COFG Advisors LLC Takes Position in Qualcomm Incorporated $QCOM

Key Points

• COFG Advisors LLC opened a new position in Qualcomm during the fourth quarter, buying 2,741 shares worth about $469,000.
• Institutional ownership remains heavy, with several other firms increasing their Qualcomm stakes and 74.35% of the stock now held by institutional investors.
• Qualcomm’s board boosted its quarterly dividend to $0.92 per share and maintained a $20 billion share repurchase authorization, while analysts currently have a mixed but mostly neutral outlook with an average rating of Hold.

COFG Advisors LLC purchased a new stake in Qualcomm Incorporated (NASDAQ:QCOM - Free Report) during the fourth quarter, according to its most recent 13F filing with the SEC. The firm purchased 2,741 shares of the wireless technology company's stock, valued at approximately $469,000.

Other institutional investors have also modified their holdings of the company. Brighton Jones LLC increased its holdings in shares of Qualcomm by 116.6% during the 4th quarter. Brighton Jones LLC now owns 17,356 shares of the wireless technology company's stock valued at $2,666,000 after purchasing an additional 9,343 shares in the last quarter. Revolve Wealth Partners LLC increased its holdings in shares of Qualcomm by 15.4% during the 4th quarter. Revolve Wealth Partners LLC now owns 2,542 shares of the wireless technology company's stock valued at $391,000 after purchasing an additional 340 shares in the last quarter. Sivia Capital Partners LLC increased its holdings in shares of Qualcomm by 44.3% during the 2nd quarter. Sivia Capital Partners LLC now owns 3,325 shares of the wireless technology company's stock valued at $530,000 after purchasing an additional 1,020 shares in the last quarter. Main Street Financial Solutions LLC increased its holdings in shares of Qualcomm by 6.1% during the 2nd quarter. Main Street Financial Solutions LLC now owns 5,778 shares of the wireless technology company's stock valued at $920,000 after purchasing an additional 333 shares in the last quarter. Finally, Transamerica Financial Advisors LLC increased its holdings in shares of Qualcomm by 9.7% during the 2nd quarter. Transamerica Financial Advisors LLC now owns 6,800 shares of the wireless technology company's stock valued at $1,083,000 after purchasing an additional 603 shares in the last quarter. 74.35% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several brokerages have issued reports on QCOM. Benchmark lifted their target price on shares of Qualcomm from $200.00 to $225.00 and gave the stock a "buy" rating in a research note on Thursday, April 30th. Tigress Financial lifted their target price on shares of Qualcomm from $270.00 to $280.00 and gave the stock a "buy" rating in a research note on Friday, May 8th. Loop Capital raised shares of Qualcomm from a "hold" rating to a "buy" rating and set a $185.00 target price on the stock in a research note on Tuesday, February 24th. Rosenblatt Securities reaffirmed a "buy" rating and set a $190.00 target price on shares of Qualcomm in a research note on Thursday, April 30th. Finally, Mizuho lowered their target price on shares of Qualcomm from $160.00 to $140.00 and set a "neutral" rating on the stock in a research note on Thursday, February 5th. Fourteen analysts have rated the stock with a Buy rating, sixteen have given a Hold rating and four have issued a Sell rating to the stock. According to data from MarketBeat, Qualcomm presently has an average rating of "Hold" and an average target price of $181.79.

Insider Transactions at Qualcomm

In related news, CEO Cristiano R. Amon sold 10,000 shares of the stock in a transaction on Monday, May 4th. The stock was sold at an average price of $180.00, for a total transaction of $1,800,000.00. Following the sale, the chief executive officer owned 197,568 shares of the company's stock, valued at $35,562,240. This trade represents a 4.82% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CAO Patricia Y. Grech sold 829 shares of the firm's stock in a transaction dated Thursday, May 21st. The stock was sold at an average price of $201.77, for a total value of $167,267.33. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders have sold 19,306 shares of company stock worth $3,435,583. Corporate insiders own 0.05% of the company's stock.

Qualcomm Stock Down 8.8%

QCOM stock opened at $228.99 on Tuesday. The company's 50 day moving average price is $168.02 and its 200 day moving average price is $161.56. The company has a debt-to-equity ratio of 0.54, a quick ratio of 1.61 and a current ratio of 2.37. Qualcomm Incorporated has a fifty-two week low of $121.99 and a fifty-two week high of $259.92. The firm has a market capitalization of $241.36 billion, a price-to-earnings ratio of 24.89, a PEG ratio of 31.09 and a beta of 1.59.

Qualcomm (NASDAQ:QCOM - Get Free Report) last released its earnings results on Wednesday, April 29th. The wireless technology company reported $2.65 earnings per share for the quarter, topping analysts' consensus estimates of $2.56 by $0.09. The firm had revenue of $10.60 billion for the quarter, compared to analyst estimates of $10.59 billion. Qualcomm had a net margin of 22.31% and a return on equity of 42.11%. The business's quarterly revenue was down 3.5% compared to the same quarter last year. During the same period 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, equities research analysts anticipate that Qualcomm Incorporated will post 7.99 EPS for the current fiscal year.

Qualcomm Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, June 25th. Stockholders of record on Thursday, June 4th will be given a $0.92 dividend. This is an increase from Qualcomm's previous quarterly dividend of $0.89. This represents a $3.68 dividend on an annualized basis and a dividend yield of 1.6%. The ex-dividend date is Thursday, June 4th. Qualcomm's dividend payout ratio (DPR) is 38.70%.

Qualcomm declared that its board has authorized a stock repurchase plan on Tuesday, March 17th that permits the company to repurchase $20.00 billion in outstanding shares. This repurchase authorization permits the wireless technology company to repurchase up to 14.5% of its shares through open market purchases. Shares repurchase plans are often a sign that the company's board of directors believes its stock is undervalued.

Trending Headlines about Qualcomm

Here are the key news stories impacting Qualcomm this week:

• Positive Sentiment: Qualcomm’s CEO sounded optimistic about long-term AI demand, saying AI token usage could surge dramatically by 2030, reinforcing the company’s AI growth narrative. Qualcomm CEO Cristiano Amon sees 40x AI token surge by 2030: COMPUTEX 2026 takeaway
• Positive Sentiment: Qualcomm’s new Snapdragon C Platform could support growth in low-cost AI PCs, with battery life and OEM partnerships potentially helping it gain traction in entry-level laptops. Can Qualcomm's Entry-Level Snapdragon PC Chip Drive Growth?
• Positive Sentiment: Some coverage frames Qualcomm’s recent decline as a possible buying opportunity, citing its increased participation in the AI race as a potential long-term catalyst. Qualcomm Stock’s 60% Moment: Is This a Generational Entry Point or a Value Trap?

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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