Czech National Bank Has $48.31 Million Stock Position in Qualcomm Incorporated $QCOM

Czech National Bank boosted its holdings in shares of Qualcomm Incorporated (NASDAQ:QCOM) by 3.1% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 282,407 shares of the wireless technology company’s stock after acquiring an additional 8,500 shares during the period. Czech National Bank’s holdings in Qualcomm were worth $48,306,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Norges Bank acquired a new position in shares of Qualcomm in the 2nd quarter valued at approximately $2,713,603,000. Wellington Management Group LLP raised its holdings 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 buying an additional 7,292,783 shares during the period. Amundi raised its holdings in Qualcomm by 38.2% during the 2nd quarter. Amundi now owns 11,533,094 shares of the wireless technology company’s stock worth $1,866,451,000 after buying an additional 3,186,524 shares during the period. Dimensional Fund Advisors LP lifted its stake in Qualcomm by 36.8% in the third quarter. Dimensional Fund Advisors LP now owns 6,552,427 shares of the wireless technology company’s stock valued at $1,090,025,000 after buying an additional 1,764,252 shares in the last quarter. Finally, Viking Global Investors LP boosted its holdings in shares of 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 buying an additional 1,720,529 shares during the period. 74.35% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of brokerages recently weighed in on QCOM. TD Cowen reduced their target price on shares of Qualcomm from $190.00 to $150.00 and set a “buy” rating for the company in a research note on Thursday, February 5th. Evercore cut their price target on Qualcomm from $157.00 to $134.00 and set an “in-line” rating on the stock in a report on Thursday, February 5th. Susquehanna downgraded Qualcomm from a “positive” rating to a “neutral” rating and set a $140.00 price objective for the company. in a report on Thursday, February 5th. DZ Bank raised Qualcomm to a “strong-buy” rating in a research report on Tuesday, February 10th. Finally, Piper Sandler restated an “overweight” rating and issued a $200.00 target price on shares of Qualcomm in a research note on Thursday, February 5th. One investment analyst has rated the stock with a Strong Buy rating, eleven have issued 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.com, Qualcomm has an average rating of “Hold” and an average price target of $168.00.

Insider Activity at Qualcomm

In other Qualcomm news, EVP Akash J. Palkhiwala sold 3,333 shares of the company’s stock in a transaction that occurred on Friday, February 6th. The stock was sold at an average price of $137.65, for a total value of $458,787.45. Following the sale, the executive vice president owned 35,599 shares in the company, valued at $4,900,202.35. This represents a 8.56% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, EVP Heather S. Ace sold 3,200 shares of the firm’s 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 ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 9,866 shares of company stock worth $1,474,796 in the last 90 days. Corporate insiders own 0.05% of the company’s stock.

Qualcomm Stock Performance

Shares of QCOM stock opened at $130.35 on Thursday. The company has a fifty day moving average price of $142.38 and a two-hundred day moving average price of $160.70. Qualcomm Incorporated has a one year low of $120.80 and a one year high of $205.95. The stock has a market cap of $139.08 billion, a P/E ratio of 26.93 and a beta of 1.25. 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 (NASDAQ:QCOM) last released its quarterly earnings data on Wednesday, February 4th. The wireless technology company reported $3.50 earnings per share for the quarter, topping the consensus estimate of $3.38 by $0.12. The company had revenue of $12.25 billion for 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%. Qualcomm’s revenue for the quarter was up 4.7% compared to the same quarter last year. During the same period in the previous year, the business earned $3.41 EPS. Qualcomm has set its Q2 2026 guidance at 2.450-2.650 EPS. As a group, equities analysts predict that Qualcomm Incorporated will post 9.39 EPS for the current year.

Qualcomm declared that its board has approved a stock buyback plan on Tuesday, March 17th that authorizes the company to repurchase $20.00 billion in outstanding shares. This repurchase authorization authorizes the wireless technology company to purchase up to 14.5% of its stock through open market purchases. Stock repurchase plans are typically an indication that the company’s board of directors believes its shares are undervalued.

Qualcomm Dividend Announcement

The firm also recently declared 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. This represents a $3.56 dividend on an annualized basis and a yield of 2.7%. The ex-dividend date of this dividend is Thursday, March 5th. Qualcomm’s payout ratio is 73.55%.

Qualcomm Company 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.