United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund Makes New Investment in Intel Corporation $INTC

Key Points

• United Super Pty Ltd disclosed a new fourth-quarter position in Intel, buying 3.1 million shares worth about $114.4 million. Intel is now its 14th-largest holding and makes up 1.6% of the fund’s portfolio.
• Intel’s latest earnings beat expectations, with EPS of $0.29 versus the $0.01 consensus and revenue of $13.58 billion topping estimates. Quarterly revenue rose 7.4% year over year, and the company guided Q2 2026 EPS at $0.20.
• Despite upbeat operating news, analyst sentiment remains mixed: Intel’s average rating is still “Hold,” and Northland recently downgraded the stock to Market Perform on valuation concerns. Insider selling also added to caution, with an EVP selling 40,256 shares in early May.

United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund acquired a new position in shares of Intel Corporation (NASDAQ:INTC - Free Report) in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 3,100,000 shares of the chip maker's stock, valued at approximately $114,390,000. Intel accounts for 1.6% of United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund's portfolio, making the stock its 14th largest position. United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund owned about 0.06% of Intel at the end of the most recent quarter.

A number of other large investors also recently added to or reduced their stakes in the stock. Vanguard Group Inc. raised its position in Intel by 3.5% during the fourth 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. Geode Capital Management LLC raised its position in Intel by 3.2% during the fourth quarter. Geode Capital Management LLC now owns 101,931,512 shares of the chip maker's stock worth $3,744,406,000 after acquiring an additional 3,124,798 shares during the period. Capital World Investors lifted its holdings in Intel by 32.5% in the 3rd quarter. Capital World Investors now owns 86,503,121 shares of the chip maker's stock valued at $2,902,180,000 after purchasing an additional 21,230,715 shares in the last quarter. Van ECK Associates Corp lifted its holdings 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 valued at $1,862,755,000 after purchasing an additional 8,569,812 shares in the last quarter. Finally, Invesco Ltd. boosted its stake in Intel by 0.7% during the 3rd quarter. Invesco Ltd. now owns 47,658,924 shares of the chip maker's stock worth $1,598,957,000 after purchasing an additional 312,485 shares during the last quarter. 64.53% of the stock is currently owned by institutional investors and hedge funds.

Intel Stock Down 0.7%

Shares of NASDAQ INTC opened at $120.89 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. Intel Corporation has a 12-month low of $18.97 and a 12-month high of $132.75. The company has a 50-day moving average of $80.55 and a 200 day moving average of $55.91. The stock has a market cap of $607.59 billion, a PE ratio of -194.98 and a beta of 2.18.

Intel (NASDAQ:INTC - Get Free Report) last announced its quarterly earnings data on Thursday, April 23rd. The chip maker reported $0.29 earnings per share (EPS) for the quarter, beating analysts' consensus estimates 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 firm 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 firm posted $0.13 earnings per share. Intel's quarterly revenue was up 7.4% on a year-over-year basis. Intel has set its Q2 2026 guidance at 0.200-0.200 EPS. As a group, sell-side analysts predict that Intel Corporation will post 0.63 EPS for the current fiscal year.

Insider Activity

In related news, EVP Boise April Miller sold 40,256 shares of the company's stock in a transaction dated Friday, May 1st. The shares were sold at an average price of $99.53, for a total value of $4,006,679.68. Following the completion of the sale, the executive vice president owned 105,077 shares of the company's stock, valued at approximately $10,458,313.81. This represents a 27.70% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. Corporate insiders own 0.05% of the company's stock.

Key Intel News

Here are the key news stories impacting Intel this week:

• Positive Sentiment: Intel’s recent earnings and AI-related momentum are still supporting the bull case, with some commentary arguing the stock could keep climbing if its turnaround and foundry strategy continue to gain traction.
• Positive Sentiment: Acer announced the Predator Atlas 8 handheld powered by new Intel Arc G-series processors, another sign that Intel is landing product wins in gaming and PC hardware.
• Positive Sentiment: Several articles highlight anticipation around Intel’s June 2 COMPUTEX 2026 appearance, which could bring new product or strategy updates that investors are watching closely.
• Neutral Sentiment: Intel remains a major AI and semiconductor comeback story, but many of the bullish articles are speculative or forward-looking rather than based on new fundamental developments.
• Neutral Sentiment: Reports that Intel may consider leasing fab space could improve asset utilization and financial flexibility, but the market appears to be treating it as a strategic possibility rather than confirmed material news.
• Negative Sentiment: Northland downgraded Intel to Market Perform from Outperform, citing valuation concerns even while acknowledging progress in the turnaround.
• Negative Sentiment: Other commentary suggests Intel’s huge rally has made the stock expensive, with some analysts and media pieces warning that insider selling and stretched valuation could trigger a pullback.
• Negative Sentiment: Rival pressure is also a headwind, including coverage that AMD and Nvidia are strengthening their positions in key chip markets, which keeps competition concerns front and center for Intel investors.

Analyst Upgrades and Downgrades

INTC has been the subject of a number of research reports. Deutsche Bank Aktiengesellschaft reaffirmed a "hold" rating and set a $100.00 target price on shares of Intel in a report on Tuesday, May 12th. BNP Paribas Exane upgraded shares of Intel from an "underperform" rating to a "buy" rating and set a $60.00 price target on the stock in a research report on Tuesday, April 21st. Robert W. Baird upped their price objective on shares of Intel from $50.00 to $75.00 and gave the company a "neutral" rating in a research note on Friday, April 24th. Jefferies Financial Group upped their price objective on shares of Intel from $60.00 to $80.00 and gave the company a "hold" rating in a research note on Friday, April 24th. Finally, Northland Securities cut shares of Intel from an "outperform" rating to a "market perform" rating in a research note on Tuesday. One equities research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating, twenty-six have assigned a Hold rating and four have assigned a Sell rating to the stock. According to data from MarketBeat.com, Intel presently has an average rating of "Hold" and a consensus target price of $81.52.

Intel 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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