Russell Investments Group Ltd. boosted its holdings in shares of Qualcomm Incorporated (NASDAQ:QCOM – Free Report) by 0.3% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,704,771 shares of the wireless technology company’s stock after acquiring an additional 4,662 shares during the period. Russell Investments Group Ltd.’s holdings in Qualcomm were worth $283,245,000 at the end of the most recent reporting period.
A number of other hedge funds also recently bought and sold shares of QCOM. waypoint wealth counsel boosted its holdings in shares of Qualcomm by 2.2% during the 3rd quarter. waypoint wealth counsel now owns 2,863 shares of the wireless technology company’s stock worth $476,000 after purchasing an additional 61 shares during the last quarter. Greykasell Wealth Strategies Inc. increased its holdings in shares of Qualcomm by 1.5% in the third quarter. Greykasell Wealth Strategies Inc. now owns 4,126 shares of the wireless technology company’s stock valued at $686,000 after purchasing an additional 61 shares during the last quarter. Baron Wealth Management LLC increased its holdings in shares of Qualcomm by 4.5% in the third quarter. Baron Wealth Management LLC now owns 1,431 shares of the wireless technology company’s stock valued at $238,000 after purchasing an additional 62 shares during the last quarter. Certified Advisory Corp lifted its position in Qualcomm by 0.6% during the third quarter. Certified Advisory Corp now owns 10,085 shares of the wireless technology company’s stock worth $1,678,000 after buying an additional 62 shares in the last quarter. Finally, Elser Financial Planning Inc lifted its position in Qualcomm by 3.7% during the third quarter. Elser Financial Planning Inc now owns 1,759 shares of the wireless technology company’s stock worth $297,000 after buying an additional 63 shares in the last quarter. Institutional investors and hedge funds own 74.35% of the company’s stock.
Wall Street Analysts Forecast Growth
Several brokerages have issued reports on QCOM. Royal Bank Of Canada dropped their target price on Qualcomm from $180.00 to $150.00 and set a “sector perform” rating for the company in a report on Thursday, February 5th. Citigroup reiterated a “neutral” rating on shares of Qualcomm in a report on Thursday, January 15th. Wall Street Zen cut shares of Qualcomm from a “buy” rating to a “hold” rating in a research report on Tuesday, December 9th. Cantor Fitzgerald cut their price objective on shares of Qualcomm from $185.00 to $160.00 and set a “neutral” rating for the company in a research report on Monday, February 2nd. Finally, TD Cowen reduced their target price on shares of Qualcomm from $190.00 to $150.00 and set a “buy” rating on the stock in a research note on Thursday, February 5th. One analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating, ten have issued a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $168.48.
Insider Transactions at Qualcomm
In other news, EVP Akash J. Palkhiwala sold 10,000 shares of the firm’s stock in a transaction on Thursday, December 18th. The stock was sold at an average price of $175.12, for a total transaction of $1,751,200.00. Following the completion of the transaction, the executive vice president directly owned 44,803 shares in the company, valued at $7,845,901.36. This trade represents a 18.25% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, EVP Ann C. Chaplin sold 7,180 shares of Qualcomm stock in a transaction on Tuesday, December 16th. The shares were sold at an average price of $178.03, for a total value of $1,278,255.40. Following the completion of the sale, the executive vice president directly owned 23,944 shares of the company’s stock, valued at $4,262,750.32. The trade was a 23.07% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 45,501 shares of company stock valued at $7,784,198 over the last three months. 0.05% of the stock is currently owned by company insiders.
Qualcomm Trading Down 1.0%
Shares of QCOM stock opened at $135.68 on Monday. Qualcomm Incorporated has a 1-year low of $120.80 and a 1-year high of $205.95. The firm has a market cap of $144.77 billion, a PE ratio of 28.03, a price-to-earnings-growth ratio of 6.78 and a beta of 1.25. The company has a 50-day moving average of $153.41 and a two-hundred day moving average of $163.22. The company has a debt-to-equity ratio of 0.64, a current ratio of 2.51 and a quick ratio of 1.83.
Qualcomm (NASDAQ:QCOM – Get Free Report) last released its quarterly earnings results on Wednesday, February 4th. The wireless technology company reported $3.50 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.38 by $0.12. Qualcomm had a net margin of 11.96% and a return on equity of 44.09%. The business had revenue of $12.25 billion for the quarter, compared to the consensus estimate of $12.16 billion. During the same period in the previous year, the firm earned $3.41 EPS. The business’s revenue was up 4.7% on a year-over-year basis. Qualcomm has set its Q2 2026 guidance at 2.450-2.650 EPS. On average, analysts predict that Qualcomm Incorporated will post 9.39 EPS for the current year.
Qualcomm Dividend Announcement
The company also recently declared a quarterly dividend, which will be paid on Thursday, March 26th. Shareholders of record on Thursday, March 5th will be paid a dividend of $0.89 per share. This represents a $3.56 dividend on an annualized basis and a yield of 2.6%. The ex-dividend date is Thursday, March 5th. Qualcomm’s dividend payout ratio is 73.55%.
Qualcomm News Roundup
Here are the key news stories impacting Qualcomm this week:
- Positive Sentiment: Qualcomm is pushing into robotics with a new Dragonwing robotics processor and CEO Cristiano Amon saying robotics could become a material business within ~2 years — a potential new revenue stream beyond smartphones. Qualcomm Expands Beyond Smartphones With Robotics And AI Native 6G Bets
- Positive Sentiment: Analysts and commentary argue the market may be underestimating Qualcomm’s robotics/AI opportunity, which could re-rate the stock if execution and commercialization accelerate. Qualcomm’s Robotics Push Could Be Bigger Than the Market Thinks
- Positive Sentiment: Partner/product traction at MWC: Fibocom launched a 5G MiFi solution using Qualcomm’s QMB415 platform, showing continued OEM adoption of QCOM silicon in wireless broadband devices. MWC 2026 | Fibocom Unveils 5G MiFi Solution
- Neutral Sentiment: Post-earnings drift: Zacks notes QCOM is modestly up since its earnings beat, as investors digest the quarter and the company’s Q2 guidance range. The EPS beat supports the case that results aren’t the immediate problem, but guidance and forward outlook remain focal. Why Is Qualcomm (QCOM) Up 0.5% Since Last Earnings Report?
- Neutral Sentiment: Qualcomm reiterated its role in driving AI-native 6G at MWC with executives emphasizing a 2029 commercialization target — strategic for long-term positioning but distant for near-term revenue impact. Qualcomm to bring 6G to market: ‘Massive change’ is coming, CFO says
- Negative Sentiment: Zacks highlights falling FY26–27 estimate revisions, China trade tensions, softer handset demand and rising R&D costs — factors that could pressure margins and near-term growth expectations. Should You Avoid QCOM Stock Amid Declining Estimate Revisions?
- Negative Sentiment: Sentiment/positioning signal: unusually large put buying (≈97,102 puts, ~58% above typical volume) and recent intraday weakness vs. the market suggest traders are hedging or betting on downside near term.
About Qualcomm
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.
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