Anchyra Partners LLC Takes Position in Qualcomm Incorporated $QCOM

Key Points

• Anchyra Partners LLC opened a new position in Qualcomm, acquiring 4,014 shares in the fourth quarter valued at about $687,000.
• Qualcomm beat quarterly EPS estimates ($3.50 vs. $3.38), set Q2 2026 guidance of $2.45–$2.65, raised its quarterly dividend to $0.92, and approved a $20 billion share buyback (up to 14.5% of outstanding shares).
• Market sentiment is mixed: heavy call-option buying and an AI-at-the-edge narrative support upside, but analyst downgrades, handset-demand and valuation concerns leave a consensus "Hold" rating with an average target of $158.25.

Anchyra Partners LLC acquired a new position in Qualcomm Incorporated (NASDAQ:QCOM - Free Report) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 4,014 shares of the wireless technology company's stock, valued at approximately $687,000.

A number of other institutional investors and hedge funds have also bought and sold shares of the company. Aprio Wealth Management LLC lifted its holdings in shares of Qualcomm by 7.4% in the 4th quarter. Aprio Wealth Management LLC now owns 6,048 shares of the wireless technology company's stock worth $1,035,000 after buying an additional 416 shares during the period. D.A. Davidson & CO. increased its stake in shares of Qualcomm by 2.4% during the fourth quarter. D.A. Davidson & CO. now owns 457,367 shares of the wireless technology company's stock valued at $78,233,000 after buying an additional 10,697 shares during the period. S.A. Mason LLC raised its holdings in shares of Qualcomm by 5.9% in the fourth quarter. S.A. Mason LLC now owns 1,192 shares of the wireless technology company's stock valued at $204,000 after acquiring an additional 66 shares in the last quarter. Camelot Portfolios LLC bought a new stake in shares of Qualcomm in the fourth quarter valued at about $158,000. Finally, State of Michigan Retirement System lifted its stake in Qualcomm by 0.6% in the fourth quarter. State of Michigan Retirement System now owns 335,366 shares of the wireless technology company's stock worth $57,364,000 after acquiring an additional 1,900 shares during the period. 74.35% of the stock is owned by institutional investors.

More Qualcomm News

Here are the key news stories impacting Qualcomm this week:

• Positive Sentiment: Semiconductor sector rally lifted shares as the chip complex caught fire, driving a sharp intraday move higher. Qualcomm Stock Jumps 11% – Here's Why It's Still Down 13% in 2026
• Positive Sentiment: Unusually large options activity: roughly 120,444 call contracts were bought (about 165% above average), indicating strong bullish positioning that can amplify upside and intraday volume.
• Positive Sentiment: AI narrative supports longer-term upside: Qualcomm is highlighted as an “AI-at-the-edge” name that could benefit from AI-driven demand beyond smartphones. QUALCOMM Incorporated (QCOM): One of the AI Stocks That Could Break Trillion Dollar Barrier
• Neutral Sentiment: Barclays began coverage / issued a new rating — a headline catalyst that can move sentiment but whose net impact depends on the specifics of the view and any price target. Barclays Begins Coverage on Qualcomm NASDAQ: QCOM
• Neutral Sentiment: Analysts and investors are focused on key Q2 metrics and guidance ahead of the quarter-end/earnings window; Zacks summarizes what Wall Street is watching for in the upcoming report. Wall Street's Insights Into Key Metrics Ahead of Qualcomm (QCOM) Q2 Earnings
• Negative Sentiment: Analyst downgrades and valuation concerns persist: recent notes highlighted weak smartphone demand, rising memory costs, and limited near-term catalysts for the handset business — factors that have pressured the stock YTD. A Look At Qualcomm (QCOM) Valuation As Analyst Downgrades Highlight Handset Weakness And Limited Near Term Catalysts
• Negative Sentiment: Peer comparison: some coverage contrasts Qualcomm with mobile-chip peers (e.g., Cirrus Logic), noting supply constraints and demand headwinds that could weigh on share gains if handset cycles remain weak. Cirrus Logic vs. Qualcomm: Which Mobile Chip Stock is the Better Buy?

Qualcomm Price Performance

QCOM stock opened at $148.85 on Monday. The stock has a market capitalization of $158.82 billion, a PE ratio of 30.75 and a beta of 1.28. Qualcomm Incorporated has a 52 week low of $121.99 and a 52 week high of $205.95. The company has a quick ratio of 1.83, a current ratio of 2.51 and a debt-to-equity ratio of 0.64. The firm has a 50 day moving average of $134.33 and a 200 day moving average of $155.29.

Qualcomm (NASDAQ:QCOM - Get Free Report) last posted its quarterly earnings results on Wednesday, February 4th. The wireless technology company reported $3.50 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $3.38 by $0.12. Qualcomm had a net margin of 11.96% and a return on equity of 44.09%. The business had revenue of $12.25 billion during the quarter, compared to analysts' expectations of $12.16 billion. During the same quarter last year, the company posted $3.41 earnings per share. The business'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. Sell-side analysts forecast that Qualcomm Incorporated will post 8.21 earnings per share for the current year.

Qualcomm Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, June 25th. Stockholders of record on Thursday, June 4th will be paid a $0.92 dividend. The ex-dividend date is Thursday, June 4th. This is a positive change from Qualcomm's previous quarterly dividend of $0.89. This represents a $3.68 annualized dividend and a dividend yield of 2.5%. Qualcomm's dividend payout ratio (DPR) is 73.55%.

Qualcomm announced that its board has approved a stock repurchase program on Tuesday, March 17th that authorizes the company to buyback $20.00 billion in outstanding shares. This buyback authorization authorizes the wireless technology company to purchase up to 14.5% of its shares through open market purchases. Shares buyback programs are usually an indication that the company's leadership believes its shares are undervalued.

Analysts Set New Price Targets

QCOM has been the subject of several research reports. Morgan Stanley started coverage on shares of Qualcomm in a research report on Tuesday, February 10th. They issued an "underweight" rating and a $132.00 price target for the company. Argus reduced their price target on Qualcomm from $205.00 to $180.00 and set a "buy" rating for the company in a research report on Friday, February 6th. Barclays started coverage on Qualcomm in a research note on Wednesday, April 22nd. They issued an "underweight" rating and a $130.00 target price on the stock. Sanford C. Bernstein restated a "market perform" rating and issued a $140.00 price target (down from $175.00) on shares of Qualcomm in a report on Thursday, March 26th. Finally, DZ Bank raised shares of Qualcomm to a "strong-buy" rating in a research report on Tuesday, February 10th. One analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating, thirteen have given a Hold rating and four have issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and an average target price of $158.25.

Insider Buying and Selling

In other news, EVP Heather S. Ace sold 3,200 shares of the stock in a transaction 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 sale, the executive vice president owned 16,393 shares in the company, valued at $2,245,841. This represents a 16.33% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Akash J. Palkhiwala sold 2,500 shares of the firm's stock in a transaction on Monday, April 13th. The stock was sold at an average price of $130.34, for a total transaction of $325,850.00. Following the transaction, the executive vice president directly owned 30,684 shares of the company's stock, valued at approximately $3,999,352.56. This trade represents a 7.53% 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. In the last quarter, insiders sold 9,118 shares of company stock worth $1,233,705. 0.05% of the stock is owned by insiders.

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.

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