Northwestern Mutual Wealth Management Co. Sells 28,743 Shares of Qualcomm Incorporated $QCOM

Posted by Brenda Bartman on May 21st, 2026

Northwestern Mutual Wealth Management Co. trimmed its stake in Qualcomm Incorporated (NASDAQ:QCOM – Free Report) by 27.2% in the 4th quarter, HoldingsChannel reports. The fund owned 76,984 shares of the wireless technology company’s stock after selling 28,743 shares during the quarter. Northwestern Mutual Wealth Management Co.’s holdings in Qualcomm were worth $13,168,000 as of its most recent SEC filing.

Other large investors have also recently made changes to their positions in the company. Cloud Capital Management LLC bought a new position in shares of Qualcomm in the 3rd quarter worth $27,000. Richardson Financial Services Inc. raised its position in shares of Qualcomm by 90.9% in the 4th quarter. Richardson Financial Services Inc. now owns 168 shares of the wireless technology company’s stock worth $29,000 after acquiring an additional 80 shares in the last quarter. Torren Management LLC bought a new position in shares of Qualcomm in the 4th quarter worth $29,000. Glass Jacobson Investment Advisors llc raised its position in shares of Qualcomm by 113.5% in the 4th 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 bought a new position in shares of Qualcomm in the 4th quarter worth $34,000. 74.35% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Several research analysts have recently commented on the company. Wells Fargo & Company lowered Qualcomm from a “positive” rating to an “underweight” rating in a research report on Friday, May 8th. Robert W. Baird set a $300.00 price target on Qualcomm in a research report on Friday, May 1st. UBS Group lowered Qualcomm from a “neutral” rating to an “underperform” rating in a research report on Friday, May 8th. Morgan Stanley started coverage on Qualcomm in a research report on Friday, May 8th. They issued an “overweight” rating for the company. Finally, Mizuho dropped their target price on Qualcomm from $160.00 to $140.00 and set a “neutral” rating on the stock in a research note on Thursday, February 5th. Fourteen analysts have rated the stock with a Buy rating, sixteen have assigned a Hold rating and four have issued a Sell rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $181.79.

Get Our Latest Report on Qualcomm

Qualcomm Stock Up 3.5%

Shares of QCOM stock opened at $202.51 on Thursday. Qualcomm Incorporated has a 1-year low of $121.99 and a 1-year high of $247.90. The stock’s fifty day moving average price is $151.18 and its 200 day moving average price is $158.10. The company has a debt-to-equity ratio of 0.54, a current ratio of 2.37 and a quick ratio of 1.61. The company has a market cap of $213.45 billion, a price-to-earnings ratio of 22.01, a price-to-earnings-growth ratio of 24.23 and a beta of 1.49.

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

Qualcomm Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, June 25th. Shareholders of record on Thursday, June 4th will be paid a dividend of $0.92 per share. This represents a $3.68 annualized dividend and a yield of 1.8%. The ex-dividend date is Thursday, June 4th. This is a boost from Qualcomm’s previous quarterly dividend of $0.89. Qualcomm’s dividend payout ratio (DPR) is presently 38.70%.

Qualcomm declared that its Board of Directors has initiated a stock buyback plan on Tuesday, March 17th that authorizes the company to repurchase $20.00 billion in shares. This repurchase authorization authorizes the wireless technology company to buy up to 14.5% of its shares through open market purchases. Shares repurchase plans are often an indication that the company’s leadership believes its stock is undervalued.

Insider Transactions at Qualcomm

In other Qualcomm news, CEO Cristiano R. Amon sold 10,000 shares of the business’s stock in a transaction dated Monday, May 4th. The stock was sold at an average price of $180.00, for a total transaction of $1,800,000.00. Following the sale, the chief executive officer owned 197,568 shares in the company, valued at approximately $35,562,240. The trade was a 4.82% decrease in their position. 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 business’s stock in a transaction dated Monday, May 4th. The shares were sold at an average price of $177.82, for a total value of $569,024.00. Following the sale, the executive vice president owned 39,735 shares in the company, valued at approximately $7,065,677.70. The trade was a 7.45% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 18,477 shares of company stock worth $3,268,316 in the last 90 days. 0.05% of the stock is owned by company insiders.

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.