Intel Corporation $INTC Stock Bought by Royal Palms Capital LLC

Royal Palms Capital LLC increased its position in Intel Corporation (NASDAQ:INTC) by 76.2% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 23,339 shares of the chip maker’s stock after buying an additional 10,093 shares during the quarter. Intel accounts for 2.5% of Royal Palms Capital LLC’s portfolio, making the stock its 22nd largest position. Royal Palms Capital LLC’s holdings in Intel were worth $2,806,000 at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of INTC. State Street Corp grew its position in Intel by 1.2% during the second quarter. State Street Corp now owns 216,849,675 shares of the chip maker’s stock valued at $30,278,720,000 after acquiring an additional 2,528,657 shares during the last quarter. Primecap Management Co. CA bought a new stake in shares of Intel in the 2nd quarter worth approximately $10,507,291,000. Amundi lifted its holdings in shares of Intel by 14.9% in the 1st 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 lifted its holdings in shares of Intel by 35.7% in the 2nd 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 boosted its stake in shares of Intel by 0.4% in the 1st 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 purchasing an additional 112,054 shares in the last quarter. Institutional investors own 64.53% of the company’s stock.

Intel News Summary

Here are the key news stories impacting Intel this week:

• Positive Sentiment: The FCC granted Intel a waiver allowing the company to continue using foreign-made robotic devices, easing a potential regulatory and manufacturing constraint. FCC grants Intel waiver for foreign-made robotic devices
• Positive Sentiment: Wedbush identified a potential boost from Intel’s Arizona chip plant, while continued construction progress at the company’s Ohio project reinforced the turnaround narrative and long-term domestic-foundry strategy. Intel Stock Rises as Wedbush Spots a Potential Boost From Arizona Chip Plant
• Positive Sentiment: Investors are positioning for the October 29 quarterly report. Analysts and bullish commentators point to strong server-CPU demand, recent price increases and Intel’s history of exceeding its own forecasts as possible sources of an earnings or guidance beat. Options markets imply a potentially sizable post-earnings move. Prediction: Intel Stock Will Take Off After Oct. 29
• Positive Sentiment: Erste Group raised its fiscal 2027 EPS forecast for Intel to $1.59 from $1.56, above the broader consensus estimate of $1.05, signaling improving expectations for the company’s earnings recovery.
• Neutral Sentiment: The move also reflected a rebound in selected technology shares despite broader market pressure from higher oil prices and concerns about inflation, interest rates and the cost of AI infrastructure. Why are AMD, Intel stocks gaining today?
• Negative Sentiment: Risks remain ahead of earnings: Intel’s third-quarter outlook called for adjusted EPS of $0.38, below the prior quarter’s $0.42, while analysts continue to question whether its foundry operations can achieve competitive yields and scale. Nvidia’s expansion into CPU markets also presents a longer-term competitive threat. The Foundry Disconnect: Intel Nails the Transistor, But TSMC Holds the Keys to Yield and Scale

Insider Buying and Selling

In other news, CEO Lip Bu Tan purchased 105,263 shares of the company’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 directly owned 1,314,669 shares of the company’s stock, valued at approximately $124,893,555. This represents a 8.70% increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 0.05% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

INTC has been the topic of several recent research reports. Needham & Company LLC reaffirmed a “hold” rating on shares of Intel in a report on Friday, July 24th. Susquehanna lowered their price target on shares of Intel from $115.00 to $105.00 and set a “neutral” rating for the company in a research note on Wednesday, October 21st. HC Wainwright set a $150.00 price target on shares of Intel in a research report on Monday, June 29th. DA Davidson upped their price target on shares of Intel from $77.00 to $100.00 and gave the company a “neutral” rating in a research report on Friday, July 24th. Finally, The Goldman Sachs Group initiated coverage on Intel in a research note on Monday, October 19th. They set a “neutral” rating on the stock. One investment analyst has rated the stock with a Strong Buy rating, twenty have issued a Buy rating, twenty-seven have given a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $108.23.

Intel Stock Performance

Shares of INTC stock opened at $86.96 on Monday. The company has a market capitalization of $438.63 billion, a P/E ratio of -41.21, a PEG ratio of 9.23 and a beta of 2.22. Intel Corporation has a fifty-two week low of $32.89 and a fifty-two week high of $142.35. The company has a debt-to-equity ratio of 0.47, a quick ratio of 1.25 and a current ratio of 1.60. The stock has a 50 day moving average price of $101.97 and a two-hundred day moving average price of $103.18.

Intel (NASDAQ:INTC) last issued its 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. Intel had a negative net margin of 19.79% and a positive return on equity of 2.62%. The firm had revenue of $16.13 billion for the quarter, compared to analysts’ expectations of $14.43 billion. During the same quarter last year, the business earned ($0.10) earnings per share. The business’s revenue was up 25.2% on a year-over-year basis. Analysts expect that Intel Corporation will post 1.05 earnings per share for the current year.

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.