Healthcare of Ontario Pension Plan Trust Fund increased its holdings in Qualcomm Incorporated (NASDAQ:QCOM – Free Report) by 6.2% during the 1st quarter, Holdings Channel.com reports. The institutional investor owned 1,001,851 shares of the wireless technology company’s stock after purchasing an additional 58,530 shares during the quarter. Healthcare of Ontario Pension Plan Trust Fund’s holdings in Qualcomm were worth $129,018,000 at the end of the most recent reporting period.
A number of other large investors have also recently added to or reduced their stakes in QCOM. Your Advocates Ltd. LLP acquired a new position in Qualcomm during the first quarter worth about $26,000. Richardson Financial Services Inc. grew its position 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 purchasing an additional 80 shares during the last quarter. Torren Management LLC acquired a new stake in shares of Qualcomm in the fourth quarter valued at approximately $29,000. Caitong International Asset Management Co. Ltd grew its position in shares of Qualcomm by 17,000.0% in the fourth quarter. Caitong International Asset Management Co. Ltd now owns 171 shares of the wireless technology company’s stock valued at $29,000 after purchasing an additional 170 shares during the last quarter. Finally, Birchwood Financial Partners Inc. purchased a new position in shares of Qualcomm during the 4th quarter worth approximately $31,000. 74.35% of the stock is owned by institutional investors and hedge funds.
Insiders Place Their Bets
In related news, EVP Akash J. Palkhiwala sold 2,500 shares of the company’s stock in a transaction on Tuesday, May 12th. The stock was sold at an average price of $211.90, for a total value of $529,750.00. Following the completion of the transaction, the executive vice president directly owned 28,184 shares in the company, valued at approximately $5,972,189.60. This represents a 8.15% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Cristiano R. Amon sold 10,000 shares of the stock in a transaction dated Monday, May 4th. The stock was sold at an average price of $180.00, for a total value of $1,800,000.00. Following the transaction, the chief executive officer owned 197,568 shares in the company, valued at $35,562,240. This trade represents a 4.82% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last quarter, insiders sold 21,721 shares of company stock worth $4,044,465. 0.05% of the stock is owned by company insiders.
More Qualcomm News
- Positive Sentiment: Qualcomm is expanding its growth narrative with AI-chip deals and new partnerships, including ties with a major Apple rival, which could help diversify demand beyond smartphones.
- Positive Sentiment: New Snapdragon launches are expected to support Qualcomm’s AI, PC, and handset pipeline ahead of Q3 results, giving investors a potential catalyst if execution is strong.
- Neutral Sentiment: Wall Street is closely watching Qualcomm’s upcoming earnings and key operating metrics to gauge whether recent product momentum is translating into financial improvement.
- Negative Sentiment: Qualcomm’s double-digit chip price increases may reflect rising input costs, but they also raise the risk of customer pushback in already price-sensitive end markets. Article Title
- Negative Sentiment: Broader semiconductor stocks are under pressure from profit-taking, valuation concerns, and unwinding of leveraged AI trades, which is weighing on Qualcomm along with the rest of the sector.
Qualcomm Stock Performance
NASDAQ:QCOM opened at $166.97 on Friday. The company has a debt-to-equity ratio of 0.54, a current ratio of 2.37 and a quick ratio of 1.61. The firm has a market cap of $175.99 billion, a PE ratio of 18.15, a P/E/G ratio of 5.08 and a beta of 1.63. The firm has a 50 day simple moving average of $203.52 and a 200-day simple moving average of $168.39. Qualcomm Incorporated has a 1-year low of $121.99 and a 1-year high of $259.92.
Qualcomm (NASDAQ:QCOM – Get Free Report) last announced its earnings results on Wednesday, April 29th. The wireless technology company reported $2.65 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.56 by $0.09. The firm had revenue of $10.60 billion for the quarter, compared to analyst estimates of $10.59 billion. Qualcomm had a net margin of 22.31% and a return on equity of 42.11%. Qualcomm’s revenue was down 3.5% compared to the same quarter last year. During the same quarter last year, the business earned $2.85 earnings per share. Qualcomm has set its Q3 2026 guidance at 2.100-2.300 EPS. On average, equities analysts expect that Qualcomm Incorporated will post 7.97 EPS for the current year.
Qualcomm Announces Dividend
The firm also recently declared a quarterly dividend, which will be paid on Thursday, September 24th. Shareholders of record on Thursday, September 3rd will be paid a dividend of $0.92 per share. This represents a $3.68 dividend on an annualized basis and a dividend yield of 2.2%. The ex-dividend date of this dividend is Thursday, September 3rd. Qualcomm’s dividend payout ratio is currently 40.00%.
Analysts Set New Price Targets
QCOM has been the subject of several research reports. Rosenblatt Securities lifted their price objective on Qualcomm from $190.00 to $265.00 and gave the stock a “buy” rating in a research report on Thursday, June 25th. Melius Research set a $220.00 target price on Qualcomm in a report on Monday, May 18th. Argus set a $220.00 price target on Qualcomm in a research report on Friday, May 1st. Cantor Fitzgerald set a $220.00 price target on Qualcomm and gave the stock a “neutral” rating in a report on Thursday, June 25th. Finally, HSBC restated a “hold” rating on shares of Qualcomm in a research report on Wednesday, July 15th. One analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, twenty-one have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $219.76.
Check Out Our Latest Stock Report on QCOM
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.
Featured Stories
- Five stocks we like better than Qualcomm
- AMD and Cerbras Create A New Blueprint For Hardware
- Intel Earnings Reveal Whether the Chip Selloff Created a Buy
- CrowdStrike’s Cerebras Deal Puts Its AI Security Strategy to the Test
- Plugging In: How Kinder Morgan Powers Up Profits
Want to see what other hedge funds are holding QCOM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Qualcomm Incorporated (NASDAQ:QCOM – Free Report).
Receive News & Ratings for Qualcomm Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Qualcomm and related companies with MarketBeat.com's FREE daily email newsletter.
