COFG Advisors LLC Makes New Investment in Qualcomm Incorporated $QCOM

COFG Advisors LLC acquired a new position in shares of Qualcomm Incorporated (NASDAQ:QCOM) during the 4th quarter, Holdings Channel reports. The firm acquired 2,741 shares of the wireless technology company’s stock, valued at approximately $469,000.

Several other hedge funds and other institutional investors also recently bought and sold shares of QCOM. Birinyi Associates Inc increased its holdings in shares of Qualcomm by 25.0% in the 4th quarter. Birinyi Associates Inc now owns 2,500 shares of the wireless technology company’s stock valued at $428,000 after acquiring an additional 500 shares during the last quarter. Colton Groome Financial Advisors LLC increased its holdings in shares of Qualcomm by 8.9% in the 4th quarter. Colton Groome Financial Advisors LLC now owns 6,827 shares of the wireless technology company’s stock valued at $1,168,000 after acquiring an additional 556 shares during the last quarter. Ellevest Inc. increased its holdings in shares of Qualcomm by 9.9% in the 4th quarter. Ellevest Inc. now owns 3,859 shares of the wireless technology company’s stock valued at $660,000 after acquiring an additional 347 shares during the last quarter. SCS Capital Management LLC increased its holdings in shares of Qualcomm by 1.3% in the 4th quarter. SCS Capital Management LLC now owns 97,714 shares of the wireless technology company’s stock valued at $16,714,000 after acquiring an additional 1,283 shares during the last quarter. Finally, Peapack Gladstone Financial Corp increased its holdings in shares of Qualcomm by 0.4% in the 4th quarter. Peapack Gladstone Financial Corp now owns 222,038 shares of the wireless technology company’s stock valued at $37,980,000 after acquiring an additional 963 shares during the last quarter. 74.35% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of brokerages have recently weighed in on QCOM. Cantor Fitzgerald boosted their price target on Qualcomm from $135.00 to $150.00 and gave the company a “neutral” rating in a report on Thursday, April 30th. Morgan Stanley began coverage on Qualcomm in a report on Friday, May 8th. They issued an “overweight” rating for the company. Summit Insights upgraded Qualcomm from a “hold” rating to a “buy” rating in a report on Thursday, April 30th. Evercore set a $179.00 price target on Qualcomm in a report on Thursday, April 30th. Finally, Mizuho lowered their price target on Qualcomm from $160.00 to $140.00 and set a “neutral” rating for the company in a report on Thursday, February 5th. Fourteen analysts have rated the stock with a Buy rating, sixteen have issued a Hold rating and four have issued a Sell rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $181.79.

Key Stories Impacting Qualcomm

Here are the key news stories impacting Qualcomm this week:

• Positive Sentiment: Qualcomm’s CEO sounded optimistic about long-term AI demand, saying AI token usage could surge dramatically by 2030, reinforcing the company’s AI growth narrative. Qualcomm CEO Cristiano Amon sees 40x AI token surge by 2030: COMPUTEX 2026 takeaway
• Positive Sentiment: Qualcomm’s new Snapdragon C Platform could support growth in low-cost AI PCs, with battery life and OEM partnerships potentially helping it gain traction in entry-level laptops. Can Qualcomm’s Entry-Level Snapdragon PC Chip Drive Growth?
• Positive Sentiment: Some coverage frames Qualcomm’s recent decline as a possible buying opportunity, citing its increased participation in the AI race as a potential long-term catalyst. Qualcomm Stock’s 60% Moment: Is This a Generational Entry Point or a Value Trap?

Insiders Place Their Bets

In related news, CEO Cristiano R. Amon sold 10,000 shares of the company’s stock in a transaction on Monday, May 4th. The stock was sold at an average price of $180.00, for a total transaction of $1,800,000.00. Following the transaction, the chief executive officer directly owned 197,568 shares of the company’s stock, valued at approximately $35,562,240. The trade was a 4.82% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CAO Patricia Y. Grech sold 829 shares of the business’s stock in a transaction dated Thursday, May 21st. The shares were sold at an average price of $201.77, for a total value of $167,267.33. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 19,306 shares of company stock valued at $3,435,583 over the last ninety days. Corporate insiders own 0.05% of the company’s stock.

Qualcomm Stock Down 8.8%

QCOM opened at $228.99 on Tuesday. Qualcomm Incorporated has a one year low of $121.99 and a one year high of $259.92. The company has a debt-to-equity ratio of 0.54, a quick ratio of 1.61 and a current ratio of 2.37. The stock’s fifty day moving average is $168.02 and its 200-day moving average is $161.56. The company has a market capitalization of $241.36 billion, a PE ratio of 24.89, a P/E/G ratio of 31.09 and a beta of 1.59.

Qualcomm (NASDAQ:QCOM) last posted its quarterly earnings data on Wednesday, April 29th. The wireless technology company reported $2.65 EPS for the quarter, topping analysts’ consensus estimates of $2.56 by $0.09. The company had revenue of $10.60 billion for the quarter, compared to the consensus estimate of $10.59 billion. Qualcomm had a return on equity of 42.11% and a net margin of 22.31%.The company’s quarterly revenue was down 3.5% compared to the same quarter last year. During the same quarter in the previous year, the business earned $2.85 EPS. Qualcomm has set its Q3 2026 guidance at 2.100-2.300 EPS. On average, equities analysts predict that Qualcomm Incorporated will post 7.99 EPS for the current fiscal year.

Qualcomm Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, June 25th. Investors of record on Thursday, June 4th will be given a dividend of $0.92 per share. The ex-dividend date of this dividend is Thursday, June 4th. This is a positive change from Qualcomm’s previous quarterly dividend of $0.89. This represents a $3.68 annualized dividend and a yield of 1.6%. Qualcomm’s payout ratio is presently 38.70%.

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

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.