Ameriprise Financial Inc. Has $83.12 Million Stake in Intel Corporation $INTC

Ameriprise Financial Inc. trimmed its stake in shares of Intel Corporation (NASDAQ:INTC) by 4.3% during the first quarter, HoldingsChannel reports. The fund owned 3,810,985 shares of the chip maker’s stock after selling 170,367 shares during the period. Ameriprise Financial Inc.’s holdings in Intel were worth $83,120,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in the stock. Vanguard Group Inc. raised its holdings in shares of Intel by 2.2% during the first quarter. Vanguard Group Inc. now owns 377,390,437 shares of the chip maker’s stock worth $8,570,537,000 after acquiring an additional 8,291,233 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its holdings in shares of Intel by 8.2% during the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 63,263,339 shares of the chip maker’s stock worth $1,268,430,000 after acquiring an additional 4,793,927 shares during the period. Northern Trust Corp raised its holdings in shares of Intel by 0.3% during the first quarter. Northern Trust Corp now owns 45,969,843 shares of the chip maker’s stock worth $1,043,975,000 after acquiring an additional 158,288 shares during the period. Invesco Ltd. raised its holdings in shares of Intel by 1.3% during the first quarter. Invesco Ltd. now owns 43,651,076 shares of the chip maker’s stock worth $991,316,000 after acquiring an additional 562,246 shares during the period. Finally, Charles Schwab Investment Management Inc. raised its holdings in shares of Intel by 3.2% during the first quarter. Charles Schwab Investment Management Inc. now owns 35,025,596 shares of the chip maker’s stock worth $795,431,000 after acquiring an additional 1,086,836 shares during the period. 64.53% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several equities research analysts have issued reports on INTC shares. UBS Group lifted their price target on shares of Intel from $21.00 to $25.00 and gave the company a “neutral” rating in a research note on Monday, July 14th. Wall Street Zen lowered shares of Intel from a “hold” rating to a “sell” rating in a research note on Saturday, July 26th. Deutsche Bank Aktiengesellschaft started coverage on shares of Intel in a research note on Wednesday, May 21st. They issued a “hold” rating and a $23.00 price target on the stock. Needham & Company LLC reiterated a “hold” rating on shares of Intel in a research note on Friday, July 25th. Finally, Sanford C. Bernstein reiterated a “market perform” rating on shares of Intel in a research note on Tuesday, August 19th. One analyst has rated the stock with a Buy rating, twenty-two have given a Hold rating and five have assigned a Sell rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Reduce” and a consensus price target of $22.17.

Intel Stock Performance

Shares of INTC opened at $24.55 on Tuesday. The firm has a 50-day moving average of $22.22 and a 200-day moving average of $21.77. Intel Corporation has a one year low of $17.67 and a one year high of $27.55. The company has a market cap of $107.46 billion, a PE ratio of -5.15 and a beta of 1.22. The company has a debt-to-equity ratio of 0.42, a current ratio of 1.24 and a quick ratio of 0.92.

Intel (NASDAQ:INTC) last announced its quarterly earnings data on Thursday, July 24th. The chip maker reported ($0.10) EPS for the quarter, missing analysts’ consensus estimates 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 the consensus estimate of $11.88 billion. During the same period last year, the business earned $0.02 EPS. The business’s revenue was up .5% on a year-over-year basis. Intel has set its Q3 2025 guidance at 0.000-0.000 EPS. As a group, equities analysts forecast that Intel Corporation will post -0.11 earnings per share for the current 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.