Qualcomm Incorporated $QCOM Stock: Private Wealth Partners LLC Cuts Stake

Private Wealth Partners LLC reduced its position in Qualcomm Incorporated (NASDAQ:QCOM) by 9.7% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 98,469 shares of the wireless technology company’s stock after selling 10,518 shares during the quarter. Qualcomm accounts for approximately 1.2% of Private Wealth Partners LLC’s holdings, making the stock its 23rd biggest holding. Private Wealth Partners LLC’s holdings in Qualcomm were worth $18,122,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in the company. MBL Wealth LLC lifted its position in shares of Qualcomm by 91.1% during the third quarter. MBL Wealth LLC now owns 3,046 shares of the wireless technology company’s stock worth $561,000 after purchasing an additional 1,452 shares during the last quarter. Compass Wealth Management LLC purchased a new position in Qualcomm in the 3rd quarter worth about $110,000. Clarity Wealth Development LLC lifted its holdings in Qualcomm by 13.5% during the 3rd quarter. Clarity Wealth Development LLC now owns 1,339 shares of the wireless technology company’s stock valued at $246,000 after buying an additional 159 shares in the last quarter. Royal Fund Management LLC boosted its position in Qualcomm by 40.6% in the 3rd quarter. Royal Fund Management LLC now owns 77,249 shares of the wireless technology company’s stock valued at $14,217,000 after buying an additional 22,319 shares during the period. Finally, Visionary Horizons LLC purchased a new stake in Qualcomm in the 3rd quarter valued at about $318,000. Institutional investors own 74.35% of the company’s stock.

Insider Activity at Qualcomm

In other Qualcomm news, CEO Cristiano Amon sold 10,000 shares of the stock in a transaction on Friday, September 25th. The stock was sold at an average price of $200.00, for a total transaction of $2,000,000.00. Following the sale, the chief executive officer owned 177,568 shares of the company’s stock, valued at approximately $35,513,600. This trade represents a 5.33% decrease in their position. 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, CAO Patricia Grech sold 208 shares of Qualcomm stock in a transaction on Monday, August 31st. The shares were sold at an average price of $170.00, for a total value of $35,360.00. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 33,458 shares of company stock valued at $6,198,144 over the last 90 days. Insiders own 0.05% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts have commented on the stock. Morgan Stanley dropped their target price on shares of Qualcomm from $231.00 to $220.00 and set an “equal weight” rating on the stock in a research note on Thursday, July 30th. Arete Research raised shares of Qualcomm to a “strong-buy” rating in a research note on Friday, October 16th. Wells Fargo & Company lowered their price target on Qualcomm from $265.00 to $170.00 and set an “equal weight” rating for the company in a report on Thursday, July 30th. Evercore set a $159.00 price objective on Qualcomm in a research note on Thursday, July 30th. Finally, KeyCorp restated a “sector weight” rating on shares of Qualcomm in a report on Wednesday, September 9th. Three equities research analysts have rated the stock with a Strong Buy rating, twelve have given a Buy rating, twenty-one have assigned a Hold rating and three have issued a Sell rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $205.83.

Qualcomm Stock Up 1.8%

NASDAQ QCOM traded up $3.08 during trading on Friday, reaching $175.91. 7,232,026 shares of the company’s stock traded hands, compared to its average volume of 10,652,198. Qualcomm Incorporated has a 12-month low of $121.99 and a 12-month high of $259.92. The company has a debt-to-equity ratio of 0.46, a current ratio of 2.02 and a quick ratio of 1.28. The firm has a market cap of $187.84 billion, a price-to-earnings ratio of 20.36, a price-to-earnings-growth ratio of 3.89 and a beta of 1.65. The company’s 50 day simple moving average is $176.17 and its two-hundred day simple moving average is $181.00.

Qualcomm (NASDAQ:QCOM) last released its quarterly earnings data on Wednesday, July 29th. The wireless technology company reported $2.21 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.23 by ($0.02). The business had revenue of $9.95 billion for the quarter, compared to the consensus estimate of $9.69 billion. Qualcomm had a net margin of 21.01% and a return on equity of 38.36%. Qualcomm’s revenue for the quarter was down 4.0% on a year-over-year basis. During the same quarter in the prior year, the business posted $2.77 earnings per share. Qualcomm has set its Q4 2026 guidance at 2.050-2.250 EPS. As a group, sell-side analysts forecast that Qualcomm Incorporated will post 7.71 EPS for the current fiscal year.

Qualcomm Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, December 17th. Shareholders of record on Thursday, December 3rd will be issued a dividend of $0.92 per share. The ex-dividend date is Thursday, December 3rd. This represents a $3.68 dividend on an annualized basis and a yield of 2.1%. Qualcomm’s dividend payout ratio is currently 42.59%.

Key Headlines Impacting Qualcomm

Here are the key news stories impacting Qualcomm this week:

• Positive Sentiment: ETFs recorded approximately $141.5 million in net Qualcomm purchases on Tuesday, followed by additional ETF buying reported for October 21. Passive and institutional demand can provide near-term support for QCOM. Qualcomm sees $141.5 million in net ETF buying
• Positive Sentiment: An analyst upgrade and a higher price target of $200 signal improving sentiment and suggest potential upside from current valuation levels. Qualcomm stock jumps on analyst upgrade Qualcomm price target raised to $200
• Positive Sentiment: A bullish investment thesis argues Qualcomm is being undervalued as it builds businesses in automotive, data centers and custom silicon, potentially making it a longer-term artificial-intelligence beneficiary rather than solely a handset-chip company. This chip stock could be a sleeper AI winner
• Positive Sentiment: Qualcomm declared a quarterly dividend of $0.92 per share, or $3.68 annualized, representing an approximately 2.1% yield and reinforcing its shareholder-return appeal. Qualcomm declares quarterly dividend
• Neutral Sentiment: Qualcomm will release fiscal fourth-quarter and full-year 2026 results after the market closes on November 4. The report and guidance are the next major catalysts for the stock. Qualcomm schedules fiscal 2026 earnings release
• Neutral Sentiment: Coverage from 37 analysts highlights substantial investor attention ahead of earnings, while a valuation review says the shares are near fair value after strong long-term gains. Qualcomm schedules November results Qualcomm stock remains near fair value
• Negative Sentiment: Erste Group cut its fiscal 2027 EPS forecast to $7.28 from $7.31, below the broader consensus estimate of $7.71, indicating modest pressure on forward earnings expectations. Qualcomm earnings estimate cut
• Negative Sentiment: Qualcomm’s executive vice president sold approximately $437,650 of company stock, which may weigh modestly on sentiment, although a single insider transaction is not necessarily a change in business outlook. Qualcomm insider selling
• Negative Sentiment: Comparisons with Intel point to Qualcomm’s more uneven revenue trend and recent sequential declines. Reports also describe automotive growth being offset by pressure on handset earnings, keeping smartphone weakness a key risk. Intel versus Qualcomm revenue comparison Qualcomm automotive growth and handset pressure

Qualcomm Profile

Qualcomm Incorporated is a technology company that develops and commercializes wireless communications and semiconductor technologies. Through Qualcomm Technologies, Inc, the company designs integrated circuits, system software and related platforms used in smartphones, personal computers, automobiles, industrial equipment, consumer devices and other connected products. Its Snapdragon platforms support mobile computing, connectivity, artificial intelligence and multimedia applications, while its broader portfolio includes radio-frequency systems, networking and edge-computing technologies.

Qualcomm also operates a significant technology-licensing business through its Qualcomm Technology Licensing segment.