TD Waterhouse Canada Inc. Purchases 179,187 Shares of Intel Corporation $INTC

Key Points

• TD Waterhouse Canada nearly doubled its Intel position in the second quarter, purchasing 179,187 additional shares to hold 369,989 shares valued at approximately $47 million. Institutional investors collectively own 64.53% of Intel’s stock.
• Intel CEO Lip-Bu Tan bought 105,263 shares for roughly $10 million, increasing his direct ownership by 8.7%. The purchase adds to recent institutional and insider buying activity.
• Intel reported stronger-than-expected quarterly results, with revenue up 25.2% year over year and EPS of $0.42 versus the $0.21 consensus estimate. Despite positive developments in pricing power and High-NA EUV manufacturing, analysts maintain a consensus “Hold” rating and cite dilution and foundry investment needs as risks.

TD Waterhouse Canada Inc. increased its position in Intel Corporation (NASDAQ:INTC - Free Report) by 93.9% in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 369,989 shares of the chip maker's stock after purchasing an additional 179,187 shares during the quarter. TD Waterhouse Canada Inc.'s holdings in Intel were worth $47,003,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in INTC. Financially Speaking Inc lifted its position in Intel by 69.2% during the fourth quarter. Financially Speaking Inc now owns 682 shares of the chip maker's stock valued at $25,000 after buying an additional 279 shares during the period. Financial Life Planners purchased a new stake in shares of Intel in the 1st quarter worth about $25,000. Glynn Capital Management LLC purchased a new stake in shares of Intel in the 2nd quarter worth about $29,000. Knuff & Co LLC bought a new position in shares of Intel in the 2nd quarter worth about $29,000. Finally, Swiss RE Ltd. bought a new position in shares of Intel in the 4th quarter worth about $29,000. 64.53% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at Intel

In other Intel news, CEO Lip Bu Tan purchased 105,263 shares of the firm's stock in a transaction dated Tuesday, August 11th. The stock was purchased at an average price of $95.00 per share, for a total transaction of $9,999,985.00. Following the completion of the purchase, the chief executive officer directly owned 1,314,669 shares of the company's stock, valued at $124,893,555. This trade represents a 8.70% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Insiders own 0.05% of the company's stock.

Key Stories Impacting Intel

Here are the key news stories impacting Intel this week:

• Positive Sentiment: Intel is reportedly preparing another price increase of roughly 10% for PC and enterprise CPUs, potentially beginning in October. Rising supply-chain costs are a stated reason, but the increase also suggests strong demand and limited customer willingness to switch suppliers. Intel’s stock is rising as the company looks primed to boost prices even more
• Positive Sentiment: Intel and ASML reported that Intel Foundry has processed more than one million wafers using High-NA EUV equipment. The technology is being applied to selected layers of Intel’s 18A process and upcoming Panther Lake chips, offering evidence that Intel’s substantial fabrication investments are moving toward production-scale execution. Intel Foundry and ASML Collaborate to Accelerate Industry Readiness for High NA EUV
• Positive Sentiment: Northland Securities upgraded Intel from Market Perform to Outperform, citing improved pricing power and the possibility that Elon Musk’s proposed Terafab could provide additional scale for Intel’s currently loss-making foundry business. Wall Street analyst upgrades Intel stock price target
• Neutral Sentiment: Intel’s AI-PC initiative, including an on-device AI agent developed with the University of South Australia, highlights potential product differentiation, although its near-term revenue impact remains uncertain. Can Intel's AI PC Innovation With ASU Strengthen Its Market Position?
• Negative Sentiment: Mizuho reportedly reduced its price target to $92, pointing to dilution concerns after Intel’s sharp rally and capital needs. This remains a key risk because foundry expansion requires substantial investment and could limit per-share gains. 5-star analyst resets Intel stock price target

Wall Street Analyst Weigh In

INTC has been the topic of several research reports. UBS Group raised shares of Intel from a "neutral" rating to a "buy" rating in a research note on Tuesday. DA Davidson lifted their target price on shares of Intel from $77.00 to $100.00 and gave the company a "neutral" rating in a report on Friday, July 24th. TD Cowen upped their price target on Intel from $75.00 to $115.00 and gave the stock a "hold" rating in a research note on Monday, July 13th. Oppenheimer started coverage on Intel in a research report on Thursday, June 11th. They set an "outperform" rating for the company. Finally, Needham & Company LLC reiterated a "hold" rating on shares of Intel in a research note on Friday, July 24th. One research analyst has rated the stock with a Strong Buy rating, nineteen have given a Buy rating, twenty-eight have assigned a Hold rating and three have issued a Sell rating to the company. According to data from MarketBeat.com, the company has a consensus rating of "Hold" and an average target price of $107.74.

Intel Trading Up 9.1%

NASDAQ:INTC opened at $104.47 on Wednesday. The stock has a market cap of $526.95 billion, a price-to-earnings ratio of -49.51, a PEG ratio of 10.58 and a beta of 2.22. The company has a quick ratio of 1.25, a current ratio of 1.60 and a debt-to-equity ratio of 0.47. The company's 50 day moving average price is $99.03 and its 200-day moving average price is $88.96. Intel Corporation has a 52 week low of $24.05 and a 52 week high of $142.35.

Intel (NASDAQ:INTC - Get Free Report) last announced its quarterly earnings data 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. The company had revenue of $16.13 billion during the quarter, compared to analyst estimates of $14.43 billion. Intel had a negative net margin of 19.79% and a positive return on equity of 2.62%. The firm's revenue for the quarter was up 25.2% on a year-over-year basis. During the same period in the previous year, the business earned ($0.10) EPS. Intel has set its Q3 2026 guidance at 0.380-0.380 EPS. On average, equities research analysts forecast that Intel Corporation will post 1.01 earnings per share for the current fiscal year.

About Intel

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.

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