Banco Santander S.A. Increases Stock Holdings in Intel Corporation $INTC

Key Points

• Banco Santander increased its Intel stake by 91.6% in the second quarter, purchasing 286,977 additional shares and bringing its holdings to 600,233 shares valued at approximately $83.8 million.
• Intel reported strong second-quarter results, with revenue rising 25.2% year over year to $16.13 billion and EPS of $0.42, while CEO Lip-Bu Tan separately bought roughly $10 million of Intel stock at $95 per share.
• Despite improving operating momentum, Intel faces dilution from a planned $20 billion stock offering and questions about converting new capital into profitable foundry growth; analysts maintain a consensus “Hold” rating with a $107.85 price target.

Banco Santander S.A. lifted its position in shares of Intel Corporation (NASDAQ:INTC - Free Report) by 91.6% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 600,233 shares of the chip maker's stock after buying an additional 286,977 shares during the quarter. Banco Santander S.A.'s holdings in Intel were worth $83,811,000 at the end of the most recent quarter.

A number of other large investors have also recently added to or reduced their stakes in INTC. iA Global Asset Management Inc. raised its position in shares of Intel by 17.0% during the 4th quarter. iA Global Asset Management Inc. now owns 593,043 shares of the chip maker's stock worth $21,883,000 after purchasing an additional 86,189 shares during the last quarter. Whalerock Point Partners LLC purchased a new stake in Intel in the 4th quarter valued at approximately $205,000. Heritage Investment Group Inc. acquired a new stake in Intel during the 4th quarter valued at $219,000. Dixon Mitchell Investment Counsel Inc. acquired a new stake in Intel during the 4th quarter valued at $185,000. Finally, Northwestern Mutual Wealth Management Co. increased its position in Intel by 5.7% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 255,261 shares of the chip maker's stock worth $9,419,000 after buying an additional 13,858 shares in the last quarter. 64.53% of the stock is owned by institutional investors and hedge funds.

More Intel News

Here are the key news stories impacting Intel this week:

• Positive Sentiment: CEO Lip-Bu Tan purchased 105,263 Intel shares at $95 each, investing approximately $10 million and increasing his direct stake by 8.7%. The purchase is viewed as a vote of confidence in Intel’s recovery strategy. Intel insider purchase filing
• Positive Sentiment: Analyst and media coverage highlighted Intel’s approximately $20 billion equity raise as potential funding for expanded foundry capacity, production growth and new customer wins. Some analysts believe demand for Intel’s server processors is currently exceeding its manufacturing capacity. Intel foundry capital raise article
• Positive Sentiment: Intel’s second-quarter results showed strong momentum: revenue rose roughly 25% year over year to $16.1 billion, with Data Center and AI revenue reportedly increasing 59%. The results exceeded analyst expectations and reinforced the AI-related CPU growth narrative. Intel revenue growth article
• Neutral Sentiment: Intel is considering a return to the memory-chip market, supported by the capital raise and the appointment of former SK Hynix CEO Seok-Hee Lee to Intel Foundry. The opportunity could expand Intel’s addressable market, but the plan remains exploratory and would require substantial investment. Intel memory market article
• Negative Sentiment: The $20 billion common-stock offering creates significant dilution for existing shareholders and has encouraged profit-taking after Intel’s substantial rally. Investors are also focused on whether management can convert the new capital into profitable foundry growth and sustained free cash flow. Intel stock offering discussion

Insider Buying and Selling at Intel

In related news, CEO Lip Bu Tan acquired 105,263 shares of the stock in a transaction dated Tuesday, August 11th. The stock was bought at an average cost of $95.00 per share, with a total value of $9,999,985.00. Following the purchase, 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 ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 0.05% of the stock is currently owned by company insiders.

Intel Stock Down 2.0%

INTC opened at $102.50 on Friday. The company has a debt-to-equity ratio of 0.47, a current ratio of 1.60 and a quick ratio of 1.25. The stock has a market capitalization of $517.01 billion, a price-to-earnings ratio of -48.58 and a beta of 2.22. The business has a 50-day moving average of $110.26 and a two-hundred day moving average of $83.29. Intel Corporation has a 12 month low of $22.77 and a 12 month high of $142.35.

Intel (NASDAQ:INTC - Get Free Report) last released its earnings results on Thursday, July 23rd. The chip maker reported $0.42 earnings per share (EPS) for the quarter, beating analysts' consensus estimates 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 during the quarter, compared to the consensus estimate of $14.43 billion. During the same period in the previous year, the firm earned ($0.10) earnings per share. Intel'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. On average, research analysts expect that Intel Corporation will post 1.01 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of research firms have recently weighed in on INTC. DZ Bank raised Intel from a "sell" rating to a "neutral" rating in a report on Friday, April 24th. HC Wainwright set a $150.00 price objective on Intel in a research note on Monday, June 29th. Rosenblatt Securities lifted their price objective on Intel from $65.00 to $80.00 and gave the stock a "sell" rating in a research report on Friday, July 24th. Barclays boosted their target price on shares of Intel from $65.00 to $100.00 and gave the company an "equal weight" rating in a research note on Monday, June 1st. Finally, KeyCorp set a $125.00 target price on shares of Intel in a report on Friday, July 24th. One analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, thirty-two have assigned a Hold rating and two have issued a Sell rating to the company. According to MarketBeat.com, the company presently has a consensus rating of "Hold" and a consensus price target of $107.85.

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.

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