Jacobs & Co. CA Sells 4,796 Shares of Qualcomm Incorporated $QCOM

Posted by George Bondi on Aug 9th, 2026

Jacobs & Co. CA lessened its holdings in shares of Qualcomm Incorporated (NASDAQ:QCOM – Free Report) by 5.2% during the 2nd quarter, HoldingsChannel reports. The fund owned 88,031 shares of the wireless technology company’s stock after selling 4,796 shares during the quarter. Qualcomm comprises approximately 1.4% of Jacobs & Co. CA’s portfolio, making the stock its 20th biggest holding. Jacobs & Co. CA’s holdings in Qualcomm were worth $16,267,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also bought and sold shares of QCOM. Basepoint Wealth LLC lifted its position in shares of Qualcomm by 1.8% during the 1st quarter. Basepoint Wealth LLC now owns 3,333 shares of the wireless technology company’s stock valued at $429,000 after buying an additional 59 shares in the last quarter. Modern Wealth Management LLC grew its stake in shares of Qualcomm by 0.5% during the 1st quarter. Modern Wealth Management LLC now owns 13,704 shares of the wireless technology company’s stock valued at $1,744,000 after acquiring an additional 64 shares during the period. Dakota Community Bank & Trust NA increased its holdings in Qualcomm by 3.6% in the 4th quarter. Dakota Community Bank & Trust NA now owns 1,847 shares of the wireless technology company’s stock worth $316,000 after acquiring an additional 65 shares in the last quarter. S.A. Mason LLC increased its holdings in Qualcomm by 5.9% in the 4th quarter. S.A. Mason LLC now owns 1,192 shares of the wireless technology company’s stock worth $204,000 after acquiring an additional 66 shares in the last quarter. Finally, Marion Wealth Management raised its stake in Qualcomm by 4.5% during the 4th quarter. Marion Wealth Management now owns 1,567 shares of the wireless technology company’s stock worth $244,000 after acquiring an additional 67 shares during the period. Hedge funds and other institutional investors own 74.35% of the company’s stock.

Qualcomm Trading Up 4.7%

Shares of QCOM stock opened at $167.86 on Friday. The company has a current ratio of 2.02, a quick ratio of 1.28 and a debt-to-equity ratio of 0.46. The stock has a market capitalization of $176.29 billion, a price-to-earnings ratio of 19.43, a price-to-earnings-growth ratio of 15.41 and a beta of 1.65. Qualcomm Incorporated has a 12-month low of $121.99 and a 12-month high of $259.92. The stock’s 50-day moving average price is $189.92 and its 200-day moving average price is $167.48.

Qualcomm (NASDAQ:QCOM – Get Free Report) last announced its quarterly earnings results on Wednesday, July 29th. The wireless technology company reported $2.21 EPS for the quarter, missing analysts’ consensus estimates of $2.23 by ($0.02). Qualcomm had a net margin of 21.01% and a return on equity of 38.36%. The firm had revenue of $9.95 billion for the quarter, compared to the consensus estimate of $9.69 billion. During the same period in the previous year, the company posted $2.77 earnings per share. Qualcomm’s quarterly revenue was down 4.0% on a year-over-year basis. Qualcomm has set its Q4 2026 guidance at 2.050-2.250 EPS. Equities research analysts predict that Qualcomm Incorporated will post 7.78 EPS for the current fiscal year.

Qualcomm Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, September 24th. Investors of record on Thursday, September 3rd will be issued a $0.92 dividend. The ex-dividend date of this dividend is Thursday, September 3rd. This represents a $3.68 dividend on an annualized basis and a dividend yield of 2.2%. Qualcomm’s dividend payout ratio (DPR) is 42.59%.

Insider Activity at Qualcomm

In related news, CAO Patricia Y. Grech sold 829 shares of the business’s stock in a transaction on Thursday, May 21st. The shares were sold at an average price of $201.77, for a total value of $167,267.33. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Heather S. Ace sold 3,200 shares of the company’s stock in a transaction on Monday, August 3rd. The shares were sold at an average price of $147.04, for a total transaction of $470,528.00. Following the sale, the executive vice president directly owned 36,535 shares in the company, valued at approximately $5,372,106.40. The trade was a 8.05% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders sold 11,529 shares of company stock valued at $2,112,945. 0.05% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

QCOM has been the topic of several analyst reports. UBS Group lowered their price target on shares of Qualcomm from $190.00 to $170.00 and set a “neutral” rating on the stock in a report on Thursday, July 30th. Morgan Stanley reduced their price objective on shares of Qualcomm from $231.00 to $220.00 and set an “equal weight” rating for the company in a research note on Thursday, July 30th. Summit Insights upgraded shares of Qualcomm from a “hold” rating to a “buy” rating in a research note on Thursday, April 30th. Raymond James Financial initiated coverage on shares of Qualcomm in a research note on Thursday, June 25th. They set a “strong-buy” rating on the stock. Finally, Tigress Financial upped their target price on shares of Qualcomm from $270.00 to $280.00 and gave the stock a “buy” rating in a report on Friday, May 8th. One analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating, twenty-one have issued a Hold rating and two have given a Sell rating to the company. According to MarketBeat, Qualcomm currently has an average rating of “Hold” and a consensus target price of $203.63.

View Our Latest Analysis on QCOM

Qualcomm Profile

(Free Report)

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.