Qualcomm Incorporated $QCOM Stock Bought by Robeco Schweiz AG

Key Points

• Robeco Schweiz AG increased its Qualcomm stake by 11.6% in the third quarter to 156,569 shares valued at approximately $28.8 million. Institutional investors collectively own 74.35% of QCOM.
• Analyst sentiment remains mixed: Qualcomm has an average “Hold” rating and a consensus price target of $205.83, while recent recommendations range from “Strong Buy” to “Sell.” Shares opened at $175.91, near their 50-day moving average.
• Qualcomm reported quarterly revenue of $9.95 billion, above estimates, but EPS of $2.21 slightly missed expectations and revenue declined 4% year over year. The company declared a quarterly dividend of $0.92 per share, representing a 2.1% yield, while handset weakness and insider selling remain risks.

Robeco Schweiz AG lifted its holdings in Qualcomm Incorporated (NASDAQ:QCOM - Free Report) by 11.6% during the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 156,569 shares of the wireless technology company's stock after acquiring an additional 16,324 shares during the period. Robeco Schweiz AG's holdings in Qualcomm were worth $28,815,000 as of its most recent filing with the SEC.

A number of other hedge funds have also bought and sold shares of the business. BlackRock Inc. acquired a new stake in Qualcomm in the 2nd quarter worth about $17,583,115,000. Bank of New York Mellon Corp acquired a new position in shares of Qualcomm during the 2nd quarter worth approximately $1,523,930,000. Deutsche Bank AG acquired a new position in shares of Qualcomm during the 2nd quarter worth approximately $1,178,349,000. Amundi grew its position in shares of Qualcomm by 94.1% during the 2nd quarter. Amundi now owns 10,195,741 shares of the wireless technology company's stock worth $1,884,071,000 after purchasing an additional 4,942,908 shares in the last quarter. Finally, 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 worth $3,178,872,000 after purchasing an additional 3,179,720 shares during the period. 74.35% of the stock is owned by institutional investors.

Insider Buying and Selling

In related news, CEO Cristiano Amon sold 10,000 shares of Qualcomm stock in a transaction that occurred on Friday, September 25th. The shares were sold at an average price of $200.00, for a total transaction of $2,000,000.00. Following the sale, the chief executive officer directly owned 177,568 shares of the company's stock, valued at approximately $35,513,600. The trade was a 5.33% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Akash Palkhiwala sold 2,500 shares of the company's stock in a transaction that occurred on Tuesday, October 20th. The stock was sold at an average price of $175.06, for a total transaction of $437,650.00. Following the transaction, the executive vice president owned 20,799 shares of the company's stock, valued at approximately $3,641,072.94. This represents a 10.73% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 33,458 shares of company stock worth $6,198,144 in the last quarter. Corporate insiders own 0.05% of the company's stock.

Analyst Ratings Changes

QCOM has been the subject of a number of analyst reports. Morgan Stanley dropped their price target on shares of Qualcomm from $231.00 to $220.00 and set an "equal weight" rating for the company in a research report on Thursday, July 30th. KeyCorp reissued a "sector weight" rating on shares of Qualcomm in a research report on Wednesday, September 9th. Rosenblatt Securities reissued a "buy" rating and set a $235.00 price target on shares of Qualcomm in a research report on Wednesday, September 9th. Arete Research upgraded Qualcomm to a "strong-buy" rating in a research note on Friday, October 16th. Finally, Sanford C. Bernstein reaffirmed a "market perform" rating on shares of Qualcomm in a report on Wednesday, September 9th. Three research analysts have rated the stock with a Strong Buy rating, twelve have given a Buy rating, twenty-one have given a Hold rating and three have assigned a Sell rating to the company. Based on data from MarketBeat.com, Qualcomm has an average rating of "Hold" and a consensus price target of $205.83.

Qualcomm Stock Performance

Shares of NASDAQ:QCOM opened at $175.91 on Friday. The company's 50 day simple moving average is $176.17 and its 200 day simple moving average is $181.00. The stock has a market capitalization of $187.84 billion, a price-to-earnings ratio of 20.36, a price-to-earnings-growth ratio of 3.96 and a beta of 1.65. The company has a debt-to-equity ratio of 0.46, a current ratio of 2.02 and a quick ratio of 1.28. Qualcomm Incorporated has a 1 year low of $121.99 and a 1 year high of $259.92.

