Meiji Yasuda Asset Management Co Ltd. Purchases Shares of 56,554 Intel Corporation $INTC

Meiji Yasuda Asset Management Co Ltd. acquired a new stake in shares of Intel Corporation (NASDAQ:INTC) in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor acquired 56,554 shares of the chip maker’s stock, valued at approximately $7,897,000.

Several other large investors have also recently made changes to their positions in INTC. iA Global Asset Management Inc. grew its holdings in shares of Intel by 17.0% in the fourth quarter. iA Global Asset Management Inc. now owns 593,043 shares of the chip maker’s stock valued at $21,883,000 after purchasing an additional 86,189 shares in the last quarter. Whalerock Point Partners LLC bought a new position in Intel during the fourth quarter valued at $205,000. Dixon Mitchell Investment Counsel Inc. purchased a new position in shares of Intel in the 4th quarter worth $185,000. Northwestern Mutual Wealth Management Co. increased its holdings in shares of Intel by 5.7% in the 4th 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 during the last quarter. Finally, Legal & General Group Plc raised its position in shares of Intel by 1.3% during the 4th quarter. Legal & General Group Plc now owns 34,012,894 shares of the chip maker’s stock valued at $1,255,076,000 after buying an additional 423,481 shares in the last quarter. 64.53% of the stock is owned by institutional investors.

Key Stories Impacting Intel

Here are the key news stories impacting Intel this week:

• Positive Sentiment: Reports that South Korean memory-chip maker SK Hynix was considering Intel Foundry to manufacture base dies for next-generation HBM4E memory initially boosted hopes for a major external customer and validated Intel’s manufacturing ambitions. CEO Lip-Bu Tan’s reported purchase of roughly $12 million in Intel shares also signaled management confidence. Intel Stock Notches Up as SK Hynix Considers New Deal
• Positive Sentiment: Intel could benefit from the rapid expansion of AI infrastructure and from large-scale chip-production projects in the United States, including Elon Musk’s reported planned facility near Houston. More domestic manufacturing demand would support the strategic rationale for Intel’s foundry investments, though the project is not confirmed as an Intel contract. Elon Musk Is Spending $119 Billion on a Single Building Outside Houston
• Neutral Sentiment: SK Hynix subsequently denied the reported HBM4E partnership, removing the immediate catalyst and underscoring that Intel’s potential foundry wins remain uncommitted. SK Hynix Denies Report of Intel Foundry Partnership
• Negative Sentiment: Analysts continue to question whether AI-related revenue can arrive quickly enough to offset Intel’s rising capital spending and foundry losses. Outside customers currently contribute little foundry revenue, making utilization and execution key risks for the stock. Intel Stock Is Paying Now for Revenue Due Later
• Negative Sentiment: Competitive concerns remain: coverage argues AMD continues to take share from Intel, while Nvidia’s strong growth in newer data-center products could further pressure Intel’s position in AI hardware. AMD: Still Eating Intel’s Lunch

Insider Activity

In other news, CEO Lip Bu Tan purchased 105,263 shares of the stock in a transaction that occurred on Tuesday, August 11th. The stock was purchased at an average price of $95.00 per share, for a total transaction of $9,999,985.00. Following the completion of the acquisition, the chief executive officer owned 1,314,669 shares of the company’s stock, valued at approximately $124,893,555. This trade represents a 8.70% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Insiders own 0.05% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts recently commented on INTC shares. Roth Capital lifted their price target on Intel from $100.00 to $120.00 and gave the stock a “buy” rating in a research report on Friday, July 24th. Stifel Nicolaus dropped their target price on Intel from $120.00 to $110.00 and set a “hold” rating for the company in a report on Friday, July 24th. Deutsche Bank Aktiengesellschaft reissued a “hold” rating and set a $100.00 target price on shares of Intel in a research report on Tuesday, May 12th. Needham & Company LLC restated a “hold” rating on shares of Intel in a research report on Friday, July 24th. Finally, Cantor Fitzgerald cut their price objective on shares of Intel from $150.00 to $125.00 and set a “neutral” rating on the stock in a research report on Friday, July 24th. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, thirty-one have assigned a Hold rating and three have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $107.46.

Intel Stock Performance

INTC stock opened at $89.51 on Tuesday. The firm has a market cap of $451.49 billion, a price-to-earnings ratio of -42.42, a PEG ratio of 9.89 and a beta of 2.22. Intel Corporation has a twelve month low of $23.68 and a twelve month high of $142.35. The company has a quick ratio of 1.25, a current ratio of 1.60 and a debt-to-equity ratio of 0.47. The business’s fifty day simple moving average is $103.61 and its two-hundred day simple moving average is $86.94.

Intel (NASDAQ:INTC) last posted its quarterly earnings results on Thursday, July 23rd. The chip maker reported $0.42 EPS for the quarter, topping analysts’ consensus estimates of $0.21 by $0.21. The firm had revenue of $16.13 billion for 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 business’s revenue for the quarter was up 25.2% on a year-over-year basis. During the same period in the prior year, the business posted ($0.10) earnings per share. Intel has set its Q3 2026 guidance at 0.380-0.380 EPS. Analysts predict that Intel Corporation will post 1 earnings per share 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.