HB Wealth Management 13F: Adds $6.6M to Intel (INTC) Stake

HB Wealth Management boosted its holdings in Intel Corporation INTC by 24.0%, adding 55,220 shares during the quarter according to a Form 13F filing with the SEC on October 23, 2026. The purchase brought the fund's total stake to 285,064 shares. The reported value of the position stood at $34,273,227 at the time of the filing. Intel closed at $86.96 on the filing date.

INTC Intel Corporation

$86.96 ▲ +120.82% year to date

1M 3M YTD

Daily close · Oct 23, 2026

What Changed in HB Wealth Management's Intel Position

The fund increased its investment by 24.0249908633682%, moving from 229,844 shares up to 285,064 shares. This addition of 55,220 shares brought the total market value of the holdings to roughly $34.3 million.

Other Institutional Activity in Intel

Other large investors adjusted their stakes in the chipmaker around the same filing period. NLB Skladi, upravljanje premozenja, d.o.o. reduced its holdings by 9,874 shares, ending with 280,402 shares worth about $33,712,732. Oriental Harbor Investment Master Fund cut its position by 91,262 shares to hold 1,758,128 shares valued at $211,379,729. Royal Fund Management grew its holdings by 20,778 shares, ending with 53,624 shares worth about $6,447,214. Sumitomo Mitsui DS Asset Management Company added 49,608 shares, finishing with 807,367 shares valued at $97,069,734. Meanwhile, Carrhae Capital opened a new position with 197,123 shares worth about $23,700,098.

Intel Corporation Stock Down 6.4%

Intel shares recently traded around $86.97 as of October 24, 2026, sitting well above their 52-week low of $32.89 and below their 52-week high of $142.35. The stock closed at $86.96 on October 23, 2026, putting it about equal to that level recently. It trades above its 200-day moving average of $85.59 and below its 50-day moving average of $102.46.

Recent Earnings

Intel reported trailing twelve month revenue of $57.03 billion alongside a negative earnings per share of $2.12. The company posted a net profit margin of -19.8% and a return on equity of -10.7%, with revenue growing 25.4% year over year. The next earnings report is scheduled for October 29, 2026.

Insider Buying and Selling at Intel Corporation

Company insiders made several stock transactions ahead of the filing. Officer Boise April Miller sold 20,000 shares on February 2, 2026, at an average price of $49.05 for $981,000, and later sold 40,256 shares on May 1, 2026, at $99.53 for $4,006,519. Chief Technology Officer Nagasubramaniyan Chandrasekaran sold 21,024 shares on May 29, 2026, at $118.28 for $2,486,698. Chief Executive Officer Lip-Bu Tan bought 105,263 shares on August 11, 2026, at $95.00 for $9,999,985.

Analysts Set New Price Targets

Wall Street firms updated their views on the stock ahead of the filing. On September 24, 2026, TD Cowen reiterated its hold rating with a $115.00 price target. Mizuho maintained a neutral rating on October 6, 2026, raising its target from $92.00 to $114.00. TD Cowen maintained a hold rating on October 19, 2026, lowering its target to $95.00 from $115.00. JP Morgan upgraded the stock to neutral with an $85.00 target on October 19, 2026. Susquehanna maintained a neutral rating on October 21, 2026, adjusting its target down to $105.00 from $115.00. The stock currently carries a buy consensus rating and a mean price target of $117.14.

About Intel

Intel Corporation designs, develops, manufactures, and sells computing products and semiconductor solutions worldwide. Operating through segments like Client Computing, Data Center and AI, and Intel Foundry, the company supplies hardware and tech platforms across global markets. Institutional investments highlight how major portfolio managers position themselves around the chipmaker's ongoing operational shifts.

Bottom Line

Investors will watch Intel's upcoming earnings release on October 29, 2026, for fresh insights into profit margins and foundry performance. Monitoring subsequent institutional filings will show whether other asset managers continue adding to their positions.