EP Wealth Advisors LLC Takes Position in Intel Corporation $INTC

Key Points

• EP Wealth Advisors acquired 138,712 Intel shares worth approximately $19.4 million in the second quarter, while several other institutions also initiated positions; institutional investors now own 64.53% of the stock.
• Intel CEO Lip-Bu Tan purchased 105,263 shares for roughly $10 million, signaling management confidence. However, analysts maintain a consensus “Hold” rating, with concerns about foundry losses, heavy capital spending, and competition from AMD and Nvidia.
• Intel’s latest quarterly results exceeded expectations, with $16.13 billion in revenue and $0.42 EPS, while revenue increased 25.2% year over year. A potential SK Hynix foundry partnership initially boosted sentiment but was later denied, leaving Intel’s external foundry opportunities uncertain.

EP Wealth Advisors LLC acquired a new position in shares of Intel Corporation (NASDAQ:INTC - Free Report) in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 138,712 shares of the chip maker's stock, valued at approximately $19,368,000.

A number of other institutional investors also recently bought and sold shares of the company. Rakuten Securities Inc. acquired a new position in Intel in the 2nd quarter valued at about $7,802,000. Pinnacle West Asset Management Inc. acquired a new stake in shares of Intel during the 2nd quarter worth approximately $3,373,000. Ieq Capital LLC acquired a new stake in shares of Intel during the 2nd quarter worth approximately $129,403,000. Sterling Financial Planning Inc. purchased a new stake in shares of Intel during the 2nd quarter valued at approximately $237,000. Finally, Callan Family Office LLC purchased a new stake in shares of Intel during the 2nd quarter valued at approximately $10,742,000. 64.53% of the stock is owned by hedge funds and other institutional investors.

More Intel News

Here are the key news stories impacting Intel this week:

• Positive Sentiment: Reports that South Korean memory-chip maker SK Hynix was considering Intel Foundry to manufacture base dies for next-generation HBM4E memory initially boosted hopes for a major external customer and validated Intel’s manufacturing ambitions. CEO Lip-Bu Tan’s reported purchase of roughly $12 million in Intel shares also signaled management confidence. Intel Stock Notches Up as SK Hynix Considers New Deal
• Positive Sentiment: Intel could benefit from the rapid expansion of AI infrastructure and from large-scale chip-production projects in the United States, including Elon Musk’s reported planned facility near Houston. More domestic manufacturing demand would support the strategic rationale for Intel’s foundry investments, though the project is not confirmed as an Intel contract. Elon Musk Is Spending $119 Billion on a Single Building Outside Houston
• Neutral Sentiment: SK Hynix subsequently denied the reported HBM4E partnership, removing the immediate catalyst and underscoring that Intel’s potential foundry wins remain uncommitted. SK Hynix Denies Report of Intel Foundry Partnership
• Negative Sentiment: Analysts continue to question whether AI-related revenue can arrive quickly enough to offset Intel’s rising capital spending and foundry losses. Outside customers currently contribute little foundry revenue, making utilization and execution key risks for the stock. Intel Stock Is Paying Now for Revenue Due Later
• Negative Sentiment: Competitive concerns remain: coverage argues AMD continues to take share from Intel, while Nvidia’s strong growth in newer data-center products could further pressure Intel’s position in AI hardware. AMD: Still Eating Intel's Lunch

Wall Street Analysts Forecast Growth

Several research analysts recently weighed in on INTC shares. JPMorgan Chase & Co. increased their price objective on Intel from $45.00 to $85.00 and gave the stock an "underweight" rating in a research report on Friday, July 24th. Northland Securities lowered Intel from an "outperform" rating to a "market perform" rating in a research note on Tuesday, May 26th. Truist Financial increased their price target on Intel from $81.00 to $108.00 and gave the stock a "hold" rating in a report on Friday, July 24th. Daiwa Securities Group lowered shares of Intel from a "strong-buy" rating to a "hold" rating in a report on Tuesday, August 4th. Finally, Moffett Nathanson cut shares of Intel to a "neutral" rating in a research report on Thursday, June 11th. One research analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, thirty-one have assigned a Hold rating and three have given a Sell rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of "Hold" and a consensus target price of $107.46.

Insiders Place Their Bets

In related news, CEO Lip Bu Tan purchased 105,263 shares of Intel stock in a transaction on Tuesday, August 11th. The shares were bought at an average price of $95.00 per share, with a total value 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 trade represents a 8.70% increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.05% of the stock is currently owned by company insiders.

Intel Price Performance

Intel stock opened at $89.51 on Tuesday. The company has a quick ratio of 1.25, a current ratio of 1.60 and a debt-to-equity ratio of 0.47. Intel Corporation has a 52-week low of $23.68 and a 52-week high of $142.35. The firm has a market cap of $451.49 billion, a PE ratio of -42.42, a price-to-earnings-growth ratio of 9.89 and a beta of 2.22. The company's 50 day moving average is $103.61 and its two-hundred day moving average is $86.94.

Intel (NASDAQ:INTC - Get Free Report) last posted its quarterly earnings results on Thursday, July 23rd. The chip maker reported $0.42 EPS for the quarter, topping the consensus estimate 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 business had revenue of $16.13 billion during the quarter, compared to the consensus estimate of $14.43 billion. During the same quarter in the previous year, the firm posted ($0.10) earnings per share. The company's quarterly revenue was up 25.2% compared to the same quarter last year. Intel has set its Q3 2026 guidance at 0.380-0.380 EPS. On average, research analysts expect that Intel Corporation will post 1 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.

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