The landscape of institutional investment in Intel Corporation (NASDAQ:INTC) is currently experiencing significant shifts, with major funds adjusting their positions and new players entering the arena. This dynamic activity provides a crucial window into how large-scale investors perceive the future trajectory of the prominent chip maker and the broader technology stock market.
Among the notable changes, LSV Asset Management recently scaled back its holdings in Intel, reducing its stake by 2.4% in the first quarter, as detailed in its latest 13F filing with the Securities and Exchange Commission (SEC). Despite this reduction of 92,500 shares, LSV Asset Management retains a substantial position, owning 3,782,400 shares of the semiconductor giant, valued at an impressive $85,898,000.
Conversely, a wave of new investments has swept in from other prominent hedge funds, indicating diverse strategies across the investment spectrum. Two Sigma Advisers LP, for instance, established a significant new position in Intel during the fourth quarter, acquiring shares worth approximately $289,752,000, underscoring a strong bullish outlook from this major investment fund.
Adding to this influx, Two Sigma Investments LP also made a substantial new entry into Intel stock during the same period, with its acquired shares valued at around $237,457,000. Further demonstrating this trend, Toronto Dominion Bank dramatically increased its stake by 286.8% in the fourth quarter, amassing an additional 7,806,882 shares to reach a total of 10,529,354 shares, now valued at $211,114,000.
Other institutional investors have also shown robust confidence. OVERSEA CHINESE BANKING Corp Ltd recorded an astounding 1,180.8% increase in its Intel holdings during the first quarter, adding 6,646,727 shares to reach 7,209,637 total shares, valued at $163,731,000. Northern Trust Corp likewise expanded its exposure, boosting its stake by 15.5% in the fourth quarter to command 45,811,555 shares, worth $918,522,000.
Collectively, institutional investors now hold a significant 64.53% of Intel Corporation’s stock, illustrating the profound influence of these large-scale movements on the semiconductor industry’s market dynamics. From a market performance perspective, Intel stock opened at $19.31 on Friday, fluctuating between a twelve-month low of $17.67 and a high of $27.55, reflecting volatility in its valuation.
Financial metrics provide further insight into the company’s health: Intel maintains a quick ratio of 0.92, a current ratio of 1.24, and a debt-to-equity ratio of 0.42. The firm boasts a substantial market capitalization of $84.52 billion, alongside a PE ratio of -4.05 and a beta of 1.22. The stock’s 50-day moving average is $21.58, closely aligning with its 200-day moving average of $21.52.
Brokerage firms have also weighed in on Intel’s prospects, offering varied recommendations. While some, like Susquehanna, have adjusted their price targets downwards, others, such as UBS Group, have increased theirs, maintaining a “neutral” rating. Loop Capital recently initiated coverage with a “hold” rating, contributing to the consensus “Hold” rating from MarketBeat.com data, with an average target price of $22.17.
At its core, Intel Corporation remains a global leader in designing, developing, manufacturing, marketing, and selling computing and related products and services. Operating through segments like Client Computing Group, Data Center and AI, and Intel Foundry Services, the company’s diverse portfolio includes CPUs, GPUs, and other critical semiconductor products, solidifying its position as a foundational element of the global tech stocks landscape.
