Northwestern Mutual Wealth Management Co. Raises Stake in Intel Corporation $INTC

Key Points

• Northwestern Mutual Wealth Management increased its Intel stake by 29.3% in the second quarter, bringing its holdings to 308,347 shares valued at approximately $43.1 million. Institutional investors collectively own 64.53% of Intel.
• Intel reported stronger-than-expected quarterly results, with adjusted EPS of $0.42 versus the $0.21 consensus estimate and revenue of $16.13 billion, up 25.2% year over year.
• Despite bullish signals from rising AI-related demand and CEO Lip-Bu Tan’s nearly $10 million stock purchase, analyst sentiment remains cautious: Intel has a consensus “Hold” rating and an average price target of $107.01.

Northwestern Mutual Wealth Management Co. grew its position in Intel Corporation (NASDAQ:INTC - Free Report) by 29.3% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 308,347 shares of the chip maker's stock after purchasing an additional 69,931 shares during the quarter. Northwestern Mutual Wealth Management Co.'s holdings in Intel were worth $43,055,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. Southern Financial Group LLC lifted its position in shares of Intel by 0.6% in the first quarter. Southern Financial Group LLC now owns 14,313 shares of the chip maker's stock valued at $632,000 after acquiring an additional 90 shares in the last quarter. Harrell Investment Partners LLC grew its position in shares of Intel by 0.4% during the second quarter. Harrell Investment Partners LLC now owns 23,277 shares of the chip maker's stock worth $3,250,000 after purchasing an additional 100 shares in the last quarter. TFR Capital LLC. raised its stake in Intel by 0.4% during the 2nd quarter. TFR Capital LLC. now owns 26,643 shares of the chip maker's stock valued at $3,720,000 after purchasing an additional 100 shares during the period. Wynn Capital LLC raised its stake in Intel by 0.4% during the 2nd quarter. Wynn Capital LLC now owns 27,162 shares of the chip maker's stock valued at $3,793,000 after purchasing an additional 104 shares during the period. Finally, Bell Investment Advisors Inc lifted its holdings in Intel by 4.3% in the 2nd quarter. Bell Investment Advisors Inc now owns 2,895 shares of the chip maker's stock worth $404,000 after purchasing an additional 119 shares in the last quarter. 64.53% of the stock is owned by hedge funds and other institutional investors.

Intel Price Performance

INTC stock opened at $95.80 on Friday. Intel Corporation has a 52 week low of $24.05 and a 52 week high of $142.35. The firm has a market capitalization of $483.22 billion, a P/E ratio of -45.40, a price-to-earnings-growth ratio of 10.58 and a beta of 2.22. The company has a fifty day simple moving average of $100.45 and a two-hundred day simple moving average of $87.91. The company has a quick ratio of 1.25, a current ratio of 1.60 and a debt-to-equity ratio of 0.47.

Intel (NASDAQ:INTC - Get Free Report) last posted its earnings results on Thursday, July 23rd. The chip maker reported $0.42 earnings per share for the quarter, topping 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 period in the previous year, the firm posted ($0.10) EPS. The business's quarterly revenue was up 25.2% on a year-over-year basis. Intel has set its Q3 2026 guidance at 0.380-0.380 EPS. Analysts anticipate that Intel Corporation will post 1.01 earnings per share for the current fiscal year.

Insider Transactions at Intel

In related news, CEO Lip Bu Tan bought 105,263 shares of the business's stock in a transaction dated Tuesday, August 11th. The shares were purchased at an average price of $95.00 per share, with a total value 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. This trade represents a 8.70% increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 0.05% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

Several research analysts have weighed in on INTC shares. Wall Street Zen downgraded Intel from a "buy" rating to a "hold" rating in a research note on Saturday, August 8th. New Street Research boosted their target price on shares of Intel from $100.00 to $122.00 in a report on Friday, June 26th. Susquehanna upped their target price on shares of Intel from $80.00 to $115.00 and gave the stock a "neutral" rating in a research report on Thursday, July 16th. Needham & Company LLC reissued a "hold" rating on shares of Intel in a report on Friday, July 24th. Finally, Arete Research boosted their target price on Intel from $20.40 to $99.00 and gave the stock a "neutral" rating in a research report on Wednesday, June 10th. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating, thirty-one have issued a Hold rating and three have issued a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of "Hold" and a consensus price target of $107.01.

Key Stories Impacting Intel

Here are the key news stories impacting Intel this week:

• Positive Sentiment: Dell’s strong server performance supported Intel’s data-center outlook. Dell reported a 122% increase in server revenue, prompting analysts to argue that demand for Intel CPUs is accelerating as AI infrastructure requires a substantial number of traditional processors alongside GPUs. Intel stock rises as Dell earnings point to CPU demand
• Positive Sentiment: A bullish $200 price target added momentum. Global Equities Research analyst Trip Chowdhry identified Intel as a direct beneficiary of rising CPU-to-GPU ratios in AI clusters, the continued enterprise presence of x86 processors and the potential of Intel’s Clearwater Forest architecture. The target implies substantial upside, although it is an individual analyst forecast rather than a consensus estimate. Dell earnings and Intel CPU demand
• Positive Sentiment: Estimate revisions have been trending higher. Analysts cited AI demand, manufacturing improvements and growth in custom silicon as potential offsets to supply constraints and competitive pressure. Intel’s recent revenue growth and plans for more than $20 billion in 2026 capital spending also reinforce the long-term recovery narrative. Intel estimate revisions
• Neutral Sentiment: Semiconductor-sector strength provided a broad-market tailwind. Intel, AMD and Nvidia advanced even as stronger employment data increased expectations for a possible Federal Reserve rate hike. Separate commentary arguing that Nvidia’s earnings reduced fears of an AI spending bubble also helped maintain investor interest in chip stocks. Chip stocks rise despite rate concerns
• Negative Sentiment: Mizuho lowered its Intel price target to $92 from $109 and maintained a Hold rating. The analyst warned that weaker PC demand and near-term margin pressure could limit the benefit from Intel’s AI-related growth. Nvidia’s expanding server CPU business also remains a competitive risk. Mizuho lowers Intel price target

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

Continue following MarketBeat

Add MarketBeat as your preferred source on Google to see our latest stories in your feed.

Add As Preferred Source