Empowered Funds LLC Raises Position in Intel Corporation $INTC

Empowered Funds LLC increased its stake in Intel Corporation (NASDAQ:INTC) by 30.5% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 463,610 shares of the chip maker’s stock after purchasing an additional 108,402 shares during the quarter. Empowered Funds LLC’s holdings in Intel were worth $20,459,000 at the end of the most recent quarter.

Other institutional investors have also bought and sold shares of the company. iA Global Asset Management Inc. boosted its stake in Intel by 17.0% in the 4th quarter. iA Global Asset Management Inc. now owns 593,043 shares of the chip maker’s stock worth $21,883,000 after purchasing an additional 86,189 shares during the period. Whalerock Point Partners LLC bought a new stake in shares of Intel during the fourth quarter valued at about $205,000. Heritage Investment Group Inc. bought a new stake in shares of Intel during the fourth quarter valued at about $219,000. Dixon Mitchell Investment Counsel Inc. purchased a new stake in shares of Intel in the fourth quarter worth about $185,000. Finally, Northwestern Mutual Wealth Management Co. lifted its holdings in shares of Intel by 5.7% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 255,261 shares of the chip maker’s stock worth $9,419,000 after buying an additional 13,858 shares in the last quarter. Hedge funds and other institutional investors own 64.53% of the company’s stock.

Analyst Ratings Changes

Several brokerages recently commented on INTC. DA Davidson boosted their price objective on shares of Intel from $77.00 to $100.00 and gave the company a “neutral” rating in a research note on Friday. Roth Capital increased their target price on shares of Intel from $100.00 to $120.00 and gave the stock a “buy” rating in a research note on Friday. Citigroup upgraded shares of Intel from a “positive” rating to a “buy” rating in a research report on Thursday, July 23rd. Zacks Research raised shares of Intel from a “hold” rating to a “strong-buy” rating in a report on Tuesday, June 23rd. Finally, Northland Securities downgraded Intel from an “outperform” rating to a “market perform” rating in a research report on Tuesday, May 26th. Two research analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, twenty-nine have assigned a Hold rating and three have assigned a Sell rating to the stock. According to MarketBeat.com, Intel presently has a consensus rating of “Hold” and an average target price of $107.93.

Intel News Roundup

Here are the key news stories impacting Intel this week:

• Positive Sentiment: Strong earnings and analyst support: Intel’s second-quarter results exceeded expectations, with revenue of approximately $16.1 billion and year-over-year growth of more than 25%. Bank of America reaffirmed its “Buy” rating and set a $160 price target, while other analysts raised fair-value estimates following stronger AI-related server CPU demand. Intel Stock Is Falling Tuesday: What’s Going On
• Positive Sentiment: Improving data-center economics: Wells Fargo reported that Intel’s server pricing power and data-center gross margins have improved, supporting the view that AI infrastructure demand is strengthening the company’s core CPU business. Intel’s Server Pricing Power Shows Sharp Improvement
• Positive Sentiment: Foundry and packaging progress: Intel’s planned collaboration with Lens Technology on glass-substrate packaging could improve power efficiency and performance for AI and next-generation chips. The company also recently added Fortinet as a foundry customer, offering potential long-term support for its manufacturing turnaround. Can Intel’s Advanced Packaging Tie-Up With Lens Technology Aid Shares?
• Neutral Sentiment: Execution remains the key test: Intel plans to increase capital spending above $20 billion in 2026, with even higher spending expected in 2027 to expand foundry capacity. Investors must weigh the potential benefits against the financial demands and risks of executing the turnaround. Intel’s Capex Plans Offer a Quiet Positive for the Foundry Business
• Negative Sentiment: Sector-wide risk aversion: Chip stocks are retreating amid fears that AI-related valuations have become excessive, rising costs may limit returns on AI investment, and competition from China is intensifying. Intel is being sold alongside AMD, Marvell, Micron and ASML, while investors are concentrating more heavily on Nvidia. Chip Stocks Extend Pullback Amid AI Bubble Fears
• Negative Sentiment: Valuation and profit-taking concerns: After a major rally earlier in 2026, investors are questioning whether Intel’s recovery is already priced in. Concerns about elevated valuation, potential Federal Reserve surprises and the timing of earnings growth are encouraging profit-taking despite the strong quarter.

Intel Price Performance

INTC stock opened at $86.30 on Wednesday. The firm has a 50 day simple moving average of $115.02 and a two-hundred day simple moving average of $79.02. The stock has a market cap of $435.30 billion, a PE ratio of -40.90 and a beta of 2.18. Intel Corporation has a one year low of $18.97 and a one 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 for the quarter, beating the consensus estimate of $0.21 by $0.21. Intel had a negative net margin of 19.79% and a positive return on equity of 2.62%. The firm had revenue of $16.13 billion for the quarter, compared to analysts’ expectations of $14.43 billion. During the same quarter last year, the company posted ($0.10) EPS. The business’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. On average, analysts predict that Intel Corporation will post 0.7 EPS for the current fiscal year.

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 transaction of $4,006,679.68. Following the sale, the executive vice president owned 105,077 shares in the company, valued at $10,458,313.81. This trade represents a 27.70% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.05% of the stock is owned by insiders.

Intel Company 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.