CENTRAL TRUST Co Sells 6,518 Shares of Intel Corporation $INTC

CENTRAL TRUST Co decreased its position in Intel Corporation (NASDAQ:INTC) by 7.9% during the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 76,405 shares of the chip maker’s stock after selling 6,518 shares during the period. CENTRAL TRUST Co’s holdings in Intel were worth $1,711,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in INTC. Envestnet Asset Management Inc. grew its stake in shares of Intel by 19.7% in the first quarter. Envestnet Asset Management Inc. now owns 953,590 shares of the chip maker’s stock worth $21,656,000 after purchasing an additional 156,845 shares during the last quarter. Schechter Investment Advisors LLC lifted its holdings in Intel by 13.1% in the 1st quarter. Schechter Investment Advisors LLC now owns 22,779 shares of the chip maker’s stock worth $517,000 after buying an additional 2,635 shares during the period. Stephens Inc. AR lifted its holdings in Intel by 4.1% in the 1st quarter. Stephens Inc. AR now owns 111,397 shares of the chip maker’s stock worth $2,530,000 after buying an additional 4,388 shares during the period. CWM LLC grew its position in shares of Intel by 25.6% in the 1st quarter. CWM LLC now owns 348,965 shares of the chip maker’s stock worth $7,925,000 after buying an additional 71,088 shares during the last quarter. Finally, Bleakley Financial Group LLC increased its stake in shares of Intel by 4.5% during the first quarter. Bleakley Financial Group LLC now owns 47,367 shares of the chip maker’s stock valued at $1,076,000 after buying an additional 2,060 shares during the period. 64.53% of the stock is currently owned by institutional investors.

Intel Stock Up 0.0%

INTC stock opened at $37.89 on Thursday. Intel Corporation has a 1-year low of $17.67 and a 1-year high of $42.48. The business has a fifty day moving average price of $34.19 and a 200-day moving average price of $26.12. The stock has a market capitalization of $181.00 billion, a P/E ratio of 3,792.79 and a beta of 1.31. 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 (NASDAQ:INTC) last issued its earnings results on Thursday, October 23rd. The chip maker reported $0.23 earnings per share for the quarter. Intel had a negative return on equity of 0.75% and a net margin of 0.37%.The business had revenue of $13.65 billion during the quarter, compared to analyst estimates of $13.10 billion. During the same quarter in the previous year, the firm earned ($0.46) EPS. Intel’s revenue was up 3.0% on a year-over-year basis. Intel has set its Q4 2025 guidance at 0.080-0.080 EPS. Equities analysts forecast that Intel Corporation will post -0.11 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several analysts recently weighed in on INTC shares. Truist Financial lifted their price target on shares of Intel from $21.00 to $39.00 and gave the company a “hold” rating in a report on Friday, October 24th. Susquehanna raised their target price on shares of Intel from $31.00 to $35.00 and gave the stock a “neutral” rating in a research report on Friday, October 24th. Wall Street Zen raised shares of Intel from a “sell” rating to a “hold” rating in a research note on Saturday, September 13th. HSBC increased their price target on shares of Intel from $24.00 to $26.00 in a research note on Friday, October 24th. Finally, Cowen reaffirmed a “hold” rating on shares of Intel in a research report on Friday, October 24th. Two investment analysts have rated the stock with a Buy rating, twenty-three have issued a Hold rating and eight have issued a Sell rating to the company. Based on data from MarketBeat.com, Intel currently has an average rating of “Reduce” and an average target price 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.