OMERS ADMINISTRATION Corp Invests $222.08 Million in Intel Corporation $INTC

OMERS ADMINISTRATION Corp purchased a new stake in Intel Corporation (NASDAQ:INTC) during the second quarter, according to its most recent filing with the SEC. The firm purchased 1,590,519 shares of the chip maker’s stock, valued at approximately $222,084,000. Intel accounts for approximately 1.3% of OMERS ADMINISTRATION Corp’s portfolio, making the stock its 18th largest position.

Other institutional investors have also added to or reduced their stakes in the company. Financially Speaking Inc boosted its holdings in Intel by 69.2% during the fourth quarter. Financially Speaking Inc now owns 682 shares of the chip maker’s stock worth $25,000 after purchasing an additional 279 shares during the last quarter. Financial Life Planners bought a new position in Intel in the 1st quarter valued at about $25,000. Glynn Capital Management LLC acquired a new stake in shares of Intel during the second quarter worth $29,000. Knuff & Co LLC acquired a new stake in Intel during the second quarter worth approximately $29,000. Finally, Swiss RE Ltd. bought a new stake in shares of Intel during the 4th quarter worth approximately $29,000. 64.53% of the stock is owned by institutional investors.

Intel Price Performance

Shares of INTC opened at $88.97 on Wednesday. Intel Corporation has a twelve month low of $23.68 and a twelve month high of $142.35. The firm has a 50 day moving average of $102.74 and a 200 day moving average of $87.23. The company has a quick ratio of 1.25, a current ratio of 1.60 and a debt-to-equity ratio of 0.47. The company has a market capitalization of $448.76 billion, a P/E ratio of -42.17, a price-to-earnings-growth ratio of 9.88 and a beta of 2.22.

Intel (NASDAQ:INTC) last released its quarterly earnings results on Thursday, July 23rd. The chip maker reported $0.42 EPS for the quarter, beating 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 analyst estimates of $14.43 billion. During the same quarter in the prior year, the firm earned ($0.10) EPS. The business’s revenue for the quarter was up 25.2% compared to the same quarter last year. Intel has set its Q3 2026 guidance at 0.380-0.380 EPS. As a group, equities research analysts anticipate that Intel Corporation will post 1.01 earnings per share for the current fiscal year.

Insiders Place Their Bets

In related news, CEO Lip Bu Tan bought 105,263 shares of the business’s stock in a transaction that occurred on Tuesday, August 11th. The stock was bought at an average cost of $95.00 per share, with a total value of $9,999,985.00. Following the completion of the purchase, the chief executive officer owned 1,314,669 shares of the company’s stock, valued at approximately $124,893,555. The trade was a 8.70% increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available through this hyperlink. 0.05% of the stock is owned by insiders.

Analyst Ratings Changes

Several research firms have recently weighed in on INTC. TD Cowen boosted their price target on Intel from $75.00 to $115.00 and gave the stock a “hold” rating in a report on Monday, July 13th. Stifel Nicolaus decreased their price target on Intel from $120.00 to $110.00 and set a “hold” rating for the company in a report on Friday, July 24th. Sanford C. Bernstein reaffirmed a “market perform” rating and issued a $110.00 price objective on shares of Intel in a research report on Monday, July 27th. Cantor Fitzgerald dropped their price target on shares of Intel from $150.00 to $125.00 and set a “neutral” rating on the stock in a research note on Friday, July 24th. Finally, Daiwa Securities Group cut Intel from a “strong-buy” rating to a “hold” rating in a report on Tuesday, August 4th. One analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, thirty-one have given a Hold rating and three have issued a Sell rating to the stock. According to MarketBeat, the company has an average rating of “Hold” and a consensus price target of $107.46.

Key Stories Impacting Intel

Here are the key news stories impacting Intel this week:

• Positive Sentiment: Intel CEO Lip-Bu Tan reportedly purchased approximately $10 million of company stock, a transaction investors may view as a sign of management confidence in the foundry recovery and long-term strategy. CEO Lip-Bu Tan Just Gave 12 Million Reasons to Buy Intel Stock
• Positive Sentiment: Commentary continues to highlight potential foundry contracts, advanced packaging and high-bandwidth-memory opportunities. A possible relationship with SK Hynix had fueled optimism that Intel could attract a major external customer, although the report was subsequently denied by SK Hynix. Intel Stock Notches Up as SK Hynix Considers New Deal
• Positive Sentiment: A partnership expansion with Kasm Technologies supports private, on-premises AI inference using Intel Xeon 6 processors, reinforcing Intel’s opportunity in regulated markets where customers want data to remain within corporate networks. Intel’s Privacy-Focused AI and Foundry Momentum

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.