Intel Corporation $INTC Stock Sold by Murphy Pohlad Asset Management LLC

Key Points

• Murphy Pohlad Asset Management reduced its Intel stake by 11.5% in the third quarter, selling 7,956 shares and retaining 61,296 shares valued at approximately $7.37 million. Institutional investors and hedge funds collectively own 64.53% of Intel.
• Analyst sentiment remains mixed: Intel has a consensus rating of “Hold” from MarketBeat, with a consensus price target of $107.73. Several firms raised their price targets, although some downgraded the stock to “Hold” and Rosenblatt maintained a “Sell” rating.
• Intel shares rose 1.7% to $86.96, while the company’s latest quarterly results beat expectations on earnings and revenue. However, risks include negative net margins, weaker projected quarterly EPS, uncertainty over foundry yields and scale, and competition from Nvidia in CPUs.

Murphy Pohlad Asset Management LLC lessened its stake in Intel Corporation (NASDAQ:INTC - Free Report) by 11.5% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 61,296 shares of the chip maker's stock after selling 7,956 shares during the quarter. Intel comprises about 2.4% of Murphy Pohlad Asset Management LLC's investment portfolio, making the stock its 6th largest holding. Murphy Pohlad Asset Management LLC's holdings in Intel were worth $7,370,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also recently added to or reduced their stakes in the company. Winthrop Advisory Group LLC grew its stake in Intel by 167.3% in the third quarter. Winthrop Advisory Group LLC now owns 10,816 shares of the chip maker's stock valued at $1,300,000 after acquiring an additional 6,770 shares during the period. Farmers & Merchants Investments Inc. raised its position in shares of Intel by 5.8% during the third quarter. Farmers & Merchants Investments Inc. now owns 17,319 shares of the chip maker's stock worth $2,082,000 after purchasing an additional 948 shares during the period. Sterling Capital Management LLC raised its position in shares of Intel by 4.7% during the third quarter. Sterling Capital Management LLC now owns 17,525 shares of the chip maker's stock worth $2,107,000 after purchasing an additional 788 shares during the period. Kennebec Savings Bank lifted its holdings in shares of Intel by 318.6% during the 3rd quarter. Kennebec Savings Bank now owns 3,428 shares of the chip maker's stock valued at $412,000 after purchasing an additional 2,609 shares in the last quarter. Finally, Ramsey Quantitative Systems grew its position in shares of Intel by 127.2% in the 3rd quarter. Ramsey Quantitative Systems now owns 818 shares of the chip maker's stock valued at $98,000 after purchasing an additional 458 shares during the period. Institutional investors and hedge funds own 64.53% of the company's stock.

Analyst Ratings Changes

Several analysts have commented on the stock. DA Davidson raised their target price on shares of Intel from $77.00 to $100.00 and gave the stock a "neutral" rating in a report on Friday, July 24th. Truist Financial increased their price objective on shares of Intel from $81.00 to $108.00 and gave the stock a "hold" rating in a research report on Friday, July 24th. Wall Street Zen downgraded shares of Intel from a "buy" rating to a "hold" rating in a research report on Saturday, August 8th. Daiwa Securities Group lowered shares of Intel from a "strong-buy" rating to a "hold" rating in a report on Tuesday, August 4th. Finally, Rosenblatt Securities boosted their price objective on shares of Intel from $65.00 to $80.00 and gave the company a "sell" rating in a research report on Friday, July 24th. One investment analyst has rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating, twenty-seven have assigned a Hold rating and one has issued a Sell rating to the company's stock. Based on data from MarketBeat, Intel has an average rating of "Hold" and a consensus target price of $107.73.

Key Intel News

Here are the key news stories impacting Intel this week:

• Positive Sentiment: The FCC granted Intel a waiver allowing the company to continue using foreign-made robotic devices, easing a potential regulatory and manufacturing constraint. FCC grants Intel waiver for foreign-made robotic devices
• Positive Sentiment: Wedbush identified a potential boost from Intel’s Arizona chip plant, while continued construction progress at the company’s Ohio project reinforced the turnaround narrative and long-term domestic-foundry strategy. Intel Stock Rises as Wedbush Spots a Potential Boost From Arizona Chip Plant
• Positive Sentiment: Investors are positioning for the October 29 quarterly report. Analysts and bullish commentators point to strong server-CPU demand, recent price increases and Intel’s history of exceeding its own forecasts as possible sources of an earnings or guidance beat. Options markets imply a potentially sizable post-earnings move. Prediction: Intel Stock Will Take Off After Oct. 29
• Positive Sentiment: Erste Group raised its fiscal 2027 EPS forecast for Intel to $1.59 from $1.56, above the broader consensus estimate of $1.05, signaling improving expectations for the company’s earnings recovery.
• Neutral Sentiment: The move also reflected a rebound in selected technology shares despite broader market pressure from higher oil prices and concerns about inflation, interest rates and the cost of AI infrastructure. Why are AMD, Intel stocks gaining today?
• Negative Sentiment: Risks remain ahead of earnings: Intel’s third-quarter outlook called for adjusted EPS of $0.38, below the prior quarter’s $0.42, while analysts continue to question whether its foundry operations can achieve competitive yields and scale. Nvidia’s expansion into CPU markets also presents a longer-term competitive threat. The Foundry Disconnect: Intel Nails the Transistor, But TSMC Holds the Keys to Yield and Scale

Intel Stock Up 1.7%

NASDAQ:INTC traded up $1.47 during trading hours on Friday, reaching $86.96. 71,777,241 shares of the stock were exchanged, compared to its average volume of 99,333,760. The stock has a market cap of $438.63 billion, a PE ratio of -41.21, a PEG ratio of 9.08 and a beta of 2.22. Intel Corporation has a twelve month low of $32.89 and a twelve month high of $142.35. The firm has a 50 day moving average of $101.97 and a 200 day moving average of $102.82. The company has a debt-to-equity ratio of 0.47, a current ratio of 1.60 and a quick ratio of 1.25.

Intel (NASDAQ:INTC - Get Free Report) last posted its quarterly earnings data 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 company had revenue of $16.13 billion for the quarter, compared to the consensus estimate of $14.43 billion. During the same period last year, the company earned ($0.10) earnings per share. The firm's revenue was up 25.2% compared to the same quarter last year. On average, equities analysts expect that Intel Corporation will post 1.05 earnings per share for the current year.

Insiders Place Their Bets

In other Intel news, CEO Lip Bu Tan purchased 105,263 shares of the stock in a transaction on Tuesday, August 11th. The shares were purchased at an average cost of $95.00 per share, for a total transaction of $9,999,985.00. Following the purchase, the chief executive officer owned 1,314,669 shares of the company's stock, valued at approximately $124,893,555. This represents a 8.70% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Company insiders own 0.05% of the company's stock.

Intel Profile

Intel Corporation NASDAQ: INTC is a global semiconductor company that designs and manufactures computing and connectivity products. Its portfolio includes Intel Core processors for personal computers, Xeon processors for data centers and enterprise systems, and products for networking, edge computing, graphics, and artificial intelligence workloads.

Through Intel Foundry, the company also provides semiconductor manufacturing and technology-development services for external customers. Intel develops process technologies, advanced packaging, and other manufacturing capabilities intended to support its own products and third-party chip designs.

Founded in 1968 by Robert Noyce and Gordon Moore, Intel helped establish the modern microprocessor industry and has historically supplied processors for PCs, servers, and other computing systems.

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