Northcape Wealth Management LLC Makes New $3.53 Million Investment in Intel Corporation $INTC

Northcape Wealth Management LLC bought a new position in shares of Intel Corporation (NASDAQ:INTC) during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor bought 25,286 shares of the chip maker’s stock, valued at approximately $3,531,000.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Knuff & Co LLC acquired a new position in Intel during the 2nd quarter worth $29,000. Glynn Capital Management LLC acquired a new position in shares of Intel during the second quarter valued at $29,000. Beaird Harris Wealth Management LLC boosted its holdings in Intel by 3,185.7% in the second quarter. Beaird Harris Wealth Management LLC now owns 230 shares of the chip maker’s stock valued at $32,000 after acquiring an additional 223 shares during the last quarter. Carolina Wealth Advisors LLC increased its position in Intel by 167.0% in the second quarter. Carolina Wealth Advisors LLC now owns 267 shares of the chip maker’s stock worth $37,000 after purchasing an additional 167 shares during the period. Finally, Ramsey Quantitative Systems acquired a new stake in Intel in the second quarter worth about $50,000. Institutional investors and hedge funds own 64.53% of the company’s stock.

Intel Stock Performance

INTC opened at $89.47 on Friday. The company has a market capitalization of $451.29 billion, a price-to-earnings ratio of -42.40 and a beta of 2.22. The business’s 50-day moving average price is $104.64 and its two-hundred day moving average price is $86.39. Intel Corporation has a 1 year low of $23.68 and a 1 year high of $142.35. The company has a debt-to-equity ratio of 0.47, a current ratio of 1.60 and a quick ratio of 1.25.

Intel (NASDAQ:INTC) last posted its quarterly earnings data on Thursday, July 23rd. The chip maker reported $0.42 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.21 by $0.21. Intel had a positive return on equity of 2.62% and a negative net margin of 19.79%.The business had revenue of $16.13 billion during the quarter, compared to the consensus estimate of $14.43 billion. During the same period last year, the company earned ($0.10) earnings per share. Intel’s quarterly revenue was up 25.2% on a year-over-year basis. Intel has set its Q3 2026 guidance at 0.380-0.380 EPS. Equities analysts expect that Intel Corporation will post 1 EPS for the current fiscal year.

Key Intel News

Here are the key news stories impacting Intel this week:

• Positive Sentiment: Chief Executive Officer Lip-Bu Tan reportedly purchased approximately $10 million of Intel stock at $95 per share earlier this month. The shares now trade below that level, making the purchase a potential signal of management’s confidence in Intel’s turnaround. Intel CEO insider purchase article
• Positive Sentiment: Fundstrat ETFs added Intel to a quarterly rebalance, which could provide incremental institutional demand and reflects improving sentiment toward the chipmaker. Fundstrat ETF rebalance article
• Positive Sentiment: Intel has gained attention from investors following reports of a new Advantech connection and its potential role in AI infrastructure. Strong Nvidia results also reinforced expectations that demand for data-center and AI-related hardware remains robust. Intel Advantech connection article
• Neutral Sentiment: Reports that investor Nancy Pelosi bought Intel shares and call options may support retail and political-investor interest, but the trade does not change Intel’s operating outlook. Nancy Pelosi Intel investment article
• Negative Sentiment: Intel’s manufacturing operations reportedly continue to lose money on wafers, much of which are sold internally. The stock’s elevated valuation appears to assume that the foundry business eventually becomes profitable, leaving substantial execution risk if losses persist. Intel manufacturing losses article
• Negative Sentiment: Intel is also being pressured by broad semiconductor profit-taking after Nvidia’s earnings-fueled rally. Raymond James reportedly prefers AMD over Intel among the two AI-exposed CPU companies, highlighting competitive concerns and uncertainty over Intel’s ability to convert AI demand into durable growth. Semiconductor profit-taking article

Wall Street Analysts Forecast Growth

INTC has been the topic of a number of research reports. Northland Securities downgraded shares of Intel from an “outperform” rating to a “market perform” rating in a research report on Tuesday, May 26th. Deutsche Bank Aktiengesellschaft restated a “hold” rating and set a $100.00 target price on shares of Intel in a research report on Tuesday, May 12th. Bank of America reduced their price objective on shares of Intel from $160.00 to $145.00 and set a “buy” rating on the stock in a research note on Wednesday, August 12th. Susquehanna upped their target price on shares of Intel from $80.00 to $115.00 and gave the company a “neutral” rating in a research note on Thursday, July 16th. Finally, Wolfe Research initiated coverage on shares of Intel in a report on Thursday, June 11th. They issued a “peer perform” rating on the stock. One investment analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, thirty-one have given a Hold rating and three have given a Sell rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $107.46.

Insider Activity at Intel

In related news, CEO Lip Bu Tan acquired 105,263 shares of the firm’s stock in a transaction dated Tuesday, August 11th. The stock was bought at an average price of $95.00 per share, for a total transaction of $9,999,985.00. Following the acquisition, the chief executive officer directly owned 1,314,669 shares of the company’s stock, valued at approximately $124,893,555. The trade was a 8.70% increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 0.05% of the stock is currently owned by corporate insiders.

Intel 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.