Intel Corporation $INTC Stock Holdings Increased by Sumitomo Mitsui Trust Group Inc.

Sumitomo Mitsui Trust Group Inc. raised its stake in Intel Corporation (NASDAQ:INTC) by 3.4% in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 10,825,350 shares of the chip maker’s stock after acquiring an additional 360,026 shares during the period. Sumitomo Mitsui Trust Group Inc.’s holdings in Intel were worth $242,488,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently bought and sold shares of INTC. Spire Wealth Management boosted its stake in Intel by 156.3% in the first quarter. Spire Wealth Management now owns 64,901 shares of the chip maker’s stock valued at $1,474,000 after acquiring an additional 39,581 shares during the period. Bessemer Group Inc. boosted its position in shares of Intel by 55.8% during the first quarter. Bessemer Group Inc. now owns 98,340 shares of the chip maker’s stock worth $2,232,000 after buying an additional 35,239 shares during the period. Golden State Wealth Management LLC boosted its position in shares of Intel by 317.5% during the first quarter. Golden State Wealth Management LLC now owns 15,154 shares of the chip maker’s stock worth $344,000 after buying an additional 11,524 shares during the period. Perigon Wealth Management LLC boosted its position in shares of Intel by 29.4% during the first quarter. Perigon Wealth Management LLC now owns 147,676 shares of the chip maker’s stock worth $3,354,000 after buying an additional 33,538 shares during the period. Finally, Robeco Institutional Asset Management B.V. boosted its position in shares of Intel by 1.6% during the first quarter. Robeco Institutional Asset Management B.V. now owns 1,552,139 shares of the chip maker’s stock worth $35,249,000 after buying an additional 25,041 shares during the period. 64.53% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

INTC has been the subject of several analyst reports. Evercore ISI boosted their price objective on Intel from $23.00 to $41.10 in a research report on Friday. Rosenblatt Securities boosted their price objective on Intel from $14.00 to $25.00 and gave the stock a “sell” rating in a research report on Friday. Northland Securities boosted their price objective on Intel from $28.00 to $42.00 in a research report on Friday, September 19th. Susquehanna boosted their target price on Intel from $31.00 to $35.00 and gave the stock a “neutral” rating in a report on Friday. Finally, Morgan Stanley boosted their target price on Intel from $23.00 to $36.00 and gave the stock an “equal weight” rating in a report on Monday, October 20th. Two investment analysts have rated the stock with a Buy rating, twenty-four have issued a Hold rating and eight have issued a Sell rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Reduce” and a consensus price target of $33.10.

Intel Price Performance

Shares of NASDAQ:INTC opened at $38.28 on Friday. The stock has a market cap of $167.55 billion, a price-to-earnings ratio of 3,831.83 and a beta of 1.33. Intel Corporation has a 12 month low of $17.67 and a 12 month high of $41.12. The stock’s 50 day moving average price is $30.37 and its 200 day moving average price is $24.32. The company has a debt-to-equity ratio of 0.42, a current ratio of 1.24 and a quick ratio of 0.92.

Intel (NASDAQ:INTC) last posted its quarterly earnings results on Thursday, October 23rd. The chip maker reported $0.23 earnings per share (EPS) for the quarter. The company had revenue of $13.65 billion for the quarter, compared to analysts’ expectations of $13.10 billion. Intel had a negative return on equity of 0.77% and a net margin of 0.37%.The firm’s revenue was up 3.0% on a year-over-year basis. During the same quarter in the prior year, the company earned ($0.46) earnings per share. Intel has set its Q4 2025 guidance at 0.080-0.080 EPS. Equities research analysts anticipate that Intel Corporation will post -0.11 earnings per share for the current fiscal year.

Intel Company 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.