Cerity Partners LLC Grows Stock Holdings in Intel Corporation $INTC

Cerity Partners LLC increased its position in Intel Corporation (NASDAQ:INTC) by 16.4% in the 2nd quarter, according to its most recent 13F filing with the SEC. The firm owned 1,240,343 shares of the chip maker’s stock after buying an additional 175,126 shares during the period. Cerity Partners LLC’s holdings in Intel were worth $27,788,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. HFM Investment Advisors LLC bought a new position in shares of Intel in the first quarter worth about $25,000. West Branch Capital LLC purchased a new position in Intel in the 2nd quarter worth approximately $28,000. Eukles Asset Management grew its holdings in Intel by 55.6% during the 2nd quarter. Eukles Asset Management now owns 1,400 shares of the chip maker’s stock valued at $31,000 after buying an additional 500 shares in the last quarter. RMG Wealth Management LLC purchased a new stake in Intel during the 2nd quarter valued at approximately $36,000. Finally, First Pacific Financial raised its position in shares of Intel by 111.8% during the second quarter. First Pacific Financial now owns 1,557 shares of the chip maker’s stock valued at $35,000 after buying an additional 822 shares during the last quarter. 64.53% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several equities analysts recently weighed in on INTC shares. Truist Financial raised their target price on shares of Intel from $21.00 to $39.00 and gave the company a “hold” rating in a research note on Friday, October 24th. Needham & Company LLC restated a “hold” rating on shares of Intel in a research report on Friday, October 24th. UBS Group boosted their target price on Intel from $35.00 to $40.00 and gave the stock a “neutral” rating in a research report on Monday, October 6th. Wells Fargo & Company increased their price target on Intel from $30.00 to $45.00 and gave the company an “equal weight” rating in a research note on Friday, October 24th. Finally, Cowen reaffirmed a “hold” rating on shares of Intel in a research note on Friday, October 24th. Two 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 company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Reduce” and a consensus target price of $34.84.

Intel Trading Down 2.7%

Shares of INTC stock opened at $40.30 on Tuesday. The company has a market cap of $192.51 billion, a PE ratio of 4,034.03 and a beta of 1.34. Intel Corporation has a 1 year low of $17.67 and a 1 year high of $44.02. The stock’s 50 day simple moving average is $37.77 and its two-hundred day simple moving average is $28.29. 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 released 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 firm had revenue of $13.65 billion for the quarter, compared to the consensus estimate of $13.10 billion. During the same quarter in the previous year, the company posted ($0.46) EPS. The company’s revenue for the quarter was up 3.0% compared to the same quarter last year. Intel has set its Q4 2025 guidance at 0.080-0.080 EPS. Research analysts predict that Intel Corporation will post -0.11 earnings per share for the current 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.