First Manhattan CO. LLC. boosted its position in Intel Corporation (NASDAQ:INTC – Free Report) by 1.6% in the 4th quarter, HoldingsChannel reports. The firm owned 2,943,484 shares of the chip maker’s stock after purchasing an additional 46,988 shares during the period. First Manhattan CO. LLC.’s holdings in Intel were worth $108,615,000 at the end of the most recent reporting period.
Other institutional investors have also recently added to or reduced their stakes in the company. Winch Advisory Services LLC increased its stake in shares of Intel by 28.3% during the 4th quarter. Winch Advisory Services LLC now owns 966 shares of the chip maker’s stock valued at $36,000 after acquiring an additional 213 shares during the last quarter. ROI Financial Advisors LLC increased its position in Intel by 1.7% during the 4th quarter. ROI Financial Advisors LLC now owns 12,967 shares of the chip maker’s stock worth $478,000 after purchasing an additional 217 shares in the last quarter. Focus Financial Network Inc. increased its position in Intel by 2.1% during the 4th quarter. Focus Financial Network Inc. now owns 10,788 shares of the chip maker’s stock worth $398,000 after purchasing an additional 223 shares in the last quarter. Successful Portfolios LLC increased its position in Intel by 2.6% during the 4th quarter. Successful Portfolios LLC now owns 8,715 shares of the chip maker’s stock worth $322,000 after purchasing an additional 223 shares in the last quarter. Finally, Providence Wealth Advisors LLC increased its position in Intel by 1.7% during the 4th quarter. Providence Wealth Advisors LLC now owns 13,340 shares of the chip maker’s stock worth $527,000 after purchasing an additional 225 shares in the last quarter. Institutional investors and hedge funds own 64.53% of the company’s stock.
Analyst Upgrades and Downgrades
A number of analysts recently issued reports on INTC shares. Tigress Financial increased their target price on shares of Intel from $66.00 to $118.00 and gave the stock a “buy” rating in a research report on Thursday, April 30th. Royal Bank Of Canada restated a “neutral” rating and issued a $80.00 price target on shares of Intel in a report on Monday, May 4th. Wolfe Research assumed coverage on Intel in a report on Thursday, June 11th. They issued a “peer perform” rating for the company. JPMorgan Chase & Co. upped their price target on Intel from $35.00 to $45.00 and gave the stock an “underweight” rating in a report on Friday, April 24th. Finally, DZ Bank upgraded Intel from a “sell” rating to a “neutral” rating in a report on Friday, April 24th. One analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating, twenty-seven have assigned a Hold rating and four have assigned a Sell rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $87.09.
Intel Stock Up 3.5%
NASDAQ INTC opened at $121.10 on Thursday. The stock has a market cap of $608.65 billion, a PE ratio of -195.32 and a beta of 2.21. Intel Corporation has a fifty-two week low of $18.97 and a fifty-two week high of $132.75. The business has a 50 day moving average price of $99.46 and a two-hundred day moving average price of $63.55. The company has a quick ratio of 1.85, a current ratio of 2.31 and a debt-to-equity ratio of 0.34.
Intel (NASDAQ:INTC – Get Free Report) last released its quarterly earnings results on Thursday, April 23rd. The chip maker reported $0.29 earnings per share for the quarter, topping analysts’ consensus estimates of $0.01 by $0.28. The firm had revenue of $13.58 billion during the quarter, compared to analysts’ expectations of $12.32 billion. Intel had a positive return on equity of 0.39% and a negative net margin of 5.90%.Intel’s quarterly revenue was up 7.4% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.13 EPS. Intel has set its Q2 2026 guidance at 0.200-0.200 EPS. As a group, sell-side analysts predict that Intel Corporation will post 0.63 EPS for the current fiscal year.
Key Stories Impacting Intel
Here are the key news stories impacting Intel this week:
- Positive Sentiment: Intel said its next-generation 18A-P manufacturing process has entered risk production, a major milestone that suggests progress in its chipmaking comeback and improves the odds of winning external customers. Intel’s new manufacturing tech enters initial production
- Positive Sentiment: Several reports said the new node could help Intel attract customers such as Apple and Nvidia, reinforcing hopes that the company’s foundry strategy is gaining traction. Intel begins production of most-advanced chip, inching closer to possible Apple deal
- Positive Sentiment: Bernstein and Bank of America raised their views/price targets on Intel, citing stronger CPU demand from the agentic AI buildout and renewed interest in Intel’s foundry ambitions. Bernstein Boosts Price Targets for Arm, AMD, and Intel on Agentic AI Revolution
- Positive Sentiment: Media coverage framed the 18A-P announcement as a sign that Intel’s cash-burning manufacturing business may be turning a corner, which has added to momentum in the shares. Intel takes a major step toward turning around a business that’s bleeding cash
- Neutral Sentiment: Commentary pieces and stock-screen articles are also highlighting Intel as a comeback and long-term AI/semiconductor play, which may be supporting sentiment but do not add new hard catalysts. Is Intel the Comeback Stock of the Decade?
- Negative Sentiment: Some analysts continue to warn that Intel’s valuation has run ahead of fundamentals after a huge rally, suggesting the stock could remain volatile if expectations get too high. Intel: The Re-Rating Has Gone Too Far
Insider Activity at Intel
In other news, EVP Boise April Miller sold 40,256 shares of the stock in a transaction that occurred on Friday, May 1st. The stock was sold at an average price of $99.53, for a total transaction of $4,006,679.68. Following the completion of the transaction, the executive vice president directly owned 105,077 shares in the company, valued at approximately $10,458,313.81. This represents a 27.70% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Company insiders own 0.05% of the company’s stock.
About Intel
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.
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