Banque Pictet & Cie SA Purchases 61,632 Shares of Qualcomm Incorporated $QCOM

Banque Pictet & Cie SA increased its position in shares of Qualcomm Incorporated (NASDAQ:QCOM) by 265.0% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 84,890 shares of the wireless technology company’s stock after buying an additional 61,632 shares during the period. Banque Pictet & Cie SA’s holdings in Qualcomm were worth $14,520,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in QCOM. MASTERINVEST Kapitalanlage GmbH purchased a new stake in shares of Qualcomm during the second quarter valued at about $3,896,000. Inscription Capital LLC grew its position in shares of Qualcomm by 58.1% in the 3rd quarter. Inscription Capital LLC now owns 13,055 shares of the wireless technology company’s stock worth $2,172,000 after buying an additional 4,799 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. raised its stake in shares of Qualcomm by 1.7% during the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 1,004,339 shares of the wireless technology company’s stock worth $167,082,000 after acquiring an additional 16,738 shares in the last quarter. Simplify Asset Management Inc. bought a new position in shares of Qualcomm during the 3rd quarter worth approximately $725,000. Finally, First National Trust Co lifted its position in Qualcomm by 9.4% during the third quarter. First National Trust Co now owns 57,687 shares of the wireless technology company’s stock valued at $9,597,000 after acquiring an additional 4,976 shares during the last quarter. Hedge funds and other institutional investors own 74.35% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts have weighed in on QCOM shares. UBS Group restated a “neutral” rating on shares of Qualcomm in a research note on Monday, February 2nd. DZ Bank raised Qualcomm to a “strong-buy” rating in a research report on Tuesday, February 10th. Argus decreased their price objective on Qualcomm from $205.00 to $180.00 and set a “buy” rating for the company in a report on Friday, February 6th. Daiwa Securities Group cut Qualcomm from an “outperform” rating to a “neutral” rating and set a $140.00 price objective for the company. in a research report on Wednesday, February 11th. Finally, Susquehanna downgraded Qualcomm from a “positive” rating to a “neutral” rating and set a $140.00 target price on the stock. in a research note on Thursday, February 5th. One analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating, eleven have given a Hold rating and three have issued a Sell rating to the company. According to data from MarketBeat, Qualcomm presently has an average rating of “Hold” and a consensus target price of $163.77.

Insider Activity

In other news, EVP Akash J. Palkhiwala sold 3,333 shares of the firm’s stock in a transaction dated Friday, February 6th. The stock was 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 directly owned 35,599 shares in the company, valued at $4,900,202.35. This trade represents a 8.56% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, EVP Heather S. Ace sold 3,200 shares of Qualcomm stock in a transaction dated Monday, February 9th. The stock was sold at an average price of $137.00, for a total value of $438,400.00. Following the sale, the executive vice president directly owned 16,393 shares of the company’s stock, valued at $2,245,841. This trade represents a 16.33% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders sold 9,866 shares of company stock valued at $1,474,796. Company insiders own 0.05% of the company’s stock.

More Qualcomm News

Here are the key news stories impacting Qualcomm this week:

• Positive Sentiment: Inclusion on a list of the “7 cheapest AI data center stocks” highlights QCOM’s relative valuation vs. peers and could attract investor interest in Qualcomm’s data-center/AI positioning. Is QUALCOMM Incorporated (QCOM) Among the 7 Cheapest AI Data Center Stocks to Buy Now?
• Positive Sentiment: Goldman Sachs initiated coverage on QCOM — initiation by a major bank often draws investor attention and can support liquidity and re‑rating if the view is constructive. Qualcomm (NASDAQ:QCOM) Coverage Initiated at The Goldman Sachs Group
• Positive Sentiment: Mentioned as a cheap DRIP candidate with a low forward P/E in curated dividend/DRIP lists — attention from income/value investors could provide a buyer base at lower prices. 5 Cheap DRIP Stocks to Buy Now
• Neutral Sentiment: Coverage across consumer finance outlets questions whether the pullback has created a true value opportunity; this keeps the stock on investors’ watchlists but doesn’t resolve near‑term demand or margin concerns. Is QUALCOMM (QCOM) Starting To Look Attractive After Its Recent Share Price Pullback?
• Neutral Sentiment: Globe and Mail notes analysts are conflicted on Qualcomm — mixed broker views create volatility and keep guidance/earnings execution in focus. Analysts Conflicted on These Technology Names: Qualcomm (QCOM) and Shimadzu (OtherSHMZF)
• Negative Sentiment: Zacks highlights a 25.5% three‑month drop and flags margin pressure, China risks and weak handset demand as near-term headwinds — these are concrete operational and macro factors that can weigh on revenue and multiple compression. Qualcomm Declines 25.5% in Past 3 Months: Should Investors Worry?
• Negative Sentiment: A Seeking Alpha downgrade argues the company’s “cracks are widening,” underscoring analyst skepticism about sustainability of margins and growth — downgrades can accelerate selling pressure. Qualcomm: The Cracks Are Widening And Broadening (Downgrade)

Qualcomm Trading Down 1.2%

NASDAQ:QCOM opened at $127.28 on Thursday. The company has a market capitalization of $135.81 billion, a P/E ratio of 26.30 and a beta of 1.28. 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 Incorporated has a 12 month low of $120.80 and a 12 month high of $205.95. The firm has a fifty day simple moving average of $139.39 and a 200-day simple moving average of $159.58.

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 the consensus estimate of $3.38 by $0.12. The firm had revenue of $12.25 billion for the quarter, compared to the consensus estimate of $12.16 billion. Qualcomm had a return on equity of 44.09% and a net margin of 11.96%.The firm’s revenue was up 4.7% on a year-over-year basis. During the same period in the prior year, the firm earned $3.41 EPS. Qualcomm has set its Q2 2026 guidance at 2.450-2.650 EPS. On average, equities research analysts anticipate that Qualcomm Incorporated will post 9.39 earnings per share for the current year.

Qualcomm Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, March 26th. Stockholders of record on Thursday, March 5th were issued a $0.89 dividend. The ex-dividend date of this dividend was Thursday, March 5th. This represents a $3.56 dividend on an annualized basis and a dividend yield of 2.8%. Qualcomm’s dividend payout ratio is currently 73.55%.

Qualcomm announced that its board has authorized a share buyback 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 reacquire up to 14.5% of its stock through open market purchases. Stock repurchase programs are typically a sign that the company’s board of directors believes its shares are undervalued.

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.