Van Diest Capital LLC Invests $436,000 in Qualcomm Incorporated $QCOM

Van Diest Capital LLC acquired a new stake in Qualcomm Incorporated (NASDAQ:QCOM) during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 2,547 shares of the wireless technology company’s stock, valued at approximately $436,000.

Several other large investors also recently modified their holdings of the company. Brighton Jones LLC lifted its holdings in Qualcomm by 116.6% in the fourth quarter. Brighton Jones LLC now owns 17,356 shares of the wireless technology company’s stock valued at $2,666,000 after buying an additional 9,343 shares during the period. Revolve Wealth Partners LLC grew its holdings in Qualcomm by 15.4% during the 4th quarter. Revolve Wealth Partners LLC now owns 2,542 shares of the wireless technology company’s stock worth $391,000 after acquiring an additional 340 shares during the period. Sivia Capital Partners LLC raised its position in shares of Qualcomm by 44.3% in the 2nd quarter. Sivia Capital Partners LLC now owns 3,325 shares of the wireless technology company’s stock worth $530,000 after acquiring an additional 1,020 shares in the last quarter. Main Street Financial Solutions LLC raised its position in shares of Qualcomm by 6.1% in the 2nd quarter. Main Street Financial Solutions LLC now owns 5,778 shares of the wireless technology company’s stock worth $920,000 after acquiring an additional 333 shares in the last quarter. Finally, Transamerica Financial Advisors LLC lifted its stake in shares of Qualcomm by 9.7% in the 2nd quarter. Transamerica Financial Advisors LLC now owns 6,800 shares of the wireless technology company’s stock valued at $1,083,000 after purchasing an additional 603 shares during the period. 74.35% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several equities research analysts recently commented on QCOM shares. Morgan Stanley initiated coverage on Qualcomm in a research report on Friday, May 8th. They set an “overweight” rating on the stock. Loop Capital raised Qualcomm from a “hold” rating to a “buy” rating and set a $185.00 price target on the stock in a research note on Tuesday, February 24th. Freedom Capital cut Qualcomm from a “strong-buy” rating to a “hold” rating in a report on Wednesday, May 13th. Benchmark raised their price objective on shares of Qualcomm from $200.00 to $225.00 and gave the stock a “buy” rating in a research report on Thursday, April 30th. Finally, DZ Bank lowered shares of Qualcomm from a “buy” rating to a “hold” rating and set a $195.00 price objective for the company. in a research note on Friday, May 8th. Fifteen investment analysts have rated the stock with a Buy rating, sixteen have assigned a Hold rating and three have assigned a Sell rating to the stock. According to data from MarketBeat, Qualcomm presently has a consensus rating of “Hold” and a consensus target price of $188.04.

Insider Buying and Selling at Qualcomm

In other Qualcomm news, EVP Heather S. Ace sold 3,200 shares of the business’s stock in a transaction 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 approximately $7,065,677.70. The trade was a 7.45% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 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 on Thursday, June 11th. The shares were sold at an average price of $197.35, for a total transaction of $493,375.00. Following the completion of the transaction, the executive vice president directly owned 25,684 shares in the company, valued at $5,068,737.40. This trade represents a 8.87% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last quarter, insiders sold 21,806 shares of company stock worth $3,928,958. 0.05% of the stock is owned by company insiders.

Key Stories Impacting Qualcomm

Here are the key news stories impacting Qualcomm this week:

• Positive Sentiment: Investor enthusiasm is building ahead of Qualcomm’s June 24 Investor Day, where management is expected to outline longer-term growth plans tied to AI, data centers, industrial AI, physical AI, and 6G. Qualcomm Shares Gain as Investor Day Hopes and AI Data Center Momentum Lift Sentiment
• Positive Sentiment: Reports that Qualcomm has launched a new AI data center program with a major hyperscaler, with initial shipments planned for later this year, are reinforcing the view that its AI infrastructure push is becoming real. Qualcomm Launches New AI Data Center Program With A Major Hyperscaler
• Positive Sentiment: Reuters-linked reports that Qualcomm may acquire AI chip startup Tenstorrent for $8 billion to $10 billion added to the bullish narrative that the company is pursuing a faster route into AI chips and data center silicon. Qualcomm in Talks to Acquire AI Chip Startup Tenstorrent, Reuters Reports
• Positive Sentiment: Several market write-ups argue that Qualcomm is still undervalued because investors are pricing it like a smartphone-only company, despite improving contributions from automotive, IoT, and data center revenue. 1 Semiconductor Stock I Can’t Stop Buying
• Neutral Sentiment: Qualcomm’s upcoming quarterly dividend is another shareholder-friendly detail, but it is unlikely to be the main driver of the stock’s move today. Qualcomm to pay dividends next week; Here’s how much 100 QCOM shares will earn

Qualcomm Stock Up 6.2%

QCOM stock opened at $226.11 on Friday. The stock’s 50 day simple moving average is $191.84 and its 200 day simple moving average is $166.35. Qualcomm Incorporated has a fifty-two week low of $121.99 and a fifty-two week 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 company has a market cap of $238.32 billion, a P/E ratio of 24.58, a price-to-earnings-growth ratio of 26.35 and a beta of 1.59.

Qualcomm (NASDAQ:QCOM) last announced its quarterly earnings data on Wednesday, April 29th. The wireless technology company reported $2.65 EPS for the quarter, beating analysts’ consensus estimates of $2.56 by $0.09. The firm had revenue of $10.60 billion during the quarter, compared to analysts’ expectations of $10.59 billion. Qualcomm had a return on equity of 42.11% and a net margin of 22.31%.The company’s revenue for the quarter was down 3.5% compared to the same quarter last year. During the same quarter last year, the firm posted $2.85 earnings per share. Qualcomm has set its Q3 2026 guidance at 2.100-2.300 EPS. On average, research analysts expect that Qualcomm Incorporated will post 8 earnings per share 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 $0.92 dividend. This represents a $3.68 annualized dividend and a yield of 1.6%. The ex-dividend date of this dividend is Thursday, June 4th. This is an increase from Qualcomm’s previous quarterly dividend of $0.89. Qualcomm’s payout ratio is 40.00%.

Qualcomm announced that its Board of Directors has approved a share 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 purchase up to 14.5% of its shares through open market purchases. Shares buyback programs are often a sign that the company’s board believes its stock is undervalued.

Qualcomm Company 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.