Healthcare of Ontario Pension Plan Trust Fund Sells 2,008,094 Shares of Intel Corporation $INTC

Healthcare of Ontario Pension Plan Trust Fund decreased its position in shares of Intel Corporation (NASDAQ:INTC) by 54.4% in the 4th quarter, HoldingsChannel reports. The firm owned 1,685,818 shares of the chip maker’s stock after selling 2,008,094 shares during the quarter. Healthcare of Ontario Pension Plan Trust Fund’s holdings in Intel were worth $62,207,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. iA Global Asset Management Inc. lifted its holdings in shares of Intel by 17.0% in the fourth quarter. iA Global Asset Management Inc. now owns 593,043 shares of the chip maker’s stock worth $21,883,000 after acquiring an additional 86,189 shares during the last quarter. Van ECK Associates Corp lifted its holdings in shares of Intel by 18.3% in the third 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 last quarter. Heritage Investment Group Inc. bought a new position in shares of Intel in the fourth quarter worth about $219,000. Northwestern Mutual Wealth Management Co. lifted its holdings in shares of Intel by 5.7% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 255,261 shares of the chip maker’s stock worth $9,419,000 after acquiring an additional 13,858 shares during the last quarter. Finally, Legal & General Group Plc lifted its holdings in shares of Intel by 1.3% in the fourth quarter. Legal & General Group Plc now owns 34,012,894 shares of the chip maker’s stock worth $1,255,076,000 after acquiring an additional 423,481 shares during the last quarter. Institutional investors own 64.53% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts have recently commented on INTC shares. Melius Research set a $150.00 target price on shares of Intel in a report on Monday, May 18th. Wells Fargo & Company upped their price objective on Intel from $85.00 to $110.00 and gave the company an “equal weight” rating in a research note on Monday, June 1st. Seaport Research Partners upped their price objective on Intel from $65.00 to $90.00 and gave the company a “buy” rating in a research note on Friday, April 24th. Tigress Financial upped their price objective on Intel from $66.00 to $118.00 and gave the company a “buy” rating in a research note on Thursday, April 30th. Finally, KeyCorp upped their price objective on Intel from $70.00 to $110.00 and gave the company an “overweight” rating in a research note on Friday, April 24th. One research analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating, twenty-seven have given a Hold rating and four have issued a Sell rating to the company. According to MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $87.31.

Intel News Summary

Here are the key news stories impacting Intel this week:

• Positive Sentiment: Bank of America double-upgraded Intel to Buy and lifted its price target, signaling renewed confidence in the company’s CPU and foundry growth outlook. Article Title
• Positive Sentiment: Multiple reports highlighted Intel’s improving foundry story and its ability to benefit from AI-related semiconductor demand, which supported the stock’s move higher. Article Title
• Neutral Sentiment: Intel’s recent gains have also been linked to broader sector rotation back into beaten-down chip stocks, as investors looked past near-term macro and geopolitical concerns. Article Title
• Negative Sentiment: Some commentary warned that Intel and other chip stocks could face downside if the AI trade proves overextended and the market starts pricing in a bubble-like scenario. Article Title

Intel Stock Performance

Intel stock opened at $124.57 on Monday. The business has a 50 day moving average of $95.17 and a 200-day moving average of $61.74. Intel Corporation has a 1 year low of $18.97 and a 1 year high of $132.75. 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 company has a market capitalization of $626.09 billion, a P/E ratio of -200.92 and a beta of 2.21.

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

Insiders Place Their Bets

In other Intel 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 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 position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Corporate insiders own 0.05% of the company’s stock.

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.