Corient Private Wealth LLC Purchases 165,084 Shares of Intel Corporation $INTC

Key Points

• Corient Private Wealth LLC increased its Intel stake by 17.4% in the fourth quarter, buying 165,084 additional shares and bringing its total holding to 1,114,483 shares valued at about $41.1 million.
• Other major institutional investors also boosted their positions, including Vanguard, State Street, Capital World Investors, Geode Capital Management, and Morgan Stanley, while institutions now own 64.53% of Intel’s stock.
• Wall Street sentiment remains mixed: the consensus rating is Hold with a price target of $87.29, even as Intel has recently seen positive catalysts around Apple-related chip work, advanced packaging leadership, and progress on its 18A-P manufacturing process.

Corient Private Wealth LLC raised its position in shares of Intel Corporation (NASDAQ:INTC - Free Report) by 17.4% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 1,114,483 shares of the chip maker's stock after buying an additional 165,084 shares during the quarter. Corient Private Wealth LLC's holdings in Intel were worth $41,139,000 at the end of the most recent quarter.

Other hedge funds have also recently modified their holdings of the company. Vanguard Group Inc. boosted its stake in Intel by 3.5% during 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 in the last quarter. State Street Corp increased its stake in shares of Intel by 2.8% during the fourth quarter. State Street Corp now owns 208,536,784 shares of the chip maker's stock valued at $7,695,007,000 after purchasing an additional 5,714,400 shares in the last quarter. Capital World Investors lifted its holdings in shares of Intel by 20.3% during the fourth quarter. Capital World Investors now owns 104,060,268 shares of the chip maker's stock valued at $3,839,833,000 after purchasing an additional 17,557,147 shares during the last quarter. Geode Capital Management LLC boosted its position in shares of Intel by 3.2% in the 4th quarter. Geode Capital Management LLC now owns 101,931,512 shares of the chip maker's stock worth $3,744,406,000 after purchasing an additional 3,124,798 shares in the last quarter. Finally, Morgan Stanley boosted its position in shares of Intel by 20.4% in the 4th quarter. Morgan Stanley now owns 65,249,269 shares of the chip maker's stock worth $2,407,698,000 after purchasing an additional 11,056,090 shares in the last quarter. Institutional investors own 64.53% of the company's stock.

Wall Street Analysts Forecast Growth

INTC has been the subject of a number of analyst reports. Morgan Stanley lowered Intel from an "overweight" rating to an "underweight" rating in a research report on Thursday, June 11th. Raymond James Financial raised Intel from a "hold" rating to a "moderate buy" rating in a report on Tuesday, April 21st. Piper Sandler began coverage on Intel in a research note on Thursday, June 11th. They issued a "neutral" rating on the stock. Wells Fargo & Company raised their price target on Intel from $85.00 to $110.00 and gave the company an "equal weight" rating in a report on Monday, June 1st. Finally, Cantor Fitzgerald lifted their price target on Intel from $65.00 to $90.00 and gave the stock a "neutral" rating in a research report on Friday, April 24th. One analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, twenty-seven have given a Hold rating and four have issued a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and a consensus price target of $87.29.

Trending Headlines about Intel

Here are the key news stories impacting Intel this week:

• Positive Sentiment: Trump’s comments that Apple has agreed to work with Intel on U.S. chip design and production sparked a strong rally, with investors seeing the potential for a high-profile foundry win and a major endorsement of Intel’s turnaround. Reuters: Trump says Apple to work with Intel to manufacture chips in US
• Positive Sentiment: Intel appointed Seok-Hee Lee, a former SK Hynix executive, to lead advanced packaging and back-end foundry manufacturing, which could improve execution in a critical growth area. Reuters: Intel taps industry veteran Seok-Hee Lee
• Positive Sentiment: Intel Foundry said its 18A-P process entered risk production, a milestone that supports the company’s roadmap and strengthens the case for a manufacturing recovery. Yahoo Finance: Intel Foundry Advances Intel 18A-P Process to Risk Production
• Neutral Sentiment: Several opinion pieces and market commentary continue to debate whether Intel’s valuation has run ahead of fundamentals, suggesting expectations are now very high after the rally. 247WallSt: Analyst Warns Intel Valuation Doesn’t Make Sense
• Negative Sentiment: Some analysts remain cautious, arguing Intel’s recent price move may be pricing in too much too quickly and that execution risks remain before the turnaround is fully proven. Seeking Alpha: Intel the Re-Rating Has Gone Too Far

Insider Transactions at Intel

In other Intel news, EVP Boise April Miller sold 40,256 shares of the company's stock in a transaction dated 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 transaction, the executive vice president owned 105,077 shares in the company, valued at approximately $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 accessible through this hyperlink. Corporate insiders own 0.05% of the company's stock.

Intel Price Performance

Intel stock opened at $133.99 on Monday. Intel Corporation has a 12 month low of $18.97 and a 12 month high of $135.48. The stock has a fifty day simple moving average of $102.59 and a two-hundred day simple moving average of $64.87. The company has a current ratio of 2.31, a quick ratio of 1.85 and a debt-to-equity ratio of 0.34. The firm has a market cap of $673.43 billion, a price-to-earnings ratio of -216.11 and a beta of 2.21.

Intel (NASDAQ:INTC - Get Free Report) last announced its quarterly earnings results on Thursday, April 23rd. The chip maker reported $0.29 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.01 by $0.28. Intel had a positive return on equity of 0.39% and a negative net margin of 5.90%.The firm had revenue of $13.58 billion for the quarter, compared to the consensus estimate of $12.32 billion. During the same period in the prior year, the company posted $0.13 earnings per share. The company's quarterly revenue was up 7.4% on a year-over-year basis. Intel has set its Q2 2026 guidance at 0.200-0.200 EPS. Equities analysts predict that Intel Corporation will post 0.63 EPS for the current fiscal year.

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.

Want to see what other hedge funds are holding INTC? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Intel Corporation (NASDAQ:INTC - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.