Intel Corporation $INTC Holdings Trimmed by SteelPeak Wealth LLC

SteelPeak Wealth LLC reduced its stake in shares of Intel Corporation (NASDAQ:INTC) by 9.7% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 523,665 shares of the chip maker’s stock after selling 56,393 shares during the quarter. Intel makes up about 1.5% of SteelPeak Wealth LLC’s holdings, making the stock its 13th biggest holding. SteelPeak Wealth LLC’s holdings in Intel were worth $62,960,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also added to or reduced their stakes in the company. ABS Investment Management LLC purchased a new stake in shares of Intel in the 2nd quarter worth about $694,101,000. Montgomery Financial Services LLC bought a new stake in shares of Intel during the 2nd quarter valued at about $26,000. Knuff & Co LLC purchased a new position in shares of Intel during the second quarter valued at about $29,000. Glynn Capital Management LLC purchased a new position in shares of Intel during the second quarter valued at about $29,000. Finally, Beaird Harris Wealth Management LLC increased its position in shares of Intel by 3,185.7% during the second quarter. Beaird Harris Wealth Management LLC now owns 230 shares of the chip maker’s stock valued at $32,000 after buying an additional 223 shares during the period. 64.53% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of equities analysts recently issued reports on the stock. Piper Sandler initiated coverage on shares of Intel in a research note on Wednesday, September 9th. They issued a “neutral” rating and a $110.00 price target for the company. Seaport Research Partners restated a “buy” rating and issued a $125.00 price objective on shares of Intel in a report on Friday, July 24th. TD Cowen reaffirmed a “hold” rating and set a $115.00 price objective on shares of Intel in a research report on Thursday, September 24th. Weiss Ratings raised Intel from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Friday, October 9th. Finally, Zacks Research downgraded Intel from a “strong-buy” rating to a “hold” rating in a report on Friday, July 31st. One research analyst has rated the stock with a Strong Buy rating, twenty have given a Buy rating, twenty-seven have issued a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $109.06.

Intel Stock Performance

Shares of Intel stock opened at $89.85 on Friday. The company has a current ratio of 1.60, a quick ratio of 1.25 and a debt-to-equity ratio of 0.47. The firm has a market capitalization of $453.20 billion, a P/E ratio of -42.58, a P/E/G ratio of 9.57 and a beta of 2.22. The business has a fifty day simple moving average of $103.05 and a two-hundred day simple moving average of $101.31. Intel Corporation has a 12 month low of $32.89 and a 12 month high of $142.35.

Intel (NASDAQ:INTC) last announced its earnings results on Thursday, July 23rd. The chip maker reported $0.42 EPS for the quarter, beating analysts’ consensus estimates of $0.21 by $0.21. The firm had revenue of $16.13 billion for the quarter, compared to analysts’ expectations of $14.43 billion. Intel had a negative net margin of 19.79% and a positive return on equity of 2.62%. The company’s quarterly revenue was up 25.2% on a year-over-year basis. During the same quarter in the previous year, the business posted ($0.10) EPS. Intel has set its Q3 2026 guidance at 0.380-0.380 EPS. On average, equities analysts forecast that Intel Corporation will post 1.04 earnings per share for the current fiscal year.

Insider Activity

In other Intel news, CEO Lip Bu Tan purchased 105,263 shares of the stock in a transaction that occurred on Tuesday, August 11th. The stock was bought at an average cost of $95.00 per share, with a total value of $9,999,985.00. Following the transaction, the chief executive officer directly owned 1,314,669 shares in the company, valued at approximately $124,893,555. The trade was a 8.70% increase in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. 0.05% of the stock is currently owned by insiders.

Key Stories Impacting Intel

Here are the key news stories impacting Intel this week:

• Positive Sentiment: Intel’s history of exceeding earnings estimates and favorable revenue and earnings trends are prompting analysts to argue that the company could deliver another quarterly beat. Will Intel Beat Estimates Again in Its Next Earnings Report?
• Positive Sentiment: Consumer research from LikeFolio indicates improving sentiment toward Intel, suggesting demand for its products remains resilient even as Nvidia introduces competing laptops. Consumer Sentiment Surge Follows Stock Trends
• Positive Sentiment: One prominent analyst sees substantial upside if Intel successfully executes its foundry strategy and wins advanced AI-chip manufacturing business, although that thesis depends on an unproven turnaround. Analyst Says Intel Could Double
• Neutral Sentiment: The administration’s new review of AI risks could lead to future regulation of AI systems and data centers. The report is not an Intel-specific development, but could affect demand for AI infrastructure over time. Trump Task Force Orders Report on AI Dangers
• Negative Sentiment: A broad rotation out of AI and semiconductor stocks is pressuring Intel, AMD and other chipmakers as investors question AI infrastructure valuations, financing conditions and the durability of spending. Rotation Out of AI Chip Stocks Continues
• Negative Sentiment: Investors are also weighing competitive and operational risks: TSMC suggested it could support customers if Intel’s advanced-packaging ramp falls short, while an explosion and fire at Intel’s Kiryat Gat facility in Israel added company-specific uncertainty. Reports of progress by Chinese rival CXMT further intensified concerns about Intel’s competitive position. TSMC Comments on Intel Packaging Ramp

Intel Company Profile

Intel Corporation (NASDAQ:INTC) is a global semiconductor company that designs and manufactures computing and connectivity products. Its portfolio includes Intel Core processors for personal computers, Xeon processors for data centers and enterprise systems, and products for networking, edge computing, graphics, and artificial intelligence workloads.

Through Intel Foundry, the company also provides semiconductor manufacturing and technology-development services for external customers. Intel develops process technologies, advanced packaging, and other manufacturing capabilities intended to support its own products and third-party chip designs.

Founded in 1968 by Robert Noyce and Gordon Moore, Intel helped establish the modern microprocessor industry and has historically supplied processors for PCs, servers, and other computing systems.