Intel Corporation $INTC Stock: SteelPeak Wealth LLC Cuts Position

SteelPeak Wealth LLC lessened its stake in shares of Intel Corporation (NASDAQ:INTC) by 9.7% in the third quarter, Holdings Channel reports. The institutional investor owned 523,665 shares of the chip maker’s stock after selling 56,393 shares during the period. Intel accounts for approximately 1.5% of SteelPeak Wealth LLC’s portfolio, making the stock its 13th biggest position. SteelPeak Wealth LLC’s holdings in Intel were worth $62,960,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. State Street Corp boosted its holdings in Intel by 1.2% in the second quarter. State Street Corp now owns 216,849,675 shares of the chip maker’s stock worth $30,278,720,000 after acquiring an additional 2,528,657 shares in the last quarter. Primecap Management Co. CA purchased a new stake in shares of Intel in the second quarter worth $10,507,291,000. Amundi grew its stake in shares of Intel by 14.9% in the first quarter. Amundi now owns 38,969,192 shares of the chip maker’s stock worth $1,719,710,000 after acquiring an additional 5,045,936 shares during the last quarter. Bank of America Corp DE grew its stake in shares of Intel by 35.7% in the second quarter. Bank of America Corp DE now owns 31,724,362 shares of the chip maker’s stock worth $4,429,673,000 after acquiring an additional 8,342,514 shares during the last quarter. Finally, Bank of New York Mellon Corp increased its holdings in shares of Intel by 0.4% during the first quarter. Bank of New York Mellon Corp now owns 30,700,929 shares of the chip maker’s stock valued at $1,354,832,000 after acquiring an additional 112,054 shares in the last quarter. Institutional investors own 64.53% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts have recently weighed in on INTC shares. Royal Bank Of Canada initiated coverage on Intel in a report on Tuesday, September 8th. They set an “outperform” rating for the company. The Goldman Sachs Group reiterated a “neutral” rating on shares of Intel in a research note on Thursday, July 23rd. HSBC reissued a “buy” rating on shares of Intel in a research report on Friday, July 24th. JPMorgan Chase & Co. increased their price objective on shares of Intel from $45.00 to $85.00 and gave the company an “underweight” rating in a research report on Friday, July 24th. Finally, Sanford C. Bernstein restated a “neutral” rating on shares of Intel in a research note on Monday, September 21st. One equities research analyst has rated the stock with a Strong Buy rating, twenty have issued a Buy rating, twenty-seven have assigned a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $109.06.

Insider Buying and Selling

In related news, CEO Lip Bu Tan bought 105,263 shares of the business’s stock in a transaction on Tuesday, August 11th. The stock was acquired at an average price of $95.00 per share, with a total value of $9,999,985.00. Following the transaction, the chief executive officer owned 1,314,669 shares in the company, valued at approximately $124,893,555. This trade represents a 8.70% increase in their position. The purchase was disclosed in a filing with the SEC, which is accessible through this link. Company insiders own 0.05% of the company’s stock.

Intel Stock Performance

Shares of INTC stock opened at $89.85 on Friday. The company has a 50 day moving average price of $103.05 and a 200-day moving average price of $101.31. Intel Corporation has a 52 week low of $32.89 and a 52 week high of $142.35. The firm has a market capitalization of $453.20 billion, a PE ratio of -42.58, a P/E/G ratio of 9.57 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) last issued its quarterly earnings data 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. The company had revenue of $16.13 billion for the quarter, compared to the consensus estimate of $14.43 billion. Intel had a negative net margin of 19.79% and a positive return on equity of 2.62%. The firm’s revenue for the quarter was up 25.2% compared to the same quarter last year. During the same quarter in the prior year, the firm earned ($0.10) earnings per share. Intel has set its Q3 2026 guidance at 0.380-0.380 EPS. As a group, equities research analysts expect that Intel Corporation will post 1.04 earnings per share for the current year.

Key Stories Impacting Intel

Here are the key news stories impacting Intel this week:

• Positive Sentiment: Intel’s history of exceeding earnings estimates and favorable revenue and earnings trends are prompting analysts to argue that the company could deliver another quarterly beat. Will Intel Beat Estimates Again in Its Next Earnings Report?
• Positive Sentiment: Consumer research from LikeFolio indicates improving sentiment toward Intel, suggesting demand for its products remains resilient even as Nvidia introduces competing laptops. Consumer Sentiment Surge Follows Stock Trends
• Positive Sentiment: One prominent analyst sees substantial upside if Intel successfully executes its foundry strategy and wins advanced AI-chip manufacturing business, although that thesis depends on an unproven turnaround. Analyst Says Intel Could Double
• Neutral Sentiment: The administration’s new review of AI risks could lead to future regulation of AI systems and data centers. The report is not an Intel-specific development, but could affect demand for AI infrastructure over time. Trump Task Force Orders Report on AI Dangers
• Negative Sentiment: A broad rotation out of AI and semiconductor stocks is pressuring Intel, AMD and other chipmakers as investors question AI infrastructure valuations, financing conditions and the durability of spending. Rotation Out of AI Chip Stocks Continues
• Negative Sentiment: Investors are also weighing competitive and operational risks: TSMC suggested it could support customers if Intel’s advanced-packaging ramp falls short, while an explosion and fire at Intel’s Kiryat Gat facility in Israel added company-specific uncertainty. Reports of progress by Chinese rival CXMT further intensified concerns about Intel’s competitive position. TSMC Comments on Intel Packaging Ramp

Intel Company Profile

Intel Corporation (NASDAQ:INTC) is a global semiconductor company that designs and manufactures computing and connectivity products. Its portfolio includes Intel Core processors for personal computers, Xeon processors for data centers and enterprise systems, and products for networking, edge computing, graphics, and artificial intelligence workloads.

Through Intel Foundry, the company also provides semiconductor manufacturing and technology-development services for external customers. Intel develops process technologies, advanced packaging, and other manufacturing capabilities intended to support its own products and third-party chip designs.

Founded in 1968 by Robert Noyce and Gordon Moore, Intel helped establish the modern microprocessor industry and has historically supplied processors for PCs, servers, and other computing systems.