Intel Corporation $INTC Stock: Sumitomo Mitsui DS Asset Management Company Ltd Boosts Stake

Key Points

• Sumitomo Mitsui DS Asset Management increased its Intel stake by 6.5% in the third quarter, adding 49,608 shares to own 807,367 shares valued at approximately $97.1 million.
• Institutional investors hold 64.53% of Intel’s stock, with State Street, Bank of America and Assenagon among major holders that recently increased their positions.
• Analyst sentiment remains mixed, with Intel carrying an overall “Hold” rating and an average price target of $108.48; CEO Lip-Bu Tan also purchased roughly $10 million of Intel shares.

Sumitomo Mitsui DS Asset Management Company Ltd lifted its holdings in Intel Corporation (NASDAQ:INTC - Free Report) by 6.5% in the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 807,367 shares of the chip maker's stock after purchasing an additional 49,608 shares during the quarter. Sumitomo Mitsui DS Asset Management Company Ltd's holdings in Intel were worth $97,070,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. State Street Corp grew its stake in shares of Intel by 1.2% in the 2nd quarter. State Street Corp now owns 216,849,675 shares of the chip maker's stock worth $30,278,720,000 after buying an additional 2,528,657 shares in the last quarter. Primecap Management Co. CA bought a new stake in shares of Intel in the 2nd quarter worth about $10,507,291,000. Bank of America Corp DE increased its holdings in shares of Intel by 35.7% in the 2nd quarter. Bank of America Corp DE now owns 31,724,362 shares of the chip maker's stock worth $4,429,673,000 after buying an additional 8,342,514 shares during the last quarter. Legal & General Group Plc bought a new stake in shares of Intel in the 2nd quarter worth about $4,096,110,000. Finally, Assenagon Asset Management S.A. raised its position in shares of Intel by 87.1% during the 3rd quarter. Assenagon Asset Management S.A. now owns 30,214,769 shares of the chip maker's stock valued at $3,632,722,000 after buying an additional 14,063,302 shares in the last quarter. Institutional investors own 64.53% of the company's stock.

Analyst Upgrades and Downgrades

A number of research analysts recently commented on INTC shares. Truist Financial increased their price target on shares of Intel from $81.00 to $108.00 and gave the company a "hold" rating in a report on Friday, July 24th. Seaport Research Partners reiterated a "buy" rating and issued a $125.00 price target on shares of Intel in a research report on Friday, July 24th. Needham & Company LLC reissued a "hold" rating on shares of Intel in a research note on Friday, July 24th. Daiwa Securities Group cut Intel from a "strong-buy" rating to a "hold" rating in a research note on Tuesday, August 4th. Finally, Cantor Fitzgerald decreased their price objective on Intel from $150.00 to $125.00 and set a "neutral" rating on the stock in a research report on Friday, July 24th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating, twenty-six have assigned a Hold rating and one has issued a Sell rating to the company's stock. According to MarketBeat.com, the company has an average rating of "Hold" and an average price target of $108.48.

Trending Headlines about Intel

Here are the key news stories impacting Intel this week:

• Positive Sentiment: JPMorgan removed its bearish rating: Analyst Harlan Sur upgraded Intel from Underweight to Neutral, saying manufacturing execution, chip design and AI-related workloads are improving. The change followed a steep recent sell-off and helped restore investor confidence. The firm maintained an $85 price target. Intel Stock Surges After an Upgrade
• Positive Sentiment: Tesla selected Intel’s future 14A process: Tesla is expected to become a foundry customer for Intel’s advanced 14A manufacturing technology. Combined with progress on the 18A node, the agreement gives Intel a concrete anchor customer for its costly foundry expansion and supports the turnaround narrative. Intel Lands a Major Customer for Its 14A Foundry Process
• Positive Sentiment: AI infrastructure remains a potential tailwind: Intel has highlighted new GPU products for high-memory AI inference and Xeon-based systems for agentic AI workloads. Continued AI spending could support demand for Intel’s processors, accelerators and manufacturing services. Did Foundry Win Just Shift Intel Investment Narrative?
• Neutral Sentiment: Investors are watching execution: Intel’s valuation remains demanding, while its turnaround depends on improving factory output, rebuilding server-market share and converting foundry announcements into revenue. The company’s recent quarter showed strong revenue growth and an EPS beat, but profitability remains weak.
• Negative Sentiment: Semiconductor-sector pressure has returned: Nasdaq 100 futures and major chip stocks declined after Monday’s recovery, reflecting renewed concerns about AI spending returns, data-center capital expenditures and leverage across the AI ecosystem. Intel’s high beta makes it particularly sensitive to this shift in risk appetite. Nvidia, AMD and Intel Stocks Fall Again in Premarket
• Negative Sentiment: JPMorgan’s target remains below the market: Although the rating upgrade is supportive, the $85 target signals that JPMorgan still sees downside risk from Intel’s execution challenges and competitive pressures, particularly from AMD.

Insiders Place Their Bets

In related news, CEO Lip Bu Tan acquired 105,263 shares of the stock in a transaction on Tuesday, August 11th. The stock was bought at an average cost of $95.00 per share, with a total value of $9,999,985.00. Following the transaction, the chief executive officer directly owned 1,314,669 shares in the company, valued at approximately $124,893,555. This represents a 8.70% increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this link. 0.05% of the stock is owned by insiders.

Intel Stock Up 2.4%

NASDAQ:INTC opened at $92.03 on Tuesday. Intel Corporation has a twelve month low of $32.89 and a twelve month high of $142.35. The company has a market cap of $464.20 billion, a price-to-earnings ratio of -43.62, a price-to-earnings-growth ratio of 9.57 and a beta of 2.22. The stock has a fifty day simple moving average of $102.94 and a 200-day simple moving average of $102.07. 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 (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. The firm had revenue of $16.13 billion during the quarter, compared to analyst estimates of $14.43 billion. Intel had a negative net margin of 19.79% and a positive return on equity of 2.62%. The business's revenue was up 25.2% on a year-over-year basis. During the same period in the previous year, the firm earned ($0.10) earnings per share. Intel has set its Q3 2026 guidance at 0.380-0.380 EPS. Analysts anticipate that Intel Corporation will post 1.04 EPS for the current year.

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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