Wealth Enhancement Trust Services Inc. Invests $1.23 Million in Qualcomm Incorporated $QCOM

Key Points

• Wealth Enhancement Trust Services bought 7,192 shares of Qualcomm in Q4—about $1.23 million—as part of broad institutional activity that leaves institutions owning roughly 74.35% of the stock.
• Qualcomm beat Q4 estimates (EPS $3.50 on $12.25B revenue) and set Q2 guidance of $2.45–$2.65, while authorizing a $20 billion share buyback (≈14.5% of shares) and raising the quarterly dividend to $0.92, highlighting a focus on shareholder returns.

Wealth Enhancement Trust Services Inc. acquired a new stake in Qualcomm Incorporated (NASDAQ:QCOM - Free Report) in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 7,192 shares of the wireless technology company's stock, valued at approximately $1,230,000.

A number of other large investors have also added to or reduced their stakes in QCOM. Wellington Management Group LLP grew its holdings in Qualcomm by 141.8% during the 3rd quarter. Wellington Management Group LLP now owns 12,437,240 shares of the wireless technology company's stock worth $2,069,059,000 after acquiring an additional 7,292,783 shares during the last quarter. Dimensional Fund Advisors LP raised its stake in shares of Qualcomm by 36.8% during the third quarter. Dimensional Fund Advisors LP now owns 6,552,427 shares of the wireless technology company's stock valued at $1,090,025,000 after acquiring an additional 1,764,252 shares during the last quarter. Viking Global Investors LP raised its stake in shares of Qualcomm by 120.1% during the second quarter. Viking Global Investors LP now owns 3,152,866 shares of the wireless technology company's stock valued at $502,125,000 after acquiring an additional 1,720,529 shares during the last quarter. Rafferty Asset Management LLC lifted its holdings in shares of Qualcomm by 59.1% during the second quarter. Rafferty Asset Management LLC now owns 4,418,406 shares of the wireless technology company's stock worth $703,675,000 after purchasing an additional 1,641,068 shares during the period. Finally, Van ECK Associates Corp lifted its holdings in shares of Qualcomm by 18.3% during the third quarter. Van ECK Associates Corp now owns 9,050,717 shares of the wireless technology company's stock worth $1,505,677,000 after purchasing an additional 1,397,466 shares during the period. Institutional investors own 74.35% of the company's stock.

Qualcomm Stock Performance

Shares of QCOM stock opened at $136.20 on Friday. The firm has a 50 day moving average of $134.48 and a 200-day moving average of $156.40. The company has a market cap of $145.33 billion, a price-to-earnings ratio of 28.14 and a beta of 1.28. The company has a quick ratio of 1.83, a current ratio of 2.51 and a debt-to-equity ratio of 0.64. Qualcomm Incorporated has a 52 week low of $121.99 and a 52 week high of $205.95.

Qualcomm (NASDAQ:QCOM - Get Free Report) last released its earnings results on Wednesday, February 4th. The wireless technology company reported $3.50 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $3.38 by $0.12. The company had revenue of $12.25 billion for the quarter, compared to the consensus estimate of $12.16 billion. Qualcomm had a net margin of 11.96% and a return on equity of 44.09%. Qualcomm's quarterly revenue was up 4.7% compared to the same quarter last year. During the same quarter in the previous year, the company earned $3.41 EPS. Qualcomm has set its Q2 2026 guidance at 2.450-2.650 EPS. On average, equities analysts forecast that Qualcomm Incorporated will post 9.39 earnings per share for the current year.

Qualcomm declared that its Board of Directors has authorized a share repurchase program on Tuesday, March 17th that permits the company to buyback $20.00 billion in outstanding shares. This buyback authorization permits the wireless technology company to purchase up to 14.5% of its shares through open market purchases. Shares buyback programs are typically a sign that the company's leadership believes its shares are undervalued.

