CORDA Investment Management LLC. Buys 4,217 Shares of Qualcomm Incorporated $QCOM

Key Points

• CORDA Investment Management raised its stake in Qualcomm by 17.2% in Q4, buying an additional 4,217 shares to hold 28,681 shares worth about $4.91 million.
• Qualcomm's board authorized a $20 billion share buyback (up to 14.5% of shares) and increased the quarterly dividend to $0.92 (annualized $3.68, ~1.8% yield).
• Qualcomm beat Q1 EPS estimates ($2.65 vs. $2.56) despite revenue down 3.5% year‑over‑year; management set Q3 2026 EPS guidance of 2.10–2.30 and analysts forecast about 8.02 EPS for the year.

CORDA Investment Management LLC. raised its stake in shares of Qualcomm Incorporated (NASDAQ:QCOM - Free Report) by 17.2% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 28,681 shares of the wireless technology company's stock after acquiring an additional 4,217 shares during the period. CORDA Investment Management LLC.'s holdings in Qualcomm were worth $4,906,000 as of its most recent SEC filing.

Other large investors have also bought and sold shares of the company. Cloud Capital Management LLC bought a new position in Qualcomm during the 3rd quarter valued at $27,000. Richardson Financial Services Inc. raised its stake in shares of Qualcomm by 90.9% during the 4th quarter. Richardson Financial Services Inc. now owns 168 shares of the wireless technology company's stock worth $29,000 after purchasing an additional 80 shares during the period. Torren Management LLC bought a new stake in shares of Qualcomm during the 4th quarter worth $29,000. Glass Jacobson Investment Advisors llc raised its stake in shares of Qualcomm by 113.5% during the 4th quarter. Glass Jacobson Investment Advisors llc now owns 190 shares of the wireless technology company's stock worth $32,000 after purchasing an additional 101 shares during the period. Finally, Board of the Pension Protection Fund bought a new stake in shares of Qualcomm during the 4th quarter worth $34,000. 74.35% of the stock is currently owned by institutional investors.

Qualcomm Trading Up 5.3%

Shares of QCOM opened at $202.75 on Friday. The business has a 50-day moving average of $138.77 and a 200 day moving average of $155.88. Qualcomm Incorporated has a fifty-two week low of $121.99 and a fifty-two week high of $223.66. The firm has a market cap of $213.70 billion, a P/E ratio of 22.04, a price-to-earnings-growth ratio of 23.76 and a beta of 1.49. 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 (NASDAQ:QCOM - Get Free Report) last announced its quarterly earnings data on Wednesday, April 29th. The wireless technology company reported $2.65 earnings per share for the quarter, topping the consensus estimate of $2.56 by $0.09. Qualcomm had a return on equity of 42.11% and a net margin of 22.31%.The company had revenue of $10.60 billion during the quarter, compared to analyst estimates of $10.59 billion. During the same quarter last year, the firm posted $2.85 EPS. The firm's revenue for the quarter was down 3.5% on a year-over-year basis. Qualcomm has set its Q3 2026 guidance at 2.100-2.300 EPS. As a group, research analysts forecast that Qualcomm Incorporated will post 8.02 EPS for the current year.

Qualcomm Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, June 25th. Investors of record on Thursday, June 4th will be issued a $0.92 dividend. This is an increase from Qualcomm's previous quarterly dividend of $0.89. The ex-dividend date of this dividend is Thursday, June 4th. This represents a $3.68 annualized dividend and a yield of 1.8%. Qualcomm's payout ratio is 38.70%.

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

Analyst Ratings Changes

QCOM has been the topic of a number of recent analyst reports. Sanford C. Bernstein reiterated a "market perform" rating and set a $140.00 target price (down from $175.00) on shares of Qualcomm in a research note on Thursday, March 26th. Mizuho lowered their target price on Qualcomm from $160.00 to $140.00 and set a "neutral" rating on the stock in a research note on Thursday, February 5th. Wells Fargo & Company lifted their target price on Qualcomm from $150.00 to $160.00 and gave the stock an "equal weight" rating in a research note on Thursday, April 30th. DZ Bank upgraded Qualcomm to a "strong-buy" rating in a research note on Tuesday, February 10th. Finally, Cantor Fitzgerald lifted their target price on Qualcomm from $135.00 to $150.00 and gave the stock a "neutral" rating in a research note on Thursday, April 30th. One investment 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 assigned a Sell rating to the company. Based on data from MarketBeat, the company currently has an average rating of "Hold" and a consensus price target of $172.40.

Insider Transactions at Qualcomm

In related news, EVP Akash J. Palkhiwala sold 2,500 shares of Qualcomm stock in a transaction dated Monday, April 13th. The stock was sold at an average price of $130.34, for a total value of $325,850.00. Following the completion of the sale, the executive vice president 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. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CAO Patricia Y. Grech sold 192 shares of Qualcomm stock in a transaction dated Thursday, April 30th. The stock was sold at an average price of $172.00, for a total value of $33,024.00. 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 quarter, insiders sold 19,177 shares of company stock worth $3,176,966. Insiders own 0.05% of the company's stock.

Key Qualcomm News

Here are the key news stories impacting Qualcomm this week:

• Positive Sentiment: QCOM’s recent quarterly beat, record automotive revenue and expanding AI focus (including custom silicon for hyperscalers) have re‑rated the stock and underlie investor optimism. Read More.
• Positive Sentiment: Management authorized a fresh $20 billion buyback and the company confirmed partnerships (eg. Snap AR) that support a pivot beyond smartphones — directly cited as a driver of intraday gains. Read More.
• Positive Sentiment: Broader market AI flows and an “AI momentum” trade lifted QCOM shares as investors price in Qualcomm’s role supplying lower‑cost AI silicon and modem/AI combos. Read More.
• Neutral Sentiment: Product expansion: new midrange chips adding Wi‑Fi 7 and gaming improvements broaden TAM at lower price points — supportive for long‑term growth but less immediately market‑moving than the buyback/AI news. Read More.
• Negative Sentiment: Supply headwinds: memory‑related constraints were noted in a Q1 review and remain a potential drag on handset/component revenue near term. Read More.
• Negative Sentiment: Technical/valuation caution: the stock’s rapid rally has hit record‑high resistance, which could prompt profit‑taking or consolidation after the sharp run. Read More.
• Negative Sentiment: Competitive risk: commentary that Apple dominated 2026 procurement highlights ongoing concentration/competitive dynamics in the chip market that could limit upside in certain product cycles. Read More.

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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