OMERS ADMINISTRATION Corp Purchases 61,550 Shares of Intel Corporation $INTC

OMERS ADMINISTRATION Corp boosted its holdings in Intel Corporation (NASDAQ:INTC) by 63.0% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 159,187 shares of the chip maker’s stock after purchasing an additional 61,550 shares during the quarter. OMERS ADMINISTRATION Corp’s holdings in Intel were worth $7,025,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Vanguard Group Inc. grew its holdings in shares of Intel by 3.5% during the fourth quarter. Vanguard Group Inc. now owns 404,522,308 shares of the chip maker’s stock valued at $14,926,873,000 after buying an additional 13,692,624 shares during the last quarter. State Street Corp raised its holdings in shares of Intel by 2.8% in the 4th quarter. State Street Corp now owns 208,536,784 shares of the chip maker’s stock worth $7,695,007,000 after acquiring an additional 5,714,400 shares during the last quarter. Capital World Investors raised its holdings in shares of Intel by 20.3% in the 4th quarter. Capital World Investors now owns 104,060,268 shares of the chip maker’s stock worth $3,839,833,000 after acquiring an additional 17,557,147 shares during the last quarter. Geode Capital Management LLC lifted its position in Intel by 3.2% in the 4th quarter. Geode Capital Management LLC now owns 101,931,512 shares of the chip maker’s stock valued at $3,744,406,000 after acquiring an additional 3,124,798 shares in the last quarter. Finally, Morgan Stanley lifted its position in Intel by 20.4% in the 4th quarter. Morgan Stanley now owns 65,249,269 shares of the chip maker’s stock valued at $2,407,698,000 after acquiring an additional 11,056,090 shares in the last quarter. Institutional investors own 64.53% of the company’s stock.

Wall Street Analyst Weigh In

INTC has been the subject of a number of recent research reports. Northland Securities lowered Intel from an “outperform” rating to a “market perform” rating in a report on Tuesday, May 26th. Wall Street Zen upgraded Intel from a “hold” rating to a “buy” rating in a report on Saturday, July 18th. Wolfe Research began coverage on Intel in a report on Thursday, June 11th. They issued a “peer perform” rating on the stock. Oppenheimer started coverage on Intel in a research report on Thursday, June 11th. They set an “outperform” rating on the stock. Finally, Seaport Research Partners reiterated a “buy” rating and set a $125.00 price target on shares of Intel in a report on Friday. Two research analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating, twenty-nine have given a Hold rating and three have issued a Sell rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $107.67.

Insider Activity at Intel

In related news, EVP Boise April Miller sold 40,256 shares of Intel stock in a transaction on Friday, May 1st. The stock was sold at an average price of $99.53, for a total transaction 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. This trade represents a 27.70% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Insiders own 0.05% of the company’s stock.

Intel Stock Performance

Shares of INTC stock opened at $92.32 on Monday. The company has a debt-to-equity ratio of 0.47, a quick ratio of 1.25 and a current ratio of 1.60. The company has a market capitalization of $464.00 billion, a price-to-earnings ratio of -43.75 and a beta of 2.18. Intel Corporation has a 52-week low of $18.97 and a 52-week high of $142.35. The company has a 50-day simple moving average of $115.84 and a two-hundred day simple moving average of $78.35.

Intel (NASDAQ:INTC) last posted its earnings results on Thursday, July 23rd. The chip maker reported $0.42 EPS for the quarter, topping the consensus estimate of $0.21 by $0.21. Intel had a negative net margin of 19.79% and a positive return on equity of 2.62%. The firm had revenue of $16.13 billion for the quarter, compared to analysts’ expectations of $14.43 billion. During the same quarter last year, the firm earned ($0.10) EPS. The company’s quarterly 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. Research analysts anticipate that Intel Corporation will post 0.65 EPS for the current fiscal year.

Key Headlines Impacting Intel

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 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.