Intel Corporation $INTC Position Raised by Aberdeen Group plc

Key Points

• Aberdeen Group increased its Intel stake by 34.7% in the third quarter, adding 1.23 million shares to hold about 4.76 million shares valued at $572.6 million.
• Intel reported quarterly EPS of $0.52, beating estimates of $0.41, while revenue rose 20.9% year over year to $16.51 billion—slightly below forecasts. CEO Lip-Bu Tan also bought 150,000 shares for about $9.7 million.
• Analyst views remain mixed: MarketBeat’s consensus rating is “Hold,” with an average price target of $96.93; recent firms both upgraded Intel and cut ratings or targets.

Aberdeen Group plc boosted its position in shares of Intel Corporation (NASDAQ:INTC - Free Report) by 34.7% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 4,762,378 shares of the chip maker's stock after acquiring an additional 1,225,797 shares during the period. Intel accounts for about 0.6% of Aberdeen Group plc's holdings, making the stock its 26th biggest position. Aberdeen Group plc owned 0.09% of Intel worth $572,581,000 at the end of the most recent reporting period.

Several other hedge funds have also added to or reduced their stakes in INTC. ABS Investment Management LLC bought a new stake in shares of Intel in the 2nd quarter worth approximately $694,101,000. Montgomery Financial Services LLC purchased a new stake in shares of Intel during the second quarter valued at $26,000. Knuff & Co LLC purchased a new stake in shares of Intel during the second quarter valued at $29,000. Glynn Capital Management LLC bought a new stake in Intel in the 2nd quarter worth about $29,000. Finally, Pathway Financial Advisers LLC bought a new stake in Intel in the 3rd quarter worth about $25,000. 64.53% of the stock is owned by institutional investors.

Key Stories Impacting Intel

These are some of the INTC stories that stood out recently:

• Positive Sentiment: Intel drew about $79 million in net ETF buying on Nov. 11, with 54 ETFs adding shares and 11 selling—a source of buying interest amid recent volatility. Article: Intel sees ETF buying
• Neutral Sentiment: CEO Lip-Bu Tan said AI workloads could revive demand for CPUs, with inference and agentic computing supporting a potential “CPU renaissance.” However, he also warned of a possible healthy AI-market pullback and worsening memory shortages, tempering the outlook. Article: Intel CEO on CPU demand
• Negative Sentiment: Intel fell alongside other chipmakers as technology stocks weakened, with investors assessing inflation data and uncertainty across the semiconductor sector. Article: Chip stocks slide

Insider Activity at Intel

In related news, CEO Lip Tan acquired 150,000 shares of the stock in a transaction on Monday, November 2nd. The shares were purchased at an average price of $64.73 per share, for a total transaction of $9,709,500.00. Following the purchase, the chief executive officer directly owned 1,464,669 shares in the company, valued at approximately $94,808,024.37. The trade was a 11.41% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available through this hyperlink. 0.05% of the stock is currently owned by corporate insiders.

Intel Stock Down 2.5%

Shares of Intel stock opened at $59.66 on Friday. The stock has a 50-day moving average price of $94.97 and a 200 day moving average price of $86.90. The company has a market cap of $317.09 billion, a P/E ratio of 66.52, a P/E/G ratio of 6.55 and a beta of 2.42. Intel Corporation has a 1 year low of $32.89 and a 1 year high of $142.35. The company has a current ratio of 2.31, a quick ratio of 1.95 and a debt-to-equity ratio of 0.47.

Intel (NASDAQ:INTC - Get Free Report) last released its earnings results on Thursday, October 29th. The chip maker reported $0.52 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.41 by $0.11. Intel had a positive return on equity of 4.70% and a negative net margin of 20.09%. The firm had revenue of $16.51 billion for the quarter, compared to analyst estimates of $16.56 billion. During the same quarter last year, the firm posted $0.23 EPS. The company's revenue was up 20.9% on a year-over-year basis. As a group, analysts expect that Intel Corporation will post 1.04 EPS for the current fiscal year.

Wall Street Analyst Weigh In

INTC has been the topic of several recent research reports. KGI Securities upgraded shares of Intel from a "neutral" rating to an "outperform" rating and set a $95.00 price target on the stock in a research report on Friday, October 30th. Rosenblatt Securities dropped their target price on Intel from $80.00 to $70.00 and set a "sell" rating for the company in a report on Friday, October 30th. Truist Financial reduced their price objective on Intel from $108.00 to $72.00 and set a "hold" rating on the stock in a report on Friday, October 30th. Needham & Company LLC reiterated a "hold" rating on shares of Intel in a research note on Tuesday, October 27th. Finally, Roth Capital lowered shares of Intel from a "buy" rating to a "neutral" rating and cut their target price for the company from $120.00 to $70.00 in a report on Friday, October 30th. Two investment analysts have rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating, twenty-eight have assigned a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat, the company currently has a consensus rating of "Hold" and an average target price of $96.93.

Intel Company Profile

Intel Corporation is a semiconductor company that designs and manufactures processors and related technologies. Its products include central processing units for personal computers and servers, graphics and AI accelerators, and platforms and components for data center, networking, and edge computing applications. The company also operates Intel Foundry, which provides semiconductor manufacturing, packaging, and related services for Intel and external customers. Intel serves customers and businesses around the world through its products, technologies, and manufacturing operations.

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