Intel Corporation $INTC Shares Purchased by Fragasso Financial Advisors Inc

Key Points

• Fragasso Financial Advisors increased its Intel position by 64.8% in the third quarter, bringing its holdings to 19,793 shares valued at approximately $2.38 million. Institutional investors collectively own 64.53% of Intel’s stock.
• Intel shares rose 0.8% to $102.14, while analysts maintained an overall “Hold” consensus with an average price target of $109.06.
• Intel exceeded quarterly earnings and revenue expectations, reporting $0.42 in EPS and $16.13 billion in revenue; CEO Lip-Bu Tan also purchased roughly $10 million of company stock.

Fragasso Financial Advisors Inc increased its position in Intel Corporation (NASDAQ:INTC - Free Report) by 64.8% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 19,793 shares of the chip maker's stock after purchasing an additional 7,786 shares during the period. Fragasso Financial Advisors Inc's holdings in Intel were worth $2,380,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of INTC. Fermata Advisors LLC raised its stake in Intel by 12.3% during the 3rd quarter. Fermata Advisors LLC now owns 9,497 shares of the chip maker's stock valued at $1,142,000 after acquiring an additional 1,042 shares during the last quarter. NorthCrest Asset Manangement LLC boosted its holdings in Intel by 40.3% during the third quarter. NorthCrest Asset Manangement LLC now owns 110,475 shares of the chip maker's stock worth $13,282,000 after buying an additional 31,716 shares in the last quarter. Perpetual Ltd grew its holdings in shares of Intel by 8.1% in the 3rd quarter. Perpetual Ltd now owns 36,810 shares of the chip maker's stock worth $4,426,000 after acquiring an additional 2,758 shares during the period. Woodstock Corp purchased a new position in shares of Intel in the third quarter valued at $322,000. Finally, Scott Capital Advisors LLC raised its position in Intel by 39.8% during the third quarter. Scott Capital Advisors LLC now owns 3,364 shares of the chip maker's stock worth $381,000 after acquiring an additional 958 shares during the last quarter. 64.53% of the stock is owned by hedge funds and other institutional investors.

Intel Stock Up 0.8%

INTC stock traded up $0.80 during mid-day trading on Tuesday, hitting $102.14. 47,333,543 shares of the company were exchanged, compared to its average volume of 116,034,977. The company has a market capitalization of $515.22 billion, a PE ratio of -48.35, a price-to-earnings-growth ratio of 11.17 and a beta of 2.22. The company has a current ratio of 1.60, a quick ratio of 1.25 and a debt-to-equity ratio of 0.47. Intel Corporation has a twelve month low of $32.89 and a twelve month high of $142.35. The firm has a fifty day simple moving average of $103.40 and a 200 day simple moving average of $100.25.

Intel (NASDAQ:INTC - Get Free Report) last issued its earnings results 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 analyst estimates of $14.43 billion. During the same quarter in the prior year, the business posted ($0.10) EPS. The company's revenue for the quarter was up 25.2% on a year-over-year basis. Intel has set its Q3 2026 guidance at 0.380-0.380 EPS. On average, research analysts forecast that Intel Corporation will post 1.04 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of research firms recently commented on INTC. The Goldman Sachs Group reaffirmed a "neutral" rating on shares of Intel in a research note on Thursday, July 23rd. Pivotal Research began coverage on Intel in a report on Tuesday, September 8th. They issued a "buy" rating on the stock. Morgan Stanley increased their target price on shares of Intel from $75.00 to $84.00 and gave the stock an "equal weight" rating in a research report on Friday, July 24th. Robert W. Baird raised their price objective on Intel from $75.00 to $125.00 and gave the company a "neutral" rating in a research report on Friday, July 24th. Finally, Susquehanna upped their target price on shares of Intel from $80.00 to $115.00 and gave the company a "neutral" rating in a research note on Thursday, July 16th. One research analyst has rated the stock with a Strong Buy rating, twenty have assigned a Buy rating, twenty-seven have assigned a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat.com, the company has an average rating of "Hold" and an average target price of $109.06.

Insider Activity

In other Intel news, CEO Lip Bu Tan bought 105,263 shares of the business's stock in a transaction on 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 completion of the acquisition, the chief executive officer directly owned 1,314,669 shares of the company's stock, valued at approximately $124,893,555. The trade was a 8.70% increase in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Insiders own 0.05% of the company's stock.

Trending Headlines about Intel

Here are the key news stories impacting Intel this week:

• Positive Sentiment: Erste Group Bank raised its Intel earnings forecasts to $1.08 per share for fiscal 2026 and $1.56 for fiscal 2027, above the current consensus estimates of $1.04 and approximately $1.04, respectively. The revisions suggest some analysts expect the turnaround to gain traction. Intel earnings estimate update
• Positive Sentiment: Intel unveiled its GPU D-series and new Xeon 6+ rack designs aimed at large-scale inference and enterprise AI workloads. The products could support Intel’s effort to challenge Nvidia in AI infrastructure and generate additional demand for its chips and software ecosystem. Intel Accelerates Open Infrastructure for the Agentic AI Era
• Positive Sentiment: Intel Foundry revenue reportedly grew 31%, while the company continues pursuing a foundry-first strategy to manufacture chips for outside customers. Successful execution could diversify Intel beyond its traditional processor business. Intel turnaround faces a new test

Intel Profile

Intel Corporation NASDAQ: INTC is a global semiconductor company that designs and manufactures computing and connectivity products. Its portfolio includes central processing units (CPUs), graphics and accelerator products, chipsets, networking components, and other semiconductor solutions used in personal computers, servers, cloud infrastructure, artificial intelligence systems, and embedded applications.

The company serves a broad range of customers, including original equipment manufacturers, cloud service providers, enterprise businesses, telecommunications companies, government organizations, and other technology firms.

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