Investment Research Partners LLC Makes New Investment in Qualcomm Incorporated $QCOM

Key Points

• Investment Research Partners LLC initiated a new position in Qualcomm, buying 6,766 shares (~$1.21 million) in the third quarter as part of broader institutional activity (institutions own ~74.35% of the stock).
• Qualcomm’s Board authorized a $20.0 billion share repurchase program (about 14.5% of shares) and declared a quarterly dividend of $0.89 (annualized $3.56, ~2.7% yield), underscoring a focus on returning capital to shareholders.
• The company beat quarterly expectations with $3.50 EPS (vs. $3.38 est.) and $12.25B revenue, provided Q2 2026 EPS guidance of 2.45–2.65, but analysts remain mixed—consensus rating "Hold" with a $168 target.

Investment Research Partners LLC purchased a new stake in Qualcomm Incorporated (NASDAQ:QCOM - Free Report) in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 6,766 shares of the wireless technology company's stock, valued at approximately $1,209,000.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Harbor Capital Advisors Inc. lifted its position in Qualcomm by 72.2% during the third quarter. Harbor Capital Advisors Inc. now owns 155 shares of the wireless technology company's stock worth $26,000 after buying an additional 65 shares in the last quarter. Cloud Capital Management LLC purchased a new stake in Qualcomm in the 3rd quarter valued at $27,000. Winnow Wealth LLC acquired a new stake in shares of Qualcomm in the 2nd quarter worth $32,000. Lavaca Capital LLC acquired a new stake in shares of Qualcomm in the 2nd quarter worth $32,000. Finally, Guerra Advisors Inc purchased a new position in shares of Qualcomm during the 3rd quarter worth $39,000. Institutional investors and hedge funds own 74.35% of the company's stock.

Qualcomm Stock Performance

NASDAQ QCOM opened at $130.47 on Thursday. The stock has a fifty day simple moving average of $146.59 and a 200-day simple moving average of $161.74. The company has a current ratio of 2.51, a quick ratio of 1.83 and a debt-to-equity ratio of 0.64. The stock has a market cap of $139.21 billion, a PE ratio of 26.96 and a beta of 1.25. Qualcomm Incorporated has a twelve month low of $120.80 and a twelve month high of $205.95.

Qualcomm (NASDAQ:QCOM - Get Free Report) last issued its quarterly earnings data on Wednesday, February 4th. The wireless technology company reported $3.50 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.38 by $0.12. Qualcomm had a net margin of 11.96% and a return on equity of 44.09%. The firm had revenue of $12.25 billion for the quarter, compared to analyst estimates of $12.16 billion. During the same period in the previous year, the firm earned $3.41 EPS. Qualcomm's revenue was up 4.7% on a year-over-year basis. Qualcomm has set its Q2 2026 guidance at 2.450-2.650 EPS. Equities analysts anticipate that Qualcomm Incorporated will post 9.39 earnings per share for the current year.

Qualcomm Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, March 26th. Stockholders of record on Thursday, March 5th will be paid a $0.89 dividend. This represents a $3.56 dividend on an annualized basis and a dividend yield of 2.7%. The ex-dividend date of this dividend is Thursday, March 5th. Qualcomm's payout ratio is 73.55%.

Qualcomm announced that its Board of Directors has authorized a share buyback plan on Tuesday, March 17th that permits the company to repurchase $20.00 billion in shares. This repurchase authorization permits the wireless technology company to purchase up to 14.5% of its shares through open market purchases. Shares repurchase plans are usually a sign that the company's management believes its stock is undervalued.

Wall Street Analysts Forecast Growth

Several brokerages have recently weighed in on QCOM. JPMorgan Chase & Co. lowered their price target on shares of Qualcomm from $195.00 to $185.00 and set an "overweight" rating on the stock in a research report on Thursday, February 5th. Citigroup reaffirmed a "neutral" rating on shares of Qualcomm in a research note on Thursday, January 15th. Mizuho decreased their target price 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. Piper Sandler reissued an "overweight" rating and issued a $200.00 price target on shares of Qualcomm in a research note on Thursday, February 5th. Finally, TD Cowen cut their price target on shares of Qualcomm from $190.00 to $150.00 and set a "buy" rating for the company in a report on Thursday, February 5th. One research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating, nine have given a Hold rating and three have assigned a Sell rating to the company's stock. According to data from MarketBeat, the stock currently has a consensus rating of "Hold" and a consensus target price of $168.00.

Insider Activity at Qualcomm

In other news, EVP Heather S. Ace sold 3,200 shares of the company's stock in a transaction that occurred on Monday, February 9th. The shares were sold at an average price of $137.00, for a total value of $438,400.00. Following the transaction, the executive vice president directly owned 16,393 shares in the company, valued at approximately $2,245,841. This represents a 16.33% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, EVP Akash J. Palkhiwala sold 3,333 shares of the stock in a transaction that occurred on Friday, February 6th. The stock was sold at an average price of $137.65, for a total transaction of $458,787.45. Following the transaction, the executive vice president directly owned 35,599 shares of the company's stock, valued at $4,900,202.35. The trade was a 8.56% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders sold 12,404 shares of company stock worth $1,921,357. Company insiders own 0.05% of the company's stock.

Trending Headlines about Qualcomm

Here are the key news stories impacting Qualcomm this week:

• Positive Sentiment: Board approves a new $20.0 billion, open‑ended stock repurchase authorization (in addition to ≈$2.1B remaining from Nov‑2024 program); company says timing/size will depend on market conditions — a large buyback (RTT/press coverage estimates ~14.5% of shares) signals management confidence and is usually supportive of the share price. Article Title
• Positive Sentiment: Company raised its dividend (annualized payout reported at $3.68), increasing shareholder yield alongside the buyback — further evidence management is prioritizing returns. Article Title
• Positive Sentiment: Bullish investors point out the buyback + dividend and continued beat-and-raise style earnings as signs Qualcomm may be undervalued, especially versus higher‑multiple peers; some investors/analysts are therefore using weakness to add exposure. Article Title
• Neutral Sentiment: Peer comparison pieces (e.g., Corning vs Qualcomm) highlight that other 5G/optics names may offer stronger near‑term growth or AI tailwinds, suggesting investors are weighing alternate ways to play the 5G/AI cycle. Article Title
• Negative Sentiment: Seaport Research Partners (and other street analysts) issued downgrades and set a street‑low $100 price target, citing slowing smartphone volumes, longer upgrade cycles, memory/component supply issues, and intensifying competition — these notes are pressuring the stock despite the capital returns news. Article Title
• Negative Sentiment: Recent analyst downgrades and media pieces flag that the stock has already suffered meaningful YTD losses and could face more downside if smartphone demand and margin pressure persist — short‑to‑medium term growth concerns are outweighing the buyback headline for some investors. Article Title

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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