Tocqueville Asset Management L.P. Buys New Shares in Intel Corporation $INTC

Tocqueville Asset Management L.P. bought a new position in shares of Intel Corporation (NASDAQ:INTC) during the second quarter, HoldingsChannel.com reports. The institutional investor bought 245,841 shares of the chip maker’s stock, valued at approximately $34,327,000.

A number of other institutional investors have also added to or reduced their stakes in the company. iA Global Asset Management Inc. raised its position in shares of Intel by 17.0% in the fourth quarter. iA Global Asset Management Inc. now owns 593,043 shares of the chip maker’s stock valued at $21,883,000 after purchasing an additional 86,189 shares during the period. Whalerock Point Partners LLC bought a new stake in shares of Intel during the 4th quarter worth about $205,000. Dixon Mitchell Investment Counsel Inc. acquired a new position in Intel in the 4th quarter valued at about $185,000. Northwestern Mutual Wealth Management Co. grew its stake in Intel by 5.7% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 255,261 shares of the chip maker’s stock valued at $9,419,000 after buying an additional 13,858 shares during the last quarter. Finally, Legal & General Group Plc raised its holdings in Intel by 1.3% in the 4th quarter. Legal & General Group Plc now owns 34,012,894 shares of the chip maker’s stock valued at $1,255,076,000 after acquiring an additional 423,481 shares during the period. 64.53% of the stock is currently owned by institutional investors and hedge funds.

Trending Headlines about Intel

Here are the key news stories impacting Intel this week:

• Positive Sentiment: Chief Executive Officer Lip-Bu Tan reportedly purchased approximately $10 million of Intel stock at $95 per share earlier this month. The shares now trade below that level, making the purchase a potential signal of management’s confidence in Intel’s turnaround. Intel CEO insider purchase article
• Positive Sentiment: Fundstrat ETFs added Intel to a quarterly rebalance, which could provide incremental institutional demand and reflects improving sentiment toward the chipmaker. Fundstrat ETF rebalance article
• Positive Sentiment: Intel has gained attention from investors following reports of a new Advantech connection and its potential role in AI infrastructure. Strong Nvidia results also reinforced expectations that demand for data-center and AI-related hardware remains robust. Intel Advantech connection article
• Neutral Sentiment: Reports that investor Nancy Pelosi bought Intel shares and call options may support retail and political-investor interest, but the trade does not change Intel’s operating outlook. Nancy Pelosi Intel investment article
• Negative Sentiment: Intel’s manufacturing operations reportedly continue to lose money on wafers, much of which are sold internally. The stock’s elevated valuation appears to assume that the foundry business eventually becomes profitable, leaving substantial execution risk if losses persist. Intel manufacturing losses article
• Negative Sentiment: Intel is also being pressured by broad semiconductor profit-taking after Nvidia’s earnings-fueled rally. Raymond James reportedly prefers AMD over Intel among the two AI-exposed CPU companies, highlighting competitive concerns and uncertainty over Intel’s ability to convert AI demand into durable growth. Semiconductor profit-taking article

Analysts Set New Price Targets

INTC has been the subject of several research reports. KeyCorp set a $125.00 price objective on shares of Intel in a research report on Friday, July 24th. Roth Capital upped their target price on Intel from $100.00 to $120.00 and gave the company a “buy” rating in a research report on Friday, July 24th. Sanford C. Bernstein reiterated a “market perform” rating and set a $110.00 target price on shares of Intel in a research note on Monday, July 27th. JPMorgan Chase & Co. lifted their price target on Intel from $45.00 to $85.00 and gave the stock an “underweight” rating in a report on Friday, July 24th. Finally, Wolfe Research initiated coverage on Intel in a research note on Thursday, June 11th. They issued a “peer perform” rating for the company. One investment analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, thirty-one have given a Hold rating and three have issued a Sell rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Hold” and an average target price of $107.46.

Insider Transactions at Intel

In other Intel news, CEO Lip Bu Tan bought 105,263 shares of the stock in a transaction on Tuesday, August 11th. The stock was purchased at an average price of $95.00 per share, with a total value of $9,999,985.00. Following the completion of the purchase, the chief executive officer owned 1,314,669 shares in the company, valued at $124,893,555. The trade was a 8.70% increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is available through the SEC website. 0.05% of the stock is currently owned by corporate insiders.

Intel Stock Down 2.8%

Shares of INTC opened at $89.47 on Friday. The firm has a 50 day simple moving average of $104.64 and a two-hundred day simple moving average of $86.39. The company has a debt-to-equity ratio of 0.47, a current ratio of 1.60 and a quick ratio of 1.25. Intel Corporation has a one year low of $23.68 and a one year high of $142.35. The company has a market cap of $451.29 billion, a P/E ratio of -42.40 and a beta of 2.22.

Intel (NASDAQ:INTC) last issued its earnings results 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. Intel had a positive return on equity of 2.62% and a negative net margin of 19.79%.The firm had revenue of $16.13 billion for the quarter, compared to the consensus estimate of $14.43 billion. During the same quarter last year, the business posted ($0.10) EPS. The company’s revenue was up 25.2% compared to the same quarter last year. Intel has set its Q3 2026 guidance at 0.380-0.380 EPS. Research analysts forecast that Intel Corporation will post 1 EPS for the current fiscal year.

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.