Qualcomm Incorporated $QCOM Shares Sold by Aberdeen Group plc

Aberdeen Group plc decreased its holdings in shares of Qualcomm Incorporated (NASDAQ:QCOM) by 1.3% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 854,999 shares of the wireless technology company’s stock after selling 10,898 shares during the quarter. Aberdeen Group plc owned about 0.08% of Qualcomm worth $146,248,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. BayBridge Capital Group LLC lifted its holdings in shares of Qualcomm by 2.1% in the 4th quarter. BayBridge Capital Group LLC now owns 9,366 shares of the wireless technology company’s stock worth $1,602,000 after acquiring an additional 197 shares during the last quarter. Beaumont Financial Advisors LLC boosted its position in shares of Qualcomm by 0.9% during the fourth quarter. Beaumont Financial Advisors LLC now owns 12,594 shares of the wireless technology company’s stock worth $2,154,000 after buying an additional 109 shares during the period. Kendall Capital Management boosted its position in shares of Qualcomm by 77.9% during the fourth quarter. Kendall Capital Management now owns 12,299 shares of the wireless technology company’s stock worth $2,104,000 after buying an additional 5,384 shares during the period. Dorato Capital Management acquired a new stake in shares of Qualcomm in the fourth quarter valued at $204,000. Finally, Earned Wealth Advisors LLC raised its holdings in shares of Qualcomm by 11.7% in the 4th quarter. Earned Wealth Advisors LLC now owns 2,649 shares of the wireless technology company’s stock valued at $453,000 after buying an additional 278 shares during the period. Hedge funds and other institutional investors own 74.35% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts recently commented on QCOM shares. Evercore lowered their target price on Qualcomm from $157.00 to $134.00 and set an “in-line” rating for the company in a report on Thursday, February 5th. Robert W. Baird set a $177.00 price target on shares of Qualcomm in a research report on Thursday, February 5th. UBS Group reissued a “neutral” rating on shares of Qualcomm in a research note on Monday, February 2nd. JPMorgan Chase & Co. dropped their price objective 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. Finally, Citigroup reaffirmed a “neutral” rating on shares of Qualcomm in a research note on Thursday, January 15th. One research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating, eleven have assigned a Hold rating and three have assigned a Sell rating to the stock. According to data from MarketBeat.com, Qualcomm has a consensus rating of “Hold” and a consensus price target of $163.77.

Insiders Place Their Bets

In other Qualcomm news, EVP Akash J. Palkhiwala sold 3,333 shares of Qualcomm stock in a transaction dated Friday, February 6th. The stock was 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 directly owned 35,599 shares of the company’s stock, valued at $4,900,202.35. The trade was a 8.56% decrease in their position. The sale 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 company’s 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 transaction, the executive vice president directly owned 16,393 shares of the company’s stock, valued at approximately $2,245,841. This represents a 16.33% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last quarter, insiders have sold 6,618 shares of company stock valued at $907,855. Insiders own 0.05% of the company’s stock.

Qualcomm Stock Performance

Shares of Qualcomm stock opened at $126.80 on Friday. The business has a 50-day simple moving average of $138.77 and a 200-day simple moving average of $159.35. The company has a debt-to-equity ratio of 0.64, a quick ratio of 1.83 and a current ratio of 2.51. Qualcomm Incorporated has a one year low of $120.80 and a one year high of $205.95. The company has a market cap of $135.30 billion, a PE ratio of 26.20 and a beta of 1.28.

Qualcomm (NASDAQ:QCOM) last issued its earnings results on Wednesday, February 4th. The wireless technology company reported $3.50 earnings per share for the quarter, beating the consensus estimate of $3.38 by $0.12. Qualcomm had a net margin of 11.96% and a return on equity of 44.09%. The firm had revenue of $12.25 billion for the quarter, compared to analysts’ expectations of $12.16 billion. During the same quarter last year, the company earned $3.41 earnings per share. The firm’s revenue was up 4.7% compared to the same quarter last year. Qualcomm has set its Q2 2026 guidance at 2.450-2.650 EPS. On average, equities research analysts forecast that Qualcomm Incorporated will post 9.39 EPS for the current fiscal 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 given a dividend of $0.89 per share. This represents a $3.56 annualized dividend and a dividend yield of 2.8%. The ex-dividend date of this dividend was Thursday, March 5th. Qualcomm’s payout ratio is 73.55%.

Qualcomm declared that its Board of Directors has initiated a share buyback plan on Tuesday, March 17th that allows the company to repurchase $20.00 billion in shares. This repurchase authorization allows the wireless technology company to repurchase up to 14.5% of its shares through open market purchases. Shares repurchase plans are typically a sign that the company’s leadership believes its stock is undervalued.

More Qualcomm News

Here are the key news stories impacting Qualcomm this week:

• Positive Sentiment: Snapdragon Wear Elite announced improvements for smartwatches (better performance, AI health features and battery life), which could help Qualcomm win share in a growing wearables market. Can Qualcomm’s Snapdragon Innovations for Wearables Drive Growth?
• Positive Sentiment: Qualcomm is expanding its AI footprint into robotics and electric vehicles — a strategic diversification that could open new end markets beyond handsets and data centers. This is constructive for long‑term revenue optionality even as shares lag near‑term targets. Qualcomm Expands AI Footprint Into Robotics And EVs As Shares Lag Targets
• Positive Sentiment: Qualcomm is being highlighted as a “cheap” dividend reinvestment (DRIP) candidate in curated lists, which could attract value/income investors looking for yield and share‑buying programs. 5 Cheap DRIP Stocks to Buy Now
• Neutral Sentiment: Goldman Sachs initiated coverage with a Neutral rating and a $135 price target, signaling limited near‑term upside from current levels while acknowledging diversification efforts. That likely caps bullish momentum until growth clarity improves. Goldman Sachs Initiates Qualcomm (QCOM) at Neutral, Notes Mixed Growth Outlook
• Neutral Sentiment: Media coverage notes analysts are conflicted on Qualcomm, reflecting divergent views on the company’s ability to offset handset weakness with new AI and automotive opportunities. Analysts Conflicted on These Technology Names: Qualcomm (QCOM) and Shimadzu
• Neutral Sentiment: Qualcomm’s CAO Patricia Y. Grech sold 85 shares under a pre‑arranged Rule 10b5‑1 plan; the sale is small and preplanned, so it’s unlikely to signal management concern. SEC Filing – Insider Sale
• Negative Sentiment: QCOM has declined roughly 25.5% over the past three months as investors price in margin pressure, China exposure and weaker handset demand — near‑term fundamentals remain a key risk to the stock. Qualcomm Declines 25.5% in Past 3 Months: Should Investors Worry?

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.