Mn Services Vermogensbeheer B.V. Boosts Stock Position in Qualcomm Incorporated $QCOM

Mn Services Vermogensbeheer B.V. increased its position in Qualcomm Incorporated (NASDAQ:QCOM) by 1.9% in the 4th quarter, HoldingsChannel reports. The fund owned 428,397 shares of the wireless technology company’s stock after buying an additional 7,897 shares during the quarter. Mn Services Vermogensbeheer B.V.’s holdings in Qualcomm were worth $73,277,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Harbor Capital Advisors Inc. boosted its position in shares of Qualcomm by 72.2% in the third quarter. Harbor Capital Advisors Inc. now owns 155 shares of the wireless technology company’s stock worth $26,000 after purchasing an additional 65 shares during the period. Cloud Capital Management LLC bought a new stake in shares of Qualcomm during the 3rd quarter valued at $27,000. Lavaca Capital LLC bought a new stake in shares of Qualcomm during the 2nd quarter valued at $32,000. Board of the Pension Protection Fund purchased a new position in shares of Qualcomm during the 4th quarter valued at $34,000. Finally, Guerra Advisors Inc purchased a new position in shares of Qualcomm during the 3rd quarter valued at $39,000. Institutional investors own 74.35% of the company’s stock.

Qualcomm Stock Down 0.0%

Shares of QCOM stock opened at $127.07 on Tuesday. The stock has a market cap of $135.58 billion, a P/E ratio of 26.25 and a beta of 1.25. Qualcomm Incorporated has a 52 week low of $120.80 and a 52 week high of $205.95. The company has a quick ratio of 1.83, a current ratio of 2.51 and a debt-to-equity ratio of 0.64. The company’s fifty day simple moving average is $140.47 and its two-hundred day simple moving average is $160.04.

Qualcomm (NASDAQ:QCOM) last issued its quarterly earnings data on Wednesday, February 4th. The wireless technology company reported $3.50 earnings per share for the quarter, beating analysts’ consensus estimates of $3.38 by $0.12. Qualcomm had a return on equity of 44.09% and a net margin of 11.96%.The firm had revenue of $12.25 billion during the quarter, compared to analyst estimates of $12.16 billion. During the same quarter last year, the business posted $3.41 earnings per share. The business’s quarterly revenue was up 4.7% compared to the same quarter last year. Qualcomm has set its Q2 2026 guidance at 2.450-2.650 EPS. Analysts predict that Qualcomm Incorporated will post 9.39 EPS for the current fiscal year.

Qualcomm Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, March 26th. Shareholders of record on Thursday, March 5th were issued a dividend of $0.89 per share. This represents a $3.56 annualized dividend and a yield of 2.8%. The ex-dividend date was Thursday, March 5th. Qualcomm’s dividend payout ratio (DPR) is currently 73.55%.

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

Wall Street Analysts Forecast Growth

A number of equities research analysts have issued reports on the company. Citigroup reiterated a “neutral” rating on shares of Qualcomm in a research note on Thursday, January 15th. Robert W. Baird set a $177.00 price objective on Qualcomm in a research report on Thursday, February 5th. Morgan Stanley began coverage on Qualcomm in a research note on Tuesday, February 10th. They issued an “underweight” rating and a $132.00 price objective for the company. Wall Street Zen cut Qualcomm from a “buy” rating to a “hold” rating in a research report on Tuesday, December 9th. Finally, Loop Capital raised Qualcomm from a “hold” rating to a “buy” rating and set a $185.00 target price on the stock in a research note on Tuesday, February 24th. One equities research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating, eleven have issued a Hold rating and three have assigned a Sell rating to the stock. Based on data from MarketBeat.com, Qualcomm presently has an average rating of “Hold” and a consensus price target of $163.77.

Insider Buying and Selling

In related news, EVP Heather S. Ace sold 3,200 shares of the business’s stock in a transaction on Monday, February 9th. The shares were 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 in the company, valued at approximately $2,245,841. The trade was a 16.33% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, EVP Akash J. Palkhiwala sold 3,333 shares of the company’s stock in a transaction on Friday, February 6th. The shares were sold at an average price of $137.65, for a total transaction of $458,787.45. Following the sale, the executive vice president directly owned 35,599 shares in the company, valued at approximately $4,900,202.35. The trade was a 8.56% decrease in their position. The SEC filing for this sale provides additional information. In the last ninety days, insiders sold 9,866 shares of company stock worth $1,474,796. Corporate insiders own 0.05% of the company’s stock.

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.