716,024 Shares in Qualcomm Incorporated $QCOM Bought by PFA Pension Forsikringsaktieselskab

Key Points

• PFA Pension Forsikringsaktieselskab purchased 716,024 shares of Qualcomm (QCOM) in the fourth quarter for about $124.34 million, leaving the firm with roughly 0.07% ownership while institutional investors hold about 74.35% of the stock.
• Qualcomm topped Q2 EPS and the CEO said it will ship custom data‑center chips to a “large hyperscaler,” helping fuel a recent rally and analyst upgrades, but management issued a below‑consensus Q3 guide and cited a memory supply issue that could pressure handset demand.
• The board authorized a $20.0 billion share buyback and raised the quarterly dividend to $0.92 (annualized $3.68, ~2.1% yield), actions the company says support shareholder returns.

PFA Pension Forsikringsaktieselskab purchased a new position in shares of Qualcomm Incorporated (NASDAQ:QCOM - Free Report) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 716,024 shares of the wireless technology company's stock, valued at approximately $124,338,000. PFA Pension Forsikringsaktieselskab owned 0.07% of Qualcomm at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of QCOM. Wellington Management Group LLP boosted its stake 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 purchasing an additional 7,292,783 shares during the period. Dimensional Fund Advisors LP boosted its stake in Qualcomm by 36.8% during 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 purchasing an additional 1,764,252 shares during the period. Viking Global Investors LP boosted its stake in Qualcomm by 120.1% during the 2nd quarter. Viking Global Investors LP now owns 3,152,866 shares of the wireless technology company's stock worth $502,125,000 after purchasing an additional 1,720,529 shares during the period. Rafferty Asset Management LLC boosted its stake in Qualcomm by 59.1% during the 2nd quarter. Rafferty Asset Management LLC now owns 4,418,406 shares of the wireless technology company's stock worth $703,675,000 after purchasing an additional 1,641,068 shares during the period. Finally, Van ECK Associates Corp boosted its stake in Qualcomm by 18.3% during the 3rd quarter. Van ECK Associates Corp now owns 9,050,717 shares of the wireless technology company's stock worth $1,505,677,000 after purchasing an additional 1,397,466 shares during the period. Institutional investors and hedge funds own 74.35% of the company's stock.

Trending Headlines about Qualcomm

Here are the key news stories impacting Qualcomm this week:

• Positive Sentiment: Q2 beat and segment strength — Qualcomm topped EPS expectations and showed strong automotive/licensing performance, which supports near‑term earnings quality and helped fuel the recent rally. Qualcomm (QCOM) Posts Stellar Q2
• Positive Sentiment: Data‑center/hyperscaler validation — CEO commentary that Qualcomm will ship custom data‑center chips to a “large hyperscaler” this year materially changed the narrative and underpins hopes for a new, higher‑growth revenue stream. Reuters: Qualcomm shares jump
• Positive Sentiment: Analyst support — Multiple firms raised targets or reaffirmed buy ratings (e.g., Benchmark, Rosenblatt, Summit Insights upgrade), which added fuel to the rally and legitimized the AI/data‑center story. Wall Street Lifts Qualcomm Price Target
• Neutral Sentiment: Technicals and momentum — Chart signals show an overbought setup after the rapid rally; that attracts momentum buyers but raises short‑term pullback risk. Barron's: Technicals
• Neutral Sentiment: Capital returns — Ongoing buyback authorization and a raised quarterly dividend support shareholder returns, a stabilizing factor for valuation. MarketBeat: QCOM summary
• Negative Sentiment: Below‑consensus Q3 guide & memory shortage — Qualcomm guided Q3 revenue/EPS below Street expectations and pointed to a memory supply issue that could pressure handset demand, which triggered the initial post‑earnings weakness. Reuters: Forecast underwhelms
• Negative Sentiment: Insider sale disclosure — A CAO disclosed a small Rule 10b5‑1 sale (192 shares); minimal on its own but noted by some data aggregators amid high‑volume trading. InsiderTrades: Insider sale

Wall Street Analysts Forecast Growth

A number of analysts recently weighed in on the stock. Weiss Ratings reiterated a "hold (c)" rating on shares of Qualcomm in a research note on Friday, March 27th. Deutsche Bank Aktiengesellschaft restated a "hold" rating and set a $160.00 price objective on shares of Qualcomm in a research report on Thursday. DZ Bank upgraded shares of Qualcomm to a "strong-buy" rating in a research report on Tuesday, February 10th. Daiwa Securities Group downgraded shares of 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, Benchmark upped their price objective on shares of Qualcomm from $200.00 to $225.00 and gave the stock a "buy" rating in a research report on Thursday. One analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating, fifteen have given a Hold rating and four have assigned a Sell rating to the company. According to data from MarketBeat, Qualcomm currently has a consensus rating of "Hold" and a consensus price target of $172.40.

Insider Activity

In other news, CAO Patricia Y. Grech sold 192 shares of the stock in a transaction dated Thursday, April 30th. The shares were sold at an average price of $172.00, for a total value of $33,024.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Heather S. Ace sold 3,200 shares of the stock in a transaction dated Monday, February 9th. The shares were sold at an average price of $137.00, for a total transaction of $438,400.00. Following the completion of the transaction, the executive vice president owned 16,393 shares of the company's stock, valued at $2,245,841. This represents a 16.33% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 9,310 shares of company stock worth $1,266,729 in the last 90 days. 0.05% of the stock is currently owned by corporate insiders.

Qualcomm Stock Down 1.4%

Shares of Qualcomm stock opened at $177.00 on Friday. The company has a market cap of $188.85 billion, a P/E ratio of 19.24 and a beta of 1.49. The company has a debt-to-equity ratio of 0.54, a quick ratio of 1.83 and a current ratio of 2.37. Qualcomm Incorporated has a one year low of $121.99 and a one year high of $205.95. The firm has a fifty day moving average of $135.69 and a two-hundred day moving average of $155.33.

Qualcomm (NASDAQ:QCOM - Get Free Report) last announced its quarterly earnings data on Wednesday, April 29th. The wireless technology company reported $2.65 EPS for the quarter, topping analysts' consensus estimates of $2.56 by $0.09. The company had revenue of $10.60 billion during the quarter, compared to the consensus estimate of $10.59 billion. Qualcomm had a net margin of 22.31% and a return on equity of 42.11%. Qualcomm's quarterly revenue was down 3.5% on a year-over-year basis. During the same quarter in the prior year, the firm earned $2.85 EPS. Qualcomm has set its Q3 2026 guidance at 2.100-2.300 EPS. On average, analysts forecast that Qualcomm Incorporated will post 8.18 earnings per share for the current year.

Qualcomm Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, June 25th. Stockholders of record on Thursday, June 4th will be issued a $0.92 dividend. The ex-dividend date is Thursday, June 4th. This represents a $3.68 dividend on an annualized basis and a dividend yield of 2.1%. This is a boost from Qualcomm's previous quarterly dividend of $0.89. Qualcomm's payout ratio is 38.70%.

Qualcomm declared that its Board of Directors has initiated a stock repurchase program on Tuesday, March 17th that permits the company to buyback $20.00 billion in shares. This buyback authorization permits the wireless technology company to purchase up to 14.5% of its shares through open market purchases. Shares buyback programs are typically an indication that the company's board believes its stock is 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.

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