Qualcomm Incorporated $QCOM Shares Bought by Foster & Motley Inc.

Key Points

• Foster & Motley Inc. increased its stake in Qualcomm by 10.1% to 44,311 shares (worth $7.58 million), while institutional investors collectively own about 74.35% of the company.
• Qualcomm's Board approved a $20.0 billion share repurchase program that could buy up to 14.5% of outstanding shares, a move typically taken when management views the stock as undervalued.
• The company beat quarterly estimates with $3.50 EPS (vs. $3.38 expected) and $12.25 billion revenue, provided Q2 fiscal 2026 guidance of $2.45–$2.65 EPS, and pays a quarterly dividend of $0.89 (≈2.8% yield).

Foster & Motley Inc. increased its stake in Qualcomm Incorporated (NASDAQ:QCOM - Free Report) by 10.1% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 44,311 shares of the wireless technology company's stock after purchasing an additional 4,051 shares during the quarter. Foster & Motley Inc.'s holdings in Qualcomm were worth $7,579,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of QCOM. waypoint wealth counsel boosted its holdings in shares of Qualcomm by 2.2% in the third quarter. waypoint wealth counsel now owns 2,863 shares of the wireless technology company's stock valued at $476,000 after acquiring an additional 61 shares in the last quarter. Greykasell Wealth Strategies Inc. boosted its stake in Qualcomm by 1.5% during the third quarter. Greykasell Wealth Strategies Inc. now owns 4,126 shares of the wireless technology company's stock valued at $686,000 after buying an additional 61 shares in the last quarter. Baron Wealth Management LLC raised its position in Qualcomm by 4.5% in the third quarter. Baron Wealth Management LLC now owns 1,431 shares of the wireless technology company's stock worth $238,000 after acquiring an additional 62 shares in the last quarter. Certified Advisory Corp lifted its holdings in Qualcomm by 0.6% in the 3rd quarter. Certified Advisory Corp now owns 10,085 shares of the wireless technology company's stock valued at $1,678,000 after acquiring an additional 62 shares during the last quarter. Finally, Elser Financial Planning Inc raised its holdings in shares of Qualcomm by 3.7% in the 3rd quarter. Elser Financial Planning Inc now owns 1,759 shares of the wireless technology company's stock worth $297,000 after purchasing an additional 63 shares in the last quarter. Institutional investors own 74.35% of the company's stock.

Insider Buying and Selling at Qualcomm

In related news, EVP Heather S. Ace sold 3,200 shares of the company's stock in a transaction dated Monday, February 9th. The stock was sold at an average price of $137.00, for a total value of $438,400.00. Following the completion of the sale, the executive vice president owned 16,393 shares in the company, valued at approximately $2,245,841. This represents a 16.33% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, EVP Akash J. Palkhiwala sold 3,333 shares of the stock in a transaction 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 completion of the sale, the executive vice president owned 35,599 shares in the company, valued at approximately $4,900,202.35. This trade 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 9,866 shares of company stock valued at $1,474,796 in the last quarter. Corporate insiders own 0.05% of the company's stock.

Wall Street Analysts Forecast Growth

A number of brokerages have recently issued reports on QCOM. Bank of America initiated coverage on Qualcomm in a research report on Tuesday, March 10th. They set an "underperform" rating and a $145.00 target price on the stock. Morgan Stanley began coverage on shares of Qualcomm in a research report on Tuesday, February 10th. They issued an "underweight" rating and a $132.00 target price for the company. Piper Sandler reaffirmed an "overweight" rating and set a $200.00 price target on shares of Qualcomm in a research note on Thursday, February 5th. Mizuho cut their price target 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. Finally, Susquehanna downgraded Qualcomm from a "positive" rating to a "neutral" rating and set a $140.00 price objective on the stock. in a research note on Thursday, February 5th. One analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating, eleven have assigned a Hold rating and three have given a Sell rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Hold" and an average price target of $163.77.

Qualcomm Price Performance

Qualcomm stock opened at $127.07 on Tuesday. The company has a market capitalization of $135.58 billion, a PE ratio of 26.25 and a beta of 1.25. The business has a 50 day simple moving average of $140.47 and a 200 day simple moving average of $160.04. Qualcomm Incorporated has a one year low of $120.80 and a one year high of $205.95. 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 (NASDAQ:QCOM - Get Free Report) last announced its 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. Qualcomm had a return on equity of 44.09% and a net margin of 11.96%.The business had revenue of $12.25 billion for the quarter, compared to the consensus estimate of $12.16 billion. During the same period in the previous year, the business earned $3.41 EPS. Qualcomm's revenue was up 4.7% compared to the same quarter last year. Qualcomm has set its Q2 2026 guidance at 2.450-2.650 EPS. On average, sell-side analysts forecast that Qualcomm Incorporated will post 9.39 EPS for the current fiscal year.

Qualcomm announced that its Board of Directors has approved a share repurchase 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 buy up to 14.5% of its stock through open market purchases. Stock repurchase plans are typically an indication that the company's board of directors believes its stock is undervalued.

Qualcomm Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, March 26th. Investors of record on Thursday, March 5th were paid a dividend of $0.89 per share. This represents a $3.56 dividend on an annualized basis and a dividend yield of 2.8%. The ex-dividend date of this dividend was Thursday, March 5th. Qualcomm's payout ratio is 73.55%.

Qualcomm Company 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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