CIBC Bancorp USA Inc. Buys New Position in Qualcomm Incorporated $QCOM

CIBC Bancorp USA Inc. purchased a new position in Qualcomm Incorporated (NASDAQ:QCOM) in the third quarter, Holdings Channel.com reports. The fund purchased 706,928 shares of the wireless technology company’s stock, valued at approximately $117,605,000.

Several other large investors have also added to or reduced their stakes in QCOM. Harbor Capital Advisors Inc. raised its holdings in Qualcomm by 72.2% in the 3rd quarter. Harbor Capital Advisors Inc. now owns 155 shares of the wireless technology company’s stock worth $26,000 after purchasing an additional 65 shares in the last quarter. Cloud Capital Management LLC bought a new stake in shares of Qualcomm during the 3rd quarter valued at about $27,000. Winnow Wealth LLC bought a new stake in shares of Qualcomm during the 2nd quarter valued at about $32,000. Lavaca Capital LLC purchased a new position in shares of Qualcomm during the second quarter valued at about $32,000. Finally, Howard Hughes Medical Institute purchased a new position in shares of Qualcomm during the second quarter valued at about $38,000. Institutional investors own 74.35% of the company’s stock.

Analyst Ratings Changes

Several analysts have commented on the stock. Daiwa Securities Group lowered shares of Qualcomm from an “outperform” rating to a “neutral” rating and set a $140.00 price objective for the company. in a report on Wednesday, February 11th. Royal Bank Of Canada reduced their target price on Qualcomm from $180.00 to $150.00 and set a “sector perform” rating on the stock in a report on Thursday, February 5th. Weiss Ratings restated a “hold (c)” rating on shares of Qualcomm in a research note on Monday, December 29th. Piper Sandler restated an “overweight” rating and set a $200.00 price target on shares of Qualcomm in a research report on Thursday, February 5th. Finally, DZ Bank raised Qualcomm to a “strong-buy” rating in a research note on Tuesday, February 10th. One analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating, nine have issued a Hold rating and three have assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $168.00.

Insider Transactions at Qualcomm

In related news, EVP Heather S. Ace sold 3,200 shares of the stock in a transaction that occurred on Monday, February 9th. The shares were sold at an average price of $137.00, for a total transaction of $438,400.00. Following the transaction, the executive vice president owned 16,393 shares in the company, valued at $2,245,841. This represents a 16.33% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Akash J. Palkhiwala sold 3,333 shares of the firm’s stock in a transaction that occurred on Friday, February 6th. The stock was sold at an average price of $137.65, for a total transaction of $458,787.45. Following the completion of the sale, the executive vice president owned 35,599 shares in the company, valued at $4,900,202.35. This represents a 8.56% decrease in their position. 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. Insiders own 0.05% of the company’s stock.

Qualcomm Stock Up 1.7%

Qualcomm stock opened at $131.59 on Wednesday. Qualcomm Incorporated has a 12 month low of $120.80 and a 12 month high of $205.95. The stock has a fifty day simple moving average of $147.58 and a two-hundred day simple moving average of $161.96. The company has a current ratio of 2.51, a quick ratio of 1.83 and a debt-to-equity ratio of 0.64. The firm has a market cap of $140.41 billion, a price-to-earnings ratio of 27.19 and a beta of 1.25.

Qualcomm (NASDAQ:QCOM) last announced its quarterly earnings results on Wednesday, February 4th. The wireless technology company reported $3.50 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 for the quarter, compared to the consensus estimate of $12.16 billion. During the same period in the prior 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. Equities analysts predict that Qualcomm Incorporated will post 9.39 EPS for the current fiscal year.

Qualcomm Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, March 26th. Shareholders of record on Thursday, March 5th will be paid a dividend of $0.89 per share. The ex-dividend date is Thursday, March 5th. This represents a $3.56 annualized dividend and a yield of 2.7%. Qualcomm’s dividend payout ratio is currently 73.55%.

Qualcomm declared that its board has authorized a stock repurchase plan on Tuesday, March 17th that permits the company to buyback $20.00 billion in outstanding shares. This buyback authorization permits the wireless technology company to purchase up to 14.5% of its shares through open market purchases. Shares buyback plans are generally a sign that the company’s board of directors believes its shares are undervalued.

More Qualcomm News

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

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.