Wellington Management Group LLP Has $2.07 Billion Position in Qualcomm Incorporated $QCOM

Key Points

• Wellington Management increased its Qualcomm stake by 141.8% in Q3 to 12,437,240 shares, representing a 1.16% ownership worth about $2.07 billion.
• Qualcomm beat the quarter's estimates with EPS of $3.50 and revenue of $12.25 billion (+4.7% YoY), set Q2 2026 EPS guidance of $2.45–$2.65, and announced a quarterly dividend of $0.89 (annualized $3.56, ~2.7% yield).
• Company insiders have been net sellers recently — executives sold notable blocks (e.g., Alexander H. Rogers and Akash J. Palkhiwala) and insiders disposed of 45,501 shares worth about $7.78 million over the last 90 days, with insiders now owning 0.05% of the stock.

Wellington Management Group LLP lifted its holdings in Qualcomm Incorporated (NASDAQ:QCOM - Free Report) by 141.8% during the third quarter, according to its most recent Form 13F filing with the SEC. The firm owned 12,437,240 shares of the wireless technology company's stock after purchasing an additional 7,292,783 shares during the period. Wellington Management Group LLP owned 1.16% of Qualcomm worth $2,069,059,000 as of its most recent filing with the SEC.

Several other large investors have also made changes to their positions in the business. Harbor Capital Advisors Inc. grew its holdings in Qualcomm by 72.2% in the 3rd quarter. Harbor Capital Advisors Inc. now owns 155 shares of the wireless technology company's stock valued at $26,000 after buying an additional 65 shares during the last quarter. Cloud Capital Management LLC acquired a new position in shares of Qualcomm during the third quarter worth approximately $27,000. Winnow Wealth LLC acquired a new position in shares of Qualcomm during the second quarter worth approximately $32,000. Lavaca Capital LLC bought a new stake in shares of Qualcomm in the second quarter valued at approximately $32,000. Finally, Howard Hughes Medical Institute bought a new stake in shares of Qualcomm in the second quarter valued at approximately $38,000. Institutional investors and hedge funds own 74.35% of the company's stock.

Insider Buying and Selling at Qualcomm

In other Qualcomm news, EVP Alexander H. Rogers sold 15,917 shares of the firm's stock in a transaction dated Tuesday, December 16th. The shares were sold at an average price of $178.01, for a total transaction of $2,833,385.17. Following the completion of the transaction, the executive vice president owned 26,071 shares in the company, valued at $4,640,898.71. This trade represents a 37.91% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, EVP Akash J. Palkhiwala sold 10,000 shares of Qualcomm stock in a transaction that occurred on Thursday, December 18th. The shares were sold at an average price of $175.12, for a total value of $1,751,200.00. Following the sale, the executive vice president directly owned 44,803 shares in the company, valued at $7,845,901.36. The trade was a 18.25% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last ninety days, insiders sold 45,501 shares of company stock worth $7,784,198. 0.05% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

Several equities analysts recently commented on QCOM shares. Wall Street Zen cut shares of Qualcomm from a "buy" rating to a "hold" rating in a research note on Tuesday, December 9th. Wells Fargo & Company upgraded shares of Qualcomm from an "underweight" rating to an "equal weight" rating and raised their price target for the stock from $135.00 to $185.00 in a research report on Tuesday, February 24th. Citigroup restated a "neutral" rating on shares of Qualcomm in a report on Thursday, January 15th. Sanford C. Bernstein reaffirmed an "outperform" rating and set a $200.00 price objective on shares of Qualcomm in a research report on Monday, February 2nd. Finally, TD Cowen reduced their target price on shares of Qualcomm from $190.00 to $150.00 and set a "buy" rating for the company in a research note on Thursday, February 5th. One research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating, nine have assigned a Hold rating and three have issued a Sell rating to the company's stock. According to data from MarketBeat.com, the company currently has an average rating of "Hold" and a consensus price target of $168.00.

Qualcomm Stock Down 1.0%

Shares of QCOM stock opened at $129.82 on Friday. Qualcomm Incorporated has a one year low of $120.80 and a one year high of $205.95. The company has a debt-to-equity ratio of 0.64, a current ratio of 2.51 and a quick ratio of 1.83. The stock has a fifty day moving average price of $149.54 and a 200 day moving average price of $162.34. The stock has a market cap of $138.52 billion, a P/E ratio of 26.82, a price-to-earnings-growth ratio of 6.55 and a beta of 1.25.

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

Qualcomm Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, March 26th. Investors of record on Thursday, March 5th will be paid a $0.89 dividend. The ex-dividend date of this dividend is Thursday, March 5th. This represents a $3.56 dividend on an annualized basis and a yield of 2.7%. Qualcomm's payout ratio is presently 73.55%.

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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