Qualcomm Incorporated $QCOM Stock Holdings Decreased by APG Asset Management N.V.

APG Asset Management N.V. lessened its position in Qualcomm Incorporated (NASDAQ:QCOM) by 0.7% in the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 648,301 shares of the wireless technology company’s stock after selling 4,880 shares during the quarter. APG Asset Management N.V. owned approximately 0.06% of Qualcomm worth $107,851,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Norges Bank acquired a new stake in shares of Qualcomm in the second quarter worth $2,713,603,000. Amundi lifted its stake in Qualcomm by 38.2% in the 2nd quarter. Amundi now owns 11,533,094 shares of the wireless technology company’s stock worth $1,866,451,000 after acquiring an additional 3,186,524 shares in the last quarter. Viking Global Investors LP boosted its position in Qualcomm by 120.1% during the 2nd quarter. Viking Global Investors LP now owns 3,152,866 shares of the wireless technology company’s stock worth $502,125,000 after acquiring an additional 1,720,529 shares during the period. Rafferty Asset Management LLC grew its stake in Qualcomm by 59.1% during the 2nd quarter. Rafferty Asset Management LLC now owns 4,418,406 shares of the wireless technology company’s stock valued at $703,675,000 after acquiring an additional 1,641,068 shares in the last quarter. Finally, Worldquant Millennium Advisors LLC increased its holdings in shares of Qualcomm by 228.6% in the 2nd quarter. Worldquant Millennium Advisors LLC now owns 1,130,038 shares of the wireless technology company’s stock valued at $179,970,000 after purchasing an additional 786,110 shares during the period. 74.35% of the stock is currently owned by hedge funds and other institutional investors.

Qualcomm Stock Down 2.2%

Shares of QCOM stock opened at $142.36 on Friday. The stock’s 50 day simple moving average is $157.05 and its 200 day simple moving average is $163.84. Qualcomm Incorporated has a twelve month low of $120.80 and a twelve month high of $205.95. The company has a debt-to-equity ratio of 0.64, a quick ratio of 1.83 and a current ratio of 2.51. The company has a market capitalization of $151.90 billion, a price-to-earnings ratio of 29.41, a PEG ratio of 7.11 and a beta of 1.22.

Qualcomm (NASDAQ:QCOM) last announced its quarterly earnings results on Wednesday, February 4th. The wireless technology company reported $3.50 EPS for the quarter, beating the consensus estimate of $3.38 by $0.12. Qualcomm had a return on equity of 44.09% and a net margin of 11.96%.The company had revenue of $12.25 billion for the quarter, compared to the consensus estimate of $12.16 billion. During the same quarter last year, the company posted $3.41 earnings per share. The company’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, research analysts predict that Qualcomm Incorporated will post 9.39 EPS for the current year.

Qualcomm Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, March 26th. Shareholders of record on Thursday, March 5th will be given a dividend of $0.89 per share. The ex-dividend date of this dividend is Thursday, March 5th. This represents a $3.56 dividend on an annualized basis and a yield of 2.5%. Qualcomm’s payout ratio is currently 73.55%.

Insider Activity at Qualcomm

In related news, EVP Akash J. Palkhiwala sold 3,333 shares of the business’s stock in a transaction dated Friday, February 6th. The stock was sold at an average price of $137.65, for a total transaction of $458,787.45. Following the completion of the transaction, the executive vice president owned 35,599 shares of the company’s stock, valued at approximately $4,900,202.35. The trade was a 8.56% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CAO Patricia Y. Grech sold 203 shares of the stock in a transaction that occurred on Tuesday, December 2nd. The shares were sold at an average price of $170.00, for a total value of $34,510.00. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders sold 45,704 shares of company stock valued at $7,818,708. 0.05% of the stock is owned by corporate insiders.

Analyst Ratings Changes

Several analysts recently commented on QCOM shares. Rosenblatt Securities decreased their price target on shares of Qualcomm from $225.00 to $190.00 and set a “buy” rating for the company in a report on Thursday, February 5th. Wall Street Zen downgraded shares of Qualcomm from a “buy” rating to a “hold” rating in a research report on Tuesday, December 9th. Morgan Stanley assumed coverage on shares of Qualcomm in a report on Tuesday, February 10th. They set an “underweight” rating and a $132.00 price target on the stock. JPMorgan Chase & Co. cut their price objective on Qualcomm from $195.00 to $185.00 and set an “overweight” rating for the company in a report on Thursday, February 5th. Finally, Royal Bank Of Canada lowered their target price on Qualcomm from $180.00 to $150.00 and set a “sector perform” rating on the stock in a research note on Thursday, February 5th. One analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating, ten have issued a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $168.48.

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.