Qtron Investments LLC lowered its holdings in shares of Qualcomm Incorporated (NASDAQ:QCOM – Free Report) by 14.8% during the 4th quarter, Holdings Channel.com reports. The firm owned 14,883 shares of the wireless technology company’s stock after selling 2,592 shares during the quarter. Qtron Investments LLC’s holdings in Qualcomm were worth $2,546,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds also recently made changes to their positions in the business. MUFG Securities EMEA plc boosted its position in Qualcomm by 112.2% during the 4th quarter. MUFG Securities EMEA plc now owns 43,986 shares of the wireless technology company’s stock valued at $7,524,000 after buying an additional 23,262 shares during the period. Swedbank AB boosted its position in Qualcomm by 1.5% during the 4th quarter. Swedbank AB now owns 1,533,420 shares of the wireless technology company’s stock valued at $262,291,000 after buying an additional 23,110 shares during the period. NBC Securities Inc. boosted its position in Qualcomm by 47.5% during the 4th quarter. NBC Securities Inc. now owns 18,691 shares of the wireless technology company’s stock valued at $3,197,000 after buying an additional 6,018 shares during the period. Sequoia Financial Advisors LLC boosted its position in Qualcomm by 5.7% during the 4th quarter. Sequoia Financial Advisors LLC now owns 143,690 shares of the wireless technology company’s stock valued at $24,578,000 after buying an additional 7,804 shares during the period. Finally, Valley Wealth Managers Inc. boosted its position in Qualcomm by 6.1% during the 4th quarter. Valley Wealth Managers Inc. now owns 40,009 shares of the wireless technology company’s stock valued at $6,844,000 after buying an additional 2,288 shares during the period. Institutional investors own 74.35% of the company’s stock.
Analyst Upgrades and Downgrades
Several equities research analysts have recently commented on QCOM shares. Craig Hallum raised shares of Qualcomm to a “buy” rating in a research report on Friday, May 8th. Robert W. Baird set a $300.00 target price on shares of Qualcomm in a research report on Friday, May 1st. Royal Bank Of Canada raised their target price on shares of Qualcomm from $150.00 to $175.00 and gave the stock a “sector perform” rating in a research report on Thursday, April 30th. Barclays raised their target price on shares of Qualcomm from $130.00 to $150.00 and gave the stock an “underweight” rating in a research report on Thursday, April 30th. Finally, Seaport Research Partners reaffirmed a “sell” rating and issued a $100.00 target price on shares of Qualcomm in a research report on Monday, March 16th. Fourteen analysts have rated the stock with a Buy rating, sixteen have assigned a Hold rating and four have given a Sell rating to the company. According to data from MarketBeat.com, Qualcomm presently has an average rating of “Hold” and an average price target of $181.79.
Qualcomm Stock Up 6.2%
Shares of Qualcomm stock opened at $202.96 on Friday. 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 has a 50-day moving average of $182.74 and a 200 day moving average of $164.53. The firm has a market cap of $213.92 billion, a price-to-earnings ratio of 22.06, a PEG ratio of 23.65 and a beta of 1.59. Qualcomm Incorporated has a 1 year low of $121.99 and a 1 year high of $259.92.
Qualcomm (NASDAQ:QCOM – Get Free Report) last issued its quarterly earnings results on Wednesday, April 29th. The wireless technology company reported $2.65 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.56 by $0.09. Qualcomm had a net margin of 22.31% and a return on equity of 42.11%. The company had revenue of $10.60 billion during the quarter, compared to analyst estimates of $10.59 billion. During the same period last year, the business earned $2.85 EPS. Qualcomm’s quarterly revenue was down 3.5% compared to the same quarter last year. Qualcomm has set its Q3 2026 guidance at 2.100-2.300 EPS. As a group, sell-side analysts anticipate that Qualcomm Incorporated will post 8 earnings per share 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 dividend of $0.92 per share. 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 dividend yield of 1.8%. The ex-dividend date of this dividend is Thursday, June 4th. Qualcomm’s payout ratio is 40.00%.
Qualcomm declared that its Board of Directors has authorized a share buyback plan on Tuesday, March 17th that allows the company to buyback $20.00 billion in shares. This buyback authorization allows the wireless technology company to buy up to 14.5% of its shares through open market purchases. Shares buyback plans are usually a sign that the company’s board believes its shares are undervalued.
Insider Buying and Selling at Qualcomm
In other Qualcomm news, CEO Cristiano R. Amon sold 10,000 shares of the firm’s stock in a transaction that occurred on Monday, May 4th. The shares were sold at an average price of $180.00, for a total transaction of $1,800,000.00. Following the completion of the transaction, the chief executive officer owned 197,568 shares of the company’s stock, valued at approximately $35,562,240. This trade represents a 4.82% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 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 Monday, April 13th. The shares were sold at an average price of $130.34, for a total transaction of $325,850.00. Following the transaction, the executive vice president directly owned 30,684 shares of the company’s stock, valued at $3,999,352.56. This represents a 7.53% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 21,806 shares of company stock worth $3,928,958 over the last three months. Company insiders own 0.05% of the company’s stock.
More Qualcomm News
Here are the key news stories impacting Qualcomm this week:
- Positive Sentiment: Qualcomm’s AI growth story got another boost as coverage highlighted its ecosystem expanding into humanoid robots and autonomous vehicles, reinforcing the company’s push beyond smartphones. Qualcomm’s AI Ecosystem Extends To Humanoid Robots And Autonomous Vehicles
- Positive Sentiment: JPMorgan reportedly raised its price target on Qualcomm to $265 from $160 ahead of the company’s June 24 investor day, signaling expectations for a stronger long-term growth outlook and more credibility around its data-center and AI ambitions. Why 1 veteran analyst firm hiked its Qualcomm stock price target for 2026
- Positive Sentiment: QCraft said it demonstrated urban NOA on Qualcomm’s Snapdragon Ride platform and is targeting global mass production in 2026, supporting Qualcomm’s automotive chip opportunity. QCraft Demonstrates Urban NOA on Qualcomm’s Latest Snapdragon Ride SoC, Targets 2026 Global Mass Production
- Neutral Sentiment: Erste Group trimmed its FY2027 EPS estimate to $7.66 from $7.79, a modest reduction that may add to investor caution but does not materially change the longer-term story.
- Negative Sentiment: An executive vice president sold 2,500 shares under a pre-arranged 10b5-1 plan, which can be viewed as a mild overhang even though the sale was routine and not necessarily a bearish signal. SEC filing for Akash J. Palkhiwala transaction
- Negative Sentiment: Recent commentary also notes Qualcomm has been caught in a broader semiconductor selloff and profit-taking after a strong AI-driven run, which is weighing on the shares in the near term. Qualcomm Slips, Shorter-Term Momentum Cools From Roller Coaster AI Highs
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.
Featured Articles
- Five stocks we like better than Qualcomm
- Microsoft Just Gave Investors 3 Dates They Can’t Afford to Ignore
- NVIDIA’s Outlook Gains Momentum: Stock Price to Follow
- The World Cup Is Coming—These 3 Stocks Could Cash In
- Spotify’s “North Star” Outlook Was Music to Investors Ears
Want to see what other hedge funds are holding QCOM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Qualcomm Incorporated (NASDAQ:QCOM – Free Report).
Receive News & Ratings for Qualcomm Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Qualcomm and related companies with MarketBeat.com's FREE daily email newsletter.