Qualcomm Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, June 25th. Stockholders of record on Thursday, June 4th will be issued a dividend of $0.92 per share. This is an increase from Qualcomm's previous quarterly dividend of $0.89. This represents a $3.68 annualized dividend and a dividend yield of 2.7%. The ex-dividend date is Thursday, June 4th. Qualcomm's dividend payout ratio (DPR) is currently 76.03%.

Insider Activity

In related news, EVP Heather S. Ace sold 3,200 shares of the business'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 directly owned 16,393 shares of the company's stock, valued at $2,245,841. The trade was a 16.33% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, EVP Akash J. Palkhiwala sold 3,333 shares of the company's stock in a transaction that occurred on Friday, February 6th. The stock was sold at an average price of $137.65, for a total value of $458,787.45. Following the transaction, the executive vice president directly 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 SEC filing for this sale provides additional information. Insiders have sold 9,118 shares of company stock worth $1,233,705 in the last quarter. Company insiders own 0.05% of the company's stock.

Key Stories Impacting Qualcomm

Here are the key news stories impacting Qualcomm this week:

• Positive Sentiment: Board approved a quarterly cash dividend of $0.92 per share (record June 4, payable June 25), which supports income investors and signals confidence in cash flow. Qualcomm Announces Quarterly Cash Dividend
• Positive Sentiment: Qualcomm expanded its XR/mobile AI footprint with a multi‑year deal to supply Snapdragon XR processors to Snap’s Specs unit — strengthens QCOM’s positioning in AI wearables and adjacent compute markets. Qualcomm (QCOM) Makes A Strategic Bet That Could Matter More Than It Seems
• Positive Sentiment: Management is deepening automotive ambitions (direct investment in Wayve; expanded Bosch collaboration) to supply vehicle compute/ADAS platforms — a structural growth avenue beyond smartphones. Qualcomm’s Automotive Push Adds New Layer To QCOM Investment Story
• Positive Sentiment: Some analysts/investors view QCOM as attractively valued relative to fast‑rising peers, arguing the selloff creates a buying opportunity if mobile recovery and new verticals gain traction. Qualcomm: Rare Value In An Otherwise Inflated Sector
• Neutral Sentiment: Balanced bull/bear price‑case pieces highlight that upside depends on handset cycles, RF demand and execution in automotive/AI, so short‑term moves may be volatile. Qualcomm Stock Price Prediction: Bull and Bear Case
• Neutral Sentiment: Longer‑term thesis is mixed in market commentary — some outlets praise positioning while warning industry headwinds could cap near‑term growth. Could Qualcomm Stock be One of the Best Semiconductor Stocks to Buy Today?
• Negative Sentiment: JPMorgan cut QCOM from Overweight to Neutral, placed it on a negative‑catalyst watch and slashed the price target (cites smartphone/visibility concerns) — a high‑profile downgrade that can pressure sentiment and multiple compression. JPMorgan Downgrades Qualcomm and Puts It on Negative Watch: Is the Smartphone Giant’s Best Days Behind It?
• Negative Sentiment: Analyst downgrades and relative underperformance versus peers (QCOM roughly flat over 12 months while peers rallied) keep selling pressure and raise execution expectations. Qualcomm: Rare Value In An Otherwise Inflated Sector

Analyst Ratings Changes

A number of research firms recently weighed in on QCOM. The Goldman Sachs Group started coverage on Qualcomm in a report on Monday, March 30th. They issued a "neutral" rating and a $135.00 price objective for the company. Cantor Fitzgerald cut their target price on Qualcomm from $185.00 to $160.00 and set a "neutral" rating on the stock in a report on Monday, February 2nd. Robert W. Baird set a $177.00 price target on Qualcomm in a research report on Thursday, February 5th. Sanford C. Bernstein reissued a "market perform" rating and issued a $140.00 price target (down from $175.00) on shares of Qualcomm in a research note on Thursday, March 26th. Finally, Weiss Ratings restated a "hold (c)" rating on shares of Qualcomm in a research report on Friday, March 27th. One investment analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating, thirteen have issued a Hold rating and three have issued a Sell rating to the company. According to MarketBeat, Qualcomm currently has a consensus rating of "Hold" and an average target price of $159.91.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.