Nykredit A S Makes New Investment in Qualcomm Incorporated $QCOM

Key Points

• Nykredit A S purchased 959,600 Qualcomm shares during the second quarter, valued at approximately $177.3 million and representing 0.09% of the company. Institutional investors collectively own 74.35% of Qualcomm.
• Qualcomm reported quarterly revenue of $9.95 billion, exceeding estimates, but EPS of $2.21 narrowly missed expectations and revenue declined 4% year over year. The company declared a quarterly dividend of $0.92 per share, equivalent to a 2.0% annual yield.
• Analysts maintain a consensus “Hold” rating with a $204.10 price target, while investors weigh Qualcomm’s AI, automotive and data-center opportunities against smartphone weakness, Apple-related revenue declines and margin pressures.

Nykredit A S purchased a new stake in Qualcomm Incorporated (NASDAQ:QCOM - Free Report) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 959,600 shares of the wireless technology company's stock, valued at approximately $177,324,000. Nykredit A S owned 0.09% of Qualcomm at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in QCOM. BlackRock Inc. bought a new stake in Qualcomm during the 2nd quarter valued at $17,583,115,000. Geode Capital Management LLC increased its holdings in shares of 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 purchasing an additional 3,221,924 shares during the period. Van ECK Associates Corp increased its holdings in shares of Qualcomm by 22.7% during the second quarter. Van ECK Associates Corp now owns 17,202,619 shares of the wireless technology company's stock valued at $3,178,872,000 after purchasing an additional 3,179,720 shares during the period. Norges Bank bought a new stake in shares of Qualcomm during the fourth quarter valued at about $2,591,056,000. Finally, Invesco Ltd. lifted its holdings in Qualcomm by 28.1% in the fourth quarter. Invesco Ltd. now owns 12,645,603 shares of the wireless technology company's stock worth $2,163,030,000 after purchasing an additional 2,771,490 shares during the period. Institutional investors own 74.35% of the company's stock.

Qualcomm Price Performance

Shares of Qualcomm stock opened at $188.71 on Friday. The company has a current ratio of 2.02, a quick ratio of 1.28 and a debt-to-equity ratio of 0.46. The company's 50-day moving average price is $168.34 and its two-hundred day moving average price is $172.19. Qualcomm Incorporated has a 52 week low of $121.99 and a 52 week high of $259.92. The stock has a market cap of $198.19 billion, a PE ratio of 21.84, a price-to-earnings-growth ratio of 3.85 and a beta of 1.68.

Qualcomm (NASDAQ:QCOM - Get Free Report) last posted its quarterly earnings data on Wednesday, July 29th. The wireless technology company reported $2.21 earnings per share for the quarter, missing the consensus estimate of $2.23 by ($0.02). The business had revenue of $9.95 billion for the quarter, compared to the consensus estimate of $9.69 billion. Qualcomm had a net margin of 21.01% and a return on equity of 38.36%. The business's revenue for the quarter was down 4.0% on a year-over-year basis. During the same quarter last year, the business posted $2.77 EPS. Qualcomm has set its Q4 2026 guidance at 2.050-2.250 EPS. As a group, sell-side analysts anticipate that Qualcomm Incorporated will post 7.74 EPS for the current fiscal year.

Qualcomm Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, September 24th. Investors of record on Thursday, September 3rd will be issued a dividend of $0.92 per share. This represents a $3.68 dividend on an annualized basis and a yield of 2.0%. The ex-dividend date is Thursday, September 3rd. Qualcomm's dividend payout ratio (DPR) is presently 42.59%.

Insiders Place Their Bets

In other Qualcomm news, EVP Akash Palkhiwala sold 2,500 shares of the company's stock in a transaction on Friday, September 11th. The stock was sold at an average price of $182.85, for a total value of $457,125.00. Following the transaction, the executive vice president owned 18,184 shares of the company's stock, valued at approximately $3,324,944.40. This represents a 12.09% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Heather Ace sold 3,200 shares of the stock in a transaction on Monday, August 3rd. The shares were sold at an average price of $147.04, for a total value of $470,528.00. Following the sale, the executive vice president owned 36,535 shares of the company's stock, valued at $5,372,106.40. This trade represents a 8.05% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders have sold 11,533 shares of company stock worth $1,924,969. 0.05% of the stock is owned by insiders.

Wall Street Analyst Weigh In

QCOM has been the subject of a number of recent analyst reports. KeyCorp reiterated a "sector weight" rating on shares of Qualcomm in a research report on Wednesday, September 9th. JPMorgan Chase & Co. boosted their price target on shares of Qualcomm from $160.00 to $265.00 and gave the stock a "neutral" rating in a research report on Friday, June 5th. HSBC reaffirmed a "hold" rating on shares of Qualcomm in a research note on Wednesday, July 15th. Robert W. Baird set a $400.00 price objective on shares of Qualcomm in a report on Thursday, July 30th. Finally, Mizuho raised their price objective on shares of Qualcomm from $170.00 to $210.00 and gave the company a "neutral" rating in a research note on Monday, June 29th. Two investment analysts have rated the stock with a Strong Buy rating, twelve have given a Buy rating, twenty-one have assigned a Hold rating and three have issued a Sell rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of "Hold" and a consensus price target of $204.10.

Key Qualcomm News

Here are the key news stories impacting Qualcomm this week:

• Positive Sentiment: Qualcomm outpaced the broader stock market in the latest session, reflecting continued buying interest in the chipmaker after an extended rally. Qualcomm Outpaces Stock Market Gains
• Positive Sentiment: Qualcomm’s shares have gained roughly 18% over the past month, as investors reassess the company’s potential in AI data-center infrastructure, automotive technology and other markets beyond smartphones. Qualcomm Rally and Investment Outlook
• Positive Sentiment: The company’s relatively low valuation could expand if its AI strategy produces meaningful data-center growth, potentially reducing the valuation discount associated with its smartphone exposure. Qualcomm AI Valuation Opportunity
• Neutral Sentiment: Market coverage notes that Qualcomm gained but lagged some industry peers, suggesting the move was positive without matching the strongest performance across chip stocks. Qualcomm Performance Versus Competitors
• Neutral Sentiment: Commentary describes the stock as fairly valued after a substantial run, while investors also weigh Qualcomm’s cash-return appeal against Apple’s transition toward internally developed modem technology. Qualcomm Valuation After Its Rally
• Negative Sentiment: Zacks Research downgraded Qualcomm from “hold” to “strong sell,” adding a negative signal after the recent rally. Zacks Research
• Negative Sentiment: Rising semiconductor costs, weaker handset demand, unfavorable product mix and expected declines in Apple-related revenue could pressure margins and earnings. Qualcomm Margin Pressure
• Negative Sentiment: Analysts question whether Qualcomm’s AI pivot can generate sufficient scale quickly enough to offset smartphone and Apple headwinds. Qualcomm AI Pivot Risks

About Qualcomm

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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