Pioneer Trust Bank N A OR Purchases Shares of 5,660 Intel Corporation $INTC

Pioneer Trust Bank N A OR purchased a new stake in shares of Intel Corporation (NASDAQ:INTC) in the 1st quarter, Holdings Channel.com reports. The fund purchased 5,660 shares of the chip maker’s stock, valued at approximately $250,000.

A number of other hedge funds also recently modified their holdings of INTC. Norges Bank acquired a new stake in Intel in the fourth quarter valued at $2,233,159,000. Capital World Investors lifted its holdings in Intel by 32.5% during 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. Capital Research Global Investors lifted its holdings in Intel by 285.9% during the 4th quarter. Capital Research Global Investors now owns 26,619,928 shares of the chip maker’s stock worth $982,279,000 after buying an additional 19,722,010 shares during the period. Vanguard Group Inc. grew 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 valued at $14,926,873,000 after buying an additional 13,692,624 shares during the last quarter. Finally, Morgan Stanley increased its stake in shares of Intel by 20.4% in the fourth quarter. Morgan Stanley now owns 65,249,269 shares of the chip maker’s stock valued at $2,407,698,000 after buying an additional 11,056,090 shares during the period. Institutional investors and hedge funds own 64.53% of the company’s stock.

Intel Stock Down 9.7%

Shares of NASDAQ INTC opened at $110.39 on Wednesday. The company has a quick ratio of 1.85, a current ratio of 2.31 and a debt-to-equity ratio of 0.34. The firm has a market cap of $554.82 billion, a PE ratio of -178.05 and a beta of 2.18. The company’s fifty day simple moving average is $117.30 and its 200 day simple moving average is $72.32. Intel Corporation has a 12-month low of $18.97 and a 12-month high of $142.35.

Intel (NASDAQ:INTC) last posted its quarterly earnings results on Thursday, April 23rd. The chip maker reported $0.29 earnings per share for the quarter, beating the consensus estimate 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 the consensus estimate of $12.32 billion. During the same period in the previous year, the firm posted $0.13 earnings per share. The business’s revenue was up 7.4% compared to the same quarter last year. Intel has set its Q2 2026 guidance at 0.200-0.200 EPS. As a group, sell-side analysts forecast that Intel Corporation will post 0.63 earnings per share for the current fiscal year.

Insider Buying and Selling

In related news, EVP Boise April Miller sold 40,256 shares of the company’s stock in a transaction that occurred on 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 directly 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 filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.05% of the stock is owned by insiders.

Key Stories Impacting Intel

Here are the key news stories impacting Intel this week:

• Positive Sentiment: HSBC issued a Street-high $200 price target on Intel, arguing that AI server CPUs and the foundry business could drive materially stronger earnings than current forecasts suggest. HSBC Just Issued Wall Street’s Boldest Call on Intel Stock
• Positive Sentiment: Another bullish note highlighted Intel’s turnaround story, citing improving AI-related demand and foundry momentum as reasons the stock could keep rising. Intel vs. AMD: Goldman Sachs Analyst Thinks the Answer Is Clear
• Positive Sentiment: Recent commentary said Intel’s 18A manufacturing node is progressing, with yield issues easing and production scaling, which could support future foundry wins and margins. Intel Corporation stock page
• Neutral Sentiment: Intel is approaching its July 23 earnings report, and the market is likely positioning ahead of that event as investors look for proof that recent pricing actions and foundry execution are translating into revenue and margin improvement.

Analysts Set New Price Targets

A number of research firms recently commented on INTC. Bank of America lifted their price objective on Intel from $135.00 to $160.00 and gave the stock a “buy” rating in a research note on Tuesday, June 23rd. New Street Research upped their price objective on shares of Intel from $100.00 to $122.00 in a research note on Friday, June 26th. Jefferies Financial Group initiated coverage on shares of Intel in a research report on Thursday, June 11th. They set a “buy” rating for the company. The Goldman Sachs Group assumed coverage on shares of Intel in a report on Thursday, June 25th. They issued a “neutral” rating and a $150.00 target price on the stock. Finally, Northland Securities downgraded Intel from an “outperform” rating to a “market perform” rating in a report on Tuesday, May 26th. Two analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating, twenty-eight have given a Hold rating and four have issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $96.69.

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.