Principal Financial Group Inc. Acquires 67,748 Shares of Intel Corporation $INTC

Principal Financial Group Inc. raised its holdings in shares of Intel Corporation (NASDAQ:INTC) by 1.3% during the second quarter, according to its most recent filing with the SEC. The firm owned 5,301,170 shares of the chip maker’s stock after purchasing an additional 67,748 shares during the period. Principal Financial Group Inc. owned 0.11% of Intel worth $740,202,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of the business. iA Global Asset Management Inc. boosted its position in Intel by 17.0% during the 4th quarter. iA Global Asset Management Inc. now owns 593,043 shares of the chip maker’s stock valued at $21,883,000 after acquiring an additional 86,189 shares in the last quarter. Whalerock Point Partners LLC purchased a new position in shares of Intel in the 4th quarter valued at $205,000. Heritage Investment Group Inc. purchased a new position in shares of Intel in the 4th quarter valued at $219,000. Dixon Mitchell Investment Counsel Inc. bought a new position in shares of Intel in the 4th quarter worth $185,000. Finally, Northwestern Mutual Wealth Management Co. raised its position in shares of Intel by 5.7% in the 4th 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 in the last quarter. Institutional investors own 64.53% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts recently weighed in on the company. Mizuho dropped their price objective on Intel from $135.00 to $109.00 and set a “neutral” rating on the stock in a research report on Friday, July 24th. New Street Research lifted their target price on Intel from $100.00 to $122.00 in a research note on Friday, June 26th. Moffett Nathanson downgraded shares of Intel to a “neutral” rating in a report on Thursday, June 11th. Seaport Research Partners reissued a “buy” rating and set a $125.00 price target on shares of Intel in a research report on Friday, July 24th. Finally, The Goldman Sachs Group restated a “neutral” rating on shares of Intel in a report on Thursday, July 23rd. One analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, thirty-one have given a Hold rating and three have given a Sell rating to the company. According to MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $107.46.

Insider Buying and Selling at Intel

In related news, CEO Lip Bu Tan acquired 105,263 shares of the business’s stock in a transaction dated Tuesday, August 11th. The shares were purchased at an average price of $95.00 per share, for a total transaction of $9,999,985.00. Following the completion of the acquisition, the chief executive officer directly owned 1,314,669 shares in the company, valued at $124,893,555. The trade was a 8.70% increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 0.05% of the company’s stock.

Intel Stock Down 2.2%

Intel stock opened at $90.07 on Friday. Intel Corporation has a 1-year low of $23.65 and a 1-year high of $142.35. The business has a fifty day moving average price of $108.43 and a 200-day moving average price of $85.00. The company has a debt-to-equity ratio of 0.47, a current ratio of 1.60 and a quick ratio of 1.25. The stock has a market capitalization of $454.31 billion, a price-to-earnings ratio of -42.69 and a beta of 2.22.

Intel (NASDAQ:INTC) last announced its earnings results on Thursday, July 23rd. The chip maker reported $0.42 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.21 by $0.21. Intel had a positive return on equity of 2.62% and a negative net margin of 19.79%.The company had revenue of $16.13 billion for the quarter, compared to analyst estimates of $14.43 billion. During the same period in the prior year, the company posted ($0.10) EPS. The firm’s quarterly revenue was up 25.2% compared to the same quarter last year. Intel has set its Q3 2026 guidance at 0.380-0.380 EPS. Equities research analysts forecast that Intel Corporation will post 1.01 EPS for the current fiscal year.

Key Intel News

Here are the key news stories impacting Intel this week:

• Positive Sentiment: Institutional buying provides support: Tiger Global reportedly increased its Intel position during the second quarter, adding to recent bullish interest in the company’s AI, data-center, and foundry businesses. Tiger Global Added to Its Position in Intel in Q2
• Positive Sentiment: CEO purchase signals confidence: Intel CEO Lip-Bu Tan reportedly bought another 105,000 shares, a potentially favorable signal regarding management’s view of the company’s turnaround and long-term prospects. CEO Lip-Bu Tan Just Bought Another 105,000 Shares of Intel Stock
• Positive Sentiment: Operating momentum remains a potential catalyst: Intel’s latest reported quarter exceeded consensus EPS and revenue estimates, with revenue up 25.2% year over year. Coverage also points to a growing role for Intel in AI hardware and data-center demand.
• Neutral Sentiment: Government investment remains under scrutiny: Intel’s shares slipped as Commerce Secretary Howard Lutnick defended the U.S. government’s purchase of roughly 10% of the company. The investment could improve strategic and financial support, but its unusual structure has prompted investor uncertainty. Intel Stock Slips as Howard Lutnick Defends Intel Deal
• Negative Sentiment: Potential dilution weighs on sentiment: Reports that Intel is pursuing a stock offering of approximately $15 billion raise concerns about shareholder dilution, even if the proceeds are intended to fund expansion and capitalize on AI demand. Intel Embarks on $15 Billion Stock Offering
• Negative Sentiment: High-profile selling reinforces profit-taking concerns: Stanley Druckenmiller’s Duquesne Family Office reportedly exited its Intel position in the second quarter, selling about 411,400 shares while reallocating capital to other AI and robotics opportunities. Druckenmiller Dumped Micron, Intel and Broadcom
• Negative Sentiment: Analyst caution and valuation risk persist: Intel carries an average analyst rating of “Hold,” while some coverage argues that Nvidia and AMD offer better risk-adjusted upside. Investors remain concerned that Intel’s recent rally has priced in much of the turnaround before sustained profitability is established.

About Intel

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.