Candriam S.C.A. Has $16.04 Million Stake in Intel Corporation $INTC

Key Points

• Candriam S.C.A. increased its Intel stake by 2.8% in the first quarter, ending with 363,368 shares valued at about $16.0 million.
• Intel continues to draw mixed Wall Street views: several firms recently raised price targets or upgraded the stock, but the overall consensus remains Hold with a $97.88 average target.
• The company reported a Q1 earnings beat, with EPS of $0.29 versus $0.01 expected and revenue of $13.58 billion, while recent coverage highlights improving margins and progress in its turnaround story.

Candriam S.C.A. lifted its position in shares of Intel Corporation (NASDAQ:INTC - Free Report) by 2.8% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 363,368 shares of the chip maker's stock after buying an additional 9,948 shares during the quarter. Candriam S.C.A.'s holdings in Intel were worth $16,035,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Financial Life Planners bought a new stake in shares of Intel in the 1st quarter valued at $25,000. Financially Speaking Inc lifted its position in shares of Intel by 69.2% during the 4th quarter. Financially Speaking Inc now owns 682 shares of the chip maker's stock valued at $25,000 after acquiring an additional 279 shares during the period. Legacy Bridge LLC bought a new position in Intel during the fourth quarter worth $26,000. Raleigh Capital Management Inc. acquired a new stake in Intel in the fourth quarter worth $29,000. Finally, Swiss RE Ltd. bought a new stake in Intel in the fourth quarter valued at $29,000. Institutional investors and hedge funds own 64.53% of the company's stock.

Analyst Upgrades and Downgrades

A number of research firms have recently issued reports on INTC. Oppenheimer assumed coverage on shares of Intel in a research report on Thursday, June 11th. They set an "outperform" rating on the stock. Truist Financial upped their target price on Intel from $49.00 to $81.00 and gave the stock a "hold" rating in a research report on Friday, April 24th. DA Davidson boosted their price target on shares of Intel from $45.00 to $77.00 and gave the company a "neutral" rating in a research note on Friday, April 24th. BTIG Research upgraded shares of Intel from a "neutral" rating to a "buy" rating in a report on Thursday, June 11th. Finally, Zacks Research upgraded shares of Intel from a "hold" rating to a "strong-buy" rating in a report on Tuesday, June 23rd. Two equities research analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating, twenty-eight have issued a Hold rating and four have issued a Sell rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of "Hold" and a consensus price target of $97.88.

Insiders Place Their Bets

In other 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 transaction, the executive vice president directly owned 105,077 shares of the company's stock, valued at $10,458,313.81. This represents a 27.70% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 0.05% of the stock is currently owned by insiders.

Intel Stock Performance

Shares of Intel stock traded down $2.70 during mid-day trading on Friday, hitting $109.84. 70,546,691 shares of the stock were exchanged, compared to its average volume of 112,485,528. Intel Corporation has a 12 month low of $18.97 and a 12 month high of $142.35. The company has a 50-day simple moving average of $118.67 and a 200 day simple moving average of $73.63. The company has a market capitalization of $552.06 billion, a P/E ratio of -177.16 and a beta of 2.18. 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 (NASDAQ:INTC - Get Free Report) last issued its quarterly earnings results on Thursday, April 23rd. The chip maker reported $0.29 EPS for the quarter, beating analysts' consensus estimates of $0.01 by $0.28. The company had revenue of $13.58 billion during the quarter, compared to the consensus estimate of $12.32 billion. Intel had a positive return on equity of 0.39% and a negative net margin of 5.90%.Intel's revenue was up 7.4% on a year-over-year basis. During the same period last year, the business posted $0.13 earnings per share. Intel has set its Q2 2026 guidance at 0.200-0.200 EPS. Sell-side analysts anticipate that Intel Corporation will post 0.64 earnings per share for the current fiscal year.

Intel News Summary

Here are the key news stories impacting Intel this week:

• Positive Sentiment: Stifel raised its price target on Intel to $120 from $75, signaling continued confidence in the company’s recovery trajectory. Benzinga report on Stifel target hike
• Positive Sentiment: Intel’s operating margins are improving, with recent commentary noting non-GAAP operating income of $1.7 billion and margin expansion to 12.3% in Q1 2026, supporting the turnaround story. Zacks article on improving margins
• Positive Sentiment: Articles pointed to Intel’s turnaround gaining credibility, citing revenue beats, growth in data center and AI sales, and progress at its 18A manufacturing node. 247WallSt turnaround article
• Neutral Sentiment: HSBC remained constructive on Intel but the stock still fell despite that support, suggesting investors are focusing more on valuation and sector rotation than on bullish commentary alone. TipRanks/HSBC mention
• Neutral Sentiment: Intel’s upcoming Q2 earnings on July 23 remain a key catalyst, with investors looking for confirmation that recent operational improvements are sustainable. TipRanks Wells Fargo earnings preview
• Negative Sentiment: Several reports said Intel was hit by a broad semiconductor selloff and profit-taking, which pressured the stock alongside peers like AMD and Micron. Yahoo Finance article on Intel shares down today
• Negative Sentiment: Bearish analyst and short-seller commentary also weighed on sentiment, including JPMorgan naming Intel a high-conviction short idea and other notes warning the stock may be expensive after its big rally. Benzinga JPMorgan short idea article

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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