Qualcomm Incorporated $QCOM Stock Position Boosted by Redwood Grove Capital LLC

Posted by Stanley Muller on Aug 26th, 2026

Redwood Grove Capital LLC lifted its holdings in shares of Qualcomm Incorporated (NASDAQ:QCOM – Free Report) by 6.2% during the 2nd quarter, HoldingsChannel.com reports. The fund owned 115,806 shares of the wireless technology company’s stock after buying an additional 6,800 shares during the period. Qualcomm makes up about 5.4% of Redwood Grove Capital LLC’s portfolio, making the stock its 6th biggest holding. Redwood Grove Capital LLC’s holdings in Qualcomm were worth $21,400,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in the business. Cooper Haims Advisors LLC acquired a new stake in Qualcomm in the 2nd quarter valued at $209,000. Canada Pension Plan Investment Board lifted its stake in shares of Qualcomm by 36.5% during the second quarter. Canada Pension Plan Investment Board now owns 2,929,860 shares of the wireless technology company’s stock worth $541,409,000 after purchasing an additional 783,261 shares in the last quarter. White Knight Strategic Wealth Advisors LLC acquired a new position in shares of Qualcomm during the second quarter worth about $306,000. Park Place Capital Corp boosted its position in shares of Qualcomm by 6.4% in the second quarter. Park Place Capital Corp now owns 7,701 shares of the wireless technology company’s stock worth $1,423,000 after buying an additional 463 shares during the period. Finally, Fiduciary Financial Advisors purchased a new stake in shares of Qualcomm in the second quarter worth about $222,000. 74.35% of the stock is owned by hedge funds and other institutional investors.

Qualcomm Trading Up 1.3%

NASDAQ:QCOM opened at $160.56 on Wednesday. The company has a quick ratio of 1.28, a current ratio of 2.02 and a debt-to-equity ratio of 0.46. The business’s 50 day moving average is $175.94 and its two-hundred day moving average is $168.28. Qualcomm Incorporated has a 52 week low of $121.99 and a 52 week high of $259.92. The company has a market cap of $168.62 billion, a PE ratio of 18.58, a P/E/G ratio of 14.63 and a beta of 1.65.

Qualcomm (NASDAQ:QCOM – Get Free Report) last issued its earnings results on Wednesday, July 29th. The wireless technology company reported $2.21 EPS for the quarter, missing the consensus estimate of $2.23 by ($0.02). Qualcomm had a return on equity of 38.36% and a net margin of 21.01%.The firm had revenue of $9.95 billion during the quarter, compared to analyst estimates of $9.69 billion. During the same quarter in the previous year, the business posted $2.77 EPS. Qualcomm’s revenue was down 4.0% compared to the same quarter last year. Qualcomm has set its Q4 2026 guidance at 2.050-2.250 EPS. On average, analysts predict that Qualcomm Incorporated will post 7.74 EPS for the current year.

Qualcomm Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, September 24th. Shareholders of record on Thursday, September 3rd will be issued a $0.92 dividend. This represents a $3.68 dividend on an annualized basis and a yield of 2.3%. The ex-dividend date of this dividend is Thursday, September 3rd. Qualcomm’s payout ratio is currently 42.59%.

Insider Buying and Selling at Qualcomm

In other news, CAO Patricia Y. Grech sold 625 shares of the firm’s stock in a transaction dated Friday, August 21st. The shares were sold at an average price of $162.85, for a total value of $101,781.25. Following the transaction, the chief accounting officer directly owned 208 shares in the company, valued at approximately $33,872.80. This trade represents a 75.03% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Akash J. Palkhiwala sold 2,500 shares of Qualcomm stock in a transaction dated Wednesday, August 12th. The shares were sold at an average price of $163.26, for a total transaction of $408,150.00. Following the completion of the transaction, the executive vice president directly owned 20,684 shares of the company’s stock, valued at $3,376,869.84. This trade represents a 10.78% 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. Insiders sold a total of 11,325 shares of company stock worth $1,925,859 over the last 90 days. Insiders own 0.05% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts have recently issued reports on QCOM shares. JPMorgan Chase & Co. increased their target price on Qualcomm from $160.00 to $265.00 and gave the company a “neutral” rating in a research note on Friday, June 5th. Tigress Financial boosted 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. The Goldman Sachs Group set a $160.00 price target on Qualcomm in a report on Thursday, July 30th. Citigroup lowered their price objective on shares of Qualcomm from $198.00 to $175.00 and set a “neutral” rating for the company in a research report on Wednesday, July 29th. Finally, Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and issued a $160.00 price objective on shares of Qualcomm in a report on Thursday, April 30th. Two investment analysts have rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating, twenty have issued a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat, Qualcomm presently has a consensus rating of “Hold” and an average target price of $203.76.

Get Our Latest Analysis on Qualcomm

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.