Pittenger & Anderson Inc. Purchases 15,917 Shares of Intel Corporation $INTC

Key Points

• Pittenger & Anderson Inc. boosted its stake in Intel by 994.2% in Q4, purchasing 15,917 shares to hold 17,518 shares worth about $646,000.
• Intel reported a strong Q1 (EPS $0.29 vs. $0.01 expected; revenue $13.58B) and set Q2 guidance at about $0.20 EPS, helping drive a rally that pushed the stock near its 52‑week high (~$100).
• Several brokers upgraded Intel (HSBC and Roth to Buy with $95–$100 targets), but the market consensus remains a Hold with an average target of $74.47.

Pittenger & Anderson Inc. boosted its position in Intel Corporation (NASDAQ:INTC - Free Report) by 994.2% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 17,518 shares of the chip maker's stock after purchasing an additional 15,917 shares during the period. Pittenger & Anderson Inc.'s holdings in Intel were worth $646,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also added to or reduced their stakes in the company. Legacy Bridge LLC purchased a new position in shares of Intel during the fourth quarter worth approximately $26,000. Corundum Trust Company INC purchased a new position in shares of Intel during the third quarter worth approximately $29,000. Raleigh Capital Management Inc. purchased a new position in shares of Intel during the fourth quarter worth approximately $29,000. Provenance Wealth Advisors LLC increased its position in shares of Intel by 89.2% during the third quarter. Provenance Wealth Advisors LLC now owns 946 shares of the chip maker's stock worth $32,000 after acquiring an additional 446 shares during the period. Finally, Strengthening Families & Communities LLC purchased a new position in shares of Intel during the third quarter worth approximately $33,000. Institutional investors own 64.53% of the company's stock.

Analyst Ratings Changes

A number of brokerages have recently commented on INTC. HSBC raised shares of Intel from a "hold" rating to a "buy" rating and raised their target price for the stock from $50.00 to $95.00 in a research report on Tuesday, April 21st. Evercore set a $95.00 target price on shares of Intel in a research report on Friday, April 24th. UBS Group set a $51.00 target price on shares of Intel in a research report on Monday, February 2nd. Sanford C. Bernstein reaffirmed a "neutral" rating on shares of Intel in a research report on Friday, April 24th. Finally, Roth Mkm raised shares of Intel from a "neutral" rating to a "buy" rating and set a $100.00 target price on the stock in a research report on Friday, April 24th. One analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating, twenty-five have assigned a Hold rating and four have given a Sell rating to the stock. Based on data from MarketBeat.com, Intel presently has an average rating of "Hold" and a consensus target price of $74.47.

Intel News Roundup

Here are the key news stories impacting Intel this week:

• Positive Sentiment: U.S. antitrust authorities cleared Intel's investment in SambaNova, removing a major regulatory overhang tied to the deal and validating Intel's push deeper into AI infrastructure; that clearance is a clear near‑term positive for sentiment. Read More.
• Positive Sentiment: Strong Q1 operational beat: Intel reported a sizable EPS and revenue beat and issued stable Q2 guidance, which lifted the investment thesis that Intel is converting AI infrastructure demand into durable revenue growth. Investors are treating the quarter as confirmation that Intel can compete for large data‑center spend. Read More.
• Positive Sentiment: Momentum, liquidity and positioning: April was Intel's best month ever on Nasdaq with massive inflows (including outsized moves in leveraged ETFs), drawing new retail and institutional attention and reinforcing momentum‑driven buying. Read More.
• Neutral Sentiment: Analyst revisions and upgrades are supporting the re‑rating: some firms hiked FY estimates and moved coverage to stronger ratings — this helps the fundamental narrative but may already be priced into the rally.
• Negative Sentiment: Elevated volatility and dispersion in expectations: options markets imply large moves and traders are pricing sharply divergent outcomes for INTC through the summer — that raises the risk of sharp pullbacks if momentum stalls. Read More.
• Negative Sentiment: Profit‑taking / overbought warnings: Several analysts and market commentators say the rally may be overextended in the short term and that every incremental bit of good news is being bought — investors should expect higher intraday swings and potential pullbacks. Read More.
• Negative Sentiment: Sector sensitivity: short‑term chip sector moves are still being influenced by cloud/AI spend signals (for example, OpenAI growth outlooks), which can weigh on chip names if cloud customers temper guidance. Read More.

Intel Stock Performance

Shares of INTC stock opened at $99.62 on Monday. The firm has a market cap of $500.68 billion, a price-to-earnings ratio of -160.67 and a beta of 2.18. The company's 50 day moving average is $54.62 and its 200 day moving average is $45.91. The company has a quick ratio of 1.85, a current ratio of 2.31 and a debt-to-equity ratio of 0.34. Intel Corporation has a 52-week low of $18.97 and a 52-week high of $100.45.

Intel (NASDAQ:INTC - Get Free Report) last issued its quarterly earnings data on Thursday, April 23rd. The chip maker reported $0.29 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.01 by $0.28. The company had revenue of $13.58 billion for the quarter, compared to analyst estimates of $12.32 billion. Intel had a negative net margin of 5.90% and a positive return on equity of 0.39%. Intel's revenue was up 7.4% compared to the same quarter last year. During the same period last year, the company posted $0.13 earnings per share. Intel has set its Q2 2026 guidance at 0.200-0.200 EPS. On average, sell-side analysts anticipate that Intel Corporation will post 0.63 EPS for the current fiscal year.

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.

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