Schroder Investment Management Group Purchases 78,129 Shares of Qualcomm Incorporated $QCOM

Schroder Investment Management Group lifted its position in shares of Qualcomm Incorporated (NASDAQ:QCOM) by 5.0% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,649,755 shares of the wireless technology company’s stock after purchasing an additional 78,129 shares during the quarter. Schroder Investment Management Group’s holdings in Qualcomm were worth $272,705,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Harbor Capital Advisors Inc. raised its stake in Qualcomm by 72.2% during the 3rd quarter. Harbor Capital Advisors Inc. now owns 155 shares of the wireless technology company’s stock worth $26,000 after buying an additional 65 shares during the period. Cloud Capital Management LLC bought a new stake in shares of Qualcomm in the third quarter worth about $27,000. Winnow Wealth LLC bought a new stake in shares of Qualcomm in the second quarter worth about $32,000. Lavaca Capital LLC acquired a new stake in shares of Qualcomm during the second quarter worth about $32,000. Finally, Howard Hughes Medical Institute bought a new position in shares of Qualcomm during the 2nd quarter valued at about $38,000. Institutional investors and hedge funds own 74.35% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms recently issued reports on QCOM. Evercore lowered their target price on Qualcomm from $157.00 to $134.00 and set an “in-line” rating for the company in a research note on Thursday, February 5th. Robert W. Baird set a $177.00 price target on shares of Qualcomm in a research note on Thursday, February 5th. Wells Fargo & Company upgraded shares of Qualcomm from an “underweight” rating to an “equal weight” rating and raised their price objective for the stock from $135.00 to $185.00 in a report on Tuesday, February 24th. JPMorgan Chase & Co. reduced their target price on shares of Qualcomm from $195.00 to $185.00 and set an “overweight” rating for the company in a research note on Thursday, February 5th. Finally, UBS Group reiterated a “neutral” rating on shares of Qualcomm in a report on Monday, February 2nd. One investment 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 assigned a Sell rating to the company. According to MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $168.48.

Qualcomm Stock Performance

Shares of QCOM stock opened at $135.68 on Monday. Qualcomm Incorporated has a 12 month low of $120.80 and a 12 month high of $205.95. The company’s fifty day simple moving average is $153.41 and its 200-day simple moving average is $163.22. The firm has a market cap of $144.77 billion, a PE ratio of 28.03, a P/E/G ratio of 6.78 and a beta of 1.25. The company has a quick ratio of 1.83, a current ratio of 2.51 and a debt-to-equity ratio of 0.64.

Qualcomm (NASDAQ:QCOM) last released its earnings results on Wednesday, February 4th. The wireless technology company reported $3.50 earnings per share 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 during the quarter, compared to the consensus estimate of $12.16 billion. During the same quarter last year, the firm earned $3.41 earnings per share. The firm’s revenue for the quarter was up 4.7% compared to the same quarter last year. Qualcomm has set its Q2 2026 guidance at 2.450-2.650 EPS. Equities research analysts expect that Qualcomm Incorporated will post 9.39 EPS for the current fiscal year.

Qualcomm Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, March 26th. Investors of record on Thursday, March 5th will be given a $0.89 dividend. The ex-dividend date of this dividend is Thursday, March 5th. This represents a $3.56 dividend on an annualized basis and a dividend yield of 2.6%. Qualcomm’s payout ratio is currently 73.55%.

Insider Buying and Selling

In related news, EVP Heather S. Ace sold 3,200 shares of the stock in a transaction that occurred on Monday, February 9th. The stock was sold at an average price of $137.00, for a total transaction of $438,400.00. Following the completion of the transaction, the executive vice president directly owned 16,393 shares of the company’s stock, valued at approximately $2,245,841. This represents a 16.33% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, EVP Ann C. Chaplin sold 7,180 shares of the firm’s stock in a transaction that occurred 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 transaction, the executive vice president owned 23,944 shares of the company’s stock, valued at approximately $4,262,750.32. This represents a 23.07% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last ninety days, insiders have sold 45,501 shares of company stock worth $7,784,198. Insiders own 0.05% of the company’s stock.

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.