Intel Corporation $INTC Stock Holdings Lowered by Baird Financial Group Inc.

Baird Financial Group Inc. cut its holdings in shares of Intel Corporation (NASDAQ:INTC) by 30.0% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 294,856 shares of the chip maker’s stock after selling 126,461 shares during the period. Baird Financial Group Inc.’s holdings in Intel were worth $6,605,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. Independent Wealth Network Inc. lifted its position in shares of Intel by 5.2% during the 2nd quarter. Independent Wealth Network Inc. now owns 9,927 shares of the chip maker’s stock valued at $222,000 after acquiring an additional 490 shares during the last quarter. HHM Wealth Advisors LLC lifted its holdings in shares of Intel by 6.3% during the second quarter. HHM Wealth Advisors LLC now owns 8,384 shares of the chip maker’s stock valued at $188,000 after purchasing an additional 497 shares during the last quarter. Indiana Trust & Investment Management Co increased its stake in Intel by 8.4% in the 1st quarter. Indiana Trust & Investment Management Co now owns 6,457 shares of the chip maker’s stock worth $147,000 after purchasing an additional 500 shares in the last quarter. Cedar Mountain Advisors LLC raised its holdings in Intel by 17.4% during the 2nd quarter. Cedar Mountain Advisors LLC now owns 3,381 shares of the chip maker’s stock worth $76,000 after buying an additional 500 shares during the period. Finally, Eukles Asset Management raised 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 worth $31,000 after buying an additional 500 shares during the period. Institutional investors and hedge funds own 64.53% of the company’s stock.

Analyst Ratings Changes

Several research analysts have recently weighed in on INTC shares. Truist Financial lifted their target price on shares of Intel from $21.00 to $39.00 and gave the stock a “hold” rating in a research report on Friday, October 24th. JPMorgan Chase & Co. raised their price objective on shares of Intel from $21.00 to $30.00 and gave the stock an “underweight” rating in a research note on Friday, October 24th. Morgan Stanley lifted their price objective on shares of Intel from $23.00 to $36.00 and gave the stock an “equal weight” rating in a research report on Monday, October 20th. Sanford C. Bernstein reissued a “neutral” rating on shares of Intel in a research note on Tuesday, November 18th. Finally, Loop Capital increased their target price on Intel from $25.00 to $40.00 and gave the company a “hold” rating in a report on Friday, October 24th. Two equities research analysts have rated the stock with a Buy rating, twenty-four have given a Hold rating and eight have issued a Sell rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Reduce” and a consensus price target of $34.84.

Intel Price Performance

Shares of NASDAQ:INTC opened at $40.30 on Tuesday. The firm has a market cap of $192.51 billion, a price-to-earnings 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 company has a current ratio of 1.60, a quick ratio of 1.25 and a debt-to-equity ratio of 0.38. The business has a fifty day simple moving average of $37.77 and a 200 day simple moving average of $28.29.

Intel (NASDAQ:INTC) last issued its earnings results on Thursday, October 23rd. The chip maker reported $0.23 EPS 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) earnings per share. The business’s quarterly revenue was up 3.0% compared to the same quarter last year. Intel has set its Q4 2025 guidance at 0.080-0.080 EPS. As a group, sell-side analysts predict that Intel Corporation will post -0.11 earnings per share for the current fiscal year.

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.