Railway Pension Investments Ltd Has $179.11 Million Holdings in Qualcomm Incorporated $QCOM

Key Points

• Railway Pension Investments Ltd boosted its Qualcomm stake by 491.6% in the fourth quarter, ending with 1,047,100 shares valued at about $179.1 million.
• Qualcomm reported better-than-expected quarterly earnings, with EPS of $2.65 topping estimates, and the company has also issued Q3 guidance of $2.10 to $2.30 EPS.
• The company increased its quarterly dividend to $0.92 per share and has a $20 billion share repurchase authorization, while analysts currently rate the stock a consensus Hold.

Railway Pension Investments Ltd grew its holdings in shares of Qualcomm Incorporated (NASDAQ:QCOM - Free Report) by 491.6% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 1,047,100 shares of the wireless technology company's stock after purchasing an additional 870,100 shares during the period. Qualcomm comprises 2.1% of Railway Pension Investments Ltd's holdings, making the stock its 17th largest holding. Railway Pension Investments Ltd owned 0.10% of Qualcomm worth $179,106,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently made changes to their positions in QCOM. Brighton Jones LLC grew its position in shares of Qualcomm by 116.6% during the 4th quarter. Brighton Jones LLC now owns 17,356 shares of the wireless technology company's stock worth $2,666,000 after purchasing an additional 9,343 shares in the last quarter. Revolve Wealth Partners LLC grew its position in shares of Qualcomm by 15.4% during the 4th quarter. Revolve Wealth Partners LLC now owns 2,542 shares of the wireless technology company's stock worth $391,000 after purchasing an additional 340 shares in the last quarter. Sivia Capital Partners LLC grew its position in shares of Qualcomm by 44.3% during the 2nd quarter. Sivia Capital Partners LLC now owns 3,325 shares of the wireless technology company's stock worth $530,000 after purchasing an additional 1,020 shares in the last quarter. Main Street Financial Solutions LLC grew its position in shares of Qualcomm by 6.1% during the 2nd quarter. Main Street Financial Solutions LLC now owns 5,778 shares of the wireless technology company's stock worth $920,000 after purchasing an additional 333 shares in the last quarter. Finally, Transamerica Financial Advisors LLC grew its position in shares of Qualcomm by 9.7% during the 2nd quarter. Transamerica Financial Advisors LLC now owns 6,800 shares of the wireless technology company's stock worth $1,083,000 after purchasing an additional 603 shares in the last quarter. Institutional investors and hedge funds own 74.35% of the company's stock.

Insider Activity at Qualcomm

In other Qualcomm news, EVP Akash J. Palkhiwala sold 2,500 shares of the firm's stock in a transaction that occurred on Tuesday, May 12th. The shares were sold at an average price of $211.90, for a total value of $529,750.00. Following the sale, the executive vice president owned 28,184 shares in the company, valued at $5,972,189.60. This trade represents a 8.15% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, 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 829 shares of the firm's stock in a transaction that occurred on Thursday, May 21st. The shares were sold at an average price of $201.77, for a total transaction of $167,267.33. 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 three months, insiders have sold 19,306 shares of company stock worth $3,435,583. Corporate insiders own 0.05% of the company's stock.

Qualcomm Stock Performance

NASDAQ QCOM opened at $251.02 on Friday. The company has a current ratio of 2.37, a quick ratio of 1.61 and a debt-to-equity ratio of 0.54. The firm has a market capitalization of $264.58 billion, a price-to-earnings ratio of 27.28, a P/E/G ratio of 31.09 and a beta of 1.49. The firm's 50 day simple moving average is $166.07 and its 200 day simple moving average is $161.25. 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 issued its earnings results on Wednesday, April 29th. The wireless technology company reported $2.65 earnings per share for the quarter, beating analysts' consensus estimates of $2.56 by $0.09. Qualcomm had a net margin of 22.31% and a return on equity of 42.11%. The firm had revenue of $10.60 billion for the quarter, compared to analyst estimates of $10.59 billion. During the same quarter last year, the business posted $2.85 earnings per share. The company's quarterly revenue was down 3.5% on a year-over-year basis. Qualcomm has set its Q3 2026 guidance at 2.100-2.300 EPS. As a group, research analysts expect that Qualcomm Incorporated will post 7.99 earnings per share for the current fiscal year.

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

Qualcomm Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, June 25th. Shareholders of record on Thursday, June 4th will be given a $0.92 dividend. This is an increase from Qualcomm's previous quarterly dividend of $0.89. This represents a $3.68 dividend on an annualized basis and a yield of 1.5%. The ex-dividend date is Thursday, June 4th. Qualcomm's dividend payout ratio (DPR) is 40.00%.

Analyst Upgrades and Downgrades

A number of research analysts have issued reports on QCOM shares. HSBC assumed coverage on shares of Qualcomm in a research report on Friday, May 8th. They set a "buy" rating on the stock. Craig Hallum upgraded shares of Qualcomm to a "buy" rating in a research report on Friday, May 8th. Wells Fargo & Company lowered shares of Qualcomm from a "positive" rating to an "underweight" rating in a research report on Friday, May 8th. The Goldman Sachs Group assumed coverage on shares of Qualcomm in a research report on Monday, March 30th. They set a "neutral" rating and a $135.00 price target on the stock. Finally, Cantor Fitzgerald increased their price target on shares of Qualcomm from $135.00 to $150.00 and gave the stock a "neutral" rating in a research report on Thursday, April 30th. Fourteen research analysts have rated the stock with a Buy rating, sixteen have assigned a Hold rating and four have assigned a Sell rating to the stock. According to data from MarketBeat.com, Qualcomm presently has a consensus rating of "Hold" and a consensus price target of $181.79.

Trending Headlines about Qualcomm

Here are the key news stories impacting Qualcomm this week:

• Positive Sentiment: Qualcomm’s recently reported earnings continue to support the stock, with shares still well above the level seen immediately after the last results. A Zacks note asks whether the post-earnings rally can continue, signaling ongoing investor optimism around the company’s momentum. Qualcomm (QCOM) Up 35.5% Since Last Earnings Report: Can It Continue?
• Positive Sentiment: Several reports say Qualcomm quietly signed a major AI-related deal with ByteDance, which investors view as a meaningful growth catalyst and evidence that Qualcomm is gaining traction in AI chips and related computing opportunities. While Nvidia battles AMD, Qualcomm quietly signed the biggest AI deal in its history with ByteDance
• Positive Sentiment: Related coverage highlighted Qualcomm’s stock hitting record highs after the ByteDance deal, reinforcing the market’s view that the agreement could expand Qualcomm’s AI revenue prospects. Qualcomm stock just hit new record highs. Investors can thank a ByteDance deal.
• Positive Sentiment: Another article framed the ByteDance agreement as an eye-catching strategic move, suggesting Qualcomm is being re-rated as more than just a handset chip supplier. Qualcomm makes eye-catching move with TikTok parent deal
• Neutral Sentiment: Qualcomm also presented at Bernstein’s Strategic Decisions Conference, but the transcript itself does not point to a clear new catalyst in the provided summary. QUALCOMM Incorporated (QCOM) Presents at Bernstein 42nd Annual Strategic Decisions Conference Transcript
• Negative Sentiment: One report warned that Apple’s in-house modem chips could threaten Qualcomm’s major customer base over time, which raises a structural risk for future smartphone-related revenue. Apple’s In-House Modem Chips Threaten Qualcomm’s (QCOM) Major Customer Base

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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