Heritage Investors Management Corp Has $58.98 Million Stock Holdings in Intel Corporation $INTC

Key Points

• Heritage Investors Management Corp. cut its Intel stake by 11.3% in the second quarter, selling 53,862 shares and retaining 422,405 shares valued at approximately $58.98 million.
• Intel CEO Lip-Bu Tan purchased 105,263 shares for roughly $10 million, increasing his personal stake by 8.7%; meanwhile, institutional investors and hedge funds collectively own 64.53% of Intel.
• Intel reported quarterly EPS of $0.42 and revenue of $16.13 billion, beating estimates and marking 25.2% year-over-year revenue growth. Despite the strong results, analysts maintain a consensus “Hold” rating with an average price target of $107.46.

Heritage Investors Management Corp reduced its stake in Intel Corporation (NASDAQ:INTC - Free Report) by 11.3% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 422,405 shares of the chip maker's stock after selling 53,862 shares during the period. Intel accounts for 1.6% of Heritage Investors Management Corp's holdings, making the stock its 15th biggest holding. Heritage Investors Management Corp's holdings in Intel were worth $58,980,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also recently made changes to their positions in the stock. Sivia Capital Partners LLC grew its stake in shares of Intel by 271.7% in the 2nd quarter. Sivia Capital Partners LLC now owns 34,201 shares of the chip maker's stock valued at $766,000 after buying an additional 25,001 shares during the period. United Bank acquired a new position in Intel during the 2nd quarter worth approximately $205,000. Gamco Investors INC. ET AL raised its stake in Intel by 12.3% during the 2nd quarter. Gamco Investors INC. ET AL now owns 13,737 shares of the chip maker's stock worth $308,000 after buying an additional 1,508 shares during the period. NewEdge Advisors LLC boosted its holdings in Intel by 29.6% in the second quarter. NewEdge Advisors LLC now owns 158,277 shares of the chip maker's stock worth $3,545,000 after acquiring an additional 36,116 shares in the last quarter. Finally, Sei Investments Co. boosted its holdings in Intel by 9.9% in the second quarter. Sei Investments Co. now owns 828,352 shares of the chip maker's stock worth $18,556,000 after acquiring an additional 74,838 shares in the last quarter. Institutional investors and hedge funds own 64.53% of the company's stock.

Insider Transactions at Intel

In related news, CEO Lip Bu Tan purchased 105,263 shares of the stock in a transaction that occurred on Tuesday, August 11th. The stock was acquired at an average cost of $95.00 per share, with a total value of $9,999,985.00. Following the transaction, the chief executive officer owned 1,314,669 shares of the company's stock, valued at $124,893,555. This represents a 8.70% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Company insiders own 0.05% of the company's stock.

Intel Stock Performance

Shares of INTC opened at $90.07 on Friday. The company has a debt-to-equity ratio of 0.47, a quick ratio of 1.25 and a current ratio of 1.60. The stock has a 50 day moving average price of $108.43 and a two-hundred day moving average price of $85.00. The firm has a market capitalization of $454.31 billion, a P/E ratio of -42.69 and a beta of 2.22. Intel Corporation has a 52 week low of $23.65 and a 52 week high of $142.35.

Intel (NASDAQ:INTC - Get Free Report) last issued its quarterly earnings data 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 positive return on equity of 2.62% and a negative net margin of 19.79%.The firm had revenue of $16.13 billion during the quarter, compared to the consensus estimate of $14.43 billion. During the same period in the prior year, the business 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. Equities analysts forecast that Intel Corporation will post 1.01 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of equities research analysts have commented on the company. Rosenblatt Securities raised their price objective on Intel from $65.00 to $80.00 and gave the company a "sell" rating in a research note on Friday, July 24th. Truist Financial increased their target price on Intel from $81.00 to $108.00 and gave the stock a "hold" rating in a report on Friday, July 24th. Wolfe Research started coverage on Intel in a report on Thursday, June 11th. They issued a "peer perform" rating on the stock. DA Davidson lifted their price target on shares of Intel from $77.00 to $100.00 and gave the company a "neutral" rating in a research report on Friday, July 24th. Finally, JPMorgan Chase & Co. boosted their price target on shares of Intel from $45.00 to $85.00 and gave the company an "underweight" rating in a research note on Friday, July 24th. One investment analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, thirty-one have given a Hold rating and three have given a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and a consensus target price of $107.46.

Key Headlines Impacting Intel

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.

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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