Qualcomm Incorporated $QCOM Stock Holdings Raised by E. Ohman J or Asset Management AB

E. Ohman J or Asset Management AB grew its stake in Qualcomm Incorporated (NASDAQ:QCOM) by 7.2% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 71,819 shares of the wireless technology company’s stock after purchasing an additional 4,812 shares during the quarter. E. Ohman J or Asset Management AB’s holdings in Qualcomm were worth $12,285,000 as of its most recent filing with the SEC.

Several other large investors have also modified their holdings of QCOM. Clear Trail Advisors LLC acquired a new position in Qualcomm in the fourth quarter worth $709,000. SG Americas Securities LLC raised its holdings in shares of Qualcomm by 93.4% during the fourth quarter. SG Americas Securities LLC now owns 1,335,432 shares of the wireless technology company’s stock worth $228,426,000 after purchasing an additional 645,038 shares during the period. Charles Schwab Trust Co raised its holdings in shares of Qualcomm by 7.3% during the fourth quarter. Charles Schwab Trust Co now owns 5,829 shares of the wireless technology company’s stock worth $997,000 after purchasing an additional 397 shares during the period. Aull & Monroe Investment Management Corp lifted its position in shares of Qualcomm by 1.4% in the 4th quarter. Aull & Monroe Investment Management Corp now owns 5,435 shares of the wireless technology company’s stock worth $930,000 after buying an additional 75 shares during the last quarter. Finally, Affinity Capital Advisors LLC acquired a new position in shares of Qualcomm in the 4th quarter valued at about $241,000. Institutional investors own 74.35% of the company’s stock.

Insiders Place Their Bets

In related news, EVP Akash J. Palkhiwala sold 3,333 shares of the stock in a transaction dated Friday, February 6th. The shares were sold at an average price of $137.65, for a total value of $458,787.45. Following the completion of the transaction, the executive vice president owned 35,599 shares in the company, valued at $4,900,202.35. This represents a 8.56% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Also, 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 directly owned 16,393 shares in the company, valued at approximately $2,245,841. The trade was a 16.33% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 9,866 shares of company stock worth $1,474,796 over the last three months. Corporate insiders own 0.05% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages recently weighed in on QCOM. Wells Fargo & Company raised shares of Qualcomm from an “underweight” rating to an “equal weight” rating and boosted their price objective for the company from $135.00 to $185.00 in a research report on Tuesday, February 24th. Susquehanna downgraded Qualcomm from a “positive” rating to a “neutral” rating and set a $140.00 target price for the company. in a research note on Thursday, February 5th. Bank of America initiated coverage on Qualcomm in a report on Tuesday, March 10th. They set an “underperform” rating and a $145.00 target price for the company. Robert W. Baird set a $177.00 price target on Qualcomm in a research report on Thursday, February 5th. Finally, Mizuho reduced their price objective on Qualcomm from $160.00 to $140.00 and set a “neutral” rating for the company in a research report on Thursday, February 5th. One research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating, nine have given a Hold rating and three have issued a Sell rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $168.00.

Qualcomm Price Performance

Shares of NASDAQ:QCOM opened at $128.35 on Tuesday. The firm’s 50 day moving average is $143.80 and its two-hundred day moving average is $161.14. The firm has a market capitalization of $136.95 billion, a P/E ratio of 26.52 and a beta of 1.25. The company has a current ratio of 2.51, a quick ratio of 1.83 and a debt-to-equity ratio of 0.64. Qualcomm Incorporated has a 52 week low of $120.80 and a 52 week high of $205.95.

Qualcomm (NASDAQ:QCOM) last issued 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. Qualcomm had a return on equity of 44.09% and a net margin of 11.96%.The business had revenue of $12.25 billion during the quarter, compared to the consensus estimate of $12.16 billion. During the same period in the previous year, the firm posted $3.41 earnings per share. The business’s revenue was up 4.7% on a year-over-year basis. Qualcomm has set its Q2 2026 guidance at 2.450-2.650 EPS. Analysts anticipate that Qualcomm Incorporated will post 9.39 earnings per share for the current year.

Qualcomm declared that its board has approved a share buyback plan on Tuesday, March 17th that authorizes the company to buyback $20.00 billion in outstanding shares. This buyback authorization authorizes the wireless technology company to buy up to 14.5% of its stock through open market purchases. Stock buyback plans are typically a sign that the company’s board of directors believes its shares are undervalued.

Qualcomm Announces Dividend

The firm also recently declared 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. The ex-dividend date of this dividend is Thursday, March 5th. This represents a $3.56 annualized dividend and a dividend yield of 2.8%. Qualcomm’s dividend payout ratio is presently 73.55%.

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.