Intel Corporation $INTC Shares Purchased by Bank of New York Mellon Corp

Bank of New York Mellon Corp raised its position in shares of Intel Corporation (NASDAQ:INTC) by 0.5% in the fourth quarter, HoldingsChannel.com reports. The firm owned 30,588,875 shares of the chip maker’s stock after buying an additional 164,093 shares during the period. Bank of New York Mellon Corp’s holdings in Intel were worth $1,128,729,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in the business. Legacy Bridge LLC bought a new stake in shares of Intel during the 4th quarter worth $26,000. Raleigh Capital Management Inc. acquired a new stake in Intel during the 4th quarter worth about $29,000. Provenance Wealth Advisors LLC lifted its stake in Intel by 89.2% during the third quarter. Provenance Wealth Advisors LLC now owns 946 shares of the chip maker’s stock valued at $32,000 after buying an additional 446 shares in the last quarter. Strengthening Families & Communities LLC acquired a new position in shares of Intel in the third quarter worth about $33,000. Finally, HighMark Wealth Management LLC boosted its holdings in shares of Intel by 177.7% in the fourth quarter. HighMark Wealth Management LLC now owns 886 shares of the chip maker’s stock worth $33,000 after buying an additional 567 shares during the period. 64.53% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

A number of equities research analysts have recently issued reports on INTC shares. Wall Street Zen lowered shares of Intel from a “buy” rating to a “hold” rating in a report on Saturday. JPMorgan Chase & Co. lifted their price objective on shares of Intel from $35.00 to $45.00 and gave the stock an “underweight” rating in a research report on Friday, April 24th. Benchmark boosted their target price on shares of Intel from $105.00 to $140.00 and gave the company a “buy” rating in a research note on Monday, May 18th. KeyCorp raised their target price on Intel from $70.00 to $110.00 and gave the stock an “overweight” rating in a research report on Friday, April 24th. Finally, Scotiabank began coverage on Intel in a report on Tuesday, April 21st. They set a “sector perform” rating on the stock. One investment analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating, twenty-six have issued a Hold rating and four have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $83.35.

Insider Transactions at Intel

In other Intel news, EVP Boise April Miller sold 40,256 shares of Intel stock in a transaction that occurred on Friday, May 1st. The shares were sold at an average price of $99.53, for a total value of $4,006,679.68. Following the completion of the sale, the executive vice president directly owned 105,077 shares in the company, valued at $10,458,313.81. The trade was a 27.70% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 0.05% of the stock is owned by company insiders.

Trending Headlines about Intel

Here are the key news stories impacting Intel this week:

• Positive Sentiment: Intel used Computex to announce new AI infrastructure products, including Xeon 6+, rack-scale systems, and the Crescent Island GPU, signaling an effort to regain momentum in data center and AI chips.
• Positive Sentiment: Intel’s partnerships and product demos, including work with Perplexity AI and Phison, support the narrative that the company can participate in the AI PC and edge-AI buildout. Article Title
• Neutral Sentiment: Several market commentary pieces focused on Intel’s huge stock run-up over the past year and how valuation questions are resurfacing after the recent rally.
• Negative Sentiment: Nvidia’s RTX Spark launch is seen as a direct assault on Intel’s Windows PC processor franchise, raising fears of share loss in a major end market.
• Negative Sentiment: Some traders appear to be taking profits after Intel’s sharp rally, with investors also questioning near-term earnings power while foundry spending remains heavy.

Intel Stock Performance

Shares of NASDAQ INTC opened at $107.93 on Wednesday. The company has a debt-to-equity ratio of 0.34, a current ratio of 2.31 and a quick ratio of 1.85. Intel Corporation has a one year low of $18.97 and a one year high of $132.75. The business’s 50-day moving average price is $83.20 and its two-hundred day moving average price is $56.95. The company has a market capitalization of $542.46 billion, a P/E ratio of -174.08 and a beta of 2.21.

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

Intel Company 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.