Cohen Capital Management Inc. Sells 11,061 Shares of Intel Corporation $INTC

Key Points

• Cohen Capital Management cut its Intel stake by 25.4% in the second quarter, selling 11,061 shares and retaining 32,472 shares valued at approximately $4.5 million.
• Despite Cohen’s reduction, several major institutions—including Norges Bank, Capital Research, Capital World Investors, Vanguard and Morgan Stanley—increased their Intel holdings; institutional investors now own 64.53% of the company.
• Intel reported strong quarterly results, with revenue up 25.2% year over year to $16.13 billion and adjusted EPS of $0.42, but analysts remain cautious. The stock carries a consensus “Hold” rating with a $107.93 average price target amid foundry-execution challenges, security concerns and recent profit-taking.

Cohen Capital Management Inc. lowered its holdings in Intel Corporation (NASDAQ:INTC - Free Report) by 25.4% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 32,472 shares of the chip maker's stock after selling 11,061 shares during the quarter. Cohen Capital Management Inc.'s holdings in Intel were worth $4,534,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Norges Bank purchased a new stake in Intel during the 4th quarter valued at $2,233,159,000. Capital Research Global Investors boosted its stake in shares of Intel by 285.9% in the 4th quarter. Capital Research Global Investors now owns 26,619,928 shares of the chip maker's stock worth $982,279,000 after buying an additional 19,722,010 shares during the last quarter. Capital World Investors boosted its stake in shares of Intel by 20.3% in the 4th quarter. Capital World Investors now owns 104,060,268 shares of the chip maker's stock worth $3,839,833,000 after buying an additional 17,557,147 shares during the last quarter. Vanguard Group Inc. grew 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 period. Finally, Morgan Stanley increased its position in Intel by 20.4% during the fourth quarter. Morgan Stanley now owns 65,249,269 shares of the chip maker's stock valued at $2,407,698,000 after acquiring an additional 11,056,090 shares during the last quarter. Institutional investors own 64.53% of the company's stock.

More Intel News

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

Wall Street Analysts Forecast Growth

INTC has been the topic of a number of recent research reports. Melius Research set a $150.00 target price on Intel in a report on Monday, May 18th. Truist Financial upped their price target on shares of Intel from $81.00 to $108.00 and gave the company a "hold" rating in a research report on Friday, July 24th. Wedbush raised their price objective on shares of Intel from $60.00 to $98.00 and gave the stock a "neutral" rating in a report on Friday, July 24th. Robert W. Baird boosted their target price on shares of Intel from $75.00 to $125.00 and gave the company a "neutral" rating in a research report on Friday, July 24th. Finally, TD Cowen upped their target price on shares of Intel from $75.00 to $115.00 and gave the company a "hold" rating in a report on Monday, July 13th. 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's stock. According to data from MarketBeat, Intel has a consensus rating of "Hold" and an average price target of $107.93.

Intel Price Performance

Shares of NASDAQ:INTC opened at $99.81 on Friday. The company has a market capitalization of $503.44 billion, a P/E ratio of -47.30 and a beta of 2.22. Intel Corporation has a 1-year low of $19.60 and a 1-year high of $142.35. The firm's 50 day simple moving average is $111.27 and its two-hundred day simple moving average is $81.37. The company has a debt-to-equity ratio of 0.47, a current ratio of 1.60 and a quick ratio of 1.25.

Intel (NASDAQ:INTC - Get Free Report) last announced its quarterly earnings data 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. 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 analysts' expectations of $14.43 billion. During the same period in the prior year, the company posted ($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. Research analysts expect that Intel Corporation will post 1.01 EPS for the current fiscal year.

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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