Keudell Morrison Wealth Management Buys New Stake in Intel Corporation $INTC

Keudell Morrison Wealth Management bought a new stake in Intel Corporation (NASDAQ:INTC) during the fourth quarter, according to its most recent filing with the SEC. The firm bought 24,587 shares of the chip maker’s stock, valued at approximately $907,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Vanguard Group Inc. boosted its holdings in Intel by 3.5% in the 4th quarter. Vanguard Group Inc. now owns 404,522,308 shares of the chip maker’s stock valued at $14,926,873,000 after purchasing an additional 13,692,624 shares during the period. Capital World Investors boosted its holdings in Intel by 32.5% in the 3rd quarter. Capital World Investors now owns 86,503,121 shares of the chip maker’s stock valued at $2,902,180,000 after purchasing an additional 21,230,715 shares during the period. Van ECK Associates Corp boosted its holdings in Intel by 18.3% in the 3rd quarter. Van ECK Associates Corp now owns 55,521,741 shares of the chip maker’s stock valued at $1,862,755,000 after purchasing an additional 8,569,812 shares during the period. Invesco Ltd. boosted its holdings in Intel by 0.7% in the 3rd quarter. Invesco Ltd. now owns 47,658,924 shares of the chip maker’s stock valued at $1,598,957,000 after purchasing an additional 312,485 shares during the period. Finally, Legal & General Group Plc boosted its holdings in Intel by 0.9% in the 3rd quarter. Legal & General Group Plc now owns 33,589,413 shares of the chip maker’s stock valued at $1,126,925,000 after purchasing an additional 288,828 shares during the period. 64.53% of the stock is currently owned by institutional investors and hedge funds.

Trending Headlines about Intel

Here are the key news stories impacting Intel this week:

• Positive Sentiment: Reports that Intel is exploring a possible acquisition of Tenstorrent lifted sentiment, as the deal could strengthen Intel’s AI and RISC-V capabilities and expand its competitive position in data center chips. Intel shares rise on reports of possible Tenstorrent acquisition talks
• Positive Sentiment: Intel is also being helped by a broader semiconductor rebound ahead of Nvidia earnings, with investors rotating into chip stocks and signaling renewed confidence in the group. Intel Pushes PC Makers Toward Latest Chips, Wedbush Says
• Positive Sentiment: Several pieces highlighted Intel’s sharp rally and said institutional capital is moving into foundational semiconductor names, suggesting the market is rewarding Intel’s turnaround story and AI exposure. Silicon Shake-Up: The AI Trade Is Moving Beyond NVIDIA
• Neutral Sentiment: Intel CEO Lip-Bu Tan said the company is building a “new Intel” with faster decision-making and flatter management, which reinforces the turnaround narrative but does not yet change fundamentals by itself. Intel CEO Is Building A ‘New Intel’ That Works At ‘Speed Of Light’
• Negative Sentiment: Some market commentary suggests Intel’s recent surge may have already priced in much of the turnaround, with one note calling the stock a hold and another pointing to valuation pressure after a huge year-to-date run. Intel Takes Aim at Tenstorrent, Intel Stock (NASDAQ:INTC) Slips

Intel Trading Down 0.4%

Shares of INTC stock opened at $118.50 on Friday. Intel Corporation has a 12-month low of $18.97 and a 12-month high of $132.75. The company has a market capitalization of $595.58 billion, a P/E ratio of -191.13 and a beta of 2.18. The firm has a 50-day moving average price of $73.01 and a 200 day moving average price of $52.98. The company has a quick ratio of 1.85, a current ratio of 2.31 and a debt-to-equity ratio of 0.34.

Intel (NASDAQ:INTC) last announced its earnings results on Thursday, April 23rd. The chip maker reported $0.29 earnings per share for the quarter, topping analysts’ consensus estimates 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 company had revenue of $13.58 billion during the quarter, compared to the consensus estimate of $12.32 billion. During the same period in the previous year, the firm posted $0.13 earnings per share. The company’s revenue was up 7.4% on a year-over-year basis. Intel has set its Q2 2026 guidance at 0.200-0.200 EPS. Research analysts forecast that Intel Corporation will post 0.63 earnings per share for the current fiscal year.

Insider Activity at Intel

In other news, EVP Boise April Miller sold 40,256 shares of Intel stock in a transaction that occurred on Friday, May 1st. The shares were sold at an average price of $99.53, for a total transaction of $4,006,679.68. Following the completion of the sale, the executive vice president owned 105,077 shares in the company, valued at $10,458,313.81. The trade was a 27.70% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 0.05% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

A number of analysts have weighed in on the stock. Needham & Company LLC reissued a “hold” rating on shares of Intel in a report on Friday, January 23rd. Wall Street Zen raised shares of Intel from a “hold” rating to a “buy” rating in a report on Saturday, May 2nd. Citigroup raised their price objective on shares of Intel from $95.00 to $130.00 and gave the stock a “buy” rating in a report on Monday. DA Davidson raised their price objective on shares of Intel from $45.00 to $77.00 and gave the stock a “neutral” rating in a report on Friday, April 24th. Finally, Royal Bank Of Canada reaffirmed a “neutral” rating and set a $80.00 price objective on shares of Intel in a report on Monday, May 4th. One analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating, twenty-five have issued a Hold rating and four have issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $81.52.

About Intel

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.