Mediolanum International Funds Ltd Purchases 34,367 Shares of QUALCOMM Incorporated $QCOM

Mediolanum International Funds Ltd lifted its position in shares of QUALCOMM Incorporated (NASDAQ:QCOM) by 12.9% during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 300,501 shares of the wireless technology company’s stock after purchasing an additional 34,367 shares during the quarter. Mediolanum International Funds Ltd’s holdings in QUALCOMM were worth $49,673,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in QCOM. Norges Bank purchased a new position in shares of QUALCOMM during the second quarter valued at approximately $2,713,603,000. Amundi increased its position in QUALCOMM by 38.2% during the 2nd quarter. Amundi now owns 11,533,094 shares of the wireless technology company’s stock valued at $1,866,451,000 after buying an additional 3,186,524 shares in the last quarter. Viking Global Investors LP increased its position in QUALCOMM by 120.1% during the 2nd quarter. Viking Global Investors LP now owns 3,152,866 shares of the wireless technology company’s stock valued at $502,125,000 after buying an additional 1,720,529 shares in the last quarter. Rafferty Asset Management LLC raised its stake in QUALCOMM by 59.1% during the second quarter. Rafferty Asset Management LLC now owns 4,418,406 shares of the wireless technology company’s stock valued at $703,675,000 after buying an additional 1,641,068 shares during the last quarter. Finally, Worldquant Millennium Advisors LLC boosted its holdings in QUALCOMM by 228.6% in the second quarter. Worldquant Millennium Advisors LLC now owns 1,130,038 shares of the wireless technology company’s stock worth $179,970,000 after acquiring an additional 786,110 shares in the last quarter. 74.35% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

QCOM has been the subject of several recent analyst reports. Citigroup reaffirmed a “neutral” rating on shares of QUALCOMM in a research report on Thursday, January 15th. JPMorgan Chase & Co. lifted their target price on shares of QUALCOMM from $200.00 to $210.00 and gave the stock an “overweight” rating in a report on Tuesday, November 4th. Zacks Research downgraded shares of QUALCOMM from a “hold” rating to a “strong sell” rating in a research note on Tuesday, January 27th. Piper Sandler increased their price target on shares of QUALCOMM from $175.00 to $200.00 and gave the company an “overweight” rating in a report on Thursday, November 6th. Finally, Bank of America boosted their price objective on shares of QUALCOMM from $200.00 to $215.00 and gave the stock a “buy” rating in a report on Thursday, November 6th. Ten investment analysts have rated the stock with a Buy rating, eight have given a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $189.06.

QUALCOMM Trading Down 0.4%

NASDAQ:QCOM opened at $151.59 on Friday. The company has a market cap of $161.91 billion, a PE ratio of 31.00, a price-to-earnings-growth ratio of 3.39 and a beta of 1.21. The company has a current ratio of 2.82, a quick ratio of 2.10 and a debt-to-equity ratio of 0.70. The company has a 50 day simple moving average of $169.22 and a two-hundred day simple moving average of $165.36. QUALCOMM Incorporated has a 12 month low of $120.80 and a 12 month high of $205.95.

QUALCOMM (NASDAQ:QCOM) last released its quarterly earnings results on Wednesday, November 5th. The wireless technology company reported $3.00 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.87 by $0.13. The firm had revenue of $11.27 billion for the quarter, compared to the consensus estimate of $10.74 billion. QUALCOMM had a return on equity of 43.22% and a net margin of 12.51%.The company’s revenue for the quarter was up 10.0% on a year-over-year basis. During the same period last year, the business posted $2.69 EPS. QUALCOMM has set its Q1 2026 guidance at 3.300-3.500 EPS. Research analysts forecast that QUALCOMM Incorporated will post 9.39 earnings per share for the current year.

QUALCOMM Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, March 26th. Stockholders of record on Thursday, March 5th will be given a dividend of $0.89 per share. The ex-dividend date of this dividend is Thursday, March 5th. This represents a $3.56 annualized dividend and a dividend yield of 2.3%. QUALCOMM’s dividend payout ratio is presently 72.80%.

Insider Transactions at QUALCOMM

In other QUALCOMM news, EVP Alexander H. Rogers sold 15,917 shares of the stock in a transaction that occurred on Tuesday, December 16th. The shares were sold at an average price of $178.01, for a total value of $2,833,385.17. Following the transaction, the executive vice president directly owned 26,071 shares in the company, valued at approximately $4,640,898.71. This trade represents a 37.91% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Ann C. Chaplin sold 7,180 shares of QUALCOMM stock in a transaction on Tuesday, December 16th. The stock was sold at an average price of $178.03, for a total transaction of $1,278,255.40. Following the transaction, the executive vice president owned 23,944 shares in the company, valued at $4,262,750.32. This represents a 23.07% decrease in their position. The SEC filing for this sale provides additional information. Over the last ninety days, insiders have sold 44,820 shares of company stock worth $7,883,482. 0.05% of the stock is currently owned by corporate insiders.

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.