Hohimer Wealth Management LLC Raises Holdings in Qualcomm Incorporated $QCOM

Hohimer Wealth Management LLC boosted its stake in shares of Qualcomm Incorporated (NASDAQ:QCOM) by 21.6% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 29,324 shares of the wireless technology company’s stock after acquiring an additional 5,203 shares during the quarter. Hohimer Wealth Management LLC’s holdings in Qualcomm were worth $4,878,000 at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of the stock. Harbor Capital Advisors Inc. increased its holdings in shares of Qualcomm by 72.2% during the 3rd 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 in the last quarter. Cloud Capital Management LLC purchased a new stake in Qualcomm during the third quarter worth $27,000. Winnow Wealth LLC acquired a new stake in Qualcomm during the second quarter valued at $32,000. Lavaca Capital LLC purchased a new position in Qualcomm in the second quarter valued at $32,000. Finally, Howard Hughes Medical Institute acquired a new position in shares of Qualcomm in the second quarter worth about $38,000. 74.35% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Qualcomm

In other news, EVP Heather S. Ace sold 3,200 shares of the company’s stock in a transaction that occurred on 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 in the company, valued at $2,245,841. This represents a 16.33% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, EVP Ann C. Chaplin sold 7,180 shares of Qualcomm stock in a transaction that occurred on Tuesday, December 16th. The stock was sold at an average price of $178.03, for a total value of $1,278,255.40. Following the transaction, the executive vice president owned 23,944 shares in the company, valued at approximately $4,262,750.32. The trade was a 23.07% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders sold 45,704 shares of company stock worth $7,818,708. 0.05% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently commented on the company. TD Cowen dropped their target price on Qualcomm from $190.00 to $150.00 and set a “buy” rating on the stock in a research report on Thursday, February 5th. Mizuho lowered their price target on Qualcomm from $160.00 to $140.00 and set a “neutral” rating on the stock in a research report on Thursday, February 5th. DZ Bank upgraded Qualcomm to a “strong-buy” rating in a research report on Tuesday, February 10th. Zacks Research downgraded Qualcomm from a “hold” rating to a “strong sell” rating in a research note on Tuesday, January 27th. Finally, Loop Capital raised shares of Qualcomm from a “hold” rating to a “buy” rating and set a $185.00 price target on the stock in a research note on Tuesday. One investment analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating, ten have assigned a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $168.48.

Key Qualcomm News

Here are the key news stories impacting Qualcomm this week:

• Positive Sentiment: Snapdragon 8 Elite Gen 5 for Galaxy — Qualcomm unveiled the Snapdragon 8 Elite Gen 5 for the Galaxy S26 Ultra, deepening the Samsung partnership and highlighting QCOM’s push in AI, graphics and connectivity for premium handsets. Can Snapdragon 8 Elite Gen 5 for Galaxy Launch Boost QCOM Shares?
• Positive Sentiment: Automotive manufacturing deal with Tata Electronics — Qualcomm signed a partnership to produce automotive modules in India, adding Tata to its global manufacturing network and positioning QCOM to capture growth as cars become more software-defined. This supports the company’s automotive TAM expansion. Qualcomm Tata Deal Highlights Auto Growth And India Manufacturing Shift
• Positive Sentiment: Analyst upgrades shift tone — Loop Capital upgraded QCOM to Buy and Wells Fargo raised its stance on Qualcomm’s data center strategy, signaling growing conviction that near-term pressures may be easing and that diversification (AI/datacenter, automotive) is gaining traction. Loop Capital Upgrades Qualcomm (QCOM) to Buy, Sees Stock Nearing Turning Point
• Positive Sentiment: Technical improvement noted — Market commentary highlights a bullish MACD crossover and short-term stabilization after a steep selloff, suggesting downside momentum may have peaked and a base could form if price holds near recent levels.
• Neutral Sentiment: Retail/edge AI collaboration — Qualcomm and Vusion released a white paper on an “AI‑Native Store” using on‑device AI and BLE infrastructure; strategic for IoT/edge positioning but not an immediate revenue driver. Vusion and Qualcomm Unveil their AI-Native Store™ Vision
• Neutral Sentiment: Market reassessment piece — Commentary questions whether current share price fully reflects Qualcomm’s AI and diversification story given mixed recent returns; useful context but not new company-specific news. Is It Time To Reassess Qualcomm (QCOM) After Mixed Returns And AI Growth Story
• Negative Sentiment: Baird cut its price target — Baird trimmed its QCOM price target to $177 from $200 (maintaining Outperform) and flagged fiscal 2026 as a transitional year, underscoring continuing uncertainty around near-term growth and guidance execution. Baird Cuts QUALCOMM (QCOM) Price Target to $177 from $200

Qualcomm Trading Down 0.2%

Shares of QCOM opened at $145.59 on Friday. Qualcomm Incorporated has a 52-week low of $120.80 and a 52-week high of $205.95. The stock has a market cap of $155.34 billion, a PE ratio of 30.08, a price-to-earnings-growth ratio of 7.28 and a beta of 1.22. The firm’s fifty day moving average is $157.71 and its two-hundred day moving average is $163.81. 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 (NASDAQ:QCOM) last issued its 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. The business had revenue of $12.25 billion during the quarter, compared to analysts’ expectations of $12.16 billion. Qualcomm had a net margin of 11.96% and a return on equity of 44.09%. The company’s quarterly revenue was up 4.7% compared to the same quarter last year. During the same period in the prior year, the business earned $3.41 earnings per share. Qualcomm has set its Q2 2026 guidance at 2.450-2.650 EPS. Research analysts forecast that Qualcomm Incorporated will post 9.39 earnings per share for the current fiscal year.

Qualcomm Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, March 26th. Shareholders of record on Thursday, March 5th will be paid a $0.89 dividend. This represents a $3.56 dividend on an annualized basis and a yield of 2.4%. The ex-dividend date of this dividend is Thursday, March 5th. Qualcomm’s dividend payout ratio (DPR) is 73.55%.

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.