Marble Wealth LLC Makes New $1.15 Million Investment in Qualcomm Incorporated $QCOM

Marble Wealth LLC acquired a new position in shares of Qualcomm Incorporated (NASDAQ:QCOM) in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 6,744 shares of the wireless technology company’s stock, valued at approximately $1,154,000.

Several other institutional investors and hedge funds also recently bought and sold shares of the company. Certified Advisory Corp boosted its stake 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 during the period. ProVise Management Group LLC boosted its stake in Qualcomm by 2.6% during the third quarter. ProVise Management Group LLC now owns 2,560 shares of the wireless technology company’s stock worth $426,000 after buying an additional 64 shares during the period. Baker Tilly Wealth Management LLC boosted its stake in Qualcomm by 1.0% during the fourth quarter. Baker Tilly Wealth Management LLC now owns 6,401 shares of the wireless technology company’s stock worth $1,095,000 after buying an additional 64 shares during the period. Dakota Community Bank & Trust NA boosted its stake in Qualcomm by 3.6% during the fourth quarter. Dakota Community Bank & Trust NA now owns 1,847 shares of the wireless technology company’s stock worth $316,000 after buying an additional 65 shares during the period. Finally, Burns J W & Co. Inc. NY boosted its stake in Qualcomm by 2.1% during the fourth quarter. Burns J W & Co. Inc. NY now owns 3,253 shares of the wireless technology company’s stock worth $556,000 after buying an additional 66 shares during the period. 74.35% of the stock is owned by hedge funds and other institutional investors.

Qualcomm Stock Up 5.2%

Shares of QCOM opened at $240.84 on Wednesday. The firm has a market capitalization of $253.85 billion, a P/E ratio of 26.18, a P/E/G ratio of 28.36 and a beta of 1.59. Qualcomm Incorporated has a 12-month low of $121.99 and a 12-month high of $259.92. The company has a current ratio of 2.37, a quick ratio of 1.61 and a debt-to-equity ratio of 0.54. The firm has a fifty day moving average price of $168.02 and a 200-day moving average price of $161.56.

Qualcomm (NASDAQ:QCOM) last issued its earnings results on Wednesday, April 29th. The wireless technology company reported $2.65 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.56 by $0.09. The firm had revenue of $10.60 billion during the quarter, compared to analyst estimates of $10.59 billion. Qualcomm had a net margin of 22.31% and a return on equity of 42.11%. The business’s revenue was down 3.5% on a year-over-year basis. During the same period in the previous year, the firm earned $2.85 earnings per share. Qualcomm has set its Q3 2026 guidance at 2.100-2.300 EPS. Equities research analysts expect that Qualcomm Incorporated will post 7.99 earnings per share for the current year.

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

Qualcomm Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, June 25th. Investors of record on Thursday, June 4th will be paid a $0.92 dividend. This represents a $3.68 dividend on an annualized basis and a yield of 1.5%. This is a boost from Qualcomm’s previous quarterly dividend of $0.89. The ex-dividend date of this dividend is Thursday, June 4th. Qualcomm’s payout ratio is currently 40.00%.

Insider Buying and Selling at Qualcomm

In other Qualcomm news, EVP Heather S. Ace sold 3,200 shares of the stock in a transaction dated Monday, May 4th. The shares were sold at an average price of $177.82, for a total transaction of $569,024.00. Following the transaction, the executive vice president directly owned 39,735 shares in the company, valued at $7,065,677.70. This represents a 7.45% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CAO Patricia Y. Grech sold 829 shares of the stock in a transaction dated Thursday, May 21st. The stock was sold at an average price of $201.77, for a total transaction of $167,267.33. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 19,306 shares of company stock valued at $3,435,583 in the last ninety days. 0.05% of the stock is owned by insiders.

Key Qualcomm News

Here are the key news stories impacting Qualcomm this week:

• Positive Sentiment: Qualcomm highlighted its AI push at Computex, saying 2026 is the “year of the agent” and unveiling its “Dragonfly” brand for AI/data-center chips, reinforcing the company’s growth narrative beyond smartphones. Article Title
• Positive Sentiment: Analyst and price-target commentary centered on whether Qualcomm can reach $300 this year, reflecting upbeat sentiment around its valuation and AI-driven upside potential. Article Title
• Positive Sentiment: Qualcomm’s entry-level Snapdragon PC chip is being positioned to win share in laptops with all-day battery life and built-in AI, with support from Acer, HP, and Lenovo. Article Title
• Neutral Sentiment: Coverage noted Qualcomm remains part of the broader AI-PC trade, with debate over whether the stock is outperforming the technology sector on a relative basis. Article Title
• Negative Sentiment: Nvidia’s new RTX Spark/laptop chip has intensified competition in AI PCs, pressuring Qualcomm shares as investors worry about share loss in a key growth market. Article Title
• Negative Sentiment: Several reports said Qualcomm shares slipped when Nvidia unveiled its AI PC push, underscoring near-term concerns that the chipmaker could face tougher competition in Windows-on-Arm and AI-enabled laptops. Article Title

Analyst Ratings Changes

QCOM has been the subject of several recent analyst reports. Benchmark lifted their price objective on shares of Qualcomm from $200.00 to $225.00 and gave the stock a “buy” rating in a research note on Thursday, April 30th. Summit Insights raised shares of Qualcomm from a “hold” rating to a “buy” rating in a research note on Thursday, April 30th. Cantor Fitzgerald lifted their price objective 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. Argus set a $220.00 target price on shares of Qualcomm in a research note on Friday, May 1st. Finally, Evercore set a $179.00 target price on shares of Qualcomm in a research note on Thursday, April 30th. Fourteen investment analysts have rated the stock with a Buy rating, sixteen have given a Hold rating and four have issued a Sell rating to the company. Based on data from MarketBeat, the company has an average rating of “Hold” and a consensus target price of $181.79.

Qualcomm 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.