Intel Corporation $INTC Shares Purchased by Healthcare of Ontario Pension Plan Trust Fund

Healthcare of Ontario Pension Plan Trust Fund increased its holdings in shares of Intel Corporation (NASDAQ:INTC) by 164.7% during the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 4,462,861 shares of the chip maker’s stock after purchasing an additional 2,777,043 shares during the quarter. Healthcare of Ontario Pension Plan Trust Fund’s holdings in Intel were worth $196,946,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. Demars Financial Group LLC increased its stake in shares of Intel by 1.7% during the 1st quarter. Demars Financial Group LLC now owns 7,675 shares of the chip maker’s stock valued at $339,000 after acquiring an additional 125 shares during the last quarter. Human Investing LLC lifted its holdings in shares of Intel by 0.9% during the 1st quarter. Human Investing LLC now owns 14,525 shares of the chip maker’s stock worth $641,000 after acquiring an additional 126 shares during the period. Raleigh Capital Management Inc. boosted its position in shares of Intel by 15.9% in the first quarter. Raleigh Capital Management Inc. now owns 924 shares of the chip maker’s stock worth $41,000 after acquiring an additional 127 shares during the last quarter. Angeles Wealth Management LLC boosted its position in shares of Intel by 0.7% in the first quarter. Angeles Wealth Management LLC now owns 19,107 shares of the chip maker’s stock worth $843,000 after acquiring an additional 134 shares during the last quarter. Finally, Signature Resources Capital Management LLC grew its holdings in Intel by 21.5% in the first quarter. Signature Resources Capital Management LLC now owns 831 shares of the chip maker’s stock valued at $37,000 after purchasing an additional 147 shares during the period. 64.53% of the stock is owned by institutional investors and hedge funds.

More Intel News

Here are the key news stories impacting Intel this week:

• Positive Sentiment: Intel beat Q2 expectations with EPS of $0.42 versus $0.21 expected and revenue of $16.13 billion versus $14.43 billion, marking its fastest revenue growth in more than 15 years. Reuters article
• Positive Sentiment: Intel’s Q3 guidance topped estimates, signaling management sees continued momentum from AI-related server-chip demand and improving foundry execution. CNBC article
• Positive Sentiment: Analysts and media coverage highlighted stronger data-center and AI demand, along with early progress in Intel’s foundry business and 18A manufacturing roadmap. MarketWatch/Fool article

Intel Stock Down 7.9%

INTC opened at $92.32 on Friday. Intel Corporation has a 1 year low of $18.97 and a 1 year high of $142.35. The firm has a 50 day moving average price of $115.84 and a 200 day moving average price of $78.07. 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 company has a market cap of $464.00 billion, a PE ratio of -43.75 and a beta of 2.18.

Intel (NASDAQ:INTC) last announced its quarterly earnings results on Thursday, July 23rd. The chip maker reported $0.42 earnings per share for the quarter, beating analysts’ consensus estimates of $0.21 by $0.21. Intel had a negative net margin of 19.79% and a positive return on equity of 2.52%. The firm had revenue of $16.13 billion for the quarter, compared to analysts’ expectations of $14.43 billion. During the same period in the previous year, the company posted ($0.10) earnings per share. Intel’s revenue was up 25.2% compared to the same quarter last year. Intel has set its Q3 2026 guidance at 0.380-0.380 EPS. Sell-side analysts expect that Intel Corporation will post 0.65 earnings per share for the current year.

Insider Activity at Intel

In other news, EVP Boise April Miller sold 40,256 shares of the firm’s stock in a transaction on Friday, May 1st. The shares were sold at an average price of $99.53, for a total value of $4,006,679.68. Following the transaction, the executive vice president owned 105,077 shares of the company’s stock, valued at approximately $10,458,313.81. This trade represents a 27.70% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Corporate insiders own 0.05% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts recently commented on INTC shares. Zacks Research raised shares of Intel from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, June 23rd. DZ Bank upgraded shares of Intel from a “sell” rating to a “neutral” rating in a report on Friday, April 24th. Needham & Company LLC reissued a “hold” rating on shares of Intel in a research note on Friday. New Street Research upped their price objective on Intel from $100.00 to $122.00 in a report on Friday, June 26th. Finally, Citigroup raised Intel from a “positive” rating to a “buy” rating in a research report on Thursday. Two analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating, twenty-nine have assigned a Hold rating and three have issued a Sell rating to the stock. Based on data from MarketBeat, the company has an average rating of “Hold” and a consensus price target of $107.67.

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.