Intel Corporation $INTC Shares Bought by Principal Financial Group Inc.

Key Points

• Principal Financial Group raised its Intel stake 5.6% in Q4 to 4,966,953 shares, worth about $183.3 million (roughly 0.10% of Intel).
• Intel beat quarterly estimates with $0.29 EPS vs $0.01 expected and $13.58B revenue vs $12.32B, but still reported a negative net margin (‑5.9%) and guided Q2 EPS to $0.20.
• Positive catalysts — including reports of Apple foundry talks, SambaNova regulatory clearance and Terafab/AI partnerships — contrast with an insider sale and valuation/momentum warnings, leaving analysts' consensus at a Hold with a $74.47 target.

Principal Financial Group Inc. raised its holdings in Intel Corporation (NASDAQ:INTC - Free Report) by 5.6% in the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 4,966,953 shares of the chip maker's stock after acquiring an additional 264,660 shares during the period. Principal Financial Group Inc. owned 0.10% of Intel worth $183,281,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of the business. PKO Investment Management Joint Stock Co increased its holdings in shares of Intel by 33.3% during the 3rd quarter. PKO Investment Management Joint Stock Co now owns 120,000 shares of the chip maker's stock worth $4,026,000 after buying an additional 30,000 shares during the last quarter. Van ECK Associates Corp increased its holdings in shares of Intel by 18.3% during 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 buying an additional 8,569,812 shares during the last quarter. Heritage Investment Group Inc. acquired a new stake in shares of Intel during the 4th quarter worth $219,000. Katamaran Capital LLP acquired a new stake in shares of Intel during the 3rd quarter worth $349,000. Finally, Vanguard Group Inc. increased its holdings in shares of Intel by 3.5% during the 4th quarter. Vanguard Group Inc. now owns 404,522,308 shares of the chip maker's stock worth $14,926,873,000 after buying an additional 13,692,624 shares during the last quarter. 64.53% of the stock is currently owned by institutional investors and hedge funds.

Intel Stock Performance

NASDAQ:INTC opened at $108.20 on Wednesday. The company has a debt-to-equity ratio of 0.34, a current ratio of 2.31 and a quick ratio of 1.85. The firm has a 50-day moving average of $55.90 and a two-hundred day moving average of $46.41. The stock has a market cap of $543.79 billion, a P/E ratio of -174.51 and a beta of 2.18. Intel Corporation has a 1-year low of $18.97 and a 1-year high of $110.48.

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

Trending Headlines about Intel

Here are the key news stories impacting Intel this week:

• Positive Sentiment: Apple foundry/customer talk — Reports that Apple has explored using Intel to produce device processors lifted hopes for a major new external customer and tangible foundry demand. Read More.
• Positive Sentiment: Terafab partnership/visibility — Coverage on Intel’s role with Elon Musk’s Terafab and other AI supply-chain wins reinforced the narrative Intel can capture new manufacturing/AI opportunities. Read More.
• Positive Sentiment: SambaNova/AI deal de‑risk — Regulatory clearance around Intel’s SambaNova-related investment removes an antitrust overhang and supports the company’s AI‑accelerator strategy. Read More.
• Positive Sentiment: Leadership hire — Hiring Alex Katouzian from Qualcomm to run Client/Physical AI signals experienced management to execute on PC/edge AI opportunities. Read More.
• Neutral Sentiment: AI sector tailwind and macro — A broader AI-driven rally (S&P/Nasdaq records) and heavy options activity in semiconductors amplified momentum but are market‑wide factors rather than Intel‑specific catalysts. Read More.
• Neutral Sentiment: Analyst coverage is mixed — Some firms raised targets on turnaround hopes while others kept conservative stances; these notes provide context but no single consensus boost. Read More.
• Negative Sentiment: Insider sale disclosed — An EVP sold ~40k shares (~$4M), which can be cited by traders as a signal to take profits or add short‑term selling pressure. Read More.
• Negative Sentiment: Valuation/momentum concerns — After a massive rally, several outlets warn the move may be overextended and that profit‑taking or a re‑rating risk remains; RBC’s neutral $80 target also implies downside from elevated levels. Read More. Read More.

Analyst Upgrades and Downgrades

INTC has been the subject of a number of research analyst reports. DZ Bank upgraded Intel from a "sell" rating to a "neutral" rating in a report on Friday, April 24th. Evercore set a $95.00 price objective on Intel in a report on Friday, April 24th. KeyCorp upped their price objective on Intel from $70.00 to $110.00 and gave the stock an "overweight" rating in a report on Friday, April 24th. JPMorgan Chase & Co. upped their price objective on Intel from $35.00 to $45.00 and gave the stock an "underweight" rating in a report on Friday, April 24th. Finally, New Street Research upped their price objective on Intel from $50.00 to $80.00 and gave the stock a "neutral" rating in a report on Friday, April 24th. One research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating, twenty-five have assigned a Hold rating and four have given a Sell rating to the company. According to MarketBeat.com, the company presently has an average rating of "Hold" and a consensus target price of $74.47.

Insiders Place Their Bets

In other Intel news, EVP Boise April Miller sold 40,256 shares of the company's stock in a transaction dated Friday, May 1st. The shares were sold at an average price of $99.53, for a total value of $4,006,679.68. Following the completion of the transaction, the executive vice president directly owned 105,077 shares of the company's stock, valued at $10,458,313.81. This represents a 27.70% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. 0.05% of the stock is currently owned by insiders.

Intel 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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