Savant Capital LLC Lowers Stock Holdings in Intel Corporation $INTC

Key Points

• Savant Capital LLC cut its Intel stake by 72.5% in the fourth quarter, selling 238,480 shares and ending with 90,595 shares valued at about $3.34 million.
• Intel continues to see heavy institutional ownership, with hedge funds and other institutions holding about 64.53% of the stock. Several firms, including Vanguard and Capital World Investors, increased their positions during recent quarters.
• Analysts are split on Intel: some raised price targets and ratings, but the overall consensus remains “Hold” with an average target price of $81.52.

Savant Capital LLC reduced its position in Intel Corporation (NASDAQ:INTC - Free Report) by 72.5% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 90,595 shares of the chip maker's stock after selling 238,480 shares during the period. Savant Capital LLC's holdings in Intel were worth $3,343,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of INTC. Capital World Investors grew its stake in Intel by 32.5% in the 3rd quarter. Capital World Investors now owns 86,503,121 shares of the chip maker's stock worth $2,902,180,000 after acquiring an additional 21,230,715 shares during the period. Vanguard Group Inc. grew its stake in Intel by 3.5% in the 4th quarter. Vanguard Group Inc. now owns 404,522,308 shares of the chip maker's stock worth $14,926,873,000 after acquiring an additional 13,692,624 shares during the period. AQR Capital Management LLC grew its stake in Intel by 61.3% in the 3rd quarter. AQR Capital Management LLC now owns 25,001,621 shares of the chip maker's stock worth $838,804,000 after acquiring an additional 9,503,402 shares during the period. Van ECK Associates Corp grew its stake in Intel by 18.3% in the 3rd quarter. Van ECK Associates Corp now owns 55,521,741 shares of the chip maker's stock worth $1,862,755,000 after acquiring an additional 8,569,812 shares during the period. Finally, Rafferty Asset Management LLC grew its stake in Intel by 66.4% in the 2nd quarter. Rafferty Asset Management LLC now owns 19,396,839 shares of the chip maker's stock worth $434,489,000 after acquiring an additional 7,736,635 shares during the period. 64.53% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at Intel

In related news, EVP Boise April Miller sold 40,256 shares of Intel stock in a transaction 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 transaction, the executive vice president owned 105,077 shares in the company, valued at approximately $10,458,313.81. The trade was a 27.70% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Insiders own 0.05% of the company's stock.

Analyst Upgrades and Downgrades

A number of equities analysts have weighed in on the stock. Benchmark lifted their price target on shares of Intel from $105.00 to $140.00 and gave the company a "buy" rating in a report on Monday, May 18th. Freedom Capital upgraded shares of Intel from a "hold" rating to a "strong-buy" rating in a report on Tuesday, April 28th. JPMorgan Chase & Co. lifted their price target on shares of Intel from $35.00 to $45.00 and gave the company an "underweight" rating in a report on Friday, April 24th. Sanford C. Bernstein reiterated a "neutral" rating on shares of Intel in a report on Friday, April 24th. Finally, Robert W. Baird lifted their price target on shares of Intel from $50.00 to $75.00 and gave the company a "neutral" rating in a report on Friday, April 24th. One research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating, twenty-six have given a Hold rating and four have issued a Sell rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of "Hold" and a consensus target price of $81.52.

Intel Stock Performance

NASDAQ:INTC opened at $114.68 on Friday. The company has a current ratio of 2.31, a quick ratio of 1.85 and a debt-to-equity ratio of 0.34. The firm has a market capitalization of $576.38 billion, a price-to-earnings ratio of -184.96 and a beta of 2.18. The firm's fifty day simple moving average is $81.94 and its 200 day simple moving average is $56.32. Intel Corporation has a twelve month low of $18.97 and a twelve month high of $132.75.

Intel (NASDAQ:INTC - Get Free Report) last posted its 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. The business 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%. The business's quarterly revenue was up 7.4% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.13 EPS. Intel has set its Q2 2026 guidance at 0.200-0.200 EPS. As a group, equities research analysts expect that Intel Corporation will post 0.63 earnings per share for the current fiscal year.

Key Stories Impacting Intel

Here are the key news stories impacting Intel this week:

• Positive Sentiment: Intel and Acer launched new gaming handhelds and laptops powered by Intel’s latest Arc G-Series and Core processors, highlighting stronger traction in portable gaming and AI PC hardware. Acer Expands Gaming Portfolio With Predator Atlas 8 Handheld Powered by Intel
• Positive Sentiment: Reuters reported that Intel and 3DGS will invest about $3.3 billion to build a substrate manufacturing plant in India, which supports Intel’s foundry and advanced packaging ambitions. Intel, 3DGS to set up $3.3 billion substrate plant in India's Odisha state
• Positive Sentiment: MediaTek said it supports both TSMC’s and Intel’s advanced packaging technologies, a sign that Intel is gaining credibility as a packaging option for major chip designers. Taiwan's MediaTek says it supports both TSMC and Intel's advanced packaging technologies

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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