Harbour Wealth Management Group Inc. Makes New $2.14 Million Investment in Intel Corporation $INTC

Harbour Wealth Management Group Inc. purchased a new position in Intel Corporation (NASDAQ:INTC) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 58,075 shares of the chip maker’s stock, valued at approximately $2,143,000. Intel makes up 1.7% of Harbour Wealth Management Group Inc.’s investment portfolio, making the stock its 20th biggest holding.

A number of other large investors also recently modified their holdings of the business. Norges Bank bought a new position in Intel in the 4th quarter valued at about $2,233,159,000. Capital World Investors lifted its stake in shares of Intel by 32.5% in the 3rd quarter. Capital World Investors now owns 86,503,121 shares of the chip maker’s stock worth $2,902,180,000 after acquiring an additional 21,230,715 shares during the period. Capital Research Global Investors boosted its holdings in shares of Intel by 285.9% in the fourth quarter. Capital Research Global Investors now owns 26,619,928 shares of the chip maker’s stock valued at $982,279,000 after acquiring an additional 19,722,010 shares in the last quarter. Vanguard Group Inc. boosted its holdings in shares of Intel by 3.5% in the fourth quarter. Vanguard Group Inc. now owns 404,522,308 shares of the chip maker’s stock valued at $14,926,873,000 after acquiring an additional 13,692,624 shares in the last quarter. Finally, Morgan Stanley increased its stake 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 valued at $2,407,698,000 after acquiring an additional 11,056,090 shares during the period. 64.53% of the stock is owned by institutional investors and hedge funds.

Intel Stock Performance

Shares of NASDAQ INTC opened at $133.99 on Friday. The stock’s fifty day simple moving average is $101.08 and its 200 day simple moving average is $64.21. The stock has a market capitalization of $673.43 billion, a price-to-earnings ratio of -216.11 and a beta of 2.21. The company has a quick ratio of 1.85, a current ratio of 2.31 and a debt-to-equity ratio of 0.34. Intel Corporation has a 52-week low of $18.97 and a 52-week high of $135.48.

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

Analysts Set New Price Targets

Several equities research analysts recently commented on the company. Royal Bank Of Canada reissued a “neutral” rating and set a $80.00 target price on shares of Intel in a report on Monday, May 4th. HSBC raised Intel from a “hold” rating to a “buy” rating and raised their target price for the company from $50.00 to $95.00 in a research note on Tuesday, April 21st. Jefferies Financial Group initiated coverage on shares of Intel in a research report on Thursday, June 11th. They issued a “buy” rating on the stock. Stifel Nicolaus raised their price objective on shares of Intel from $65.00 to $75.00 and gave the company a “hold” rating in a research report on Friday, April 24th. Finally, Wolfe Research started coverage on shares of Intel in a research note on Thursday, June 11th. They issued a “peer perform” rating on the stock. One analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, twenty-seven have assigned a Hold rating and four have issued a Sell rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $87.09.

Insider Buying and Selling

In other Intel 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 value of $4,006,679.68. Following the completion of the transaction, the executive vice president directly owned 105,077 shares in the company, valued at $10,458,313.81. This trade represents a 27.70% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Corporate insiders own 0.05% of the company’s stock.

Key Headlines Impacting Intel

Here are the key news stories impacting Intel this week:

• Positive Sentiment: President Trump said Apple has agreed to work with Intel to design and manufacture chips in the U.S., which would be a major validation of Intel’s foundry strategy and a potential long-term revenue driver. Trump says Apple to work with Intel to manufacture chips in US
• Positive Sentiment: Intel also announced a leadership change at Intel Foundry, naming industry veteran Seok-Hee Lee to lead its advanced packaging push, signaling tighter execution in a key growth area. Intel taps industry veteran Seok-Hee Lee to lead foundry packaging push
• Positive Sentiment: Separately, Intel’s progress on its advanced 18A-P manufacturing node entering risk production continued to fuel turnaround optimism and support the stock’s momentum. INTC Stock Alert: Intel to Begin Production of Its Most Advanced Chip
• Neutral Sentiment: Broader semiconductor strength and a rebound in tech stocks also helped lift sentiment around Intel, alongside growing investor interest in AI infrastructure plays. Intel taps industry veteran Seok-Hee Lee to lead foundry packaging push
• Negative Sentiment: Despite the surge, some Wall Street coverage remains cautious, with commentary suggesting Intel’s valuation has run ahead of fundamentals and that execution risks still matter. Trump Just Sent Intel Stock Soaring. Here’s Why.

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.