Barbara Oil Co. Makes New Investment in Intel Corporation $INTC

Key Points

• Barbara Oil Co. purchased 85,000 Intel shares worth approximately $11.9 million in the second quarter, making Intel its sixth-largest holding and 4% of its portfolio. Institutional investors collectively own 64.53% of Intel.
• Intel reported quarterly EPS of $0.42 versus the $0.21 consensus estimate, while revenue rose 25.2% year over year to $16.13 billion. CEO Lip-Bu Tan also bought nearly $10 million of Intel stock, signaling management confidence.
• Analyst sentiment remains mixed, with Intel carrying a consensus “Hold” rating and an average price target of $107.46; targets recently ranged from $108 to $125.

Barbara Oil Co. bought a new stake in shares of Intel Corporation (NASDAQ:INTC - Free Report) during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund bought 85,000 shares of the chip maker's stock, valued at approximately $11,869,000. Intel makes up 4.0% of Barbara Oil Co.'s portfolio, making the stock its 6th biggest position.

A number of other large investors also recently made changes to their positions in the business. Sivia Capital Partners LLC raised its stake in shares of Intel by 271.7% during the 2nd quarter. Sivia Capital Partners LLC now owns 34,201 shares of the chip maker's stock worth $766,000 after purchasing an additional 25,001 shares in the last quarter. United Bank acquired a new stake in shares of Intel in the second quarter worth $205,000. Gamco Investors INC. ET AL boosted its holdings in Intel by 12.3% in the 2nd quarter. Gamco Investors INC. ET AL now owns 13,737 shares of the chip maker's stock valued at $308,000 after purchasing an additional 1,508 shares during the period. NewEdge Advisors LLC grew its position in Intel by 29.6% in the 2nd quarter. NewEdge Advisors LLC now owns 158,277 shares of the chip maker's stock worth $3,545,000 after purchasing an additional 36,116 shares during the last quarter. Finally, Sei Investments Co. lifted its stake in shares of Intel by 9.9% in the second quarter. Sei Investments Co. now owns 828,352 shares of the chip maker's stock valued at $18,556,000 after buying an additional 74,838 shares during the period. 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: Intel CEO Lip-Bu Tan reportedly purchased approximately $10 million of company stock, a transaction investors may view as a sign of management confidence in the foundry recovery and long-term strategy. CEO Lip-Bu Tan Just Gave 12 Million Reasons to Buy Intel Stock
• Positive Sentiment: Commentary continues to highlight potential foundry contracts, advanced packaging and high-bandwidth-memory opportunities. A possible relationship with SK Hynix had fueled optimism that Intel could attract a major external customer, although the report was subsequently denied by SK Hynix. Intel Stock Notches Up as SK Hynix Considers New Deal
• Positive Sentiment: A partnership expansion with Kasm Technologies supports private, on-premises AI inference using Intel Xeon 6 processors, reinforcing Intel’s opportunity in regulated markets where customers want data to remain within corporate networks. Intel’s Privacy-Focused AI and Foundry Momentum

Analysts Set New Price Targets

A number of research analysts recently commented on the company. Robert W. Baird upped their target price on Intel from $75.00 to $125.00 and gave the company a "neutral" rating in a research note on Friday, July 24th. Roth Capital lifted their price target on shares of Intel from $100.00 to $120.00 and gave the stock a "buy" rating in a research note on Friday, July 24th. Truist Financial boosted their price target on shares of Intel from $81.00 to $108.00 and gave the company a "hold" rating in a report on Friday, July 24th. Stifel Nicolaus dropped their price objective on shares of Intel from $120.00 to $110.00 and set a "hold" rating for the company in a research note on Friday, July 24th. Finally, Daiwa Securities Group lowered shares of Intel from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, August 4th. One equities research 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 company. Based on data from MarketBeat.com, the company currently has an average rating of "Hold" and an average target price of $107.46.

Intel Stock Down 0.6%

Shares of NASDAQ:INTC opened at $88.97 on Wednesday. Intel Corporation has a 52 week low of $23.68 and a 52 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 company has a market capitalization of $448.76 billion, a PE ratio of -42.17, a PEG ratio of 9.88 and a beta of 2.22. The company has a 50 day moving average price of $102.74 and a two-hundred day moving average price of $87.23.

Intel (NASDAQ:INTC - Get Free Report) last announced 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. Intel had a positive return on equity of 2.62% and a negative net margin of 19.79%.The company had revenue of $16.13 billion during the quarter, compared to the consensus estimate of $14.43 billion. During the same period in the prior year, the company earned ($0.10) earnings per share. The company's revenue for the quarter was up 25.2% compared to the same quarter last year. Intel has set its Q3 2026 guidance at 0.380-0.380 EPS. Analysts forecast that Intel Corporation will post 1.01 earnings per share for the current year.

Insider Activity at Intel

In other Intel news, CEO Lip Bu Tan acquired 105,263 shares of Intel stock in a transaction dated Tuesday, August 11th. The stock was bought 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 approximately $124,893,555. This represents a 8.70% increase in their position. The purchase was disclosed in a document filed with the SEC, which can be accessed through this link. 0.05% of the stock is currently owned by corporate insiders.

About Intel

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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