Artemis Investment Management LLP Buys 8,048 Shares of Qualcomm Incorporated $QCOM

Artemis Investment Management LLP lifted its stake in Qualcomm Incorporated (NASDAQ:QCOM) by 18.9% in the 4th quarter, HoldingsChannel reports. The firm owned 50,719 shares of the wireless technology company’s stock after buying an additional 8,048 shares during the quarter. Artemis Investment Management LLP’s holdings in Qualcomm were worth $8,675,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently modified their holdings of QCOM. Greykasell Wealth Strategies Inc. boosted its position in shares of Qualcomm by 1.5% during the third quarter. Greykasell Wealth Strategies Inc. now owns 4,126 shares of the wireless technology company’s stock valued at $686,000 after purchasing an additional 61 shares in the last quarter. Certified Advisory Corp raised its holdings in Qualcomm by 0.6% in the third quarter. Certified Advisory Corp now owns 10,085 shares of the wireless technology company’s stock worth $1,678,000 after purchasing an additional 62 shares in the last quarter. Elser Financial Planning Inc raised its holdings in Qualcomm by 3.7% in the third quarter. Elser Financial Planning Inc now owns 1,759 shares of the wireless technology company’s stock worth $297,000 after purchasing an additional 63 shares in the last quarter. ProVise Management Group LLC lifted its position in Qualcomm by 2.6% during the third quarter. ProVise Management Group LLC now owns 2,560 shares of the wireless technology company’s stock valued at $426,000 after buying an additional 64 shares during the period. Finally, Baker Tilly Wealth Management LLC lifted its position in Qualcomm by 1.0% during the fourth quarter. Baker Tilly Wealth Management LLC now owns 6,401 shares of the wireless technology company’s stock valued at $1,095,000 after buying an additional 64 shares during the period. Hedge funds and other institutional investors own 74.35% of the company’s stock.

Analysts Set New Price Targets

A number of analysts have recently weighed in on the stock. The Goldman Sachs Group assumed coverage on shares of Qualcomm in a research report on Monday, March 30th. They issued a “neutral” rating and a $135.00 target price on the stock. Deutsche Bank Aktiengesellschaft reissued a “hold” rating and set a $160.00 price target on shares of Qualcomm in a research report on Thursday. Seaport Research Partners reissued a “sell” rating and set a $100.00 price objective on shares of Qualcomm in a research note on Monday, March 16th. Summit Insights upgraded shares of Qualcomm from a “hold” rating to a “buy” rating in a report on Thursday. Finally, Cantor Fitzgerald raised their target price on shares of Qualcomm from $135.00 to $150.00 and gave the company a “neutral” rating in a research note on Thursday. One analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, fifteen have assigned a Hold rating and four have given a Sell rating to the company. According to MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $172.40.

Qualcomm Price Performance

NASDAQ QCOM opened at $177.00 on Friday. Qualcomm Incorporated has a one year low of $121.99 and a one year high of $205.95. The stock has a 50-day moving average of $135.69 and a 200 day moving average of $155.29. The company has a debt-to-equity ratio of 0.54, a quick ratio of 1.83 and a current ratio of 2.37. The company has a market capitalization of $188.85 billion, a price-to-earnings ratio of 19.24 and a beta of 1.49.

Qualcomm (NASDAQ:QCOM) last announced its quarterly earnings results on Wednesday, April 29th. The wireless technology company reported $2.65 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.56 by $0.09. Qualcomm had a net margin of 22.31% and a return on equity of 42.11%. The firm had revenue of $10.60 billion for the quarter, compared to the consensus estimate of $10.59 billion. During the same quarter last year, the firm posted $2.85 EPS. The business’s quarterly revenue was down 3.5% compared to the same quarter last year. Qualcomm has set its Q3 2026 guidance at 2.100-2.300 EPS. On average, sell-side analysts forecast that Qualcomm Incorporated will post 8.18 EPS for the current year.

Qualcomm Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, June 25th. Investors of record on Thursday, June 4th will be given a dividend of $0.92 per share. This represents a $3.68 dividend on an annualized basis and a yield of 2.1%. This is a positive change from Qualcomm’s previous quarterly dividend of $0.89. The ex-dividend date is Thursday, June 4th. Qualcomm’s payout ratio is currently 38.70%.

Qualcomm declared that its board has authorized a share repurchase plan on Tuesday, March 17th that permits the company to repurchase $20.00 billion in outstanding shares. This repurchase authorization permits the wireless technology company to reacquire up to 14.5% of its shares through open market purchases. Shares repurchase plans are typically an indication that the company’s board believes its shares are undervalued.

Trending Headlines about Qualcomm

Here are the key news stories impacting Qualcomm this week:

• Positive Sentiment: Q2 beat and segment strength — Qualcomm topped EPS expectations and showed strong automotive/licensing performance, which supports near‑term earnings quality and helped fuel the recent rally. Qualcomm (QCOM) Posts Stellar Q2
• Positive Sentiment: Data‑center/hyperscaler validation — CEO commentary that Qualcomm will ship custom data‑center chips to a “large hyperscaler” this year materially changed the narrative and underpins hopes for a new, higher‑growth revenue stream. Reuters: Qualcomm shares jump
• Positive Sentiment: Analyst support — Multiple firms raised targets or reaffirmed buy ratings (e.g., Benchmark, Rosenblatt, Summit Insights upgrade), which added fuel to the rally and legitimized the AI/data‑center story. Wall Street Lifts Qualcomm Price Target
• Neutral Sentiment: Technicals and momentum — Chart signals show an overbought setup after the rapid rally; that attracts momentum buyers but raises short‑term pullback risk. Barron’s: Technicals
• Neutral Sentiment: Capital returns — Ongoing buyback authorization and a raised quarterly dividend support shareholder returns, a stabilizing factor for valuation. MarketBeat: QCOM summary
• Negative Sentiment: Below‑consensus Q3 guide & memory shortage — Qualcomm guided Q3 revenue/EPS below Street expectations and pointed to a memory supply issue that could pressure handset demand, which triggered the initial post‑earnings weakness. Reuters: Forecast underwhelms
• Negative Sentiment: Insider sale disclosure — A CAO disclosed a small Rule 10b5‑1 sale (192 shares); minimal on its own but noted by some data aggregators amid high‑volume trading. InsiderTrades: Insider sale

Insider Buying and Selling

In other news, EVP Akash J. Palkhiwala sold 2,500 shares of the stock in a transaction on Monday, April 13th. The stock was sold at an average price of $130.34, for a total transaction of $325,850.00. Following the transaction, the executive vice president directly owned 30,684 shares of the company’s stock, valued at $3,999,352.56. This represents a 7.53% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CAO Patricia Y. Grech sold 192 shares of the firm’s stock in a transaction on Thursday, April 30th. The stock was sold at an average price of $172.00, for a total value of $33,024.00. 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. Over the last quarter, insiders have sold 9,310 shares of company stock worth $1,266,729. 0.05% of the stock is owned by insiders.

Qualcomm Company 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.