TD Waterhouse Canada Inc. Grows Position in Intel Corporation $INTC

TD Waterhouse Canada Inc. raised its stake in shares of Intel Corporation (NASDAQ:INTC) by 93.9% in the 2nd quarter, HoldingsChannel.com reports. The firm owned 369,989 shares of the chip maker’s stock after purchasing an additional 179,187 shares during the period. TD Waterhouse Canada Inc.’s holdings in Intel were worth $47,003,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Sivia Capital Partners LLC grew its stake in shares of Intel by 271.7% during the 2nd quarter. Sivia Capital Partners LLC now owns 34,201 shares of the chip maker’s stock valued at $766,000 after acquiring an additional 25,001 shares during the period. United Bank bought a new stake in Intel during the 2nd quarter worth approximately $205,000. Gamco Investors INC. ET AL raised its stake in Intel by 12.3% during the 2nd quarter. Gamco Investors INC. ET AL now owns 13,737 shares of the chip maker’s stock worth $308,000 after acquiring an additional 1,508 shares during the period. NewEdge Advisors LLC lifted its holdings in Intel by 29.6% during the second quarter. NewEdge Advisors LLC now owns 158,277 shares of the chip maker’s stock valued at $3,545,000 after purchasing an additional 36,116 shares in the last quarter. Finally, Sei Investments Co. lifted its holdings in Intel by 9.9% during the second quarter. Sei Investments Co. now owns 828,352 shares of the chip maker’s stock valued at $18,556,000 after purchasing an additional 74,838 shares in the last quarter. Hedge funds and other institutional investors own 64.53% of the company’s stock.

Intel News Roundup

Here are the key news stories impacting Intel this week:

• Positive Sentiment: AI and server growth are improving the outlook. Bank of America maintained a Buy rating, citing potential expansion in the CPU market and a 43% increase in server-chip pricing. Intel’s Q2 data-center and AI revenue reportedly rose 59%, helping drive overall revenue growth of roughly 25% year over year. Intel Stock Jumps as Bank of America Sees Bigger CPU Market
• Positive Sentiment: The $20 billion capital raise could fund Intel’s turnaround. Analysts view the upsized offering as providing capital to accelerate foundry expansion, increase production capacity and support AI-related investments. BofA characterized the financing as a sign of management’s confidence in the foundry business rather than solely a defensive balance-sheet move. Intel: BofA sees $20B raise fueling foundry and server CPU growth
• Positive Sentiment: CEO Lip-Bu Tan’s participation supports investor confidence. Tan and a family member agreed to invest $12 million in the offering, which market commentators interpreted as a personal vote of confidence in Intel’s AI-driven recovery and long-term strategy. Lip-Bu Tan Investing $12 Million of His Own Money into Intel Raise
• Neutral Sentiment: Intel is considering a return to the memory market. Management has indicated that memory products, including potential memory-CPU integration, could create additional growth opportunities amid tight chip supply. However, the strategy is preliminary and would place Intel against established leaders such as Micron and SK Hynix. Déjà Vu. Why Intel Is Eyeing a Return to Memory
• Negative Sentiment: The equity offering dilutes existing shareholders. Intel priced the upsized offering at $95 per share, increasing the share count and potentially reducing near-term EPS by approximately 4% to 5%. Investors remain focused on whether the new capital produces customer wins and profitable foundry growth. Intel upsizes stock offering to $20B, prices at $95
• Negative Sentiment: Competitive and valuation risks remain. Qualcomm’s potential threat to Intel’s laptop processor business, execution challenges in the foundry buildout and a stock price well above its longer-term average have limited enthusiasm among more cautious investors. The company must convert strong revenue momentum into sustainable earnings and cash flow.

Wall Street Analyst Weigh In

A number of brokerages have recently issued reports on INTC. KGI Securities cut shares of Intel from an “outperform” rating to a “neutral” rating and set a $71.00 price objective for the company. in a research note on Monday, April 20th. Tigress Financial lifted their target price on shares of Intel from $66.00 to $118.00 and gave the company a “buy” rating in a research note on Thursday, April 30th. Bank of America reaffirmed a “buy” rating and issued a $160.00 target price on shares of Intel in a report on Tuesday, July 28th. Truist Financial increased their price target on Intel from $81.00 to $108.00 and gave the stock a “hold” rating in a research note on Friday, July 24th. Finally, Wolfe Research began coverage on Intel in a report on Thursday, June 11th. They set a “peer perform” rating on the stock. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating, thirty-two have issued a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $107.85.

Intel Trading Up 3.6%

Intel stock opened at $104.56 on Friday. Intel Corporation has a 1 year low of $21.90 and a 1 year high of $142.35. The firm’s 50 day moving average price is $110.19 and its 200-day moving average price is $83.15. 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 market cap of $527.40 billion, a P/E ratio of -49.55 and a beta of 2.22.

Intel (NASDAQ:INTC) last issued its earnings results on Thursday, July 23rd. The chip maker reported $0.42 earnings per share for the quarter, topping analysts’ consensus estimates of $0.21 by $0.21. The firm had revenue of $16.13 billion during the quarter, compared to analyst estimates of $14.43 billion. Intel had a negative net margin of 19.79% and a positive return on equity of 2.62%. Intel’s revenue for the quarter was up 25.2% on a year-over-year basis. During the same quarter in the prior year, the business earned ($0.10) earnings per share. Intel has set its Q3 2026 guidance at 0.380-0.380 EPS. On average, equities analysts predict that Intel Corporation will post 1.01 earnings per share for the current fiscal 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.