Empirical Asset Management LLC Boosts Stock Holdings in QUALCOMM Incorporated $QCOM

Empirical Asset Management LLC raised its position in shares of QUALCOMM Incorporated (NASDAQ:QCOM) by 2,356.4% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 120,144 shares of the wireless technology company’s stock after acquiring an additional 115,253 shares during the quarter. QUALCOMM comprises 3.0% of Empirical Asset Management LLC’s investment portfolio, making the stock its 5th biggest holding. Empirical Asset Management LLC’s holdings in QUALCOMM were worth $19,987,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. GGM Financials LLC acquired a new position in shares of QUALCOMM in the 3rd quarter valued at about $183,000. Waddell & Associates LLC increased its holdings in QUALCOMM by 18.2% in the third quarter. Waddell & Associates LLC now owns 2,262 shares of the wireless technology company’s stock worth $376,000 after purchasing an additional 349 shares in the last quarter. Zhang Financial LLC increased its holdings in QUALCOMM by 22.2% in the third quarter. Zhang Financial LLC now owns 6,523 shares of the wireless technology company’s stock worth $1,085,000 after purchasing an additional 1,185 shares in the last quarter. Aspen Wealth Strategies LLC lifted its stake in QUALCOMM by 8.2% in the third quarter. Aspen Wealth Strategies LLC now owns 2,335 shares of the wireless technology company’s stock valued at $388,000 after buying an additional 177 shares during the period. Finally, Parr Mcknight Wealth Management Group LLC boosted its holdings in shares of QUALCOMM by 1.5% during the 3rd quarter. Parr Mcknight Wealth Management Group LLC now owns 19,951 shares of the wireless technology company’s stock worth $3,319,000 after buying an additional 301 shares in the last quarter. 74.35% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several research firms have recently weighed in on QCOM. Cantor Fitzgerald lowered their price objective on shares of QUALCOMM from $185.00 to $160.00 and set a “neutral” rating for the company in a research note on Monday, February 2nd. JPMorgan Chase & Co. decreased their price target on shares of QUALCOMM from $195.00 to $185.00 and set an “overweight” rating for the company in a research note on Thursday, February 5th. Wells Fargo & Company raised shares of QUALCOMM from an “underweight” rating to an “equal weight” rating and lifted their price target for the company from $135.00 to $185.00 in a research note on Tuesday. Rosenblatt Securities dropped their price objective on shares of QUALCOMM from $225.00 to $190.00 and set a “buy” rating on the stock in a report on Thursday, February 5th. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of QUALCOMM in a research report on Monday, December 29th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating, ten have assigned a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $168.48.

QUALCOMM Trading Up 3.1%

NASDAQ:QCOM opened at $144.78 on Wednesday. The company has a debt-to-equity ratio of 0.64, a current ratio of 2.51 and a quick ratio of 1.83. QUALCOMM Incorporated has a one year low of $120.80 and a one year high of $205.95. The company has a market cap of $154.48 billion, a PE ratio of 29.91, a PEG ratio of 7.01 and a beta of 1.22. The firm has a 50-day moving average of $158.81 and a 200-day moving average of $164.06.

QUALCOMM (NASDAQ:QCOM) last announced its quarterly earnings results 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 business had revenue of $12.25 billion for the quarter, compared to analysts’ expectations of $12.16 billion. QUALCOMM had a net margin of 11.96% and a return on equity of 44.09%. The firm’s revenue for the quarter was up 4.7% compared to the same quarter last year. During the same quarter last year, the firm earned $3.41 EPS. QUALCOMM has set its Q2 2026 guidance at 2.450-2.650 EPS. As a group, equities research analysts expect 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. Shareholders of record on Thursday, March 5th will be paid a dividend of $0.89 per share. The ex-dividend date is Thursday, March 5th. This represents a $3.56 annualized dividend and a yield of 2.5%. QUALCOMM’s dividend payout ratio (DPR) is 73.55%.

More QUALCOMM News

Here are the key news stories impacting QUALCOMM this week:

• Positive Sentiment: Wells Fargo upgraded Qualcomm, citing traction from its data‑center strategy (AI server chips and related software/partnerships) which improves revenue diversification beyond mobile. Qualcomm’s data center strategy prompts upgrade by Wells Fargo
• Positive Sentiment: Analysts have been lifting valuations and highlighting expanding AI and automotive ambitions — investors view this as a rationale for higher forward multiples if Qualcomm converts design wins into server and auto revenue. A Look At Qualcomm (QCOM) Valuation After Analyst Upgrades And Expanding AI And Automotive Ambitions
• Positive Sentiment: Qualcomm and Tata Electronics agreed to manufacture automotive modules in India, establishing local OSAT capacity for automotive modules — this expands Qualcomm’s automotive supply chain and addresses customers’ regional sourcing needs. Qualcomm Tata Deal Puts India At Center Of Auto Chip Growth Qualcomm–Tata tie-up for automotive module manufacturing
• Positive Sentiment: Evercore notes Broadcom leads the ASIC market but says Marvell and Qualcomm are catching up — a sign analysts see improving competitive positioning for Qualcomm in infrastructure silicon. Broadcom is ‘best-in-class’ in ASIC market, but Marvell, Qualcomm catching up: Evercore
• Neutral Sentiment: Commentary notes Qualcomm has underperformed the Dow over the past year, tempering the move; analysts remain moderately bullish but the stock faces near‑term valuation and execution scrutiny. Is QUALCOMM Stock Underperforming the Dow?
• Neutral Sentiment: Comparisons with peers (Broadcom, Marvell, etc.) are prompting debate in coverage about whether Qualcomm is the best value or a laggard — useful background but not an immediate catalyst. Qualcomm Vs. Peers: Is It Still The Smart Play?
• Negative Sentiment: “Urgent dividend alert” headlines have appeared, raising investor attention to dividend timing or sustainability questions — this has created short‑term caution among income‑focused holders. Qualcomm issues urgent dividend alert for chip investors | QCOM Qualcomm issues urgent dividend alert for chip investors

Insider Buying and Selling at QUALCOMM

In related news, EVP Akash J. Palkhiwala sold 10,000 shares of the business’s stock in a transaction dated Thursday, December 18th. The shares were sold at an average price of $175.12, for a total transaction of $1,751,200.00. Following the transaction, the executive vice president directly owned 44,803 shares in the company, valued at approximately $7,845,901.36. The trade was a 18.25% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CAO Patricia Y. Grech sold 203 shares of the company’s stock in a transaction dated Tuesday, December 2nd. The stock was sold at an average price of $170.00, for a total transaction of $34,510.00. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders sold 45,704 shares of company stock worth $7,818,708. 0.05% of the stock is currently owned by insiders.

About QUALCOMM

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.