Resona Asset Management Co. Ltd. Lowers Stake in Qualcomm Incorporated $QCOM

Posted by George Bondi on May 19th, 2026

Resona Asset Management Co. Ltd. lessened its stake in Qualcomm Incorporated (NASDAQ:QCOM – Free Report) by 6.3% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 327,074 shares of the wireless technology company’s stock after selling 21,952 shares during the quarter. Resona Asset Management Co. Ltd.’s holdings in Qualcomm were worth $56,082,000 at the end of the most recent reporting period.

Other hedge funds have also recently modified their holdings of the company. Cloud Capital Management LLC purchased a new position in shares of Qualcomm in the third quarter worth $27,000. Richardson Financial Services Inc. lifted its holdings in shares of Qualcomm by 90.9% in the fourth quarter. Richardson Financial Services Inc. now owns 168 shares of the wireless technology company’s stock worth $29,000 after buying an additional 80 shares in the last quarter. Torren Management LLC purchased a new position in shares of Qualcomm in the fourth quarter worth $29,000. Glass Jacobson Investment Advisors llc lifted its holdings in shares of 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 buying an additional 101 shares in the last quarter. Finally, Board of the Pension Protection Fund purchased a new position in shares of Qualcomm in the fourth quarter worth $34,000. Hedge funds and other institutional investors own 74.35% of the company’s stock.

Qualcomm Trading Up 1.1%

Shares of QCOM opened at $203.64 on Tuesday. The company’s fifty day moving average is $148.69 and its 200 day moving average is $157.80. Qualcomm Incorporated has a fifty-two week low of $121.99 and a fifty-two week high of $247.90. The stock has a market capitalization of $214.64 billion, a PE ratio of 22.13, a P/E/G ratio of 24.96 and a beta of 1.49. The company has a debt-to-equity ratio of 0.54, a quick ratio of 1.61 and a current ratio of 2.37.

Qualcomm (NASDAQ:QCOM – Get Free Report) last announced its quarterly earnings results on Wednesday, April 29th. The wireless technology company reported $2.65 earnings per share for the quarter, topping the consensus estimate of $2.56 by $0.09. Qualcomm had a net margin of 22.31% and a return on equity of 42.11%. The company had revenue of $10.60 billion for the quarter, compared to analysts’ expectations of $10.59 billion. During the same quarter in the previous year, the business posted $2.85 earnings per share. Qualcomm’s quarterly revenue was down 3.5% on a year-over-year basis. Qualcomm has set its Q3 2026 guidance at 2.100-2.300 EPS. Sell-side analysts expect that Qualcomm Incorporated will post 7.99 earnings per share for the current fiscal year.

Qualcomm declared that its board has authorized a share buyback plan 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 stock through open market purchases. Stock buyback plans are usually a sign that the company’s leadership believes its stock is 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 given a dividend of $0.92 per share. This represents a $3.68 dividend on an annualized basis and a yield of 1.8%. This is a positive change from Qualcomm’s previous quarterly dividend of $0.89. The ex-dividend date is Thursday, June 4th. Qualcomm’s dividend payout ratio (DPR) is presently 40.00%.

Insider Activity

In other Qualcomm news, EVP Heather S. Ace sold 3,200 shares of the business’s stock in a transaction on Monday, May 4th. The shares were sold at an average price of $177.82, for a total transaction of $569,024.00. Following the transaction, the executive vice president owned 39,735 shares in the company, valued at $7,065,677.70. The trade was a 7.45% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Cristiano R. Amon sold 10,000 shares of the business’s stock in a transaction on Monday, May 4th. The shares were sold at an average price of $180.00, for a total transaction of $1,800,000.00. Following the transaction, the chief executive officer owned 197,568 shares in the company, valued at $35,562,240. This trade represents a 4.82% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders have sold 18,477 shares of company stock worth $3,268,316. 0.05% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

Several equities analysts have recently commented on the stock. Oppenheimer downgraded shares of Qualcomm from a “market perform” rating to a “market perform” rating in a report on Friday, May 8th. JPMorgan Chase & Co. boosted their target price on shares of Qualcomm from $140.00 to $160.00 and gave the stock a “neutral” rating in a report on Thursday, April 30th. Craig Hallum raised shares of Qualcomm to a “buy” rating in a report on Friday, May 8th. Seaport Research Partners reissued a “sell” rating and issued a $100.00 target price on shares of Qualcomm in a report on Monday, March 16th. Finally, BNP Paribas Exane downgraded shares of Qualcomm to a “neutral” rating in a report on Wednesday, April 29th. Fourteen research analysts have rated the stock with a Buy rating, sixteen have given a Hold rating and four have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, Qualcomm currently has a consensus rating of “Hold” and a consensus price target of $181.79.

View Our Latest Analysis on Qualcomm

Qualcomm Company 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.