Great Lakes Advisors LLC Invests $26.72 Million in Intel Corporation $INTC

Posted by Geri Gentry on Aug 29th, 2026

Great Lakes Advisors LLC acquired a new stake in Intel Corporation (NASDAQ:INTC – Free Report) during the second quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 191,344 shares of the chip maker’s stock, valued at approximately $26,717,000.

Other large investors also recently modified their holdings of the company. Avaii Wealth Management LLC bought a new position in Intel during the second quarter worth $433,000. Pacific Sun Financial Corp bought a new stake in Intel during the second quarter valued at $203,000. Stevens Capital Partners bought a new stake in Intel during the second quarter valued at $451,000. BOK Financial Private Wealth Inc. acquired a new stake in Intel during the 2nd quarter worth about $90,000. Finally, Danica Pension Livsforsikringsaktieselskab acquired a new stake in Intel during the 2nd quarter worth about $34,841,000. 64.53% of the stock is currently owned by institutional investors and hedge funds.

Intel Stock Down 2.8%

INTC stock opened at $89.47 on Friday. The stock’s 50 day simple moving average is $104.64 and its 200 day simple moving average is $86.39. The company has a market cap of $451.29 billion, a P/E ratio of -42.40 and a beta of 2.22. The company has a debt-to-equity ratio of 0.47, a quick ratio of 1.25 and a current ratio of 1.60. Intel Corporation has a fifty-two week low of $23.68 and a fifty-two week high of $142.35.

Intel (NASDAQ:INTC – Get Free Report) last posted its quarterly earnings results on Thursday, July 23rd. The chip maker reported $0.42 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.21 by $0.21. The business had revenue of $16.13 billion during the quarter, compared to the consensus estimate of $14.43 billion. Intel had a negative net margin of 19.79% and a positive return on equity of 2.62%. Intel’s revenue was up 25.2% compared to the same quarter last year. During the same quarter last year, the firm posted ($0.10) EPS. Intel has set its Q3 2026 guidance at 0.380-0.380 EPS. On average, research analysts expect that Intel Corporation will post 1 earnings per share for the current fiscal year.

Analyst Ratings Changes

INTC has been the topic of a number of recent analyst reports. Bank of America dropped their price objective on Intel from $160.00 to $145.00 and set a “buy” rating on the stock in a research note on Wednesday, August 12th. TD Cowen lifted their target price on Intel from $75.00 to $115.00 and gave the stock a “hold” rating in a report on Monday, July 13th. Daiwa Securities Group lowered Intel from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, August 4th. UBS Group cut their price target on Intel from $121.00 to $112.00 and set a “neutral” rating on the stock in a report on Wednesday, August 12th. Finally, Arete Research raised their price objective on shares of Intel from $20.40 to $99.00 and gave the stock a “neutral” rating in a research report on Wednesday, June 10th. One investment analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating, thirty-one have given a Hold rating and three have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, Intel has a consensus rating of “Hold” and an average price target of $107.46.

Get Our Latest Stock Report on Intel

Key Intel News

Here are the key news stories impacting Intel this week:

Positive Sentiment: Chief Executive Officer Lip-Bu Tan reportedly purchased approximately $10 million of Intel stock at $95 per share earlier this month. The shares now trade below that level, making the purchase a potential signal of management’s confidence in Intel’s turnaround. Intel CEO insider purchase article
Positive Sentiment: Fundstrat ETFs added Intel to a quarterly rebalance, which could provide incremental institutional demand and reflects improving sentiment toward the chipmaker. Fundstrat ETF rebalance article
Positive Sentiment: Intel has gained attention from investors following reports of a new Advantech connection and its potential role in AI infrastructure. Strong Nvidia results also reinforced expectations that demand for data-center and AI-related hardware remains robust. Intel Advantech connection article
Neutral Sentiment: Reports that investor Nancy Pelosi bought Intel shares and call options may support retail and political-investor interest, but the trade does not change Intel’s operating outlook. Nancy Pelosi Intel investment article
Negative Sentiment: Intel’s manufacturing operations reportedly continue to lose money on wafers, much of which are sold internally. The stock’s elevated valuation appears to assume that the foundry business eventually becomes profitable, leaving substantial execution risk if losses persist. Intel manufacturing losses article
Negative Sentiment: Intel is also being pressured by broad semiconductor profit-taking after Nvidia’s earnings-fueled rally. Raymond James reportedly prefers AMD over Intel among the two AI-exposed CPU companies, highlighting competitive concerns and uncertainty over Intel’s ability to convert AI demand into durable growth. Semiconductor profit-taking article

Insider Activity

In related news, CEO Lip Bu Tan bought 105,263 shares of the business’s stock in a transaction that occurred on Tuesday, August 11th. The shares were bought at an average price of $95.00 per share, with a total value of $9,999,985.00. Following the completion of the transaction, the chief executive officer directly owned 1,314,669 shares in the company, valued at approximately $124,893,555. This represents a 8.70% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. 0.05% of the stock is currently owned by insiders.

Intel Company Profile

(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.