Strs Ohio Trims Holdings in Intel Corporation $INTC

Strs Ohio decreased its position in shares of Intel Corporation (NASDAQ:INTC) by 13.2% in the first quarter, HoldingsChannel reports. The firm owned 1,566,651 shares of the chip maker’s stock after selling 237,280 shares during the quarter. Strs Ohio’s holdings in Intel were worth $69,136,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also recently bought and sold shares of the company. Vanguard Group Inc. raised its position in Intel by 3.5% during the 4th quarter. Vanguard Group Inc. now owns 404,522,308 shares of the chip maker’s stock worth $14,926,873,000 after buying an additional 13,692,624 shares during the last quarter. State Street Corp boosted its holdings in shares of Intel by 2.8% in the 4th quarter. State Street Corp now owns 208,536,784 shares of the chip maker’s stock valued at $7,695,007,000 after acquiring an additional 5,714,400 shares during the last quarter. Capital World Investors boosted its holdings in shares of Intel by 20.3% in the 4th quarter. Capital World Investors now owns 104,060,268 shares of the chip maker’s stock valued at $3,839,833,000 after acquiring an additional 17,557,147 shares during the last quarter. Geode Capital Management LLC increased its stake in shares of Intel by 3.2% in the fourth quarter. Geode Capital Management LLC now owns 101,931,512 shares of the chip maker’s stock worth $3,744,406,000 after acquiring an additional 3,124,798 shares during the period. Finally, Morgan Stanley raised its holdings in shares of Intel by 20.4% during the fourth quarter. Morgan Stanley now owns 65,249,269 shares of the chip maker’s stock worth $2,407,698,000 after purchasing an additional 11,056,090 shares during the last quarter. Hedge funds and other institutional investors own 64.53% of the company’s stock.

Intel Stock Down 5.3%

INTC opened at $120.35 on Friday. Intel Corporation has a fifty-two week low of $18.97 and a fifty-two week high of $142.35. 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 company has a fifty day moving average of $114.53 and a two-hundred day moving average of $70.62. The stock has a market capitalization of $604.88 billion, a price-to-earnings ratio of -194.11 and a beta of 2.18.

Intel (NASDAQ:INTC) last posted its earnings results on Thursday, April 23rd. The chip maker reported $0.29 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.01 by $0.28. Intel had a negative net margin of 5.90% and a positive return on equity of 0.39%. The business had revenue of $13.58 billion for the quarter, compared to analyst estimates of $12.32 billion. During the same period in the prior year, the company posted $0.13 EPS. The company’s revenue for the quarter was up 7.4% on a year-over-year basis. Intel has set its Q2 2026 guidance at 0.200-0.200 EPS. On average, research analysts expect that Intel Corporation will post 0.63 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of research analysts recently issued reports on the stock. JPMorgan Chase & Co. boosted their target price on shares of Intel from $35.00 to $45.00 and gave the company an “underweight” rating in a research report on Friday, April 24th. Evercore set a $95.00 price objective on Intel in a research note on Friday, April 24th. Oppenheimer began coverage on Intel in a report on Thursday, June 11th. They issued an “outperform” rating for the company. Morgan Stanley downgraded Intel from an “overweight” rating to an “underweight” rating in a research note on Thursday, June 11th. Finally, KeyCorp raised their target price on Intel from $70.00 to $110.00 and gave the stock an “overweight” rating in a report on Friday, April 24th. Two investment analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, twenty-eight have issued a Hold rating and four have given a Sell rating to the company. According to MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $96.69.

Intel News Summary

Here are the key news stories impacting Intel this week:

• Positive Sentiment: Wall Street remains constructive on Intel’s turnaround story, with HSBC reportedly raising its price target to $200 and highlighting upside from Intel’s server and foundry businesses. Article Title
• Positive Sentiment: Intel continues to get credit for AI PC, networking and foundry progress, and some market commentators still view the stock as a long-term chip winner despite the recent reset. Article Title
• Neutral Sentiment: Intel named Joanna Lohkamp, CEO of Smart Wires and a former Intel executive, to Terra Innovatum’s board; the mention underscores her broader leadership background but has no direct impact on Intel’s operations. Article Title
• Negative Sentiment: Intel was caught in a sector-wide selloff as chip stocks pulled back after an outsized run, with investors rotating out of high-flying AI and semiconductor names. Article Title
• Negative Sentiment: Broader caution around valuation and “bubble risk” in semis also pressured Intel, as reports said traders were locking in gains after the stock’s rapid rise this year. Article Title

Insiders Place Their Bets

In other Intel news, EVP Boise April Miller sold 40,256 shares of the stock in a transaction that occurred on Friday, May 1st. The stock was sold at an average price of $99.53, for a total transaction of $4,006,679.68. Following the transaction, the executive vice president owned 105,077 shares in the company, valued at approximately $10,458,313.81. This represents a 27.70% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Insiders own 0.05% of the company’s stock.

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.