Udine Wealth Management Inc. Increases Stake in Intel Corporation $INTC

Udine Wealth Management Inc. lifted its stake in shares of Intel Corporation (NASDAQ:INTC) by 3.7% during the 2nd quarter, HoldingsChannel reports. The fund owned 104,274 shares of the chip maker’s stock after acquiring an additional 3,713 shares during the period. Intel accounts for 1.4% of Udine Wealth Management Inc.’s portfolio, making the stock its 21st largest position. Udine Wealth Management Inc.’s holdings in Intel were worth $2,336,000 at the end of the most recent quarter.

Other large investors have also modified their holdings of the company. N.E.W. Advisory Services LLC purchased a new position in shares of Intel during the 1st quarter worth about $25,000. HFM Investment Advisors LLC purchased a new position in Intel in the first quarter valued at approximately $25,000. MJT & Associates Financial Advisory Group Inc. purchased a new position in Intel in the first quarter valued at approximately $27,000. West Branch Capital LLC purchased a new position in Intel in the second quarter valued at approximately $28,000. Finally, LFA Lugano Financial Advisors SA purchased a new position in Intel in the first quarter valued at approximately $30,000. 64.53% of the stock is currently owned by hedge funds and other institutional investors.

Intel Stock Down 3.6%

Shares of NASDAQ:INTC opened at $36.44 on Friday. The company has a quick ratio of 0.92, a current ratio of 1.24 and a debt-to-equity ratio of 0.42. Intel Corporation has a 52-week low of $17.67 and a 52-week high of $39.65. The company has a 50 day moving average of $27.17 and a two-hundred day moving average of $23.24. The company has a market capitalization of $159.49 billion, a price-to-earnings ratio of -7.64 and a beta of 1.33.

Intel (NASDAQ:INTC) last issued its quarterly earnings data on Thursday, July 24th. The chip maker reported ($0.10) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.01 by ($0.11). Intel had a negative net margin of 38.64% and a negative return on equity of 3.78%. The firm had revenue of $12.86 billion during the quarter, compared to analyst estimates of $11.88 billion. During the same period last year, the business earned $0.02 EPS. The firm’s revenue was up .5% compared to the same quarter last year. Intel has set its Q3 2025 guidance at 0.000-0.000 EPS. As a group, analysts forecast that Intel Corporation will post -0.11 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several research analysts recently commented on INTC shares. Wall Street Zen upgraded shares of Intel from a “sell” rating to a “hold” rating in a report on Saturday, September 13th. Erste Group Bank upgraded shares of Intel from a “sell” rating to a “hold” rating in a report on Monday, September 22nd. Mizuho raised their price target on shares of Intel from $22.00 to $23.00 and gave the company a “neutral” rating in a report on Thursday, July 3rd. New Street Research raised their price target on shares of Intel from $23.00 to $32.00 in a report on Friday, September 19th. Finally, Weiss Ratings reaffirmed a “sell (d)” rating on shares of Intel in a research report on Wednesday. Two investment analysts have rated the stock with a Buy rating, twenty-three have given a Hold rating and seven have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Reduce” and a consensus target price of $26.63.

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.