Aptus Capital Advisors LLC boosted its position in shares of Qualcomm Incorporated (NASDAQ:QCOM – Free Report) by 3.8% during the 4th quarter, HoldingsChannel reports. The fund owned 95,749 shares of the wireless technology company’s stock after buying an additional 3,489 shares during the quarter. Aptus Capital Advisors LLC’s holdings in Qualcomm were worth $16,378,000 as of its most recent filing with the Securities & Exchange Commission.
Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. MUFG Securities EMEA plc increased its stake in Qualcomm by 112.2% during the fourth quarter. MUFG Securities EMEA plc now owns 43,986 shares of the wireless technology company’s stock valued at $7,524,000 after acquiring an additional 23,262 shares during the period. Swedbank AB grew its stake in shares of Qualcomm by 1.5% in the 4th quarter. Swedbank AB now owns 1,533,420 shares of the wireless technology company’s stock valued at $262,291,000 after purchasing an additional 23,110 shares during the period. NBC Securities Inc. grew its stake in shares of Qualcomm by 47.5% in the 4th quarter. NBC Securities Inc. now owns 18,691 shares of the wireless technology company’s stock valued at $3,197,000 after purchasing an additional 6,018 shares during the period. Sequoia Financial Advisors LLC grew its stake in shares of Qualcomm by 5.7% in the 4th quarter. Sequoia Financial Advisors LLC now owns 143,690 shares of the wireless technology company’s stock valued at $24,578,000 after purchasing an additional 7,804 shares during the period. Finally, Valley Wealth Managers Inc. grew its stake in shares of Qualcomm by 6.1% in the 4th quarter. Valley Wealth Managers Inc. now owns 40,009 shares of the wireless technology company’s stock valued at $6,844,000 after purchasing an additional 2,288 shares during the period. 74.35% of the stock is currently owned by institutional investors.
More Qualcomm News
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
Insider Transactions at Qualcomm
Qualcomm Price Performance
NASDAQ QCOM opened at $211.72 on Monday. The firm has a market cap of $223.15 billion, a PE ratio of 23.01, a price-to-earnings-growth ratio of 26.19 and a beta of 1.59. Qualcomm Incorporated has a one year low of $121.99 and a one year high of $259.92. The stock’s 50 day simple moving average is $184.43 and its 200 day simple moving average is $164.85. The company has a debt-to-equity ratio of 0.54, a current ratio of 2.37 and a quick ratio of 1.61.
Qualcomm (NASDAQ:QCOM – Get Free Report) last released its quarterly 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 return on equity of 42.11% and a net margin of 22.31%.The business had revenue of $10.60 billion for the quarter, compared to analyst estimates of $10.59 billion. During the same period in the prior year, the company earned $2.85 EPS. Qualcomm’s revenue for the quarter was down 3.5% on a year-over-year basis. Qualcomm has set its Q3 2026 guidance at 2.100-2.300 EPS. As a group, sell-side analysts forecast that Qualcomm Incorporated will post 8 earnings per share for the current fiscal year.
Qualcomm declared that its board has initiated a stock repurchase program on Tuesday, March 17th that permits the company to buyback $20.00 billion in outstanding shares. This buyback authorization permits the wireless technology company to buy up to 14.5% of its shares through open market purchases. Shares buyback programs are often an indication that the company’s board believes its shares are undervalued.
Qualcomm Increases Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Thursday, June 25th. Shareholders of record on Thursday, June 4th will be issued a dividend of $0.92 per share. The ex-dividend date of this dividend is Thursday, June 4th. This represents a $3.68 annualized dividend and a yield of 1.7%. This is a positive change from Qualcomm’s previous quarterly dividend of $0.89. Qualcomm’s dividend payout ratio (DPR) is currently 40.00%.
Analyst Ratings Changes
QCOM has been the topic of several analyst reports. Seaport Research Partners reiterated a “sell” rating and issued a $100.00 price objective on shares of Qualcomm in a research note on Monday, March 16th. Craig Hallum upgraded Qualcomm to a “buy” rating in a research note on Friday, May 8th. TD Cowen increased their price target on Qualcomm from $150.00 to $200.00 and gave the stock a “buy” rating in a research report on Thursday, April 30th. Tigress Financial increased their price target on Qualcomm from $270.00 to $280.00 and gave the stock a “buy” rating in a research report on Friday, May 8th. Finally, Argus set a $220.00 price target on Qualcomm in a research report on Friday, May 1st. Fifteen investment analysts have rated the stock with a Buy rating, sixteen have given a Hold rating and three have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $184.29.
View Our Latest Analysis on Qualcomm
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.
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