Empirical Finance LLC Grows Position in Intel Corporation $INTC

Key Points

• Empirical Finance increased its Intel position by 4% in the second quarter, holding 147,571 shares valued at approximately $20.6 million. Institutional investors collectively own 64.53% of Intel’s outstanding stock.
• Intel reported quarterly EPS of $0.42, exceeding the $0.21 consensus estimate, while revenue rose 25.2% year over year to $16.13 billion. The stock opened at $102.94, with a 52-week range of $24.05 to $142.35.
• Analyst sentiment remains mixed: 19 analysts rate Intel a Buy, 28 rate it Hold, and three rate it Sell, producing a consensus “Hold” rating and a $107.80 target price. Optimism over pricing power, server-CPU demand and the turnaround is tempered by ongoing losses, intense competition and elevated valuation risk.

Empirical Finance LLC grew its position in Intel Corporation (NASDAQ:INTC - Free Report) by 4.0% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 147,571 shares of the chip maker's stock after acquiring an additional 5,641 shares during the quarter. Intel accounts for 0.9% of Empirical Finance LLC's portfolio, making the stock its 21st biggest holding. Empirical Finance LLC's holdings in Intel were worth $20,605,000 at the end of the most recent quarter.

Several other hedge funds have also modified their holdings of INTC. Southern Financial Group LLC lifted its position in Intel by 0.6% during the first quarter. Southern Financial Group LLC now owns 14,313 shares of the chip maker's stock valued at $632,000 after purchasing an additional 90 shares during the last quarter. Harrell Investment Partners LLC increased its holdings in shares of Intel by 0.4% in the 2nd quarter. Harrell Investment Partners LLC now owns 23,277 shares of the chip maker's stock worth $3,250,000 after buying an additional 100 shares during the last quarter. TFR Capital LLC. raised its position in shares of Intel by 0.4% during the 2nd quarter. TFR Capital LLC. now owns 26,643 shares of the chip maker's stock valued at $3,720,000 after buying an additional 100 shares in the last quarter. Wynn Capital LLC raised its position in shares of Intel by 0.4% during the 2nd quarter. Wynn Capital LLC now owns 27,162 shares of the chip maker's stock valued at $3,793,000 after buying an additional 104 shares in the last quarter. Finally, Bell Investment Advisors Inc lifted its holdings in shares of Intel by 4.3% in the 2nd quarter. Bell Investment Advisors Inc now owns 2,895 shares of the chip maker's stock valued at $404,000 after acquiring an additional 119 shares during the last quarter. 64.53% of the stock is owned by hedge funds and other institutional investors.

Intel Stock Performance

Intel stock opened at $102.94 on Friday. 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 firm has a market capitalization of $519.23 billion, a P/E ratio of -48.79, a price-to-earnings-growth ratio of 10.75 and a beta of 2.22. Intel Corporation has a 1-year low of $24.05 and a 1-year high of $142.35. The company's 50-day moving average is $97.86 and its 200 day moving average is $89.89.

Intel (NASDAQ:INTC - Get Free Report) last announced its earnings results on Thursday, July 23rd. The chip maker reported $0.42 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.21 by $0.21. Intel had a positive return on equity of 2.62% and a negative net margin of 19.79%.The business had revenue of $16.13 billion during the quarter, compared to analyst estimates of $14.43 billion. During the same quarter in the previous year, the business earned ($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 forecast that Intel Corporation will post 1.04 EPS for the current year.

Wall Street Analyst Weigh In

Several research firms recently commented on INTC. HSBC reiterated a "buy" rating on shares of Intel in a research report on Friday, July 24th. Benchmark raised their price objective on Intel from $105.00 to $140.00 and gave the company a "buy" rating in a research note on Monday, May 18th. Citigroup initiated coverage on Intel in a research note on Tuesday. They issued a "buy" rating for the company. HC Wainwright set a $150.00 target price on Intel in a report on Monday, June 29th. Finally, Wolfe Research initiated coverage on Intel in a research report on Thursday, June 11th. They set a "peer perform" rating on the stock. One equities research analyst has rated the stock with a Strong Buy rating, nineteen have issued a Buy rating, twenty-eight have issued a Hold rating and three have given a Sell rating to the stock. According to MarketBeat.com, the company has an average rating of "Hold" and a consensus target price of $107.80.

Key Headlines Impacting Intel

Here are the key news stories impacting Intel this week:

• Positive Sentiment: A report that Intel may raise prices on selected PC processors by as much as 10% fueled optimism that tight supply could improve revenue and margins. The market is watching whether the increases reflect sustainable pricing power or temporary scarcity. Intel May Raise Chip Prices 10%
• Positive Sentiment: Northland upgraded Intel to “Outperform” and set a $120 price target, citing progress in the turnaround and constrained server-CPU supply. The call adds to evidence that execution and demand trends may be improving. Northland Intel Upgrade
• Positive Sentiment: Intel-backed Altera is reportedly preparing an IPO that could raise more than $2 billion as early as 2026. A successful offering could highlight the value of Intel’s portfolio and potentially provide capital or a valuation reference for the business. Altera IPO Report
• Positive Sentiment: Broader semiconductor strength, supported by continued AI infrastructure spending, also lifted Intel alongside major chip peers. Investor attention is increasingly turning to Intel’s advanced packaging capabilities and potential AI-related revenue opportunities. Chip Stocks Rise on AI Spending
• Neutral Sentiment: CEO Lip-Bu Tan’s reported purchase of approximately $10 million of Intel shares provides a vote of confidence, but it does not change the company’s earnings outlook by itself. Intel CEO Share Purchase
• Negative Sentiment: Despite the rally, Piper Sandler initiated coverage at “Hold,” while other analysts remain cautious because Intel’s valuation has risen sharply ahead of proof that the turnaround can generate consistent profits. Recent profit-taking after a multiday advance underscores the stock’s elevated volatility. Piper Sandler Intel Rating
• Negative Sentiment: Investors still face substantial risks from Intel’s ongoing GAAP losses, competition from Nvidia and AMD in AI chips, and uncertainty over whether higher processor prices will persist once supply conditions normalize.

Insider Activity

In related news, CEO Lip Bu Tan purchased 105,263 shares of the business's stock in a transaction dated Tuesday, August 11th. The shares were purchased at an average cost of $95.00 per share, for a total transaction of $9,999,985.00. Following the completion of the acquisition, the chief executive officer owned 1,314,669 shares in the company, valued at approximately $124,893,555. This trade represents a 8.70% increase in their position. The purchase was disclosed in a legal filing with the SEC, which is available at the SEC website. Corporate insiders own 0.05% of the company's stock.

Intel Profile

Intel Corporation NASDAQ: INTC is a global semiconductor company that designs and manufactures computing and communications products. Its portfolio includes Intel Core processors for personal computers, Xeon processors for data centers and enterprise systems, and products for edge computing, networking, and other specialized applications.

Intel also develops graphics processing units under its Intel Arc and Intel Data Center GPU brands, Gaudi artificial intelligence accelerators, Ethernet products, software, and related platform technologies.

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