Heartland Bank & Trust Co Invests $281,000 in Intel Corporation $INTC

Heartland Bank & Trust Co purchased a new position in Intel Corporation (NASDAQ:INTCFree Report) during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 6,371 shares of the chip maker’s stock, valued at approximately $281,000.

Other institutional investors have also bought and sold shares of the company. Vanguard Group Inc. increased its position in Intel by 3.5% in the fourth quarter. Vanguard Group Inc. now owns 404,522,308 shares of the chip maker’s stock worth $14,926,873,000 after buying an additional 13,692,624 shares during the last quarter. State Street Corp lifted its position in shares of Intel by 2.8% during the 4th quarter. State Street Corp now owns 208,536,784 shares of the chip maker’s stock valued at $7,695,007,000 after buying an additional 5,714,400 shares during the last quarter. Capital World Investors lifted its position in shares of Intel by 20.3% during the 4th quarter. Capital World Investors now owns 104,060,268 shares of the chip maker’s stock valued at $3,839,833,000 after buying an additional 17,557,147 shares during the last quarter. Geode Capital Management LLC grew its stake in shares of Intel by 3.2% during the 4th quarter. Geode Capital Management LLC now owns 101,931,512 shares of the chip maker’s stock worth $3,744,406,000 after acquiring an additional 3,124,798 shares during the period. Finally, Morgan Stanley grew its stake in shares of Intel by 20.4% during the 4th quarter. Morgan Stanley now owns 65,249,269 shares of the chip maker’s stock worth $2,407,698,000 after acquiring an additional 11,056,090 shares during the period. Hedge funds and other institutional investors own 64.53% of the company’s stock.

Intel Trading Down 2.0%

Intel stock opened at $95.04 on Friday. The stock has a market cap of $477.67 billion, a P/E ratio of -153.29 and a beta of 2.18. Intel Corporation has a fifty-two week low of $18.97 and a fifty-two week high of $142.35. The firm’s fifty day moving average price is $117.79 and its 200-day moving average price is $75.90. The company has a debt-to-equity ratio of 0.34, a quick ratio of 1.85 and a current ratio of 2.31.

Intel (NASDAQ:INTCGet Free Report) last issued its quarterly earnings data on Thursday, April 23rd. The chip maker reported $0.29 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.01 by $0.28. The company had revenue of $13.58 billion for the quarter, compared to the consensus estimate of $12.32 billion. Intel had a positive return on equity of 0.39% and a negative net margin of 5.90%.The firm’s revenue was up 7.4% compared to the same quarter last year. During the same quarter last year, the business posted $0.13 earnings per share. Intel has set its Q2 2026 guidance at 0.200-0.200 EPS. Equities research analysts forecast that Intel Corporation will post 0.65 earnings per share for the current fiscal year.

Trending Headlines about Intel

Here are the key news stories impacting Intel this week:

Wall Street Analysts Forecast Growth

A number of equities research analysts recently issued reports on INTC shares. Wolfe Research assumed coverage on Intel in a research note on Thursday, June 11th. They issued a “peer perform” rating on the stock. KGI Securities lowered shares of Intel from an “outperform” rating to a “neutral” rating and set a $71.00 target price for the company. in a research report on Monday, April 20th. Moffett Nathanson downgraded shares of Intel to a “neutral” rating in a research note on Thursday, June 11th. Sanford C. Bernstein reiterated a “market perform” rating and issued a $100.00 target price on shares of Intel in a research note on Wednesday, June 17th. Finally, Jefferies Financial Group started coverage on shares of Intel in a research report on Thursday, June 11th. They issued a “buy” rating on the stock. Two analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, twenty-eight have issued a Hold rating and four have assigned a Sell rating to the company. According to MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $102.72.

Get Our Latest Stock Report on INTC

Insiders Place Their Bets

In other Intel news, EVP Boise April Miller sold 40,256 shares of the firm’s stock in a transaction dated Friday, May 1st. The stock was sold at an average price of $99.53, for a total value of $4,006,679.68. Following the sale, the executive vice president owned 105,077 shares of the company’s stock, valued at $10,458,313.81. This trade represents a 27.70% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. 0.05% of the stock is owned by corporate insiders.

About Intel

(Free Report)

Intel Corporation, founded in 1968 by Robert Noyce and Gordon E. Moore and headquartered in Santa Clara, California, is a leading global designer and manufacturer of semiconductor products. The company is historically notable for introducing the first commercial microprocessor and for driving the x86 architecture that underpins many personal computers and servers. Intel’s core business spans the design, fabrication and marketing of processors, chipsets and related components for a wide range of computing applications.

Intel’s product portfolio includes client and mobile processors marketed under brands such as Intel Core and Pentium, as well as high-performance Xeon processors for data centers and cloud infrastructure.

Further Reading

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Institutional Ownership by Quarter for Intel (NASDAQ:INTC)

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