Trustco Bank Corp N Y Has $602,000 Stock Position in Intel Corporation $INTC

Trustco Bank Corp N Y lessened its holdings in Intel Corporation (NASDAQ:INTC) by 19.8% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 26,872 shares of the chip maker’s stock after selling 6,625 shares during the period. Trustco Bank Corp N Y’s holdings in Intel were worth $602,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. N.E.W. Advisory Services LLC purchased a new stake in shares of Intel in the first quarter worth approximately $25,000. HFM Investment Advisors LLC purchased a new stake in Intel in the 1st quarter valued at $25,000. MJT & Associates Financial Advisory Group Inc. bought a new position in Intel during the 1st quarter valued at $27,000. West Branch Capital LLC bought a new position in Intel during the 2nd quarter valued at $28,000. Finally, PrairieView Partners LLC boosted its holdings in Intel by 77.0% during the 1st quarter. PrairieView Partners LLC now owns 1,398 shares of the chip maker’s stock worth $31,000 after acquiring an additional 608 shares during the last quarter. Institutional investors and hedge funds own 64.53% of the company’s stock.

Intel Stock Performance

NASDAQ INTC opened at $35.91 on Friday. The company’s 50 day simple moving average is $34.41 and its two-hundred day simple moving average is $26.19. The company has a debt-to-equity ratio of 0.38, a current ratio of 1.60 and a quick ratio of 1.25. Intel Corporation has a 1 year low of $17.67 and a 1 year high of $42.48. The stock has a market capitalization of $171.54 billion, a PE ratio of 3,594.59 and a beta of 1.31.

Intel (NASDAQ:INTC) last released its quarterly 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 analysts’ expectations of $13.10 billion. Intel had a net margin of 0.37% and a negative return on equity of 0.75%. The business’s quarterly revenue was up 3.0% on a year-over-year basis. During the same quarter in the prior year, the firm posted ($0.46) earnings per share. Intel has set its Q4 2025 guidance at 0.080-0.080 EPS. Analysts predict that Intel Corporation will post -0.11 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several analysts have recently commented on the stock. Needham & Company LLC reiterated a “hold” rating on shares of Intel in a report on Friday, October 24th. Hsbc Global Res cut shares of Intel from a “hold” rating to a “moderate sell” rating in a research report on Tuesday, October 7th. BNP Paribas Exane upped their target price on Intel from $19.00 to $30.00 and gave the company an “underperform” rating in a report on Friday, October 24th. Mizuho lifted their price target on Intel from $39.00 to $41.00 and gave the stock a “neutral” rating in a report on Friday, October 24th. Finally, Rosenblatt Securities upped their price objective on Intel from $14.00 to $25.00 and gave the company a “sell” rating in a research note on Friday, October 24th. Two research analysts have rated the stock with a Buy rating, twenty-three have given a Hold rating and eight have given a Sell rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Reduce” and a consensus price target of $34.84.

Intel 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.