Intel Corporation $INTC Holdings Lifted by Nuveen LLC

Key Points

• Nuveen LLC boosted its Intel stake by 12.8% in the fourth quarter, adding 2.87 million shares and bringing its total holding to 25.28 million shares valued at about $933 million.
• Intel continues to attract heavy institutional interest, with firms like Vanguard, Capital World Investors, Geode Capital, and Norges Bank also increasing or initiating positions; institutions now own 64.53% of the company.
• Intel reported better-than-expected quarterly results, including EPS of $0.29 versus $0.01 expected and revenue of $13.58 billion versus $12.32 billion expected, while analysts currently view the stock as a Hold with a consensus price target of $87.31.

Nuveen LLC increased its holdings in shares of Intel Corporation (NASDAQ:INTC - Free Report) by 12.8% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 25,283,120 shares of the chip maker's stock after buying an additional 2,867,121 shares during the quarter. Nuveen LLC owned 0.51% of Intel worth $932,947,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also modified their holdings of the business. Vanguard Group Inc. grew its holdings in shares of Intel by 3.5% during the fourth quarter. Vanguard Group Inc. now owns 404,522,308 shares of the chip maker's stock valued at $14,926,873,000 after buying an additional 13,692,624 shares in the last quarter. Capital World Investors grew its holdings 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 buying an additional 17,557,147 shares in the last quarter. Geode Capital Management LLC boosted its position in Intel by 3.2% during the fourth quarter. Geode Capital Management LLC now owns 101,931,512 shares of the chip maker's stock valued at $3,744,406,000 after purchasing an additional 3,124,798 shares during the last quarter. Norges Bank purchased a new position in Intel in the fourth quarter valued at about $2,233,159,000. Finally, Van ECK Associates Corp increased its position in Intel by 18.3% in the 3rd quarter. Van ECK Associates Corp now owns 55,521,741 shares of the chip maker's stock worth $1,862,755,000 after purchasing an additional 8,569,812 shares during the last quarter. Hedge funds and other institutional investors own 64.53% of the company's stock.

Insider Buying and Selling at Intel

In other Intel news, EVP Boise April Miller sold 40,256 shares of the business's stock in a transaction dated 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 sale, the executive vice president owned 105,077 shares of the company's stock, valued at $10,458,313.81. The trade was a 27.70% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.05% of the stock is owned by corporate insiders.

Intel Price Performance

Shares of NASDAQ:INTC opened at $116.96 on Friday. Intel Corporation has a fifty-two week low of $18.97 and a fifty-two week high of $132.75. The business has a 50-day moving average of $93.64 and a two-hundred day moving average of $61.12. The stock has a market capitalization of $587.84 billion, a P/E ratio of -188.64 and a beta of 2.21. The company has a debt-to-equity ratio of 0.34, a current ratio of 2.31 and a quick ratio of 1.85.

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

Wall Street Analyst Weigh In

INTC has been the subject of a number of recent research reports. Royal Bank Of Canada reaffirmed a "neutral" rating and set a $80.00 price target on shares of Intel in a research note on Monday, May 4th. JPMorgan Chase & Co. raised their price target on Intel from $35.00 to $45.00 and gave the stock an "underweight" rating in a research note on Friday, April 24th. Wells Fargo & Company raised their price target on Intel from $85.00 to $110.00 and gave the stock an "equal weight" rating in a research note on Monday, June 1st. Roth Mkm raised Intel from a "neutral" rating to a "buy" rating and set a $100.00 price target for the company in a research note on Friday, April 24th. Finally, Barclays raised their price target on Intel from $65.00 to $100.00 and gave the stock an "equal weight" rating in a research note on Monday, June 1st. One research analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating, twenty-seven have issued a Hold rating and four have assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and a consensus price target of $87.31.

Key Intel News

Here are the key news stories impacting Intel this week:

• Positive Sentiment: Bank of America’s double upgrade and higher target are the main catalyst, reinforcing the view that Intel’s CPU and foundry businesses could drive meaningful longer-term growth. Intel rallies as BofA double-upgrades stock on increased CPU, foundry visibility
• Positive Sentiment: Analysts also lifted earnings estimates, suggesting the market is becoming more optimistic about Intel’s profitability outlook over the next couple of years.
• Positive Sentiment: Broader semiconductor stocks are rebounding as investors return to beaten-down AI and chip names, adding support to Intel’s advance.
• Neutral Sentiment: Intel’s recent rally has been amplified by growing enthusiasm around its foundry turnaround and possible AI-related opportunities, but these remain longer-term execution stories rather than near-term fundamentals.
• Negative Sentiment: One item investors may watch closely is an insider sale reported today, which can sometimes temper sentiment even when the stock is rallying.

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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