159,425 Shares in Intel Corporation $INTC Acquired by Allstate Corp

Key Points

• Allstate Corp added a new stake of 159,425 Intel shares in Q3 valued at about $5.35 million, with institutional investors now owning roughly 64.53% of the company; other notable buys include Wealth Enhancement Advisory adding 199,953 shares to hold 902,012 shares.
• Analyst sentiment is mixed: several firms (Citi, Loop Capital, UBS) have raised price targets toward ~$49–$50, supporting upside, but the MarketBeat consensus remains a "Reduce" with an average target of $39.46 and skeptics warn Intel's foundry story may not deliver near‑term revenue or margin gains.
• Latest results and price context: Intel reported Q3 revenue of $13.65 billion and $0.23 EPS (a revenue beat), and its shares recently traded near $47 (1‑year range $17.67–$50.39) with a market cap around $224.3 billion.

Allstate Corp acquired a new stake in Intel Corporation (NASDAQ:INTC - Free Report) in the 3rd quarter, according to the company in its most recent filing with the SEC. The fund acquired 159,425 shares of the chip maker's stock, valued at approximately $5,349,000.

Other institutional investors and hedge funds also recently bought and sold shares of the company. NorthCrest Asset Manangement LLC increased its stake in shares of Intel by 2.7% in the third quarter. NorthCrest Asset Manangement LLC now owns 142,105 shares of the chip maker's stock valued at $5,282,000 after buying an additional 3,724 shares in the last quarter. Jericho Financial LLP increased its position in Intel by 3.2% in the 3rd quarter. Jericho Financial LLP now owns 166,576 shares of the chip maker's stock valued at $5,589,000 after acquiring an additional 5,238 shares in the last quarter. Wealth Enhancement Advisory Services LLC raised its stake in shares of Intel by 28.5% in the third quarter. Wealth Enhancement Advisory Services LLC now owns 902,012 shares of the chip maker's stock worth $33,528,000 after acquiring an additional 199,953 shares during the last quarter. DMC Group LLC lifted its position in shares of Intel by 15.1% during the third quarter. DMC Group LLC now owns 27,377 shares of the chip maker's stock worth $918,000 after purchasing an additional 3,586 shares in the last quarter. Finally, Tred Avon Family Wealth LLC bought a new stake in shares of Intel during the third quarter valued at approximately $321,000. Institutional investors and hedge funds own 64.53% of the company's stock.

Intel News Roundup

Here are the key news stories impacting Intel this week:

• Positive Sentiment: Analyst upgrades and higher targets from some shops (Citi upgraded INTC to Neutral and raised its target to $50), supporting conviction that the turnaround has legs. Citi upgrades Intel to Neutral
• Positive Sentiment: Loop Capital and other firms raised price targets (Loop to $50), providing additional analyst support for further upside. Loop Capital raises Intel target to $50
• Positive Sentiment: Macro/product momentum: reports of sold‑out 2026 server CPU capacity and partnership buzz (including Apple rumors) are driving optimism about revenue and pricing power into 2026. Intel extends comeback as investors bet on foundry growth
• Neutral Sentiment: Options-market positioning and some desks see more upside into earnings — that can amplify moves in either direction around the Jan. 22 print. Options data ahead of Intel earnings
• Neutral Sentiment: UBS notes that the bullish narrative is dominant but says fundamentals are improving — a reminder sentiment, not just numbers, is driving recent strength. UBS: narrative vs fundamentals
• Negative Sentiment: Skeptics caution the foundry story may not translate into near-term revenue/margin tailwinds; some analysts say foundry plans give Intel little immediate help, which can cap upside if results disappoint. Foundry plans give Intel little help
• Negative Sentiment: Not all target changes are bullish: Susquehanna’s raise still implies a lower fair value (~$40) versus recent market levels, underlining analyst disagreement and potential downside if guidance or execution miss. Susquehanna adjusts Intel price target to $40

Intel Price Performance

Shares of NASDAQ INTC opened at $46.96 on Monday. The company has a fifty day moving average price of $38.96 and a 200 day moving average price of $32.13. Intel Corporation has a 1-year low of $17.67 and a 1-year high of $50.39. The firm has a market cap of $224.33 billion, a PE ratio of 4,700.70, a PEG ratio of 30.67 and a beta of 1.35. The company has a current ratio of 1.60, a quick ratio of 1.25 and a debt-to-equity ratio of 0.38.

Intel (NASDAQ:INTC - Get Free Report) last released its quarterly earnings results on Thursday, October 23rd. The chip maker reported $0.23 earnings per share for the quarter. Intel had a negative return on equity of 0.75% and a net margin of 0.37%.The firm had revenue of $13.65 billion during the quarter, compared to the consensus estimate of $13.10 billion. During the same quarter in the prior year, the firm posted ($0.46) EPS. The business's revenue was up 3.0% on a year-over-year basis. Intel has set its Q4 2025 guidance at 0.080-0.080 EPS. Research analysts predict that Intel Corporation will post -0.11 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several research analysts recently weighed in on the stock. Truist Financial boosted their price objective on shares of Intel from $21.00 to $39.00 and gave the stock a "hold" rating in a research report on Friday, October 24th. JPMorgan Chase & Co. boosted their target price on Intel from $21.00 to $30.00 and gave the stock an "underweight" rating in a research report on Friday, October 24th. UBS Group raised their price target on Intel from $40.00 to $49.00 and gave the company a "neutral" rating in a report on Wednesday. BNP Paribas Exane boosted their price objective on Intel from $19.00 to $30.00 and gave the stock an "underperform" rating in a report on Friday, October 24th. Finally, DZ Bank reaffirmed a "sell" rating on shares of Intel in a research note on Friday, October 24th. Five investment analysts have rated the stock with a Buy rating, twenty-six have assigned a Hold rating and seven have given a Sell rating to the company. According to data from MarketBeat, the company presently has a consensus rating of "Reduce" and an average price target of $39.46.

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.

Want to see what other hedge funds are holding INTC? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Intel Corporation (NASDAQ:INTC - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.