Intel Corporation $INTC Shares Bought by Keebeck Wealth Management

Keebeck Wealth Management boosted its holdings in shares of Intel Corporation (NASDAQ:INTC) by 99.4% in the 1st quarter, Holdings Channel reports. The firm owned 10,948 shares of the chip maker’s stock after buying an additional 5,457 shares during the period. Keebeck Wealth Management’s holdings in Intel were worth $483,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Vanguard Group Inc. increased its holdings in shares of Intel by 3.5% in the fourth quarter. Vanguard Group Inc. now owns 404,522,308 shares of the chip maker’s stock valued at $14,926,873,000 after buying an additional 13,692,624 shares in the last quarter. State Street Corp boosted its stake in shares of Intel by 2.8% during the 4th quarter. State Street Corp now owns 208,536,784 shares of the chip maker’s stock worth $7,695,007,000 after acquiring an additional 5,714,400 shares in the last quarter. Capital World Investors boosted its stake in shares of Intel by 20.3% during the 4th quarter. Capital World Investors now owns 104,060,268 shares of the chip maker’s stock worth $3,839,833,000 after acquiring an additional 17,557,147 shares in the last quarter. Geode Capital Management LLC grew its holdings in shares of Intel by 3.2% in the 4th 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 last quarter. Finally, Morgan Stanley grew its holdings in shares of Intel by 20.4% in the 4th quarter. Morgan Stanley now owns 65,249,269 shares of the chip maker’s stock worth $2,407,698,000 after acquiring an additional 11,056,090 shares during the last quarter. 64.53% of the stock is currently owned by institutional investors.

Intel Stock Performance

Shares of Intel stock opened at $92.32 on Friday. The stock has a market cap of $464.00 billion, a PE ratio of -43.75 and a beta of 2.18. The business has a fifty day simple moving average of $115.84 and a 200-day simple moving average of $78.07. The company has a quick ratio of 1.85, a current ratio of 2.31 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 $142.35.

Intel (NASDAQ:INTC) last issued its quarterly earnings results on Thursday, July 23rd. The chip maker reported $0.42 earnings per share for the quarter, beating analysts’ consensus estimates of $0.21 by $0.21. The business had revenue of $16.13 billion for the quarter, compared to the consensus estimate of $14.43 billion. Intel had a positive return on equity of 2.52% and a negative net margin of 19.79%.Intel’s revenue for the quarter was up 25.2% compared to the same quarter last year. During the same quarter in the previous year, the company posted ($0.10) earnings per share. Intel has set its Q3 2026 guidance at 0.380-0.380 EPS. On average, sell-side analysts anticipate that Intel Corporation will post 0.65 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

INTC has been the subject of several analyst reports. Roth Capital upped their target price on Intel from $100.00 to $120.00 and gave the company a “buy” rating in a report on Friday. Wall Street Zen raised Intel from a “hold” rating to a “buy” rating in a research note on Saturday, July 18th. Northland Securities cut Intel from an “outperform” rating to a “market perform” rating in a research note on Tuesday, May 26th. Tigress Financial boosted their price objective on Intel from $66.00 to $118.00 and gave the stock a “buy” rating in a report on Thursday, April 30th. Finally, BNP Paribas Exane raised shares of Intel from an “underperform” rating to a “buy” rating and set a $60.00 price objective for the company in a research note on Tuesday, April 21st. Two research analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, twenty-nine have assigned a Hold rating and three have issued a Sell rating to the stock. According to MarketBeat, Intel presently has a consensus rating of “Hold” and a consensus price target of $107.67.

Key Stories Impacting Intel

Here are the key news stories impacting Intel this week:

• Positive Sentiment: Intel beat Q2 expectations with EPS of $0.42 versus $0.21 expected and revenue of $16.13 billion versus $14.43 billion, marking its fastest revenue growth in more than 15 years. Reuters article
• Positive Sentiment: Intel’s Q3 guidance topped estimates, signaling management sees continued momentum from AI-related server-chip demand and improving foundry execution. CNBC article
• Positive Sentiment: Analysts and media coverage highlighted stronger data-center and AI demand, along with early progress in Intel’s foundry business and 18A manufacturing roadmap. MarketWatch/Fool article

Insiders Place Their Bets

In other Intel news, EVP Boise April Miller sold 40,256 shares of Intel stock in a transaction dated Friday, May 1st. The stock was 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 of the company’s stock, valued at $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 is available through this hyperlink. 0.05% of the stock is currently owned by company insiders.

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.