Qualcomm Incorporated $QCOM Position Increased by National Pension Service

National Pension Service grew its holdings in shares of Qualcomm Incorporated (NASDAQ:QCOM) by 0.7% during the second quarter, Holdings Channel reports. The firm owned 2,571,530 shares of the wireless technology company’s stock after acquiring an additional 19,095 shares during the quarter. National Pension Service’s holdings in Qualcomm were worth $475,193,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also modified their holdings of the business. Baxter Bros Inc. acquired a new stake in Qualcomm in the 2nd quarter valued at approximately $17,844,000. MUFG Securities EMEA plc boosted its position in Qualcomm by 112.2% during the 4th quarter. MUFG Securities EMEA plc now owns 43,986 shares of the wireless technology company’s stock worth $7,524,000 after acquiring an additional 23,262 shares during the period. Western Wealth Management LLC grew its stake in shares of Qualcomm by 16.9% in the fourth quarter. Western Wealth Management LLC now owns 20,682 shares of the wireless technology company’s stock worth $3,538,000 after purchasing an additional 2,990 shares in the last quarter. Requisite Capital Management LLC bought a new position in shares of Qualcomm in the fourth quarter worth $700,000. Finally, Financial Synergies Wealth Advisors Inc. acquired a new position in shares of Qualcomm during the fourth quarter valued at $499,000. 74.35% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In related news, CAO Patricia Grech sold 208 shares of the firm’s stock in a transaction that occurred on Monday, August 31st. The shares were sold at an average price of $170.00, for a total transaction of $35,360.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Akash Palkhiwala sold 2,500 shares of the company’s stock in a transaction on Wednesday, August 12th. The shares were sold at an average price of $163.26, for a total value of $408,150.00. Following the completion of the transaction, the executive vice president directly owned 20,684 shares in the company, valued at $3,376,869.84. This represents a 10.78% 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. Over the last ninety days, insiders sold 9,033 shares of company stock worth $1,467,844. Corporate insiders own 0.05% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts recently weighed in on the stock. Melius Research set a $220.00 price objective on shares of Qualcomm in a research note on Monday, May 18th. Freedom Capital raised shares of Qualcomm from a “hold” rating to a “strong-buy” rating in a research note on Friday, August 7th. Raymond James Financial initiated coverage on shares of Qualcomm in a research report on Thursday, June 25th. They set a “strong-buy” rating on the stock. KeyCorp reaffirmed a “sector weight” rating on shares of Qualcomm in a research note on Wednesday. Finally, Royal Bank Of Canada increased their price objective on shares of Qualcomm from $160.00 to $180.00 and gave the company a “sector perform” rating in a report on Wednesday. Two equities research analysts have rated the stock with a Strong Buy rating, twelve have issued a Buy rating, twenty-two have assigned a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $204.10.

Qualcomm Price Performance

NASDAQ:QCOM opened at $176.40 on Thursday. The business’s 50-day moving average price is $168.32 and its 200 day moving average price is $170.51. The firm has a market cap of $185.26 billion, a P/E ratio of 20.42, a PEG ratio of 3.63 and a beta of 1.68. Qualcomm Incorporated has a 52-week low of $121.99 and a 52-week high of $259.92. The company has a quick ratio of 1.28, a current ratio of 2.02 and a debt-to-equity ratio of 0.46.

Qualcomm (NASDAQ:QCOM) last issued 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). Qualcomm had a net margin of 21.01% and a return on equity of 38.36%. The business had revenue of $9.95 billion during the quarter, compared to analyst estimates of $9.69 billion. During the same period in the previous year, the company posted $2.77 earnings per share. Qualcomm’s revenue was down 4.0% compared to the same quarter last year. 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 7.74 earnings per share for the current fiscal 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 paid a dividend of $0.92 per share. The ex-dividend date of this dividend is Thursday, September 3rd. This represents a $3.68 annualized dividend and a yield of 2.1%. Qualcomm’s dividend payout ratio is currently 42.59%.

Key Stories Impacting Qualcomm

Here are the key news stories impacting Qualcomm this week:

• Positive Sentiment: Amazon deal creates a long-term growth catalyst: Qualcomm will develop multiple generations of custom AI data-center chips and optical networking products for Amazon Web Services. The agreement could generate as much as $60 billion in purchases through 2036, giving Qualcomm a marquee hyperscale customer and validating its data-center strategy. Qualcomm’s Data Center Bet Looks More Real After Amazon’s AI Deal
• Positive Sentiment: Amazon has a financial stake in execution: Amazon received warrants to purchase up to 25 million QCOM shares at $161.26 each. Most warrants vest as AWS reaches purchasing milestones, linking Amazon’s potential ownership to actual demand for Qualcomm’s products.
• Positive Sentiment: Expansion goes beyond processors: Qualcomm will supply optical connectivity technology capable of supporting high-bandwidth data-center interconnects. The combination of custom inference silicon and networking products could increase Qualcomm’s role in Amazon’s AI infrastructure and support its target of $15 billion in annual data-center revenue by fiscal 2029. Qualcomm Announces Multi-Generational Product Collaboration with Amazon
• Positive Sentiment: Analyst support reinforces the move: Rosenblatt Securities reaffirmed its buy rating and set a $235 price target. Commentators said the Amazon relationship gives the previously range-bound stock a clearer growth narrative, while some investors believe QCOM’s valuation remains below that of other custom data-center chip suppliers.
• Neutral Sentiment: Revenue benefits are several quarters away: Qualcomm says the jointly developed processors are already in production, with initial revenue expected in fiscal first-quarter 2027. Investors will likely focus on shipment timing, AWS adoption and subsequent purchasing milestones.
• Negative Sentiment: Execution and dilution remain risks: The $60 billion purchasing potential spans a decade and is not guaranteed. Full vesting of the warrants could dilute existing shareholders by roughly 2.2%. Qualcomm also recently reported declining year-over-year revenue and a drop in handset processor sales, leaving the company exposed if data-center growth takes longer than expected.

Qualcomm Profile

Qualcomm Incorporated (NASDAQ: QCOM) is a technology company that develops wireless communications technologies, semiconductors and related intellectual property. Headquartered in San Diego, California, the company serves customers and partners worldwide across the mobile, automotive, consumer electronics and industrial markets.

Through its Qualcomm CDMA Technologies (QCT) business, Qualcomm designs and supplies integrated circuits, system software and hardware platforms. Its products include Snapdragon mobile platforms, 5G and other wireless modems, radio-frequency components, connectivity solutions, processors and artificial intelligence technologies.