Seizert Capital Partners LLC Trims Stock Position in Qualcomm Incorporated $QCOM

Key Points

• Seizert Capital trimmed its Qualcomm stake by 1.8%, selling 8,350 shares and now holds 446,271 shares worth $76.34M, about 3.2% of the fund and its third-largest position.
• Qualcomm slightly beat Q2 estimates with $2.65 EPS (vs. $2.56 expected) on $10.6B revenue, but issued a cautious Q3 guide (EPS $2.10–$2.30) and warned of memory‑supply pressure that could weigh on handset demand.
• The board authorized a $20 billion buyback (up to ~14.5% of shares) and raised the quarterly dividend to $0.92 (≈2.1% yield), boosting capital returns despite mixed near‑term outlook.

Seizert Capital Partners LLC trimmed its position in Qualcomm Incorporated (NASDAQ:QCOM - Free Report) by 1.8% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 446,271 shares of the wireless technology company's stock after selling 8,350 shares during the quarter. Qualcomm makes up approximately 3.2% of Seizert Capital Partners LLC's holdings, making the stock its 3rd largest position. Seizert Capital Partners LLC's holdings in Qualcomm were worth $76,335,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in QCOM. Cloud Capital Management LLC acquired a new position in Qualcomm in the third quarter worth $27,000. Richardson Financial Services Inc. raised its holdings in shares of Qualcomm by 90.9% during the fourth quarter. Richardson Financial Services Inc. now owns 168 shares of the wireless technology company's stock worth $29,000 after purchasing an additional 80 shares during the period. Torren Management LLC bought a new position in shares of Qualcomm in the 4th quarter worth about $29,000. Glass Jacobson Investment Advisors llc lifted its position in shares of Qualcomm by 113.5% in the 4th quarter. Glass Jacobson Investment Advisors llc now owns 190 shares of the wireless technology company's stock worth $32,000 after buying an additional 101 shares during the last quarter. Finally, Board of the Pension Protection Fund acquired a new position in shares of Qualcomm in the 4th quarter valued at about $34,000. 74.35% of the stock is owned by institutional investors and hedge funds.

Qualcomm Stock Performance

Shares of NASDAQ QCOM opened at $177.00 on Monday. The stock has a fifty day moving average price of $135.69 and a two-hundred day moving average price of $155.24. The company has a debt-to-equity ratio of 0.54, a quick ratio of 1.61 and a current ratio of 2.37. The firm has a market cap of $188.85 billion, a P/E ratio of 19.24, a PEG ratio of 21.42 and a beta of 1.49. Qualcomm Incorporated has a 1 year low of $121.99 and a 1 year high of $205.95.

Qualcomm (NASDAQ:QCOM - Get Free Report) last posted its quarterly earnings data on Wednesday, April 29th. The wireless technology company reported $2.65 EPS for the quarter, topping analysts' consensus estimates of $2.56 by $0.09. The company had revenue of $10.60 billion for the quarter, compared to the consensus estimate of $10.59 billion. Qualcomm had a return on equity of 42.11% and a net margin of 22.31%.The company's quarterly revenue was down 3.5% compared to the same quarter last year. During the same quarter in the previous year, the business earned $2.85 EPS. Qualcomm has set its Q3 2026 guidance at 2.100-2.300 EPS. Research analysts forecast that Qualcomm Incorporated will post 8.18 EPS for the current fiscal year.

Qualcomm announced that its board has initiated a stock buyback program on Tuesday, March 17th that authorizes the company to buyback $20.00 billion in outstanding shares. This buyback authorization authorizes the wireless technology company to buy up to 14.5% of its stock through open market purchases. Stock buyback programs are often an indication that the company's management believes its shares are undervalued.

Qualcomm Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, June 25th. Stockholders of record on Thursday, June 4th will be given a dividend of $0.92 per share. This is a positive change from Qualcomm's previous quarterly dividend of $0.89. The ex-dividend date is Thursday, June 4th. This represents a $3.68 annualized dividend and a dividend yield of 2.1%. Qualcomm's payout ratio is 40.00%.

Insider Transactions at Qualcomm

In related news, CAO Patricia Y. Grech sold 192 shares of the business's stock in a transaction that occurred on Thursday, April 30th. The shares were sold at an average price of $172.00, for a total value of $33,024.00. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Heather S. Ace sold 3,200 shares of the company's stock in a transaction on Monday, February 9th. The shares were sold at an average price of $137.00, for a total value of $438,400.00. Following the completion of the transaction, the executive vice president directly owned 16,393 shares in the company, valued at $2,245,841. This represents a 16.33% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 9,310 shares of company stock valued at $1,266,729 in the last quarter. Insiders own 0.05% of the company's stock.

Wall Street Analysts Forecast Growth

Several equities research analysts recently weighed in on QCOM shares. Royal Bank Of Canada increased their price objective on shares of Qualcomm from $150.00 to $175.00 and gave the stock a "sector perform" rating in a research note on Thursday. Citigroup upped their target price on Qualcomm from $140.00 to $160.00 and gave the company a "neutral" rating in a report on Thursday. Loop Capital upgraded Qualcomm from a "hold" rating to a "buy" rating and set a $185.00 price target on the stock in a research report on Tuesday, February 24th. Mizuho cut their price target on Qualcomm from $160.00 to $140.00 and set a "neutral" rating on the stock in a report on Thursday, February 5th. Finally, DZ Bank upgraded Qualcomm to a "strong-buy" rating in a research note on Tuesday, February 10th. One investment analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating, fifteen have assigned a Hold rating and four have issued a Sell rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of "Hold" and an average price target of $172.40.

Trending Headlines about Qualcomm

Here are the key news stories impacting Qualcomm this week:

• Positive Sentiment: Q2 beat and segment strength — Qualcomm topped EPS expectations and showed strong automotive/licensing performance, which supports near‑term earnings quality and helped fuel the recent rally. Qualcomm (QCOM) Posts Stellar Q2
• Positive Sentiment: Data‑center/hyperscaler validation — CEO commentary that Qualcomm will ship custom data‑center chips to a “large hyperscaler” this year materially changed the narrative and underpins hopes for a new, higher‑growth revenue stream. Reuters: Qualcomm shares jump
• Positive Sentiment: Analyst support — Multiple firms raised targets or reaffirmed buy ratings (e.g., Benchmark, Rosenblatt, Summit Insights upgrade), which added fuel to the rally and legitimized the AI/data‑center story. Wall Street Lifts Qualcomm Price Target
• Neutral Sentiment: Technicals and momentum — Chart signals show an overbought setup after the rapid rally; that attracts momentum buyers but raises short‑term pullback risk. Barron's: Technicals
• Neutral Sentiment: Capital returns — Ongoing buyback authorization and a raised quarterly dividend support shareholder returns, a stabilizing factor for valuation. MarketBeat: QCOM summary
• Negative Sentiment: Below‑consensus Q3 guide & memory shortage — Qualcomm guided Q3 revenue/EPS below Street expectations and pointed to a memory supply issue that could pressure handset demand, which triggered the initial post‑earnings weakness. Reuters: Forecast underwhelms
• Negative Sentiment: Insider sale disclosure — A CAO disclosed a small Rule 10b5‑1 sale (192 shares); minimal on its own but noted by some data aggregators amid high‑volume trading. InsiderTrades: Insider sale

About Qualcomm

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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