Retirement Systems of Alabama Grows Position in Intel Corporation $INTC

Retirement Systems of Alabama boosted its position in shares of Intel Corporation (NASDAQ:INTC) by 27.0% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,266,576 shares of the chip maker’s stock after buying an additional 269,492 shares during the period. Retirement Systems of Alabama’s holdings in Intel were worth $176,852,000 as of its most recent SEC filing.

Several other large investors have also modified their holdings of INTC. Ducere Wealth Management LLC purchased a new position in shares of Intel during the second quarter worth approximately $305,000. Victory Financial Group LLC increased its holdings in shares of Intel by 69.8% in the 2nd quarter. Victory Financial Group LLC now owns 8,966 shares of the chip maker’s stock valued at $1,252,000 after acquiring an additional 3,687 shares during the period. Banco Santander S.A. raised its position in Intel by 91.6% in the 2nd quarter. Banco Santander S.A. now owns 600,233 shares of the chip maker’s stock valued at $83,811,000 after purchasing an additional 286,977 shares during the last quarter. Harel Insurance Investments & Financial Services Ltd. boosted its stake in Intel by 586.3% during the 2nd quarter. Harel Insurance Investments & Financial Services Ltd. now owns 123,593 shares of the chip maker’s stock worth $17,047,000 after purchasing an additional 105,585 shares during the period. Finally, Funde Sino Life Insurance Co Ltd purchased a new position in Intel during the 2nd quarter worth $12,521,000. 64.53% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently commented on the stock. Weiss Ratings raised shares of Intel from a “sell (d-)” rating to a “hold (c-)” rating in a report on Tuesday, August 4th. Robert W. Baird boosted their price target on Intel from $75.00 to $125.00 and gave the company a “neutral” rating in a research report on Friday, July 24th. Benchmark upped their price objective on Intel from $105.00 to $140.00 and gave the company a “buy” rating in a research note on Monday, May 18th. The Goldman Sachs Group reaffirmed a “neutral” rating on shares of Intel in a research report on Thursday, July 23rd. Finally, Scotiabank started coverage on Intel in a research note on Tuesday, April 21st. They issued a “sector perform” rating on the stock. One investment analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, thirty-two have given a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat, the stock has an average rating of “Hold” and an average price target of $107.85.

Intel Stock Down 2.0%

Intel stock opened at $102.50 on Friday. The stock’s 50 day moving average price is $110.26 and its 200 day moving average price is $83.29. Intel Corporation has a 1-year low of $22.77 and a 1-year high of $142.35. The company has a market cap of $517.01 billion, a PE ratio of -48.58 and a beta of 2.22. The company has a debt-to-equity ratio of 0.47, a current ratio of 1.60 and a quick ratio of 1.25.

Intel (NASDAQ:INTC) last released its earnings results on Thursday, July 23rd. The chip maker reported $0.42 EPS for the quarter, beating analysts’ consensus estimates 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 company had revenue of $16.13 billion during the quarter, compared to the consensus estimate of $14.43 billion. During the same quarter last year, the company earned ($0.10) earnings per share. Intel’s quarterly revenue was up 25.2% compared to the same quarter last year. Intel has set its Q3 2026 guidance at 0.380-0.380 EPS. On average, sell-side analysts predict that Intel Corporation will post 1.01 EPS for the current fiscal year.

Insider Activity

In other news, CEO Lip Bu Tan purchased 105,263 shares of the firm’s stock in a transaction dated Tuesday, August 11th. The shares were acquired at an average price of $95.00 per share, with a total value of $9,999,985.00. Following the purchase, the chief executive officer directly owned 1,314,669 shares of the company’s stock, valued at $124,893,555. The trade was a 8.70% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available through this link. Insiders own 0.05% of the company’s stock.

Key Headlines Impacting Intel

Here are the key news stories impacting Intel this week:

• Positive Sentiment: CEO Lip-Bu Tan purchased 105,263 Intel shares at $95 each, investing approximately $10 million and increasing his direct stake by 8.7%. The purchase is viewed as a vote of confidence in Intel’s recovery strategy. Intel insider purchase filing
• Positive Sentiment: Analyst and media coverage highlighted Intel’s approximately $20 billion equity raise as potential funding for expanded foundry capacity, production growth and new customer wins. Some analysts believe demand for Intel’s server processors is currently exceeding its manufacturing capacity. Intel foundry capital raise article
• Positive Sentiment: Intel’s second-quarter results showed strong momentum: revenue rose roughly 25% year over year to $16.1 billion, with Data Center and AI revenue reportedly increasing 59%. The results exceeded analyst expectations and reinforced the AI-related CPU growth narrative. Intel revenue growth article
• Neutral Sentiment: Intel is considering a return to the memory-chip market, supported by the capital raise and the appointment of former SK Hynix CEO Seok-Hee Lee to Intel Foundry. The opportunity could expand Intel’s addressable market, but the plan remains exploratory and would require substantial investment. Intel memory market article
• Negative Sentiment: The $20 billion common-stock offering creates significant dilution for existing shareholders and has encouraged profit-taking after Intel’s substantial rally. Investors are also focused on whether management can convert the new capital into profitable foundry growth and sustained free cash flow. Intel stock offering discussion

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.