State Street Corp Raises Stock Holdings in Intel Corporation $INTC

Key Points

• State Street increased its Intel stake by 1.2% in the second quarter, adding 2.53 million shares to own 216.85 million shares worth approximately $30.3 billion, or 4.3% of Intel. Institutional investors collectively own 64.53% of the company.
• Intel reported quarterly revenue of $16.13 billion and adjusted earnings of $0.42 per share, surpassing analyst estimates, while revenue grew 25.2% year over year. CEO Lip-Bu Tan also purchased nearly $10 million of Intel stock.
• Intel’s AI CPU demand and foundry prospects are supporting bullish expectations, but analysts remain cautious about its elevated valuation, execution risks and competition from Nvidia. The stock carries a consensus “Hold” rating with an average price target of $108.49.

State Street Corp increased its holdings in shares of Intel Corporation (NASDAQ:INTC - Free Report) by 1.2% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 216,849,675 shares of the chip maker's stock after acquiring an additional 2,528,657 shares during the quarter. Intel makes up about 0.6% of State Street Corp's holdings, making the stock its 26th largest position. State Street Corp owned about 4.30% of Intel worth $30,278,720,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of the business. ABS Investment Management LLC purchased a new position in shares of Intel in the 2nd quarter worth about $694,101,000. Montgomery Financial Services LLC purchased a new stake in Intel during the second quarter worth about $26,000. Knuff & Co LLC bought a new stake in Intel in the second quarter worth about $29,000. Glynn Capital Management LLC bought a new stake in Intel in the second quarter worth about $29,000. Finally, Beaird Harris Wealth Management LLC boosted its stake in Intel by 3,185.7% in the second quarter. Beaird Harris Wealth Management LLC now owns 230 shares of the chip maker's stock valued at $32,000 after acquiring an additional 223 shares during the last quarter. Institutional investors own 64.53% of the company's stock.

Trending Headlines about Intel

Here are the key news stories impacting Intel this week:

• Positive Sentiment: Meta’s successful Muse AI agent is strengthening the case that agentic AI will require substantial general-purpose CPU capacity alongside GPUs. Intel’s CEO reportedly said the company is fulfilling only about 50% of current AI-related CPU demand, suggesting tight supply and meaningful pricing or volume potential. Intel sees AI CPU demand squeeze
• Positive Sentiment: Melius Research identified Intel’s improving foundry prospects as a potential source of significant value and cited a possible price target of $165. Optimism around a potential foundry relationship with SK Hynix also helped drive the recent semiconductor rally. The lever that could take Intel stock to $165
• Positive Sentiment: Intel’s Core Ultra processors are included in new Googlebook laptops designed around Google’s Gemini AI, providing modest evidence of continued relevance in AI-enabled PCs. ASUS Googlebook 14 launch
• Neutral Sentiment: Broader market conditions remain supportive, with lower Treasury yields, falling oil prices, strong semiconductor momentum and improved U.S.-China trade sentiment helping technology shares. However, a machine-learning price forecast is not a fundamental catalyst and should not be treated as investment guidance. Market outlook for September 22
• Negative Sentiment: AI semiconductor stocks are easing after Monday’s sharp rally as investors take profits. Intel also faces competitive risk from Nvidia’s push into AI-oriented CPUs, while its foundry strategy still must demonstrate consistent execution. Nvidia’s AI CPU push threatens Intel and AMD
• Negative Sentiment: After a dramatic one-year advance, Intel’s elevated valuation leaves less room for disappointment. Analysts continue to highlight the gap between the company’s attractive AI and foundry opportunity and the need to convert that opportunity into sustainable profits and cash flow. Intel’s comeback and valuation concerns

Intel Stock Performance

Shares of NASDAQ:INTC traded down $0.33 during trading on Tuesday, hitting $121.45. 51,270,344 shares of the company were exchanged, compared to its average volume of 117,715,453. Intel Corporation has a 52-week low of $28.82 and a 52-week high of $142.35. The stock has a 50 day moving average of $97.18 and a 200 day moving average of $92.76. The company has a debt-to-equity ratio of 0.47, a current ratio of 1.60 and a quick ratio of 1.25. The company has a market cap of $612.60 billion, a PE ratio of -57.56, a P/E/G ratio of 11.59 and a beta of 2.22.

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 for the quarter, beating the consensus estimate of $0.21 by $0.21. Intel had a positive return on equity of 2.62% and a negative net margin of 19.79%.The company had revenue of $16.13 billion during the quarter, compared to analysts' expectations of $14.43 billion. During the same period in the previous year, the business earned ($0.10) earnings per share. The firm'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. As a group, equities research analysts predict that Intel Corporation will post 1.04 EPS for the current year.

Insiders Place Their Bets

In related news, CEO Lip Bu Tan purchased 105,263 shares of the firm's stock in a transaction dated Tuesday, August 11th. The shares were purchased at an average cost of $95.00 per share, for a total transaction of $9,999,985.00. Following the completion of the transaction, the chief executive officer directly owned 1,314,669 shares in the company, valued at approximately $124,893,555. This represents a 8.70% increase in their position. The acquisition was disclosed in a filing with the SEC, which is available through this hyperlink. 0.05% of the stock is owned by insiders.

Analysts Set New Price Targets

Several brokerages have recently issued reports on INTC. Seaport Research Partners restated a "buy" rating and set a $125.00 price target on shares of Intel in a research note on Friday, July 24th. UBS Group upgraded Intel from a "hold" rating to a "buy" rating in a research note on Tuesday, September 8th. Mizuho reduced their price objective on Intel from $109.00 to $92.00 and set a "neutral" rating for the company in a report on Friday, September 4th. Citigroup started coverage on Intel in a research report on Tuesday, September 8th. They issued a "buy" rating for the company. Finally, Truist Financial upped their price target on Intel from $81.00 to $108.00 and gave the company a "hold" rating in a research report on Friday, July 24th. One equities research analyst has rated the stock with a Strong Buy rating, twenty have given a Buy rating, twenty-six have given a Hold rating and three have assigned a Sell rating to the company's stock. According to data from MarketBeat, the stock has an average rating of "Hold" and an average target price of $108.49.

Intel Profile

Intel Corporation NASDAQ: INTC is a global semiconductor company that designs and manufactures computing and communications products. Its portfolio includes Intel Core processors for personal computers, Xeon processors for data centers and enterprise systems, and products for edge computing, networking, and other specialized applications.

Intel also develops graphics processing units under its Intel Arc and Intel Data Center GPU brands, Gaudi artificial intelligence accelerators, Ethernet products, software, and related platform technologies.

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.