Intel Corporation $INTC Shares Sold by Teacher Retirement System of Texas

Teacher Retirement System of Texas lessened its stake in shares of Intel Corporation (NASDAQ:INTC) by 8.0% in the 2nd quarter, Holdings Channel reports. The firm owned 764,126 shares of the chip maker’s stock after selling 66,542 shares during the period. Teacher Retirement System of Texas’ holdings in Intel were worth $17,116,000 at the end of the most recent reporting period.

Other hedge funds have also recently modified their holdings of the company. Verdence Capital Advisors LLC grew its stake in Intel by 1.1% during the 1st quarter. Verdence Capital Advisors LLC now owns 45,682 shares of the chip maker’s stock valued at $1,037,000 after acquiring an additional 486 shares in the last quarter. Independent Wealth Network Inc. lifted its holdings in shares of Intel by 5.2% in the 2nd quarter. Independent Wealth Network Inc. now owns 9,927 shares of the chip maker’s stock worth $222,000 after acquiring an additional 490 shares during the last quarter. Cary Street Partners Investment Advisory LLC lifted its holdings in Intel by 23.1% during the 1st quarter. Cary Street Partners Investment Advisory LLC now owns 2,614 shares of the chip maker’s stock worth $59,000 after buying an additional 491 shares in the last quarter. one8zero8 LLC lifted its holdings in Intel by 4.2% during the 1st quarter. one8zero8 LLC now owns 12,320 shares of the chip maker’s stock worth $280,000 after buying an additional 500 shares in the last quarter. Finally, Indiana Trust & Investment Management Co lifted its holdings in Intel by 8.4% during the 1st quarter. Indiana Trust & Investment Management Co now owns 6,457 shares of the chip maker’s stock worth $147,000 after buying an additional 500 shares in the last quarter. Institutional investors and hedge funds own 64.53% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages have recently weighed in on INTC. Morgan Stanley raised their price objective 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. Weiss Ratings reissued a “sell (d)” rating on shares of Intel in a research report on Wednesday, October 8th. Erste Group Bank raised shares of Intel from a “sell” rating to a “hold” rating in a research report on Monday, September 22nd. Cowen reaffirmed a “hold” rating on shares of Intel in a report on Friday. Finally, Wells Fargo & Company lifted their target price on shares of Intel from $30.00 to $45.00 and gave the company an “equal weight” rating in a report on Friday, October 24th. Two equities research analysts have rated the stock with a Buy rating, twenty-four have issued a Hold rating and eight have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, Intel has a consensus rating of “Reduce” and an average target price of $33.65.

Intel Price Performance

INTC opened at $41.53 on Wednesday. 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 52-week low of $17.67 and a 52-week high of $42.48. The company has a 50 day moving average of $31.02 and a two-hundred day moving average of $24.66. The company has a market cap of $181.78 billion, a P/E ratio of 4,157.16 and a beta of 1.33.

Intel (NASDAQ:INTC) last released its quarterly earnings data on Thursday, October 23rd. The chip maker reported $0.23 earnings per share (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 the consensus estimate of $13.10 billion. During the same period in the previous year, the firm earned ($0.46) earnings per share. Intel’s revenue for the quarter was up 3.0% on a year-over-year basis. Intel has set its Q4 2025 guidance at 0.080-0.080 EPS. On average, analysts expect 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.