Castle Rock Wealth Management LLC Buys 13,261 Shares of Intel Corporation $INTC

Castle Rock Wealth Management LLC lifted its stake in shares of Intel Corporation (NASDAQ:INTC - Free Report) by 87.2% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 28,463 shares of the chip maker's stock after purchasing an additional 13,261 shares during the quarter. Castle Rock Wealth Management LLC's holdings in Intel were worth $3,615,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of INTC. Elmwood Wealth Management Inc. acquired a new position in Intel in the second quarter valued at about $213,000. Elevation Wealth Partners LLC lifted its position in Intel by 210.7% during the second quarter. Elevation Wealth Partners LLC now owns 5,295 shares of the chip maker's stock worth $739,000 after purchasing an additional 3,591 shares during the period. Czech National Bank grew its stake in Intel by 5.2% during the second quarter. Czech National Bank now owns 1,344,757 shares of the chip maker's stock worth $187,768,000 after buying an additional 66,012 shares in the last quarter. PensionDanmark Pensionsforsikringsaktieselskab grew its stake in Intel by 5.9% during the second quarter. PensionDanmark Pensionsforsikringsaktieselskab now owns 782,422 shares of the chip maker's stock worth $109,250,000 after buying an additional 43,311 shares in the last quarter. Finally, Assenagon Asset Management S.A. increased its holdings in Intel by 45.5% in the 2nd quarter. Assenagon Asset Management S.A. now owns 16,151,467 shares of the chip maker's stock valued at $2,255,229,000 after buying an additional 5,053,424 shares during the period. Institutional investors own 64.53% of the company's stock.

Trending Headlines about Intel

Here are the key news stories impacting Intel this week:

• Positive Sentiment: Intel’s turnaround is showing tangible progress: second-quarter revenue rose roughly 25% year over year to $16.1 billion, while improving 18A manufacturing yields, narrowing foundry losses and stronger AI-related demand support the company’s recovery strategy. Management’s higher capital spending reportedly reflects customer commitments and planned capacity expansion. Intel's Turnaround Entered a New Phase
• Positive Sentiment: SoftBank’s quarterly results highlighted an approximately $8.2 billion gain tied largely to its Intel investment, reinforcing market confidence in Intel’s recent appreciation and its role in the AI-chip investment cycle. SoftBank earnings exceed expectations
• Positive Sentiment: AI infrastructure continues to drive demand for semiconductor funds that include Intel, supporting sector-wide momentum and investor interest in the company’s data-center and foundry opportunities. AI infrastructure trade powers leveraged ETFs
• Neutral Sentiment: Analysts and market commentary remain divided: Intel’s improving execution and potential external foundry customers are encouraging, but the company still must prove it can compete with Taiwan Semiconductor Manufacturing in leading-edge manufacturing. Inside Intel
• Negative Sentiment: Reports of a new CPU-level attack are weighing on sentiment because they raise concerns about processor security, potential remediation costs and reputational risk for Intel. Intel stock slips on CPU-level attack report
• Negative Sentiment: Investors are also taking profits after a sharp multi-month advance, while Daiwa Securities downgraded Intel from “strong buy” to “hold.” Elevated expectations increase the risk of further volatility if execution or foundry customer announcements disappoint. Semiconductor rally report

Intel Trading Down 1.2%

NASDAQ INTC opened at $99.81 on Friday. The company has a market cap of $503.44 billion, a price-to-earnings ratio of -47.30 and a beta of 2.22. Intel Corporation has a twelve month low of $19.60 and a twelve month high of $142.35. The company has a quick ratio of 1.25, a current ratio of 1.60 and a debt-to-equity ratio of 0.47. The business's fifty day moving average is $111.27 and its 200 day moving average is $81.37.

Intel (NASDAQ:INTC - Get Free Report) last issued its earnings results on Thursday, July 23rd. The chip maker reported $0.42 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.21 by $0.21. The business had revenue of $16.13 billion during the quarter, compared to analysts' expectations of $14.43 billion. Intel had a positive return on equity of 2.62% and a negative net margin of 19.79%.The business's revenue for the quarter was up 25.2% compared to the same quarter last year. During the same quarter in the prior year, the firm earned ($0.10) EPS. Intel has set its Q3 2026 guidance at 0.380-0.380 EPS. As a group, sell-side analysts expect that Intel Corporation will post 1.01 EPS for the current fiscal year.

Analysts Set New Price Targets

Several equities analysts have recently commented on the stock. Freedom Capital upgraded shares of Intel from a "hold" rating to a "strong-buy" rating in a research report on Tuesday, April 28th. The Goldman Sachs Group reiterated a "neutral" rating on shares of Intel in a research report on Thursday, July 23rd. DA Davidson lifted their price objective on shares of Intel from $77.00 to $100.00 and gave the company a "neutral" rating in a research note on Friday, July 24th. Tigress Financial boosted their price objective on shares of Intel from $66.00 to $118.00 and gave the company a "buy" rating in a research report on Thursday, April 30th. Finally, Sanford C. Bernstein restated a "market perform" rating and set a $110.00 target price on shares of Intel in a research note on Monday, July 27th. One investment analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, thirty-two have issued a Hold rating and two have given a Sell rating to the stock. According to MarketBeat, the stock currently has an average rating of "Hold" and a consensus target price of $107.93.

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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