Allianz SE Cuts Stake in Qualcomm Incorporated $QCOM

Allianz SE cut its holdings in Qualcomm Incorporated (NASDAQ:QCOM) by 36.0% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 68,925 shares of the wireless technology company’s stock after selling 38,691 shares during the period. Allianz SE’s holdings in Qualcomm were worth $11,466,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Harbor Capital Advisors Inc. lifted its holdings in shares of Qualcomm by 72.2% in the third quarter. Harbor Capital Advisors Inc. now owns 155 shares of the wireless technology company’s stock worth $26,000 after buying an additional 65 shares in the last quarter. Cloud Capital Management LLC bought a new stake in Qualcomm in the 3rd quarter valued at $27,000. Winnow Wealth LLC purchased a new stake in Qualcomm in the 2nd quarter worth $32,000. Lavaca Capital LLC purchased a new stake in Qualcomm in the 2nd quarter worth $32,000. Finally, Guerra Advisors Inc bought a new position in shares of Qualcomm during the 3rd quarter valued at about $39,000. 74.35% of the stock is owned by hedge funds and other institutional investors.

Qualcomm Trading Down 2.2%

QCOM stock opened at $142.36 on Friday. The firm’s 50-day moving average is $157.05 and its 200 day moving average is $163.77. 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 12 month low of $120.80 and a 12 month high of $205.95. The company has a market capitalization of $151.90 billion, a PE ratio of 29.41, a P/E/G ratio of 7.27 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 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.38 by $0.12. Qualcomm had a return on equity of 44.09% and a net margin of 11.96%.The firm had revenue of $12.25 billion during the quarter, compared to analyst estimates of $12.16 billion. During the same quarter in the previous year, the business earned $3.41 earnings per share. Qualcomm’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. On average, research analysts anticipate that Qualcomm Incorporated will post 9.39 EPS for the current year.

Qualcomm Announces Dividend

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

Insiders Place Their Bets

In other 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 transaction, the executive vice president owned 16,393 shares of the company’s stock, valued at $2,245,841. The trade was a 16.33% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Ann C. Chaplin sold 7,180 shares of the company’s stock in a transaction dated Tuesday, December 16th. The shares were sold at an average price of $178.03, for a total value of $1,278,255.40. Following the transaction, the executive vice president directly owned 23,944 shares in the company, valued at $4,262,750.32. This represents a 23.07% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders sold 45,704 shares of company stock worth $7,818,708. Insiders own 0.05% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts have recently issued reports on the company. Robert W. Baird set a $177.00 target price on Qualcomm in a report on Thursday, February 5th. UBS Group reiterated a “neutral” rating on shares of Qualcomm in a research report on Monday, February 2nd. Morgan Stanley began coverage on shares of Qualcomm in a research report on Tuesday, February 10th. They issued an “underweight” rating and a $132.00 price target on the stock. Wall Street Zen downgraded shares of Qualcomm from a “buy” rating to a “hold” rating in a research note on Tuesday, December 9th. Finally, Mizuho lowered their price target on shares of Qualcomm from $160.00 to $140.00 and set a “neutral” rating for the company in a report on Thursday, February 5th. One analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, ten have given a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $168.48.

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.