Greenup Street Wealth Management LLC Grows Stock Position in Qualcomm Incorporated $QCOM

Greenup Street Wealth Management LLC boosted its stake in Qualcomm Incorporated (NASDAQ:QCOM) by 456.3% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 23,266 shares of the wireless technology company’s stock after acquiring an additional 19,084 shares during the quarter. Greenup Street Wealth Management LLC’s holdings in Qualcomm were worth $3,980,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. Choreo LLC boosted its holdings in Qualcomm by 2.1% in the 4th quarter. Choreo LLC now owns 36,455 shares of the wireless technology company’s stock worth $6,330,000 after acquiring an additional 733 shares during the period. Steigerwald Gordon & Koch Inc. boosted its holdings in Qualcomm by 9.2% in the 4th quarter. Steigerwald Gordon & Koch Inc. now owns 1,842 shares of the wireless technology company’s stock worth $315,000 after acquiring an additional 155 shares during the period. Robeco Institutional Asset Management B.V. boosted its holdings in Qualcomm by 3.4% in the 4th quarter. Robeco Institutional Asset Management B.V. now owns 1,783,988 shares of the wireless technology company’s stock worth $305,151,000 after acquiring an additional 58,610 shares during the period. Community Bank of Raymore boosted its holdings in Qualcomm by 0.9% in the 4th quarter. Community Bank of Raymore now owns 8,063 shares of the wireless technology company’s stock worth $1,379,000 after acquiring an additional 75 shares during the period. Finally, Howard Capital Management Inc. boosted its holdings in Qualcomm by 1.7% in the 4th quarter. Howard Capital Management Inc. now owns 43,728 shares of the wireless technology company’s stock worth $7,480,000 after acquiring an additional 750 shares during the period. Hedge funds and other institutional investors own 74.35% of the company’s stock.

Insider Activity at Qualcomm

In related news, EVP Heather S. Ace sold 3,200 shares of the company’s stock in a transaction that occurred on Monday, February 9th. The stock was sold at an average price of $137.00, for a total transaction of $438,400.00. Following the sale, the executive vice president directly owned 16,393 shares of the company’s stock, valued at approximately $2,245,841. This represents a 16.33% decrease in their position. The transaction was disclosed in a legal filing 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 that occurred on Friday, February 6th. The shares were sold at an average price of $137.65, for a total value 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. This represents a 8.56% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders have sold 6,618 shares of company stock worth $907,855. Corporate insiders own 0.05% of the company’s stock.

Qualcomm Stock Performance

Shares of QCOM opened at $127.98 on Friday. The business’s 50 day moving average is $135.57 and its two-hundred day moving average is $157.63. Qualcomm Incorporated has a 52-week low of $121.99 and a 52-week high of $205.95. The firm has a market cap of $136.56 billion, a price-to-earnings ratio of 26.44 and a beta of 1.28. The company has a quick ratio of 1.83, a current ratio of 2.51 and a debt-to-equity ratio of 0.64.

Qualcomm (NASDAQ:QCOM) last announced its earnings results on Wednesday, February 4th. The wireless technology company reported $3.50 earnings per share (EPS) 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 company had revenue of $12.25 billion for the quarter, compared to analyst estimates of $12.16 billion. During the same period in the prior year, the company posted $3.41 EPS. Qualcomm’s quarterly revenue was up 4.7% on a year-over-year basis. Qualcomm has set its Q2 2026 guidance at 2.450-2.650 EPS. Analysts forecast that Qualcomm Incorporated will post 9.39 EPS for the current fiscal year.

Qualcomm announced that its board has initiated a stock buyback plan on Tuesday, March 17th that permits the company to buyback $20.00 billion in outstanding shares. This buyback authorization permits the wireless technology company to purchase up to 14.5% of its shares through open market purchases. Shares buyback plans are often an indication that the company’s management believes its stock is undervalued.

