Public Employees Retirement System of Ohio Lowers Holdings in Intel Corporation $INTC

Public Employees Retirement System of Ohio trimmed its holdings in Intel Corporation (NASDAQ:INTC) by 5.5% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 1,683,909 shares of the chip maker’s stock after selling 97,444 shares during the quarter. Intel makes up approximately 0.7% of Public Employees Retirement System of Ohio’s holdings, making the stock its 22nd biggest position. Public Employees Retirement System of Ohio’s holdings in Intel were worth $235,124,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Financially Speaking Inc boosted its position in shares of Intel by 69.2% during the fourth quarter. Financially Speaking Inc now owns 682 shares of the chip maker’s stock worth $25,000 after acquiring an additional 279 shares during the last quarter. Financial Life Planners purchased a new position in Intel during the first quarter valued at $25,000. Glynn Capital Management LLC bought a new stake in Intel in the 2nd quarter valued at $29,000. Knuff & Co LLC bought a new stake in Intel in the 2nd quarter valued at $29,000. Finally, Swiss RE Ltd. purchased a new stake in Intel in the 4th quarter worth $29,000. 64.53% of the stock is owned by hedge funds and other institutional investors.

Key Stories Impacting Intel

Here are the key news stories impacting Intel this week:

• Positive Sentiment: A reported leak suggesting Intel could launch its Nova Lake client processor lineup as early as 2027 provided a potential catalyst. Earlier availability could strengthen Intel’s product roadmap and support a recovery in its PC and data-center businesses. Intel Stock Gains as Nova Lake Launch Schedule Leaks
• Positive Sentiment: Coverage highlighted Nvidia’s roughly $5 billion investment in Intel, including its purchase of more than 214 million shares at $23.28 each, and the companies’ product collaboration. The large paper gain on Nvidia’s stake reinforces market confidence in Intel’s strategic importance and AI potential, although it does not directly generate new revenue for Intel. Nvidia’s Intel Investment and Partnership
• Positive Sentiment: Intel’s expanded partnership with Kasm Technologies will run private large language models on Xeon 6 processors with Advanced Matrix Extensions, targeting regulated customers that require local and compliant AI. The deal supports Intel’s strategy of positioning Xeon as infrastructure for enterprise AI workloads. Intel Kasm AI Partnership
• Neutral Sentiment: Intel recently reported stronger-than-expected quarterly revenue and earnings, with revenue up 25% year over year, while management expects 2026 capital expenditures to exceed $20 billion and spending to rise significantly in 2027. The investment could support future manufacturing and AI growth, but it increases execution and cash-flow demands. Intel’s Five-Year Outlook
• Neutral Sentiment: A separate report said Intel’s 14A manufacturing process is beginning to demonstrate its strategic value, offering a potential long-term foundry catalyst. However, meaningful financial benefits depend on customer commitments and successful execution.
• Negative Sentiment: Mizuho analyst Vijay Rakesh cut his Intel price target to $92 from $109 while retaining a Hold rating, arguing that AI strength may not offset near-term business strain. The revised target leaves limited upside based on the referenced trading level. Mizuho Cuts Intel Price Target
• Negative Sentiment: Intel traded lower in premarket alongside Micron, SanDisk and AMD as semiconductor stocks faced broader sector pressure. Commentary also emphasized AMD’s stronger AI and data-center margin profile, highlighting competitive risks for Intel’s turnaround.

Intel Trading Up 1.8%

Shares of INTC stock opened at $91.67 on Friday. The company has a market cap of $462.38 billion, a PE ratio of -43.45, a price-to-earnings-growth ratio of 9.94 and a beta of 2.22. Intel Corporation has a 1 year low of $23.75 and a 1 year high of $142.35. The stock’s 50 day simple moving average is $101.10 and its two-hundred day simple moving average is $87.85. 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 issued its quarterly earnings results 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. The company had revenue of $16.13 billion during the quarter, compared to the consensus estimate of $14.43 billion. Intel had a positive return on equity of 2.62% and a negative net margin of 19.79%.Intel’s revenue was up 25.2% on a year-over-year basis. During the same period last year, the company earned ($0.10) earnings per share. Intel has set its Q3 2026 guidance at 0.380-0.380 EPS. Research analysts predict that Intel Corporation will post 1.01 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of research analysts have recently weighed in on INTC shares. Seaport Research Partners restated a “buy” rating and set a $125.00 price objective on shares of Intel in a research report on Friday, July 24th. JPMorgan Chase & Co. boosted their target price on Intel from $45.00 to $85.00 and gave the stock an “underweight” rating in a research report on Friday, July 24th. Wolfe Research started coverage on Intel in a research note on Thursday, June 11th. They set a “peer perform” rating for the company. Daiwa Securities Group cut Intel from a “strong-buy” rating to a “hold” rating in a report on Tuesday, August 4th. Finally, BTIG Research raised Intel from a “neutral” rating to a “buy” rating in a research note on Thursday, June 11th. One investment analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating, thirty-one have assigned a Hold rating and three have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $107.46.

Insider Activity

In other Intel news, CEO Lip Bu Tan acquired 105,263 shares of the company’s stock in a transaction that occurred on 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 in the company, valued at $124,893,555. The trade was a 8.70% increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Corporate insiders own 0.05% of the company’s stock.

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.