Police & Firemen s Retirement System of New Jersey Increases Position in Intel Corporation $INTC

Police & Firemen s Retirement System of New Jersey increased its holdings in Intel Corporation (NASDAQ:INTC) by 5.1% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 663,547 shares of the chip maker’s stock after acquiring an additional 32,331 shares during the quarter. Police & Firemen s Retirement System of New Jersey’s holdings in Intel were worth $14,863,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently bought and sold shares of INTC. Vanguard Group Inc. raised 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 valued at $8,570,537,000 after purchasing an additional 8,291,233 shares in the last quarter. Geode Capital Management LLC grew its position in shares of Intel by 1.8% during the second quarter. Geode Capital Management LLC now owns 97,563,079 shares of the chip maker’s stock worth $2,174,854,000 after buying an additional 1,760,773 shares in the last quarter. Northern Trust Corp increased its stake in shares of Intel by 0.3% in the first quarter. Northern Trust Corp now owns 45,969,843 shares of the chip maker’s stock worth $1,043,975,000 after buying an additional 158,288 shares during the last quarter. Invesco Ltd. raised its holdings in Intel by 1.3% in the first quarter. Invesco Ltd. now owns 43,651,076 shares of the chip maker’s stock valued at $991,316,000 after acquiring an additional 562,246 shares in the last quarter. Finally, Amundi raised its holdings in Intel by 22.0% in the first quarter. Amundi now owns 37,878,097 shares of the chip maker’s stock valued at $849,606,000 after acquiring an additional 6,829,690 shares in the last quarter. Hedge funds and other institutional investors own 64.53% of the company’s stock.

Intel Stock Performance

Shares of INTC opened at $37.89 on Thursday. The company has a market cap of $181.00 billion, a price-to-earnings ratio of 3,792.79 and a beta of 1.31. The firm has a fifty day moving average of $34.19 and a 200-day moving average of $26.12. Intel Corporation has a 1 year low of $17.67 and a 1 year high of $42.48. The company has a debt-to-equity ratio of 0.38, a quick ratio of 1.25 and a current ratio of 1.60.

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

Wall Street Analyst Weigh In

INTC has been the subject of several recent analyst reports. HSBC raised their price objective on shares of Intel from $24.00 to $26.00 in a report on Friday, October 24th. Cowen reiterated a “hold” rating on shares of Intel in a research note on Friday, October 24th. Barclays boosted their price objective on Intel from $25.00 to $35.00 and gave the company an “equal weight” rating in a report on Friday, October 24th. Roth Capital upped their price objective on Intel from $30.00 to $40.00 and gave the company a “neutral” rating in a research note on Friday, October 24th. Finally, Tigress Financial lifted their target price on Intel from $45.00 to $52.00 and gave the stock a “buy” rating in a research report on Tuesday, November 4th. Two investment analysts have rated the stock with a Buy rating, twenty-three have issued a Hold rating and eight have assigned a Sell rating to the company. According to data from MarketBeat.com, Intel has a consensus rating of “Reduce” and an average price target of $34.84.

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.