Capital Research Global Investors Buys 3,256 Shares of Qualcomm Incorporated $QCOM

Capital Research Global Investors lifted its stake in Qualcomm Incorporated (NASDAQ:QCOM) by 0.2% during the 4th quarter, Holdings Channel reports. The institutional investor owned 1,467,056 shares of the wireless technology company’s stock after purchasing an additional 3,256 shares during the quarter. Capital Research Global Investors’ holdings in Qualcomm were worth $250,940,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also recently made changes to their positions in the stock. Modus Advisors LLC bought a new position in shares of Qualcomm in the fourth quarter worth about $53,000. Cookson Peirce & Co. Inc. raised its stake in shares of Qualcomm by 16.6% in the fourth quarter. Cookson Peirce & Co. Inc. now owns 9,006 shares of the wireless technology company’s stock worth $1,540,000 after buying an additional 1,279 shares during the period. 111 Capital raised its stake in shares of Qualcomm by 32.8% in the fourth quarter. 111 Capital now owns 11,475 shares of the wireless technology company’s stock worth $1,963,000 after buying an additional 2,837 shares during the period. Vestcor Inc raised its stake in shares of Qualcomm by 34.3% in the fourth quarter. Vestcor Inc now owns 31,569 shares of the wireless technology company’s stock worth $5,400,000 after buying an additional 8,069 shares during the period. Finally, Lowe Brockenbrough & Co. Inc. raised its stake in shares of Qualcomm by 0.9% in the fourth quarter. Lowe Brockenbrough & Co. Inc. now owns 23,087 shares of the wireless technology company’s stock worth $3,949,000 after buying an additional 210 shares during the period. Institutional investors own 74.35% of the company’s stock.

Analysts Set New Price Targets

Several research analysts have recently commented on QCOM shares. Sanford C. Bernstein reaffirmed a “market perform” rating and issued a $140.00 price objective (down from $175.00) on shares of Qualcomm in a research note on Thursday, March 26th. Royal Bank Of Canada boosted their price target on Qualcomm from $150.00 to $175.00 and gave the stock a “sector perform” rating in a report on Thursday, April 30th. Oppenheimer downgraded Qualcomm from a “market perform” rating to a “market perform” rating in a research note on Friday, May 8th. Zacks Research upgraded Qualcomm from a “strong sell” rating to a “hold” rating in a research note on Monday, May 4th. Finally, Citigroup upped their price target on Qualcomm from $140.00 to $160.00 and gave the stock a “neutral” rating in a research note on Thursday, April 30th. Fourteen research analysts have rated the stock with a Buy rating, sixteen have issued a Hold rating and four have given a Sell rating to the company. According to data from MarketBeat, Qualcomm currently has a consensus rating of “Hold” and an average price target of $181.79.

Qualcomm Stock Performance

NASDAQ:QCOM opened at $215.94 on Monday. The company has a debt-to-equity ratio of 0.54, a current ratio of 2.37 and a quick ratio of 1.61. Qualcomm Incorporated has a 1 year low of $121.99 and a 1 year high of $259.92. The stock’s 50 day simple moving average is $176.66 and its two-hundred day simple moving average is $163.38. The company has a market cap of $227.60 billion, a price-to-earnings ratio of 23.47, a PEG ratio of 26.75 and a beta of 1.59.

Qualcomm (NASDAQ:QCOM) last released its earnings results on Wednesday, April 29th. The wireless technology company reported $2.65 earnings per share for the quarter, beating the consensus estimate of $2.56 by $0.09. The firm had revenue of $10.60 billion for the quarter, compared to the consensus estimate of $10.59 billion. Qualcomm had a return on equity of 42.11% and a net margin of 22.31%.The company’s revenue for the quarter was down 3.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $2.85 EPS. Qualcomm has set its Q3 2026 guidance at 2.100-2.300 EPS. As a group, equities analysts anticipate that Qualcomm Incorporated will post 7.99 earnings per share for the current fiscal year.

Qualcomm Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, June 25th. Stockholders of record on Thursday, June 4th will be given a dividend of $0.92 per share. The ex-dividend date of this dividend is Thursday, June 4th. This represents a $3.68 annualized dividend and a dividend yield of 1.7%. This is an increase from Qualcomm’s previous quarterly dividend of $0.89. Qualcomm’s dividend payout ratio is presently 40.00%.

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

Qualcomm News Summary

Here are the key news stories impacting Qualcomm this week:

• Negative Sentiment: Qualcomm shares fell as a broad chip selloff hit the sector after Broadcom earnings and a stronger-than-expected U.S. jobs report fueled rate-hike concerns and pressure on semiconductor names. Why Qualcomm (QCOM) Stock Is Nosediving
• Negative Sentiment: Nvidia’s new AI PC chip has intensified competition in Windows laptops, raising concerns that Qualcomm’s Snapdragon franchise could face more pricing and share pressure. Qualcomm stock under pressure as Nvidia unveils new AI PC chip
• Negative Sentiment: Another market update highlighted Qualcomm’s recent weakness even as broader markets rose, reflecting investor caution around the stock’s near-term setup. Qualcomm (QCOM) Stock Slides as Market Rises: Facts to Know Before You Trade
• Neutral Sentiment: Qualcomm was rated a “Hold” in a recent valuation check that noted its AI growth initiatives, but also the stock’s volatile trading around Nvidia-related competition. 1 High-Flying Artificial Intelligence Stock You Might Want to Avoid Buying Right Now
• Neutral Sentiment: Primax announced Qualcomm-powered edge AI conference platforms, which supports Qualcomm’s presence in AI hardware but appears to be a smaller commercial win rather than a major stock-moving catalyst. Primax Advances AI Conference Solutions with Qualcomm-Powered Edge AI Platforms

Insider Buying and Selling

In other news, EVP Akash J. Palkhiwala sold 2,500 shares of the business’s stock in a transaction that occurred on Monday, April 13th. The stock was sold at an average price of $130.34, for a total transaction of $325,850.00. Following the transaction, the executive vice president owned 30,684 shares of the company’s stock, valued at approximately $3,999,352.56. The trade was a 7.53% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed 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 that occurred on Monday, May 4th. The shares were sold at an average price of $177.82, for a total value of $569,024.00. Following the transaction, the executive vice president directly owned 39,735 shares in the company, valued at approximately $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. In the last quarter, insiders sold 19,306 shares of company stock worth $3,435,583. 0.05% of the stock is owned by company insiders.

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.