MFG Wealth Management Inc. Reduces Stock Position in Intel Corporation $INTC

Key Points

• MFG Wealth Management cut its Intel position by 71.5% in the second quarter, selling 37,906 shares and retaining 15,089 shares valued at approximately $2.1 million. Intel represents about 1.5% of the firm’s portfolio.
• Analyst sentiment remains mixed, with a consensus “Hold” rating and an average price target of $107.93, despite several firms raising targets as high as $125.
• Intel exceeded quarterly expectations, reporting $0.42 in adjusted EPS and $16.13 billion in revenue, up 25.2% year over year. However, the company continues to face profitability, execution, competitive and processor-security risks.

MFG Wealth Management Inc. decreased its holdings in shares of Intel Corporation (NASDAQ:INTC - Free Report) by 71.5% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 15,089 shares of the chip maker's stock after selling 37,906 shares during the period. Intel accounts for about 1.5% of MFG Wealth Management Inc.'s holdings, making the stock its 27th largest holding. MFG Wealth Management Inc.'s holdings in Intel were worth $2,107,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Financial Life Planners purchased a new position in shares of Intel in the 1st quarter valued at approximately $25,000. Arlington Trust Co LLC increased its position in Intel by 62.2% during the 2nd quarter. Arlington Trust Co LLC now owns 678 shares of the chip maker's stock valued at $95,000 after buying an additional 260 shares in the last quarter. Financially Speaking Inc increased its position in Intel by 69.2% during the 4th quarter. Financially Speaking Inc now owns 682 shares of the chip maker's stock valued at $25,000 after buying an additional 279 shares in the last quarter. Legacy Bridge LLC purchased a new position in Intel during the fourth quarter valued at $26,000. Finally, Swiss RE Ltd. purchased a new position in Intel during the fourth quarter valued at $29,000. 64.53% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of equities analysts recently issued reports on the stock. Wedbush upped their price target on shares of Intel from $60.00 to $98.00 and gave the stock a "neutral" rating in a research note on Friday, July 24th. Seaport Research Partners reaffirmed a "buy" rating and issued a $125.00 target price on shares of Intel in a report on Friday, July 24th. DZ Bank upgraded shares of Intel from a "sell" rating to a "neutral" rating in a research note on Friday, April 24th. Susquehanna increased their price target on shares of Intel from $80.00 to $115.00 and gave the company a "neutral" rating in a report on Thursday, July 16th. Finally, Tigress Financial raised their price target on shares of Intel from $66.00 to $118.00 and gave the company a "buy" rating in a research report on Thursday, April 30th. One investment analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating, thirty-two have given a Hold rating and two have issued a Sell rating to the company's stock. According to MarketBeat.com, the stock currently has an average rating of "Hold" and a consensus price target of $107.93.

Intel Price Performance

Shares of NASDAQ:INTC opened at $101.65 on Friday. The company has a debt-to-equity ratio of 0.47, a quick ratio of 1.25 and a current ratio of 1.60. The firm has a market cap of $512.72 billion, a price-to-earnings ratio of -48.18 and a beta of 2.22. The business has a 50-day simple moving average of $111.01 and a two-hundred day simple moving average of $81.51. Intel Corporation has a fifty-two week low of $19.61 and a fifty-two week high of $142.35.

Intel (NASDAQ:INTC - Get Free Report) last announced its quarterly 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 firm had revenue of $16.13 billion for the quarter, compared to the consensus estimate of $14.43 billion. During the same quarter last year, the firm posted ($0.10) EPS. The business's quarterly revenue was up 25.2% compared to the same quarter last year. Intel has set its Q3 2026 guidance at 0.380-0.380 EPS. On average, analysts expect that Intel Corporation will post 1.01 earnings per share for the current year.

Intel News Roundup

Here are the key news stories impacting Intel this week:

• Positive Sentiment: Progress toward HDMI 2.1 support is boosting optimism about Intel’s consumer-PC and graphics capabilities, potentially improving the appeal of its platforms in home-entertainment and gaming devices. Intel Stock Gains With Progress on HDMI 2.1
• Positive Sentiment: Intel appointed new leadership focused on customer engagement and growth. The move is intended to strengthen relationships with customers and support execution of the company’s turnaround strategy. Intel Announces Leadership Appointment
• Positive Sentiment: Recent coverage continues to highlight Intel’s strongest revenue growth in more than 15 years, narrowing Foundry losses, improving 18A manufacturing yields and demand-linked capital spending. Second-quarter revenue was about $16.1 billion, up roughly 25% year over year, with adjusted EPS of $0.42. Intel’s Turnaround Entered a New Phase
• Positive Sentiment: SoftBank’s earnings benefited substantially from gains on its Intel investment, providing a favorable external signal for INTC and reinforcing investor interest in Intel’s AI and semiconductor exposure. SoftBank Earnings Benefit From Intel Investment
• Neutral Sentiment: Intel is reportedly involved in a planned Texas chip-factory project with SpaceX and Tesla. If completed, the project could support domestic manufacturing and AI infrastructure, but its long-term financial impact is not yet clear. SpaceX and Tesla Chip Factory
• Negative Sentiment: Daiwa Securities Group downgraded Intel to Hold, signaling that valuation and execution risks may limit further gains after the stock’s substantial rebound. Intel Cut to Hold at Daiwa Securities
• Negative Sentiment: Reports of a new CPU-level security attack created concern about potential vulnerabilities in Intel processors and could increase reputational, remediation and customer-support costs. Intel Stock Slips on CPU-Level Attack Reports
• Negative Sentiment: Analysts continue to question whether Intel can compete with TSMC in leading-edge manufacturing. TSMC’s larger revenue base and stronger execution highlight the substantial challenge facing Intel Foundry.

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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