Captrust Financial Advisors Has $129.62 Million Stock Position in Qualcomm Incorporated $QCOM

Captrust Financial Advisors boosted its position in shares of Qualcomm Incorporated (NASDAQ:QCOM) by 2.1% in the 3rd quarter, HoldingsChannel.com reports. The firm owned 779,138 shares of the wireless technology company’s stock after buying an additional 15,910 shares during the quarter. Captrust Financial Advisors’ holdings in Qualcomm were worth $129,617,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. Harbor Capital Advisors Inc. grew its position in shares of Qualcomm by 72.2% during the 3rd quarter. Harbor Capital Advisors Inc. now owns 155 shares of the wireless technology company’s stock worth $26,000 after buying an additional 65 shares during the period. Cloud Capital Management LLC acquired a new position in Qualcomm in the third quarter valued at approximately $27,000. Winnow Wealth LLC bought a new position in Qualcomm in the second quarter valued at approximately $32,000. Lavaca Capital LLC bought a new position in Qualcomm in the second quarter valued at approximately $32,000. Finally, Howard Hughes Medical Institute acquired a new stake in Qualcomm during the 2nd quarter worth $38,000. 74.35% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

QCOM has been the subject of several recent research reports. Bank of America began coverage on shares of Qualcomm in a research report on Tuesday, March 10th. They set an “underperform” rating and a $145.00 target price for the company. Daiwa Securities Group cut Qualcomm from an “outperform” rating to a “neutral” rating and set a $140.00 price objective for the company. in a research note on Wednesday, February 11th. Citigroup reiterated a “neutral” rating on shares of Qualcomm in a report on Thursday, January 15th. Susquehanna lowered Qualcomm from a “positive” rating to a “neutral” rating and set a $140.00 target price on the stock. in a research note on Thursday, February 5th. Finally, Piper Sandler restated an “overweight” rating and set a $200.00 target price on shares of Qualcomm in a report on Thursday, February 5th. One analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating, nine have issued a Hold rating and three have given a Sell rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $168.00.

Insider Transactions at Qualcomm

In other news, EVP Akash J. Palkhiwala sold 3,333 shares of Qualcomm stock in a transaction dated Friday, February 6th. The stock was sold at an average price of $137.65, for a total transaction of $458,787.45. Following the transaction, the executive vice president owned 35,599 shares in the company, valued at $4,900,202.35. The trade was a 8.56% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, EVP Heather S. Ace sold 3,200 shares of the business’s stock in a transaction that occurred on Monday, February 9th. The shares were sold at an average price of $137.00, for a total value of $438,400.00. Following the completion of the transaction, the executive vice president owned 16,393 shares of the company’s stock, valued at $2,245,841. This represents a 16.33% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last ninety days, insiders have sold 22,404 shares of company stock worth $3,672,557. 0.05% of the stock is currently owned by insiders.

Trending Headlines about Qualcomm

Here are the key news stories impacting Qualcomm this week:

• Positive Sentiment: Board authorized a new $20 billion share‑repurchase program and boosted the quarterly dividend, a clear signal of capital-return focus that increases EPS support and buy-side demand. Chipmaker Qualcomm unveils $20 billion stock buyback program
• Positive Sentiment: Market reaction: reports show the buyback announcement triggered an immediate uptick in the share price as investors welcomed the large repurchase and dividend hike as shareholder-friendly and value-supportive. Qualcomm (QCOM) Stock Jumps 3% on Massive $20B Share Repurchase Plan
• Positive Sentiment: Bull case reinforced: analysts/commentary argue QCOM is undervalued, and management’s buyback plus dividend increase signals confidence in cash flow and long‑term prospects, supporting upside if automotive and AI investments scale. Why I’m Still Buying Qualcomm
• Neutral Sentiment: Strategic growth: Qualcomm is continuing to invest in automotive and AI (e.g., collaboration to integrate driving stack software/hardware), which diversifies revenue but will take time to offset smartphone headwinds. Qualcomm And Wayve Target Automotive AI Revenue With Integrated Driving Stack
• Negative Sentiment: Analyst pressure: multiple recent downgrades (including Seaport Global) and at least three negative analyst calls in ~60 days highlight concerns around shrinking smartphone TAM, memory supply constraints, and near‑term revenue headwinds. Qualcomm downgraded at Seaport on shrinking market, memory crunch
• Negative Sentiment: Price momentum: recent multi‑day declines and notes that “big money” has stepped back point to investor caution; structural smartphone weakness and short‑term execution risks could keep pressure on the stock despite buybacks. Why Big Money Is Steering Clear Of Qualcomm Stock This Week

Qualcomm Trading Up 1.7%

Shares of NASDAQ QCOM opened at $131.59 on Wednesday. Qualcomm Incorporated has a twelve month low of $120.80 and a twelve month high of $205.95. The stock has a market cap of $140.41 billion, a price-to-earnings ratio of 27.19 and a beta of 1.25. The company has a quick ratio of 1.83, a current ratio of 2.51 and a debt-to-equity ratio of 0.64. The company’s fifty day moving average is $147.58 and its 200-day moving average is $161.96.

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 analysts’ consensus estimates of $3.38 by $0.12. The business had revenue of $12.25 billion during the quarter, compared to analysts’ expectations of $12.16 billion. Qualcomm had a net margin of 11.96% and a return on equity of 44.09%. The firm’s quarterly revenue was up 4.7% on a year-over-year basis. During the same quarter in the prior year, the company earned $3.41 EPS. Qualcomm has set its Q2 2026 guidance at 2.450-2.650 EPS. Equities research analysts predict that Qualcomm Incorporated will post 9.39 EPS for the current year.

Qualcomm Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, March 26th. Stockholders of record on Thursday, March 5th will be given a dividend of $0.89 per share. The ex-dividend date of this dividend is Thursday, March 5th. This represents a $3.56 dividend on an annualized basis and a dividend yield of 2.7%. Qualcomm’s dividend payout ratio (DPR) is currently 73.55%.

Qualcomm announced that its Board of Directors has approved a share repurchase program on Tuesday, March 17th that authorizes the company to buyback $20.00 billion in outstanding shares. This buyback authorization authorizes the wireless technology company to purchase up to 14.5% of its stock through open market purchases. Stock buyback programs are typically an indication that the company’s leadership believes its stock is undervalued.

Qualcomm Company Profile

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.