SG Trading Solutions LLC Takes Position in Qualcomm Incorporated $QCOM

SG Trading Solutions LLC acquired a new stake in shares of Qualcomm Incorporated (NASDAQ:QCOM) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 15,714 shares of the wireless technology company’s stock, valued at approximately $2,688,000.

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

Qualcomm Stock Performance

NASDAQ:QCOM opened at $226.11 on Friday. The company has a debt-to-equity ratio of 0.54, a quick ratio of 1.61 and a current ratio of 2.37. The stock has a 50-day simple moving average of $191.84 and a two-hundred day simple moving average of $166.35. The firm has a market capitalization of $238.32 billion, a PE ratio of 24.58, a P/E/G ratio of 26.35 and a beta of 1.59. Qualcomm Incorporated has a 52-week low of $121.99 and a 52-week high of $259.92.

Qualcomm (NASDAQ:QCOM) last posted its quarterly earnings data on Wednesday, April 29th. The wireless technology company reported $2.65 EPS for the quarter, topping the consensus estimate of $2.56 by $0.09. Qualcomm had a return on equity of 42.11% and a net margin of 22.31%.The firm had revenue of $10.60 billion for the quarter, compared to the consensus estimate of $10.59 billion. During the same quarter last year, the company earned $2.85 earnings per share. The business’s revenue for the quarter was down 3.5% compared to the same quarter last year. Qualcomm has set its Q3 2026 guidance at 2.100-2.300 EPS. Analysts forecast that Qualcomm Incorporated will post 8 EPS for the current year.

Qualcomm Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, June 25th. Shareholders of record on Thursday, June 4th will be paid a dividend of $0.92 per share. This represents a $3.68 dividend on an annualized basis and a yield of 1.6%. The ex-dividend date is Thursday, June 4th. This is a positive change from Qualcomm’s previous quarterly dividend of $0.89. Qualcomm’s dividend payout ratio (DPR) is 40.00%.

Qualcomm announced that its board has approved a share buyback 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 purchase up to 14.5% of its shares through open market purchases. Shares buyback plans are typically an indication that the company’s leadership believes its shares are undervalued.

Trending Headlines about Qualcomm

Here are the key news stories impacting Qualcomm this week:

• Positive Sentiment: Investor enthusiasm is building ahead of Qualcomm’s June 24 Investor Day, where management is expected to outline longer-term growth plans tied to AI, data centers, industrial AI, physical AI, and 6G. Qualcomm Shares Gain as Investor Day Hopes and AI Data Center Momentum Lift Sentiment
• Positive Sentiment: Reports that Qualcomm has launched a new AI data center program with a major hyperscaler, with initial shipments planned for later this year, are reinforcing the view that its AI infrastructure push is becoming real. Qualcomm Launches New AI Data Center Program With A Major Hyperscaler
• Positive Sentiment: Reuters-linked reports that Qualcomm may acquire AI chip startup Tenstorrent for $8 billion to $10 billion added to the bullish narrative that the company is pursuing a faster route into AI chips and data center silicon. Qualcomm in Talks to Acquire AI Chip Startup Tenstorrent, Reuters Reports
• Positive Sentiment: Several market write-ups argue that Qualcomm is still undervalued because investors are pricing it like a smartphone-only company, despite improving contributions from automotive, IoT, and data center revenue. 1 Semiconductor Stock I Can’t Stop Buying
• Neutral Sentiment: Qualcomm’s upcoming quarterly dividend is another shareholder-friendly detail, but it is unlikely to be the main driver of the stock’s move today. Qualcomm to pay dividends next week; Here’s how much 100 QCOM shares will earn

Analyst Ratings Changes

QCOM has been the topic of several research reports. Melius Research set a $220.00 target price on Qualcomm in a research report on Monday, May 18th. JPMorgan Chase & Co. increased their price objective on shares of Qualcomm from $160.00 to $265.00 and gave the stock a “neutral” rating in a research note on Friday, June 5th. TD Cowen raised their price objective on shares of Qualcomm from $150.00 to $200.00 and gave the stock a “buy” rating in a report on Thursday, April 30th. Evercore set a $179.00 target price on shares of Qualcomm in a research report on Thursday, April 30th. Finally, Morgan Stanley initiated coverage on shares of Qualcomm in a report on Friday, May 8th. They set an “overweight” rating for the company. Fifteen analysts have rated the stock with a Buy rating, sixteen have issued a Hold rating and three have assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $188.04.

Insider Activity

In other news, CEO Cristiano R. Amon sold 10,000 shares of the stock in a transaction on Monday, May 4th. The shares were sold at an average price of $180.00, for a total value of $1,800,000.00. Following the completion of the sale, the chief executive officer directly owned 197,568 shares of the company’s stock, valued at $35,562,240. This represents a 4.82% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at 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 firm’s stock in a transaction on Thursday, June 11th. The shares were sold at an average price of $197.35, for a total transaction of $493,375.00. Following the sale, the executive vice president owned 25,684 shares in the company, valued at $5,068,737.40. The trade was a 8.87% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 21,806 shares of company stock worth $3,928,958 in the last quarter. 0.05% of the stock is currently owned by insiders.

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.