Alps Advisors Inc. grew its position in shares of QUALCOMM Incorporated (NASDAQ:QCOM – Free Report) by 35.1% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 53,206 shares of the wireless technology company’s stock after acquiring an additional 13,812 shares during the quarter. Alps Advisors Inc.’s holdings in QUALCOMM were worth $8,851,000 at the end of the most recent quarter.
Other hedge funds and other institutional investors have also modified their holdings of the company. Harbor Capital Advisors Inc. lifted its stake in shares of QUALCOMM by 72.2% in the third quarter. Harbor Capital Advisors Inc. now owns 155 shares of the wireless technology company’s stock worth $26,000 after acquiring an additional 65 shares in the last quarter. Cloud Capital Management LLC purchased a new stake in QUALCOMM during the 3rd quarter worth approximately $27,000. Harbor Asset Planning Inc. acquired a new position in shares of QUALCOMM in the 2nd quarter valued at approximately $32,000. Winnow Wealth LLC purchased a new position in shares of QUALCOMM during the 2nd quarter valued at approximately $32,000. Finally, Lavaca Capital LLC acquired a new stake in shares of QUALCOMM during the second quarter worth approximately $32,000. 74.35% of the stock is owned by institutional investors and hedge funds.
Key Stories Impacting QUALCOMM
Here are the key news stories impacting QUALCOMM this week:
- Positive Sentiment: Q1 beat — Qualcomm reported adjusted EPS of $3.50 and strong revenue in automotive/handsets, beating consensus and showing demand in non‑handset end markets. Qualcomm Surpasses Q1 Earnings
- Positive Sentiment: Analysts still see upside — Several firms cut price targets but kept positive stances (Argus lowered PT to $180, JPMorgan to $185, Rosenblatt reiterated buy), leaving multi‑dozen percent upside from current levels according to those shops; this supports short‑covering/relief buying. Analyst Price Target Changes
- Neutral Sentiment: Market view is mixed/hold consensus — Broker consensus sits around “Hold” as firms reassess forward visibility; that keeps headline analyst guidance fragmented and can sustain volatility until memory supply clarity arrives. Consensus Rating of Hold
- Neutral Sentiment: Technicals/positioning matter — Coverage notes Qualcomm has moved back to 2020 price levels and is extremely oversold; that can produce sharp, short‑term bounces even if fundamentals remain challenged. Qualcomm Is Back at 2020 Levels
- Negative Sentiment: Weak Q2 guidance driven by memory shortage — Management warned memory constraints will limit handset shipments and revenue in the near term; that outlook triggered the large post‑earnings drop and remains the main fundamental headwind. Memory Shortage Report
- Negative Sentiment: Analyst cuts and downgrades — Some firms (Evercore cut PT to $134, Bank of America moved to neutral) reduced forecasts after the cautious outlook, increasing near‑term downside risk if memory issues persist. Analyst Forecast Cuts
- Negative Sentiment: Volatility risk remains high — The combination of supply uncertainty, heavy post‑earnings selling, and mixed analyst views means QCOM can swing sharply; expect elevated intraday moves and headline sensitivity until memory supply trends or handset orders normalize. CNBC Coverage of Selloff
QUALCOMM Trading Up 0.8%
QUALCOMM (NASDAQ:QCOM – Get Free Report) last posted its quarterly earnings data on Wednesday, February 4th. The wireless technology company reported $3.50 earnings per share for the quarter, beating the consensus estimate of $3.38 by $0.12. The company had revenue of $12.25 billion during the quarter, compared to analyst estimates of $12.16 billion. QUALCOMM had a net margin of 11.96% and a return on equity of 44.09%. The business’s revenue for the quarter was up 4.7% on a year-over-year basis. During the same quarter last year, the firm posted $3.41 EPS. QUALCOMM has set its Q2 2026 guidance at 2.450-2.650 EPS. On average, equities analysts forecast that QUALCOMM Incorporated will post 9.39 EPS for the current fiscal year.
QUALCOMM Announces Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Thursday, March 26th. Stockholders 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 dividend yield of 2.6%. QUALCOMM’s dividend payout ratio (DPR) is currently 73.55%.
Insider Buying and Selling
In other QUALCOMM news, EVP Ann C. Chaplin sold 7,180 shares of the company’s stock in a transaction dated 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 sale, the executive vice president directly owned 23,944 shares of the company’s stock, valued at approximately $4,262,750.32. This represents a 23.07% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CAO Patricia Y. Grech sold 203 shares of QUALCOMM stock in a transaction that occurred on Tuesday, December 2nd. The stock was sold at an average price of $170.00, for a total transaction of $34,510.00. The disclosure for this sale is available in the SEC filing. Insiders sold 43,017 shares of company stock valued at $7,462,875 over the last ninety days. 0.05% of the stock is currently owned by company insiders.
Wall Street Analysts Forecast Growth
A number of equities analysts have commented on the stock. Evercore decreased their price objective on shares of QUALCOMM from $157.00 to $134.00 and set an “in-line” rating for the company in a report on Thursday. TD Cowen decreased their price target on shares of QUALCOMM from $190.00 to $150.00 and set a “buy” rating for the company in a report on Thursday. Susquehanna downgraded shares of QUALCOMM from a “positive” rating to a “neutral” rating and set a $140.00 price objective for the company. in a research report on Thursday. Bank of America lowered shares of QUALCOMM from a “buy” rating to a “neutral” rating and set a $155.00 price objective on the stock. in a research note on Thursday. Finally, Wall Street Zen downgraded QUALCOMM from a “buy” rating to a “hold” rating in a research note on Tuesday, December 9th. Ten analysts have rated the stock with a Buy rating, nine have issued a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $167.68.
Read Our Latest Stock Report on QCOM
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.
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