1,256,515 Shares in Qualcomm Incorporated $QCOM Bought by Nykredit A S

Nykredit A S bought a new stake in Qualcomm Incorporated (NASDAQ:QCOM) in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 1,256,515 shares of the wireless technology company’s stock, valued at approximately $232,191,000. Qualcomm makes up about 0.7% of Nykredit A S’s investment portfolio, making the stock its 27th largest holding. Nykredit A S owned about 0.12% of Qualcomm as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. BlackRock Inc. acquired a new position in shares of Qualcomm during the 2nd quarter worth about $17,583,115,000. Geode Capital Management LLC grew its holdings in shares of Qualcomm by 12.5% in the 4th quarter. Geode Capital Management LLC now owns 28,897,079 shares of the wireless technology company’s stock valued at $4,931,968,000 after acquiring an additional 3,221,924 shares in the last quarter. Van ECK Associates Corp increased its position in shares of Qualcomm by 22.7% in the second quarter. Van ECK Associates Corp now owns 17,202,619 shares of the wireless technology company’s stock valued at $3,178,872,000 after acquiring an additional 3,179,720 shares during the last quarter. Wellington Management Group LLP increased its position in shares of Qualcomm by 34.5% in the fourth quarter. Wellington Management Group LLP now owns 16,727,862 shares of the wireless technology company’s stock valued at $2,861,301,000 after acquiring an additional 4,290,622 shares during the last quarter. Finally, Norges Bank bought a new stake in Qualcomm during the fourth quarter worth about $2,591,056,000. 74.35% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In other Qualcomm news, EVP Heather S. Ace sold 3,200 shares of Qualcomm stock in a transaction on Monday, August 3rd. The shares were sold at an average price of $147.04, for a total transaction of $470,528.00. Following the completion of the transaction, the executive vice president directly owned 36,535 shares of the company’s stock, valued at $5,372,106.40. The trade was a 8.05% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Akash J. Palkhiwala sold 2,500 shares of the company’s stock in a transaction on Tuesday, July 14th. The shares were sold at an average price of $180.81, for a total transaction of $452,025.00. Following the completion of the transaction, the executive vice president owned 23,184 shares in the company, valued at approximately $4,191,899.04. This represents a 9.73% decrease in their ownership of the stock. 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. In the last three months, insiders have sold 11,533 shares of company stock valued at $1,961,219. 0.05% of the stock is owned by insiders.

Analysts Set New Price Targets

Several research analysts recently commented on QCOM shares. Benchmark reduced their price target on Qualcomm from $300.00 to $270.00 and set a “buy” rating for the company in a research report on Monday, July 27th. Freedom Capital raised Qualcomm from a “hold” rating to a “strong-buy” rating in a research report on Friday, August 7th. Royal Bank Of Canada dropped their price objective on Qualcomm from $250.00 to $160.00 and set a “sector perform” rating on the stock in a research note on Thursday, July 30th. Bank of America increased their price objective on Qualcomm from $165.00 to $195.00 and gave the company an “underperform” rating in a report on Tuesday, June 23rd. Finally, Daiwa Securities Group raised shares of Qualcomm from a “neutral” rating to an “outperform” rating and set a $225.00 target price for the company in a research note on Friday, May 8th. Two research analysts have rated the stock with a Strong Buy rating, thirteen have given a Buy rating, twenty have given a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $203.76.

Qualcomm News Summary

Here are the key news stories impacting Qualcomm this week:

• Positive Sentiment: Qualcomm unveiled Adreno Neural Fusion, an AI-powered graphics technology designed to improve image quality and gaming performance on mobile devices. The feature is expected to debut with the next-generation Snapdragon 8 Elite platform, giving Qualcomm a potential competitive advantage in premium mobile gaming. Qualcomm Unveils Adreno Neural Fusion To Supercharge Mobile Gaming The next Snapdragon flagship chip is getting Qualcomm’s take on DLSS
• Positive Sentiment: Qualcomm is expanding its AI-PC presence through a partnership with HUMAIN. HUMAIN’s Horizon Ultra computer will use Qualcomm’s Snapdragon X2 Elite platform, supporting the company’s strategy to diversify beyond smartphones and gain additional exposure to AI-enabled PCs. Can Qualcomm’s Tie-Up With HUMAIN for AI PC Lift Its Shares?
• Positive Sentiment: Qualcomm’s quarterly dividend of $0.92 per share remains a supporting factor for income-oriented investors, representing a $3.68 annualized payout and an approximately 2.2% yield. Qualcomm dividend and analyst coverage
• Neutral Sentiment: Analysts see long-term potential in Qualcomm’s automotive and data-center AI businesses, but the stock faces a “Hold” consensus as smartphone demand, Apple-related revenue pressure and gradual revenue contraction offset diversification efforts. Recent earnings also showed revenue growth above estimates but earnings per share slightly below consensus, with revenue down year over year. Qualcomm’s AI Ambitions Run Into a Smartphone Reality Check
• Negative Sentiment: Semiconductor stocks came under pressure as a global bond selloff pushed long-term yields higher, prompting investors to reassess higher-multiple technology shares. Semiconductor Stocks Slide as Global Bond Selloff Lifts Yields
• Negative Sentiment: Nvidia’s $3.5 billion investment in rival MediaTek and planned collaboration on AI chips, PCs and automotive products could intensify competitive pressure on Qualcomm in several of its targeted growth markets. Nvidia deal lifts MediaTek shares
• Neutral Sentiment: Qualcomm Chief Accounting Officer Patricia Grech sold 208 shares for $35,360 under a pre-arranged Rule 10b5-1 plan. The small, scheduled transaction is unlikely to materially change the investment outlook. Qualcomm CAO stock sale

Qualcomm Trading Up 2.0%

Shares of NASDAQ:QCOM opened at $169.96 on Thursday. Qualcomm Incorporated has a 52-week low of $121.99 and a 52-week high of $259.92. The company has a debt-to-equity ratio of 0.46, a quick ratio of 1.28 and a current ratio of 2.02. The company has a market capitalization of $178.50 billion, a P/E ratio of 19.67, a price-to-earnings-growth ratio of 3.47 and a beta of 1.67. The company has a 50-day simple moving average of $170.19 and a 200 day simple moving average of $169.46.

Qualcomm (NASDAQ:QCOM) last announced its quarterly earnings results on Wednesday, July 29th. The wireless technology company reported $2.21 earnings per share for the quarter, missing analysts’ consensus estimates of $2.23 by ($0.02). The business had revenue of $9.95 billion for the quarter, compared to analyst estimates of $9.69 billion. Qualcomm had a return on equity of 38.36% and a net margin of 21.01%.Qualcomm’s quarterly revenue was down 4.0% compared to the same quarter last year. During the same period last year, the firm earned $2.77 EPS. Qualcomm has set its Q4 2026 guidance at 2.050-2.250 EPS. Sell-side analysts forecast that Qualcomm Incorporated will post 7.74 earnings per share for the current year.

Qualcomm Announces Dividend

The firm also recently announced 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 dividend yield of 2.2%. Qualcomm’s payout ratio is presently 42.59%.

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.