Mitsubishi UFJ Asset Management Co. Ltd. Acquires 54,447 Shares of Qualcomm Incorporated $QCOM

Mitsubishi UFJ Asset Management Co. Ltd. raised its holdings in Qualcomm Incorporated (NASDAQ:QCOM) by 2.4% in the 3rd quarter, according to the company in its most recent filing with the SEC. The firm owned 2,301,044 shares of the wireless technology company’s stock after acquiring an additional 54,447 shares during the quarter. Mitsubishi UFJ Asset Management Co. Ltd. owned approximately 0.21% of Qualcomm worth $382,802,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of the business. Brucke Financial Inc. lifted its holdings in Qualcomm by 23.1% during the 3rd quarter. Brucke Financial Inc. now owns 4,905 shares of the wireless technology company’s stock worth $887,000 after buying an additional 920 shares during the period. Roberts Glore & Co. Inc. IL raised its position in shares of Qualcomm by 4.8% during the third quarter. Roberts Glore & Co. Inc. IL now owns 2,620 shares of the wireless technology company’s stock worth $436,000 after acquiring an additional 120 shares during the last quarter. Empirical Asset Management LLC lifted its stake in shares of Qualcomm by 2,356.4% in the third quarter. Empirical Asset Management LLC now owns 120,144 shares of the wireless technology company’s stock worth $19,987,000 after acquiring an additional 115,253 shares during the period. GGM Financials LLC acquired a new position in shares of Qualcomm in the third quarter worth approximately $183,000. Finally, Waddell & Associates LLC boosted its holdings in Qualcomm by 18.2% in the third quarter. Waddell & Associates LLC now owns 2,262 shares of the wireless technology company’s stock valued at $376,000 after acquiring an additional 349 shares during the last quarter. Institutional investors and hedge funds own 74.35% of the company’s stock.

Qualcomm Stock Up 0.7%

QCOM stock opened at $145.82 on Thursday. The stock’s 50 day simple moving average is $158.28 and its 200 day simple moving average is $163.94. The company has a market cap of $155.59 billion, a P/E ratio of 30.13, a price-to-earnings-growth ratio of 7.23 and a beta of 1.22. The company has a debt-to-equity ratio of 0.64, a quick ratio of 1.83 and a current ratio of 2.51. Qualcomm Incorporated has a fifty-two week low of $120.80 and a fifty-two week high of $205.95.

Qualcomm (NASDAQ:QCOM) last released its quarterly earnings data on Wednesday, February 4th. The wireless technology company reported $3.50 EPS for the quarter, beating the consensus estimate of $3.38 by $0.12. Qualcomm had a return on equity of 44.09% and a net margin of 11.96%.The firm had revenue of $12.25 billion during the quarter, compared to the consensus estimate of $12.16 billion. During the same quarter in the previous year, the company posted $3.41 earnings per share. The company’s quarterly revenue was up 4.7% on a year-over-year basis. Qualcomm has set its Q2 2026 guidance at 2.450-2.650 EPS. On average, research analysts expect that Qualcomm Incorporated will post 9.39 earnings per share for the current fiscal year.

Qualcomm Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, March 26th. Stockholders of record on Thursday, March 5th will be issued a dividend of $0.89 per share. This represents a $3.56 dividend on an annualized basis and a dividend yield of 2.4%. The ex-dividend date is Thursday, March 5th. Qualcomm’s dividend payout ratio (DPR) is currently 73.55%.

Analysts Set New Price Targets

Several research analysts have issued reports on QCOM shares. Weiss Ratings restated a “hold (c)” rating on shares of Qualcomm in a report on Monday, December 29th. DZ Bank upgraded shares of Qualcomm to a “strong-buy” rating in a research report on Tuesday, February 10th. TD Cowen dropped their target price on shares of Qualcomm from $190.00 to $150.00 and set a “buy” rating on the stock in a report on Thursday, February 5th. UBS Group reaffirmed a “neutral” rating on shares of Qualcomm in a research report on Monday, February 2nd. Finally, Wells Fargo & Company raised Qualcomm from an “underweight” rating to an “equal weight” rating and lifted their price objective for the stock from $135.00 to $185.00 in a research report on Tuesday. One research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, ten have assigned a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of $168.48.

