Fullerton Fund Management Co Ltd. Purchases 491,462 Shares of Intel Corporation $INTC

Fullerton Fund Management Co Ltd. increased its position in shares of Intel Corporation (NASDAQ:INTC) by 124.3% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 886,758 shares of the chip maker’s stock after buying an additional 491,462 shares during the quarter. Intel makes up 1.4% of Fullerton Fund Management Co Ltd.’s investment portfolio, making the stock its 19th largest holding. Fullerton Fund Management Co Ltd.’s holdings in Intel were worth $32,721,000 at the end of the most recent quarter.

Other large investors have also modified their holdings of the company. Winch Advisory Services LLC lifted its holdings in shares of Intel by 28.3% during the fourth quarter. Winch Advisory Services LLC now owns 966 shares of the chip maker’s stock worth $36,000 after buying an additional 213 shares during the last quarter. ROI Financial Advisors LLC lifted its holdings in shares of Intel by 1.7% during the fourth quarter. ROI Financial Advisors LLC now owns 12,967 shares of the chip maker’s stock worth $478,000 after buying an additional 217 shares during the last quarter. Focus Financial Network Inc. lifted its holdings in shares of Intel by 2.1% during the fourth quarter. Focus Financial Network Inc. now owns 10,788 shares of the chip maker’s stock worth $398,000 after buying an additional 223 shares during the last quarter. Successful Portfolios LLC lifted its holdings in shares of Intel by 2.6% during the fourth quarter. Successful Portfolios LLC now owns 8,715 shares of the chip maker’s stock worth $322,000 after buying an additional 223 shares during the last quarter. Finally, Providence Wealth Advisors LLC lifted its holdings in shares of Intel by 1.7% during the fourth quarter. Providence Wealth Advisors LLC now owns 13,340 shares of the chip maker’s stock worth $527,000 after buying an additional 225 shares during the last quarter. 64.53% of the stock is owned by institutional investors.

Key Intel News

Here are the key news stories impacting Intel this week:

• Positive Sentiment: Intel said its advanced 18A-P manufacturing node has entered risk production, signaling progress toward attracting outside foundry customers and improving the company’s turnaround prospects. Intel takes a major step toward turning around a business that’s bleeding cash
• Positive Sentiment: Intel’s 18A-P update also highlighted better performance, lower power use, and improved thermal characteristics, which should strengthen its competitiveness in AI and server chips. Intel begins production of anticipated 18A-P chips, as AI continues to drive CPU demand
• Positive Sentiment: Broad investor optimism around Intel’s comeback, foundry potential, and AI-related CPU demand is helping the stock stay in focus after its strong recent rally. Next Stop For Intel Stock (NASDAQ:INTC): $5 Trillion?

Analysts Set New Price Targets

A number of research analysts have recently commented on the company. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and set a $100.00 price target on shares of Intel in a report on Tuesday, May 12th. JPMorgan Chase & Co. upped their price target on Intel from $35.00 to $45.00 and gave the stock an “underweight” rating in a report on Friday, April 24th. Susquehanna upped their price target on Intel from $65.00 to $80.00 and gave the stock a “neutral” rating in a report on Friday, April 24th. Truist Financial upped their price target on Intel from $49.00 to $81.00 and gave the stock a “hold” rating in a report on Friday, April 24th. Finally, Cantor Fitzgerald upped their price target on Intel from $65.00 to $90.00 and gave the stock a “neutral” rating in a report on Friday, April 24th. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, twenty-seven have given a Hold rating and four have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, Intel presently has a consensus rating of “Hold” and a consensus price target of $85.98.

Insider Activity at Intel

In other news, EVP Boise April Miller sold 40,256 shares of the firm’s stock in a transaction dated Friday, May 1st. The shares were sold at an average price of $99.53, for a total transaction of $4,006,679.68. Following the completion of the transaction, the executive vice president directly owned 105,077 shares of the company’s stock, valued at approximately $10,458,313.81. This trade represents a 27.70% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 0.05% of the company’s stock.

Intel Price Performance

NASDAQ:INTC opened at $117.05 on Wednesday. The company has a 50-day moving average of $98.06 and a 200-day moving average of $62.96. The company has a market capitalization of $588.29 billion, a price-to-earnings ratio of -188.79 and a beta of 2.21. Intel Corporation has a 52 week low of $18.97 and a 52 week high of $132.75. The company has a debt-to-equity ratio of 0.34, a quick ratio of 1.85 and a current ratio of 2.31.

Intel (NASDAQ:INTC) last released its quarterly earnings data on Thursday, April 23rd. The chip maker reported $0.29 EPS for the quarter, topping analysts’ consensus estimates of $0.01 by $0.28. The company had revenue of $13.58 billion during the quarter, compared to the consensus estimate of $12.32 billion. Intel had a negative net margin of 5.90% and a positive return on equity of 0.39%. The firm’s revenue for the quarter was up 7.4% compared to the same quarter last year. During the same period last year, the firm earned $0.13 EPS. Intel has set its Q2 2026 guidance at 0.200-0.200 EPS. As a group, equities research analysts anticipate that Intel Corporation will post 0.63 earnings per share for the current fiscal year.

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.