Candriam S.C.A. Sells 77,418 Shares of QUALCOMM Incorporated $QCOM

Candriam S.C.A. lessened its position in QUALCOMM Incorporated (NASDAQ:QCOM) by 18.5% in the third quarter, Holdings Channel.com reports. The firm owned 340,908 shares of the wireless technology company’s stock after selling 77,418 shares during the quarter. Candriam S.C.A.’s holdings in QUALCOMM were worth $56,713,000 at the end of the most recent reporting period.

Other hedge funds have also recently made changes to their positions in the company. Harbor Capital Advisors Inc. lifted its stake in shares of QUALCOMM by 72.2% in the third quarter. Harbor Capital Advisors Inc. now owns 155 shares of the wireless technology company’s stock worth $26,000 after acquiring an additional 65 shares during the period. Cloud Capital Management LLC purchased a new stake in shares of QUALCOMM in the third quarter worth approximately $27,000. Harbor Asset Planning Inc. bought a new position in QUALCOMM during the 2nd quarter valued at $32,000. Winnow Wealth LLC bought a new position in shares of QUALCOMM during the second quarter valued at about $32,000. Finally, Lavaca Capital LLC purchased a new position in shares of QUALCOMM in the 2nd quarter worth approximately $32,000. 74.35% of the stock is owned by institutional investors and hedge funds.

Key Stories Impacting QUALCOMM

Here are the key news stories impacting QUALCOMM this week:

• Positive Sentiment: Q1 beat — Qualcomm reported adjusted EPS of $3.50 and strong revenue in automotive/handsets, beating consensus and showing demand in non‑handset end markets. Qualcomm Surpasses Q1 Earnings
• Positive Sentiment: Analysts still see upside — Several firms cut price targets but kept positive stances (Argus lowered PT to $180, JPMorgan to $185, Rosenblatt reiterated buy), leaving multi‑dozen percent upside from current levels according to those shops; this supports short‑covering/relief buying. Analyst Price Target Changes
• Neutral Sentiment: Market view is mixed/hold consensus — Broker consensus sits around “Hold” as firms reassess forward visibility; that keeps headline analyst guidance fragmented and can sustain volatility until memory supply clarity arrives. Consensus Rating of Hold
• Neutral Sentiment: Technicals/positioning matter — Coverage notes Qualcomm has moved back to 2020 price levels and is extremely oversold; that can produce sharp, short‑term bounces even if fundamentals remain challenged. Qualcomm Is Back at 2020 Levels
• Negative Sentiment: Weak Q2 guidance driven by memory shortage — Management warned memory constraints will limit handset shipments and revenue in the near term; that outlook triggered the large post‑earnings drop and remains the main fundamental headwind. Memory Shortage Report
• Negative Sentiment: Analyst cuts and downgrades — Some firms (Evercore cut PT to $134, Bank of America moved to neutral) reduced forecasts after the cautious outlook, increasing near‑term downside risk if memory issues persist. Analyst Forecast Cuts
• Negative Sentiment: Volatility risk remains high — The combination of supply uncertainty, heavy post‑earnings selling, and mixed analyst views means QCOM can swing sharply; expect elevated intraday moves and headline sensitivity until memory supply trends or handset orders normalize. CNBC Coverage of Selloff

QUALCOMM Trading Up 0.8%

Shares of QCOM opened at $137.34 on Monday. QUALCOMM Incorporated has a 1-year low of $120.80 and a 1-year high of $205.95. The firm’s 50-day moving average price is $167.14 and its 200-day moving average price is $165.00. The company has a current ratio of 2.51, a quick ratio of 1.83 and a debt-to-equity ratio of 0.64. The firm has a market capitalization of $146.54 billion, a price-to-earnings ratio of 28.38, a PEG ratio of 6.08 and a beta of 1.22.

QUALCOMM (NASDAQ:QCOM) last announced its earnings results on Wednesday, February 4th. The wireless technology company reported $3.50 EPS for the quarter, beating analysts’ consensus estimates of $3.38 by $0.12. The firm had revenue of $12.25 billion for the quarter, compared to analysts’ expectations of $12.16 billion. QUALCOMM had a net margin of 11.96% and a return on equity of 44.09%. The company’s quarterly revenue was up 4.7% on a year-over-year basis. During the same quarter in the previous year, the business posted $3.41 EPS. QUALCOMM has set its Q2 2026 guidance at 2.450-2.650 EPS. Sell-side analysts anticipate that QUALCOMM Incorporated will post 9.39 EPS for the current year.

QUALCOMM Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, March 26th. Stockholders of record on Thursday, March 5th will be paid a $0.89 dividend. This represents a $3.56 dividend on an annualized basis and a dividend yield of 2.6%. The ex-dividend date of this dividend is Thursday, March 5th. QUALCOMM’s dividend payout ratio is currently 73.55%.

Wall Street Analyst Weigh In

A number of analysts recently issued reports on QCOM shares. Royal Bank Of Canada decreased their price objective on shares of QUALCOMM from $180.00 to $150.00 and set a “sector perform” rating for the company in a report on Thursday. TD Cowen lowered their price target on shares of QUALCOMM from $190.00 to $150.00 and set a “buy” rating on the stock in a report on Thursday. Evercore lowered their price objective on QUALCOMM from $157.00 to $134.00 and set an “in-line” rating on the stock in a research report on Thursday. UBS Group reaffirmed a “neutral” rating on shares of QUALCOMM in a research note on Monday, February 2nd. Finally, Rosenblatt Securities dropped their price target on QUALCOMM from $225.00 to $190.00 and set a “buy” rating for the company in a research note on Thursday. Ten equities research analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat.com, QUALCOMM has a consensus rating of “Hold” and a consensus price target of $167.68.

Insider Activity

In other QUALCOMM news, EVP Akash J. Palkhiwala sold 3,333 shares of the firm’s stock in a transaction dated Friday, February 6th. The stock was sold at an average price of $137.65, for a total value of $458,787.45. Following the transaction, the executive vice president directly owned 35,599 shares of the company’s stock, valued at approximately $4,900,202.35. This trade represents a 8.56% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, EVP Ann C. Chaplin sold 7,180 shares of QUALCOMM stock in a transaction on Tuesday, December 16th. The stock was sold at an average price of $178.03, for a total transaction of $1,278,255.40. Following the transaction, the executive vice president owned 23,944 shares in the company, valued at $4,262,750.32. This represents a 23.07% decrease in their position. The SEC filing for this sale provides additional information. In the last ninety days, insiders have sold 43,017 shares of company stock worth $7,462,875. Corporate insiders own 0.05% of the company’s stock.

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.