Fifth Third Bancorp Purchases 808,523 Shares of Intel Corporation $INTC

Fifth Third Bancorp grew its holdings in shares of Intel Corporation (NASDAQ:INTC) by 155.5% in the first quarter, HoldingsChannel.com reports. The fund owned 1,328,488 shares of the chip maker’s stock after acquiring an additional 808,523 shares during the quarter. Fifth Third Bancorp’s holdings in Intel were worth $58,626,000 at the end of the most recent quarter.

Other hedge funds have also recently made changes to their positions in the company. Financially Speaking Inc boosted its position in shares of Intel by 69.2% during the 4th quarter. Financially Speaking Inc now owns 682 shares of the chip maker’s stock valued at $25,000 after purchasing an additional 279 shares in the last quarter. Financial Life Planners acquired a new stake in Intel during the first quarter worth approximately $25,000. Legacy Bridge LLC bought a new stake in Intel in the fourth quarter worth approximately $26,000. Raleigh Capital Management Inc. bought a new stake in Intel in the fourth quarter worth approximately $29,000. Finally, Swiss RE Ltd. acquired a new position in Intel in the fourth quarter valued at approximately $29,000. 64.53% of the stock is owned by institutional investors.

Intel Stock Performance

NASDAQ INTC opened at $109.84 on Monday. 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 $142.35. The business has a 50 day moving average price of $118.67 and a 200-day moving average price of $73.89. The company has a market cap of $552.06 billion, a price-to-earnings ratio of -177.16 and a beta of 2.18.

Intel (NASDAQ:INTC) last issued its earnings results on Thursday, April 23rd. The chip maker reported $0.29 earnings per share (EPS) for the quarter, topping 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 company had revenue of $13.58 billion for the quarter, compared to analysts’ expectations of $12.32 billion. During the same period last year, the business earned $0.13 EPS. Intel’s quarterly 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, equities analysts expect that Intel Corporation will post 0.64 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other Intel news, EVP Boise April Miller sold 40,256 shares of the firm’s stock in a transaction 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 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 ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 0.05% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts have issued reports on INTC shares. Truist Financial increased 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. Benchmark lifted their price objective 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. Jefferies Financial Group initiated coverage on shares of Intel in a research report on Thursday, June 11th. They set a “buy” rating on the stock. KeyCorp increased their target price on shares of Intel from $70.00 to $110.00 and gave the stock an “overweight” rating in a research note on Friday, April 24th. Finally, Freedom Capital upgraded shares of Intel from a “hold” rating to a “strong-buy” rating in a report on Tuesday, April 28th. Two investment analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating, twenty-eight have given a Hold rating and four have issued a Sell rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $97.88.

Key Headlines Impacting Intel

Here are the key news stories impacting Intel this week:

• Positive Sentiment: Stifel raised its price target on Intel to $120 from $75, signaling continued confidence in the company’s recovery trajectory. Benzinga report on Stifel target hike
• Positive Sentiment: Intel’s operating margins are improving, with recent commentary noting non-GAAP operating income of $1.7 billion and margin expansion to 12.3% in Q1 2026, supporting the turnaround story. Zacks article on improving margins
• Positive Sentiment: Articles pointed to Intel’s turnaround gaining credibility, citing revenue beats, growth in data center and AI sales, and progress at its 18A manufacturing node. 247WallSt turnaround article
• Neutral Sentiment: HSBC remained constructive on Intel but the stock still fell despite that support, suggesting investors are focusing more on valuation and sector rotation than on bullish commentary alone. TipRanks/HSBC mention
• Neutral Sentiment: Intel’s upcoming Q2 earnings on July 23 remain a key catalyst, with investors looking for confirmation that recent operational improvements are sustainable. TipRanks Wells Fargo earnings preview
• Negative Sentiment: Several reports said Intel was hit by a broad semiconductor selloff and profit-taking, which pressured the stock alongside peers like AMD and Micron. Yahoo Finance article on Intel shares down today
• Negative Sentiment: Bearish analyst and short-seller commentary also weighed on sentiment, including JPMorgan naming Intel a high-conviction short idea and other notes warning the stock may be expensive after its big rally. Benzinga JPMorgan short idea article

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.