Kentucky Retirement Systems Has $6.22 Million Position in Intel Corporation $INTC

Kentucky Retirement Systems cut its stake in Intel Corporation (NASDAQ:INTC) by 6.2% during the 2nd quarter, Holdings Channel.com reports. The firm owned 277,835 shares of the chip maker’s stock after selling 18,208 shares during the period. Kentucky Retirement Systems’ holdings in Intel were worth $6,224,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also modified their holdings of INTC. HFM Investment Advisors LLC bought a new position in Intel in the 1st quarter valued at about $25,000. Investors Towarzystwo Funduszy Inwestycyjnych Spolka Akcyjna acquired a new position in shares of Intel in the second quarter valued at approximately $28,000. West Branch Capital LLC bought a new position in shares of Intel during the second quarter worth approximately $28,000. Eukles Asset Management increased its stake in shares of Intel by 55.6% during the second quarter. Eukles Asset Management now owns 1,400 shares of the chip maker’s stock worth $31,000 after purchasing an additional 500 shares during the period. Finally, RMG Wealth Management LLC acquired a new stake in Intel during the 2nd quarter worth approximately $36,000. Institutional investors own 64.53% of the company’s stock.

Intel Trading Down 4.3%

INTC opened at $37.81 on Friday. The stock has a market capitalization of $180.62 billion, a price-to-earnings ratio of 3,784.78 and a beta of 1.34. The company has a quick ratio of 1.25, a current ratio of 1.60 and a debt-to-equity ratio of 0.38. Intel Corporation has a twelve month low of $17.67 and a twelve month high of $44.02. The company has a 50-day simple moving average of $38.07 and a 200 day simple moving average of $28.77.

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 net margin of 0.37% and a negative return on equity of 0.75%. The company had revenue of $13.65 billion during the quarter, compared to analysts’ expectations of $13.10 billion. During the same period in the previous year, the company earned ($0.46) EPS. The business’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. Analysts predict that Intel Corporation will post -0.11 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of research analysts have commented on the company. Hsbc Global Res lowered Intel from a “hold” rating to a “moderate sell” rating in a report on Tuesday, October 7th. Roth Capital upped their price target on shares of Intel from $30.00 to $40.00 and gave the company a “neutral” rating in a research note on Friday, October 24th. Wedbush raised their price target on shares of Intel from $19.00 to $20.00 and gave the stock a “neutral” rating in a research report on Wednesday, October 22nd. TD Cowen boosted their price objective on shares of Intel from $35.00 to $38.00 and gave the company a “hold” rating in a report on Friday, October 24th. Finally, Cantor Fitzgerald increased their target price on shares of Intel from $36.00 to $40.00 and gave the stock a “neutral” rating in a research report on Monday, October 20th. Two equities research analysts have rated the stock with a Buy rating, twenty-four have issued a Hold rating and eight have given a Sell rating to the company. According to data from MarketBeat.com, the company has an average rating of “Reduce” and an average price target 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.