Mitsubishi UFJ Asset Management Co. Ltd. Boosts Holdings in Qualcomm Incorporated $QCOM

Mitsubishi UFJ Asset Management Co. Ltd. grew its position in Qualcomm Incorporated (NASDAQ:QCOM - Free Report) by 5.3% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 2,423,803 shares of the wireless technology company's stock after buying an additional 122,759 shares during the period. Mitsubishi UFJ Asset Management Co. Ltd. owned approximately 0.23% of Qualcomm worth $419,269,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Cloud Capital Management LLC bought a new stake in shares of Qualcomm in the 3rd quarter worth $27,000. Richardson Financial Services Inc. lifted its stake in Qualcomm by 90.9% during the 4th quarter. Richardson Financial Services Inc. now owns 168 shares of the wireless technology company's stock valued at $29,000 after acquiring an additional 80 shares during the period. Torren Management LLC purchased a new position in shares of Qualcomm during the fourth quarter valued at approximately $29,000. Glass Jacobson Investment Advisors llc lifted its position in Qualcomm by 113.5% during the fourth quarter. Glass Jacobson Investment Advisors llc now owns 190 shares of the wireless technology company's stock valued at $32,000 after purchasing an additional 101 shares during the period. Finally, Board of the Pension Protection Fund purchased a new stake in Qualcomm in the fourth quarter worth approximately $34,000. Institutional investors own 74.35% of the company's stock.

Insiders Place Their Bets

In other Qualcomm news, CEO Cristiano R. Amon sold 10,000 shares of the stock in a transaction that occurred on Monday, May 4th. The shares were sold at an average price of $180.00, for a total transaction of $1,800,000.00. Following the completion of the sale, the chief executive officer directly owned 207,568 shares of the company's stock, valued at $37,362,240. This trade represents a 4.60% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Akash J. Palkhiwala sold 3,333 shares of Qualcomm stock in a transaction that occurred on Friday, February 6th. The shares were sold at an average price of $137.65, for a total transaction of $458,787.45. Following the sale, the executive vice president owned 35,599 shares in the company, valued at approximately $4,900,202.35. The trade was a 8.56% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders have sold 22,510 shares of company stock valued at $3,635,753. 0.05% of the stock is owned by company insiders.

Qualcomm Trading Up 10.9%

Shares of Qualcomm stock opened at $186.67 on Wednesday. Qualcomm Incorporated has a fifty-two week low of $121.99 and a fifty-two week high of $205.95. The company has a debt-to-equity ratio of 0.54, a quick ratio of 1.61 and a current ratio of 2.37. The company has a market capitalization of $196.75 billion, a P/E ratio of 20.29, a P/E/G ratio of 20.78 and a beta of 1.49. The company has a fifty day moving average of $136.57 and a 200 day moving average of $155.41.

Qualcomm (NASDAQ:QCOM - Get Free Report) last announced its quarterly earnings data on Wednesday, April 29th. The wireless technology company reported $2.65 EPS for the quarter, beating the consensus estimate of $2.56 by $0.09. The business had revenue of $10.60 billion for the quarter, compared to the consensus estimate of $10.59 billion. Qualcomm had a return on equity of 42.11% and a net margin of 22.31%.The business's revenue was down 3.5% on a year-over-year basis. During the same period in the previous year, the business earned $2.85 earnings per share. Qualcomm has set its Q3 2026 guidance at 2.100-2.300 EPS. On average, sell-side analysts anticipate that Qualcomm Incorporated will post 8.02 earnings per share for the current fiscal year.

Qualcomm announced that its Board of Directors has initiated a stock buyback program 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 programs are typically a sign that the company's management believes its stock is undervalued.

Qualcomm Increases Dividend

The firm also recently declared 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. The ex-dividend date of this dividend is Thursday, June 4th. This represents a $3.68 dividend on an annualized basis and a yield of 2.0%. This is a boost from Qualcomm's previous quarterly dividend of $0.89. Qualcomm's payout ratio is presently 38.70%.

Qualcomm News Summary

Here are the key news stories impacting Qualcomm this week:

• Positive Sentiment: Major hyperscaler win and initial shipments of custom data‑center AI silicon, showing Qualcomm is entering AI infrastructure and diversifying revenue away from handsets. QUALCOMM Is Up After Hyperscaler AI Win
• Positive Sentiment: Board approved a $20 billion share‑repurchase program and the company raised its quarterly dividend, both of which boost shareholder returns and signal confidence from management/board. QUALCOMM Is Up After Hyperscaler AI Win
• Positive Sentiment: Record automotive revenue and accelerating shipments for vehicle platforms provide a second structural growth engine (automotive + AI silicon) that supports higher long‑term revenue visibility. Qualcomm’s AI Chips And Automotive Growth Reshape Its Investment Story
• Neutral Sentiment: Cantor Fitzgerald raised its price target to $150 but kept a Neutral rating — a modest analyst lift that tempers downside but isn't a full conviction upgrade. Cantor Fitzgerald Raises PT on QUALCOMM
• Neutral Sentiment: Industry context: competitor moves (Intel hiring a former Qualcomm exec) and the broader “chip divide” narrative—investors should weigh Qualcomm’s AI/design wins against rising competitive intensity from Intel and AMD. Intel appoints Qualcomm executive The Great Chip Divide
• Negative Sentiment: Insider sales: CEO Cristiano Amon and EVP Heather Ace sold shares under 10b5‑1 plans; such high‑profile sales can add short‑term selling pressure despite being pre‑arranged. Amon SEC filing Ace SEC filing
• Negative Sentiment: Bearish commentary and “sell into the hype” takes emphasize persistent handset weakness and near‑term cyclicality; the transition to AI/automotive revenue will take time and execution risk remains. Bear of the Day: Qualcomm Qualcomm: Sell Into The Hype

Analyst Upgrades and Downgrades

A number of brokerages have weighed in on QCOM. Summit Insights upgraded shares of Qualcomm from a "hold" rating to a "buy" rating in a research note on Thursday, April 30th. Robert W. Baird set a $300.00 price target on Qualcomm in a research note on Friday. Sanford C. Bernstein reiterated a "market perform" rating and set a $140.00 price objective (down from $175.00) on shares of Qualcomm in a research report on Thursday, March 26th. Cantor Fitzgerald increased their target price on Qualcomm from $135.00 to $150.00 and gave the company a "neutral" rating in a report on Thursday, April 30th. Finally, TD Cowen boosted their price target on Qualcomm from $150.00 to $200.00 and gave the company a "buy" rating in a research note on Thursday, April 30th. One equities research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating, sixteen have given a Hold rating and three have given a Sell rating to the company's stock. Based on data from MarketBeat, the stock presently has an average rating of "Hold" and a consensus target price of $172.40.

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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