AssuredPartners Investment Advisors LLC Buys 3,599 Shares of Qualcomm Incorporated $QCOM

Key Points

• AssuredPartners Investment Advisors LLC boosted its stake in Qualcomm by 139.4% in Q4, buying 3,599 shares to hold 6,181 shares worth about $1.06 million.
• Qualcomm posted a Q2 EPS beat ($2.65 vs. $2.56), reported record automotive and IoT revenue and a hyperscaler AI silicon win, and its board approved a $20 billion buyback while raising the quarterly dividend to $0.92.
• Despite these positives, revenue was down 3.5% year‑over‑year with persistent handset weakness, insiders sold roughly 22,510 shares (~$3.64M) recently, and analysts' consensus remains a "Hold" with a $172.40 price target.

AssuredPartners Investment Advisors LLC grew its stake in shares of Qualcomm Incorporated (NASDAQ:QCOM - Free Report) by 139.4% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 6,181 shares of the wireless technology company's stock after acquiring an additional 3,599 shares during the period. AssuredPartners Investment Advisors LLC's holdings in Qualcomm were worth $1,057,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Cloud Capital Management LLC purchased a new stake in shares of Qualcomm during the third quarter worth $27,000. Richardson Financial Services Inc. lifted its position in shares of Qualcomm by 90.9% during the fourth quarter. Richardson Financial Services Inc. now owns 168 shares of the wireless technology company's stock worth $29,000 after acquiring an additional 80 shares in the last quarter. Torren Management LLC purchased a new stake in shares of Qualcomm during the fourth quarter worth $29,000. Glass Jacobson Investment Advisors llc lifted its position in shares of Qualcomm by 113.5% during the fourth quarter. Glass Jacobson Investment Advisors llc now owns 190 shares of the wireless technology company's stock worth $32,000 after acquiring an additional 101 shares in the last quarter. Finally, Board of the Pension Protection Fund purchased a new stake in shares of Qualcomm during the fourth quarter worth $34,000. Hedge funds and other institutional investors own 74.35% of the company's stock.

Trending Headlines about Qualcomm

Here are the key news stories impacting Qualcomm this week:

• Positive Sentiment: Big catalyst — Qualcomm reported a Q2 EPS beat and highlighted record automotive and IoT revenue while announcing it will ship custom AI silicon to a major hyperscaler; investors see this shifting the mix toward higher‑value AI/data‑center work. QUALCOMM (QCOM) Is Up 12.1% After Hyperscaler AI Win And $20 Billion Buyback Announcement - Has The Bull Case Changed?
• Positive Sentiment: Q2 fundamentals: EPS topped estimates and automotive revenue hit a record, helping offset handset weakness — a near‑term proof point supporting the re‑rating and higher analyst interest. A Look At Qualcomm (QCOM) Valuation After Strong Q2 Results And AI Focused Expansion
• Positive Sentiment: Capital return boost — Board approved a $20B buyback program and raised the quarterly dividend; buybacks and higher yield are pro‑share‑price actions that reinforce the bullish thesis. QUALCOMM (QCOM) Is Up 12.1% After Hyperscaler AI Win And $20 Billion Buyback Announcement - Has The Bull Case Changed?
• Neutral Sentiment: Analyst landscape is mixed — some firms raised targets or reiterated buys (Rosenblatt, Susquehanna) while others remain neutral/underperform; consensus remains around a “hold” average, so upside depends on execution. MarketBeat analyst roundup on QCOM
• Neutral Sentiment: Zacks moved the stock from “strong sell” to “hold,” reflecting reduced near‑term pessimism but not a full conviction upgrade. Zacks Research
• Negative Sentiment: Near‑term risk — handset revenue remains weak and overall quarterly revenue was slightly down year‑over‑year; several bearish pieces caution that AI hype may not immediately offset phone‑cycle sensitivity. Should QCOM Stock Be Part of Your Portfolio Post Modest Q2 Earnings?
• Negative Sentiment: Insider sales by senior executives (CEO and EVP) were disclosed; while some were under Rule 10b5‑1 plans, such filings can add short‑term selling pressure and headline risk. Amon SEC filing

Insider Transactions at Qualcomm

In other news, CAO Patricia Y. Grech sold 192 shares of the firm's stock in a transaction dated Thursday, April 30th. The stock was sold at an average price of $172.00, for a total transaction of $33,024.00. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Akash J. Palkhiwala sold 2,500 shares of the firm's stock in a transaction dated Monday, April 13th. The shares were sold at an average price of $130.34, for a total value of $325,850.00. Following the transaction, the executive vice president directly owned 30,684 shares in the company, valued at $3,999,352.56. This trade represents a 7.53% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 22,510 shares of company stock worth $3,635,753 in the last three months. Corporate insiders own 0.05% of the company's stock.

Analyst Upgrades and Downgrades

Several research firms have recently weighed in on QCOM. Wells Fargo & Company upped their price target on shares of Qualcomm from $150.00 to $160.00 and gave the stock an "equal weight" rating in a report on Thursday, April 30th. BNP Paribas Exane cut shares of Qualcomm to a "neutral" rating in a report on Wednesday, April 29th. Weiss Ratings reaffirmed a "hold (c)" rating on shares of Qualcomm in a report on Friday, March 27th. Mizuho decreased their price target on shares of Qualcomm from $160.00 to $140.00 and set a "neutral" rating on the stock in a report on Thursday, February 5th. Finally, Benchmark upped their price target on shares of Qualcomm from $200.00 to $225.00 and gave the stock a "buy" rating in a report on Thursday, April 30th. One equities research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating, sixteen have assigned a Hold rating and three have issued a Sell rating to the company. According to MarketBeat.com, the stock has an average rating of "Hold" and a consensus price target of $172.40.

Qualcomm Stock Up 3.2%

Shares of QCOM opened at $192.61 on Thursday. The firm has a market cap of $203.01 billion, a P/E ratio of 20.94, a P/E/G ratio of 23.02 and a beta of 1.49. The stock has a 50 day simple moving average of $137.61 and a two-hundred day simple moving average of $155.61. The company has a debt-to-equity ratio of 0.54, a current ratio of 2.37 and a quick ratio of 1.61. Qualcomm Incorporated has a 1 year low of $121.99 and a 1 year high of $205.95.

Qualcomm (NASDAQ:QCOM - Get Free Report) last issued its earnings results on Wednesday, April 29th. The wireless technology company reported $2.65 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.56 by $0.09. The business had revenue of $10.60 billion during the quarter, compared to analyst estimates of $10.59 billion. Qualcomm had a return on equity of 42.11% and a net margin of 22.31%.Qualcomm's revenue for the quarter was down 3.5% on a year-over-year basis. During the same quarter in the prior year, the firm earned $2.85 earnings per share. Qualcomm has set its Q3 2026 guidance at 2.100-2.300 EPS. On average, analysts forecast that Qualcomm Incorporated will post 8.02 earnings per share for the current fiscal year.

Qualcomm declared that its Board of Directors has initiated a share buyback plan 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 repurchase up to 14.5% of its shares through open market purchases. Shares buyback plans are usually a sign that the company's management believes its shares are undervalued.

Qualcomm Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, June 25th. Shareholders of record on Thursday, June 4th will be paid a $0.92 dividend. This is an increase from Qualcomm's previous quarterly dividend of $0.89. This represents a $3.68 annualized dividend and a yield of 1.9%. The ex-dividend date of this dividend is Thursday, June 4th. Qualcomm's payout ratio is currently 40.00%.

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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