TD Waterhouse Canada Inc. Purchases 31,275 Shares of Intel Corporation $INTC

TD Waterhouse Canada Inc. lifted its position in shares of Intel Corporation (NASDAQ:INTC) by 18.3% during the second quarter, Holdings Channel reports. The institutional investor owned 202,615 shares of the chip maker’s stock after purchasing an additional 31,275 shares during the period. TD Waterhouse Canada Inc.’s holdings in Intel were worth $4,628,000 at the end of the most recent reporting period.

A number of other institutional investors have also bought and sold shares of the business. Westbourne Investments Inc. raised its position in shares of Intel by 319.4% during the first quarter. Westbourne Investments Inc. now owns 71,425 shares of the chip maker’s stock valued at $1,622,000 after buying an additional 54,395 shares during the last quarter. Vanguard Group Inc. grew its stake in Intel by 2.3% during the second quarter. Vanguard Group Inc. now owns 385,903,735 shares of the chip maker’s stock valued at $8,644,244,000 after acquiring an additional 8,513,298 shares in the last quarter. Pacific Wealth Management bought a new stake in Intel in the 2nd quarter valued at $1,593,000. Econ Financial Services Corp purchased a new stake in Intel in the 2nd quarter worth $754,000. Finally, Y Intercept Hong Kong Ltd lifted its stake in Intel by 6,865.7% in the 2nd quarter. Y Intercept Hong Kong Ltd now owns 1,151,425 shares of the chip maker’s stock worth $25,792,000 after purchasing an additional 1,134,895 shares in the last quarter. Hedge funds and other institutional investors own 64.53% of the company’s stock.

Intel Stock Performance

Shares of NASDAQ:INTC opened at $33.62 on Friday. 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 company has a market capitalization of $160.60 billion, a price-to-earnings ratio of 3,365.37 and a beta of 1.31. The firm’s 50-day moving average is $35.42 and its 200 day moving average is $26.69.

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

Analysts Set New Price Targets

A number of brokerages have recently weighed in on INTC. Deutsche Bank Aktiengesellschaft raised their price objective on Intel from $30.00 to $35.00 and gave the company a “hold” rating in a research report on Friday, October 24th. Needham & Company LLC restated a “hold” rating on shares of Intel in a report on Friday, October 24th. Erste Group Bank raised Intel from a “sell” rating to a “hold” rating in a report on Monday, September 22nd. KeyCorp reiterated a “sector weight” rating on shares of Intel in a research report on Monday, October 20th. Finally, Weiss Ratings restated a “sell (d+)” rating on shares of Intel in a research report on Wednesday. Two 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. According to MarketBeat, the company has a consensus rating of “Reduce” and an average target price 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.