Legal & General Group Plc Invests $4.10 Billion in Intel Corporation $INTC

Key Points

• Legal & General acquired 29.3 million Intel shares worth approximately $4.10 billion in the second quarter, making Intel its 18th-largest holding and representing about 0.9% of its portfolio.
• Intel reported quarterly revenue of $16.13 billion, up 25.2% year over year, while adjusted earnings of $0.42 per share surpassed analysts’ $0.21 estimate. CEO Lip-Bu Tan also purchased roughly $10 million of Intel stock.
• Despite institutional and insider buying, analysts maintain a largely cautious outlook: Intel has an average “Hold” rating and a $107.46 target price, with concerns including dilution from a large stock offering, ongoing capital needs and the challenge of achieving sustainable profitability.

Legal & General Group Plc acquired a new stake in Intel Corporation (NASDAQ:INTC - Free Report) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund acquired 29,335,458 shares of the chip maker's stock, valued at approximately $4,096,110,000. Intel makes up approximately 0.9% of Legal & General Group Plc's investment portfolio, making the stock its 18th largest holding. Legal & General Group Plc owned approximately 0.58% of Intel as of its most recent SEC filing.

A number of other institutional investors have also modified their holdings of the company. The Manufacturers Life Insurance Company acquired a new stake in Intel during the 2nd quarter worth approximately $570,150,000. Kelly Lawrence W & Associates Inc. CA purchased a new position in Intel in the second quarter valued at approximately $1,073,000. Van Hulzen Asset Management LLC acquired a new position in Intel during the second quarter valued at approximately $1,902,000. Wood Tarver Financial Group LLC acquired a new position in Intel during the second quarter valued at approximately $897,000. Finally, SurgoCap Partners LP purchased a new stake in Intel during the second quarter worth approximately $258,080,000. Hedge funds and other institutional investors own 64.53% of the company's stock.

Intel Stock Up 1.2%

INTC stock opened at $90.05 on Thursday. The firm has a 50 day simple moving average of $101.92 and a 200-day simple moving average of $87.54. The company has a market capitalization of $454.21 billion, a P/E ratio of -42.68, a PEG ratio of 9.82 and a beta of 2.22. Intel Corporation has a twelve month low of $23.72 and a twelve month high of $142.35. 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 quarterly earnings results on Thursday, July 23rd. The chip maker reported $0.42 EPS for the quarter, topping the consensus estimate of $0.21 by $0.21. The business had revenue of $16.13 billion for the quarter, compared to analysts' expectations of $14.43 billion. Intel had a negative net margin of 19.79% and a positive return on equity of 2.62%. The company'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 research analysts predict that Intel Corporation will post 1.01 earnings per share for the current fiscal year.

Insider Buying and Selling

In other news, CEO Lip Bu Tan bought 105,263 shares of the firm's stock in a transaction dated Tuesday, August 11th. The stock was bought at an average price of $95.00 per share, for a total transaction of $9,999,985.00. Following the transaction, the chief executive officer owned 1,314,669 shares in the company, valued at $124,893,555. The trade was a 8.70% increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is accessible through this link. 0.05% of the stock is currently owned by corporate insiders.

Trending Headlines about Intel

Here are the key news stories impacting Intel this week:

• Positive Sentiment: Intel’s 14A process is receiving more favorable attention, with commentary suggesting the technology could improve the company’s competitiveness in leading-edge manufacturing and support its foundry ambitions. Intel Stock Ticks Up as 14A Process Proves Its Worth
• Positive Sentiment: Investors continue to speculate that major contracts in advanced packaging, high-bandwidth memory, or external foundry services could become a significant catalyst. Analysts cited in recent commentary see potential for Intel to capture meaningful wafer-foundry share by 2030, although execution and customer wins remain unproven. Intel Stock Opinions on Foundry Recovery Prospects
• Positive Sentiment: CEO Lip-Bu Tan’s roughly $10 million open-market purchase provides a vote of confidence in Intel’s turnaround plan. Institutional buying has also been substantial, with Invesco, JPMorgan and Fidelity among the reported buyers in the second quarter. Intel’s CEO Put $10 Million Into His Own Stock
• Neutral Sentiment: Intel’s recent quarterly results remain a fundamental support: revenue rose about 25% year over year to $16.1 billion and earnings exceeded expectations. The company’s longer-term recovery still depends on turning revenue growth into sustainable profitability and free cash flow.
• Negative Sentiment: The large August stock offering—210.5 million shares priced at $95—has raised dilution concerns and highlights Intel’s substantial capital needs for fabs, AI infrastructure and working capital. The stock remains below the offering price and its 50-day moving average, underscoring investor caution. Intel Stock Falls Below CEO’s Purchase Price After Equity Raise
• Negative Sentiment: Higher Treasury yields and a broader semiconductor selloff have pressured high-growth technology valuations, adding short-term volatility to Intel and its chip-sector peers. Intel Falls on Chip Stock Pressure

Wall Street Analysts Forecast Growth

Several equities research analysts have recently issued reports on the stock. JPMorgan Chase & Co. increased their price objective on shares of Intel from $45.00 to $85.00 and gave the stock an "underweight" rating in a research report on Friday, July 24th. Daiwa Securities Group cut shares of Intel from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, August 4th. Wedbush increased their price target on Intel from $60.00 to $98.00 and gave the company a "neutral" rating in a report on Friday, July 24th. Arete Research raised their price objective on Intel from $20.40 to $99.00 and gave the company a "neutral" rating in a research report on Wednesday, June 10th. Finally, New Street Research boosted their price objective on Intel from $100.00 to $122.00 in a research note on Friday, June 26th. One analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating, thirty-one have given a Hold rating and three have assigned a Sell rating to the stock. Based on data from MarketBeat, the stock has an average rating of "Hold" and an average target price of $107.46.

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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