Meyer Handelman Co. Trims Stake in Intel Corporation $INTC

Meyer Handelman Co. reduced its stake in Intel Corporation (NASDAQ:INTC) by 22.9% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 40,660 shares of the chip maker’s stock after selling 12,045 shares during the period. Meyer Handelman Co.’s holdings in Intel were worth $1,500,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of INTC. Capital World Investors grew its holdings in shares of Intel by 32.5% during the 3rd quarter. Capital World Investors now owns 86,503,121 shares of the chip maker’s stock worth $2,902,180,000 after acquiring an additional 21,230,715 shares during the period. AQR Capital Management LLC boosted its position in shares of Intel by 210.9% during the second quarter. AQR Capital Management LLC now owns 15,498,219 shares of the chip maker’s stock valued at $346,230,000 after purchasing an additional 10,514,007 shares in the last quarter. Van ECK Associates Corp boosted its position in shares of Intel by 18.3% during the third quarter. Van ECK Associates Corp now owns 55,521,741 shares of the chip maker’s stock valued at $1,862,755,000 after purchasing an additional 8,569,812 shares in the last quarter. Rafferty Asset Management LLC grew its stake in Intel by 66.4% in the second quarter. Rafferty Asset Management LLC now owns 19,396,839 shares of the chip maker’s stock worth $434,489,000 after purchasing an additional 7,736,635 shares during the period. Finally, SG Americas Securities LLC grew its stake in Intel by 204.0% in the fourth quarter. SG Americas Securities LLC now owns 3,529,816 shares of the chip maker’s stock worth $130,250,000 after purchasing an additional 6,922,972 shares during the period. 64.53% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several brokerages have commented on INTC. Melius Research raised Intel from a “hold” rating to a “buy” rating and set a $50.00 price objective for the company in a research report on Monday, January 5th. Barclays set a $45.00 target price on shares of Intel in a research report on Thursday, January 15th. UBS Group set a $51.00 price target on shares of Intel in a research report on Monday, February 2nd. Wedbush reissued a “neutral” rating and set a $30.00 price objective on shares of Intel in a research note on Tuesday, January 20th. Finally, Wall Street Zen upgraded shares of Intel from a “sell” rating to a “hold” rating in a report on Sunday, March 8th. Five analysts have rated the stock with a Buy rating, twenty-six have issued a Hold rating and six have given a Sell rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Reduce” and a consensus price target of $45.74.

Intel Price Performance

INTC opened at $44.13 on Wednesday. The company’s 50-day simple moving average is $46.22 and its two-hundred day simple moving average is $40.69. The company has a debt-to-equity ratio of 0.35, a quick ratio of 1.65 and a current ratio of 2.02. The stock has a market capitalization of $220.43 billion, a P/E ratio of -551.56, a P/E/G ratio of 17.65 and a beta of 1.37. Intel Corporation has a 52-week low of $17.67 and a 52-week high of $54.60.

Intel (NASDAQ:INTC) last announced its quarterly earnings results on Thursday, January 22nd. The chip maker reported $0.15 EPS for the quarter, topping analysts’ consensus estimates of $0.08 by $0.07. Intel had a negative net margin of 0.51% and a negative return on equity of 0.44%. The firm had revenue of $13.67 billion during the quarter, compared to analyst estimates of $13.37 billion. During the same period in the previous year, the business posted $0.13 earnings per share. The business’s revenue for the quarter was down 4.2% on a year-over-year basis. Intel has set its Q1 2026 guidance at 0.000-0.000 EPS. As a group, analysts predict that Intel Corporation will post -0.11 EPS for the current year.

Key Intel News

Here are the key news stories impacting Intel this week:

• Positive Sentiment: Intel was portrayed as beating Arm to the punch on a high-profile AI/processor point, a narrative that traders viewed as a competitive win and helped lift the stock. Intel Stock (NASDAQ:INTC) Blasts Up as Intel Beats ARM to the Punch
• Positive Sentiment: Industry analysis from recent conferences highlights CPUs as an emerging bottleneck for agentic AI workloads — a structural tailwind for CPU suppliers like Intel if they can execute and capture data-center demand. GPUs Built the Boom, But the Next Great AI Stocks Aren’t What You Think
• Neutral Sentiment: Intel announced it will report Q1 2026 results soon — a near-term catalyst that can reinforce or reverse today’s move depending on revenue, margin and foundry updates. Intel to Report First-Quarter 2026 Financial Results
• Neutral Sentiment: Analyst write-ups are mixed: some raise the fair-value case tied to advanced packaging and potential data-center upside, while others flag full expectations and execution risk — leaving the price target picture largely unchanged for now. How The Intel (INTC) Narrative Is Shifting With Advanced Packaging And Data Center Uncertainty
• Negative Sentiment: Concerns resurfaced after reports that Intel’s IBOT (Binary Optimization Tool) was “road tested,” sparking doubts about certain optimization claims and contributing to prior intraday weakness — a reminder of execution and product-risk sensitivity. Intel Stock (NASDAQ:INTC) Plunges as IBOT Gets Road Tested
• Negative Sentiment: Broader sector commentary and comparisons with AMD highlight continuing foundry losses, margin pressure and competitive risks — themes that could cap gains if Intel’s execution or foundry turnaround lags. AMD vs Intel: Which Stock Will Lead in 2026?

Insider Buying and Selling

In related news, EVP David Zinsner bought 5,882 shares of the business’s stock in a transaction on Monday, January 26th. The stock was acquired at an average price of $42.50 per share, with a total value of $249,985.00. Following the transaction, the executive vice president owned 247,392 shares in the company, valued at approximately $10,514,160. This trade represents a 2.44% increase in their position. The purchase was disclosed in a filing with the SEC, which is accessible through this link. Also, EVP Boise April Miller sold 20,000 shares of the business’s stock in a transaction on Monday, February 2nd. The shares were sold at an average price of $49.05, for a total transaction of $981,000.00. Following the sale, the executive vice president owned 113,060 shares of the company’s stock, valued at approximately $5,545,593. This represents a 15.03% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders own 0.04% of the company’s stock.

Intel Company 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.