Qualcomm Incorporated $QCOM Shares Bought by Banque Pictet & Cie SA

Banque Pictet & Cie SA raised its holdings in Qualcomm Incorporated (NASDAQ:QCOM) by 265.0% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 84,890 shares of the wireless technology company’s stock after purchasing an additional 61,632 shares during the quarter. Banque Pictet & Cie SA’s holdings in Qualcomm were worth $14,520,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. 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 acquiring an additional 9,343 shares during the period. Revolve Wealth Partners LLC grew its stake in shares of 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 purchasing an additional 340 shares during the period. Sivia Capital Partners LLC grew its stake in shares of Qualcomm by 44.3% during the 2nd quarter. Sivia Capital Partners LLC now owns 3,325 shares of the wireless technology company’s stock worth $530,000 after purchasing an additional 1,020 shares during the period. Edgestream Partners L.P. increased its holdings in shares of Qualcomm by 2,835.1% during the 2nd quarter. Edgestream Partners L.P. now owns 40,915 shares of the wireless technology company’s stock valued at $6,516,000 after purchasing an additional 39,521 shares in the last quarter. Finally, Quantbot Technologies LP increased its holdings in shares of Qualcomm by 140.3% during the 2nd quarter. Quantbot Technologies LP now owns 23,883 shares of the wireless technology company’s stock valued at $3,804,000 after purchasing an additional 13,943 shares in the last quarter. 74.35% of the stock is owned by institutional investors and hedge funds.

Qualcomm Trading Down 1.2%

Shares of NASDAQ:QCOM opened at $127.28 on Thursday. The business’s 50 day moving average price is $139.39 and its 200-day moving average price is $159.58. Qualcomm Incorporated has a 1 year low of $120.80 and a 1 year high of $205.95. The firm has a market capitalization of $135.81 billion, a price-to-earnings ratio of 26.30 and a beta of 1.28. The company has a debt-to-equity ratio of 0.64, a current ratio of 2.51 and a quick ratio of 1.83.

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

Qualcomm Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, March 26th. Stockholders of record on Thursday, March 5th were paid a dividend of $0.89 per share. The ex-dividend date of this dividend was Thursday, March 5th. This represents a $3.56 dividend on an annualized basis and a dividend yield of 2.8%. Qualcomm’s payout ratio is currently 73.55%.

Qualcomm announced that its Board of Directors has initiated a share buyback program on Tuesday, March 17th that permits the company to repurchase $20.00 billion in outstanding shares. This repurchase authorization permits the wireless technology company to purchase up to 14.5% of its shares through open market purchases. Shares repurchase programs are usually a sign that the company’s board of directors believes its stock is undervalued.

Qualcomm News Summary

Here are the key news stories impacting Qualcomm this week:

• Positive Sentiment: Inclusion on a list of the “7 cheapest AI data center stocks” highlights QCOM’s relative valuation vs. peers and could attract investor interest in Qualcomm’s data-center/AI positioning. Is QUALCOMM Incorporated (QCOM) Among the 7 Cheapest AI Data Center Stocks to Buy Now?
• Positive Sentiment: Goldman Sachs initiated coverage on QCOM — initiation by a major bank often draws investor attention and can support liquidity and re‑rating if the view is constructive. Qualcomm (NASDAQ:QCOM) Coverage Initiated at The Goldman Sachs Group
• Positive Sentiment: Mentioned as a cheap DRIP candidate with a low forward P/E in curated dividend/DRIP lists — attention from income/value investors could provide a buyer base at lower prices. 5 Cheap DRIP Stocks to Buy Now
• Neutral Sentiment: Coverage across consumer finance outlets questions whether the pullback has created a true value opportunity; this keeps the stock on investors’ watchlists but doesn’t resolve near‑term demand or margin concerns. Is QUALCOMM (QCOM) Starting To Look Attractive After Its Recent Share Price Pullback?
• Neutral Sentiment: Globe and Mail notes analysts are conflicted on Qualcomm — mixed broker views create volatility and keep guidance/earnings execution in focus. Analysts Conflicted on These Technology Names: Qualcomm (QCOM) and Shimadzu (OtherSHMZF)
• Negative Sentiment: Zacks highlights a 25.5% three‑month drop and flags margin pressure, China risks and weak handset demand as near-term headwinds — these are concrete operational and macro factors that can weigh on revenue and multiple compression. Qualcomm Declines 25.5% in Past 3 Months: Should Investors Worry?
• Negative Sentiment: A Seeking Alpha downgrade argues the company’s “cracks are widening,” underscoring analyst skepticism about sustainability of margins and growth — downgrades can accelerate selling pressure. Qualcomm: The Cracks Are Widening And Broadening (Downgrade)

Analysts Set New Price Targets

QCOM has been the topic of a number of recent analyst reports. Susquehanna downgraded shares of Qualcomm from a “positive” rating to a “neutral” rating and set a $140.00 price target on the stock. in a report on Thursday, February 5th. Citigroup reaffirmed a “neutral” rating on shares of Qualcomm in a report on Thursday, January 15th. DZ Bank upgraded shares of Qualcomm to a “strong-buy” rating in a research report on Tuesday, February 10th. Zacks Research lowered shares of Qualcomm from a “hold” rating to a “strong sell” rating in a research note on Tuesday, January 27th. Finally, Daiwa Securities Group cut Qualcomm from an “outperform” rating to a “neutral” rating and set a $140.00 target price on the stock. in a research report on Wednesday, February 11th. One investment analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating, eleven have issued a Hold rating and three have issued a Sell rating to the company. According to MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $163.77.

Insider Activity

In related news, EVP Akash J. Palkhiwala sold 3,333 shares of the company’s stock in a transaction dated Friday, February 6th. The shares were sold at an average price of $137.65, for a total transaction 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 transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 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 completion of the transaction, the executive vice president directly owned 16,393 shares in the company, valued at $2,245,841. This represents a 16.33% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last 90 days, insiders have sold 9,866 shares of company stock valued at $1,474,796. Insiders own 0.05% of the company’s stock.

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.