Legal & General Group Plc Makes New $4.10 Billion Investment in Intel Corporation $INTC

Legal & General Group Plc bought a new stake in shares of Intel Corporation (NASDAQ:INTC) in the 2nd quarter, Holdings Channel.com reports. The institutional investor bought 29,335,458 shares of the chip maker’s stock, valued at approximately $4,096,110,000. Intel accounts for about 0.9% of Legal & General Group Plc’s portfolio, making the stock its 18th biggest holding.

Other hedge funds have also made changes to their positions in the company. Financially Speaking Inc grew its stake in 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 buying an additional 279 shares during the last quarter. Financial Life Planners bought a new stake in Intel in the first quarter valued at $25,000. Glynn Capital Management LLC bought a new stake in Intel in the second quarter valued at $29,000. Knuff & Co LLC acquired a new position in shares of Intel during the second quarter valued at $29,000. Finally, Swiss RE Ltd. acquired a new position in shares of Intel during the fourth quarter valued at $29,000. Institutional investors own 64.53% of the company’s stock.

Intel Stock Up 1.2%

NASDAQ INTC opened at $90.05 on Thursday. 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 company’s 50 day simple moving average is $101.92 and its 200 day simple moving average is $87.54. Intel Corporation has a 12 month low of $23.72 and a 12 month high of $142.35. The company has a market capitalization of $454.21 billion, a P/E ratio of -42.68, a PEG ratio of 9.82 and a beta of 2.22.

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

Analyst Upgrades and Downgrades

Several research analysts have commented on INTC shares. BTIG Research upgraded shares of Intel from a “neutral” rating to a “buy” rating in a research report on Thursday, June 11th. Barclays boosted their price objective on Intel from $65.00 to $100.00 and gave the stock an “equal weight” rating in a research report on Monday, June 1st. Mizuho decreased their price objective on Intel from $135.00 to $109.00 and set a “neutral” rating for the company in a report on Friday, July 24th. Zacks Research lowered Intel from a “strong-buy” rating to a “hold” rating in a report on Friday, July 31st. Finally, Stifel Nicolaus lowered their target price on Intel from $120.00 to $110.00 and set a “hold” 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 given a Hold rating and three have given a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $107.46.

Insider Buying and Selling

In related news, CEO Lip Bu Tan purchased 105,263 shares of Intel stock in a transaction dated Tuesday, August 11th. The stock was acquired at an average cost of $95.00 per share, with a total value of $9,999,985.00. Following the completion of the transaction, the chief executive officer directly owned 1,314,669 shares of the company’s stock, valued at $124,893,555. This trade represents a 8.70% increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders own 0.05% of the company’s stock.

More Intel News

Here are the key news stories impacting Intel this week:

• Positive Sentiment: Intel’s 14A process is receiving more favorable attention, with commentary suggesting the technology could improve the company’s competitiveness in leading-edge manufacturing and support its foundry ambitions. Intel Stock Ticks Up as 14A Process Proves Its Worth
• Positive Sentiment: Investors continue to speculate that major contracts in advanced packaging, high-bandwidth memory, or external foundry services could become a significant catalyst. Analysts cited in recent commentary see potential for Intel to capture meaningful wafer-foundry share by 2030, although execution and customer wins remain unproven. Intel Stock Opinions on Foundry Recovery Prospects
• Positive Sentiment: CEO Lip-Bu Tan’s roughly $10 million open-market purchase provides a vote of confidence in Intel’s turnaround plan. Institutional buying has also been substantial, with Invesco, JPMorgan and Fidelity among the reported buyers in the second quarter. Intel’s CEO Put $10 Million Into His Own Stock
• Neutral Sentiment: Intel’s recent quarterly results remain a fundamental support: revenue rose about 25% year over year to $16.1 billion and earnings exceeded expectations. The company’s longer-term recovery still depends on turning revenue growth into sustainable profitability and free cash flow.
• Negative Sentiment: The large August stock offering—210.5 million shares priced at $95—has raised dilution concerns and highlights Intel’s substantial capital needs for fabs, AI infrastructure and working capital. The stock remains below the offering price and its 50-day moving average, underscoring investor caution. Intel Stock Falls Below CEO’s Purchase Price After Equity Raise
• Negative Sentiment: Higher Treasury yields and a broader semiconductor selloff have pressured high-growth technology valuations, adding short-term volatility to Intel and its chip-sector peers. Intel Falls on Chip Stock Pressure

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.