Royal London Asset Management Ltd. Sells 431,955 Shares of Intel Corporation $INTC

Royal London Asset Management Ltd. trimmed its position in Intel Corporation (NASDAQ:INTC) by 9.4% during the 2nd quarter, Holdings Channel.com reports. The firm owned 4,166,552 shares of the chip maker’s stock after selling 431,955 shares during the period. Intel comprises 1.1% of Royal London Asset Management Ltd.’s investment portfolio, making the stock its 17th largest position. Royal London Asset Management Ltd.’s holdings in Intel were worth $581,776,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in the company. iA Global Asset Management Inc. increased its stake 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 valued at $21,883,000 after purchasing an additional 86,189 shares in the last quarter. Whalerock Point Partners LLC purchased a new stake in shares of Intel in the 4th quarter worth approximately $205,000. Dixon Mitchell Investment Counsel Inc. purchased a new stake in shares of Intel in the 4th quarter worth approximately $185,000. Northwestern Mutual Wealth Management Co. increased 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 valued at $9,419,000 after buying an additional 13,858 shares in the last quarter. Finally, Legal & General Group Plc increased its position in Intel by 1.3% during the 4th quarter. Legal & General Group Plc now owns 34,012,894 shares of the chip maker’s stock valued at $1,255,076,000 after buying an additional 423,481 shares in the last quarter. Institutional investors own 64.53% of the company’s stock.

More Intel News

Here are the key news stories impacting Intel this week:

• Positive Sentiment: Dell’s strong server performance supported Intel’s data-center outlook. Dell reported a 122% increase in server revenue, prompting analysts to argue that demand for Intel CPUs is accelerating as AI infrastructure requires a substantial number of traditional processors alongside GPUs. Intel stock rises as Dell earnings point to CPU demand
• Positive Sentiment: A bullish $200 price target added momentum. Global Equities Research analyst Trip Chowdhry identified Intel as a direct beneficiary of rising CPU-to-GPU ratios in AI clusters, the continued enterprise presence of x86 processors and the potential of Intel’s Clearwater Forest architecture. The target implies substantial upside, although it is an individual analyst forecast rather than a consensus estimate. Dell earnings and Intel CPU demand
• Positive Sentiment: Estimate revisions have been trending higher. Analysts cited AI demand, manufacturing improvements and growth in custom silicon as potential offsets to supply constraints and competitive pressure. Intel’s recent revenue growth and plans for more than $20 billion in 2026 capital spending also reinforce the long-term recovery narrative. Intel estimate revisions
• Neutral Sentiment: Semiconductor-sector strength provided a broad-market tailwind. Intel, AMD and Nvidia advanced even as stronger employment data increased expectations for a possible Federal Reserve rate hike. Separate commentary arguing that Nvidia’s earnings reduced fears of an AI spending bubble also helped maintain investor interest in chip stocks. Chip stocks rise despite rate concerns
• Negative Sentiment: Mizuho lowered its Intel price target to $92 from $109 and maintained a Hold rating. The analyst warned that weaker PC demand and near-term margin pressure could limit the benefit from Intel’s AI-related growth. Nvidia’s expanding server CPU business also remains a competitive risk. Mizuho lowers Intel price target

Analysts Set New Price Targets

INTC has been the topic of several analyst reports. Barclays boosted their target price on Intel from $65.00 to $100.00 and gave the stock an “equal weight” rating in a report on Monday, June 1st. Daiwa Securities Group lowered Intel from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, August 4th. Jefferies Financial Group assumed coverage on shares of Intel in a research note on Thursday, June 11th. They issued a “buy” rating on the stock. Weiss Ratings downgraded shares of Intel from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Tuesday, August 18th. Finally, Oppenheimer began coverage on shares of Intel in a research note on Thursday, June 11th. They set an “outperform” rating for the company. One research analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating, thirty-one have assigned a Hold rating and three have assigned a Sell rating to the company. According to data from MarketBeat.com, Intel has an average rating of “Hold” and an average target price of $107.01.

Intel Stock Up 4.5%

INTC stock opened at $95.80 on Friday. Intel Corporation has a 1-year low of $24.05 and a 1-year high of $142.35. The business has a fifty day moving average price of $100.45 and a 200-day moving average price of $87.91. The stock has a market capitalization of $483.22 billion, a P/E ratio of -45.40, a P/E/G ratio of 10.58 and a beta of 2.22. The company has a debt-to-equity ratio of 0.47, a current ratio of 1.60 and a quick ratio of 1.25.

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

Insider Buying and Selling at Intel

In related news, CEO Lip Bu Tan acquired 105,263 shares of the firm’s stock in a transaction dated Tuesday, August 11th. The stock was purchased at an average cost of $95.00 per share, with a total value of $9,999,985.00. Following the completion of the acquisition, the chief executive officer directly owned 1,314,669 shares of the company’s stock, valued at approximately $124,893,555. This trade 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. 0.05% of the stock is owned by 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.