Mitsubishi UFJ Asset Management Co. Ltd. increased its holdings in Qualcomm Incorporated (NASDAQ:QCOM – Free Report) by 5.3% in the fourth quarter, Holdings Channel reports. The fund owned 2,423,803 shares of the wireless technology company’s stock after purchasing an additional 122,759 shares during the quarter. Mitsubishi UFJ Asset Management Co. Ltd.’s holdings in Qualcomm were worth $419,269,000 as of its most recent SEC filing.
A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Cloud Capital Management LLC acquired a new position in shares of Qualcomm during the third quarter worth $27,000. Richardson Financial Services Inc. raised its stake in Qualcomm by 90.9% in the fourth quarter. Richardson Financial Services Inc. now owns 168 shares of the wireless technology company’s stock valued at $29,000 after buying an additional 80 shares during the last quarter. Torren Management LLC purchased a new stake in Qualcomm in the fourth quarter valued at about $29,000. Glass Jacobson Investment Advisors llc boosted its holdings in Qualcomm by 113.5% in the fourth quarter. Glass Jacobson Investment Advisors llc now owns 190 shares of the wireless technology company’s stock worth $32,000 after acquiring an additional 101 shares in the last quarter. Finally, Board of the Pension Protection Fund purchased a new stake in shares of Qualcomm during the fourth quarter worth about $34,000. 74.35% of the stock is currently owned by institutional investors.
Insider Buying and Selling
In other news, CAO Patricia Y. Grech sold 192 shares of the company’s stock in a transaction that occurred on Thursday, April 30th. The stock was sold at an average price of $172.00, for a total value of $33,024.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Heather S. Ace sold 3,200 shares of the stock in a transaction that occurred on Monday, February 9th. The shares were sold at an average price of $137.00, for a total value of $438,400.00. Following the completion of the sale, the executive vice president directly owned 16,393 shares of the company’s stock, valued at approximately $2,245,841. This represents a 16.33% decrease in their position. The SEC filing for this sale provides additional information. In the last quarter, insiders have sold 22,510 shares of company stock valued at $3,635,753. 0.05% of the stock is currently owned by company insiders.
Analysts Set New Price Targets
Get Our Latest Research Report on Qualcomm
Qualcomm Trading Up 10.9%
Shares of QCOM stock opened at $186.67 on Wednesday. Qualcomm Incorporated has a fifty-two week low of $121.99 and a fifty-two week high of $205.95. The company has a debt-to-equity ratio of 0.54, a quick ratio of 1.61 and a current ratio of 2.37. The stock’s fifty day moving average is $136.57 and its two-hundred day moving average is $155.41. The firm has a market capitalization of $196.75 billion, a P/E ratio of 20.29, a PEG ratio of 20.78 and a beta of 1.49.
Qualcomm (NASDAQ:QCOM – Get Free Report) last released its earnings results on Wednesday, April 29th. The wireless technology company reported $2.65 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.56 by $0.09. The business had revenue of $10.60 billion during 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 company’s revenue for the quarter was down 3.5% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $2.85 earnings per share. Qualcomm has set its Q3 2026 guidance at 2.100-2.300 EPS. Research analysts expect that Qualcomm Incorporated will post 8.02 earnings per share for the current fiscal year.
Qualcomm announced that its Board of Directors has initiated a share repurchase plan 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 buy up to 14.5% of its shares through open market purchases. Shares repurchase plans are typically an indication that the company’s leadership believes its shares are undervalued.
Qualcomm Increases Dividend
The firm 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 $0.92 dividend. This represents a $3.68 dividend on an annualized basis and a yield of 2.0%. The ex-dividend date is Thursday, June 4th. This is a positive change from Qualcomm’s previous quarterly dividend of $0.89. Qualcomm’s payout ratio is currently 38.70%.
Key Qualcomm News
Here are the key news stories impacting Qualcomm this week:
- Positive Sentiment: Major hyperscaler win and initial shipments of custom data‑center AI silicon, showing Qualcomm is entering AI infrastructure and diversifying revenue away from handsets. QUALCOMM Is Up After Hyperscaler AI Win
- Positive Sentiment: Board approved a $20 billion share‑repurchase program and the company raised its quarterly dividend, both of which boost shareholder returns and signal confidence from management/board. QUALCOMM Is Up After Hyperscaler AI Win
- Positive Sentiment: Record automotive revenue and accelerating shipments for vehicle platforms provide a second structural growth engine (automotive + AI silicon) that supports higher long‑term revenue visibility. Qualcomm’s AI Chips And Automotive Growth Reshape Its Investment Story
- Neutral Sentiment: Cantor Fitzgerald raised its price target to $150 but kept a Neutral rating — a modest analyst lift that tempers downside but isn’t a full conviction upgrade. Cantor Fitzgerald Raises PT on QUALCOMM
- Neutral Sentiment: Industry context: competitor moves (Intel hiring a former Qualcomm exec) and the broader “chip divide” narrative—investors should weigh Qualcomm’s AI/design wins against rising competitive intensity from Intel and AMD. Intel appoints Qualcomm executive The Great Chip Divide
- Negative Sentiment: Insider sales: CEO Cristiano Amon and EVP Heather Ace sold shares under 10b5‑1 plans; such high‑profile sales can add short‑term selling pressure despite being pre‑arranged. Amon SEC filing Ace SEC filing
- Negative Sentiment: Bearish commentary and “sell into the hype” takes emphasize persistent handset weakness and near‑term cyclicality; the transition to AI/automotive revenue will take time and execution risk remains. Bear of the Day: Qualcomm Qualcomm: Sell Into The Hype
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.
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