NBC Securities Inc. Has $3.20 Million Stock Position in Qualcomm Incorporated $QCOM

Key Points

• NBC Securities Inc. boosted its Qualcomm position by 47.5%, adding 6,018 shares to hold 18,691 shares valued at roughly $3.20 million at the end of the quarter.
• Qualcomm's board authorized a $20.0 billion share buyback (about 14.5% of outstanding shares) and increased the quarterly dividend to $0.92 (annualized $3.68, ~2.7% yield), signaling stronger shareholder returns.
• Analyst views are mixed: MarketBeat shows a consensus rating of "Hold" with a $158.25 target amid recent upgrades and several downgrades and price-target cuts from major brokers.

NBC Securities Inc. grew its position in Qualcomm Incorporated (NASDAQ:QCOM - Free Report) by 47.5% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 18,691 shares of the wireless technology company's stock after buying an additional 6,018 shares during the period. NBC Securities Inc.'s holdings in Qualcomm were worth $3,197,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Harbor Capital Advisors Inc. grew its holdings in shares of Qualcomm by 72.2% in the 3rd quarter. Harbor Capital Advisors Inc. now owns 155 shares of the wireless technology company's stock valued at $26,000 after buying an additional 65 shares during the period. Cloud Capital Management LLC acquired a new position in shares of Qualcomm in the 3rd quarter valued at $27,000. Richardson Financial Services Inc. grew its holdings in shares of Qualcomm by 90.9% in the 4th quarter. Richardson Financial Services Inc. now owns 168 shares of the wireless technology company's stock valued at $29,000 after buying an additional 80 shares during the period. Glass Jacobson Investment Advisors llc grew its holdings in shares of Qualcomm by 113.5% in the 4th quarter. Glass Jacobson Investment Advisors llc now owns 190 shares of the wireless technology company's stock valued at $32,000 after buying an additional 101 shares during the period. Finally, Board of the Pension Protection Fund acquired a new position in shares of Qualcomm in the 4th quarter valued at $34,000. Institutional investors and hedge funds own 74.35% of the company's stock.

Insider Activity

In other news, EVP Heather S. Ace sold 3,200 shares of the business's stock in a transaction dated Monday, February 9th. The shares were sold at an average price of $137.00, for a total transaction of $438,400.00. Following the transaction, the executive vice president directly owned 16,393 shares in the company, valued at $2,245,841. The trade was a 16.33% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, EVP Akash J. Palkhiwala sold 3,333 shares of the business's stock in a transaction dated 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 owned 35,599 shares in the company, valued at $4,900,202.35. This represents a 8.56% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 9,118 shares of company stock worth $1,233,705 over the last 90 days. 0.05% of the stock is owned by company insiders.

Analysts Set New Price Targets

Several brokerages have recently issued reports on QCOM. Wells Fargo & Company raised shares of Qualcomm from an "underweight" rating to an "equal weight" rating and boosted their price target for the company from $135.00 to $185.00 in a report on Tuesday, February 24th. Piper Sandler reaffirmed an "overweight" rating and issued a $200.00 price objective on shares of Qualcomm in a research report on Thursday, February 5th. Sanford C. Bernstein reaffirmed a "market perform" rating and issued a $140.00 price objective (down from $175.00) on shares of Qualcomm in a research report on Thursday, March 26th. JPMorgan Chase & Co. cut shares of Qualcomm from an "overweight" rating to a "neutral" rating and cut their price objective for the company from $185.00 to $140.00 in a research report on Thursday, April 16th. Finally, The Goldman Sachs Group assumed coverage on shares of Qualcomm in a research report on Monday, March 30th. They issued a "neutral" rating and a $135.00 price objective on the stock. One research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating, thirteen have given a Hold rating and four have assigned a Sell rating to the stock. According to MarketBeat, Qualcomm has a consensus rating of "Hold" and a consensus target price of $158.25.

Trending Headlines about Qualcomm

Here are the key news stories impacting Qualcomm this week:

• Neutral Sentiment: MSN flags April 29 as an important date for Qualcomm investors — a near‑term event or update that could move the stock depending on guidance or news. Why is April 29 important for Qualcomm investors?
• Negative Sentiment: Barclays reinstated coverage with an Underweight rating and $130 target, signaling limited near‑term upside and reinforcing bearish analyst views on handset exposure. Barclays Reinstates Qualcomm at Underweight With a $130 Target
• Negative Sentiment: Comparisons with peers (Cirrus Logic) paint Qualcomm as the weaker handset play: CRUS is highlighted for stronger stock gains and rising estimates while Qualcomm faces supply constraints and cautious demand forecasts. Cirrus Logic vs. Qualcomm: Which Mobile Chip Stock is the Better Buy?
• Negative Sentiment: Coverage roundups and valuation pieces note a cluster of analyst downgrades citing weak smartphone demand, higher memory costs and few near‑term catalysts — factors pressuring sentiment and the stock’s recent performance. A Look At Qualcomm (QCOM) Valuation As Analyst Downgrades Highlight Handset Weakness And Limited Near Term Catalysts
• Negative Sentiment: Analysts expect a decline in upcoming earnings, lowering the bar for any upside and increasing the risk of another miss should demand softness persist. Analysts Estimate Qualcomm (QCOM) to Report a Decline in Earnings: What to Look Out for
• Negative Sentiment: Market writeups tie the intraday selloff to these analyst actions and cautious guidance, explaining why QCOM underperformed the broader market recently. Why Qualcomm (QCOM) Dipped More Than Broader Market Today

Qualcomm Trading Down 1.6%

Shares of NASDAQ:QCOM opened at $133.95 on Friday. The company's 50-day moving average price is $134.17 and its two-hundred day moving average price is $155.58. The company has a debt-to-equity ratio of 0.64, a current ratio of 2.51 and a quick ratio of 1.83. Qualcomm Incorporated has a one year low of $121.99 and a one year high of $205.95. The stock has a market capitalization of $142.92 billion, a PE ratio of 27.68 and a beta of 1.28.

Qualcomm (NASDAQ:QCOM - Get Free Report) last issued its quarterly earnings results on Wednesday, February 4th. The wireless technology company reported $3.50 EPS for the quarter, topping the consensus estimate of $3.38 by $0.12. The firm had revenue of $12.25 billion for the quarter, compared to analysts' expectations of $12.16 billion. Qualcomm had a net margin of 11.96% and a return on equity of 44.09%. The company's revenue for the quarter was up 4.7% on a year-over-year basis. During the same period in the previous year, the firm posted $3.41 EPS. Qualcomm has set its Q2 2026 guidance at 2.450-2.650 EPS. On average, equities analysts forecast that Qualcomm Incorporated will post 8.25 EPS for the current fiscal year.

Qualcomm declared that its Board of Directors has approved a share buyback plan on Tuesday, March 17th that authorizes the company to repurchase $20.00 billion in outstanding shares. This repurchase authorization authorizes the wireless technology company to reacquire up to 14.5% of its stock through open market purchases. Stock repurchase plans are often an indication that the company's board believes its shares are undervalued.

Qualcomm Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, June 25th. Stockholders of record on Thursday, June 4th will be paid a dividend of $0.92 per share. The ex-dividend date is Thursday, June 4th. This represents a $3.68 annualized dividend and a dividend yield of 2.7%. This is a boost from Qualcomm's previous quarterly dividend of $0.89. Qualcomm's dividend payout ratio (DPR) is presently 73.55%.

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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