Wedmont Private Capital lifted its position in shares of Intel Corporation (NASDAQ:INTC – Free Report) by 58.0% during the 3rd quarter, Holdings Channel reports. The firm owned 51,184 shares of the chip maker’s stock after purchasing an additional 18,788 shares during the quarter. Wedmont Private Capital’s holdings in Intel were worth $6,154,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
A number of other hedge funds and other institutional investors have also bought and sold shares of INTC. State Street Corp raised its stake in Intel by 1.2% in the second quarter. State Street Corp now owns 216,849,675 shares of the chip maker’s stock valued at $30,278,720,000 after buying an additional 2,528,657 shares during the period. Primecap Management Co. CA bought a new position in shares of Intel during the 2nd quarter worth approximately $10,507,291,000. Invesco Ltd. increased its holdings in shares of Intel by 4.1% during the 4th quarter. Invesco Ltd. now owns 49,597,201 shares of the chip maker’s stock worth $1,830,137,000 after acquiring an additional 1,938,277 shares during the last quarter. Amundi raised its stake in Intel by 14.9% in the 1st quarter. Amundi now owns 38,969,192 shares of the chip maker’s stock valued at $1,719,710,000 after acquiring an additional 5,045,936 shares during the period. Finally, Bank of America Corp DE raised its stake in Intel by 35.7% in the 2nd quarter. Bank of America Corp DE now owns 31,724,362 shares of the chip maker’s stock valued at $4,429,673,000 after acquiring an additional 8,342,514 shares during the period. Institutional investors own 64.53% of the company’s stock.
Wall Street Analysts Forecast Growth
A number of equities analysts have commented on INTC shares. Needham & Company LLC reaffirmed a “hold” rating on shares of Intel in a research report on Friday, July 24th. UBS Group upgraded shares of Intel from a “hold” rating to a “buy” rating in a research note on Tuesday, September 8th. Susquehanna upped their price target on shares of Intel from $80.00 to $115.00 and gave the company a “neutral” rating in a research note on Thursday, July 16th. Pivotal Research assumed coverage on shares of Intel in a report on Tuesday, September 8th. They issued a “buy” rating on the stock. Finally, Wolfe Research began coverage on Intel in a report on Thursday, June 11th. They set a “peer perform” rating for the company. One equities research analyst has rated the stock with a Strong Buy rating, twenty have issued a Buy rating, twenty-six have given a Hold rating and three have assigned a Sell rating to the company. According to data from MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $109.06.
Intel Stock Performance
Intel stock traded down $1.48 during midday trading on Friday, hitting $105.60. The company’s stock had a trading volume of 42,319,479 shares, compared to its average volume of 116,441,969. Intel Corporation has a 1-year low of $32.89 and a 1-year high of $142.35. The company has a debt-to-equity ratio of 0.47, a current ratio of 1.60 and a quick ratio of 1.25. The company has a 50-day moving average price of $102.90 and a two-hundred day moving average price of $99.42. The company has a market cap of $532.66 billion, a price-to-earnings ratio of -50.03, a PEG ratio of 12.07 and a beta of 2.22.
Intel (NASDAQ:INTC – Get Free Report) last announced its earnings results on Thursday, July 23rd. The chip maker reported $0.42 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.21 by $0.21. Intel had a negative net margin of 19.79% and a positive return on equity of 2.62%. The firm had revenue of $16.13 billion for the quarter, compared to analyst estimates of $14.43 billion. During the same quarter in the prior year, the business posted ($0.10) EPS. The business’s revenue was up 25.2% compared to the same quarter last year. Intel has set its Q3 2026 guidance at 0.380-0.380 EPS. As a group, sell-side analysts predict that Intel Corporation will post 1.04 earnings per share for the current year.
Intel News Summary
Here are the key news stories impacting Intel this week:
- Positive Sentiment: Intel remains involved in Elon Musk’s Terafab project, according to CEO Lip-Bu Tan, easing immediate concerns that the company could lose a potentially significant advanced-manufacturing opportunity. Intel Stock Is Trending Today: What’s Going On?
- Positive Sentiment: Intel’s high-NA EUV manufacturing breakthrough and faster next-generation process rollout are strengthening the foundry turnaround thesis. However, investors still need evidence of customer adoption, factory utilization and attractive returns. Is Intel a Buy After Its High-NA EUV Breakthrough?
- Positive Sentiment: Anaconda expanded its collaboration with Intel, citing more than 500 million downloads of Intel-optimized AI, machine-learning and Python packages. The agreement could improve software accessibility and support enterprise AI adoption on Intel hardware. Anaconda Expands Collaboration with Intel
- Neutral Sentiment: Intel’s October 29 earnings report is the next major catalyst. Analysts are likely to focus less on revenue—which recently exceeded guidance—and more on gross margin, with third-quarter guidance near 42%, as well as foundry progress and forward guidance. The Number That Will Move Intel Stock in October Isn’t Revenue
- Negative Sentiment: Reports that TSMC could join Terafab have raised fears that Intel’s role may be reduced or that TSMC could become a stronger manufacturing partner. Intel says it remains part of the project, but uncertainty is weighing on the turnaround narrative. TSMC Could Partner with Elon Musk’s Terafab
- Negative Sentiment: Intel has been pressured alongside other chip stocks as rising oil prices and Treasury yields reduce appetite for richly valued growth stocks. The decline also reflects profit-taking after the stock’s exceptional rally rather than a newly announced guidance cut. Why Are Intel and AMD Stocks Plunging?
- Negative Sentiment: Commentary increasingly describes Intel as a high-expectation turnaround bet: its valuation leaves limited room for execution mistakes, while competition from TSMC, AMD and alternative AI-chip suppliers remains intense. Intel: The Turnaround Is Real, But Valuation Leaves Little Margin For Error
Insiders Place Their Bets
In related news, CEO Lip Bu Tan purchased 105,263 shares of the firm’s stock in a transaction that occurred on Tuesday, August 11th. The shares were bought at an average price of $95.00 per share, for a total transaction of $9,999,985.00. Following the completion of the transaction, the chief executive officer owned 1,314,669 shares of the company’s stock, valued at approximately $124,893,555. This trade represents a 8.70% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is available through this link. 0.05% of the stock is owned by corporate insiders.
Intel Profile
Intel Corporation (NASDAQ: INTC) is a global semiconductor company that designs and manufactures computing and connectivity products. Its portfolio includes central processing units (CPUs), graphics and accelerator products, chipsets, networking components, and other semiconductor solutions used in personal computers, servers, cloud infrastructure, artificial intelligence systems, and embedded applications.
The company serves a broad range of customers, including original equipment manufacturers, cloud service providers, enterprise businesses, telecommunications companies, government organizations, and other technology firms.
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