Integrated Wealth Concepts LLC Has $33.03 Million Stock Position in Qualcomm Incorporated $QCOM

Key Points

• Integrated Wealth Concepts LLC reduced its Qualcomm stake by 15.8% in the second quarter, selling 33,592 shares and retaining 178,733 shares valued at approximately $33.03 million. Institutional investors collectively own 74.35% of Qualcomm.
• Qualcomm’s partnership with Amazon Web Services creates a significant AI data-center opportunity. The companies will develop customized AI-inference chips and optical connectivity solutions across multiple product generations, though Amazon’s potential $4 billion stock warrants could dilute Qualcomm shareholders if exercised.
• Analyst sentiment remains mixed. Several firms lowered their price targets, and Qualcomm has a consensus “Hold” rating with a $203.76 target; the company also reported quarterly revenue above estimates but missed EPS expectations and posted a year-over-year revenue decline.

Integrated Wealth Concepts LLC cut its stake in Qualcomm Incorporated (NASDAQ:QCOM - Free Report) by 15.8% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 178,733 shares of the wireless technology company's stock after selling 33,592 shares during the period. Integrated Wealth Concepts LLC's holdings in Qualcomm were worth $33,028,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the company. California State Teachers Retirement System increased its position in shares of Qualcomm by 18,251.8% during the second quarter. California State Teachers Retirement System now owns 301,278,659 shares of the wireless technology company's stock worth $55,673,283,000 after buying an additional 299,636,973 shares during the period. BlackRock Inc. bought a new stake in Qualcomm during the second quarter valued at $17,583,115,000. Geode Capital Management LLC boosted its position in Qualcomm by 12.5% during the fourth quarter. Geode Capital Management LLC now owns 28,897,079 shares of the wireless technology company's stock valued at $4,931,968,000 after acquiring an additional 3,221,924 shares during the last quarter. Van ECK Associates Corp grew its holdings in Qualcomm by 22.7% during the 2nd quarter. Van ECK Associates Corp now owns 17,202,619 shares of the wireless technology company's stock worth $3,178,872,000 after acquiring an additional 3,179,720 shares during the period. Finally, Wellington Management Group LLP grew its holdings in Qualcomm by 34.5% during the 4th quarter. Wellington Management Group LLP now owns 16,727,862 shares of the wireless technology company's stock worth $2,861,301,000 after acquiring an additional 4,290,622 shares during the period. Institutional investors and hedge funds own 74.35% of the company's stock.

Qualcomm News Summary

Here are the key news stories impacting Qualcomm this week:

• Positive Sentiment: Amazon deal opens a major AI growth opportunity. Qualcomm and AWS will collaborate on customized silicon for large-scale AI data centers, initially targeting AI inference. Qualcomm will also provide optical connectivity solutions for high-bandwidth data-center interconnects. The agreement gives Qualcomm a marquee cloud customer and exposure to AWS’s expanding AI infrastructure spending. Qualcomm partners with Amazon in data center infrastructure deal
• Positive Sentiment: Investors see the partnership as potentially substantial and recurring. The collaboration spans multiple product generations, suggesting a longer-term supply relationship rather than a one-time contract. Reports and market commentary have characterized the opportunity as potentially worth approximately $60 billion, although the actual financial contribution will depend on product adoption and AWS deployment. Qualcomm Announces Multi-Generational Product Collaboration with Amazon
• Positive Sentiment: The announcement strengthened Qualcomm’s AI-infrastructure narrative. The news lifted other semiconductor and AI-infrastructure stocks as investors reassessed Qualcomm’s ability to diversify into data centers and participate in the AI-computing buildout. Analysts and commentators described the Amazon relationship as supportive of a higher long-term valuation floor. AI infrastructure stocks rally on deal announcements from Qualcomm, Corning
• Neutral Sentiment: Amazon will receive stock warrants worth roughly $4 billion. Qualcomm is reportedly granting Amazon warrants representing about 25 million shares. The arrangement may align the companies’ interests and support the partnership, but it could also create future share dilution if the warrants are exercised. Qualcomm strikes AI chip deal with Amazon

Analyst Ratings Changes

A number of research analysts have recently issued reports on QCOM shares. Rosenblatt Securities dropped their price objective on Qualcomm from $265.00 to $235.00 and set a "buy" rating on the stock in a research note on Thursday, July 30th. Oppenheimer set a $200.00 target price on Qualcomm in a research note on Monday, July 27th. Barclays reiterated an "underweight" rating on shares of Qualcomm in a report on Wednesday. TD Cowen dropped their price target on Qualcomm from $225.00 to $175.00 and set a "buy" rating on the stock in a research note on Thursday, July 30th. Finally, Cantor Fitzgerald reduced their price objective on shares of Qualcomm from $200.00 to $165.00 and set a "neutral" rating for the company in a research report on Monday, July 27th. Two research analysts have rated the stock with a Strong Buy rating, thirteen have issued a Buy rating, twenty have given a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat.com, Qualcomm has a consensus rating of "Hold" and a consensus target price of $203.76.

Insider Buying and Selling

In other news, EVP Heather Ace sold 3,200 shares of Qualcomm stock in a transaction dated Monday, August 3rd. The stock was sold at an average price of $147.04, for a total transaction of $470,528.00. Following the completion of the sale, the executive vice president owned 36,535 shares in the company, valued at approximately $5,372,106.40. This trade represents a 8.05% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CAO Patricia Grech sold 625 shares of the business's stock in a transaction dated Friday, August 21st. The stock was sold at an average price of $162.85, for a total value of $101,781.25. Following the transaction, the chief accounting officer directly owned 208 shares of the company's stock, valued at $33,872.80. The trade was a 75.03% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 11,533 shares of company stock worth $1,961,219 over the last ninety days. 0.05% of the stock is owned by corporate insiders.

Qualcomm Stock Up 3.2%

Shares of NASDAQ QCOM opened at $174.09 on Wednesday. Qualcomm Incorporated has a one year low of $121.99 and a one year high of $259.92. The business's fifty day moving average price is $168.43 and its 200-day moving average price is $170.26. The stock has a market capitalization of $182.84 billion, a PE ratio of 20.15, a P/E/G ratio of 3.52 and a beta of 1.68. The company has a debt-to-equity ratio of 0.46, a current ratio of 2.02 and a quick ratio of 1.28.

Qualcomm (NASDAQ:QCOM - Get Free Report) last released its quarterly earnings data on Wednesday, July 29th. The wireless technology company reported $2.21 EPS for the quarter, missing the consensus estimate of $2.23 by ($0.02). The business had revenue of $9.95 billion during the quarter, compared to the consensus estimate 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% on a year-over-year basis. During the same period last year, the business posted $2.77 earnings per share. Qualcomm has set its Q4 2026 guidance at 2.050-2.250 EPS. On average, equities research analysts anticipate 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. Investors of record on Thursday, September 3rd will be given a $0.92 dividend. This represents a $3.68 dividend on an annualized basis and a dividend yield of 2.1%. The ex-dividend date is Thursday, September 3rd. Qualcomm's dividend payout ratio (DPR) is 42.59%.

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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