31,009 Shares in Intel Corporation $INTC Purchased by Capital Group Investment Management PTE. LTD.

Key Points

• Capital Group Investment Management PTE. LTD. disclosed a new fourth-quarter position in Intel, buying 31,009 shares valued at about $1.14 million.
• Intel continues to attract heavy institutional interest, with major holders like Vanguard, Geode, Capital World Investors and Norges Bank adding to or initiating positions; institutions now own 64.53% of the company.
• Wall Street remains mixed on Intel despite recent target increases, with analysts assigning a consensus Hold rating and an average price target of $83.35.

Capital Group Investment Management PTE. LTD. bought a new position in Intel Corporation (NASDAQ:INTC - Free Report) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 31,009 shares of the chip maker's stock, valued at approximately $1,144,000.

A number of other institutional investors and hedge funds have also recently made changes to their positions in the stock. Vanguard Group Inc. lifted its holdings in shares of Intel by 3.5% in the fourth quarter. Vanguard Group Inc. now owns 404,522,308 shares of the chip maker's stock worth $14,926,873,000 after acquiring an additional 13,692,624 shares during the last quarter. Geode Capital Management LLC lifted its holdings in shares of Intel by 3.2% in the fourth quarter. Geode Capital Management LLC now owns 101,931,512 shares of the chip maker's stock worth $3,744,406,000 after acquiring an additional 3,124,798 shares during the last quarter. Capital World Investors lifted its holdings in shares of Intel by 32.5% in the third quarter. Capital World Investors now owns 86,503,121 shares of the chip maker's stock worth $2,902,180,000 after acquiring an additional 21,230,715 shares during the last quarter. Norges Bank bought a new position in shares of Intel in the fourth quarter worth about $2,233,159,000. Finally, Van ECK Associates Corp lifted its holdings in shares of Intel by 18.3% in the third quarter. Van ECK Associates Corp now owns 55,521,741 shares of the chip maker's stock worth $1,862,755,000 after acquiring an additional 8,569,812 shares during the last quarter. Institutional investors own 64.53% of the company's stock.

Wall Street Analyst Weigh In

A number of research analysts have recently commented on INTC shares. Truist Financial increased their target price on shares of Intel from $49.00 to $81.00 and gave the stock a "hold" rating in a report on Friday, April 24th. Benchmark increased their target price on shares of Intel from $105.00 to $140.00 and gave the stock a "buy" rating in a report on Monday, May 18th. KeyCorp increased their target price on shares of Intel from $70.00 to $110.00 and gave the stock an "overweight" rating in a report on Friday, April 24th. Rosenblatt Securities increased their target price on shares of Intel from $30.00 to $50.00 and gave the stock a "sell" rating in a report on Friday, April 24th. Finally, Jefferies Financial Group increased their target price on shares of Intel from $60.00 to $80.00 and gave the stock a "hold" rating in a report on Friday, April 24th. One investment analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating, twenty-six have issued a Hold rating and four have assigned a Sell rating to the company's stock. Based on data from MarketBeat.com, the stock has an average rating of "Hold" and a consensus price target of $83.35.

Intel News Summary

Here are the key news stories impacting Intel this week:

• Positive Sentiment: Intel announced strategic collaborations with Foxconn and Hitachi to accelerate next-generation AI infrastructure, industrial AI, and intelligent computing platforms, which could expand its role in the AI buildout over time. Reuters: Foxconn announces strategic collaboration with Intel on next-gen AI infrastructure
• Positive Sentiment: Intel continues to benefit from investor enthusiasm around AI inference and CPU demand, with recent reports noting strong options activity and a sharp rally earlier in the week. Motley Fool: Why Intel Stock Rallied Today
• Neutral Sentiment: Several articles highlighted that Intel’s stock has had a huge run over the past year, suggesting traders may be weighing valuation after the recent surge rather than treating the AI deals as immediate earnings drivers.
• Negative Sentiment: NVIDIA’s launch of a new PC chip is being seen as a direct challenge to Intel’s most important businesses, increasing fears of longer-term competitive pressure in personal computers and CPUs. 24/7 Wall St.: Nvidia Launches PC Chip in a Direct Challenge Against Intel
• Negative Sentiment: Intel was also caught up in a broad semiconductor and tech selloff tied to Broadcom’s weak AI outlook, which pressured chip stocks across the group. Invezz: Intel, AMD stocks slide again in aftermath of Broadcom's weak outlook

Intel Stock Performance

NASDAQ:INTC opened at $99.17 on Friday. The company has a market capitalization of $498.43 billion, a PE ratio of -159.95 and a beta of 2.21. The company has a 50 day simple moving average of $88.25 and a two-hundred day simple moving average of $58.80. The company has a debt-to-equity ratio of 0.34, a quick ratio of 1.85 and a current ratio of 2.31. Intel Corporation has a fifty-two week low of $18.97 and a fifty-two week high of $132.75.

Intel (NASDAQ:INTC - Get Free Report) last released its earnings results on Thursday, April 23rd. The chip maker reported $0.29 earnings per share for the quarter, beating analysts' consensus estimates of $0.01 by $0.28. The business had revenue of $13.58 billion during the quarter, compared to the consensus estimate of $12.32 billion. Intel had a negative net margin of 5.90% and a positive return on equity of 0.39%. The company's revenue for the quarter was up 7.4% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.13 EPS. Intel has set its Q2 2026 guidance at 0.200-0.200 EPS. Research analysts anticipate that Intel Corporation will post 0.63 earnings per share for the current year.

Insiders Place Their Bets

In other Intel news, EVP Boise April Miller sold 40,256 shares of the stock in a transaction that occurred on Friday, May 1st. The shares were sold at an average price of $99.53, for a total transaction of $4,006,679.68. Following the completion of the sale, the executive vice president owned 105,077 shares of the company's stock, valued at approximately $10,458,313.81. This represents a 27.70% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Corporate insiders own 0.05% of the company's stock.

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.

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