TD Asset Management Inc Buys 565,099 Shares of Intel Corporation $INTC

TD Asset Management Inc grew its stake in shares of Intel Corporation (NASDAQ:INTCFree Report) by 20.2% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 3,356,213 shares of the chip maker’s stock after buying an additional 565,099 shares during the quarter. TD Asset Management Inc’s holdings in Intel were worth $123,844,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of the stock. Vanguard Group Inc. grew its stake in shares of Intel by 3.5% during the fourth quarter. Vanguard Group Inc. now owns 404,522,308 shares of the chip maker’s stock valued at $14,926,873,000 after buying an additional 13,692,624 shares during the last quarter. Geode Capital Management LLC grew its stake in shares of Intel by 3.2% during the fourth quarter. Geode Capital Management LLC now owns 101,931,512 shares of the chip maker’s stock valued at $3,744,406,000 after buying an additional 3,124,798 shares during the last quarter. Capital World Investors grew its stake in shares of Intel by 32.5% during the third quarter. Capital World Investors now owns 86,503,121 shares of the chip maker’s stock valued at $2,902,180,000 after buying an additional 21,230,715 shares during the last quarter. Norges Bank bought a new position in shares of Intel during the fourth quarter valued at about $2,233,159,000. Finally, Van ECK Associates Corp grew its stake in shares of Intel by 18.3% during the third quarter. Van ECK Associates Corp now owns 55,521,741 shares of the chip maker’s stock valued at $1,862,755,000 after buying an additional 8,569,812 shares during the last quarter. 64.53% of the stock is owned by institutional investors.

Intel Stock Down 0.8%

Shares of Intel stock opened at $111.78 on Friday. The company has a current ratio of 2.31, a quick ratio of 1.85 and a debt-to-equity ratio of 0.34. The company’s fifty day simple moving average is $87.21 and its two-hundred day simple moving average is $58.52. The company has a market cap of $561.81 billion, a P/E ratio of -180.29 and a beta of 2.21. Intel Corporation has a 12-month low of $18.97 and a 12-month high of $132.75.

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, beating analysts’ consensus estimates of $0.01 by $0.28. The business had revenue of $13.58 billion for the quarter, compared to the consensus estimate of $12.32 billion. Intel had a negative net margin of 5.90% and a positive return on equity of 0.39%. The company’s quarterly revenue was up 7.4% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.13 EPS. Intel has set its Q2 2026 guidance at 0.200-0.200 EPS. Research analysts anticipate that Intel Corporation will post 0.63 EPS for the current year.

Trending Headlines about Intel

Here are the key news stories impacting Intel this week:

Analysts Set New Price Targets

A number of research firms recently commented on INTC. Wall Street Zen lowered shares of Intel from a “buy” rating to a “hold” rating in a report on Saturday, May 30th. Robert W. Baird upped their price target on shares of Intel from $50.00 to $75.00 and gave the company a “neutral” rating in a report on Friday, April 24th. Wells Fargo & Company upped their price target on shares of Intel from $85.00 to $110.00 and gave the company an “equal weight” rating in a report on Monday. KeyCorp upped their price target on shares of Intel from $70.00 to $110.00 and gave the company an “overweight” rating in a report on Friday, April 24th. Finally, Royal Bank Of Canada reiterated a “neutral” rating and set a $80.00 price target on shares of Intel in a report on Monday, May 4th. One investment analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating, twenty-six have assigned a Hold rating and four have given a Sell rating to the stock. According to data from MarketBeat, Intel currently has an average rating of “Hold” and an average price target of $83.35.

Get Our Latest Stock Analysis on Intel

Insider Transactions at Intel

In other Intel news, EVP Boise April Miller sold 40,256 shares of the business’s stock in a transaction on Friday, May 1st. The shares were sold at an average price of $99.53, for a total transaction of $4,006,679.68. Following the transaction, the executive vice president directly owned 105,077 shares of the company’s stock, valued at approximately $10,458,313.81. The trade was a 27.70% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 0.05% of the company’s stock.

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.

Further Reading

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Institutional Ownership by Quarter for Intel (NASDAQ:INTC)

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