Assenagon Asset Management S.A. Grows Stock Position in Intel Corporation $INTC

Assenagon Asset Management S.A. raised its position in shares of Intel Corporation (NASDAQ:INTC) by 45.5% during the second quarter, HoldingsChannel reports. The firm owned 16,151,467 shares of the chip maker’s stock after purchasing an additional 5,053,424 shares during the period. Intel makes up approximately 2.8% of Assenagon Asset Management S.A.’s holdings, making the stock its 7th biggest holding. Assenagon Asset Management S.A.’s holdings in Intel were worth $2,255,229,000 as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. iA Global Asset Management Inc. boosted its position in Intel by 17.0% during the fourth quarter. iA Global Asset Management Inc. now owns 593,043 shares of the chip maker’s stock valued at $21,883,000 after buying an additional 86,189 shares during the period. Whalerock Point Partners LLC purchased a new position in shares of Intel in the fourth quarter worth about $205,000. Heritage Investment Group Inc. bought a new stake in shares of Intel in the 4th quarter valued at about $219,000. Dixon Mitchell Investment Counsel Inc. bought a new stake in shares of Intel in the 4th quarter valued at about $185,000. Finally, Northwestern Mutual Wealth Management Co. boosted its holdings in Intel by 5.7% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 255,261 shares of the chip maker’s stock valued at $9,419,000 after acquiring an additional 13,858 shares during the period. Institutional investors own 64.53% of the company’s stock.

Intel Price Performance

INTC opened at $99.81 on Friday. The company has a debt-to-equity ratio of 0.47, a quick ratio of 1.25 and a current ratio of 1.60. Intel Corporation has a 52-week low of $19.60 and a 52-week high of $142.35. The stock has a market capitalization of $503.44 billion, a PE ratio of -47.30 and a beta of 2.22. The stock’s 50 day moving average price is $111.27 and its 200-day moving average price is $81.37.

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 during the quarter, compared to analysts’ expectations of $14.43 billion. During the same period last year, the company posted ($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. On average, equities research analysts predict that Intel Corporation will post 1.01 EPS for the current year.

Analyst Ratings Changes

INTC has been the topic of several recent research reports. Northland Securities lowered Intel from an “outperform” rating to a “market perform” rating in a research report on Tuesday, May 26th. Benchmark increased their price objective on Intel from $105.00 to $140.00 and gave the company a “buy” rating in a research note on Monday, May 18th. Deutsche Bank Aktiengesellschaft restated a “hold” rating and issued a $100.00 target price on shares of Intel in a report on Tuesday, May 12th. Barclays lifted their target price on shares of Intel from $65.00 to $100.00 and gave the stock an “equal weight” rating in a research note on Monday, June 1st. Finally, KGI Securities cut shares of Intel from an “outperform” rating to a “neutral” rating and set a $71.00 price target for the company. in a research report on Monday, April 20th. One analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, thirty-two have issued a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat.com, Intel currently has a consensus rating of “Hold” and a consensus target price of $107.93.

Trending Headlines about Intel

Here are the key news stories impacting Intel this week:

• Positive Sentiment: Intel’s turnaround is showing tangible progress: second-quarter revenue rose roughly 25% year over year to $16.1 billion, while improving 18A manufacturing yields, narrowing foundry losses and stronger AI-related demand support the company’s recovery strategy. Management’s higher capital spending reportedly reflects customer commitments and planned capacity expansion. Intel’s Turnaround Entered a New Phase
• Positive Sentiment: SoftBank’s quarterly results highlighted an approximately $8.2 billion gain tied largely to its Intel investment, reinforcing market confidence in Intel’s recent appreciation and its role in the AI-chip investment cycle. SoftBank earnings exceed expectations
• Positive Sentiment: AI infrastructure continues to drive demand for semiconductor funds that include Intel, supporting sector-wide momentum and investor interest in the company’s data-center and foundry opportunities. AI infrastructure trade powers leveraged ETFs
• Neutral Sentiment: Analysts and market commentary remain divided: Intel’s improving execution and potential external foundry customers are encouraging, but the company still must prove it can compete with Taiwan Semiconductor Manufacturing in leading-edge manufacturing. Inside Intel
• Negative Sentiment: Reports of a new CPU-level attack are weighing on sentiment because they raise concerns about processor security, potential remediation costs and reputational risk for Intel. Intel stock slips on CPU-level attack report
• Negative Sentiment: Investors are also taking profits after a sharp multi-month advance, while Daiwa Securities downgraded Intel from “strong buy” to “hold.” Elevated expectations increase the risk of further volatility if execution or foundry customer announcements disappoint. Semiconductor rally report

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.