Qualcomm Incorporated $QCOM Holdings Lifted by Howe & Rusling Inc.

Howe & Rusling Inc. grew its position in Qualcomm Incorporated (NASDAQ:QCOM) by 49.3% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 54,504 shares of the wireless technology company’s stock after purchasing an additional 17,989 shares during the period. Howe & Rusling Inc.’s holdings in Qualcomm were worth $9,323,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently bought and sold shares of QCOM. Richardson Financial Services Inc. grew its position in Qualcomm by 90.9% in the 4th quarter. Richardson Financial Services Inc. now owns 168 shares of the wireless technology company’s stock worth $29,000 after purchasing an additional 80 shares during the last quarter. Torren Management LLC bought a new position in Qualcomm in the 4th quarter worth about $29,000. Caitong International Asset Management Co. Ltd grew its position in Qualcomm by 17,000.0% in the 4th quarter. Caitong International Asset Management Co. Ltd now owns 171 shares of the wireless technology company’s stock worth $29,000 after purchasing an additional 170 shares during the last quarter. Glass Jacobson Investment Advisors llc grew its position in Qualcomm by 113.5% in the 4th quarter. Glass Jacobson Investment Advisors llc now owns 190 shares of the wireless technology company’s stock worth $32,000 after purchasing an additional 101 shares during the last quarter. Finally, Commonwealth Retirement Investments LLC bought a new position in Qualcomm in the 4th quarter worth about $32,000. Institutional investors own 74.35% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts have commented on QCOM shares. Rosenblatt Securities restated a “buy” rating and issued a $190.00 target price on shares of Qualcomm in a research report on Thursday, April 30th. Argus set a $220.00 target price on shares of Qualcomm in a research report on Friday, May 1st. Deutsche Bank Aktiengesellschaft restated a “hold” rating and issued a $160.00 target price on shares of Qualcomm in a research report on Thursday, April 30th. Morgan Stanley began coverage on shares of Qualcomm in a report on Friday, May 8th. They issued an “overweight” rating for the company. Finally, Barclays increased their price objective on shares of Qualcomm from $130.00 to $150.00 and gave the company an “underweight” rating in a report on Thursday, April 30th. Fifteen investment analysts have rated the stock with a Buy rating, sixteen have issued a Hold rating and three have given a Sell rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $184.29.

Insider Buying and Selling at Qualcomm

In related news, CAO Patricia Y. Grech sold 829 shares of the firm’s stock in a transaction that occurred on Thursday, May 21st. The shares were sold at an average price of $201.77, for a total transaction of $167,267.33. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through 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 the firm’s stock in a transaction that occurred on Thursday, June 11th. The stock was sold at an average price of $197.35, for a total transaction of $493,375.00. Following the sale, the executive vice president owned 25,684 shares of the company’s stock, valued at $5,068,737.40. The trade was a 8.87% decrease in their ownership of the stock. 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 three months, insiders have sold 21,806 shares of company stock valued at $3,928,958. 0.05% of the stock is currently owned by corporate insiders.

Qualcomm Trading Down 3.1%

Qualcomm stock opened at $214.07 on Wednesday. The firm has a 50 day simple moving average of $188.06 and a 200-day simple moving average of $165.60. 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 stock has a market capitalization of $225.63 billion, a PE ratio of 23.27, a price-to-earnings-growth ratio of 27.32 and a beta of 1.59. Qualcomm Incorporated has a 12-month low of $121.99 and a 12-month high of $259.92.

Qualcomm (NASDAQ:QCOM) last posted its quarterly earnings data on Wednesday, April 29th. The wireless technology company reported $2.65 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.56 by $0.09. The business had revenue of $10.60 billion during the quarter, compared to analysts’ expectations of $10.59 billion. Qualcomm had a net margin of 22.31% and a return on equity of 42.11%. The business’s revenue was down 3.5% on a year-over-year basis. During the same period last year, the firm posted $2.85 earnings per share. Qualcomm has set its Q3 2026 guidance at 2.100-2.300 EPS. As a group, equities research analysts expect that Qualcomm Incorporated will post 8 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. Investors of record on Thursday, June 4th will be issued a dividend of $0.92 per share. The ex-dividend date is Thursday, June 4th. This is a positive change from Qualcomm’s previous quarterly dividend of $0.89. This represents a $3.68 dividend on an annualized basis and a yield of 1.7%. Qualcomm’s payout ratio is 40.00%.

Qualcomm announced that its Board of Directors has authorized a share buyback program on Tuesday, March 17th that allows the company to buyback $20.00 billion in shares. This buyback authorization allows the wireless technology company to purchase up to 14.5% of its stock through open market purchases. Stock buyback programs are usually a sign that the company’s board believes its stock is undervalued.

Qualcomm News Roundup

Here are the key news stories impacting Qualcomm this week:

• Positive Sentiment: Qualcomm is signaling a bigger push beyond smartphones, saying it is working on 40+ AI-powered device designs, including wearables and other form factors that could create new growth avenues. Qualcomm CEO says AI agents will replace apps — as chip giant works on 40 new AI-powered devices
• Positive Sentiment: Investors are also encouraged by reports that Qualcomm is in talks to acquire AI chip startup Tenstorrent, a move that could strengthen its position in data-center AI accelerators and broader AI infrastructure. Qualcomm in talks to buy Tenstorrent, The Information reports
• Positive Sentiment: Multiple reports highlight Qualcomm’s expanding role in AI infrastructure, including collaborations and investor-day expectations that could provide more detail on its data-center strategy. Qualcomm’s Reported Tenstorrent Talks Test Lofty Valuation And AI Ambitions
• Neutral Sentiment: Analyst commentary and market coverage continue to frame Qualcomm as a potential AI “value play,” but the stock still faces lingering concerns about handset dependence and whether new AI bets will translate into revenue quickly. Qualcomm Is a Rare AI Chip Value Play
• Negative Sentiment: The shares are also being weighed down by a broader pullback in the stock and profit-taking after a strong recent run, with some investors wary that the valuation already reflects much of the AI optimism. Qualcomm (QCOM) Dips More Than Broader Market: What You Should Know

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.