Dynamic Advisor Solutions LLC Cuts Stake in Qualcomm Incorporated $QCOM

Dynamic Advisor Solutions LLC lessened its stake in shares of Qualcomm Incorporated (NASDAQ:QCOM) by 34.3% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 10,377 shares of the wireless technology company’s stock after selling 5,425 shares during the quarter. Dynamic Advisor Solutions LLC’s holdings in Qualcomm were worth $1,775,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently modified their holdings of the stock. Norges Bank purchased a new stake in shares of Qualcomm during the 2nd quarter valued at about $2,713,603,000. Wellington Management Group LLP lifted its position in Qualcomm by 141.8% during the 3rd quarter. Wellington Management Group LLP now owns 12,437,240 shares of the wireless technology company’s stock worth $2,069,059,000 after acquiring an additional 7,292,783 shares in the last quarter. Amundi boosted its holdings 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 during the period. Dimensional Fund Advisors LP boosted its holdings in Qualcomm by 36.8% in the 3rd quarter. Dimensional Fund Advisors LP now owns 6,552,427 shares of the wireless technology company’s stock worth $1,090,025,000 after acquiring an additional 1,764,252 shares during the period. Finally, Viking Global Investors LP grew its position in Qualcomm by 120.1% in the second quarter. Viking Global Investors LP now owns 3,152,866 shares of the wireless technology company’s stock valued at $502,125,000 after acquiring an additional 1,720,529 shares in the last quarter. Hedge funds and other institutional investors own 74.35% of the company’s stock.

Qualcomm Price Performance

QCOM stock opened at $128.67 on Wednesday. The stock’s 50 day moving average is $143.07 and its two-hundred day moving average is $160.92. Qualcomm Incorporated has a 52-week low of $120.80 and a 52-week high of $205.95. The company has a market capitalization of $137.29 billion, a PE ratio of 26.58 and a beta of 1.25. The company has a quick ratio of 1.83, a current ratio of 2.51 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 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 during the quarter, compared to analysts’ expectations of $12.16 billion. During the same period in the prior year, the business posted $3.41 EPS. The business’s revenue was up 4.7% on a year-over-year basis. Qualcomm has set its Q2 2026 guidance at 2.450-2.650 EPS. Analysts predict that Qualcomm Incorporated will post 9.39 earnings per share for the current fiscal year.

Qualcomm declared that its board has approved a share repurchase program on Tuesday, March 17th that permits the company to buyback $20.00 billion in outstanding shares. This buyback authorization permits the wireless technology company to buy up to 14.5% of its shares through open market purchases. Shares buyback programs are generally an indication that the company’s leadership believes its stock is undervalued.

Qualcomm Dividend Announcement

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. This represents a $3.56 dividend on an annualized basis and a yield of 2.8%. The ex-dividend date is Thursday, March 5th. Qualcomm’s dividend payout ratio is 73.55%.

Insider Buying and Selling at Qualcomm

In other news, EVP Heather S. Ace sold 3,200 shares of the business’s stock in a transaction dated 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 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 document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Akash J. Palkhiwala sold 3,333 shares of the company’s stock in a transaction dated Friday, February 6th. The shares were sold at an average price of $137.65, for a total transaction of $458,787.45. Following the completion of the sale, the executive vice president owned 35,599 shares in the company, valued at approximately $4,900,202.35. This trade represents a 8.56% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders have sold 9,866 shares of company stock valued at $1,474,796. 0.05% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

A number of analysts have recently issued reports on the stock. Loop Capital upgraded shares of Qualcomm from a “hold” rating to a “buy” rating and set a $185.00 price objective on the stock in a research note on Tuesday, February 24th. Royal Bank Of Canada decreased their target price on shares of Qualcomm from $180.00 to $150.00 and set a “sector perform” rating for the company in a research note on Thursday, February 5th. JPMorgan Chase & Co. lowered their price target on shares of Qualcomm from $195.00 to $185.00 and set an “overweight” rating for the company in a report on Thursday, February 5th. DZ Bank raised shares of Qualcomm to a “strong-buy” rating in a research note on Tuesday, February 10th. Finally, Seaport Research Partners reiterated a “sell” rating and issued a $100.00 price objective on shares of Qualcomm in a report on Monday, March 16th. One investment analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, nine have issued a Hold rating and three have issued a Sell rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $168.00.

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.