Diversified Trust Co. Cuts Position in Qualcomm Incorporated $QCOM

Diversified Trust Co. decreased its stake in Qualcomm Incorporated (NASDAQ:QCOM) by 20.5% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 49,635 shares of the wireless technology company’s stock after selling 12,789 shares during the period. Diversified Trust Co.’s holdings in Qualcomm were worth $8,490,000 as of its most recent SEC filing.

A number of other institutional investors have also recently added to or reduced their stakes in QCOM. Brighton Jones LLC increased its stake in Qualcomm by 116.6% in the 4th quarter. Brighton Jones LLC now owns 17,356 shares of the wireless technology company’s stock valued at $2,666,000 after purchasing an additional 9,343 shares in the last quarter. Revolve Wealth Partners LLC boosted its position in Qualcomm by 15.4% during the fourth quarter. Revolve Wealth Partners LLC now owns 2,542 shares of the wireless technology company’s stock worth $391,000 after purchasing an additional 340 shares in the last quarter. Sivia Capital Partners LLC boosted its position in Qualcomm by 44.3% during the second quarter. Sivia Capital Partners LLC now owns 3,325 shares of the wireless technology company’s stock worth $530,000 after purchasing an additional 1,020 shares in the last quarter. Magnetar Financial LLC grew its holdings in Qualcomm by 65.1% in the second quarter. Magnetar Financial LLC now owns 6,714 shares of the wireless technology company’s stock valued at $1,069,000 after purchasing an additional 2,647 shares during the last quarter. Finally, CenterBook Partners LP increased its position in shares of Qualcomm by 260.8% in the second quarter. CenterBook Partners LP now owns 13,219 shares of the wireless technology company’s stock valued at $2,105,000 after buying an additional 9,555 shares in the last quarter. Hedge funds and other institutional investors own 74.35% of the company’s stock.

Qualcomm Trading Down 1.2%

Qualcomm stock opened at $128.35 on Tuesday. The stock has a market cap of $136.95 billion, a PE ratio of 26.52 and a beta of 1.25. The stock has a 50-day moving average price of $143.80 and a 200 day moving average price of $161.14. Qualcomm Incorporated has a 52 week low of $120.80 and a 52 week high of $205.95. The company has a current ratio of 2.51, a quick ratio of 1.83 and a debt-to-equity ratio of 0.64.

Qualcomm (NASDAQ:QCOM) last released its earnings results 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 net margin of 11.96% and a return on equity of 44.09%. 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 prior year, the firm earned $3.41 EPS. The firm’s quarterly revenue was up 4.7% on a year-over-year basis. Qualcomm has set its Q2 2026 guidance at 2.450-2.650 EPS. Equities research analysts predict that Qualcomm Incorporated will post 9.39 earnings per share for the current fiscal year.

Qualcomm Dividend Announcement

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 dividend yield of 2.8%. Qualcomm’s dividend payout ratio is presently 73.55%.

Qualcomm announced that its Board of Directors has initiated a share repurchase program on Tuesday, March 17th that allows the company to repurchase $20.00 billion in outstanding shares. This repurchase authorization allows the wireless technology company to purchase up to 14.5% of its shares through open market purchases. Shares repurchase programs are often an indication that the company’s management believes its shares are undervalued.

Analyst Upgrades and Downgrades

Several research analysts have recently issued reports on QCOM shares. Sanford C. Bernstein reaffirmed an “outperform” rating and set a $200.00 price target on shares of Qualcomm in a research note on Monday, February 2nd. Susquehanna cut shares of Qualcomm from a “positive” rating to a “neutral” rating and set a $140.00 price objective on the stock. in a research note on Thursday, February 5th. Rosenblatt Securities dropped their target price 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. Daiwa Securities Group downgraded shares of Qualcomm from an “outperform” rating to a “neutral” rating and set a $140.00 price target on the stock. in a report on Wednesday, February 11th. Finally, Wells Fargo & Company upgraded shares of Qualcomm from an “underweight” rating to an “equal weight” rating and increased their price target for the company from $135.00 to $185.00 in a research report on Tuesday, February 24th. One analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating, nine have given a Hold rating and three have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $168.00.

Insider Buying and Selling

In other Qualcomm news, EVP Heather S. Ace sold 3,200 shares of Qualcomm stock in a transaction that occurred on Monday, February 9th. The shares were sold at an average price of $137.00, for a total value of $438,400.00. Following the completion of the sale, the executive vice president directly owned 16,393 shares of the company’s stock, valued at approximately $2,245,841. The trade was a 16.33% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Akash J. Palkhiwala sold 3,333 shares of the business’s stock in a transaction on Friday, February 6th. The shares were sold at an average price of $137.65, for a total value 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 $4,900,202.35. This trade represents a 8.56% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders have sold 9,866 shares of company stock worth $1,474,796. 0.05% of the stock is owned by company insiders.

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.