Sumitomo Mitsui Trust Group Inc. Sells 542,006 Shares of Intel Corporation $INTC

Sumitomo Mitsui Trust Group Inc. lessened its holdings in shares of Intel Corporation (NASDAQ:INTC) by 4.9% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 10,600,700 shares of the chip maker’s stock after selling 542,006 shares during the quarter. Intel makes up approximately 0.8% of Sumitomo Mitsui Trust Group Inc.’s investment portfolio, making the stock its 16th largest position. Sumitomo Mitsui Trust Group Inc. owned approximately 0.21% of Intel worth $1,480,176,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Financially Speaking Inc boosted its stake in shares of Intel by 69.2% during the 4th quarter. Financially Speaking Inc now owns 682 shares of the chip maker’s stock worth $25,000 after acquiring an additional 279 shares during the period. Financial Life Planners bought a new stake in Intel in the 1st quarter valued at $25,000. Swiss RE Ltd. acquired a new stake in Intel during the 4th quarter valued at $29,000. Osbon Capital Management LLC acquired a new stake in Intel during the 4th quarter valued at $30,000. Finally, Beaird Harris Wealth Management LLC boosted its position in Intel by 3,185.7% during the second quarter. Beaird Harris Wealth Management LLC now owns 230 shares of the chip maker’s stock worth $32,000 after purchasing an additional 223 shares during the period. Institutional investors own 64.53% of the company’s stock.

Intel Stock Up 1.0%

INTC opened at $103.49 on Tuesday. The stock has a fifty day moving average of $110.12 and a 200-day moving average of $83.99. The company has a market capitalization of $522.00 billion, a P/E ratio of -49.05 and a beta of 2.22. Intel Corporation has a fifty-two week low of $22.77 and a fifty-two week high of $142.35. The company has a debt-to-equity ratio of 0.47, a quick ratio of 1.25 and a current ratio of 1.60.

Intel (NASDAQ:INTC) last released its quarterly earnings results on Thursday, July 23rd. The chip maker reported $0.42 EPS 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 business had revenue of $16.13 billion for the quarter, compared to the consensus estimate of $14.43 billion. During the same period in the prior year, the company posted ($0.10) earnings per share. Intel’s revenue was up 25.2% compared to the same quarter last year. Intel has set its Q3 2026 guidance at 0.380-0.380 EPS. On average, equities analysts expect that Intel Corporation will post 1.01 EPS for the current year.

Analysts Set New Price Targets

Several equities analysts have commented on the stock. Raymond James Financial upgraded shares of Intel from a “hold” rating to a “moderate buy” rating in a report on Tuesday, April 21st. Northland Securities cut shares of Intel from an “outperform” rating to a “market perform” rating in a research note on Tuesday, May 26th. Scotiabank initiated coverage on shares of Intel in a report on Tuesday, April 21st. They set a “sector perform” rating for the company. KGI Securities lowered shares of Intel from an “outperform” rating to a “neutral” rating and set a $71.00 price target on the stock. in a research note on Monday, April 20th. Finally, Weiss Ratings raised shares of Intel from a “sell (d-)” rating to a “hold (c-)” rating in a report on Tuesday, August 4th. One research analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, thirty-two have issued a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $107.46.

Intel News Roundup

Here are the key news stories impacting Intel this week:

• Positive Sentiment: CEO Lip-Bu Tan disclosed a purchase of 105,263 Intel shares at $95 each, worth approximately $10 million. His investment is being viewed as a strong vote of confidence in Intel’s recovery strategy. Intel CEO insider purchase
• Positive Sentiment: Intel’s recently upsized equity offering is expected to provide roughly $20 billion to $23 billion for investments in manufacturing, AI and the foundry business. Reports of improving yields at GlobalFoundries and broader customer interest support the possibility of progress in Intel Foundry. Intel’s capital raise and foundry progress
• Positive Sentiment: SoftBank Group reportedly allocated 66.81% of its disclosed U.S. equity portfolio to Intel, potentially reinforcing the view that the chipmaker could benefit from the long-term AI infrastructure buildout. SoftBank’s Intel investment
• Positive Sentiment: Intel participated in a broader rally across chip and memory stocks as investors continued to favor companies exposed to strong AI spending and semiconductor infrastructure demand. Semiconductor stock market moves
• Neutral Sentiment: CEO Tan said Intel is exploring new memory architectures that bring memory and processors closer together. The initiative could expand Intel’s AI opportunity, but it is still exploratory and offers no near-term revenue assurance. Intel explores memory architectures
• Neutral Sentiment: Institutional signals are mixed: some reports describe new or enlarged semiconductor positions, while Stanley Druckenmiller’s fund was reported to have sold Intel in the second quarter. Druckenmiller’s Intel position
• Negative Sentiment: The equity raise strengthens Intel’s balance sheet but dilutes existing shareholders and raises the execution burden for the turnaround. Intel’s secondary share sale
• Negative Sentiment: At roughly 62 times expected next year’s earnings, Intel’s valuation assumes substantial future profitability even though the company reportedly lost about $11 billion over the past year, much of it noncash. Intel valuation and recent losses

Insider Transactions at Intel

In other Intel news, CEO Lip Bu Tan acquired 105,263 shares of the business’s stock in a transaction on Tuesday, August 11th. The stock was purchased at an average price of $95.00 per share, with a total value of $9,999,985.00. Following the acquisition, the chief executive officer directly 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 position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 0.05% of the stock is owned by corporate insiders.

Intel 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.