Meyer Handelman Co. Has $1.77 Million Stock Position in Intel Corporation $INTC

Meyer Handelman Co. cut its holdings in Intel Corporation (NASDAQ:INTC) by 31.5% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 52,705 shares of the chip maker’s stock after selling 24,212 shares during the quarter. Meyer Handelman Co.’s holdings in Intel were worth $1,768,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of INTC. AlphaQuest LLC increased its stake in Intel by 895.3% in the first quarter. AlphaQuest LLC now owns 5,932 shares of the chip maker’s stock valued at $135,000 after purchasing an additional 5,336 shares in the last quarter. Gamco Investors INC. ET AL increased its position in Intel by 7.5% in the 1st quarter. Gamco Investors INC. ET AL now owns 12,229 shares of the chip maker’s stock valued at $278,000 after buying an additional 854 shares in the last quarter. OMERS ADMINISTRATION Corp acquired a new position in Intel during the 1st quarter worth approximately $2,018,000. Canada Pension Plan Investment Board boosted its holdings in Intel by 0.9% in the first quarter. Canada Pension Plan Investment Board now owns 4,535,504 shares of the chip maker’s stock worth $103,001,000 after acquiring an additional 42,198 shares in the last quarter. Finally, Activest Wealth Management boosted its holdings in Intel by 81.4% in the first quarter. Activest Wealth Management now owns 5,963 shares of the chip maker’s stock worth $135,000 after acquiring an additional 2,676 shares in the last quarter. Institutional investors and hedge funds own 64.53% of the company’s stock.

More Intel News

Here are the key news stories impacting Intel this week:

• Positive Sentiment: BofA raised its price target on Intel from $34 to $40 and highlighted opportunity in advanced packaging and Intel Foundry wins, which supports the company’s long-term foundry story and could bolster valuation if external customers follow through. BofA Sees Advanced Packaging Potential for Intel Foundry
• Positive Sentiment: Coverage noting Intel’s strong rally (roughly +80% YTD) underscores momentum and renewed investor confidence in Intel’s turnaround, which can attract momentum flows even as some analysts stay cautious. Intel Stock Is Up 80%+ YTD, But Wall Street Remains Cautious Into 2026
• Neutral Sentiment: Zacks reports heavy retail interest in INTC searches; increased attention raises liquidity and upside if sentiment stays positive, but search volume alone is not a catalyst for fundamentals. Investors Heavily Search Intel Corporation (INTC)
• Neutral Sentiment: Profiles and sector commentary (comparisons with ASML/TSMC and broader AI stock pieces) keep Intel in investor conversations around AI hardware, but these are competitive narratives rather than direct, immediate catalysts. Better Artificial Intelligence Stock: ASML vs. Taiwan Semiconductor
• Negative Sentiment: Reports that Nvidia paused testing of Intel’s 18A process are the primary near-term negative; they raise doubts about external validation of Intel’s cutting-edge node and dent foundry momentum, which triggered a notable intraday pullback in sentiment. Nvidia tested making chips with Intel’s 18A process, but stopped, Reuters says INTC stock crashes 2.5% as Nvidia pauses Intel 18A chip test
• Negative Sentiment: Ongoing Wall Street caution and coverage noting risks (manufacturing headwinds, competitive pressure from TSMC/Nvidia) mean analysts may keep conservative ratings despite higher price targets—this can cap upside until more customer commitments or technical validation arrive. Price Over Earnings Overview: Intel

Analyst Ratings Changes

A number of equities analysts have recently weighed in on INTC shares. TD Cowen upped their target price on Intel from $35.00 to $38.00 and gave the stock a “hold” rating in a research report on Friday, October 24th. Morgan Stanley upped their price objective on shares of Intel from $23.00 to $36.00 and gave the stock an “equal weight” rating in a report on Monday, October 20th. HSBC boosted their price target on shares of Intel from $24.00 to $26.00 in a research report on Friday, October 24th. Tigress Financial raised their price objective on shares of Intel from $45.00 to $52.00 and gave the stock a “buy” rating in a report on Tuesday, November 4th. Finally, Susquehanna boosted their target price on shares of Intel from $31.00 to $35.00 and gave the company a “neutral” rating in a report on Friday, October 24th. Two equities research analysts have rated the stock with a Buy rating, twenty-four have issued a Hold rating and eight have given a Sell rating to the company. According to data from MarketBeat, Intel has an average rating of “Reduce” and an average target price of $34.84.

Intel Stock Performance

Shares of INTC opened at $36.20 on Friday. Intel Corporation has a 12-month low of $17.67 and a 12-month high of $44.02. The company has a current ratio of 1.60, a quick ratio of 1.25 and a debt-to-equity ratio of 0.38. The company has a market cap of $172.93 billion, a PE ratio of 3,623.62 and a beta of 1.34. The stock has a 50-day moving average price of $37.99 and a 200-day moving average price of $29.91.

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

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.