Qualcomm (NASDAQ:QCOM - Get Free Report) last released its earnings results on Wednesday, July 29th. The wireless technology company reported $2.21 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $2.23 by ($0.02). Qualcomm had a net margin of 21.01% and a return on equity of 38.36%. The business had revenue of $9.95 billion during the quarter, compared to the consensus estimate of $9.69 billion. During the same quarter in the prior year, the firm earned $2.77 EPS. The business's revenue was down 4.0% on a year-over-year basis. Qualcomm has set its Q4 2026 guidance at 2.050-2.250 EPS. As a group, research analysts predict that Qualcomm Incorporated will post 7.71 EPS for the current fiscal year.

Qualcomm Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, December 17th. Stockholders of record on Thursday, December 3rd will be paid a $0.92 dividend. This represents a $3.68 dividend on an annualized basis and a dividend yield of 2.1%. The ex-dividend date is Thursday, December 3rd. Qualcomm's dividend payout ratio (DPR) is presently 42.59%.

Key Headlines Impacting Qualcomm

Here are the key news stories impacting Qualcomm this week:

• Positive Sentiment: ETFs recorded approximately $141.5 million in net Qualcomm purchases on Tuesday, followed by additional ETF buying reported for October 21. Passive and institutional demand can provide near-term support for QCOM. Qualcomm sees $141.5 million in net ETF buying
• Positive Sentiment: An analyst upgrade and a higher price target of $200 signal improving sentiment and suggest potential upside from current valuation levels. Qualcomm stock jumps on analyst upgrade Qualcomm price target raised to $200
• Positive Sentiment: A bullish investment thesis argues Qualcomm is being undervalued as it builds businesses in automotive, data centers and custom silicon, potentially making it a longer-term artificial-intelligence beneficiary rather than solely a handset-chip company. This chip stock could be a sleeper AI winner
• Positive Sentiment: Qualcomm declared a quarterly dividend of $0.92 per share, or $3.68 annualized, representing an approximately 2.1% yield and reinforcing its shareholder-return appeal. Qualcomm declares quarterly dividend
• Neutral Sentiment: Qualcomm will release fiscal fourth-quarter and full-year 2026 results after the market closes on November 4. The report and guidance are the next major catalysts for the stock. Qualcomm schedules fiscal 2026 earnings release
• Neutral Sentiment: Coverage from 37 analysts highlights substantial investor attention ahead of earnings, while a valuation review says the shares are near fair value after strong long-term gains. Qualcomm schedules November results Qualcomm stock remains near fair value
• Negative Sentiment: Erste Group cut its fiscal 2027 EPS forecast to $7.28 from $7.31, below the broader consensus estimate of $7.71, indicating modest pressure on forward earnings expectations. Qualcomm earnings estimate cut
• Negative Sentiment: Qualcomm’s executive vice president sold approximately $437,650 of company stock, which may weigh modestly on sentiment, although a single insider transaction is not necessarily a change in business outlook. Qualcomm insider selling
• Negative Sentiment: Comparisons with Intel point to Qualcomm’s more uneven revenue trend and recent sequential declines. Reports also describe automotive growth being offset by pressure on handset earnings, keeping smartphone weakness a key risk. Intel versus Qualcomm revenue comparison Qualcomm automotive growth and handset pressure

Qualcomm Company Profile

Qualcomm Incorporated is a technology company that develops and commercializes wireless communications and semiconductor technologies. Through Qualcomm Technologies, Inc, the company designs integrated circuits, system software and related platforms used in smartphones, personal computers, automobiles, industrial equipment, consumer devices and other connected products. Its Snapdragon platforms support mobile computing, connectivity, artificial intelligence and multimedia applications, while its broader portfolio includes radio-frequency systems, networking and edge-computing technologies.

Qualcomm also operates a significant technology-licensing business through its Qualcomm Technology Licensing segment.

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