Northwestern Mutual Wealth Management Co. Buys Shares of 308,347 Intel Corporation $INTC

Northwestern Mutual Wealth Management Co. bought a new position in Intel Corporation (NASDAQ:INTC) in the 2nd quarter, according to its most recent filing with the SEC. The institutional investor bought 308,347 shares of the chip maker’s stock, valued at approximately $43,055,000.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. Financially Speaking Inc lifted its stake in Intel by 69.2% in 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. Financial Life Planners purchased a new position in Intel during the 1st quarter valued at about $25,000. Glynn Capital Management LLC purchased a new position in Intel during the 2nd quarter valued at about $29,000. Knuff & Co LLC bought a new stake in shares of Intel in the 2nd quarter valued at about $29,000. Finally, Swiss RE Ltd. bought a new stake in shares of Intel in the 4th quarter valued at about $29,000. Institutional investors own 64.53% of the company’s stock.

Insiders Place Their Bets

In other Intel news, CEO Lip Bu Tan bought 105,263 shares of the company’s stock in a transaction that occurred on Tuesday, August 11th. The shares were purchased at an average cost of $95.00 per share, for a total transaction of $9,999,985.00. Following the purchase, the chief executive officer directly owned 1,314,669 shares in the company, valued at $124,893,555. This represents a 8.70% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. 0.05% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

INTC has been the topic of a number of recent research reports. BTIG Research upgraded shares of Intel from a “neutral” rating to a “buy” rating in a research note on Thursday, June 11th. Citigroup upgraded Intel from a “positive” rating to a “buy” rating in a report on Thursday, July 23rd. Piper Sandler assumed coverage on Intel in a report on Thursday, June 11th. They issued a “neutral” rating on the stock. Zacks Research lowered Intel from a “strong-buy” rating to a “hold” rating in a research report on Friday, July 31st. Finally, Sanford C. Bernstein restated a “market perform” rating and set a $110.00 price objective on shares of Intel in a research note on Monday, July 27th. One analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating, thirty-one have assigned a Hold rating and three have assigned a Sell rating to the stock. According to MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $107.46.

Intel Trading Up 0.0%

NASDAQ:INTC opened at $89.51 on Tuesday. The stock has a market capitalization of $451.49 billion, a price-to-earnings ratio of -42.42, a PEG ratio of 9.89 and a beta of 2.22. Intel Corporation has a 52 week low of $23.68 and a 52 week high of $142.35. The company has a quick ratio of 1.25, a current ratio of 1.60 and a debt-to-equity ratio of 0.47. The firm has a 50 day moving average of $103.61 and a 200 day moving average of $86.94.

Intel (NASDAQ:INTC) last released its quarterly earnings results on Thursday, July 23rd. The chip maker reported $0.42 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.21 by $0.21. The business had revenue of $16.13 billion for the quarter, compared to analyst estimates of $14.43 billion. Intel had a negative net margin of 19.79% and a positive return on equity of 2.62%. The business’s revenue for the quarter was up 25.2% on a year-over-year basis. During the same period in the previous year, the company earned ($0.10) earnings per share. Intel has set its Q3 2026 guidance at 0.380-0.380 EPS. As a group, sell-side analysts anticipate that Intel Corporation will post 1 earnings per share for the current fiscal year.

Intel News Summary

Here are the key news stories impacting Intel this week:

• Positive Sentiment: Reports that South Korean memory-chip maker SK Hynix was considering Intel Foundry to manufacture base dies for next-generation HBM4E memory initially boosted hopes for a major external customer and validated Intel’s manufacturing ambitions. CEO Lip-Bu Tan’s reported purchase of roughly $12 million in Intel shares also signaled management confidence. Intel Stock Notches Up as SK Hynix Considers New Deal
• Positive Sentiment: Intel could benefit from the rapid expansion of AI infrastructure and from large-scale chip-production projects in the United States, including Elon Musk’s reported planned facility near Houston. More domestic manufacturing demand would support the strategic rationale for Intel’s foundry investments, though the project is not confirmed as an Intel contract. Elon Musk Is Spending $119 Billion on a Single Building Outside Houston
• Neutral Sentiment: SK Hynix subsequently denied the reported HBM4E partnership, removing the immediate catalyst and underscoring that Intel’s potential foundry wins remain uncommitted. SK Hynix Denies Report of Intel Foundry Partnership
• Negative Sentiment: Analysts continue to question whether AI-related revenue can arrive quickly enough to offset Intel’s rising capital spending and foundry losses. Outside customers currently contribute little foundry revenue, making utilization and execution key risks for the stock. Intel Stock Is Paying Now for Revenue Due Later
• Negative Sentiment: Competitive concerns remain: coverage argues AMD continues to take share from Intel, while Nvidia’s strong growth in newer data-center products could further pressure Intel’s position in AI hardware. AMD: Still Eating Intel’s Lunch

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.