Principal Financial Group Inc. Buys 266,469 Shares of Intel Corporation $INTC

Principal Financial Group Inc. boosted its position in Intel Corporation (NASDAQ:INTC) by 5.4% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 5,233,422 shares of the chip maker’s stock after purchasing an additional 266,469 shares during the period. Principal Financial Group Inc.’s holdings in Intel were worth $230,951,000 as of its most recent SEC filing.

Other large investors have also bought and sold shares of the company. Vanguard Group Inc. lifted its position in shares of Intel by 3.5% during the 4th quarter. Vanguard Group Inc. now owns 404,522,308 shares of the chip maker’s stock valued at $14,926,873,000 after buying an additional 13,692,624 shares during the last quarter. State Street Corp lifted its stake in shares of Intel by 2.8% during the 4th quarter. State Street Corp now owns 208,536,784 shares of the chip maker’s stock valued at $7,695,007,000 after buying an additional 5,714,400 shares in the last quarter. Capital World Investors boosted its holdings in Intel by 20.3% in the 4th quarter. Capital World Investors now owns 104,060,268 shares of the chip maker’s stock worth $3,839,833,000 after buying an additional 17,557,147 shares during the period. Geode Capital Management LLC boosted its holdings in Intel by 3.2% in the 4th quarter. Geode Capital Management LLC now owns 101,931,512 shares of the chip maker’s stock worth $3,744,406,000 after buying an additional 3,124,798 shares during the period. Finally, Morgan Stanley grew its stake in Intel by 20.4% in the 4th quarter. Morgan Stanley now owns 65,249,269 shares of the chip maker’s stock valued at $2,407,698,000 after buying an additional 11,056,090 shares in the last quarter. 64.53% of the stock is owned by hedge funds and other institutional investors.

Intel Trading Up 4.5%

Intel stock opened at $107.76 on Wednesday. The stock has a market cap of $541.60 billion, a P/E ratio of -173.80 and a beta of 2.18. Intel Corporation has a fifty-two week low of $18.97 and a fifty-two week high of $142.35. The firm’s fifty day moving average price is $118.84 and its 200-day moving average price is $74.87. The company has a debt-to-equity ratio of 0.34, a quick ratio of 1.85 and a current ratio of 2.31.

Intel (NASDAQ:INTC) last issued its quarterly earnings data 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. The company had revenue of $13.58 billion for the quarter, compared to the consensus estimate of $12.32 billion. Intel had a positive return on equity of 0.39% and a negative net margin of 5.90%.The firm’s revenue was up 7.4% compared to the same quarter last year. During the same quarter last year, the business posted $0.13 earnings per share. Intel has set its Q2 2026 guidance at 0.200-0.200 EPS. Equities research analysts forecast that Intel Corporation will post 0.64 earnings per share for the current fiscal year.

Trending Headlines about Intel

Here are the key news stories impacting Intel this week:

• Positive Sentiment: KeyBanc lifted its price target on Intel and cited better yields plus stronger AI-related demand, helping fuel a bullish re-rating ahead of earnings. Article Title
• Positive Sentiment: HSBC also turned more constructive, doubling its price target and keeping a Buy rating, saying Intel’s foundry business looks increasingly compelling. Article Title
• Positive Sentiment: Intel announced a $5.7 billion expansion of its Ireland manufacturing site, which investors view as a sign of confidence in its AI chip, Xeon, and foundry roadmap. Article Title
• Positive Sentiment: Multiple reports say Intel’s 18A/yield improvements and “in-house” Nova Lake production plans suggest its manufacturing execution may be improving. Article Title
• Neutral Sentiment: Several previews ahead of Intel’s July 23 earnings call note that traders are positioning for evidence of better server CPU, AI, and foundry trends, but PC demand may still cool near term. Article Title
• Neutral Sentiment: Broader chip sentiment has improved after a cooler inflation reading sparked a sector rebound, supporting Intel along with other semiconductor names. Article Title
• Negative Sentiment: Some analysts still warn that Intel faces near-term PC softness and ongoing competition, while recent articles also highlight valuation concerns after the stock’s huge run. Article Title

Analyst Upgrades and Downgrades

A number of brokerages have issued reports on INTC. BTIG Research raised shares of Intel from a “neutral” rating to a “buy” rating in a report on Thursday, June 11th. Susquehanna boosted their price objective on Intel from $65.00 to $80.00 and gave the company a “neutral” rating in a research note on Friday, April 24th. Benchmark increased their price objective on Intel from $105.00 to $140.00 and gave the stock a “buy” rating in a report on Monday, May 18th. Truist Financial raised their target price on Intel from $49.00 to $81.00 and gave the stock a “hold” rating in a research note on Friday, April 24th. Finally, DA Davidson lifted their target price on Intel from $45.00 to $77.00 and gave the company a “neutral” rating in a report on Friday, April 24th. Two research 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 company currently has a consensus rating of “Hold” and a consensus target price of $101.96.

Insiders Place Their Bets

In other Intel news, EVP Boise April Miller sold 40,256 shares of the firm’s stock in a transaction dated Friday, May 1st. The stock was sold at an average price of $99.53, for a total value of $4,006,679.68. Following the sale, the executive vice president owned 105,077 shares of the company’s stock, valued at $10,458,313.81. This trade represents a 27.70% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. 0.05% of the stock is owned by corporate insiders.

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.