HF Advisory Group LLC Has $10.93 Million Stake in Qualcomm Incorporated $QCOM

HF Advisory Group LLC lifted its stake in shares of Qualcomm Incorporated (NASDAQ:QCOM) by 977.5% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 63,896 shares of the wireless technology company’s stock after acquiring an additional 57,966 shares during the quarter. HF Advisory Group LLC’s holdings in Qualcomm were worth $10,929,000 as of its most recent filing with the SEC.

Other institutional investors have also made changes to their positions in the company. Brighton Jones LLC lifted its stake in shares of Qualcomm by 116.6% in the fourth quarter. Brighton Jones LLC now owns 17,356 shares of the wireless technology company’s stock worth $2,666,000 after buying an additional 9,343 shares during the last quarter. Revolve Wealth Partners LLC boosted its holdings in Qualcomm by 15.4% during the fourth quarter. Revolve Wealth Partners LLC now owns 2,542 shares of the wireless technology company’s stock valued at $391,000 after acquiring an additional 340 shares during the period. Sivia Capital Partners LLC grew its position in shares of Qualcomm by 44.3% in the second quarter. Sivia Capital Partners LLC now owns 3,325 shares of the wireless technology company’s stock valued at $530,000 after purchasing an additional 1,020 shares during the last quarter. Edgestream Partners L.P. grew its position in shares of Qualcomm by 2,835.1% in the second quarter. Edgestream Partners L.P. now owns 40,915 shares of the wireless technology company’s stock valued at $6,516,000 after purchasing an additional 39,521 shares during the last quarter. Finally, Quantbot Technologies LP increased its stake in shares of Qualcomm by 140.3% in the second quarter. Quantbot Technologies LP now owns 23,883 shares of the wireless technology company’s stock worth $3,804,000 after purchasing an additional 13,943 shares during the period. 74.35% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several research firms recently weighed in on QCOM. Bank of America started coverage on Qualcomm in a research note on Tuesday, March 10th. They set an “underperform” rating and a $145.00 target price for the company. Mizuho dropped their price target on Qualcomm from $160.00 to $140.00 and set a “neutral” rating on the stock in a research report on Thursday, February 5th. Morgan Stanley started coverage on Qualcomm in a research report on Tuesday, February 10th. They issued an “underweight” rating and a $132.00 price objective for the company. 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 research note on Tuesday, February 24th. Finally, Argus cut their target price on shares of Qualcomm from $205.00 to $180.00 and set a “buy” rating for the company in a research note on Friday, February 6th. One investment analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating, eleven have issued a Hold rating and three have assigned a Sell rating to the company’s stock. According to MarketBeat.com, Qualcomm has a consensus rating of “Hold” and an average target price of $163.77.

Insider Activity at Qualcomm

In related news, EVP Heather S. Ace sold 3,200 shares of the business’s stock in a transaction on Monday, February 9th. The stock was sold at an average price of $137.00, for a total value of $438,400.00. Following the sale, the executive vice president owned 16,393 shares of the company’s stock, valued at $2,245,841. The trade was a 16.33% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Akash J. Palkhiwala sold 3,333 shares of the stock in a transaction on Friday, February 6th. The stock was sold at an average price of $137.65, for a total value of $458,787.45. Following the transaction, the executive vice president owned 35,599 shares of the company’s stock, valued at $4,900,202.35. This represents a 8.56% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 9,866 shares of company stock valued at $1,474,796 in the last 90 days. 0.05% of the stock is owned by corporate insiders.

Qualcomm Trading Down 1.2%

Shares of QCOM stock opened at $127.28 on Thursday. The firm has a fifty day moving average of $139.39 and a 200-day moving average of $159.58. The stock has a market cap of $135.81 billion, a price-to-earnings ratio of 26.30 and a beta of 1.28. Qualcomm Incorporated has a 52-week low of $120.80 and a 52-week high of $205.95. The company has a debt-to-equity ratio of 0.64, a quick ratio of 1.83 and a current ratio of 2.51.

Qualcomm (NASDAQ:QCOM) last issued its earnings results on Wednesday, February 4th. The wireless technology company reported $3.50 earnings per share for the quarter, beating the consensus estimate 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 analyst estimates of $12.16 billion. During the same period in the previous year, the business earned $3.41 EPS. The firm’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, equities research analysts forecast that Qualcomm Incorporated will post 9.39 earnings per share for the current fiscal year.

Qualcomm Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, March 26th. Stockholders of record on Thursday, March 5th were issued a $0.89 dividend. The ex-dividend date of this dividend was Thursday, March 5th. This represents a $3.56 dividend on an annualized basis and a dividend yield of 2.8%. Qualcomm’s dividend payout ratio is presently 73.55%.

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

Key Headlines Impacting Qualcomm

Here are the key news stories impacting Qualcomm this week:

• Positive Sentiment: Inclusion on a list of the “7 cheapest AI data center stocks” highlights QCOM’s relative valuation vs. peers and could attract investor interest in Qualcomm’s data-center/AI positioning. Is QUALCOMM Incorporated (QCOM) Among the 7 Cheapest AI Data Center Stocks to Buy Now?
• Positive Sentiment: Goldman Sachs initiated coverage on QCOM — initiation by a major bank often draws investor attention and can support liquidity and re‑rating if the view is constructive. Qualcomm (NASDAQ:QCOM) Coverage Initiated at The Goldman Sachs Group
• Positive Sentiment: Mentioned as a cheap DRIP candidate with a low forward P/E in curated dividend/DRIP lists — attention from income/value investors could provide a buyer base at lower prices. 5 Cheap DRIP Stocks to Buy Now
• Neutral Sentiment: Coverage across consumer finance outlets questions whether the pullback has created a true value opportunity; this keeps the stock on investors’ watchlists but doesn’t resolve near‑term demand or margin concerns. Is QUALCOMM (QCOM) Starting To Look Attractive After Its Recent Share Price Pullback?
• Neutral Sentiment: Globe and Mail notes analysts are conflicted on Qualcomm — mixed broker views create volatility and keep guidance/earnings execution in focus. Analysts Conflicted on These Technology Names: Qualcomm (QCOM) and Shimadzu (OtherSHMZF)
• Negative Sentiment: Zacks highlights a 25.5% three‑month drop and flags margin pressure, China risks and weak handset demand as near-term headwinds — these are concrete operational and macro factors that can weigh on revenue and multiple compression. Qualcomm Declines 25.5% in Past 3 Months: Should Investors Worry?
• Negative Sentiment: A Seeking Alpha downgrade argues the company’s “cracks are widening,” underscoring analyst skepticism about sustainability of margins and growth — downgrades can accelerate selling pressure. Qualcomm: The Cracks Are Widening And Broadening (Downgrade)

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.