Intel Corporation $INTC Stock Position Reduced by Schaper Benz & Wise Investment Counsel Inc. WI

Posted by George Bondi on Oct 10th, 2026

Schaper Benz & Wise Investment Counsel Inc. WI lessened its holdings in shares of Intel Corporation (NASDAQ:INTC – Free Report) by 3.5% in the third quarter, according to its most recent filing with the SEC. The firm owned 291,561 shares of the chip maker’s stock after selling 10,596 shares during the quarter. Intel comprises approximately 2.2% of Schaper Benz & Wise Investment Counsel Inc. WI’s holdings, making the stock its 11th largest position. Schaper Benz & Wise Investment Counsel Inc. WI’s holdings in Intel were worth $35,054,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently modified their holdings of the company. State Street Corp raised its position in shares of Intel by 1.2% during the 2nd quarter. State Street Corp now owns 216,849,675 shares of the chip maker’s stock worth $30,278,720,000 after buying an additional 2,528,657 shares in the last quarter. Primecap Management Co. CA bought a new stake in shares of Intel during the 2nd quarter worth $10,507,291,000. Invesco Ltd. increased its stake in Intel by 4.1% in the 4th quarter. Invesco Ltd. now owns 49,597,201 shares of the chip maker’s stock worth $1,830,137,000 after purchasing an additional 1,938,277 shares in the last quarter. Amundi raised its holdings in shares of Intel by 14.9% during the first 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% during 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 purchasing an additional 8,342,514 shares during the period. Institutional investors own 64.53% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms recently weighed in on INTC. Citigroup assumed coverage on Intel in a research report on Tuesday, September 8th. They set a “buy” rating on the stock. Royal Bank Of Canada began coverage on shares of Intel in a research report on Tuesday, September 8th. They issued an “outperform” rating for the company. The Goldman Sachs Group reaffirmed a “neutral” rating on shares of Intel in a research report on Thursday, July 23rd. UBS Group upgraded shares of Intel from a “hold” rating to a “buy” rating in a research report on Tuesday, September 8th. Finally, Needham & Company LLC reissued a “hold” rating on shares of Intel in a research note on Friday, July 24th. One equities research analyst has rated the stock with a Strong Buy rating, twenty have given a Buy rating, twenty-six have issued a Hold rating and three have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $109.06.

Read Our Latest Analysis on Intel

Key Intel News

Here are the key news stories impacting Intel this week:

Positive Sentiment: Intel’s manufacturing turnaround remains a key potential catalyst. Recent coverage highlighted the company’s high-NA EUV breakthrough and its effort to accelerate next-generation process technology, although investors still want proof of customer adoption, factory utilization and improved returns. Is Intel a Buy After Its High-NA EUV Breakthrough?
Positive Sentiment: Intel’s collaboration with Anaconda has expanded, with more than 500 million downloads of Intel-optimized AI, machine-learning and Python packages. The partnership could improve developer access to Intel’s AI software ecosystem. Anaconda Expands Collaboration with Intel
Neutral Sentiment: Investors are focused on Intel’s October 29 earnings report, particularly gross margin. The company previously projected third-quarter adjusted gross margin near 42%, while revenue is expected to show whether recent outperformance can continue. The Number That Will Move Intel Stock in October
Negative Sentiment: Reports that TSMC could participate in Elon Musk’s Terafab project raised concerns that Intel may lose some of the strategic value of its role. CEO Lip-Bu Tan has said Intel remains involved, but the uncertainty pressured the foundry turnaround narrative. TSMC Could Partner with Elon Musk’s Terafab
Negative Sentiment: Analysts and investors increasingly view Intel’s valuation as leaving little room for execution mistakes after its sharp rally. Broader weakness in AI and semiconductor stocks amplified profit-taking and risk reduction. How Low Can Intel Stock Go?

Insiders Place Their Bets

In related news, CEO Lip Bu Tan purchased 105,263 shares of Intel stock in a transaction on Tuesday, August 11th. The stock was 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 of the company’s stock, valued at approximately $124,893,555. This represents a 8.70% increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 0.05% of the stock is currently owned by company insiders.

Intel Stock Performance

INTC stock opened at $104.70 on Friday. The firm has a 50 day moving average of $103.19 and a two-hundred day moving average of $99.46. Intel Corporation has a 12 month low of $32.89 and a 12 month high of $142.35. The company has a market capitalization of $528.11 billion, a price-to-earnings ratio of -49.62, a P/E/G ratio of 11.43 and a beta of 2.22. The company has a quick ratio of 1.25, a current ratio of 1.60 and a debt-to-equity ratio of 0.47.

Intel (NASDAQ:INTC – Get Free Report) last released its quarterly earnings results on Thursday, July 23rd. The chip maker reported $0.42 earnings per share for the quarter, beating 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 business had revenue of $16.13 billion for the quarter, compared to the consensus estimate of $14.43 billion. During the same quarter last year, the firm earned ($0.10) EPS. Intel’s revenue for the quarter was up 25.2% on a year-over-year basis. Intel has set its Q3 2026 guidance at 0.380-0.380 EPS. As a group, equities analysts anticipate that Intel Corporation will post 1.04 EPS for the current fiscal year.

About Intel

(Free Report)

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.