Kesler Norman & Wride LLC Invests $569,000 in Qualcomm Incorporated $QCOM

Kesler Norman & Wride LLC bought a new position in shares of Qualcomm Incorporated (NASDAQ:QCOM) during the 4th quarter, HoldingsChannel.com reports. The institutional investor bought 3,326 shares of the wireless technology company’s stock, valued at approximately $569,000.

Several other hedge funds have also modified their holdings of QCOM. Norges Bank purchased a new stake in shares of Qualcomm during the 4th quarter worth about $2,591,056,000. Wellington Management Group LLP boosted its stake in shares of Qualcomm by 141.8% during the 3rd quarter. Wellington Management Group LLP now owns 12,437,240 shares of the wireless technology company’s stock worth $2,069,059,000 after acquiring an additional 7,292,783 shares in the last quarter. Geode Capital Management LLC boosted its stake in shares of Qualcomm by 12.5% during the 4th quarter. Geode Capital Management LLC now owns 28,897,079 shares of the wireless technology company’s stock worth $4,931,968,000 after acquiring an additional 3,221,924 shares in the last quarter. Dimensional Fund Advisors LP boosted its stake in shares of Qualcomm by 36.8% during the 3rd quarter. Dimensional Fund Advisors LP now owns 6,552,427 shares of the wireless technology company’s stock worth $1,090,025,000 after acquiring an additional 1,764,252 shares in the last quarter. Finally, Viking Global Investors LP boosted its stake in shares of Qualcomm by 120.1% during the 2nd quarter. Viking Global Investors LP now owns 3,152,866 shares of the wireless technology company’s stock worth $502,125,000 after acquiring an additional 1,720,529 shares in the last quarter. 74.35% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several research analysts recently weighed in on the stock. Freedom Capital downgraded shares of Qualcomm from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, May 13th. BNP Paribas Exane downgraded shares of Qualcomm to a “neutral” rating in a research report on Wednesday, April 29th. HSBC assumed coverage on shares of Qualcomm in a research report on Friday, May 8th. They set a “buy” rating for the company. Weiss Ratings restated a “hold (c)” rating on shares of Qualcomm in a research report on Friday, March 27th. Finally, Morgan Stanley assumed coverage on shares of Qualcomm in a research report on Friday, May 8th. They set an “overweight” rating for the company. Fourteen analysts have rated the stock with a Buy rating, sixteen have assigned a Hold rating and four have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $181.79.

Qualcomm Trading Up 3.8%

QCOM opened at $250.01 on Thursday. The company has a debt-to-equity ratio of 0.54, a current ratio of 2.37 and a quick ratio of 1.61. The company’s 50 day simple moving average is $172.67 and its two-hundred day simple moving average is $162.55. Qualcomm Incorporated has a 1-year low of $121.99 and a 1-year high of $259.92. The firm has a market capitalization of $263.51 billion, a price-to-earnings ratio of 27.18, a price-to-earnings-growth ratio of 29.83 and a beta of 1.59.

Qualcomm (NASDAQ:QCOM) last released its earnings results on Wednesday, April 29th. The wireless technology company reported $2.65 earnings per share for the quarter, topping analysts’ consensus estimates of $2.56 by $0.09. Qualcomm had a net margin of 22.31% and a return on equity of 42.11%. The business had revenue of $10.60 billion for the quarter, compared to analyst estimates of $10.59 billion. During the same period last year, the company posted $2.85 EPS. The business’s revenue was down 3.5% on a year-over-year basis. Qualcomm has set its Q3 2026 guidance at 2.100-2.300 EPS. Analysts expect that Qualcomm Incorporated will post 7.99 EPS for the current fiscal year.

Qualcomm Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, June 25th. Shareholders of record on Thursday, June 4th will be paid a $0.92 dividend. This is a positive change from Qualcomm’s previous quarterly dividend of $0.89. The ex-dividend date of this dividend is Thursday, June 4th. This represents a $3.68 dividend on an annualized basis and a yield of 1.5%. Qualcomm’s dividend payout ratio is 38.70%.

Qualcomm announced that its board has approved a stock buyback 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 reacquire up to 14.5% of its shares through open market purchases. Shares buyback plans are generally an indication that the company’s board believes its shares are undervalued.

More Qualcomm News

Here are the key news stories impacting Qualcomm this week:

• Positive Sentiment: Qualcomm is highlighting its push into AI inference and data centers, with new messaging around its “Dragonfly” AI brand and the “year of agents” theme supporting the view that the company can expand beyond mobile handsets. Qualcomm says 2026 is the ‘year of agents,’ unveils Dragonfly AI data center brand
• Positive Sentiment: Market commentary suggests Qualcomm’s diversification into automotive, IoT, and AI is improving the long-term investment case and helping explain renewed bullishness around the stock. Qualcomm Says 2026 Is ‘Year Of The Agent’ — And ‘Dragonfly’ Is Its Answer
• Neutral Sentiment: Commentary on Qualcomm’s long-term returns and speculation about whether the stock can reach $300 this year may be adding attention, but these pieces are mostly sentiment-driven rather than new business developments. Can Qualcomm Hit $300 This Year? Here’s The Answer
• Neutral Sentiment: A retrospective article on how much a long-term Qualcomm investment would be worth today is positive in tone, but it does not provide a fresh catalyst for the stock. What a $1K Investment in Qualcomm 15 Years Ago Is Worth Today (Hint: Its More Than You Think)
• Negative Sentiment: Analyst commentary warns that Qualcomm still faces margin pressure and weak smartphone demand, which could weigh on near-term earnings because mobile remains a major profit driver. Qualcomm Plagued by Margin Woes, Demand Softness: Time to Rethink?

Insider Buying and Selling at Qualcomm

In other news, EVP Heather S. Ace sold 3,200 shares of the firm’s stock in a transaction that occurred on Monday, May 4th. The shares were sold at an average price of $177.82, for a total transaction of $569,024.00. Following the completion of the sale, the executive vice president owned 39,735 shares in the company, valued at $7,065,677.70. This trade represents a 7.45% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Akash J. Palkhiwala sold 2,500 shares of Qualcomm stock in a transaction that occurred on Monday, April 13th. The shares were sold at an average price of $130.34, for a total transaction of $325,850.00. Following the sale, the executive vice president directly owned 30,684 shares in the company, valued at approximately $3,999,352.56. The trade was a 7.53% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders sold 19,306 shares of company stock valued at $3,435,583. Company insiders own 0.05% of the company’s stock.

Qualcomm 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.