iA Global Asset Management Inc. Acquires 6,529 Shares of Intel Corporation $INTC

iA Global Asset Management Inc. boosted its holdings in Intel Corporation (NASDAQ:INTC) by 1.1% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 599,572 shares of the chip maker’s stock after purchasing an additional 6,529 shares during the period. iA Global Asset Management Inc.’s holdings in Intel were worth $26,459,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also bought and sold shares of INTC. Whalerock Point Partners LLC purchased a new stake in shares of Intel during the 4th quarter worth approximately $205,000. Van ECK Associates Corp raised its holdings in shares of Intel by 18.3% in the 3rd quarter. Van ECK Associates Corp now owns 55,521,741 shares of the chip maker’s stock worth $1,862,755,000 after purchasing an additional 8,569,812 shares during the period. Heritage Investment Group Inc. purchased a new position in Intel in the fourth quarter valued at approximately $219,000. Dixon Mitchell Investment Counsel Inc. purchased a new position in Intel in the fourth quarter valued at approximately $185,000. Finally, Northwestern Mutual Wealth Management Co. lifted its stake in Intel by 5.7% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 255,261 shares of the chip maker’s stock valued at $9,419,000 after purchasing an additional 13,858 shares during the last quarter. Hedge funds and other institutional investors own 64.53% of the company’s stock.

Key Headlines Impacting Intel

Here are the key news stories impacting Intel this week:

• Positive Sentiment: Intel stock is benefiting from a broad AI-chip rally, with semiconductors leading the market and the sector posting historic gains this quarter. Record chip rally adds $2 trillion in combined value to Micron, Intel and AMD in second quarter
• Positive Sentiment: Sentiment was also helped by analyst enthusiasm after Cantor Fitzgerald raised its price target on Intel to $150 from $90, reinforcing hopes that Intel’s foundry turnaround and AI strategy are gaining credibility. Intel Stock Jumps as Price-Target Hike Adds to Foundry Momentum
• Positive Sentiment: Several articles point to Intel’s improving narrative around advanced manufacturing, including risk production on its 18A-P process and leadership changes at Intel Foundry, which are helping investors view the company as a potential AI and chip-packaging winner. Intel Stock (NASDAQ:INTC) Surges on Word of Cost Advantage Over Key Rival
• Neutral Sentiment: Intel also announced it will report second-quarter 2026 financial results soon, keeping attention on whether the rally is backed by fundamentals and guidance. Intel to Report Second-Quarter 2026 Financial Results
• Negative Sentiment: Some commentary warns that a lot of the good news may already be priced in, and one article highlighted risk from stretched valuation after the sharp run-up in Intel shares. Intel: Good News Priced In, Extreme Valuation Clouds Investing
• Negative Sentiment: There is also caution that competition in AI chips is spreading spending across more semiconductor companies, which could limit Intel’s upside if the rally cools. How Nvidia Became a Chip Stock Loser—and Why It Might Stay That Way

Intel Trading Up 6.0%

Shares of INTC stock opened at $139.63 on Wednesday. The company’s fifty day simple moving average is $112.23 and its two-hundred day simple moving average is $69.42. 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 $142.35. The stock has a market capitalization of $701.78 billion, a price-to-earnings ratio of -225.21 and a beta of 2.21.

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

Analysts Set New Price Targets

A number of analysts have issued reports on the company. Wells Fargo & Company raised their target price on Intel from $85.00 to $110.00 and gave the stock an “equal weight” rating in a research report on Monday, June 1st. Tigress Financial upped their price target on Intel from $66.00 to $118.00 and gave the company a “buy” rating in a research report on Thursday, April 30th. Mizuho set a $135.00 price target on Intel in a research note on Sunday, June 21st. Stifel Nicolaus increased their price target on Intel from $65.00 to $75.00 and gave the stock a “hold” rating in a research note on Friday, April 24th. Finally, New Street Research lifted their price objective on Intel from $100.00 to $122.00 in a report on Friday, June 26th. Two analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, twenty-eight have issued a Hold rating and four have given a Sell rating to the stock. According to data from MarketBeat, the company has an average rating of “Hold” and a consensus price target of $93.93.

Insider Transactions at Intel

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 completion of the transaction, 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 position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Company insiders own 0.05% of the company’s stock.

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.