Lazard Freres Gestion S.A.S. Takes Position in Intel Corporation $INTC

Lazard Freres Gestion S.A.S. bought a new stake in Intel Corporation (NASDAQ:INTC) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor bought 5,433 shares of the chip maker’s stock, valued at approximately $200,000.

Several other institutional investors have also recently added to or reduced their stakes in INTC. Capital World Investors raised its position in shares of Intel by 32.5% in the 3rd quarter. Capital World Investors now owns 86,503,121 shares of the chip maker’s stock worth $2,902,180,000 after buying an additional 21,230,715 shares during the period. Vanguard Group Inc. raised its position in shares of Intel by 3.5% in the 4th quarter. Vanguard Group Inc. now owns 404,522,308 shares of the chip maker’s stock worth $14,926,873,000 after buying an additional 13,692,624 shares during the period. AQR Capital Management LLC raised its position in shares of Intel by 61.3% in the 3rd quarter. AQR Capital Management LLC now owns 25,001,621 shares of the chip maker’s stock worth $838,804,000 after buying an additional 9,503,402 shares during the period. Van ECK Associates Corp raised its position in shares of Intel by 18.3% in the 3rd quarter. Van ECK Associates Corp now owns 55,521,741 shares of the chip maker’s stock worth $1,862,755,000 after buying an additional 8,569,812 shares during the period. Finally, Rafferty Asset Management LLC raised its position in shares of Intel by 66.4% in the 2nd quarter. Rafferty Asset Management LLC now owns 19,396,839 shares of the chip maker’s stock worth $434,489,000 after buying an additional 7,736,635 shares during the period. 64.53% of the stock is currently owned by institutional investors and hedge funds.

Key Intel News

Here are the key news stories impacting Intel this week:

• Positive Sentiment: Citi raised its price target on Intel (INTC) to $130 and kept a Buy rating, citing a much larger CPU market opportunity tied to AI workloads and projected server CPU growth through 2030. Intel CEO says foundry business is gaining momentum as customer interest grows
• Positive Sentiment: Intel CEO Lip-Bu Tan said the company’s foundry business is gaining momentum, manufacturing yields are improving, and multiple foundry customer commitments are expected in the second half of the year. Intel CEO says foundry business is gaining momentum as customer interest grows
• Positive Sentiment: Samsung launched the Galaxy Book6 Enterprise Edition powered by Intel Core Ultra processors, reinforcing Intel’s presence in enterprise PCs and next-gen laptop demand. Galaxy Book6 Enterprise Edition Extends Connected Galaxy Experience to Enterprise IT Environments, Powered by Intel Core Ultra Processors
• Positive Sentiment: Reports that Intel is exploring Tenstorrent, an AI chip startup, suggest it may keep using M&A to strengthen its AI position. Intel, Qualcomm Eye AI Chip Startup in $5B+ Deal Hunt
• Neutral Sentiment: Several articles argue Intel’s recent pullback may simply be a pause after a strong run, with analysts saying the stock can still “grow into” its valuation over time.
• Negative Sentiment: Some coverage warns the semiconductor rally is crowded and vulnerable to higher bond yields, which could pressure high-flying chip stocks like Intel if sentiment cools. Everyone Owns Chip Stocks. That Could Be a Problem for Intel and Others.
• Negative Sentiment: There is also some caution that Intel’s valuation has run up sharply, so near-term upside may be more limited after the recent rally.

Intel Stock Up 2.4%

Shares of NASDAQ INTC opened at $110.80 on Wednesday. Intel Corporation has a 12-month low of $18.97 and a 12-month high of $132.75. The company has a market cap of $556.88 billion, a P/E ratio of -178.71 and a beta of 2.18. The company has a current ratio of 2.31, a quick ratio of 1.85 and a debt-to-equity ratio of 0.34. The stock has a fifty day moving average price of $70.10 and a 200 day moving average price of $51.87.

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

Analyst Upgrades and Downgrades

Several brokerages recently weighed in on INTC. Citic Securities raised Intel from a “hold” rating to a “buy” rating and increased their target price for the stock from $38.90 to $60.30 in a research report on Monday, January 26th. New Street Research increased their target price on Intel from $50.00 to $80.00 and gave the stock a “neutral” rating in a research report on Friday, April 24th. Wedbush reiterated a “neutral” rating and issued a $30.00 price target on shares of Intel in a report on Tuesday, January 20th. Jefferies Financial Group increased their price target on Intel from $60.00 to $80.00 and gave the company a “hold” rating in a report on Friday, April 24th. Finally, Morgan Stanley increased their price target on Intel from $56.00 to $73.00 and gave the company an “equal weight” rating in a report on Friday, April 24th. One analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, twenty-five have issued a Hold rating and four have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $81.52.

Insider Buying and Selling at Intel

In other news, EVP Boise April Miller sold 40,256 shares of the firm’s 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 completion of the sale, the executive vice president directly owned 105,077 shares in the company, valued at $10,458,313.81. This trade represents a 27.70% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.05% of the stock is owned by corporate 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.