Asset Management One Co. Ltd. Makes New $1.58 Million Investment in Qorvo, Inc. $QRVO

Key Points

• Asset Management One acquired a new position of 18,475 Qorvo shares valued at approximately $1.58 million in the fourth quarter, according to its 13F filing.
• Several other institutions also added or boosted stakes—JPMorgan increased holdings by 58.7% and Jain Global by 71.6%—leaving hedge funds and institutional investors with about 88.57% of the stock.
• Analysts carry a consensus "Hold" rating with a $93.94 average price target, while Qorvo recently beat quarterly estimates (EPS $2.17 vs. $1.93; revenue $993M) and set Q4 2026 guidance of 1.050–1.350 EPS.

Asset Management One Co. Ltd. acquired a new position in shares of Qorvo, Inc. (NASDAQ:QRVO - Free Report) in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor acquired 18,475 shares of the semiconductor company's stock, valued at approximately $1,579,000.

A number of other large investors also recently bought and sold shares of the company. Lecap Asset Management Ltd. purchased a new position in shares of Qorvo in the 3rd quarter valued at about $2,689,000. Optimize Financial Inc purchased a new position in shares of Qorvo in the 3rd quarter valued at about $1,349,000. JPMorgan Chase & Co. increased its holdings in shares of Qorvo by 58.7% in the 3rd quarter. JPMorgan Chase & Co. now owns 313,156 shares of the semiconductor company's stock valued at $28,522,000 after purchasing an additional 115,890 shares in the last quarter. Jain Global LLC increased its holdings in shares of Qorvo by 71.6% in the 3rd quarter. Jain Global LLC now owns 277,219 shares of the semiconductor company's stock valued at $25,249,000 after purchasing an additional 115,640 shares in the last quarter. Finally, Seizert Capital Partners LLC purchased a new position in shares of Qorvo in the 3rd quarter valued at about $2,092,000. Hedge funds and other institutional investors own 88.57% of the company's stock.

Wall Street Analyst Weigh In

A number of equities analysts have recently issued reports on QRVO shares. Citigroup cut their price target on shares of Qorvo from $105.00 to $90.00 and set a "neutral" rating for the company in a report on Wednesday, January 28th. Stifel Nicolaus dropped their target price on shares of Qorvo from $88.00 to $85.00 and set a "hold" rating for the company in a report on Wednesday, January 28th. Weiss Ratings upgraded shares of Qorvo from a "sell (d+)" rating to a "hold (c)" rating in a report on Thursday, January 29th. UBS Group dropped their target price on shares of Qorvo from $108.00 to $87.00 and set a "neutral" rating for the company in a report on Tuesday, January 20th. Finally, Barclays upgraded shares of Qorvo from an "equal weight" rating to an "overweight" rating and raised their target price for the company from $95.00 to $100.00 in a report on Wednesday. Three research analysts have rated the stock with a Buy rating, seventeen have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the company currently has a consensus rating of "Hold" and a consensus price target of $93.94.

Qorvo Price Performance

Qorvo stock opened at $84.65 on Friday. Qorvo, Inc. has a 12-month low of $60.92 and a 12-month high of $106.30. The stock has a market capitalization of $7.85 billion, a P/E ratio of 23.32, a P/E/G ratio of 1.34 and a beta of 1.34. The firm's 50-day moving average is $80.34 and its two-hundred day moving average is $84.01. The company has a debt-to-equity ratio of 0.42, a current ratio of 3.67 and a quick ratio of 2.89.

Qorvo (NASDAQ:QRVO - Get Free Report) last released its quarterly earnings results on Tuesday, January 27th. The semiconductor company reported $2.17 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.93 by $0.24. Qorvo had a net margin of 9.11% and a return on equity of 14.57%. The company had revenue of $993.00 million for the quarter, compared to analysts' expectations of $984.10 million. During the same period last year, the company earned $1.61 EPS. The firm's revenue for the quarter was up 8.4% compared to the same quarter last year. Qorvo has set its Q4 2026 guidance at 1.050-1.350 EPS. Equities analysts predict that Qorvo, Inc. will post 5.29 earnings per share for the current year.

Qorvo Company Profile

Qorvo, Inc is a leading provider of advanced radio-frequency (RF), analog and mixed-signal semiconductor solutions. The company designs, develops and manufactures a broad portfolio of components and modules that enable wireless and wired connectivity across mobile devices, network infrastructure, defense systems and Internet of Things (IoT) applications.

Qorvo's product offerings include RF filters, power amplifiers, switches, integrated front-end modules and other custom mixed-signal devices.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.