Meyer Handelman Co. Sells 24,212 Shares of Intel Corporation $INTC

Meyer Handelman Co. trimmed its holdings in Intel Corporation (NASDAQ:INTC) by 31.5% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 52,705 shares of the chip maker’s stock after selling 24,212 shares during the period. Meyer Handelman Co.’s holdings in Intel were worth $1,768,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in INTC. HBW Advisory Services LLC acquired a new stake in Intel during the 3rd quarter valued at $224,000. CMG Global Holdings LLC bought a new position in shares of Intel in the third quarter valued at about $276,000. Orange Investment Advisors Inc. acquired a new stake in shares of Intel during the 3rd quarter worth about $213,000. PFS Partners LLC boosted its holdings in shares of Intel by 17.9% during the 3rd quarter. PFS Partners LLC now owns 4,890 shares of the chip maker’s stock worth $164,000 after buying an additional 743 shares during the period. Finally, Highland Capital Management LLC acquired a new position in Intel in the 3rd quarter valued at about $289,000. 64.53% of the stock is currently owned by institutional investors.

Intel Trading Up 0.1%

INTC opened at $36.20 on Friday. The company has a debt-to-equity ratio of 0.38, a current ratio of 1.60 and a quick ratio of 1.25. Intel Corporation has a fifty-two week low of $17.67 and a fifty-two week high of $44.02. The company’s 50 day moving average price is $37.99 and its two-hundred day moving average price is $29.91. The firm has a market capitalization of $172.93 billion, a price-to-earnings ratio of 3,623.62 and a beta of 1.34.

Intel (NASDAQ:INTC) last issued its quarterly earnings data on Thursday, October 23rd. The chip maker reported $0.23 earnings per share (EPS) for the quarter. Intel had a negative return on equity of 0.75% and a net margin of 0.37%.The company had revenue of $13.65 billion during the quarter, compared to the consensus estimate of $13.10 billion. During the same period last year, the company earned ($0.46) earnings per share. The firm’s revenue was up 3.0% compared to the same quarter last year. Intel has set its Q4 2025 guidance at 0.080-0.080 EPS. As a group, research analysts predict that Intel Corporation will post -0.11 earnings per share for the current year.

Key Stores Impacting Intel

Here are the key news stories impacting Intel this week:

• Positive Sentiment: BofA raised its price target on Intel from $34 to $40 and highlighted opportunity in advanced packaging and Intel Foundry wins, which supports the company’s long-term foundry story and could bolster valuation if external customers follow through. BofA Sees Advanced Packaging Potential for Intel Foundry
• Positive Sentiment: Coverage noting Intel’s strong rally (roughly +80% YTD) underscores momentum and renewed investor confidence in Intel’s turnaround, which can attract momentum flows even as some analysts stay cautious. Intel Stock Is Up 80%+ YTD, But Wall Street Remains Cautious Into 2026
• Neutral Sentiment: Zacks reports heavy retail interest in INTC searches; increased attention raises liquidity and upside if sentiment stays positive, but search volume alone is not a catalyst for fundamentals. Investors Heavily Search Intel Corporation (INTC)
• Neutral Sentiment: Profiles and sector commentary (comparisons with ASML/TSMC and broader AI stock pieces) keep Intel in investor conversations around AI hardware, but these are competitive narratives rather than direct, immediate catalysts. Better Artificial Intelligence Stock: ASML vs. Taiwan Semiconductor
• Negative Sentiment: Reports that Nvidia paused testing of Intel’s 18A process are the primary near-term negative; they raise doubts about external validation of Intel’s cutting-edge node and dent foundry momentum, which triggered a notable intraday pullback in sentiment. Nvidia tested making chips with Intel’s 18A process, but stopped, Reuters says INTC stock crashes 2.5% as Nvidia pauses Intel 18A chip test
• Negative Sentiment: Ongoing Wall Street caution and coverage noting risks (manufacturing headwinds, competitive pressure from TSMC/Nvidia) mean analysts may keep conservative ratings despite higher price targets—this can cap upside until more customer commitments or technical validation arrive. Price Over Earnings Overview: Intel

Analyst Ratings Changes

Several equities analysts have recently commented on INTC shares. Rosenblatt Securities boosted their target price on shares of Intel from $14.00 to $25.00 and gave the company a “sell” rating in a research report on Friday, October 24th. Truist Financial boosted their price objective on shares of Intel from $21.00 to $39.00 and gave the company a “hold” rating in a report on Friday, October 24th. UBS Group raised their target price on shares of Intel from $35.00 to $40.00 and gave the stock a “neutral” rating in a report on Monday, October 6th. DZ Bank reiterated a “sell” rating on shares of Intel in a research report on Friday, October 24th. Finally, Wedbush boosted their price target on Intel from $19.00 to $20.00 and gave the company a “neutral” rating in a research note on Wednesday, October 22nd. Two equities research analysts have rated the stock with a Buy rating, twenty-four have issued a Hold rating and eight have assigned a Sell rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Reduce” and a consensus target price of $34.84.

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.