Key Qualcomm News

Here are the key news stories impacting Qualcomm this week:

• Positive Sentiment: Loop Capital upgraded QCOM to a Buy, saying the stock may be nearing a turning point as some headwinds ease and new growth opportunities (AI, automotive) are emerging. This upgrade is a near‑term catalyst for inflows and sentiment improvement. Loop Capital Upgrades Qualcomm (QCOM)
• Positive Sentiment: Wells Fargo raised its stance (reported coverage), reflecting a shift in analyst tone tied to Qualcomm’s expanding AI/data‑center and diversification strategy — another validation that contributed to the stock lift. Wells Fargo Upgrade
• Positive Sentiment: Qualcomm and Tata Electronics signed a deal to manufacture automotive modules in India, adding Tata to Qualcomm’s global automotive manufacturing network — this reinforces auto‑electronics revenue potential, local sourcing for India, and export opportunities as vehicles become more software‑defined. Qualcomm Tata Deal
• Positive Sentiment: Technical indicators are showing an early reversal: commentary highlights a bullish MACD crossover from deeply oversold levels and short‑term stabilization — a signal that momentum traders and some funds may turn buyers. MarketBeat Technical Note
• Neutral Sentiment: Vusion and Qualcomm released a white paper on an “AI‑Native Store” using on‑device AI and BLE — a product/market development that expands IoT/edge use cases but is likely a longer‑term revenue contributor rather than an immediate earnings driver. Vusion & Qualcomm AI‑Native Store
• Neutral Sentiment: Coverage pieces note QCOM has underperformed broader indices over the past year; that frames the stock as a potential recovery/turnaround play but also highlights execution and demand risk that many investors remain focused on. Barchart Commentary
• Neutral Sentiment: Misc. dividend reporting alerts surfaced in the press — check official filings for any change; these notices often drive short‑term attention but don’t necessarily indicate policy change. Dividend Alert
• Negative Sentiment: Robert W. Baird trimmed its price target to $177 from $200 while keeping an Outperform rating, signaling that fiscal 2026 is shaping up as a transitional year and that near‑term earnings/growth visibility remains limited — this tempers upside for more conservative investors. Baird Price Target Cut

Insider Activity

In other news, EVP Ann C. Chaplin sold 7,180 shares of the business’s stock in a transaction dated Tuesday, December 16th. The shares were sold at an average price of $178.03, for a total transaction of $1,278,255.40. Following the completion of the sale, the executive vice president directly owned 23,944 shares of the company’s stock, valued at $4,262,750.32. The trade was a 23.07% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, EVP Heather S. Ace sold 3,200 shares of the firm’s stock in a transaction dated Monday, February 9th. The shares were sold at an average price of $137.00, for a total transaction of $438,400.00. Following the completion of the transaction, the executive vice president directly owned 16,393 shares in the company, valued at approximately $2,245,841. The trade was a 16.33% decrease in their position. The SEC filing for this sale provides additional information. Over the last three months, insiders sold 45,704 shares of company stock valued at $7,818,708. 0.05% of the stock is currently owned by insiders.

About Qualcomm

Qualcomm Incorporated is a global semiconductor and telecommunications equipment company headquartered in San Diego, California. Founded in 1985, the company is known for its development of wireless technologies and for playing a central role in the evolution of digital cellular standards, including CDMA and subsequent generations of mobile standards. Qualcomm’s business combines the design and sale of semiconductor products with a patent licensing program for wireless technologies and related intellectual property.

The company’s product portfolio includes system-on-chip (SoC) platforms marketed under the Snapdragon brand, cellular modem and RF front-end components, connectivity solutions for Wi‑Fi and Bluetooth, and processors and platforms aimed at automotive, IoT, networking and edge-computing applications.