Intel Corporation $INTC Shares Bought by Banco Santander S.A.

Banco Santander S.A. boosted its holdings in shares of Intel Corporation (NASDAQ:INTC) by 78.4% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 436,145 shares of the chip maker’s stock after purchasing an additional 191,642 shares during the period. Banco Santander S.A.’s holdings in Intel were worth $9,770,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Transcend Capital Advisors LLC raised its position in shares of Intel by 3.4% in the first quarter. Transcend Capital Advisors LLC now owns 19,529 shares of the chip maker’s stock worth $444,000 after acquiring an additional 645 shares during the period. Allspring Global Investments Holdings LLC raised its position in shares of Intel by 0.5% in the first quarter. Allspring Global Investments Holdings LLC now owns 249,611 shares of the chip maker’s stock worth $5,504,000 after acquiring an additional 1,153 shares during the period. Golden State Wealth Management LLC raised its position in shares of Intel by 67.1% in the first quarter. Golden State Wealth Management LLC now owns 6,064 shares of the chip maker’s stock worth $138,000 after acquiring an additional 2,434 shares during the period. Capital Advisors Wealth Management LLC acquired a new position in shares of Intel in the first quarter worth about $207,000. Finally, KBC Group NV raised its position in shares of Intel by 24.8% in the first quarter. KBC Group NV now owns 1,454,810 shares of the chip maker’s stock worth $33,039,000 after acquiring an additional 288,649 shares during the period. 64.53% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of research analysts have weighed in on the stock. Citigroup reiterated a “sell” rating and issued a $29.00 price objective (up previously from $24.00) on shares of Intel in a research report on Friday, September 19th. Bank of America reiterated an “underperform” rating and issued a $34.00 price objective on shares of Intel in a research report on Monday, October 13th. New Street Research upped their price objective on shares of Intel from $23.00 to $32.00 in a research report on Friday, September 19th. Barclays upped their price objective on shares of Intel from $25.00 to $35.00 and gave the stock an “equal weight” rating in a research report on Friday. Finally, Truist Financial upped their price target on shares of Intel from $21.00 to $39.00 and gave the stock a “hold” rating in a research report on Friday. Two equities research analysts have rated the stock with a Buy rating, twenty-four have assigned a Hold rating and eight have given a Sell rating to the company’s stock. According to data from MarketBeat.com, Intel currently has an average rating of “Reduce” and an average target price of $33.65.

Intel Stock Up 3.3%

INTC stock opened at $39.54 on Tuesday. The company has a market cap of $173.07 billion, a price-to-earnings ratio of 3,957.96 and a beta of 1.33. The company has a current ratio of 1.60, a quick ratio of 1.25 and a debt-to-equity ratio of 0.38. Intel Corporation has a 12 month low of $17.67 and a 12 month high of $41.12. The firm has a 50-day moving average of $30.69 and a two-hundred day moving average of $24.51.

Intel (NASDAQ:INTC) last released its quarterly earnings data on Thursday, October 23rd. The chip maker reported $0.23 EPS for the quarter. The company had revenue of $13.65 billion during the quarter, compared to the consensus estimate of $13.10 billion. Intel had a net margin of 0.37% and a negative return on equity of 0.75%. Intel’s quarterly revenue was up 3.0% on a year-over-year basis. During the same quarter in the prior year, the firm earned ($0.46) EPS. Intel has set its Q4 2025 guidance at 0.080-0.080 EPS. As a group, analysts forecast that Intel Corporation will post -0.11 earnings per share for the current fiscal year.

About Intel

Intel Corporation designs, develops, manufactures, markets, and sells computing and related products and services worldwide. It operates through Client Computing Group, Data Center and AI, Network and Edge, Mobileye, and Intel Foundry Services segments. The company's products portfolio comprises central processing units and chipsets, system-on-chips (SoCs), and multichip packages; mobile and desktop processors; hardware products comprising graphics processing units (GPUs), domain-specific accelerators, and field programmable gate arrays (FPGAs); and memory and storage, connectivity and networking, and other semiconductor products.