Thrivent Financial for Lutherans Buys 11,780 Shares of Intel Corporation $INTC

Thrivent Financial for Lutherans increased its stake in Intel Corporation (NASDAQ:INTC) by 3.6% in the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 338,496 shares of the chip maker’s stock after purchasing an additional 11,780 shares during the quarter. Thrivent Financial for Lutherans’ holdings in Intel were worth $12,549,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in INTC. Van ECK Associates Corp lifted its position in shares of Intel by 18.3% during 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 purchasing an additional 8,569,812 shares during the last quarter. Heritage Investment Group Inc. bought a new stake in Intel during the 4th quarter valued at approximately $219,000. Vanguard Group Inc. grew its holdings in 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. Katamaran Capital LLP acquired a new stake in Intel in the 3rd quarter valued at approximately $349,000. Finally, Rothschild Investment LLC increased its position in Intel by 84.7% in the 3rd quarter. Rothschild Investment LLC now owns 56,490 shares of the chip maker’s stock worth $1,895,000 after buying an additional 25,901 shares during the period. Institutional investors own 64.53% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms recently commented on INTC. Sanford C. Bernstein reiterated a “neutral” rating on shares of Intel in a research note on Friday, April 24th. Tigress Financial raised their price target on shares of Intel from $66.00 to $118.00 and gave the stock a “buy” rating in a research report on Thursday, April 30th. Melius Research set a $150.00 price objective on shares of Intel in a report on Monday. Jefferies Financial Group upped their price objective on shares of Intel from $60.00 to $80.00 and gave the company a “hold” rating in a research report on Friday, April 24th. Finally, Citic Securities raised Intel from a “hold” rating to a “buy” rating and lifted their target price for the stock from $38.90 to $60.30 in a research report on Monday, January 26th. 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 issued a Sell rating to the company. According to data from MarketBeat, the company has an average rating of “Hold” and an average price target of $81.52.

Insider Buying and Selling

In related 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 value of $4,006,679.68. Following the transaction, the executive vice president 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 transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Insiders own 0.05% of the company’s stock.

Trending Headlines about Intel

Here are the key news stories impacting Intel this week:

• Positive Sentiment: Citi raised its price target on Intel to $130 from $95 and kept a Buy rating, arguing that “agentic AI” workloads could expand the server CPU market much faster than expected. Citi Hikes Intel Price Target to $130: The Agentic CPU Boom Reshapes the Story
• Positive Sentiment: Intel CEO Lip-Bu Tan said the foundry business is gaining momentum, with improving yields and growing customer interest; he expects commitments from multiple foundry customers in the second half of the year. Intel CEO says foundry business is gaining momentum as customer interest grows
• Positive Sentiment: Benchmark also lifted its target on Intel to $140 and maintained a Buy rating, while Tiger Global reportedly added a new stake, reinforcing institutional confidence in the turnaround. Benzinga article on AI chip stock reversal warning
• Neutral Sentiment: Trump’s comment that he “should have asked for more” in the government’s Intel stake kept the stock in focus, but it mainly added headlines rather than changing Intel’s fundamentals. Trump tells Fortune on Intel stake: ‘should have asked for more’
• Negative Sentiment: Some analysts and technical commentators warned that AI semiconductor names, including Intel, may be overextended after a powerful rally, which has weighed on the shares despite the bullish target hikes. Micron, AMD, Intel Stocks Could Face An Abrupt Reversal, Top AI Expert Warns

Intel Stock Down 0.6%

Shares of NASDAQ INTC opened at $108.17 on Tuesday. Intel Corporation has a 52-week low of $18.97 and a 52-week high of $132.75. The company has a debt-to-equity ratio of 0.34, a quick ratio of 1.85 and a current ratio of 2.31. The business has a fifty day moving average of $68.76 and a two-hundred day moving average of $51.38. The stock has a market cap of $543.66 billion, a PE ratio of -174.46 and a beta of 2.18.

Intel (NASDAQ:INTC) last announced its earnings results on Thursday, April 23rd. The chip maker reported $0.29 EPS for the quarter, topping the consensus estimate of $0.01 by $0.28. The business had revenue of $13.58 billion for 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%.Intel’s revenue was up 7.4% compared to the same quarter last year. During the same period in the previous year, the business earned $0.13 EPS. Intel has set its Q2 2026 guidance at 0.200-0.200 EPS. As a group, equities research analysts expect that Intel Corporation will post 0.63 earnings per share for the current fiscal year.

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.