First Nebraska Trust Co Purchases Shares of 138,016 Qualcomm Incorporated $QCOM

First Nebraska Trust Co purchased a new position in shares of Qualcomm Incorporated (NASDAQ:QCOM) in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 138,016 shares of the wireless technology company’s stock, valued at approximately $17,774,000. Qualcomm comprises about 1.6% of First Nebraska Trust Co’s portfolio, making the stock its 14th biggest position.

A number of other large investors also recently modified their holdings of QCOM. Vanguard Group Inc. grew its holdings in shares of Qualcomm by 0.6% during the 4th quarter. Vanguard Group Inc. now owns 114,144,068 shares of the wireless technology company’s stock worth $19,524,350,000 after purchasing an additional 647,076 shares during the period. Geode Capital Management LLC increased its position in Qualcomm by 12.5% during the 4th quarter. Geode Capital Management LLC now owns 28,897,079 shares of the wireless technology company’s stock worth $4,931,968,000 after purchasing an additional 3,221,924 shares in the last quarter. Wellington Management Group LLP raised its holdings in 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 buying an additional 4,290,622 shares during the period. Norges Bank purchased a new position in Qualcomm in the fourth quarter valued at approximately $2,591,056,000. Finally, Amundi lifted its position in Qualcomm by 9.9% during the third quarter. Amundi now owns 12,671,635 shares of the wireless technology company’s stock valued at $2,136,486,000 after buying an additional 1,138,541 shares in the last quarter. 74.35% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several equities research analysts have issued reports on the stock. Melius Research set a $220.00 price objective on shares of Qualcomm in a research note on Monday, May 18th. Craig Hallum downgraded shares of Qualcomm from a “buy” rating to a “hold” rating in a research note on Thursday, June 25th. Morgan Stanley reduced their target price on shares of Qualcomm from $231.00 to $220.00 and set an “equal weight” rating on the stock in a report on Thursday. Guggenheim set a $200.00 price target on shares of Qualcomm in a research report on Monday, June 22nd. Finally, Benchmark lowered their price target on Qualcomm from $300.00 to $270.00 and set a “buy” rating for the company in a report on Monday, July 27th. One analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, twenty-one have given a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat.com, Qualcomm has a consensus rating of “Hold” and an average price target of $203.63.

Insider Activity

In related news, CEO Cristiano R. Amon sold 10,000 shares of Qualcomm stock in a transaction on Monday, May 4th. The shares were sold at an average price of $180.00, for a total transaction of $1,800,000.00. Following the sale, the chief executive officer owned 197,568 shares of the company’s stock, valued at $35,562,240. The trade was a 4.82% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Heather S. Ace sold 3,200 shares of the business’s stock in a transaction on Monday, May 4th. The stock was sold at an average price of $177.82, for a total transaction of $569,024.00. Following the completion of the transaction, the executive vice president owned 39,735 shares in the company, valued at $7,065,677.70. This represents a 7.45% decrease in their position. 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. Insiders sold a total of 21,529 shares of company stock valued at $4,011,441 in the last 90 days. Company insiders own 0.05% of the company’s stock.

Qualcomm Stock Down 2.6%

NASDAQ QCOM opened at $147.61 on Friday. The stock has a market cap of $154.99 billion, a PE ratio of 17.08, a P/E/G ratio of 4.38 and a beta of 1.63. Qualcomm Incorporated has a fifty-two week low of $121.99 and a fifty-two week high of $259.92. The business has a 50 day moving average price of $198.21 and a two-hundred day moving average price of $167.62. The company has a quick ratio of 1.61, a current ratio of 2.02 and a debt-to-equity ratio of 0.46.

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

Qualcomm Announces Dividend

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. This represents a $3.68 dividend on an annualized basis and a yield of 2.5%. The ex-dividend date of this dividend is Thursday, September 3rd. Qualcomm’s dividend payout ratio (DPR) is presently 42.59%.

Trending Headlines about Qualcomm

Here are the key news stories impacting Qualcomm this week:

• Positive Sentiment: Qualcomm’s fiscal third-quarter revenue reached $9.95 billion, exceeding expectations, while Automotive and IoT growth offset weakness in handsets. Automotive revenue reached a record level, and management raised its automotive outlook to approximately $7 billion. QCOM Q2 Deep Dive: Data Center and Automotive Growth Offset Smartphone Headwinds
• Positive Sentiment: The company is expanding into AI, data centers and connected vehicles, targeting $40 billion in non-handset revenue by fiscal 2029. These initiatives could reduce Qualcomm’s dependence on smartphones and Apple over time. QCOM Q3 Earnings Call Highlights AI Expansion
• Positive Sentiment: Semiconductor-focused ETFs attracted substantial inflows this week as strong technology earnings improved sentiment across the chip sector, providing a supportive backdrop for Qualcomm and other semiconductor stocks. Semiconductor ETFs Draw Cash This Week as Chip Stocks Rally
• Neutral Sentiment: Qualcomm’s next-quarter revenue outlook, with a midpoint of $10.1 billion, was slightly above analyst expectations. However, analysts remain divided: TD Cowen and Rosenblatt maintained buy ratings after reducing their price targets, while UBS, Susquehanna and Morgan Stanley also lowered targets amid increased risk concerns.
• Negative Sentiment: Adjusted third-quarter earnings of $2.21 per share narrowly missed consensus estimates and declined from $2.77 a year earlier. The company’s forecast for roughly $2.05–$2.25 in next-quarter EPS was viewed as weak, reflecting rising memory costs and margin pressure. Qualcomm shares slide as higher costs, Apple-related weakness cloud profit forecast
• Negative Sentiment: Management warned that Apple-related revenue declines are accelerating as Apple expands its own modem capabilities. Handset revenue fell about 20%, raising concerns that near-term smartphone weakness will outweigh growth in Automotive, IoT and data-center businesses. Qualcomm forecasts weak quarterly profit, expects Apple revenue drop to accelerate

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.