Pacer Advisors Inc. Raises Stock Holdings in Intel Corporation $INTC

Pacer Advisors Inc. lifted its stake in Intel Corporation (NASDAQ:INTC) by 22.4% during the 4th quarter, Holdings Channel reports. The institutional investor owned 1,173,761 shares of the chip maker’s stock after purchasing an additional 214,497 shares during the quarter. Pacer Advisors Inc.’s holdings in Intel were worth $43,312,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds also recently made changes to their positions in the stock. Financially Speaking Inc raised 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 acquiring an additional 279 shares during the period. Legacy Bridge LLC bought a new position in shares of Intel in the fourth quarter worth approximately $26,000. Raleigh Capital Management Inc. bought a new position in shares of Intel in the fourth quarter worth approximately $29,000. Swiss RE Ltd. purchased a new stake in shares of Intel in the fourth quarter worth $29,000. Finally, Provenance Wealth Advisors LLC increased its stake in shares of Intel by 89.2% in the third quarter. Provenance Wealth Advisors LLC now owns 946 shares of the chip maker’s stock worth $32,000 after purchasing an additional 446 shares in the last quarter. 64.53% of the stock is currently owned by institutional investors.

Intel Stock Performance

INTC opened at $133.99 on Friday. The company has a debt-to-equity ratio of 0.34, a quick ratio of 1.85 and a current ratio of 2.31. The stock has a market capitalization of $673.43 billion, a price-to-earnings ratio of -216.11 and a beta of 2.21. The company has a fifty day moving average of $102.59 and a 200 day moving average of $64.69. Intel Corporation has a fifty-two week low of $18.97 and a fifty-two week high of $135.48.

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

Insider Activity

In related news, EVP Boise April Miller sold 40,256 shares of the business’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 sale, the executive vice president directly owned 105,077 shares in the company, valued at approximately $10,458,313.81. The trade was a 27.70% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 0.05% of the company’s stock.

Key Intel News

Here are the key news stories impacting Intel this week:

• Positive Sentiment: Trump’s comments that Apple has agreed to work with Intel on U.S. chip design and production sparked a strong rally, with investors seeing the potential for a high-profile foundry win and a major endorsement of Intel’s turnaround. Reuters: Trump says Apple to work with Intel to manufacture chips in US
• Positive Sentiment: Intel appointed Seok-Hee Lee, a former SK Hynix executive, to lead advanced packaging and back-end foundry manufacturing, which could improve execution in a critical growth area. Reuters: Intel taps industry veteran Seok-Hee Lee
• Positive Sentiment: Intel Foundry said its 18A-P process entered risk production, a milestone that supports the company’s roadmap and strengthens the case for a manufacturing recovery. Yahoo Finance: Intel Foundry Advances Intel 18A-P Process to Risk Production
• Neutral Sentiment: Several opinion pieces and market commentary continue to debate whether Intel’s valuation has run ahead of fundamentals, suggesting expectations are now very high after the rally. 247WallSt: Analyst Warns Intel Valuation Doesn’t Make Sense
• Negative Sentiment: Some analysts remain cautious, arguing Intel’s recent price move may be pricing in too much too quickly and that execution risks remain before the turnaround is fully proven. Seeking Alpha: Intel the Re-Rating Has Gone Too Far

Analysts Set New Price Targets

A number of research analysts recently weighed in on the stock. Barclays lifted their target price on shares of Intel from $65.00 to $100.00 and gave the company an “equal weight” rating in a research note on Monday, June 1st. Arete Research raised their price target on Intel from $20.40 to $99.00 and gave the company a “neutral” rating in a report on Wednesday, June 10th. JPMorgan Chase & Co. boosted their price objective on Intel from $35.00 to $45.00 and gave the company an “underweight” rating in a research report on Friday, April 24th. Seaport Research Partners upped their price objective on Intel from $65.00 to $90.00 and gave the stock a “buy” rating in a research note on Friday, April 24th. Finally, DZ Bank upgraded Intel from a “sell” rating to a “neutral” rating in a research report on Friday, April 24th. One investment analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating, twenty-seven have given a Hold rating and four have issued a Sell rating to the stock. According to MarketBeat.com, Intel currently has an average rating of “Hold” and a consensus price target of $87.09.

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.