Amundi boosted its holdings in Qualcomm Incorporated (NASDAQ:QCOM - Free Report) by 94.1% during the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 10,195,741 shares of the wireless technology company's stock after buying an additional 4,942,908 shares during the quarter. Amundi owned approximately 0.97% of Qualcomm worth $1,884,071,000 at the end of the most recent reporting period.
Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Your Advocates Ltd. LLP acquired a new position in Qualcomm in the 1st quarter worth about $26,000. Caitong International Asset Management Co. Ltd increased its stake in shares of Qualcomm by 17,000.0% in the fourth quarter. Caitong International Asset Management Co. Ltd now owns 171 shares of the wireless technology company's stock valued at $29,000 after buying an additional 170 shares during the period. Birchwood Financial Partners Inc. acquired a new position in shares of Qualcomm in the fourth quarter valued at approximately $31,000. Commonwealth Retirement Investments LLC bought a new position in Qualcomm in the 4th quarter valued at approximately $32,000. Finally, ABS Investment Management LLC bought a new position in Qualcomm in the 2nd quarter valued at approximately $34,000. Institutional investors own 74.35% of the company's stock.
Insiders Place Their Bets
In other news, EVP Akash J. Palkhiwala sold 2,500 shares of Qualcomm stock in a transaction on Wednesday, August 12th. The shares were sold at an average price of $163.26, for a total value of $408,150.00. Following the completion of the sale, the executive vice president owned 20,684 shares in the company, valued at $3,376,869.84. The trade was a 10.78% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available 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 business's stock in a transaction on Monday, August 3rd. The shares were sold at an average price of $147.04, for a total transaction of $470,528.00. Following the transaction, the executive vice president owned 36,535 shares in the company, valued at $5,372,106.40. The trade was a 8.05% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders sold 11,533 shares of company stock worth $1,961,219. 0.05% of the stock is owned by corporate insiders.
Qualcomm Price Performance
Shares of NASDAQ QCOM opened at $168.74 on Monday. Qualcomm Incorporated has a twelve month low of $121.99 and a twelve month high of $259.92. The firm has a fifty day simple moving average of $169.05 and a 200 day simple moving average of $169.86. The company has a market capitalization of $177.22 billion, a PE ratio of 19.53, a P/E/G ratio of 3.52 and a beta of 1.68. The company has a quick ratio of 1.28, a current ratio of 2.02 and a debt-to-equity ratio of 0.46.
Qualcomm (NASDAQ:QCOM - Get Free Report) last issued its quarterly earnings results on Wednesday, July 29th. The wireless technology company reported $2.21 EPS for the quarter, missing analysts' consensus estimates of $2.23 by ($0.02). Qualcomm had a net margin of 21.01% and a return on equity of 38.36%. The firm had revenue of $9.95 billion for the quarter, compared to the consensus estimate of $9.69 billion. During the same period last year, the company posted $2.77 EPS. The business's revenue was down 4.0% compared to the same quarter last year. Qualcomm has set its Q4 2026 guidance at 2.050-2.250 EPS. On average, sell-side analysts forecast that Qualcomm Incorporated will post 7.74 EPS for the current year.
Qualcomm Announces Dividend
The firm also recently announced a quarterly dividend, which will be paid on Thursday, September 24th. Investors of record on Thursday, September 3rd will be paid a dividend of $0.92 per share. The ex-dividend date of this dividend is Thursday, September 3rd. This represents a $3.68 annualized dividend and a yield of 2.2%. Qualcomm's dividend payout ratio (DPR) is currently 42.59%.
Analyst Upgrades and Downgrades
QCOM has been the topic of a number of research reports. UBS Group reduced their target price on shares of Qualcomm from $190.00 to $170.00 and set a "neutral" rating on the stock in a report on Thursday, July 30th. Robert W. Baird set a $400.00 price target on shares of Qualcomm in a research note on Thursday, July 30th. HSBC reiterated a "hold" rating on shares of Qualcomm in a report on Wednesday, July 15th. Rosenblatt Securities reduced their price objective on shares of Qualcomm from $265.00 to $235.00 and set a "buy" rating on the stock in a research note on Thursday, July 30th. Finally, Cantor Fitzgerald decreased their price objective on Qualcomm from $200.00 to $165.00 and set a "neutral" rating for the company in a report on Monday, July 27th. Two analysts have rated the stock with a Strong Buy rating, thirteen have issued a Buy rating, twenty have given a Hold rating and two have given a Sell rating to the company's stock. According to data from MarketBeat.com, the stock presently has an average rating of "Hold" and an average target price of $203.76.
Check Out Our Latest Stock Analysis on Qualcomm
More Qualcomm News
Here are the key news stories impacting Qualcomm this week:
- Positive Sentiment: Qualcomm is backing a $70 million funding round for Ultrahuman, supporting development of smart rings powered by Qualcomm chips. The devices are expected to run on-device AI, software and gesture-control functions, expanding Qualcomm’s reach beyond smartphones into advanced wearables. Why Is Qualcomm Backing a $70 Million Bet on Smart Rings?
- Positive Sentiment: Qualcomm raised its quarterly dividend by 3.4% to $0.92 per share, representing roughly $983 million in shareholder distributions and reinforcing its appeal to income-focused investors. Qualcomm Raises Quarterly Dividend
- Positive Sentiment: One Wall Street analyst sees substantial upside after Qualcomm’s steep three-month decline, while other valuation commentary describes the stock as inexpensive on earnings-based measures. The bullish case centers on growth in automotive, AI, data centers and edge computing. Qualcomm Analyst Sees 140% Upside
- Neutral Sentiment: Qualcomm benefited modestly from a broader rebound in beaten-down AI semiconductor stocks, although the move was less pronounced than in some peers such as Marvell. Marvell Rises as AI Silicon Rebounds
- Negative Sentiment: Recent analysis warns that Qualcomm’s long-term AI and automotive ambitions must overcome a near-term smartphone reality check, including potential pressure from Apple’s modem transition. Japan robotics investments offer diversification but could weigh on margins while estimates remain under pressure. Qualcomm Japan Robotics and Edge AI Analysis
- Negative Sentiment: Reports of insider selling recently pressured sentiment, highlighting investor caution after Qualcomm’s extended decline and amid uncertainty over its earnings outlook. Qualcomm Trading Down After Insider Selling
Qualcomm Company Profile
(
Free Report)
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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