Pittenger & Anderson Inc. Raises Holdings in Intel Corporation $INTC

Pittenger & Anderson Inc. boosted its holdings in shares of Intel Corporation (NASDAQ:INTC) by 994.2% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 17,518 shares of the chip maker’s stock after buying an additional 15,917 shares during the quarter. Pittenger & Anderson Inc.’s holdings in Intel were worth $646,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also bought and sold shares of INTC. Legacy Bridge LLC purchased a new position in Intel in the fourth quarter worth $26,000. Corundum Trust Company INC purchased a new position in Intel in the third quarter worth $29,000. Raleigh Capital Management Inc. purchased a new position in Intel in the fourth quarter worth $29,000. Provenance Wealth Advisors LLC boosted its holdings in Intel by 89.2% in the third quarter. Provenance Wealth Advisors LLC now owns 946 shares of the chip maker’s stock worth $32,000 after acquiring an additional 446 shares in the last quarter. Finally, Strengthening Families & Communities LLC acquired a new stake in Intel in the third quarter worth about $33,000. 64.53% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

INTC has been the subject of several recent analyst reports. Truist Financial raised 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. Scotiabank initiated coverage on Intel in a report on Tuesday, April 21st. They issued a “sector perform” rating for the company. Needham & Company LLC reissued a “hold” rating on shares of Intel in a report on Friday, January 23rd. New Street Research raised their price target on Intel from $50.00 to $80.00 and gave the stock a “neutral” rating in a report on Friday, April 24th. Finally, Morgan Stanley raised their price target on Intel from $56.00 to $73.00 and gave the stock an “equal weight” rating in a report on Friday, April 24th. One analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating, twenty-five have given a Hold rating and four have given a Sell rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of $74.47.

Intel News Roundup

Here are the key news stories impacting Intel this week:

• Positive Sentiment: U.S. antitrust authorities cleared Intel’s investment in SambaNova, removing a major regulatory overhang tied to the deal and validating Intel’s push deeper into AI infrastructure; that clearance is a clear near?term positive for sentiment. Read More.
• Positive Sentiment: Strong Q1 operational beat: Intel reported a sizable EPS and revenue beat and issued stable Q2 guidance, which lifted the investment thesis that Intel is converting AI infrastructure demand into durable revenue growth. Investors are treating the quarter as confirmation that Intel can compete for large data?center spend. Read More.
• Positive Sentiment: Momentum, liquidity and positioning: April was Intel’s best month ever on Nasdaq with massive inflows (including outsized moves in leveraged ETFs), drawing new retail and institutional attention and reinforcing momentum?driven buying. Read More.
• Neutral Sentiment: Analyst revisions and upgrades are supporting the re?rating: some firms hiked FY estimates and moved coverage to stronger ratings — this helps the fundamental narrative but may already be priced into the rally.
• Negative Sentiment: Elevated volatility and dispersion in expectations: options markets imply large moves and traders are pricing sharply divergent outcomes for INTC through the summer — that raises the risk of sharp pullbacks if momentum stalls. Read More.
• Negative Sentiment: Profit?taking / overbought warnings: Several analysts and market commentators say the rally may be overextended in the short term and that every incremental bit of good news is being bought — investors should expect higher intraday swings and potential pullbacks. Read More.
• Negative Sentiment: Sector sensitivity: short?term chip sector moves are still being influenced by cloud/AI spend signals (for example, OpenAI growth outlooks), which can weigh on chip names if cloud customers temper guidance. Read More.

Intel Price Performance

Shares of INTC opened at $99.62 on Monday. The firm has a market capitalization of $500.68 billion, a PE ratio of -160.67 and a beta of 2.18. The company has a debt-to-equity ratio of 0.34, a current ratio of 2.31 and a quick ratio of 1.85. Intel Corporation has a 1-year low of $18.97 and a 1-year high of $100.45. The company’s fifty day moving average price is $54.62 and its 200-day moving average price is $45.91.

Intel (NASDAQ:INTC) last announced its quarterly earnings data on Thursday, April 23rd. The chip maker reported $0.29 earnings per share for the quarter, beating analysts’ consensus estimates of $0.01 by $0.28. The firm had revenue of $13.58 billion for the quarter, compared to analyst estimates of $12.32 billion. Intel had a negative net margin of 5.90% and a positive return on equity of 0.39%. The business’s quarterly revenue was up 7.4% compared to the same quarter last year. During the same period in the previous year, the company earned $0.13 earnings per share. Intel has set its Q2 2026 guidance at 0.200-0.200 EPS. On average, equities research analysts predict that Intel Corporation will post 0.63 EPS for the current year.

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.