Fidelis Capital Partners LLC Raises Stock Holdings in Qualcomm Incorporated $QCOM

Posted by Brenda Bartman on May 28th, 2026

Fidelis Capital Partners LLC boosted its position in Qualcomm Incorporated (NASDAQ:QCOM – Free Report) by 9.8% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 33,357 shares of the wireless technology company’s stock after purchasing an additional 2,967 shares during the quarter. Fidelis Capital Partners LLC’s holdings in Qualcomm were worth $5,706,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in QCOM. Knights of Columbus Asset Advisors LLC increased its stake in shares of Qualcomm by 70.1% during the fourth quarter. Knights of Columbus Asset Advisors LLC now owns 74,245 shares of the wireless technology company’s stock valued at $12,700,000 after purchasing an additional 30,586 shares in the last quarter. ICW Investment Advisors LLC boosted its holdings in Qualcomm by 5.0% in the fourth quarter. ICW Investment Advisors LLC now owns 6,748 shares of the wireless technology company’s stock worth $1,154,000 after acquiring an additional 324 shares in the last quarter. Expressive Wealth LLC bought a new stake in Qualcomm in the fourth quarter worth $612,000. GHE LLC grew its stake in shares of Qualcomm by 21.9% in the fourth quarter. GHE LLC now owns 23,921 shares of the wireless technology company’s stock worth $4,092,000 after acquiring an additional 4,300 shares during the last quarter. Finally, Syverson Strege & Co increased its holdings in shares of Qualcomm by 10.5% during the fourth quarter. Syverson Strege & Co now owns 2,044 shares of the wireless technology company’s stock valued at $350,000 after acquiring an additional 194 shares in the last quarter. Hedge funds and other institutional investors own 74.35% of the company’s stock.

Key Qualcomm News

Here are the key news stories impacting Qualcomm this week:

Positive Sentiment: Qualcomm reportedly secured a custom ASIC/AI-chip supply deal with ByteDance, a win that could open a new revenue stream in data centers and strengthen its position in AI infrastructure. Reuters article
Positive Sentiment: Momentum in AI and semiconductor stocks has also lifted Qualcomm, with traders rotating into the sector and pushing QCOM to record highs on the ByteDance news. Yahoo Finance article
Positive Sentiment: Recent commentary highlights Qualcomm’s growing automotive and data-center ambitions, reinforcing the idea that the company may be re-rated as a broader AI semiconductor player rather than only a mobile-chip supplier. MarketBeat article
Neutral Sentiment: Some recent articles were mostly price-prediction or trend pieces, reflecting the stock’s strong recent rally rather than providing new fundamental information. 247WallSt article
Negative Sentiment: There are execution and regulatory risks around any ByteDance-related chip business, including potential U.S. export controls that could affect shipments to Chinese data-center customers. MarketBeat article

Analyst Ratings Changes

Several equities analysts have recently issued reports on QCOM shares. Melius Research set a $220.00 price target on Qualcomm in a research report on Monday, May 18th. Piper Sandler restated an “overweight” rating and set a $200.00 price objective on shares of Qualcomm in a research note on Thursday, February 5th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Qualcomm in a report on Friday, March 27th. Cantor Fitzgerald upped their target price on shares of Qualcomm from $135.00 to $150.00 and gave the stock a “neutral” rating in a research note on Thursday, April 30th. Finally, Citigroup increased their price target on shares of Qualcomm from $140.00 to $160.00 and gave the company a “neutral” rating in a report on Thursday, April 30th. Fourteen investment analysts have rated the stock with a Buy rating, sixteen have assigned a Hold rating and four have given a Sell rating to the stock. According to MarketBeat.com, Qualcomm currently has an average rating of “Hold” and a consensus target price of $181.79.

View Our Latest Analysis on Qualcomm

Insider Activity at Qualcomm

In other news, EVP Akash J. Palkhiwala sold 2,500 shares of the stock in a transaction on Tuesday, May 12th. The stock was sold at an average price of $211.90, for a total transaction of $529,750.00. Following the transaction, the executive vice president directly owned 28,184 shares of the company’s stock, valued at $5,972,189.60. This represents a 8.15% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CAO Patricia Y. Grech sold 829 shares of the firm’s stock in a transaction on Thursday, May 21st. The stock was sold at an average price of $201.77, for a total value of $167,267.33. 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. Over the last ninety days, insiders have sold 19,306 shares of company stock worth $3,435,583. Company insiders own 0.05% of the company’s stock.

Qualcomm Price Performance

NASDAQ QCOM opened at $233.40 on Thursday. Qualcomm Incorporated has a one year low of $121.99 and a one year high of $258.00. The stock has a 50-day moving average of $161.42 and a 200 day moving average of $160.11. 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 company has a market capitalization of $246.00 billion, a price-to-earnings ratio of 25.37, a PEG ratio of 30.82 and a beta of 1.49.

Qualcomm (NASDAQ:QCOM – Get Free Report) last posted its earnings results on Wednesday, April 29th. The wireless technology company reported $2.65 earnings per share (EPS) 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 analysts’ expectations of $10.59 billion. Qualcomm had a net margin of 22.31% and a return on equity of 42.11%. The business’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 business earned $2.85 EPS. Qualcomm has set its Q3 2026 guidance at 2.100-2.300 EPS. On average, sell-side analysts forecast that Qualcomm Incorporated will post 7.99 EPS for the current year.

Qualcomm Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, June 25th. Investors 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 1.6%. This is a positive change from Qualcomm’s previous quarterly dividend of $0.89. The ex-dividend date is Thursday, June 4th. Qualcomm’s payout ratio is currently 40.00%.

Qualcomm declared that its Board of Directors has initiated a stock repurchase program 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 repurchase up to 14.5% of its shares through open market purchases. Shares repurchase programs are usually a sign that the company’s board believes its stock is undervalued.

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.