Intel (NASDAQ: INTC) Sees Institutional Interest as OFI Invest Asset Management Acquires New Stake

Intel Corporation (NASDAQ: INTC) continues to attract institutional investors despite market fluctuations, with OFI Invest Asset Management recently acquiring 13,701 shares of the semiconductor giant in the fourth quarter. According to its latest SEC filing, the investment was valued at approximately $265,000, signaling ongoing confidence in Intel’s long-term potential.

Institutional Activity in Intel Stock

Several other hedge funds have been actively buying and selling Intel shares. Notable movements include:

• Dunhill Financial LLC increased its holdings by 22.6% in Q3, now owning 2,380 shares valued at $56,000.
• Beaton Management Co. Inc. grew its position by 2.2%, accumulating 23,208 shares worth $544,000.
• CFM Wealth Partners LLC expanded its stake by 4.0%, holding 13,114 shares valued at $263,000.
• Wealth Quarterback LLC raised its stake by 2.0%, now holding 25,458 shares worth $510,000.
• Missouri Trust & Investment Co boosted its holdings by 3.6%, with 15,650 shares valued at $314,000.

In total, institutional investors now own 64.53% of Intel’s outstanding shares, reflecting strong market participation despite recent stock price fluctuations.

Analyst Ratings and Market Sentiment

A range of analyst firms have recently issued ratings on Intel stock, with consensus leaning towards a cautious outlook:

• Needham & Company LLC reiterated a “hold” rating on January 31.
• Truist Financial lowered its price target from $22.00 to $21.00, maintaining a “hold” stance.
• Bank of America restated an “underperform” rating with a $21.00 target.
• UBS Group cut its target from $26.00 to $23.00, maintaining a “neutral” rating.
• Stifel Nicolaus reduced its price target from $25.00 to $21.00, also setting a “hold” rating.

Overall, MarketBeat.com reports that five analysts have assigned a “sell” rating, 27 have given a “hold” rating, and one analyst has issued a “buy” recommendation. The consensus price target currently stands at $26.88.

Intel Stock Performance and Financial Metrics

As of Tuesday, Intel shares opened at $19.93. The company maintains a debt-to-equity ratio of 0.44, with a quick ratio of 0.98 and a current ratio of 1.33. Intel’s stock has ranged between a 52-week low of $18.51 and a high of $45.41, reflecting ongoing volatility in the semiconductor industry.

Intel’s market capitalization currently stands at $86.30 billion, with a price-to-earnings (PE) ratio of -4.55 and a beta of 1.02. The stock’s 50-day simple moving average is $21.30, while its 200-day moving average is $21.81.

Intel’s Latest Earnings Report

Intel’s Q4 earnings, reported on January 30, revealed a loss of ($0.02) per share, missing analysts’ consensus estimate of $0.12 by ($0.14). The company also reported a negative return on equity of 3.27% and a net margin decline of 35.32%. Analysts currently forecast Intel to post an EPS of -$0.11 for the fiscal year, reinforcing concerns about the company’s near-term profitability.

With institutional investors continuing to show interest and analysts closely watching Intel’s strategic moves, the semiconductor giant remains a focal point in the ever-evolving tech sector.