Intel Corporation (NASDAQ: INTC) has witnessed significant changes in institutional ownership, with Sound View Wealth Advisors Group LLC reducing its stake by 27.7% in Q4 2024, as per the latest 13F filing with the SEC. The firm sold 15,530 shares, bringing its total holdings to 40,621 shares, valued at approximately $814,000 at the end of the quarter.
Institutional Investors Adjust Intel Holdings
Apart from Sound View, several other institutional investors modified their positions in Intel:
- Dunhill Financial LLC increased its stake by 22.6% in Q3 2024, now holding 2,380 shares worth $56,000.
- Beaton Management Co. Inc. lifted its position by 2.2%, bringing its total ownership to 23,208 shares, valued at $544,000.
- CFM Wealth Partners LLC expanded its holdings by 4.0% in Q4 2024, now owning 13,114 shares, valued at $263,000.
- Wealth Quarterback LLC grew its stake by 2.0% to 25,458 shares, worth $510,000.
- Missouri Trust & Investment Co. increased its position by 3.6%, holding 15,650 shares valued at $314,000.
As of now, institutional investors collectively own 64.53% of Intel’s outstanding shares.
Intel Stock Performance and Market Indicators
As of Monday, Intel stock opened at $20.64 per share. The company holds a market capitalization of $89.37 billion, with a price-to-earnings (P/E) ratio of -4.71 and a beta of 1.02. Key financial metrics include:
- Quick ratio: 0.98
- Current ratio: 1.33
- Debt-to-equity ratio: 0.44
- 52-week range: $18.51 – $46.63
- 50-day moving average: $21.30
- 200-day moving average: $21.81
Intel’s Q4 Earnings Report: Falling Below Expectations
On January 30, 2025, Intel reported a quarterly loss per share of $0.02, missing analyst expectations of $0.12 EPS by $0.14. The company’s net margin declined significantly to -35.32%, with a negative return on equity of 3.27%. Analysts now forecast Intel to report an annual EPS of -0.11 for 2025.
Wall Street’s Take: Downgrades and Price Target Cuts
Analyst sentiment toward Intel remains lukewarm, with multiple firms issuing downgrades and lowering price targets:
- Rosenblatt Securities reiterated a sell rating, setting a price target of $20.00.
- Citigroup cut its target from $22.00 to $21.00, maintaining a neutral stance.
- Roth Mkm downgraded Intel’s target from $25.00 to $20.00, also assigning a neutral rating.
- Wells Fargo & Company lowered its estimate from $28.00 to $25.00, assigning an equal weight rating.
- Benchmark reaffirmed a hold rating on the stock.
Currently, five analysts have issued a sell rating, twenty-seven recommend holding, and only one analyst has a buy rating on Intel. The consensus price target stands at $26.88, suggesting limited upside potential.
What Lies Ahead for Intel?
With ongoing challenges in its foundry business, increased competition from AMD and Nvidia, and concerns over its upcoming 18A process node, investors remain cautious. While Intel’s valuation appears attractive at current levels, weak earnings and analyst skepticism may weigh on the stock in the near term.
