Rockefeller Capital Management L.P. Has $17.13 Million Stock Position in Intel Corporation $INTC

Key Points

• Rockefeller Capital Management reduced its Intel stake by 15.7% in the fourth quarter, but still held 464,113 shares worth about $17.13 million.
• Intel reported stronger-than-expected quarterly results, with EPS of $0.29 versus $0.01 expected and revenue of $13.58 billion, up 7.4% year over year.
• Analysts and recent news remain mixed but generally constructive: Bank of America raised its price target to $160, while the broader consensus rating is still Hold with an average target of $87.98.

Rockefeller Capital Management L.P. cut its holdings in shares of Intel Corporation (NASDAQ:INTC - Free Report) by 15.7% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 464,113 shares of the chip maker's stock after selling 86,649 shares during the period. Rockefeller Capital Management L.P.'s holdings in Intel were worth $17,126,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Financially Speaking Inc raised its stake in shares of Intel by 69.2% in the fourth quarter. Financially Speaking Inc now owns 682 shares of the chip maker's stock worth $25,000 after purchasing an additional 279 shares during the last quarter. Legacy Bridge LLC purchased a new position in shares of Intel during the fourth quarter valued at approximately $26,000. Raleigh Capital Management Inc. purchased a new position in shares of Intel during the fourth quarter valued at approximately $29,000. Swiss RE Ltd. bought a new stake in Intel during the fourth quarter worth $29,000. Finally, Osbon Capital Management LLC bought a new stake in Intel during the fourth quarter worth $30,000. Institutional investors and hedge funds own 64.53% of the company's stock.

Insiders Place Their Bets

In other news, EVP Boise April Miller sold 40,256 shares of the stock in a transaction that occurred on Friday, May 1st. The shares were sold at an average price of $99.53, for a total transaction of $4,006,679.68. Following the completion of the transaction, the executive vice president directly owned 105,077 shares of the company's stock, valued at $10,458,313.81. This represents a 27.70% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 0.05% of the stock is currently owned by insiders.

Intel Trading Down 6.1%

NASDAQ INTC opened at $132.28 on Wednesday. The stock has a market capitalization of $664.84 billion, a price-to-earnings ratio of -213.35 and a beta of 2.21. Intel Corporation has a one year low of $18.97 and a one year high of $141.45. The company has a debt-to-equity ratio of 0.34, a current ratio of 2.31 and a quick ratio of 1.85. The business's fifty day moving average is $105.57 and its 200-day moving average is $66.18.

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

Trending Headlines about Intel

Here are the key news stories impacting Intel this week:

• Positive Sentiment: Bank of America raised its price target on Intel to $160 from $135 and kept a Buy rating, citing stronger fundamentals and AI-driven demand. Intel price target raised by Bank of America
• Positive Sentiment: MarketBeat reported that Intel is packaging the future of American chips, emphasizing its expanded role in advanced packaging, government backing, and the 18A-P node entering risk production. Intel packaging the future of American chips
• Positive Sentiment: Multiple articles pointed to a possible Intel-Apple chip partnership and NVIDIA’s strategic investment in Intel as validation of Intel’s foundry turnaround story. Intel and Apple chip partnership article
• Positive Sentiment: Supermicro announced Intel-powered platforms for AI-at-the-edge deployments, reinforcing Intel’s relevance in AI infrastructure hardware. Supermicro Intel-powered AI platforms

Analysts Set New Price Targets

Several equities analysts have weighed in on the company. BTIG Research upgraded Intel from a "neutral" rating to a "buy" rating in a research note on Thursday, June 11th. Seaport Research Partners increased their target price on shares of Intel from $65.00 to $90.00 and gave the company a "buy" rating in a report on Friday, April 24th. KGI Securities cut shares of Intel from an "outperform" rating to a "neutral" rating and set a $71.00 price target on the stock. in a report on Monday, April 20th. Cantor Fitzgerald upped their price objective on shares of Intel from $65.00 to $90.00 and gave the stock a "neutral" rating in a research report on Friday, April 24th. Finally, Wolfe Research began coverage on shares of Intel in a research report on Thursday, June 11th. They set a "peer perform" rating on the stock. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating, twenty-seven have given a Hold rating and four have given a Sell rating to the company. According to MarketBeat, the stock has an average rating of "Hold" and an average price target of $87.98.

About Intel

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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