Wilmington Savings Fund Society FSB Has $7.75 Million Stock Holdings in Qualcomm Incorporated $QCOM

Wilmington Savings Fund Society FSB reduced its holdings in shares of Qualcomm Incorporated (NASDAQ:QCOM) by 17.1% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 46,597 shares of the wireless technology company’s stock after selling 9,645 shares during the period. Wilmington Savings Fund Society FSB’s holdings in Qualcomm were worth $7,752,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the business. Harbor Capital Advisors Inc. increased its holdings in Qualcomm by 72.2% during the 3rd quarter. Harbor Capital Advisors Inc. now owns 155 shares of the wireless technology company’s stock valued at $26,000 after purchasing an additional 65 shares in the last quarter. Cloud Capital Management LLC bought a new position in Qualcomm in the 3rd quarter valued at $27,000. Winnow Wealth LLC acquired a new position in Qualcomm in the second quarter worth $32,000. Lavaca Capital LLC acquired a new position in Qualcomm in the second quarter worth $32,000. Finally, Guerra Advisors Inc bought a new stake in shares of Qualcomm during the third quarter worth $39,000. Institutional investors own 74.35% of the company’s stock.

Key Stories Impacting Qualcomm

Here are the key news stories impacting Qualcomm this week:

• Positive Sentiment: Board authorizes a $20 billion share repurchase and raises the dividend — the buyback can cover roughly 14.5% of outstanding shares, a sizable capital-return signal that typically supports the stock by reducing float and boosting EPS. Qualcomm Unveils $20 Billion Buyback, Raises Dividend to $3.68 Annual
• Positive Sentiment: Major outlets confirm the $20B repurchase on top of the company’s existing $2.1B authority — further publicity helps drive immediate buying interest. Chipmaker Qualcomm unveils $20 billion stock buyback program (Reuters)
• Positive Sentiment: Buyback and dividend bump reinforce thesis from some analysts and investors that QCOM is undervalued and that management is prioritizing shareholder returns. Why I’m Still Buying Qualcomm (Seeking Alpha)
• Neutral Sentiment: Strategic progress: Qualcomm inked a partnership with Wayve to integrate Snapdragon Ride with Wayve’s driving AI — a longer-term revenue opportunity in automotive and autonomy but not an immediate earnings driver. Qualcomm And Wayve Target Automotive AI Revenue With Integrated Driving Stack
• Neutral Sentiment: Several market write-ups highlight QCOM’s valuation and cash-return capacity, suggesting the buyback/dividend are logical given the balance sheet — useful context but not new catalysts. Is Qualcomm Stock Undervalued? (Forbes)
• Negative Sentiment: Analyst pressure: Seaport Global and other shops have recently downgraded QCOM, citing shrinking smartphone memory demand and other near-term headwinds — these calls can cap upside even as buybacks support the share price. Qualcomm downgraded at Seaport on shrinking market, memory crunch
• Negative Sentiment: Multiple negative analyst notes and recent share-price weakness have left “big money” cautious this week, underlining that execution in smartphones, memory supply chains, and the pace of automotive/AI revenue ramp remains a risk. Why Big Money Is Steering Clear Of Qualcomm Stock This Week (Forbes)

Insiders Place Their Bets

In related news, EVP Akash J. Palkhiwala sold 3,333 shares of the firm’s stock in a transaction on Friday, February 6th. The stock was sold at an average price of $137.65, for a total transaction of $458,787.45. Following the sale, the executive vice president owned 35,599 shares of the company’s stock, valued at approximately $4,900,202.35. This trade represents a 8.56% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, EVP Heather S. Ace sold 3,200 shares of Qualcomm stock in a transaction dated Monday, February 9th. The stock was sold at an average price of $137.00, for a total value of $438,400.00. Following the transaction, the executive vice president owned 16,393 shares in the company, valued at approximately $2,245,841. This represents a 16.33% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders sold 22,404 shares of company stock valued at $3,672,557. 0.05% of the stock is owned by corporate insiders.

Qualcomm Stock Performance

Shares of NASDAQ:QCOM opened at $131.59 on Wednesday. The firm’s 50 day simple moving average is $147.58 and its 200 day simple moving average is $161.96. Qualcomm Incorporated has a fifty-two week low of $120.80 and a fifty-two week high of $205.95. The company has a market capitalization of $140.41 billion, a price-to-earnings ratio of 27.19 and a beta of 1.25. 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) last issued its earnings results on Wednesday, February 4th. The wireless technology company reported $3.50 EPS for the quarter, beating the consensus estimate of $3.38 by $0.12. The firm had revenue of $12.25 billion during the quarter, compared to the consensus estimate of $12.16 billion. Qualcomm had a net margin of 11.96% and a return on equity of 44.09%. The business’s quarterly revenue was up 4.7% on a year-over-year basis. During the same quarter in the prior year, the firm earned $3.41 earnings per share. Qualcomm has set its Q2 2026 guidance at 2.450-2.650 EPS. As a group, sell-side analysts forecast that Qualcomm Incorporated will post 9.39 earnings per share for the current year.

Qualcomm declared that its Board of Directors has initiated a stock buyback plan on Tuesday, March 17th that allows the company to repurchase $20.00 billion in shares. This repurchase authorization allows the wireless technology company to repurchase up to 14.5% of its stock through open market purchases. Stock repurchase plans are generally a sign that the company’s board believes its shares are undervalued.

Qualcomm Dividend Announcement

The company also recently disclosed 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 is Thursday, March 5th. This represents a $3.56 dividend on an annualized basis and a dividend yield of 2.7%. Qualcomm’s dividend payout ratio is currently 73.55%.

Analysts Set New Price Targets

QCOM has been the subject of a number of research analyst reports. Susquehanna cut Qualcomm from a “positive” rating to a “neutral” rating and set a $140.00 price target for the company. in a report on Thursday, February 5th. Daiwa Securities Group lowered shares of Qualcomm from an “outperform” rating to a “neutral” rating and set a $140.00 price objective on the stock. in a report on Wednesday, February 11th. JPMorgan Chase & Co. lowered their price objective on shares of Qualcomm from $195.00 to $185.00 and set an “overweight” rating for the company in a research report on Thursday, February 5th. Sanford C. Bernstein reaffirmed an “outperform” rating and issued a $200.00 target price on shares of Qualcomm in a research note on Monday, February 2nd. Finally, Cantor Fitzgerald reduced their target price on shares of Qualcomm from $185.00 to $160.00 and set a “neutral” rating on the stock in a research report on Monday, February 2nd. One investment analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating, nine have given a Hold rating and three have assigned a Sell rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $168.00.

Qualcomm Company Profile

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.