Fifth Third Bancorp Reduces Stock Position in QUALCOMM Incorporated $QCOM

Fifth Third Bancorp trimmed its holdings in shares of QUALCOMM Incorporated (NASDAQ:QCOM) by 3.3% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 373,475 shares of the wireless technology company’s stock after selling 12,895 shares during the quarter. Fifth Third Bancorp’s holdings in QUALCOMM were worth $62,131,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in the business. Smithfield Trust Co increased its stake in QUALCOMM by 17.9% during the third quarter. Smithfield Trust Co now owns 4,491 shares of the wireless technology company’s stock worth $740,000 after acquiring an additional 681 shares during the last quarter. Brooktree Capital Management lifted its stake in shares of QUALCOMM by 8.5% in the 3rd quarter. Brooktree Capital Management now owns 50,833 shares of the wireless technology company’s stock valued at $8,457,000 after purchasing an additional 3,967 shares during the last quarter. State of New Jersey Common Pension Fund D boosted its holdings in shares of QUALCOMM by 1.6% in the 3rd quarter. State of New Jersey Common Pension Fund D now owns 376,083 shares of the wireless technology company’s stock worth $62,565,000 after purchasing an additional 5,849 shares during the period. Avanda Investment Management Pte. Ltd. bought a new position in shares of QUALCOMM during the 3rd quarter valued at approximately $383,000. Finally, Presidio Capital Management LLC raised its holdings in QUALCOMM by 3.6% during the 3rd quarter. Presidio Capital Management LLC now owns 2,948 shares of the wireless technology company’s stock valued at $490,000 after buying an additional 103 shares during the period. Institutional investors own 74.35% of the company’s stock.

Insider Buying and Selling

In other QUALCOMM news, EVP Heather S. Ace sold 3,200 shares of the firm’s stock in a transaction dated Monday, February 9th. The shares were sold at an average price of $137.00, for a total transaction of $438,400.00. Following the transaction, the executive vice president owned 16,393 shares of the company’s stock, valued at approximately $2,245,841. This trade represents a 16.33% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, EVP Alexander H. Rogers sold 15,917 shares of the company’s stock in a transaction that occurred on Tuesday, December 16th. The stock was sold at an average price of $178.01, for a total transaction of $2,833,385.17. Following the completion of the sale, the executive vice president directly owned 26,071 shares of the company’s stock, valued at $4,640,898.71. The trade was a 37.91% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 46,217 shares of company stock valued at $7,901,275 over the last quarter. 0.05% of the stock is owned by company insiders.

Key QUALCOMM News

Here are the key news stories impacting QUALCOMM this week:

• Positive Sentiment: MarketBeat argues Qualcomm’s pullback has set up an attractive risk/reward: technicals are deeply oversold and several analysts have raised price targets (some near $200), implying sizable upside if sentiment stabilizes. 2 Reasons Qualcomm’s Risk/Reward Is Now Red Hot
• Positive Sentiment: A Yahoo piece contends the company’s recent earnings are “soft” but ultimately better than they appear — highlighting the EPS beat and resilient revenue versus the headline guidance cut, which helps explain why some investors are buying the dip. QUALCOMM’s (NASDAQ:QCOM) Soft Earnings Are Actually Better Than They Appear
• Positive Sentiment: DZ Bank upgraded QCOM to “strong-buy,” a formal analyst vote of confidence that supports the rebound narrative. Zacks
• Neutral Sentiment: The Motley Fool included Qualcomm in a broader “best stocks to buy” discussion, suggesting the market may be overestimating the duration of weakness — helpful context but not an immediate catalyst. The Best Stocks to Buy With $1,000 Right Now
• Neutral Sentiment: Kalkine reviews QCOM’s positioning within the evolving Nasdaq tech index — useful for longer-term index-flow considerations but unclear near-term impact on the share price. What Next for QUALCOMM (NASDAQ:QCOM) in the Nasdaq Index Tech Evolution?
• Negative Sentiment: Yahoo asks whether Qualcomm can fall further after an ~18% slide this year, pointing to the guidance miss, handset exposure and reduced visibility that triggered the pullback — reminders of the main downside risks. How Much Further Will Qualcomm Fall After 18% Slide This Year?
• Negative Sentiment: Daiwa cut QCOM from “strong-buy” to “hold,” reflecting analyst caution and adding pressure to sentiment despite offsetting bullish notes from other firms. Zacks

Wall Street Analysts Forecast Growth

Several research analysts have commented on the stock. Wells Fargo & Company dropped their price objective on shares of QUALCOMM from $165.00 to $135.00 and set an “underweight” rating for the company in a research note on Thursday, February 5th. Sanford C. Bernstein restated an “outperform” rating and issued a $200.00 target price on shares of QUALCOMM in a report on Monday, February 2nd. Weiss Ratings reiterated a “hold (c)” rating on shares of QUALCOMM in a report on Monday, December 29th. UBS Group reissued a “neutral” rating on shares of QUALCOMM in a research report on Monday, February 2nd. Finally, Daiwa America lowered QUALCOMM from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, February 11th. One equities research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating, eleven have given a Hold rating and three have issued a Sell rating to the company. According to MarketBeat, QUALCOMM has a consensus rating of “Hold” and a consensus price target of $164.67.

QUALCOMM Stock Performance

QUALCOMM stock opened at $140.70 on Monday. The company has a debt-to-equity ratio of 0.64, a quick ratio of 1.83 and a current ratio of 2.51. The company has a market capitalization of $150.13 billion, a PE ratio of 29.07, a P/E/G ratio of 6.97 and a beta of 1.22. The company has a 50 day moving average price of $163.86 and a 200-day moving average price of $164.29. QUALCOMM Incorporated has a fifty-two week low of $120.80 and a fifty-two week high of $205.95.

QUALCOMM (NASDAQ:QCOM) last announced its quarterly earnings data on Wednesday, February 4th. The wireless technology company reported $3.50 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.38 by $0.12. The company had revenue of $12.25 billion for the quarter, compared to analysts’ expectations of $12.16 billion. QUALCOMM had a return on equity of 44.09% and a net margin of 11.96%.QUALCOMM’s revenue was up 4.7% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $3.41 earnings per share. QUALCOMM has set its Q2 2026 guidance at 2.450-2.650 EPS. As a group, equities analysts forecast that QUALCOMM Incorporated will post 9.39 earnings per share for the current year.

QUALCOMM Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, March 26th. Investors of record on Thursday, March 5th will be issued a $0.89 dividend. This represents a $3.56 annualized dividend and a dividend yield of 2.5%. The ex-dividend date is Thursday, March 5th. QUALCOMM’s payout ratio is presently 73.55%.

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.