World Investment Advisors Acquires 8,130 Shares of Qualcomm Incorporated $QCOM

Key Points

• World Investment Advisors boosted its Qualcomm stake by 14.3%, buying 8,130 shares to hold 64,911 shares worth $11.103 million.
• Qualcomm's board authorized a $20.00 billion share buyback (up to ~14.5% of shares) and raised the quarterly dividend to $0.92 ($3.68 annual, ~2.7% yield).
• Qualcomm beat Q4 estimates with $3.50 EPS on $12.25 billion revenue and set Q2 guidance of $2.45–$2.65, while analysts' consensus rating is a Hold with an average price target of $158.25.

World Investment Advisors increased its holdings in shares of Qualcomm Incorporated (NASDAQ:QCOM - Free Report) by 14.3% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 64,911 shares of the wireless technology company's stock after purchasing an additional 8,130 shares during the quarter. World Investment Advisors' holdings in Qualcomm were worth $11,103,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Harbor Capital Advisors Inc. boosted its position in Qualcomm by 72.2% during the third quarter. Harbor Capital Advisors Inc. now owns 155 shares of the wireless technology company's stock valued at $26,000 after purchasing an additional 65 shares during the last quarter. Cloud Capital Management LLC acquired a new stake in shares of Qualcomm in the 3rd quarter valued at approximately $27,000. Richardson Financial Services Inc. grew its stake in shares of Qualcomm by 90.9% in the fourth quarter. Richardson Financial Services Inc. now owns 168 shares of the wireless technology company's stock valued at $29,000 after buying an additional 80 shares in the last quarter. Torren Management LLC acquired a new position in Qualcomm during the fourth quarter worth $29,000. Finally, Caitong International Asset Management Co. Ltd increased its holdings in Qualcomm by 17,000.0% during the fourth quarter. Caitong International Asset Management Co. Ltd now owns 171 shares of the wireless technology company's stock worth $29,000 after buying an additional 170 shares during the last quarter. 74.35% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of analysts have commented on QCOM shares. Morgan Stanley assumed coverage on shares of Qualcomm in a research note on Tuesday, February 10th. They issued an "underweight" rating and a $132.00 price target for the company. Evercore cut their target price on shares of Qualcomm from $157.00 to $134.00 and set an "in-line" rating for the company in a research note on Thursday, February 5th. Barclays assumed coverage on Qualcomm in a report on Wednesday. They set an "underweight" rating and a $130.00 price target for the company. Daiwa Securities Group downgraded Qualcomm from an "outperform" rating to a "neutral" rating and set a $140.00 price target on the stock. in a research report on Wednesday, February 11th. Finally, Robert W. Baird set a $177.00 price objective on Qualcomm in a research report on Thursday, February 5th. One analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating, thirteen have given a Hold rating and four have issued a Sell rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of "Hold" and an average price target of $158.25.

Insider Buying and Selling at Qualcomm

In other news, EVP Heather S. Ace sold 3,200 shares of the business's stock in a transaction dated 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 sale, the executive vice president owned 16,393 shares of the company's stock, valued at approximately $2,245,841. The trade was a 16.33% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, EVP Akash J. Palkhiwala sold 3,333 shares of the firm's stock in a transaction dated Friday, February 6th. The stock was sold at an average price of $137.65, for a total transaction 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 represents a 8.56% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 9,118 shares of company stock worth $1,233,705 in the last quarter. Company insiders own 0.05% of the company's stock.

Qualcomm Stock Performance

NASDAQ QCOM opened at $133.95 on Friday. The stock has a market cap of $142.92 billion, a PE ratio of 27.68 and a beta of 1.28. The company has a debt-to-equity ratio of 0.64, a quick ratio of 1.83 and a current ratio of 2.51. The firm has a 50-day moving average of $134.17 and a 200-day moving average of $155.58. 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 announced its quarterly earnings results on Wednesday, February 4th. The wireless technology company reported $3.50 EPS for the quarter, beating analysts' consensus estimates of $3.38 by $0.12. Qualcomm had a net margin of 11.96% and a return on equity of 44.09%. The business had revenue of $12.25 billion for the quarter, compared to analyst estimates of $12.16 billion. During the same quarter in the prior year, the business earned $3.41 EPS. Qualcomm's quarterly revenue was up 4.7% on a year-over-year basis. Qualcomm has set its Q2 2026 guidance at 2.450-2.650 EPS. On average, sell-side analysts anticipate that Qualcomm Incorporated will post 8.25 EPS for the current year.

Qualcomm Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, June 25th. Shareholders of record on Thursday, June 4th will be issued a $0.92 dividend. The ex-dividend date of this dividend is Thursday, June 4th. This represents a $3.68 dividend on an annualized basis and a yield of 2.7%. This is a positive change from Qualcomm's previous quarterly dividend of $0.89. Qualcomm's payout ratio is currently 73.55%.

Qualcomm announced that its board has authorized a share repurchase plan on Tuesday, March 17th that authorizes the company to buyback $20.00 billion in shares. This buyback authorization authorizes the wireless technology company to repurchase up to 14.5% of its stock through open market purchases. Stock buyback plans are often an indication that the company's board believes its stock is undervalued.

Qualcomm 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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