Genus Capital Management Inc. Boosts Holdings in Qualcomm Incorporated $QCOM

Genus Capital Management Inc. boosted its position in shares of Qualcomm Incorporated (NASDAQ:QCOM) by 69.7% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 16,610 shares of the wireless technology company’s stock after acquiring an additional 6,822 shares during the period. Genus Capital Management Inc.’s holdings in Qualcomm were worth $2,841,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the company. Vanguard Group Inc. lifted its position in Qualcomm by 0.6% during the fourth quarter. Vanguard Group Inc. now owns 114,144,068 shares of the wireless technology company’s stock valued at $19,524,350,000 after acquiring an additional 647,076 shares during the last quarter. Amundi lifted its position in Qualcomm by 9.9% during the third quarter. Amundi now owns 12,671,635 shares of the wireless technology company’s stock valued at $2,136,486,000 after acquiring an additional 1,138,541 shares during the last quarter. Wellington Management Group LLP lifted its position in Qualcomm by 141.8% during the third quarter. Wellington Management Group LLP now owns 12,437,240 shares of the wireless technology company’s stock valued at $2,069,059,000 after acquiring an additional 7,292,783 shares during the last quarter. Invesco Ltd. lifted its position in Qualcomm by 2.3% during the third quarter. Invesco Ltd. now owns 9,874,113 shares of the wireless technology company’s stock valued at $1,642,657,000 after acquiring an additional 220,209 shares during the last quarter. Finally, Legal & General Group Plc lifted its position in Qualcomm by 0.4% during the third quarter. Legal & General Group Plc now owns 9,207,183 shares of the wireless technology company’s stock valued at $1,531,707,000 after acquiring an additional 38,452 shares during the last quarter. Hedge funds and other institutional investors own 74.35% of the company’s stock.

Qualcomm Stock Performance

Shares of NASDAQ:QCOM opened at $238.16 on Monday. Qualcomm Incorporated has a 12-month low of $121.99 and a 12-month high of $247.90. The company has a market capitalization of $251.02 billion, a PE ratio of 25.89, a PEG ratio of 29.50 and a beta of 1.49. The business has a 50 day moving average of $154.82 and a two-hundred day moving average of $158.73. The company has a current ratio of 2.37, a quick ratio of 1.61 and a debt-to-equity ratio of 0.54.

Qualcomm (NASDAQ:QCOM) last released its quarterly earnings results on Wednesday, April 29th. The wireless technology company reported $2.65 EPS for the quarter, beating the consensus estimate of $2.56 by $0.09. The company had revenue of $10.60 billion for the quarter, compared to analyst estimates of $10.59 billion. Qualcomm had a net margin of 22.31% and a return on equity of 42.11%. The firm’s revenue was down 3.5% on a year-over-year basis. During the same quarter last year, the business earned $2.85 earnings per share. Qualcomm has set its Q3 2026 guidance at 2.100-2.300 EPS. As a group, analysts forecast that Qualcomm Incorporated will post 7.99 EPS for the current year.

Qualcomm announced that its Board of Directors has approved a stock repurchase plan on Tuesday, March 17th that allows the company to repurchase $20.00 billion in outstanding shares. This repurchase authorization allows the wireless technology company to repurchase up to 14.5% of its shares through open market purchases. Shares repurchase plans are usually an indication that the company’s management believes its shares are undervalued.

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 paid a $0.92 dividend. The ex-dividend date is Thursday, June 4th. This represents a $3.68 annualized dividend and a dividend yield of 1.5%. This is a boost from Qualcomm’s previous quarterly dividend of $0.89. Qualcomm’s dividend payout ratio (DPR) is presently 40.00%.

Insiders Place Their Bets

In other Qualcomm news, CAO Patricia Y. Grech sold 829 shares of the firm’s stock in a transaction that occurred on Thursday, May 21st. The stock was sold at an average price of $201.77, for a total value of $167,267.33. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Cristiano R. Amon sold 10,000 shares of the firm’s stock in a transaction that occurred on Monday, May 4th. The shares were sold at an average price of $180.00, for a total value of $1,800,000.00. Following the completion of the sale, the chief executive officer directly owned 197,568 shares in the company, valued at approximately $35,562,240. The trade was a 4.82% 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. Over the last quarter, insiders sold 19,306 shares of company stock worth $3,435,583. 0.05% of the stock is owned by company insiders.

Trending Headlines about Qualcomm

Here are the key news stories impacting Qualcomm this week:

• Positive Sentiment: Stellantis expanded its multi-year technology partnership with Qualcomm, strengthening Qualcomm’s position in AI-enabled connected and autonomous vehicles. Qualcomm soars 12% as Stellantis deepens AI vehicle partnership
• Positive Sentiment: Analysts and market commentary highlighted Qualcomm’s strong comeback and suggested the rally may continue, with some calling for meaningful further upside. Prediction: Analysts Say Qualcomm Stock Is Set For A Massive Breakout
• Neutral Sentiment: Additional coverage framed Qualcomm as a beneficiary of broader AI and mobile-chip enthusiasm, with shares moving alongside other chip names such as Skyworks and Qorvo. Qualcomm Surges 12%, Skyworks Rallies 9%, Qorvo Rises 7%
• Neutral Sentiment: Insider and congressional stock sales were disclosed, but they appear modest relative to Qualcomm’s size and some transactions were pre-arranged, so the impact is likely limited. Patricia Grech Sells 829 Shares of Qualcomm (NASDAQ:QCOM) Stock

Wall Street Analyst Weigh In

A number of research firms recently commented on QCOM. Weiss Ratings reissued a “hold (c)” rating on shares of Qualcomm in a research report on Friday, March 27th. Piper Sandler reissued an “overweight” rating and set a $200.00 target price on shares of Qualcomm in a research report on Thursday, February 5th. Tigress Financial increased their target price on shares of Qualcomm from $270.00 to $280.00 and gave the company a “buy” rating in a research report on Friday, May 8th. HSBC started coverage on shares of Qualcomm in a research report on Friday, May 8th. They set a “buy” rating for the company. Finally, Susquehanna raised their price target on shares of Qualcomm from $140.00 to $160.00 and gave the stock a “neutral” rating in a report on Thursday, April 30th. Fourteen analysts have rated the stock with a Buy rating, sixteen have issued a Hold rating and four have assigned a Sell rating to the stock. According to data from MarketBeat, Qualcomm has a consensus rating of “Hold” and a consensus target price of $181.79.

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.