ABN Amro Investment Solutions Boosts Holdings in Intel Corporation $INTC

ABN Amro Investment Solutions boosted its holdings in Intel Corporation (NASDAQ:INTC) by 11.7% in the 1st quarter, HoldingsChannel reports. The firm owned 233,183 shares of the chip maker’s stock after purchasing an additional 24,384 shares during the quarter. ABN Amro Investment Solutions’ holdings in Intel were worth $10,290,000 at the end of the most recent reporting period.

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

Key Headlines Impacting Intel

Here are the key news stories impacting Intel this week:

• Positive Sentiment: Intel’s foundry business landed its first named outside customer under CEO Lip-Bu Tan, with Fortinet signing on to use Intel Foundry for its Security Processor 6 on Intel 4. The announcement also reinforced the idea that Intel is gaining traction in contract manufacturing. Intel’s foundry lands first named customer under CEO Lip-Bu Tan, as Fortinet signs on for security chips
• Positive Sentiment: Analyst and market commentary turned more constructive ahead of earnings, with reports citing stronger server demand, pricing gains, and a likely Q2 revenue beat. Several funds were also said to be buying Intel stock ahead of the results. Wedbush delivers bold verdict on Intel stock ahead of earnings
• Positive Sentiment: Intel also benefited from a broader chip rebound and optimism around AI demand, with several stories suggesting its turnaround, foundry efforts, and AI infrastructure exposure could support upside if Thursday’s report confirms momentum. Intel results test if AI-fueled rally has room to run
• Neutral Sentiment: There were also reports that Intel is seeking a partner for its Ohio chip fab, rather than selling it outright, and SK hynix quickly denied acquisition talks. That kept the rumor mill active but did not create a clear new strategic catalyst. Intel mulls partnership for Ohio chip fab, SK Hynix among candidates – report
• Negative Sentiment: Pressure remains from a sluggish PC market, high expectations after a huge year-to-date run, and reports of fresh data-center layoffs as CEO Lip-Bu Tan continues restructuring. Investors appear concerned that earnings may need to be very strong to justify the recent rally. Intel plans layoffs within its data center group

Wall Street Analyst Weigh In

A number of equities research analysts recently commented on the company. Mizuho set a $135.00 target price on Intel in a research report on Sunday, June 21st. Wells Fargo & Company boosted their price target on shares of Intel from $85.00 to $110.00 and gave the stock an “equal weight” rating in a research report on Monday, June 1st. New Street Research upped their price target on shares of Intel from $100.00 to $122.00 in a research note on Friday, June 26th. Wolfe Research initiated coverage on shares of Intel in a research report on Thursday, June 11th. They set a “peer perform” rating for the company. Finally, JPMorgan Chase & Co. lifted their price objective on shares of Intel from $35.00 to $45.00 and gave the stock an “underweight” rating in a research note on Friday, April 24th. Two equities research analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, twenty-nine have given a Hold rating and three have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $102.77.

Intel Stock Down 2.7%

NASDAQ INTC opened at $102.62 on Thursday. The company has a quick ratio of 1.85, a current ratio of 2.31 and a debt-to-equity ratio of 0.34. Intel Corporation has a 52 week low of $18.97 and a 52 week high of $142.35. The firm has a market capitalization of $515.77 billion, a price-to-earnings ratio of -165.51 and a beta of 2.18. The company has a fifty day moving average of $116.48 and a two-hundred day moving average of $77.54.

Intel (NASDAQ:INTC) last announced its earnings results on Thursday, April 23rd. The chip maker reported $0.29 earnings per share for the quarter, beating the consensus estimate of $0.01 by $0.28. Intel had a negative net margin of 5.90% and a positive return on equity of 0.39%. The business had revenue of $13.58 billion for the quarter, compared to the consensus estimate of $12.32 billion. During the same quarter in the prior year, the firm posted $0.13 earnings per share. The business’s revenue for the quarter was up 7.4% on a year-over-year basis. On average, analysts predict that Intel Corporation will post 0.65 earnings per share for the current year.

Insider Activity

In other news, EVP Boise April Miller sold 40,256 shares of the company’s stock in a transaction that occurred 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 transaction, the executive vice president owned 105,077 shares of the company’s stock, valued at approximately $10,458,313.81. This represents a 27.70% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. 0.05% of the stock is owned by company insiders.

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.