Corient Private Wealth LP Sells 24,122 Shares of Qualcomm Incorporated $QCOM

Key Points

• Corient Private Wealth cut its Qualcomm position by 3.8%, selling 24,122 shares and retaining 617,166 shares valued at approximately $114 million. Institutional investors collectively own 74.35% of QCOM.
• Analyst sentiment remains mixed, with a consensus rating of “Hold” and an average price target of $204.10. Qualcomm shares recently opened at $181.97, while the stock has traded between $121.99 and $259.92 over the past year.
• Qualcomm’s growth outlook depends on diversification into automotive, IoT and data-center chips—including its new AWS custom-silicon partnership—while weaker recent results and Apple’s continued modem development pose risks. The company also declared a quarterly dividend of $0.92 per share, representing a 2.0% annualized yield.

Corient Private Wealth LP reduced its position in Qualcomm Incorporated (NASDAQ:QCOM - Free Report) by 3.8% in the 2nd quarter, according to its most recent filing with the SEC. The fund owned 617,166 shares of the wireless technology company's stock after selling 24,122 shares during the period. Corient Private Wealth LP owned about 0.06% of Qualcomm worth $114,046,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also bought and sold shares of QCOM. Caitong International Asset Management Co. Ltd boosted its stake in shares of Qualcomm by 17,000.0% during the 4th quarter. Caitong International Asset Management Co. Ltd now owns 171 shares of the wireless technology company's stock worth $29,000 after acquiring an additional 170 shares during the period. Birchwood Financial Partners Inc. acquired a new position in shares of Qualcomm during the 4th quarter worth approximately $31,000. ABS Investment Management LLC bought a new stake in Qualcomm in the 2nd quarter valued at $34,000. Commonwealth Retirement Investments LLC bought a new stake in Qualcomm in the 4th quarter valued at $32,000. Finally, Your Advocates Ltd. LLP acquired a new stake in Qualcomm during the 1st quarter valued at $26,000. Institutional investors own 74.35% of the company's stock.

Wall Street Analyst Weigh In

QCOM has been the subject of a number of research analyst reports. Rosenblatt Securities reaffirmed a "buy" rating and set a $235.00 price objective on shares of Qualcomm in a research report on Wednesday. KeyCorp restated a "sector weight" rating on shares of Qualcomm in a research note on Wednesday. Wells Fargo & Company cut their target price on shares of Qualcomm from $265.00 to $170.00 and set an "equal weight" rating for the company in a research note on Thursday, July 30th. Oppenheimer set a $200.00 target price on shares of Qualcomm in a report on Monday, July 27th. Finally, JPMorgan Chase & Co. upped their price target on shares of Qualcomm from $160.00 to $265.00 and gave the company a "neutral" rating in a research note on Friday, June 5th. Two research analysts have rated the stock with a Strong Buy rating, twelve have given a Buy rating, twenty-two have issued a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat.com, Qualcomm has an average rating of "Hold" and a consensus target price of $204.10.

Qualcomm Stock Performance

Shares of NASDAQ QCOM opened at $181.97 on Friday. The company has a debt-to-equity ratio of 0.46, a current ratio of 2.02 and a quick ratio of 1.28. The stock's fifty day moving average price is $168.45 and its two-hundred day moving average price is $170.82. Qualcomm Incorporated has a one year low of $121.99 and a one year high of $259.92. The firm has a market cap of $191.11 billion, a price-to-earnings ratio of 21.06, a P/E/G ratio of 3.69 and a beta of 1.68.

Qualcomm (NASDAQ:QCOM - Get Free Report) last posted its earnings results on Wednesday, July 29th. The wireless technology company reported $2.21 earnings per share for the quarter, missing analysts' consensus estimates of $2.23 by ($0.02). The firm had revenue of $9.95 billion for the quarter, compared to analyst estimates of $9.69 billion. Qualcomm had a return on equity of 38.36% and a net margin of 21.01%.The firm's quarterly revenue was down 4.0% compared to the same quarter last year. During the same period in the prior year, the business posted $2.77 EPS. Qualcomm has set its Q4 2026 guidance at 2.050-2.250 EPS. On average, equities analysts forecast that Qualcomm Incorporated will post 7.74 EPS for the current year.

