Cacti Asset Management LLC Increases Stock Holdings in Intel Corporation $INTC

Cacti Asset Management LLC raised its position in shares of Intel Corporation (NASDAQ:INTC) by 171.6% in the third quarter, HoldingsChannel reports. The firm owned 398,269 shares of the chip maker’s stock after buying an additional 251,620 shares during the quarter. Intel makes up 1.0% of Cacti Asset Management LLC’s investment portfolio, making the stock its 24th largest position. Cacti Asset Management LLC’s holdings in Intel were worth $14,139,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in INTC. Vanguard Group Inc. increased its holdings 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 buying an additional 8,513,298 shares during the last quarter. State Street Corp boosted its stake in shares of Intel by 1.6% during the 2nd quarter. State Street Corp now owns 203,617,629 shares of the chip maker’s stock worth $4,561,035,000 after acquiring an additional 3,168,824 shares during the last quarter. Geode Capital Management LLC grew its position in shares of Intel by 1.8% during the 2nd quarter. Geode Capital Management LLC now owns 97,563,079 shares of the chip maker’s stock valued at $2,174,854,000 after acquiring an additional 1,760,773 shares during the period. Primecap Management Co. CA increased its stake in shares of Intel by 4.3% in the 2nd quarter. Primecap Management Co. CA now owns 80,298,180 shares of the chip maker’s stock worth $1,798,679,000 after purchasing an additional 3,313,890 shares in the last quarter. Finally, Norges Bank bought a new position in Intel in the 2nd quarter worth $1,579,378,000. Institutional investors own 64.53% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts have issued reports on the company. Erste Group Bank raised Intel from a “sell” rating to a “hold” rating in a report on Monday, September 22nd. Roth Capital boosted their price objective on Intel from $30.00 to $40.00 and gave the company a “neutral” rating in a research note on Friday, October 24th. Benchmark increased their target price on shares of Intel from $43.00 to $50.00 and gave the stock a “buy” rating in a report on Friday, October 24th. BNP Paribas Exane lifted their price target on shares of Intel from $19.00 to $30.00 and gave the company an “underperform” rating in a report on Friday, October 24th. Finally, Mizuho upped their price target on shares of Intel from $39.00 to $41.00 and gave the stock a “neutral” rating in a research report on Friday, October 24th. Two research analysts have rated the stock with a Buy rating, twenty-four have given a Hold rating and eight have assigned a Sell rating to the company. According to MarketBeat.com, the company currently has an average rating of “Reduce” and a consensus target price of $34.84.

Intel Trading Down 4.3%

Shares of INTC opened at $37.81 on Monday. The firm has a market cap of $180.62 billion, a P/E ratio of 3,784.78 and a beta of 1.34. 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 Corporation has a 1 year low of $17.67 and a 1 year high of $44.02. The company has a 50 day simple moving average of $38.07 and a two-hundred day simple moving average of $28.83.

Intel (NASDAQ:INTC) last released its earnings results on Thursday, October 23rd. The chip maker reported $0.23 EPS for the quarter. The firm had revenue of $13.65 billion for 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 company’s quarterly revenue was up 3.0% compared to the same quarter last year. During the same quarter in the previous year, the firm earned ($0.46) earnings per share. Intel has set its Q4 2025 guidance at 0.080-0.080 EPS. On average, equities analysts expect that Intel Corporation will post -0.11 earnings per share for the current fiscal year.

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.