Rockefeller Capital Management L.P. Decreases Stake in Intel Corporation $INTC

Rockefeller Capital Management L.P. reduced its position in Intel Corporation (NASDAQ:INTC) by 15.7% during the fourth quarter, HoldingsChannel reports. The fund owned 464,113 shares of the chip maker’s stock after selling 86,649 shares during the quarter. Rockefeller Capital Management L.P.’s holdings in Intel were worth $17,126,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Sivia Capital Partners LLC lifted its position in shares of Intel by 271.7% during the second quarter. Sivia Capital Partners LLC now owns 34,201 shares of the chip maker’s stock worth $766,000 after acquiring an additional 25,001 shares in the last quarter. United Bank purchased a new position in shares of Intel in the second quarter valued at $205,000. Gamco Investors INC. ET AL grew its position in shares of Intel by 12.3% in the second quarter. Gamco Investors INC. ET AL now owns 13,737 shares of the chip maker’s stock valued at $308,000 after purchasing an additional 1,508 shares in the last quarter. NewEdge Advisors LLC raised its stake in shares of Intel by 29.6% during the 2nd quarter. NewEdge Advisors LLC now owns 158,277 shares of the chip maker’s stock valued at $3,545,000 after purchasing an additional 36,116 shares during the period. Finally, Sei Investments Co. raised its stake in shares of Intel by 9.9% during the 2nd quarter. Sei Investments Co. now owns 828,352 shares of the chip maker’s stock valued at $18,556,000 after purchasing an additional 74,838 shares during the period. Institutional investors own 64.53% of the company’s stock.

Key Stories Impacting Intel

Here are the key news stories impacting Intel this week:

• Positive Sentiment: Bank of America raised its price target on Intel to $160 from $135 and kept a Buy rating, citing stronger fundamentals and AI-driven demand. Intel price target raised by Bank of America
• Positive Sentiment: MarketBeat reported that Intel is packaging the future of American chips, emphasizing its expanded role in advanced packaging, government backing, and the 18A-P node entering risk production. Intel packaging the future of American chips
• Positive Sentiment: Multiple articles pointed to a possible Intel-Apple chip partnership and NVIDIA’s strategic investment in Intel as validation of Intel’s foundry turnaround story. Intel and Apple chip partnership article
• Positive Sentiment: Supermicro announced Intel-powered platforms for AI-at-the-edge deployments, reinforcing Intel’s relevance in AI infrastructure hardware. Supermicro Intel-powered AI platforms

Wall Street Analyst Weigh In

INTC has been the subject of several analyst reports. Cantor Fitzgerald raised their target price on Intel from $65.00 to $90.00 and gave the stock a “neutral” rating in a research note on Friday, April 24th. New Street Research started coverage on Intel in a research report on Thursday, June 11th. They set a “buy” rating on the stock. Wells Fargo & Company increased their price target on shares of Intel from $85.00 to $110.00 and gave the stock an “equal weight” rating in a report on Monday, June 1st. Citigroup upgraded shares of Intel from a “buy” rating to a “buy” rating in a research report on Thursday, June 11th. Finally, Jefferies Financial Group started coverage on shares of Intel in a research note on Thursday, June 11th. They set a “buy” rating for the company. One investment 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 issued a Sell rating to the company. Based on data from MarketBeat, Intel presently has a consensus rating of “Hold” and a consensus target price of $87.98.

Insiders Place Their Bets

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 transaction 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 sale was disclosed in a document filed with the SEC, which is available through this hyperlink. 0.05% of the stock is owned by corporate insiders.

Intel Price Performance

Shares of NASDAQ INTC opened at $132.28 on Wednesday. The stock’s 50-day simple moving average is $105.57 and its two-hundred day simple moving average is $66.18. Intel Corporation has a twelve month low of $18.97 and a twelve month high of $141.45. The firm has a market capitalization of $664.84 billion, a P/E ratio of -213.35 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 (NASDAQ:INTC) last issued its quarterly earnings results on Thursday, April 23rd. The chip maker reported $0.29 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 firm had revenue of $13.58 billion during the quarter, compared to the consensus estimate of $12.32 billion. During the same quarter last year, the company posted $0.13 EPS. The company’s revenue for the quarter was up 7.4% on a year-over-year basis. Intel has set its Q2 2026 guidance at 0.200-0.200 EPS. As a group, equities analysts anticipate that Intel Corporation will post 0.63 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.