TD Asset Management Inc Trims Holdings in Intel Corporation $INTC

TD Asset Management Inc decreased its position in shares of Intel Corporation (NASDAQ:INTC) by 6.8% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 3,408,833 shares of the chip maker’s stock after selling 249,873 shares during the period. TD Asset Management Inc owned 0.07% of Intel worth $475,975,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of INTC. Beaird Harris Wealth Management LLC increased its stake in shares of Intel by 3,185.7% in the second quarter. Beaird Harris Wealth Management LLC now owns 230 shares of the chip maker’s stock worth $32,000 after purchasing an additional 223 shares in the last quarter. Carolina Wealth Advisors LLC lifted its stake in shares of Intel by 167.0% during the 2nd quarter. Carolina Wealth Advisors LLC now owns 267 shares of the chip maker’s stock valued at $37,000 after buying an additional 167 shares in the last quarter. Ramsey Quantitative Systems purchased a new position in shares of Intel during the 2nd quarter valued at $50,000. Allied Private Wealth LLC bought a new position in Intel in the 2nd quarter worth $68,000. Finally, RHL Group LLC bought a new position in Intel in the 2nd quarter worth $70,000. 64.53% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of equities research analysts have commented on INTC shares. Wall Street Zen cut Intel from a “buy” rating to a “hold” rating in a report on Saturday, August 8th. Piper Sandler initiated coverage on Intel in a research note on Thursday, June 11th. They issued a “neutral” rating for the company. Bank of America cut their target price on Intel from $160.00 to $145.00 and set a “buy” rating for the company in a research report on Wednesday, August 12th. Benchmark lifted their target price on Intel from $105.00 to $140.00 and gave the company a “buy” rating in a research note on Monday, May 18th. Finally, Morgan Stanley boosted their price target on Intel from $75.00 to $84.00 and gave the stock an “equal weight” rating in a report on Friday, July 24th. One research analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, thirty-one have assigned a Hold rating and three have assigned a Sell rating to the company. According to MarketBeat.com, Intel currently has an average rating of “Hold” and an average price target of $107.46.

Insider Activity at Intel

In other news, CEO Lip Bu Tan purchased 105,263 shares of the company’s 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 completion of the purchase, the chief executive officer owned 1,314,669 shares in the company, valued at approximately $124,893,555. This represents a 8.70% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available 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: Institutional buying provides support: Tiger Global reportedly increased its Intel position during the second quarter, adding to recent bullish interest in the company’s AI, data-center, and foundry businesses. Tiger Global Added to Its Position in Intel in Q2
• Positive Sentiment: CEO purchase signals confidence: Intel CEO Lip-Bu Tan reportedly bought another 105,000 shares, a potentially favorable signal regarding management’s view of the company’s turnaround and long-term prospects. CEO Lip-Bu Tan Just Bought Another 105,000 Shares of Intel Stock
• Positive Sentiment: Operating momentum remains a potential catalyst: Intel’s latest reported quarter exceeded consensus EPS and revenue estimates, with revenue up 25.2% year over year. Coverage also points to a growing role for Intel in AI hardware and data-center demand.
• Neutral Sentiment: Government investment remains under scrutiny: Intel’s shares slipped as Commerce Secretary Howard Lutnick defended the U.S. government’s purchase of roughly 10% of the company. The investment could improve strategic and financial support, but its unusual structure has prompted investor uncertainty. Intel Stock Slips as Howard Lutnick Defends Intel Deal
• Negative Sentiment: Potential dilution weighs on sentiment: Reports that Intel is pursuing a stock offering of approximately $15 billion raise concerns about shareholder dilution, even if the proceeds are intended to fund expansion and capitalize on AI demand. Intel Embarks on $15 Billion Stock Offering
• Negative Sentiment: High-profile selling reinforces profit-taking concerns: Stanley Druckenmiller’s Duquesne Family Office reportedly exited its Intel position in the second quarter, selling about 411,400 shares while reallocating capital to other AI and robotics opportunities. Druckenmiller Dumped Micron, Intel and Broadcom
• Negative Sentiment: Analyst caution and valuation risk persist: Intel carries an average analyst rating of “Hold,” while some coverage argues that Nvidia and AMD offer better risk-adjusted upside. Investors remain concerned that Intel’s recent rally has priced in much of the turnaround before sustained profitability is established.

Intel Stock Down 2.2%

Shares of INTC stock opened at $90.07 on Friday. The stock has a market cap of $454.31 billion, a P/E ratio of -42.69 and a beta of 2.22. Intel Corporation has a 52 week low of $23.65 and a 52 week high of $142.35. The company has a quick ratio of 1.25, a current ratio of 1.60 and a debt-to-equity ratio of 0.47. The company’s fifty day simple moving average is $108.43 and its two-hundred day simple moving average is $85.00.

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

About Intel

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.