Stonebridge Financial Group LLC Cuts Stake in Qualcomm Incorporated $QCOM

Stonebridge Financial Group LLC cut its holdings in Qualcomm Incorporated (NASDAQ:QCOM) by 34.6% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 18,714 shares of the wireless technology company’s stock after selling 9,886 shares during the quarter. Stonebridge Financial Group LLC’s holdings in Qualcomm were worth $3,458,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Basepoint Wealth LLC lifted its position in shares of Qualcomm by 1.8% in the 1st quarter. Basepoint Wealth LLC now owns 3,333 shares of the wireless technology company’s stock worth $429,000 after purchasing an additional 59 shares during the period. Modern Wealth Management LLC increased its position in shares of Qualcomm by 0.5% during the first quarter. Modern Wealth Management LLC now owns 13,704 shares of the wireless technology company’s stock worth $1,744,000 after purchasing an additional 64 shares in the last quarter. Dakota Community Bank & Trust NA lifted its holdings in shares of Qualcomm by 3.6% during the 4th quarter. Dakota Community Bank & Trust NA now owns 1,847 shares of the wireless technology company’s stock valued at $316,000 after purchasing an additional 65 shares during the last quarter. S.A. Mason LLC boosted its position in shares of Qualcomm by 5.9% in the 4th quarter. S.A. Mason LLC now owns 1,192 shares of the wireless technology company’s stock worth $204,000 after purchasing an additional 66 shares in the last quarter. Finally, Marion Wealth Management boosted its position in shares of Qualcomm by 4.5% in the 4th quarter. Marion Wealth Management now owns 1,567 shares of the wireless technology company’s stock worth $244,000 after purchasing an additional 67 shares in the last quarter. 74.35% of the stock is currently owned by institutional investors.

Insider Activity at Qualcomm

In other Qualcomm news, EVP Akash J. Palkhiwala sold 2,500 shares of Qualcomm stock in a transaction on Tuesday, July 14th. The shares were sold at an average price of $180.81, for a total value of $452,025.00. Following the completion of the transaction, the executive vice president owned 23,184 shares of the company’s stock, valued at approximately $4,191,899.04. The trade was a 9.73% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CAO Patricia Y. Grech sold 829 shares of the firm’s stock in a transaction dated Thursday, May 21st. The shares were sold at an average price of $201.77, for a total value of $167,267.33. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders have sold 11,529 shares of company stock worth $2,112,945. 0.05% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

QCOM has been the subject of a number of research analyst reports. Sanford C. Bernstein set a $165.00 price target on shares of Qualcomm in a report on Thursday. UBS Group dropped their price target on Qualcomm from $190.00 to $170.00 and set a “neutral” rating on the stock in a research note on Thursday, July 30th. Tigress Financial increased their price objective on Qualcomm from $270.00 to $280.00 and gave the company a “buy” rating in a report on Friday, May 8th. Roth Capital initiated coverage on shares of Qualcomm in a research report on Friday, May 8th. They set a “buy” rating for the company. Finally, Oppenheimer set a $200.00 price objective on shares of Qualcomm in a research note on Monday, July 27th. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, twenty-one have assigned a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat, Qualcomm currently has a consensus rating of “Hold” and an average price target of $203.63.

Qualcomm Stock Up 2.7%

Shares of QCOM stock opened at $151.57 on Tuesday. The stock has a 50 day moving average of $196.48 and a 200 day moving average of $167.51. The company has a current ratio of 2.02, a quick ratio of 1.28 and a debt-to-equity ratio of 0.46. The stock has a market cap of $159.15 billion, a P/E ratio of 17.54 and a beta of 1.65. Qualcomm Incorporated has a twelve month low of $121.99 and a twelve month high of $259.92.

Qualcomm (NASDAQ:QCOM) last released its quarterly earnings data on Wednesday, July 29th. The wireless technology company reported $2.21 EPS for the quarter, missing the consensus estimate of $2.23 by ($0.02). The company had revenue of $9.95 billion during the quarter, compared to analysts’ expectations of $9.69 billion. Qualcomm had a return on equity of 38.36% and a net margin of 21.01%.The company’s revenue for the quarter was down 4.0% on a year-over-year basis. During the same quarter in the prior year, the company posted $2.77 EPS. Qualcomm has set its Q4 2026 guidance at 2.050-2.250 EPS. As a group, sell-side analysts expect that Qualcomm Incorporated will post 7.89 EPS for the current year.

Qualcomm Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, September 24th. Investors of record on Thursday, September 3rd will be issued a dividend of $0.92 per share. The ex-dividend date of this dividend is Thursday, September 3rd. This represents a $3.68 dividend on an annualized basis and a yield of 2.4%. Qualcomm’s dividend payout ratio is 42.59%.

Qualcomm News Summary

Here are the key news stories impacting Qualcomm this week:

• Positive Sentiment: Qualcomm’s work on AI-native 6G networks—including distributed computing and wide-area sensing—strengthens its positioning in next-generation wireless connectivity and AI infrastructure. Qualcomm Is Shaping 6G Around AI Native Networks
• Positive Sentiment: A recent investment view highlighted Qualcomm’s roughly 2.5% forward dividend yield, strong dividend coverage and potential upside from its data-center expansion, making the stock more attractive after its decline this year. 1 Incredible Reason to Buy Qualcomm Stock Right Now
• Positive Sentiment: Analysts are discussing whether semiconductor stocks can rebound after their worst monthly performance in more than a decade. A sector recovery could improve sentiment toward Qualcomm and other chipmakers. Are Chip Stocks Poised to Stage a Recovery?
• Neutral Sentiment: Qualcomm’s latest quarterly results showed revenue of $9.95 billion, above estimates, but earnings per share slightly missed expectations and revenue declined year over year, reflecting continuing smartphone-industry pressure.
• Negative Sentiment: Morgan Stanley reportedly lowered its Qualcomm price target to $220, while another report cited a 2.6% decline following an analyst downgrade. These actions signal near-term concerns about valuation, demand and earnings growth. Morgan Stanley Cuts Qualcomm Price Target Qualcomm Stock Price Down After Analyst Downgrade
• Negative Sentiment: Executive Vice President Heather S. Ace sold 3,200 Qualcomm shares worth approximately $470,528. The transaction occurred under a pre-arranged Rule 10b5-1 plan, reducing its immediate significance, but insider selling can still weigh modestly on sentiment.

Qualcomm Company 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.