Intel Corporation $INTC Shares Sold by Tufton Capital Management

Key Points

• Tufton Capital Management cut its Intel stake by 27.1% during the second quarter, selling 15,522 shares and retaining 41,740 shares worth approximately $5.83 million.
• Institutional investors and hedge funds own 64.53% of Intel, with major holders including Vanguard, State Street, Capital World Investors, Geode Capital and Morgan Stanley increasing their positions.
• Intel reported quarterly EPS of $0.42, beating the $0.21 consensus estimate, while revenue rose 25.2% year over year to $16.13 billion. Despite the stronger results, analysts maintain a consensus “Hold” rating with a $107.85 price target.

Tufton Capital Management lowered its stake in shares of Intel Corporation (NASDAQ:INTC - Free Report) by 27.1% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 41,740 shares of the chip maker's stock after selling 15,522 shares during the quarter. Tufton Capital Management's holdings in Intel were worth $5,828,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also modified their holdings of the stock. Vanguard Group Inc. grew its stake in 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 purchasing an additional 13,692,624 shares in the last quarter. State Street Corp raised its position in Intel by 2.8% in the 4th quarter. State Street Corp now owns 208,536,784 shares of the chip maker's stock valued at $7,695,007,000 after purchasing an additional 5,714,400 shares in the last quarter. Capital World Investors raised its position in Intel by 20.3% in the 4th quarter. Capital World Investors now owns 104,060,268 shares of the chip maker's stock valued at $3,839,833,000 after purchasing an additional 17,557,147 shares in the last quarter. Geode Capital Management LLC boosted its stake in shares of Intel by 3.2% in the 4th quarter. Geode Capital Management LLC now owns 101,931,512 shares of the chip maker's stock valued at $3,744,406,000 after buying an additional 3,124,798 shares during the period. Finally, Morgan Stanley boosted its stake in shares of Intel by 20.4% in the 4th quarter. Morgan Stanley now owns 65,249,269 shares of the chip maker's stock valued at $2,407,698,000 after buying an additional 11,056,090 shares during the period. 64.53% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of analysts recently weighed in on INTC shares. Needham & Company LLC restated a "hold" rating on shares of Intel in a research note on Friday, July 24th. Scotiabank initiated coverage on shares of Intel in a research report on Tuesday, April 21st. They issued a "sector perform" rating on the stock. Northland Securities lowered shares of Intel from an "outperform" rating to a "market perform" rating in a report on Tuesday, May 26th. Barclays boosted their target price on shares of Intel from $65.00 to $100.00 and gave the stock an "equal weight" rating in a research note on Monday, June 1st. Finally, The Goldman Sachs Group reissued a "neutral" rating on shares of Intel in a report on Thursday, July 23rd. One research analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating, thirty-two have assigned a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat, Intel presently has an average rating of "Hold" and a consensus price target of $107.85.

Intel Trading Up 3.6%

Shares of Intel stock opened at $104.56 on Friday. The company has a current ratio of 1.60, a quick ratio of 1.25 and a debt-to-equity ratio of 0.47. The company has a fifty day simple moving average of $110.19 and a 200-day simple moving average of $83.15. The stock has a market cap of $527.40 billion, a price-to-earnings ratio of -49.55 and a beta of 2.22. Intel Corporation has a 12-month low of $21.90 and a 12-month 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 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.21 by $0.21. The company had revenue of $16.13 billion for the quarter, compared to analyst estimates of $14.43 billion. Intel had a positive return on equity of 2.62% and a negative net margin of 19.79%.The business's quarterly revenue was up 25.2% compared to the same quarter last year. During the same quarter last year, the company posted ($0.10) earnings per share. Intel has set its Q3 2026 guidance at 0.380-0.380 EPS. On average, equities analysts forecast that Intel Corporation will post 1.01 EPS for the current fiscal year.

Key Headlines Impacting Intel

Here are the key news stories impacting Intel this week:

• Positive Sentiment: AI and server growth are improving the outlook. Bank of America maintained a Buy rating, citing potential expansion in the CPU market and a 43% increase in server-chip pricing. Intel’s Q2 data-center and AI revenue reportedly rose 59%, helping drive overall revenue growth of roughly 25% year over year. Intel Stock Jumps as Bank of America Sees Bigger CPU Market
• Positive Sentiment: The $20 billion capital raise could fund Intel’s turnaround. Analysts view the upsized offering as providing capital to accelerate foundry expansion, increase production capacity and support AI-related investments. BofA characterized the financing as a sign of management’s confidence in the foundry business rather than solely a defensive balance-sheet move. Intel: BofA sees $20B raise fueling foundry and server CPU growth
• Positive Sentiment: CEO Lip-Bu Tan’s participation supports investor confidence. Tan and a family member agreed to invest $12 million in the offering, which market commentators interpreted as a personal vote of confidence in Intel’s AI-driven recovery and long-term strategy. Lip-Bu Tan Investing $12 Million of His Own Money into Intel Raise
• Neutral Sentiment: Intel is considering a return to the memory market. Management has indicated that memory products, including potential memory-CPU integration, could create additional growth opportunities amid tight chip supply. However, the strategy is preliminary and would place Intel against established leaders such as Micron and SK Hynix. Déjà Vu. Why Intel Is Eyeing a Return to Memory
• Negative Sentiment: The equity offering dilutes existing shareholders. Intel priced the upsized offering at $95 per share, increasing the share count and potentially reducing near-term EPS by approximately 4% to 5%. Investors remain focused on whether the new capital produces customer wins and profitable foundry growth. Intel upsizes stock offering to $20B, prices at $95
• Negative Sentiment: Competitive and valuation risks remain. Qualcomm’s potential threat to Intel’s laptop processor business, execution challenges in the foundry buildout and a stock price well above its longer-term average have limited enthusiasm among more cautious investors. The company must convert strong revenue momentum into sustainable earnings and cash flow.

Intel Company 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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