Intel Corporation $INTC Shares Purchased by WCG Wealth Advisors LLC

WCG Wealth Advisors LLC increased its position in shares of Intel Corporation (NASDAQ:INTC) by 37.6% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 72,202 shares of the chip maker’s stock after purchasing an additional 19,718 shares during the period. WCG Wealth Advisors LLC’s holdings in Intel were worth $1,617,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Federated Hermes Inc. lifted its holdings in Intel by 2.1% in the first quarter. Federated Hermes Inc. now owns 166,238 shares of the chip maker’s stock valued at $3,775,000 after acquiring an additional 3,481 shares during the last quarter. Advyzon Investment Management LLC acquired a new stake in Intel during the first quarter worth $333,000. Costello Asset Management INC raised its position in Intel by 2,355.4% in the first quarter. Costello Asset Management INC now owns 2,480 shares of the chip maker’s stock valued at $56,000 after purchasing an additional 2,379 shares during the period. Cary Street Partners Investment Advisory LLC lifted its stake in shares of Intel by 23.1% in the 1st quarter. Cary Street Partners Investment Advisory LLC now owns 2,614 shares of the chip maker’s stock valued at $59,000 after purchasing an additional 491 shares during the last quarter. Finally, Maxi Investments CY Ltd lifted its stake in shares of Intel by 162.9% in the 1st quarter. Maxi Investments CY Ltd now owns 67,017 shares of the chip maker’s stock valued at $1,522,000 after purchasing an additional 41,530 shares during the last quarter. 64.53% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of analysts recently issued reports on INTC shares. JPMorgan Chase & Co. boosted their price objective on shares of Intel from $21.00 to $30.00 and gave the company an “underweight” rating in a report on Friday, October 24th. Bank of America reiterated an “underperform” rating and set a $34.00 price target on shares of Intel in a research report on Monday, October 13th. Loop Capital boosted their price target on shares of Intel from $25.00 to $40.00 and gave the company a “hold” rating in a research note on Friday, October 24th. Barclays increased their price objective on shares of Intel from $25.00 to $35.00 and gave the stock an “equal weight” rating in a research report on Friday, October 24th. Finally, Morgan Stanley lifted their target price on shares of Intel from $23.00 to $36.00 and gave the company an “equal weight” rating in a report on Monday, October 20th. Two 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’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Reduce” and an average target price of $34.84.

Intel Trading Up 8.6%

NASDAQ INTC opened at $43.47 on Wednesday. The company has a debt-to-equity ratio of 0.38, a quick ratio of 1.25 and a current ratio of 1.60. The firm has a market cap of $207.66 billion, a price-to-earnings ratio of 4,351.35 and a beta of 1.31. The firm has a 50 day simple moving average of $37.16 and a 200-day simple moving average of $27.71. Intel Corporation has a one year low of $17.67 and a one year high of $43.68.

Intel (NASDAQ:INTC) last released its 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 analyst estimates of $13.10 billion. Intel had a net margin of 0.37% and a negative return on equity of 0.75%. The firm’s quarterly revenue was up 3.0% on a year-over-year basis. During the same period in the prior year, the business earned ($0.46) EPS. Intel has set its Q4 2025 guidance at 0.080-0.080 EPS. Equities research analysts anticipate that Intel Corporation will post -0.11 EPS 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.