Qualcomm Announces Dividend

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

Key Qualcomm News

Here are the key news stories impacting Qualcomm this week:

• Positive Sentiment: Snap (Specs) signed a multi‑year agreement to use Qualcomm Snapdragon processors in upcoming AR/AI smart glasses — this expands Qualcomm’s addressable market in AR hardware and strengthens customer design wins. Snap unit to use Qualcomm chips for upcoming AI smart glasses
• Positive Sentiment: Industry coverage also reported the multi‑year Snap/Qualcomm pact, underscoring potential recurring chip revenue if Specs gains traction. Snap to use Qualcomm chips in future AR glasses under new multi-year deal
• Neutral Sentiment: Analysts and comparison pieces discuss Intel vs. Qualcomm as both ramp AI chip strategies — highlights competition in AI chips that could pressure margins or force R&D investment; this is strategic context rather than an immediate earnings change. INTC vs. QCOM: Which Semiconductor Stock Is a Better Buy?
• Neutral Sentiment: Quarterly earnings preview coverage reiterates that Qualcomm is navigating a handset‑soft patch while guiding Q2 FY2026 EPS and focusing on diversification (chips + licensing). Useful for setting expectations ahead of near‑term reports. QUALCOMM Earnings Preview: What to Expect
• Neutral Sentiment: Qualcomm co‑founder Irwin Jacobs received a lifetime achievement award — a reputational positive that reminds investors of Qualcomm’s historical leadership in wireless standards but has limited immediate financial impact. Qualcomm Founder Honored As Investors Weigh Valuation And Profit Pressures
• Neutral Sentiment: Macro/sector pieces (e.g., on “old‑school” tech dividend names) mention broader rotation away from megacaps — background sector flow that may influence QCOM but isn’t company‑specific. 5 Forgotten Old-School Tech Dividend Stocks That Could Crush the Market in 2026
• Negative Sentiment: Goldman Sachs reiterated caution on QCOM, pointing to key customer losses and near‑term demand pressure — a sell‑side warning that can hurt sentiment and multiple compression. Goldman Sachs Cautious on QUALCOMM (QCOM) Amid Key Customer Losses
• Negative Sentiment: Comparative coverage favors Broadcom over Qualcomm, citing Broadcom’s stronger exposure to hyperscaler AI demand while Qualcomm still pivots from handset dependence — narrative risk that can divert investor dollars to peers. Broadcom vs. Qualcomm: Buy One, Avoid the Other
• Negative Sentiment: Coverage notes Nasdaq/sector rotation pressures that have weighed on QCOM’s multiple as the market rewards AI‑server exposures over legacy handset suppliers. Qualcomm (NASDAQ:QCOM) Faces Pressure As Nasdaq Index Reflects Tech Shift
• Negative Sentiment: Erste Group trimmed its FY2026 EPS forecast for Qualcomm, a direct near‑term negative for earnings expectations and analyst consensus. Qualcomm FY2026 EPS Forecast Decreased by Erste Group Bank
• Negative Sentiment: Prominent commentator Jim Cramer publicly recommended Arm over Qualcomm, which can sway retail sentiment and add to short‑term selling pressure. Jim Cramer Says He Thinks “Arm’s Much Better Than Qualcomm”

Analysts Set New Price Targets

A number of research firms have weighed in on QCOM. UBS Group restated a “neutral” rating on shares of Qualcomm in a report on Monday, February 2nd. Argus decreased their price target on Qualcomm from $205.00 to $180.00 and set a “buy” rating for the company in a report on Friday, February 6th. TD Cowen cut their target price on Qualcomm from $190.00 to $150.00 and set a “buy” rating on the stock in a research report on Thursday, February 5th. Royal Bank Of Canada cut their target price on Qualcomm from $180.00 to $150.00 and set a “sector perform” rating on the stock in a research report on Thursday, February 5th. Finally, Seaport Research Partners reaffirmed a “sell” rating and issued a $100.00 target price on shares of Qualcomm in a research report on Monday, March 16th. One analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating, eleven have given a Hold rating and three have issued a Sell rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $163.77.

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.