Glenmede Trust Co. NA Trims Stock Position in Intel Corporation $INTC

Glenmede Trust Co. NA trimmed its position in Intel Corporation (NASDAQ:INTC) by 6.9% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 805,153 shares of the chip maker’s stock after selling 59,489 shares during the quarter. Glenmede Trust Co. NA’s holdings in Intel were worth $35,531,000 as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in INTC. iA Global Asset Management Inc. grew its position in Intel by 17.0% in the 4th quarter. iA Global Asset Management Inc. now owns 593,043 shares of the chip maker’s stock valued at $21,883,000 after acquiring an additional 86,189 shares in the last quarter. Whalerock Point Partners LLC purchased a new position in shares of Intel in the fourth quarter valued at approximately $205,000. Heritage Investment Group Inc. purchased a new position in shares of Intel in the fourth quarter valued at approximately $219,000. Dixon Mitchell Investment Counsel Inc. acquired a new position in shares of Intel in the fourth quarter valued at approximately $185,000. Finally, Northwestern Mutual Wealth Management Co. grew its holdings in shares of Intel by 5.7% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 255,261 shares of the chip maker’s stock valued at $9,419,000 after purchasing an additional 13,858 shares in the last quarter. Hedge funds and other institutional investors own 64.53% of the company’s stock.

Intel Price Performance

Intel stock opened at $90.20 on Friday. The company has a current ratio of 1.60, a quick ratio of 1.25 and a debt-to-equity ratio of 0.47. The company has a fifty day simple moving average of $113.14 and a 200-day simple moving average of $79.70. The stock has a market cap of $454.97 billion, a P/E ratio of -42.75 and a beta of 2.18. Intel Corporation has a 12-month low of $18.97 and a 12-month high of $142.35.

Intel (NASDAQ:INTC) last posted its 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 positive return on equity of 2.62% and a negative net margin of 19.79%.The firm had revenue of $16.13 billion for the quarter, compared to analyst estimates of $14.43 billion. During the same quarter in the prior year, the company posted ($0.10) earnings per share. Intel’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. Equities analysts expect that Intel Corporation will post 1.01 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

INTC has been the topic of a number of research reports. Raymond James Financial upgraded shares of Intel from a “hold” rating to a “moderate buy” rating in a report on Tuesday, April 21st. Royal Bank Of Canada reiterated a “sector perform” rating on shares of Intel in a research note on Tuesday, July 21st. HC Wainwright set a $150.00 target price on Intel in a research note on Monday, June 29th. DA Davidson boosted their target price on Intel from $77.00 to $100.00 and gave the stock a “neutral” rating in a research note on Friday, July 24th. Finally, Tigress Financial upped their price target on Intel from $66.00 to $118.00 and gave the stock a “buy” rating in a report on Thursday, April 30th. Two equities research analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating, twenty-nine have assigned a Hold rating and three have assigned a Sell rating to the company’s stock. According to MarketBeat, the company has an average rating of “Hold” and a consensus target price of $107.93.

Key Intel News

Here are the key news stories impacting Intel this week:

• Positive Sentiment: Potential Apple supply opportunity: Melius suggested Apple could use Intel alongside its primary processor supplier to reduce manufacturing risk. A win with Apple would strengthen Intel’s foundry ambitions and provide a high-profile customer opportunity. Intel Stock Rises as Analyst Sees Apple Supply Opportunity
• Positive Sentiment: AI spending and sector inflows are lifting sentiment: Strong Microsoft and Amazon results renewed confidence in cloud and AI infrastructure spending, helping semiconductor stocks recover. Semiconductor ETFs also attracted substantial new cash this week, creating broader buying support for chip names including Intel. Semiconductor ETFs Draw Cash This Week as Chip Stocks Rally
• Positive Sentiment: Bullish commentary and earnings momentum: Jim Cramer argued that Intel belongs near $110 and said forced selling by the Situational Awareness hedge fund exaggerated the post-earnings decline. Intel’s latest quarterly results also exceeded consensus estimates, with revenue rising more than 25% year over year, while investors continue to focus on its restructuring and improving data-center business. Jim Cramer Says INTC Stock Belongs at $110
• Neutral Sentiment: Technical recovery remains uncertain: Intel has stabilized after a sharp earnings-related selloff, but technical resistance is identified around $98–$102. The stock’s elevated volatility means the rebound could remain susceptible to further reversals. Intel Stock Reclaims Momentum Near Key Resistance
• Negative Sentiment: TSMC is challenging Intel’s packaging advantage: Taiwan Semiconductor is reportedly developing technology similar to Intel’s EMIB advanced packaging, potentially weakening a key differentiator as Nvidia evaluates packaging options. This raises competitive concerns for Intel’s foundry and AI strategy. TSMC Developing Advanced Chip Packaging Technology
• Negative Sentiment: Expectations and valuation risk remain high: After the rebound, investors are demanding evidence that Intel can sustain AI-related growth and execute its costly turnaround. Analysts remain divided, and the company’s negative net margin and ongoing restructuring add to concerns about near-term profitability.

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.