Field & Main Bank Makes New $1.12 Million Investment in Intel Corporation $INTC

Key Points

• Field & Main Bank purchased 8,000 Intel shares worth approximately $1.12 million during the second quarter. Institutional investors collectively own 64.53% of Intel.
• Intel reported quarterly revenue of $16.13 billion and EPS of $0.42, exceeding analyst expectations, with revenue up 25.2% year over year. Strong server demand and rising AI infrastructure needs are supporting the recovery outlook.
• Analyst sentiment remains mixed: Intel has a consensus “Hold” rating and an average price target of $107.01, while Mizuho cut its target to $92 citing weaker PC demand, margin pressure and increased competition.

Field & Main Bank purchased a new stake in shares of Intel Corporation (NASDAQ:INTC - Free Report) during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 8,000 shares of the chip maker's stock, valued at approximately $1,117,000.

Several other large investors have also recently made changes to their positions in INTC. State Street Corp grew its position in Intel by 2.8% during the 4th quarter. State Street Corp now owns 208,536,784 shares of the chip maker's stock worth $7,695,007,000 after acquiring an additional 5,714,400 shares during the last quarter. Capital World Investors boosted its stake 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 period. Geode Capital Management LLC grew its holdings in shares of Intel by 3.2% in the fourth 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 during the last quarter. Primecap Management Co. CA bought a new position in shares of Intel in the second quarter worth approximately $10,507,291,000. Finally, Morgan Stanley increased its stake in shares of Intel by 20.4% in the fourth quarter. Morgan Stanley now owns 65,249,269 shares of the chip maker's stock worth $2,407,698,000 after buying an additional 11,056,090 shares during the period. 64.53% of the stock is owned by hedge funds and other institutional investors.

Intel News Roundup

Here are the key news stories impacting Intel this week:

• Positive Sentiment: Dell’s strong server performance supported Intel’s data-center outlook. Dell reported a 122% increase in server revenue, prompting analysts to argue that demand for Intel CPUs is accelerating as AI infrastructure requires a substantial number of traditional processors alongside GPUs. Intel stock rises as Dell earnings point to CPU demand
• Positive Sentiment: A bullish $200 price target added momentum. Global Equities Research analyst Trip Chowdhry identified Intel as a direct beneficiary of rising CPU-to-GPU ratios in AI clusters, the continued enterprise presence of x86 processors and the potential of Intel’s Clearwater Forest architecture. The target implies substantial upside, although it is an individual analyst forecast rather than a consensus estimate. Dell earnings and Intel CPU demand
• Positive Sentiment: Estimate revisions have been trending higher. Analysts cited AI demand, manufacturing improvements and growth in custom silicon as potential offsets to supply constraints and competitive pressure. Intel’s recent revenue growth and plans for more than $20 billion in 2026 capital spending also reinforce the long-term recovery narrative. Intel estimate revisions
• Neutral Sentiment: Semiconductor-sector strength provided a broad-market tailwind. Intel, AMD and Nvidia advanced even as stronger employment data increased expectations for a possible Federal Reserve rate hike. Separate commentary arguing that Nvidia’s earnings reduced fears of an AI spending bubble also helped maintain investor interest in chip stocks. Chip stocks rise despite rate concerns
• Negative Sentiment: Mizuho lowered its Intel price target to $92 from $109 and maintained a Hold rating. The analyst warned that weaker PC demand and near-term margin pressure could limit the benefit from Intel’s AI-related growth. Nvidia’s expanding server CPU business also remains a competitive risk. Mizuho lowers Intel price target

Intel Stock Performance

Shares of INTC stock opened at $95.80 on Friday. The stock has a fifty day moving average of $100.45 and a 200 day moving average of $87.91. Intel Corporation has a 52 week low of $24.05 and a 52 week high of $142.35. The firm has a market capitalization of $483.22 billion, a price-to-earnings ratio of -45.40, a PEG ratio of 10.58 and a beta of 2.22. 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 (NASDAQ:INTC - Get Free Report) last issued its quarterly earnings data on Thursday, July 23rd. The chip maker reported $0.42 earnings per share (EPS) for the quarter, beating analysts' consensus estimates 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 for the quarter, compared to the consensus estimate of $14.43 billion. During the same period in the previous year, the firm earned ($0.10) EPS. 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. As a group, research analysts expect that Intel Corporation will post 1.01 earnings per share for the current year.

Analyst Ratings Changes

A number of equities research analysts recently commented on INTC shares. Weiss Ratings lowered shares of Intel from a "hold (c-)" rating to a "sell (d+)" rating in a report on Tuesday, August 18th. HC Wainwright set a $150.00 price target on shares of Intel in a report on Monday, June 29th. Rosenblatt Securities boosted their price objective on shares of Intel from $65.00 to $80.00 and gave the company a "sell" rating in a research report on Friday, July 24th. Bank of America decreased their price objective on shares of Intel from $160.00 to $145.00 and set a "buy" rating on the stock in a research report on Wednesday, August 12th. Finally, Wolfe Research initiated coverage on shares of Intel in a research note on Thursday, June 11th. They set a "peer perform" rating for the company. One equities 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 issued a Sell rating to the company's stock. According to data from MarketBeat, Intel has a consensus rating of "Hold" and an average price target of $107.01.

Insider Buying and Selling at Intel

In related news, CEO Lip Bu Tan bought 105,263 shares of the business's stock in a transaction dated Tuesday, August 11th. The shares were purchased at an average price of $95.00 per share, with a total value of $9,999,985.00. Following the purchase, the chief executive officer 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 position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at 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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