Intel Corporation $INTC Stock Acquired by Ethic Inc.

Ethic Inc. increased its holdings in shares of Intel Corporation (NASDAQ:INTC) by 5.5% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 525,262 shares of the chip maker’s stock after buying an additional 27,261 shares during the quarter. Intel accounts for approximately 0.7% of Ethic Inc.’s holdings, making the stock its 17th biggest position. Ethic Inc.’s holdings in Intel were worth $63,152,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of INTC. State Street Corp boosted its position in Intel by 1.2% during the 2nd quarter. State Street Corp now owns 216,849,675 shares of the chip maker’s stock worth $30,278,720,000 after acquiring an additional 2,528,657 shares during the period. Primecap Management Co. CA purchased a new position in Intel during the 2nd quarter valued at about $10,507,291,000. Amundi increased its holdings in shares of Intel by 14.9% in the 1st quarter. Amundi now owns 38,969,192 shares of the chip maker’s stock valued at $1,719,710,000 after purchasing an additional 5,045,936 shares during the period. Bank of America Corp DE increased its holdings in shares of Intel by 35.7% in the 2nd quarter. Bank of America Corp DE now owns 31,724,362 shares of the chip maker’s stock valued at $4,429,673,000 after purchasing an additional 8,342,514 shares during the period. Finally, Bank of New York Mellon Corp increased its holdings in shares of Intel by 0.4% in the 1st quarter. Bank of New York Mellon Corp now owns 30,700,929 shares of the chip maker’s stock valued at $1,354,832,000 after purchasing an additional 112,054 shares during the period. 64.53% of the stock is owned by institutional investors and hedge funds.

Intel Stock Performance

Shares of INTC stock opened at $56.28 on Friday. The company has a debt-to-equity ratio of 0.47, a current ratio of 2.31 and a quick ratio of 1.86. Intel Corporation has a fifty-two week low of $32.89 and a fifty-two week high of $142.35. The stock’s 50-day moving average is $97.95 and its two-hundred day moving average is $86.60. The firm has a market cap of $299.13 billion, a P/E ratio of -23.35, a PEG ratio of 6.02 and a beta of 2.42.

Intel (NASDAQ:INTC) last posted its quarterly earnings results on Thursday, October 29th. The chip maker reported $0.52 earnings per share for the quarter, topping analysts’ consensus estimates of $0.41 by $0.11. The company had revenue of $16.51 billion during the quarter, compared to the consensus estimate of $16.56 billion. Intel had a positive return on equity of 4.70% and a negative net margin of 20.09%. The business’s quarterly revenue was up 20.9% on a year-over-year basis. During the same period last year, the business earned $0.23 EPS. Analysts predict that Intel Corporation will post 1.04 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of analysts have recently issued reports on the stock. DA Davidson reduced their price target on shares of Intel from $100.00 to $70.00 and set a “neutral” rating for the company in a research report on Friday, October 30th. Tigress Financial boosted their price objective on shares of Intel from $118.00 to $145.00 and gave the company a “buy” rating in a research report on Tuesday, September 15th. Stifel Nicolaus set a $90.00 price objective on shares of Intel in a research note on Friday, October 30th. Susquehanna dropped their price objective on shares of Intel from $105.00 to $75.00 and set a “neutral” rating on the stock in a research note on Friday, October 30th. Finally, Piper Sandler began coverage on shares of Intel in a research report on Wednesday, September 9th. They issued a “neutral” rating and a $110.00 target price for the company. Two research analysts have rated the stock with a Strong Buy rating, nineteen have given a Buy rating, twenty-eight have given a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $97.42.

Insider Buying and Selling

In other news, CEO Lip Tan acquired 150,000 shares of the company’s stock in a transaction that occurred on Monday, November 2nd. The shares were purchased at an average price of $64.73 per share, for a total transaction of $9,709,500.00. Following the completion of the acquisition, the chief executive officer owned 1,464,669 shares of the company’s stock, valued at approximately $94,808,024.37. This represents a 11.41% increase in their position. The purchase was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Corporate insiders own 0.05% of the company’s stock.

More Intel News

Here are the key news stories impacting Intel this week:

• Positive Sentiment: Intel joined a broad recovery in semiconductor stocks as investors bought shares after Thursday’s steep AI-related selloff. The rebound lifted the Nasdaq, though worries about interest rates and AI spending persisted. Market and chip-stock rebound
• Positive Sentiment: CEO Lip-Bu Tan bought 150,000 shares for about $9.7 million, increasing his direct ownership by 11.4%. The insider purchase may signal confidence, although it does not resolve Intel’s operating challenges. Report on CEO share purchase
• Positive Sentiment: Intel technology is being used in Atsign’s EdgeAI platform, while a separate report highlighted Xeon processors for enterprise AI workloads. These developments support Intel’s effort to build AI-related demand beyond traditional PC chips. Intel EdgeAI and Xeon developments
• Negative Sentiment: The recovery follows pressure from Intel’s fourth-quarter revenue outlook of $15 billion to $16 billion and management’s warning that PC weakness could extend into 2027. A securities law firm has also announced an investigation into potential investor claims; this is an investigation notice, not a finding of wrongdoing. Investigation notice and outlook concerns
• Negative Sentiment: Analyst estimate reductions and ongoing concerns about losses in Intel Foundry add to doubts about earnings momentum and the execution of its turnaround. Analysis of Intel Foundry risks

Intel Profile