Cullen Capital Management LLC Increases Stock Position in QUALCOMM Incorporated $QCOM

Cullen Capital Management LLC lifted its position in shares of QUALCOMM Incorporated (NASDAQ:QCOM) by 22.6% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 665,454 shares of the wireless technology company’s stock after purchasing an additional 122,548 shares during the period. Cullen Capital Management LLC owned 0.06% of QUALCOMM worth $110,705,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. waypoint wealth counsel increased its position in shares of QUALCOMM by 2.2% during the third quarter. waypoint wealth counsel now owns 2,863 shares of the wireless technology company’s stock valued at $476,000 after acquiring an additional 61 shares during the last quarter. Greykasell Wealth Strategies Inc. grew its stake in QUALCOMM by 1.5% in the 3rd quarter. Greykasell Wealth Strategies Inc. now owns 4,126 shares of the wireless technology company’s stock valued at $686,000 after purchasing an additional 61 shares during the period. Baron Wealth Management LLC increased its position in shares of QUALCOMM by 4.5% during the 3rd quarter. Baron Wealth Management LLC now owns 1,431 shares of the wireless technology company’s stock valued at $238,000 after purchasing an additional 62 shares during the last quarter. Insight Advisors LLC PA raised its stake in shares of QUALCOMM by 1.8% during the 2nd quarter. Insight Advisors LLC PA now owns 3,488 shares of the wireless technology company’s stock worth $556,000 after purchasing an additional 63 shares during the period. Finally, Avion Wealth boosted its holdings in shares of QUALCOMM by 16.7% in the 2nd quarter. Avion Wealth now owns 441 shares of the wireless technology company’s stock worth $70,000 after buying an additional 63 shares during the last quarter. 74.35% of the stock is owned by institutional investors.

Analysts Set New Price Targets

A number of research analysts have weighed in on QCOM shares. Rosenblatt Securities reiterated a “buy” rating and issued a $225.00 target price on shares of QUALCOMM in a research note on Thursday, November 6th. Sanford C. Bernstein reissued an “outperform” rating and set a $200.00 price objective on shares of QUALCOMM in a report on Monday. Weiss Ratings reissued a “hold (c)” rating on shares of QUALCOMM in a research report on Monday, December 29th. Wall Street Zen cut QUALCOMM from a “buy” rating to a “hold” rating in a research report on Tuesday, December 9th. Finally, Wells Fargo & Company increased their price target on QUALCOMM from $140.00 to $165.00 and gave the stock an “underweight” rating in a research note on Thursday, November 6th. Eleven equities research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and two have issued a Sell rating to the company. According to MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $188.50.

QUALCOMM Price Performance

QUALCOMM stock opened at $148.89 on Thursday. The firm has a market capitalization of $159.02 billion, a P/E ratio of 30.45, a PEG ratio of 3.29 and a beta of 1.22. QUALCOMM Incorporated has a one year low of $120.80 and a one year high of $205.95. The company has a debt-to-equity ratio of 0.70, a current ratio of 2.82 and a quick ratio of 2.10. The business has a fifty day moving average price of $168.32 and a 200-day moving average price of $165.27.

QUALCOMM (NASDAQ:QCOM) last released its quarterly earnings data 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 43.22% and a net margin of 12.51%.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 previous year, the company posted $3.41 EPS. The firm’s revenue for the quarter was up 4.7% compared to the same quarter last year. QUALCOMM has set its Q2 2026 guidance at 2.450-2.650 EPS. As a group, equities research analysts forecast that QUALCOMM Incorporated will post 9.39 EPS for the current year.

QUALCOMM Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, March 26th. Investors of record on Thursday, March 5th will be paid a dividend of $0.89 per share. The ex-dividend date of this dividend is Thursday, March 5th. This represents a $3.56 annualized dividend and a yield of 2.4%. QUALCOMM’s payout ratio is currently 72.80%.

Key QUALCOMM News

Here are the key news stories impacting QUALCOMM this week:

• Positive Sentiment: Q1 results beat consensus — QCOM reported $3.50 EPS and ~$12.25B revenue, topping estimates and showing year-over-year revenue growth, which validates current profitability. Qualcomm Q1 FY26 earnings results
• Positive Sentiment: Business diversification and cash-flow narrative — Coverage highlights Qualcomm’s expansion into Open RAN, AI for auto (Zenith) and data-center opportunities, which support longer-term growth beyond smartphones. Qualcomm Expands Beyond Handsets
• Neutral Sentiment: Full conference-call transcript and company materials are available for investors who want detail on product mix, customer inventory and channel commentary. Q1 2026 Earnings Call Transcript
• Neutral Sentiment: Insider selling and institutional position changes noted in filings — Quiver Quantitative shows recent insider sales and large institutional portfolio moves that investors may watch for sentiment signals. Quiver Quantitative QCOM earnings & insider data
• Negative Sentiment: Soft Q2 guidance — Qualcomm gave Q2 EPS guidance of $2.45–$2.65 vs. consensus ~ $2.66 and revenue guidance of $10.2–$11.0B vs. consensus ~$11.1B, signaling near-term weakness and prompting repricing. Qualcomm forecasts below estimates
• Negative Sentiment: Memory-chip shortage headline — Management blamed a global memory supply shortage for weaker handset demand and the conservative guide, a concrete operational headwind for the smartphone-linked portion of revenue. WSJ: memory shortage dents outlook
• Negative Sentiment: Analyst reaction and price-target moves — Cantor Fitzgerald cut its price target and cited conservative guidance and potential market-share shifts, increasing near-term downside risk. Cantor Fitzgerald lowers PT
• Negative Sentiment: Immediate market response — Reports show the stock sold off after the guidance and memory-shortage disclosure, as traders moved to reprice expected earnings and revenue ahead. CNBC: stock sinks as memory shortage drags on forecast

Insider Buying and Selling at QUALCOMM

In other QUALCOMM news, insider Heather S. Ace sold 1,600 shares of the stock in a transaction that occurred on Friday, November 7th. The shares were sold at an average price of $172.87, for a total value of $276,592.00. Following the sale, the insider directly owned 19,593 shares in the company, valued at $3,387,041.91. This represents a 7.55% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, EVP Ann C. Chaplin sold 7,180 shares of the firm’s stock in a transaction on Tuesday, December 16th. The shares were sold at an average price of $178.03, for a total transaction of $1,278,255.40. Following the completion of the transaction, the executive vice president directly owned 23,944 shares of the company’s stock, valued at approximately $4,262,750.32. The trade was a 23.07% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 44,820 shares of company stock worth $7,883,482 in the last ninety days. Insiders own 0.05% of the company’s stock.

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.