Dixon Mitchell Investment Counsel Inc. Makes New $185,000 Investment in Intel Corporation $INTC

Key Points

• Dixon Mitchell Investment Counsel opened a new position in Intel during the fourth quarter, buying 5,025 shares valued at about $185,000.
• Intel continues to attract institutional interest, with several other funds increasing or initiating stakes; overall, 64.53% of the stock is held by hedge funds and other institutional investors.
• Analyst sentiment remains mixed but slightly improved: recent upgrades and higher price targets were offset by downgrades, leaving Intel with a Hold consensus and an average price target of $87.31.

Dixon Mitchell Investment Counsel Inc. bought a new position in shares of Intel Corporation (NASDAQ:INTC - Free Report) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 5,025 shares of the chip maker's stock, valued at approximately $185,000.

A number of other institutional investors also recently bought and sold shares of INTC. Sivia Capital Partners LLC boosted its position in Intel by 271.8% during the second quarter. Sivia Capital Partners LLC now owns 34,201 shares of the chip maker's stock worth $766,000 after purchasing an additional 25,001 shares in the last quarter. United Bank purchased a new stake in Intel during the second quarter worth $205,000. Gamco Investors INC. ET AL boosted its position in Intel by 12.3% during the second quarter. Gamco Investors INC. ET AL now owns 13,737 shares of the chip maker's stock worth $308,000 after purchasing an additional 1,508 shares in the last quarter. NewEdge Advisors LLC boosted its position in Intel by 29.6% during the second quarter. NewEdge Advisors LLC now owns 158,277 shares of the chip maker's stock worth $3,545,000 after purchasing an additional 36,116 shares in the last quarter. Finally, Sei Investments Co. boosted its position in Intel by 9.9% during the second quarter. Sei Investments Co. now owns 828,352 shares of the chip maker's stock worth $18,556,000 after purchasing an additional 74,838 shares in the last quarter. 64.53% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of analysts have commented on INTC shares. Roth Mkm upgraded Intel from a "neutral" rating to a "buy" rating and set a $100.00 target price on the stock in a research report on Friday, April 24th. Piper Sandler started coverage on Intel in a research report on Thursday. They set a "neutral" rating on the stock. Northland Securities downgraded Intel from an "outperform" rating to a "market perform" rating in a research report on Tuesday, May 26th. Evercore set a $95.00 target price on Intel in a research report on Friday, April 24th. Finally, Stifel Nicolaus boosted their price target on Intel from $65.00 to $75.00 and gave the stock a "hold" rating in a report on Friday, April 24th. One analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating, twenty-seven have assigned a Hold rating and four have assigned a Sell rating to the company's stock. Based on data from MarketBeat, the stock has an average rating of "Hold" and a consensus price target of $87.31.

Intel Stock Performance

Intel stock opened at $124.57 on Friday. The firm has a market capitalization of $626.09 billion, a P/E ratio of -200.92 and a beta of 2.21. The stock has a fifty day moving average price of $95.17 and a 200 day moving average price of $61.56. Intel Corporation has a 52 week low of $18.97 and a 52 week high of $132.75. The company has a current ratio of 2.31, a quick ratio of 1.85 and a debt-to-equity ratio of 0.34.

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

Key Intel News

Here are the key news stories impacting Intel this week:

• Positive Sentiment: Bank of America double-upgraded Intel to Buy and lifted its price target, signaling renewed confidence in the company’s CPU and foundry growth outlook. Article Title
• Positive Sentiment: Multiple reports highlighted Intel’s improving foundry story and its ability to benefit from AI-related semiconductor demand, which supported the stock’s move higher. Article Title
• Neutral Sentiment: Intel’s recent gains have also been linked to broader sector rotation back into beaten-down chip stocks, as investors looked past near-term macro and geopolitical concerns. Article Title
• Negative Sentiment: Some commentary warned that Intel and other chip stocks could face downside if the AI trade proves overextended and the market starts pricing in a bubble-like scenario. Article Title

Insider Buying and Selling

In related news, EVP Boise April Miller sold 40,256 shares of the company's stock in a transaction on Friday, May 1st. The stock was sold at an average price of $99.53, for a total value of $4,006,679.68. Following the completion of the transaction, the executive vice president directly owned 105,077 shares in the company, valued at approximately $10,458,313.81. This represents a 27.70% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Insiders own 0.05% of the company's stock.

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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