State Street Corp Boosts Holdings in Intel Corporation $INTC

State Street Corp raised its holdings in shares of Intel Corporation (NASDAQ:INTC) by 2.8% in the 4th quarter, HoldingsChannel.com reports. The fund owned 208,536,784 shares of the chip maker’s stock after purchasing an additional 5,714,400 shares during the period. State Street Corp’s holdings in Intel were worth $7,695,007,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in the business. Avanda Investment Management Pte. Ltd. purchased a new position in Intel during the 4th quarter valued at about $742,000. Royal London Asset Management Ltd. increased its holdings in Intel by 38.0% during the 4th quarter. Royal London Asset Management Ltd. now owns 4,586,209 shares of the chip maker’s stock valued at $169,231,000 after acquiring an additional 1,263,283 shares in the last quarter. Victory Capital Management Inc. increased its holdings in Intel by 4.8% during the 4th quarter. Victory Capital Management Inc. now owns 3,334,330 shares of the chip maker’s stock valued at $123,037,000 after acquiring an additional 151,306 shares in the last quarter. Ieq Capital LLC increased its holdings in Intel by 2.1% during the 4th quarter. Ieq Capital LLC now owns 2,274,268 shares of the chip maker’s stock valued at $83,920,000 after acquiring an additional 47,504 shares in the last quarter. Finally, First National Bank of Omaha purchased a new position in Intel during the 4th quarter valued at about $203,000. 64.53% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

INTC has been the subject of several recent research reports. Wall Street Zen upgraded shares of Intel from a “hold” rating to a “buy” rating in a report on Saturday. DA Davidson raised their target price on shares of Intel from $45.00 to $77.00 and gave the company a “neutral” rating in a report on Friday, April 24th. Piper Sandler initiated coverage on shares of Intel in a report on Thursday. They set a “neutral” rating for the company. Mizuho raised their target price on shares of Intel from $124.00 to $128.00 and gave the company a “neutral” rating in a report on Monday, June 1st. Finally, Bank of America upgraded shares of Intel from an “underperform” rating to a “buy” rating and raised their target price for the company from $96.00 to $135.00 in a report on Thursday. One equities research analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating, twenty-seven have given a Hold rating and four have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, Intel has a consensus rating of “Hold” and a consensus target price of $87.31.

Key Headlines Impacting Intel

Here are the key news stories impacting Intel this week:

• Positive Sentiment: Bank of America double-upgraded Intel to Buy and lifted its price target, signaling renewed confidence in the company’s CPU and foundry growth outlook. Article Title
• Positive Sentiment: Multiple reports highlighted Intel’s improving foundry story and its ability to benefit from AI-related semiconductor demand, which supported the stock’s move higher. Article Title
• Neutral Sentiment: Intel’s recent gains have also been linked to broader sector rotation back into beaten-down chip stocks, as investors looked past near-term macro and geopolitical concerns. Article Title
• Negative Sentiment: Some commentary warned that Intel and other chip stocks could face downside if the AI trade proves overextended and the market starts pricing in a bubble-like scenario. Article Title

Insider Activity at Intel

In other news, EVP Boise April Miller sold 40,256 shares of Intel stock in a transaction dated 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 completion of the sale, the executive vice president directly owned 105,077 shares in the company, valued at $10,458,313.81. The trade was a 27.70% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. 0.05% of the stock is currently owned by company insiders.

Intel Stock Performance

Shares of NASDAQ INTC opened at $124.57 on Friday. The company has a market cap of $626.09 billion, a PE ratio of -200.92 and a beta of 2.21. Intel Corporation has a 12 month low of $18.97 and a 12 month high of $132.75. The company has a debt-to-equity ratio of 0.34, a current ratio of 2.31 and a quick ratio of 1.85. The company has a 50-day simple moving average of $95.17 and a 200-day simple moving average of $61.56.

Intel (NASDAQ:INTC) last issued its quarterly earnings results on Thursday, April 23rd. The chip maker reported $0.29 EPS for the quarter, topping analysts’ consensus estimates of $0.01 by $0.28. The business had revenue of $13.58 billion during 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 posted $0.13 earnings per share. Intel has set its Q2 2026 guidance at 0.200-0.200 EPS. On average, equities analysts anticipate that Intel Corporation will post 0.66 earnings per share for the current year.

Intel Profile

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.