Qualcomm Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, September 24th. Shareholders of record on Thursday, September 3rd will be issued a $0.92 dividend. The ex-dividend date of this dividend is Thursday, September 3rd. This represents a $3.68 dividend on an annualized basis and a yield of 2.0%. Qualcomm's payout ratio is currently 42.59%.

Key Headlines Impacting Qualcomm

Here are the key news stories impacting Qualcomm this week:

• Positive Sentiment: Qualcomm secured a multi-generational custom-silicon partnership with Qualcomm’s AWS Deal Takes Aim at Nvidia, But Comes With Fine Print Amazon Web Services. The deal provides significant validation from a major AI infrastructure customer and strengthens Qualcomm’s challenge to Nvidia in data-center computing. Qualcomm’s CFO is reportedly targeting roughly $5 billion in future data-center revenue, adding to the growth narrative.
• Positive Sentiment: Investors increasingly view automotive and data-center chips as potential growth engines that can offset slowing handset sales. Analysts and market commentary suggest the AWS agreement could lead to upward estimate revisions if Qualcomm converts the partnership into meaningful, recurring deployments. Qualcomm’s Data Center Bet Looks More Real After Amazon’s AI Deal
• Neutral Sentiment: Rosenblatt Securities reaffirmed its “Buy” rating, while Piper Sandler moved Qualcomm to “Hold.” The mixed analyst actions indicate optimism about the longer-term diversification story but limited certainty about near-term earnings growth.
• Neutral Sentiment: The AWS announcement is strategically important, but reports caution that the partnership’s structure and execution timetable could limit its immediate revenue impact. Qualcomm’s valuation and future upside therefore depend on actual customer volumes and revised forecasts, not simply the headline design win.
• Negative Sentiment: Apple’s iPhone 18 Pro includes Apple’s in-house C2 modem, signaling continued efforts to reduce reliance on Qualcomm. Although the iPhone 18 Pro Max may still use Qualcomm technology in some markets, further modem insourcing presents a long-term risk to Qualcomm’s handset revenue and margins. iPhone 18 Pro Debuts C2 Modem
• Negative Sentiment: Qualcomm’s latest quarterly results showed weaker year-over-year earnings and revenue, while earnings per share narrowly missed estimates. That performance, combined with a handset business described as shrinking, leaves investors dependent on automotive, IoT and data-center expansion to sustain the recovery.

Insider Buying and Selling at Qualcomm

In other Qualcomm news, CAO Patricia Grech sold 208 shares of the stock in a transaction that occurred on Monday, August 31st. The shares were sold at an average price of $170.00, for a total transaction of $35,360.00. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Akash Palkhiwala sold 2,500 shares of the firm's stock in a transaction that occurred on Friday, September 11th. The stock was sold at an average price of $182.85, for a total transaction of $457,125.00. Following the transaction, the executive vice president directly owned 18,184 shares in the company, valued at $3,324,944.40. This represents a 12.09% 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 11,533 shares of company stock valued at $1,924,969 in the last quarter. Company insiders own 0.05% of the company's stock.

Qualcomm Profile

Qualcomm Incorporated NASDAQ: QCOM is a technology company that develops wireless communications technologies, semiconductors and related intellectual property. Headquartered in San Diego, California, the company serves customers and partners worldwide across the mobile, automotive, consumer electronics and industrial markets.

Through its Qualcomm CDMA Technologies (QCT) business, Qualcomm designs and supplies integrated circuits, system software and hardware platforms. Its products include Snapdragon mobile platforms, 5G and other wireless modems, radio-frequency components, connectivity solutions, processors and artificial intelligence technologies.

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