Strs Ohio Has $66.57 Million Stock Position in Intel Corporation $INTC

02 May 2026, 11:26 by Amy Steele · The Cerbat Gem

Strs Ohio reduced its position in Intel Corporation (NASDAQ:INTC – Free Report) by 1.6% in the 4th quarter, Holdings Channel reports. The institutional investor owned 1,803,931 shares of the chip maker’s stock after selling 30,255 shares during the period. Strs Ohio’s holdings in Intel were worth $66,565,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in INTC. Capital World Investors increased its stake in shares of Intel by 32.5% in the 3rd quarter. Capital World Investors now owns 86,503,121 shares of the chip maker’s stock valued at $2,902,180,000 after buying an additional 21,230,715 shares during the period. Vanguard Group Inc. increased its stake in shares of Intel by 3.5% in the 4th quarter. Vanguard Group Inc. now owns 404,522,308 shares of the chip maker’s stock valued at $14,926,873,000 after buying an additional 13,692,624 shares during the period. AQR Capital Management LLC increased its stake in shares of Intel by 61.3% in the 3rd quarter. AQR Capital Management LLC now owns 25,001,621 shares of the chip maker’s stock valued at $838,804,000 after buying an additional 9,503,402 shares during the period. Van ECK Associates Corp increased its stake in shares of Intel by 18.3% in the 3rd quarter. Van ECK Associates Corp now owns 55,521,741 shares of the chip maker’s stock valued at $1,862,755,000 after buying an additional 8,569,812 shares during the period. Finally, Rafferty Asset Management LLC increased its stake in shares of Intel by 66.4% in the 2nd quarter. Rafferty Asset Management LLC now owns 19,396,839 shares of the chip maker’s stock valued at $434,489,000 after buying an additional 7,736,635 shares during the period. 64.53% of the stock is owned by institutional investors and hedge funds.

Intel News Summary

Here are the key news stories impacting Intel this week:

Positive Sentiment: U.S. antitrust authorities cleared Intel’s investment in SambaNova, removing a major regulatory overhang tied to the deal and validating Intel’s push deeper into AI infrastructure; that clearance is a clear near‑term positive for sentiment. Read More.
Positive Sentiment: Strong Q1 operational beat: Intel reported a sizable EPS and revenue beat and issued stable Q2 guidance, which lifted the investment thesis that Intel is converting AI infrastructure demand into durable revenue growth. Investors are treating the quarter as confirmation that Intel can compete for large data‑center spend. Read More.
Positive Sentiment: Momentum, liquidity and positioning: April was Intel’s best month ever on Nasdaq with massive inflows (including outsized moves in leveraged ETFs), drawing new retail and institutional attention and reinforcing momentum‑driven buying. Read More.
Neutral Sentiment: Analyst revisions and upgrades are supporting the re‑rating: some firms hiked FY estimates and moved coverage to stronger ratings — this helps the fundamental narrative but may already be priced into the rally.
Negative Sentiment: Elevated volatility and dispersion in expectations: options markets imply large moves and traders are pricing sharply divergent outcomes for INTC through the summer — that raises the risk of sharp pullbacks if momentum stalls. Read More.
Negative Sentiment: Profit‑taking / overbought warnings: Several analysts and market commentators say the rally may be overextended in the short term and that every incremental bit of good news is being bought — investors should expect higher intraday swings and potential pullbacks. Read More.
Negative Sentiment: Sector sensitivity: short‑term chip sector moves are still being influenced by cloud/AI spend signals (for example, OpenAI growth outlooks), which can weigh on chip names if cloud customers temper guidance. Read More.

Intel Stock Performance

INTC stock opened at $99.62 on Friday. The business’s 50-day moving average price is $54.62 and its two-hundred day moving average price is $45.78. The company has a current ratio of 2.31, a quick ratio of 1.85 and a debt-to-equity ratio of 0.34. The firm has a market cap of $500.68 billion, a PE ratio of -160.67, a P/E/G ratio of 2.79 and a beta of 1.35. Intel Corporation has a 1-year low of $18.97 and a 1-year high of $100.45.

Intel (NASDAQ:INTC – Get Free Report) last posted its earnings results on Thursday, April 23rd. The chip maker reported $0.29 earnings per share for the quarter, topping the consensus estimate of $0.01 by $0.28. The firm had revenue of $13.58 billion for the quarter, compared to analyst estimates of $12.32 billion. Intel had a positive return on equity of 0.39% and a negative net margin of 5.90%.The company’s revenue for the quarter was up 7.4% on a year-over-year basis. During the same period in the previous year, the company posted $0.13 earnings per share. Intel has set its Q2 2026 guidance at 0.200-0.200 EPS. As a group, research analysts forecast that Intel Corporation will post 0.63 earnings per share for the current year.

Wall Street Analyst Weigh In

Several equities research analysts have recently commented on the company. Daiwa Securities Group lifted their target price on Intel from $41.00 to $50.00 in a research note on Tuesday, February 3rd. Truist Financial lifted their price objective on Intel from $49.00 to $81.00 and gave the stock a “hold” rating in a research note on Friday, April 24th. KeyCorp lifted their price objective on Intel from $70.00 to $110.00 and gave the stock an “overweight” rating in a research note on Friday, April 24th. Citigroup raised Intel from a “neutral” rating to a “buy” rating and lifted their price objective for the stock from $48.00 to $95.00 in a research note on Tuesday, April 21st. Finally, Morgan Stanley lifted their price objective on Intel from $56.00 to $73.00 and gave the stock an “equal weight” rating in a research note on Friday, April 24th. One research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating, twenty-five have given a Hold rating and four have assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Hold” and an average target price of $74.47.

Get Our Latest Research Report on Intel

Insiders Place Their Bets

In other Intel news, EVP Boise April Miller sold 20,000 shares of Intel stock in a transaction dated Monday, February 2nd. The stock was sold at an average price of $49.05, for a total transaction of $981,000.00. Following the transaction, the executive vice president directly owned 113,060 shares in the company, valued at approximately $5,545,593. The trade was a 15.03% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Corporate insiders own 0.05% of the company’s stock.

Intel Company Profile

(Free Report)

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.