intel Stock Performance

NASDAQ INTC opened at $41.53 on Wednesday. The company has a market cap of $181.78 billion, a P/E ratio of 4,157.16 and a beta of 1.33. The company has a debt-to-equity ratio of 0.38, a quick ratio of 1.25 and a current ratio of 1.60. The business’s 50 day moving average price is $31.02 and its 200-day moving average price is $24.66. Intel Corporation has a fifty-two week low of $17.67 and a fifty-two week high of $42.48.

Intel (NASDAQ:INTCGet Free Report) last released its earnings results on Thursday, October 23rd. The chip maker reported $0.23 earnings per share for the quarter. The firm had revenue of $13.65 billion for the quarter, compared to the consensus estimate of $13.10 billion. Intel had a negative return on equity of 0.75% and a net margin of 0.37%.The company’s revenue for the quarter was up 3.0% compared to the same quarter last year. During the same quarter in the previous year, the company posted ($0.46) EPS. Intel has set its Q4 2025 guidance at 0.080-0.080 EPS. Sell-side analysts predict that Intel Corporation will post -0.11 earnings per share for the current year.

Intel Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Intel (NASDAQ:INTC)

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