California State Teachers Retirement System boosted its holdings in Qualcomm Incorporated (NASDAQ:QCOM - Free Report) by 18,251.8% during the 2nd quarter, according to its most recent disclosure with the SEC. The firm owned 301,278,659 shares of the wireless technology company's stock after buying an additional 299,636,973 shares during the period. California State Teachers Retirement System owned approximately 28.69% of Qualcomm worth $55,673,283,000 at the end of the most recent reporting period.
Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Your Advocates Ltd. LLP purchased a new position in shares of Qualcomm in the 1st quarter valued at $26,000. Caitong International Asset Management Co. Ltd boosted its position in Qualcomm by 17,000.0% during the 4th quarter. Caitong International Asset Management Co. Ltd now owns 171 shares of the wireless technology company's stock worth $29,000 after purchasing an additional 170 shares during the period. Birchwood Financial Partners Inc. acquired a new stake in Qualcomm in the 4th quarter valued at $31,000. Commonwealth Retirement Investments LLC acquired a new stake in Qualcomm in the 4th quarter valued at $32,000. Finally, ABS Investment Management LLC purchased a new position in Qualcomm in the second quarter valued at about $34,000. 74.35% of the stock is owned by institutional investors and hedge funds.
Analyst Upgrades and Downgrades
A number of research analysts have commented on QCOM shares. Benchmark reduced their price objective on Qualcomm from $300.00 to $270.00 and set a "buy" rating on the stock in a research note on Monday, July 27th. Robert W. Baird set a $400.00 target price on Qualcomm in a research note on Thursday, July 30th. JPMorgan Chase & Co. raised their target price on Qualcomm from $160.00 to $265.00 and gave the company a "neutral" rating in a report on Friday, June 5th. Monness Crespi & Hardt raised Qualcomm to a "buy" rating in a research report on Thursday, June 25th. Finally, Lake Street Capital cut Qualcomm to a "hold" rating in a report on Thursday, June 25th. Two equities research analysts have rated the stock with a Strong Buy rating, thirteen have issued a Buy rating, twenty have issued a Hold rating and two have given a Sell rating to the company's stock. According to data from MarketBeat.com, Qualcomm currently has an average rating of "Hold" and a consensus target price of $203.76.
Check Out Our Latest Analysis on QCOM
Insider Activity
In other Qualcomm news, EVP Akash J. Palkhiwala sold 2,500 shares of the business's stock in a transaction on Wednesday, August 12th. The shares were sold at an average price of $163.26, for a total transaction of $408,150.00. Following the completion of the sale, the executive vice president owned 20,684 shares in the company, valued at $3,376,869.84. The trade was a 10.78% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CAO Patricia Y. Grech sold 208 shares of the stock in a transaction on Monday, August 31st. The stock was sold at an average price of $170.00, for a total transaction of $35,360.00. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last ninety days, insiders sold 11,533 shares of company stock worth $1,961,219. 0.05% of the stock is currently owned by insiders.
Key Headlines Impacting Qualcomm
Here are the key news stories impacting Qualcomm this week:
- Positive Sentiment: Qualcomm is backing a $70 million funding round for Ultrahuman, supporting development of smart rings powered by Qualcomm chips. The devices are expected to run on-device AI, software and gesture-control functions, expanding Qualcomm’s reach beyond smartphones into advanced wearables. Why Is Qualcomm Backing a $70 Million Bet on Smart Rings?
- Positive Sentiment: Qualcomm raised its quarterly dividend by 3.4% to $0.92 per share, representing roughly $983 million in shareholder distributions and reinforcing its appeal to income-focused investors. Qualcomm Raises Quarterly Dividend
- Positive Sentiment: One Wall Street analyst sees substantial upside after Qualcomm’s steep three-month decline, while other valuation commentary describes the stock as inexpensive on earnings-based measures. The bullish case centers on growth in automotive, AI, data centers and edge computing. Qualcomm Analyst Sees 140% Upside
- Neutral Sentiment: Qualcomm benefited modestly from a broader rebound in beaten-down AI semiconductor stocks, although the move was less pronounced than in some peers such as Marvell. Marvell Rises as AI Silicon Rebounds
- Negative Sentiment: Recent analysis warns that Qualcomm’s long-term AI and automotive ambitions must overcome a near-term smartphone reality check, including potential pressure from Apple’s modem transition. Japan robotics investments offer diversification but could weigh on margins while estimates remain under pressure. Qualcomm Japan Robotics and Edge AI Analysis
- Negative Sentiment: Reports of insider selling recently pressured sentiment, highlighting investor caution after Qualcomm’s extended decline and amid uncertainty over its earnings outlook. Qualcomm Trading Down After Insider Selling
Qualcomm Stock Performance
Shares of QCOM stock opened at $168.74 on Monday. The company has a debt-to-equity ratio of 0.46, a quick ratio of 1.28 and a current ratio of 2.02. Qualcomm Incorporated has a one year low of $121.99 and a one year high of $259.92. The company's 50-day simple moving average is $169.05 and its 200-day simple moving average is $169.86. The stock has a market capitalization of $177.22 billion, a price-to-earnings ratio of 19.53, a PEG ratio of 3.52 and a beta of 1.68.
Qualcomm (NASDAQ:QCOM - Get Free Report) last announced 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). Qualcomm had a net margin of 21.01% and a return on equity of 38.36%. The firm had revenue of $9.95 billion during the quarter, compared to the consensus estimate of $9.69 billion. During the same period in the prior year, the firm earned $2.77 earnings per share. The firm's quarterly revenue was down 4.0% compared to the same quarter last year. Qualcomm has set its Q4 2026 guidance at 2.050-2.250 EPS. Equities analysts anticipate that Qualcomm Incorporated will post 7.74 earnings per share for the current fiscal year.
Qualcomm Announces Dividend
The company also recently declared a quarterly dividend, which will be paid on Thursday, September 24th. Stockholders of record on Thursday, September 3rd will be issued a $0.92 dividend. This represents a $3.68 dividend on an annualized basis and a dividend yield of 2.2%. The ex-dividend date is Thursday, September 3rd. Qualcomm's payout ratio is 42.59%.
Qualcomm Profile
(
Free Report)
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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