Pacific Wealth Management Has $2.82 Million Stake in Intel Corporation $INTC

Pacific Wealth Management trimmed its stake in shares of Intel Corporation (NASDAQ:INTC) by 8.6% during the first quarter, Holdings Channel reports. The firm owned 64,000 shares of the chip maker’s stock after selling 6,000 shares during the period. Intel comprises about 1.5% of Pacific Wealth Management’s holdings, making the stock its 7th largest position. Pacific Wealth Management’s holdings in Intel were worth $2,824,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. iA Global Asset Management Inc. increased its position in Intel by 17.0% in the 4th quarter. iA Global Asset Management Inc. now owns 593,043 shares of the chip maker’s stock valued at $21,883,000 after acquiring an additional 86,189 shares during the period. Whalerock Point Partners LLC acquired a new position in Intel during the 4th quarter worth $205,000. Heritage Investment Group Inc. acquired a new position in Intel during the 4th quarter worth $219,000. Dixon Mitchell Investment Counsel Inc. bought a new position in shares of Intel in the fourth quarter worth $185,000. Finally, Northwestern Mutual Wealth Management Co. grew its stake in shares of Intel by 5.7% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 255,261 shares of the chip maker’s stock worth $9,419,000 after purchasing an additional 13,858 shares in the last quarter. Institutional investors and hedge funds own 64.53% of the company’s stock.

More Intel News

Here are the key news stories impacting Intel this week:

• Positive Sentiment: Intel confirmed it has begun using ASML’s most advanced High-NA EUV machine to produce parts of its next-generation chips, including Core Ultra 3 and Panther Lake. That milestone suggests Intel is making real progress on advanced-node manufacturing, which supports the turnaround thesis. Reuters article
• Positive Sentiment: Analysts turned more constructive on Intel ahead of July 23 earnings, with KeyBanc lifting its price target to $155 and other firms, including HSBC and Stifel, also raising targets. The upgrades point to improving expectations for AI-related demand, server CPUs, and foundry execution. Barchart article
• Positive Sentiment: ASML said Intel has reached an important production milestone with High-NA EUV, and several articles highlighted Intel’s role as the first chipmaker to put the new tool into production use. That reinforces optimism that Intel can close the gap with rivals in advanced chipmaking. Yahoo Finance article
• Neutral Sentiment: Broader semiconductor sentiment was also mixed-to-positive, with chip stocks rebounding after inflation data and some commentary saying Intel could benefit from sector rotation. However, weakness in peers like Micron also shows investors remain cautious about the group. 247WallSt article
• Negative Sentiment: Some articles note that Intel is still trading in a volatile semiconductor backdrop ahead of earnings, and traders are likely pricing in both execution risk and the possibility of a PC-related slowdown. Any disappointment on July 23 could quickly pressure the stock. Motley Fool article

Analyst Upgrades and Downgrades

A number of equities research analysts recently weighed in on the stock. Robert W. Baird lifted their price objective on shares of Intel from $50.00 to $75.00 and gave the company a “neutral” rating in a research note on Friday, April 24th. Evercore set a $95.00 target price on shares of Intel in a research report on Friday, April 24th. Royal Bank Of Canada reissued a “neutral” rating and set a $80.00 target price on shares of Intel in a research note on Monday, May 4th. Zacks Research upgraded shares of Intel from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, June 23rd. Finally, Roth Capital raised shares of Intel from a “neutral” rating to a “buy” rating and set a $100.00 price target for the company in a research note on Friday, April 24th. Two equities research analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, twenty-eight have assigned a Hold rating and four have given a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $101.96.

Intel Trading Down 4.4%

Shares of Intel stock opened at $102.99 on Thursday. The business has a fifty day simple moving average of $118.64 and a 200-day simple moving average of $75.34. Intel Corporation has a fifty-two week low of $18.97 and a fifty-two week high of $142.35. The firm has a market cap of $517.63 billion, a price-to-earnings ratio of -166.11 and a beta of 2.18. 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) last released its earnings results on Thursday, April 23rd. The chip maker reported $0.29 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.01 by $0.28. Intel had a positive return on equity of 0.39% and a negative net margin of 5.90%.The firm had revenue of $13.58 billion for the quarter, compared to analyst estimates of $12.32 billion. During the same period in the previous year, the company earned $0.13 earnings per share. Intel’s 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 analysts forecast that Intel Corporation will post 0.64 EPS for the current fiscal year.

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 value of $4,006,679.68. Following the transaction, the executive vice president owned 105,077 shares in the company, valued at approximately $10,458,313.81. The trade was a 27.70% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Insiders own 0.05% of the company’s stock.

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.