Alchemi Wealth LLC Takes Position in Qualcomm Incorporated $QCOM

Alchemi Wealth LLC bought a new position in Qualcomm Incorporated (NASDAQ:QCOM) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 4,925 shares of the wireless technology company’s stock, valued at approximately $843,000.

Other hedge funds also recently made changes to their positions in the company. Uniting Wealth Partners LLC boosted its position in Qualcomm by 18.0% during the 4th quarter. Uniting Wealth Partners LLC now owns 1,481 shares of the wireless technology company’s stock valued at $253,000 after acquiring an additional 226 shares in the last quarter. Martingale Asset Management L P raised its stake in Qualcomm by 3.7% in the 4th quarter. Martingale Asset Management L P now owns 147,960 shares of the wireless technology company’s stock worth $25,309,000 after acquiring an additional 5,330 shares during the last quarter. Caitong International Asset Management Co. Ltd raised its stake in Qualcomm by 17,000.0% in the 4th quarter. Caitong International Asset Management Co. Ltd now owns 171 shares of the wireless technology company’s stock worth $29,000 after acquiring an additional 170 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its stake in Qualcomm by 13.8% in the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 11,595,307 shares of the wireless technology company’s stock worth $1,983,377,000 after acquiring an additional 1,410,312 shares during the last quarter. Finally, Cullen Capital Management LLC grew its position in Qualcomm by 29.7% during the 4th quarter. Cullen Capital Management LLC now owns 863,078 shares of the wireless technology company’s stock worth $147,629,000 after purchasing an additional 197,624 shares during the period. 74.35% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity

In other Qualcomm news, CEO Cristiano R. Amon sold 10,000 shares of the stock in a transaction dated 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 transaction, the chief executive officer directly owned 197,568 shares of the company’s stock, valued at approximately $35,562,240. This trade represents a 4.82% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CAO Patricia Y. Grech sold 829 shares of the stock in a transaction dated Thursday, May 21st. The shares were sold at an average price of $201.77, for a total transaction of $167,267.33. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders sold 21,806 shares of company stock valued at $3,928,958. Company insiders own 0.05% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages have weighed in on QCOM. Freedom Capital downgraded Qualcomm from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, May 13th. Citigroup lifted their price target on Qualcomm from $140.00 to $160.00 and gave the company a “neutral” rating in a research note on Thursday, April 30th. Sanford C. Bernstein restated a “market perform” rating and issued a $140.00 price target (down from $175.00) on shares of Qualcomm in a research note on Thursday, March 26th. DZ Bank lowered Qualcomm from a “buy” rating to a “hold” rating and set a $195.00 price target for the company. in a research note on Friday, May 8th. Finally, Roth Mkm assumed coverage on Qualcomm in a report on Friday, May 8th. They issued a “buy” rating on the stock. Fifteen investment analysts have rated the stock with a Buy rating, sixteen have assigned a Hold rating and three have issued a Sell rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $184.29.

Qualcomm Stock Up 4.3%

Qualcomm stock opened at $211.72 on Friday. Qualcomm Incorporated has a twelve month low of $121.99 and a twelve month high of $259.92. The stock’s fifty day simple moving average is $184.43 and its 200-day simple moving average is $164.86. The company has a current ratio of 2.37, a quick ratio of 1.61 and a debt-to-equity ratio of 0.54. The firm has a market capitalization of $223.15 billion, a P/E ratio of 23.01, a P/E/G ratio of 25.11 and a beta of 1.59.

Qualcomm (NASDAQ:QCOM) last issued its earnings results on Wednesday, April 29th. The wireless technology company reported $2.65 EPS for the quarter, topping analysts’ consensus estimates of $2.56 by $0.09. Qualcomm had a net margin of 22.31% and a return on equity of 42.11%. The firm had revenue of $10.60 billion during the quarter, compared to the consensus estimate of $10.59 billion. During the same quarter in the previous year, the firm posted $2.85 earnings per share. The company’s revenue was down 3.5% compared to the same quarter last year. Qualcomm has set its Q3 2026 guidance at 2.100-2.300 EPS. As a group, equities analysts expect that Qualcomm Incorporated will post 8 earnings per share for the current fiscal year.

Qualcomm declared that its Board of Directors has approved a share buyback 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 reacquire up to 14.5% of its shares through open market purchases. Shares repurchase plans are often an indication that the company’s management believes its stock is undervalued.

Qualcomm Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, June 25th. Investors of record on Thursday, June 4th will be issued a dividend of $0.92 per share. This is an increase from Qualcomm’s previous quarterly dividend of $0.89. This represents a $3.68 annualized dividend and a yield of 1.7%. The ex-dividend date of this dividend is Thursday, June 4th. Qualcomm’s dividend payout ratio is currently 40.00%.

Qualcomm News Summary

Here are the key news stories impacting Qualcomm this week:

• Positive Sentiment: Wells Fargo raised its price target on Qualcomm to $230 from $160, signaling improved long-term expectations for the stock. Wall Street sets Qualcomm stock price target for 2027
• Positive Sentiment: Coverage highlighting Qualcomm’s AI ecosystem expanding into humanoid robots and autonomous vehicles is boosting sentiment around growth beyond smartphones. Qualcomm’s AI Ecosystem Extends To Humanoid Robots And Autonomous Vehicles
• Positive Sentiment: QCraft said it demonstrated urban NOA on Qualcomm’s Snapdragon Ride platform and is targeting mass production in 2026, supporting Qualcomm’s automotive revenue story. QCraft Demonstrates Urban NOA on Qualcomm’s Latest Snapdragon Ride SoC, Targets 2026 Global Mass Production
• Neutral Sentiment: Erste Group slightly lowered its FY2027 EPS estimate, a modest headwind but not a major change to the outlook.
• Negative Sentiment: EVP Akash Palkhiwala sold 2,500 shares in a pre-arranged 10b5-1 plan, which may create a small overhang even though the sale was routine. SEC filing for Akash J. Palkhiwala transaction
• Negative Sentiment: Recent commentary notes Qualcomm has also been caught in a broader semiconductor pullback and some profit-taking after a strong AI-driven run, which can weigh on the shares near term. Qualcomm Slips, Shorter-Term Momentum Cools From Roller Coaster AI Highs

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.