State Street Corp Acquires 2,528,657 Shares of Intel Corporation $INTC

State Street Corp raised its holdings in Intel Corporation (NASDAQ:INTC) by 1.2% during the 2nd quarter, HoldingsChannel.com reports. The fund owned 216,849,675 shares of the chip maker’s stock after acquiring an additional 2,528,657 shares during the quarter. Intel accounts for approximately 0.6% of State Street Corp’s investment portfolio, making the stock its 26th largest holding. State Street Corp’s holdings in Intel were worth $30,278,720,000 as of its most recent SEC filing.

A number of other large investors have also recently modified their holdings of INTC. Financially Speaking Inc grew its position in Intel by 69.2% in 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 in the last quarter. Financial Life Planners bought a new stake in Intel during the first quarter worth about $25,000. Montgomery Financial Services LLC bought a new stake in Intel during the second quarter worth about $26,000. Glynn Capital Management LLC purchased a new position in shares of Intel in the 2nd quarter worth about $29,000. Finally, Knuff & Co LLC bought a new position in shares of Intel during the 2nd quarter valued at about $29,000. Institutional investors own 64.53% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages recently weighed in on INTC. JPMorgan Chase & Co. raised their price objective on Intel from $45.00 to $85.00 and gave the company an “underweight” rating in a report on Friday, July 24th. BTIG Research upgraded shares of Intel from a “neutral” rating to a “buy” rating in a research report on Thursday, June 11th. Royal Bank Of Canada began coverage on shares of Intel in a research note on Tuesday, September 8th. They set an “outperform” rating on the stock. Northland Securities upgraded shares of Intel from a “market perform” rating to an “outperform” rating and set a $120.00 price objective for the company in a report on Tuesday, September 8th. Finally, Tigress Financial upped their price objective on shares of Intel from $118.00 to $145.00 and gave the company a “buy” rating in a research note on Tuesday, September 15th. One equities research analyst has rated the stock with a Strong Buy rating, twenty have given a Buy rating, twenty-six have given a Hold rating and three have given a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $108.49.

Intel Trading Down 0.3%

NASDAQ:INTC traded down $0.33 during trading hours on Tuesday, hitting $121.45. The company had a trading volume of 51,270,344 shares, compared to its average volume of 117,715,453. The company has a debt-to-equity ratio of 0.47, a current ratio of 1.60 and a quick ratio of 1.25. The stock has a 50-day moving average price of $97.18 and a 200 day moving average price of $92.76. The company has a market capitalization of $612.60 billion, a PE ratio of -57.56, a price-to-earnings-growth ratio of 11.59 and a beta of 2.22. Intel Corporation has a 52 week low of $28.82 and a 52 week high of $142.35.

Intel (NASDAQ:INTC) last posted its earnings results on Thursday, July 23rd. The chip maker reported $0.42 EPS for the quarter, topping the consensus estimate of $0.21 by $0.21. The firm had revenue of $16.13 billion during the quarter, compared to analysts’ expectations of $14.43 billion. Intel had a negative net margin of 19.79% and a positive return on equity of 2.62%. The company’s quarterly revenue was up 25.2% compared to the same quarter last year. During the same period last year, the company posted ($0.10) EPS. Intel has set its Q3 2026 guidance at 0.380-0.380 EPS. On average, equities research analysts predict that Intel Corporation will post 1.04 EPS for the current fiscal year.

Key Intel News

Here are the key news stories impacting Intel this week:

• Positive Sentiment: Meta’s successful Muse AI agent is strengthening the case that agentic AI will require substantial general-purpose CPU capacity alongside GPUs. Intel’s CEO reportedly said the company is fulfilling only about 50% of current AI-related CPU demand, suggesting tight supply and meaningful pricing or volume potential. Intel sees AI CPU demand squeeze
• Positive Sentiment: Melius Research identified Intel’s improving foundry prospects as a potential source of significant value and cited a possible price target of $165. Optimism around a potential foundry relationship with SK Hynix also helped drive the recent semiconductor rally. The lever that could take Intel stock to $165
• Positive Sentiment: Intel’s Core Ultra processors are included in new Googlebook laptops designed around Google’s Gemini AI, providing modest evidence of continued relevance in AI-enabled PCs. ASUS Googlebook 14 launch
• Neutral Sentiment: Broader market conditions remain supportive, with lower Treasury yields, falling oil prices, strong semiconductor momentum and improved U.S.-China trade sentiment helping technology shares. However, a machine-learning price forecast is not a fundamental catalyst and should not be treated as investment guidance. Market outlook for September 22
• Negative Sentiment: AI semiconductor stocks are easing after Monday’s sharp rally as investors take profits. Intel also faces competitive risk from Nvidia’s push into AI-oriented CPUs, while its foundry strategy still must demonstrate consistent execution. Nvidia’s AI CPU push threatens Intel and AMD
• Negative Sentiment: After a dramatic one-year advance, Intel’s elevated valuation leaves less room for disappointment. Analysts continue to highlight the gap between the company’s attractive AI and foundry opportunity and the need to convert that opportunity into sustainable profits and cash flow. Intel’s comeback and valuation concerns

Insider Buying and Selling

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

Intel Company Profile

Intel Corporation (NASDAQ: INTC) is a global semiconductor company that designs and manufactures computing and communications products. Its portfolio includes Intel Core processors for personal computers, Xeon processors for data centers and enterprise systems, and products for edge computing, networking, and other specialized applications.

Intel also develops graphics processing units under its Intel Arc and Intel Data Center GPU brands, Gaudi artificial intelligence accelerators, Ethernet products, software, and related platform technologies.