Cornerstone Capital Inc. Takes Position in Intel Corporation $INTC

Key Points

• Cornerstone Capital bought 18,252 Intel shares in the second quarter, valued at approximately $2.55 million. Institutional investors collectively own 64.53% of Intel.
• Intel reported stronger-than-expected quarterly results, with EPS of $0.42 versus a $0.21 consensus estimate and revenue of $16.13 billion, up 25.2% year over year.
• Despite recent institutional and insider buying, analyst sentiment remains cautious: Intel has a consensus “Hold” rating and a $107.46 price target, while dilution concerns and ongoing profitability risks weigh on the stock.

Cornerstone Capital Inc. purchased a new position in shares of Intel Corporation (NASDAQ:INTC - Free Report) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 18,252 shares of the chip maker's stock, valued at approximately $2,549,000.

A number of other hedge funds also recently bought and sold shares of INTC. Vanguard Group Inc. lifted its stake in 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 last quarter. State Street Corp increased its position in shares of Intel by 2.8% in the 4th 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 during the last quarter. Capital World Investors increased its position 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 valued at $3,839,833,000 after purchasing an additional 17,557,147 shares during the last quarter. Geode Capital Management LLC raised its holdings 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 valued at $3,744,406,000 after purchasing an additional 3,124,798 shares in the last quarter. Finally, Morgan Stanley raised its holdings 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 valued at $2,407,698,000 after purchasing an additional 11,056,090 shares in the last quarter. Institutional investors and hedge funds own 64.53% of the company's stock.

Intel Price Performance

Shares of NASDAQ INTC opened at $90.07 on Friday. The stock has a fifty day moving average price of $108.43 and a 200 day moving average price of $85.00. Intel Corporation has a 1-year low of $23.65 and a 1-year high of $142.35. The company has a debt-to-equity ratio of 0.47, a current ratio of 1.60 and a quick ratio of 1.25. The company has a market cap of $454.31 billion, a PE ratio of -42.69 and a beta of 2.22.

Intel (NASDAQ:INTC - Get Free Report) last released its 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. The company had revenue of $16.13 billion for 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 firm's quarterly revenue was up 25.2% on a year-over-year basis. During the same quarter in the previous year, the firm posted ($0.10) EPS. Intel has set its Q3 2026 guidance at 0.380-0.380 EPS. Sell-side analysts forecast that Intel Corporation will post 1.01 EPS for the current year.

Analyst Ratings Changes

Several research analysts have recently issued reports on the company. Morgan Stanley upped their price objective on Intel from $75.00 to $84.00 and gave the stock an "equal weight" rating in a research report on Friday, July 24th. HSBC reissued a "buy" rating on shares of Intel in a research report on Friday, July 24th. Sanford C. Bernstein reaffirmed a "market perform" rating and issued a $110.00 price target on shares of Intel in a report on Monday, July 27th. Roth Capital increased their price target on shares of Intel from $100.00 to $120.00 and gave the company a "buy" rating in a research note on Friday, July 24th. Finally, Piper Sandler started coverage on shares of Intel in a research note on Thursday, June 11th. They issued a "neutral" rating on the stock. 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 stock has a consensus rating of "Hold" and a consensus target price of $107.46.

Intel News Roundup

Here are the key news stories impacting Intel this week:

• Positive Sentiment: Institutional buying provides support: Tiger Global reportedly increased its Intel position during the second quarter, adding to recent bullish interest in the company’s AI, data-center, and foundry businesses. Tiger Global Added to Its Position in Intel in Q2
• Positive Sentiment: CEO purchase signals confidence: Intel CEO Lip-Bu Tan reportedly bought another 105,000 shares, a potentially favorable signal regarding management’s view of the company’s turnaround and long-term prospects. CEO Lip-Bu Tan Just Bought Another 105,000 Shares of Intel Stock
• Positive Sentiment: Operating momentum remains a potential catalyst: Intel’s latest reported quarter exceeded consensus EPS and revenue estimates, with revenue up 25.2% year over year. Coverage also points to a growing role for Intel in AI hardware and data-center demand.
• Neutral Sentiment: Government investment remains under scrutiny: Intel’s shares slipped as Commerce Secretary Howard Lutnick defended the U.S. government’s purchase of roughly 10% of the company. The investment could improve strategic and financial support, but its unusual structure has prompted investor uncertainty. Intel Stock Slips as Howard Lutnick Defends Intel Deal
• Negative Sentiment: Potential dilution weighs on sentiment: Reports that Intel is pursuing a stock offering of approximately $15 billion raise concerns about shareholder dilution, even if the proceeds are intended to fund expansion and capitalize on AI demand. Intel Embarks on $15 Billion Stock Offering
• Negative Sentiment: High-profile selling reinforces profit-taking concerns: Stanley Druckenmiller’s Duquesne Family Office reportedly exited its Intel position in the second quarter, selling about 411,400 shares while reallocating capital to other AI and robotics opportunities. Druckenmiller Dumped Micron, Intel and Broadcom
• Negative Sentiment: Analyst caution and valuation risk persist: Intel carries an average analyst rating of “Hold,” while some coverage argues that Nvidia and AMD offer better risk-adjusted upside. Investors remain concerned that Intel’s recent rally has priced in much of the turnaround before sustained profitability is established.

Insider Transactions at Intel

In other Intel news, CEO Lip Bu Tan acquired 105,263 shares of the firm's stock in a transaction that occurred on Tuesday, August 11th. The shares were acquired at an average cost of $95.00 per share, for a total transaction of $9,999,985.00. Following the transaction, the chief executive officer directly owned 1,314,669 shares of the company's stock, valued at approximately $124,893,555. This represents a 8.70% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Corporate insiders own 0.05% of the company's stock.

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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