Intel Corporation $INTC Stock Holdings Boosted by Fifth Third Wealth Advisors LLC

Fifth Third Wealth Advisors LLC grew its position in shares of Intel Corporation (NASDAQ:INTCFree Report) by 35.3% during the 1st quarter, Holdings Channel reports. The firm owned 56,348 shares of the chip maker’s stock after purchasing an additional 14,710 shares during the period. Fifth Third Wealth Advisors LLC’s holdings in Intel were worth $2,487,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently modified their holdings of INTC. Financially Speaking Inc grew its holdings in Intel by 69.2% during the fourth quarter. Financially Speaking Inc now owns 682 shares of the chip maker’s stock worth $25,000 after acquiring an additional 279 shares during the period. Legacy Bridge LLC acquired a new stake in Intel in the 4th quarter valued at about $26,000. Raleigh Capital Management Inc. bought a new position in shares of Intel during the 4th quarter valued at about $29,000. Swiss RE Ltd. bought a new position in shares of Intel during the 4th quarter valued at about $29,000. Finally, Osbon Capital Management LLC acquired a new position in shares of Intel in the 4th quarter worth approximately $30,000. Institutional investors own 64.53% of the company’s stock.

Insiders Place Their Bets

In other Intel news, EVP Boise April Miller sold 40,256 shares of Intel stock in a transaction that occurred 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 in the company, valued at approximately $10,458,313.81. The trade was a 27.70% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Insiders own 0.05% of the company’s stock.

Intel Stock Performance

Shares of INTC opened at $132.87 on Friday. Intel Corporation has a one year low of $18.97 and a one year high of $141.45. The company has a 50-day moving average of $108.27 and a two-hundred day moving average of $67.46. The stock has a market cap of $667.80 billion, a price-to-earnings ratio of -214.30 and a beta of 2.21. The company has a debt-to-equity ratio of 0.34, a current ratio of 2.31 and a quick ratio of 1.85.

Intel (NASDAQ:INTCGet Free Report) last released its earnings results on Thursday, April 23rd. The chip maker reported $0.29 earnings per share for the quarter, topping the consensus estimate of $0.01 by $0.28. Intel had a negative net margin of 5.90% and a positive return on equity of 0.39%. The business had revenue of $13.58 billion for the quarter, compared to the consensus estimate of $12.32 billion. During the same period last year, the firm posted $0.13 earnings per share. The firm’s quarterly revenue was up 7.4% compared to the same quarter last year. Intel has set its Q2 2026 guidance at 0.200-0.200 EPS. On average, equities research analysts expect that Intel Corporation will post 0.63 earnings per share for the current year.

Wall Street Analysts Forecast Growth

INTC has been the topic of a number of research reports. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and issued a $100.00 target price on shares of Intel in a report on Tuesday, May 12th. Raymond James Financial upgraded shares of Intel from a “hold” rating to a “moderate buy” rating in a research report on Tuesday, April 21st. KeyCorp upped their price target on Intel from $70.00 to $110.00 and gave the company an “overweight” rating in a report on Friday, April 24th. Northland Securities downgraded Intel from an “outperform” rating to a “market perform” rating in a research report on Tuesday, May 26th. Finally, Cantor Fitzgerald raised their price objective on Intel from $65.00 to $90.00 and gave the stock a “neutral” rating in a research note on Friday, April 24th. Two investment analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating, twenty-eight have issued a Hold rating and four have given a Sell rating to the company’s stock. According to data from MarketBeat, Intel has a consensus rating of “Hold” and a consensus target price of $89.66.

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About Intel

(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.

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Institutional Ownership by Quarter for Intel (NASDAQ:INTC)

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