Handelsbanken Fonder AB Acquires 5,955 Shares of Intel Corporation $INTC

Handelsbanken Fonder AB raised its holdings in Intel Corporation (NASDAQ:INTC) by 0.3% during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 1,833,653 shares of the chip maker’s stock after acquiring an additional 5,955 shares during the quarter. Handelsbanken Fonder AB’s holdings in Intel were worth $67,662,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds also recently bought and sold shares of INTC. Capital World Investors grew its position in Intel by 32.5% in the 3rd quarter. Capital World Investors now owns 86,503,121 shares of the chip maker’s stock valued at $2,902,180,000 after acquiring an additional 21,230,715 shares during the last quarter. Vanguard Group Inc. grew its position in Intel by 3.5% in the 4th quarter. Vanguard Group Inc. now owns 404,522,308 shares of the chip maker’s stock valued at $14,926,873,000 after acquiring an additional 13,692,624 shares during the last quarter. AQR Capital Management LLC grew its position in shares of Intel by 61.3% during the 3rd quarter. AQR Capital Management LLC now owns 25,001,621 shares of the chip maker’s stock worth $838,804,000 after buying an additional 9,503,402 shares in the last quarter. Van ECK Associates Corp grew its position in shares of Intel by 18.3% during the 3rd quarter. Van ECK Associates Corp now owns 55,521,741 shares of the chip maker’s stock worth $1,862,755,000 after buying an additional 8,569,812 shares in the last quarter. Finally, Rafferty Asset Management LLC grew its position in shares of Intel by 66.4% during the 2nd quarter. Rafferty Asset Management LLC now owns 19,396,839 shares of the chip maker’s stock worth $434,489,000 after buying an additional 7,736,635 shares in the last quarter. Institutional investors own 64.53% of the company’s stock.

Insider Buying and Selling at Intel

In other news, EVP Boise April Miller sold 40,256 shares of the business’s stock in a transaction dated Friday, May 1st. The stock was sold at an average price of $99.53, for a total transaction of $4,006,679.68. Following the sale, 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 sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 0.05% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts have recently issued reports on the company. Royal Bank Of Canada reissued a “neutral” rating and set a $80.00 price target on shares of Intel in a research report on Monday, May 4th. Susquehanna increased their price target on Intel from $65.00 to $80.00 and gave the stock a “neutral” rating in a research report on Friday, April 24th. Truist Financial increased their price target on Intel from $49.00 to $81.00 and gave the stock a “hold” rating in a research report on Friday, April 24th. Needham & Company LLC reissued a “hold” rating on shares of Intel in a research report on Friday, January 23rd. Finally, Raymond James Financial raised Intel from a “hold” rating to a “moderate buy” rating in a research report on Tuesday, April 21st. One equities research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, twenty-five have issued a Hold rating and four have assigned a Sell rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $81.52.

Intel Price Performance

Shares of INTC stock opened at $108.17 on Tuesday. Intel Corporation has a 1-year low of $18.97 and a 1-year high of $132.75. The stock’s 50-day moving average is $68.76 and its 200 day moving average is $51.38. The company has a market cap of $543.66 billion, a P/E ratio of -174.46 and a beta of 2.18. 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:INTC) last issued its quarterly earnings results on Thursday, April 23rd. The chip maker reported $0.29 earnings per share 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 business had revenue of $13.58 billion for the quarter, compared to analyst estimates of $12.32 billion. During the same quarter in the previous year, the firm earned $0.13 earnings per share. The company’s revenue was up 7.4% on a year-over-year basis. Intel has set its Q2 2026 guidance at 0.200-0.200 EPS. Research analysts predict that Intel Corporation will post 0.63 earnings per share for the current fiscal year.

Key Stories Impacting Intel

Here are the key news stories impacting Intel this week:

• Positive Sentiment: Citi raised its price target on Intel to $130 from $95 and kept a Buy rating, arguing that “agentic AI” workloads could expand the server CPU market much faster than expected. Citi Hikes Intel Price Target to $130: The Agentic CPU Boom Reshapes the Story
• Positive Sentiment: Intel CEO Lip-Bu Tan said the foundry business is gaining momentum, with improving yields and growing customer interest; he expects commitments from multiple foundry customers in the second half of the year. Intel CEO says foundry business is gaining momentum as customer interest grows
• Positive Sentiment: Benchmark also lifted its target on Intel to $140 and maintained a Buy rating, while Tiger Global reportedly added a new stake, reinforcing institutional confidence in the turnaround. Benzinga article on AI chip stock reversal warning
• Neutral Sentiment: Trump’s comment that he “should have asked for more” in the government’s Intel stake kept the stock in focus, but it mainly added headlines rather than changing Intel’s fundamentals. Trump tells Fortune on Intel stake: ‘should have asked for more’
• Negative Sentiment: Some analysts and technical commentators warned that AI semiconductor names, including Intel, may be overextended after a powerful rally, which has weighed on the shares despite the bullish target hikes. Micron, AMD, Intel Stocks Could Face An Abrupt Reversal, Top AI Expert Warns

Intel Company 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.