Intel Corporation $INTC Shares Acquired by Principal Financial Group Inc.

Principal Financial Group Inc. increased its stake in shares of Intel Corporation (NASDAQ:INTC) by 1.3% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 5,301,170 shares of the chip maker’s stock after buying an additional 67,748 shares during the quarter. Principal Financial Group Inc.’s holdings in Intel were worth $740,202,000 as of its most recent SEC filing.

Other hedge funds have also recently made changes to their positions in the company. iA Global Asset Management Inc. lifted its holdings in shares of Intel by 17.0% during the fourth quarter. iA Global Asset Management Inc. now owns 593,043 shares of the chip maker’s stock worth $21,883,000 after purchasing an additional 86,189 shares during the period. Whalerock Point Partners LLC acquired a new position in Intel in the 4th quarter worth approximately $205,000. Heritage Investment Group Inc. acquired a new position in Intel in the 4th quarter worth approximately $219,000. Dixon Mitchell Investment Counsel Inc. acquired a new position in Intel in the 4th quarter worth approximately $185,000. Finally, Northwestern Mutual Wealth Management Co. raised its position in Intel by 5.7% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 255,261 shares of the chip maker’s stock worth $9,419,000 after buying an additional 13,858 shares during the last quarter. 64.53% of the stock is owned by institutional investors and hedge funds.

Intel Price Performance

Shares of NASDAQ INTC opened at $90.07 on Friday. 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. The firm’s 50 day simple moving average is $108.43 and its 200-day simple moving average is $85.00. Intel Corporation has a 12 month low of $23.65 and a 12 month high of $142.35.

Intel (NASDAQ:INTC) last posted 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 negative net margin of 19.79% and a positive return on equity of 2.62%. The firm had revenue of $16.13 billion during the quarter, compared to analysts’ expectations of $14.43 billion. During the same period in the previous year, the business posted ($0.10) EPS. The business’s 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. Analysts expect that Intel Corporation will post 1.01 EPS for the current year.

Insiders Place Their Bets

In other news, CEO Lip Bu Tan acquired 105,263 shares of the business’s stock in a transaction on Tuesday, August 11th. The stock was bought at an average price of $95.00 per share, with a total value of $9,999,985.00. Following the completion of the acquisition, the chief executive officer owned 1,314,669 shares of the company’s stock, valued at approximately $124,893,555. This represents a 8.70% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is accessible through the SEC website. Insiders own 0.05% of the company’s stock.

More 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.

Analyst Ratings Changes

Several analysts have commented on the stock. Zacks Research cut shares of Intel from a “strong-buy” rating to a “hold” rating in a research note on Friday, July 31st. Freedom Capital upgraded shares of Intel from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, April 28th. Sanford C. Bernstein reissued a “market perform” rating and set a $110.00 target price on shares of Intel in a report on Monday, July 27th. Cantor Fitzgerald decreased their target price on shares of Intel from $150.00 to $125.00 and set a “neutral” rating for the company in a research report on Friday, July 24th. Finally, JPMorgan Chase & Co. upped their price target on shares of Intel from $45.00 to $85.00 and gave the company an “underweight” rating in a report on Friday, July 24th. One analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, thirty-one have assigned a Hold rating and three have issued a Sell rating to the company. According to MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $107.46.

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.