Fjarde AP Fonden Fourth Swedish National Pension Fund Has $56.34 Million Stake in Qualcomm Incorporated $QCOM

Fjarde AP Fonden Fourth Swedish National Pension Fund raised its position in Qualcomm Incorporated (NASDAQ:QCOM) by 51.0% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 437,506 shares of the wireless technology company’s stock after buying an additional 147,750 shares during the quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund’s holdings in Qualcomm were worth $56,342,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. Richardson Financial Services Inc. lifted its stake in Qualcomm by 90.9% during the fourth quarter. Richardson Financial Services Inc. now owns 168 shares of the wireless technology company’s stock worth $29,000 after purchasing an additional 80 shares during the last quarter. Torren Management LLC bought a new position in Qualcomm in the fourth quarter valued at about $29,000. Caitong International Asset Management Co. Ltd raised its stake in Qualcomm by 17,000.0% during the fourth quarter. Caitong International Asset Management Co. Ltd now owns 171 shares of the wireless technology company’s stock worth $29,000 after acquiring an additional 170 shares in the last quarter. Birchwood Financial Partners Inc. bought a new position in shares of Qualcomm in the fourth quarter worth about $31,000. Finally, Glass Jacobson Investment Advisors llc boosted its stake in shares of Qualcomm by 113.5% in the 4th quarter. Glass Jacobson Investment Advisors llc now owns 190 shares of the wireless technology company’s stock valued at $32,000 after purchasing an additional 101 shares in the last quarter. 74.35% of the stock is owned by institutional investors.

More Qualcomm News

Here are the key news stories impacting Qualcomm this week:

• Positive Sentiment: Erste Group Bank slightly raised its FY2027 EPS estimate for Qualcomm, signaling modestly better earnings expectations for the wireless chipmaker. Erste Group Bank lifts FY2027 earnings estimate for Qualcomm
• Neutral Sentiment: Qualcomm was removed from several Russell growth and value indices, which can affect passive-fund ownership and trading flows, but does not change the company’s fundamentals. QUALCOMM (QCOM) Stock Just Lost Its Place In Several Russell Indices
• Neutral Sentiment: Some Wall Street commentary continues to frame Qualcomm as a secondary AI winner rather than a top “AI darling,” adding to debate over how much upside is already priced in. Qualcomm Stock: Not The Next AI Darling (Rating Downgrade)
• Negative Sentiment: Google reportedly chose MediaTek for its Triggerfish TPU work, potentially at Qualcomm’s expense and raising concerns about lost semiconductor design opportunities. Google taps MediaTek to build Triggerfish TPU
• Negative Sentiment: Elon Musk denied reports that SpaceX’s prototype AI device would use Qualcomm Snapdragon chips, removing a speculative catalyst that had helped sentiment earlier. QCOM Stock Slips Toward Fourth Straight Loss After Elon Musk Dismisses Reports
• Negative Sentiment: Broader tech and chip stocks were also weaker as investors rotated out of the sector and interest-rate worries weighed on momentum. SpaceX teases AI device post-IPO; QCOM gains, Apple unfazed

Insider Buying and Selling

In other Qualcomm news, EVP Akash J. Palkhiwala sold 2,500 shares of the firm’s stock in a transaction that occurred on Monday, April 13th. The shares were sold at an average price of $130.34, for a total transaction of $325,850.00. Following the completion of the transaction, the executive vice president owned 30,684 shares in the company, valued at approximately $3,999,352.56. This trade represents a 7.53% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Cristiano R. Amon sold 10,000 shares of the business’s stock in a transaction that occurred on Monday, May 4th. The stock was sold at an average price of $180.00, for a total transaction of $1,800,000.00. Following the completion of the transaction, the chief executive officer owned 197,568 shares in the company, valued at $35,562,240. This trade represents a 4.82% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 21,721 shares of company stock valued at $3,918,290 over the last 90 days. 0.05% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

Several brokerages recently commented on QCOM. Deutsche Bank Aktiengesellschaft reissued a “hold” rating and issued a $160.00 price objective on shares of Qualcomm in a research note on Thursday, April 30th. Rosenblatt Securities upped their price target on shares of Qualcomm from $190.00 to $265.00 and gave the stock a “buy” rating in a report on Thursday, June 25th. Bank of America increased their price target on Qualcomm from $165.00 to $195.00 and gave the company an “underperform” rating in a research note on Tuesday, June 23rd. Sanford C. Bernstein upped their target price on Qualcomm from $140.00 to $235.00 and gave the stock a “market perform” rating in a report on Thursday, June 25th. Finally, JPMorgan Chase & Co. increased their target price on Qualcomm from $160.00 to $265.00 and gave the company a “neutral” rating in a research report on Friday, June 5th. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating, twenty have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $220.45.

Qualcomm Price Performance

QCOM stock opened at $176.25 on Friday. The company has a market capitalization of $185.77 billion, a P/E ratio of 19.16, a PEG ratio of 5.41 and a beta of 1.63. The company has a fifty day moving average price of $204.84 and a 200-day moving average price of $167.89. The company has a debt-to-equity ratio of 0.54, a quick ratio of 1.61 and a current ratio of 2.37. Qualcomm Incorporated has a 52-week low of $121.99 and a 52-week high of $259.92.

Qualcomm (NASDAQ:QCOM) last issued its quarterly earnings data on Wednesday, April 29th. The wireless technology company reported $2.65 earnings per share for the quarter, topping the consensus estimate of $2.56 by $0.09. The company had revenue of $10.60 billion for the quarter, compared to analysts’ expectations of $10.59 billion. Qualcomm had a net margin of 22.31% and a return on equity of 42.11%. Qualcomm’s revenue for the quarter was down 3.5% on a year-over-year basis. During the same quarter in the previous year, the firm posted $2.85 earnings per share. Qualcomm has set its Q3 2026 guidance at 2.100-2.300 EPS. As a group, equities analysts expect that Qualcomm Incorporated will post 7.96 EPS for the current year.

Qualcomm announced that its Board of Directors has approved a stock repurchase plan 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 reacquire up to 14.5% of its stock through open market purchases. Stock buyback plans are often an indication that the company’s board of directors believes its shares are undervalued.

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.