HighTower Advisors LLC Cuts Position in QUALCOMM Incorporated $QCOM

HighTower Advisors LLC reduced its position in shares of QUALCOMM Incorporated (NASDAQ:QCOM) by 0.9% in the 3rd quarter, HoldingsChannel reports. The institutional investor owned 1,331,980 shares of the wireless technology company’s stock after selling 11,969 shares during the period. HighTower Advisors LLC’s holdings in QUALCOMM were worth $221,590,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of QCOM. Pavion Blue Capital LLC acquired a new position in QUALCOMM during the 3rd quarter worth about $261,000. Berkshire Asset Management LLC PA increased its stake in QUALCOMM by 0.8% during the third quarter. Berkshire Asset Management LLC PA now owns 303,417 shares of the wireless technology company’s stock worth $50,477,000 after purchasing an additional 2,524 shares during the period. MSH Capital Advisors LLC acquired a new stake in shares of QUALCOMM during the third quarter worth about $247,000. Leisure Capital Management boosted its stake in shares of QUALCOMM by 0.7% in the third quarter. Leisure Capital Management now owns 17,826 shares of the wireless technology company’s stock valued at $2,966,000 after purchasing an additional 120 shares during the period. Finally, Omnia Family Wealth LLC grew its holdings in shares of QUALCOMM by 6.5% in the third quarter. Omnia Family Wealth LLC now owns 2,469 shares of the wireless technology company’s stock valued at $411,000 after purchasing an additional 150 shares in the last quarter. Hedge funds and other institutional investors own 74.35% of the company’s stock.

Insider Transactions at QUALCOMM

In other news, EVP Heather S. Ace sold 3,200 shares of QUALCOMM stock in a transaction dated Monday, February 9th. The stock was sold at an average price of $137.00, for a total transaction of $438,400.00. Following the sale, the executive vice president owned 16,393 shares in the company, valued at approximately $2,245,841. The trade was 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 accessible through this link. Also, CAO Patricia Y. Grech sold 203 shares of the business’s stock in a transaction dated Tuesday, December 2nd. The shares were sold at an average price of $170.00, for a total value of $34,510.00. The SEC filing for this sale provides additional information. Insiders sold 46,217 shares of company stock valued at $7,901,275 over the last quarter. 0.05% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

Several equities analysts have commented on the stock. Daiwa Securities Group cut shares of QUALCOMM from an “outperform” rating to a “neutral” rating and set a $140.00 price target for the company. in a research report on Wednesday. Argus lowered their target price on QUALCOMM from $205.00 to $180.00 and set a “buy” rating for the company in a research note on Friday, February 6th. Robert W. Baird set a $177.00 price target on QUALCOMM in a research report on Thursday, February 5th. Morgan Stanley assumed coverage on QUALCOMM in a research note on Tuesday. They issued an “underweight” rating and a $132.00 price objective for the company. Finally, Citigroup restated a “neutral” rating on shares of QUALCOMM in a research note on Thursday, January 15th. One research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating, eleven have issued a Hold rating and three have given a Sell rating to the company. According to MarketBeat.com, QUALCOMM has a consensus rating of “Hold” and an average price target of $164.67.

Key QUALCOMM News

Here are the key news stories impacting QUALCOMM this week:

• Positive Sentiment: MarketBeat argues Qualcomm’s pullback has set up an attractive risk/reward: technicals are deeply oversold and several analysts have raised price targets (some near $200), implying sizable upside if sentiment stabilizes. 2 Reasons Qualcomm’s Risk/Reward Is Now Red Hot
• Positive Sentiment: A Yahoo piece contends the company’s recent earnings are “soft” but ultimately better than they appear — highlighting the EPS beat and resilient revenue versus the headline guidance cut, which helps explain why some investors are buying the dip. QUALCOMM’s (NASDAQ:QCOM) Soft Earnings Are Actually Better Than They Appear
• Positive Sentiment: DZ Bank upgraded QCOM to “strong-buy,” a formal analyst vote of confidence that supports the rebound narrative. Zacks
• Neutral Sentiment: The Motley Fool included Qualcomm in a broader “best stocks to buy” discussion, suggesting the market may be overestimating the duration of weakness — helpful context but not an immediate catalyst. The Best Stocks to Buy With $1,000 Right Now
• Neutral Sentiment: Kalkine reviews QCOM’s positioning within the evolving Nasdaq tech index — useful for longer-term index-flow considerations but unclear near-term impact on the share price. What Next for QUALCOMM (NASDAQ:QCOM) in the Nasdaq Index Tech Evolution?
• Negative Sentiment: Yahoo asks whether Qualcomm can fall further after an ~18% slide this year, pointing to the guidance miss, handset exposure and reduced visibility that triggered the pullback — reminders of the main downside risks. How Much Further Will Qualcomm Fall After 18% Slide This Year?
• Negative Sentiment: Daiwa cut QCOM from “strong-buy” to “hold,” reflecting analyst caution and adding pressure to sentiment despite offsetting bullish notes from other firms. Zacks

QUALCOMM Price Performance

QCOM stock opened at $140.70 on Friday. The business has a 50 day moving average price of $163.86 and a 200 day moving average price of $164.26. The company has a quick ratio of 1.83, a current ratio of 2.51 and a debt-to-equity ratio of 0.64. The stock has a market cap of $150.13 billion, a price-to-earnings ratio of 29.07, a PEG ratio of 6.97 and a beta of 1.22. QUALCOMM Incorporated has a fifty-two week low of $120.80 and a fifty-two week high of $205.95.

QUALCOMM (NASDAQ:QCOM) last announced its quarterly earnings results on Wednesday, February 4th. The wireless technology company reported $3.50 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 company had revenue of $12.25 billion for the quarter, compared to analyst estimates of $12.16 billion. During the same period in the prior year, the firm posted $3.41 earnings per share. The firm’s revenue was up 4.7% on a year-over-year basis. QUALCOMM has set its Q2 2026 guidance at 2.450-2.650 EPS. Equities research analysts anticipate that QUALCOMM Incorporated will post 9.39 earnings per share for the current fiscal year.

QUALCOMM Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, March 26th. Investors of record on Thursday, March 5th will be given 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 2.5%. QUALCOMM’s payout ratio 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.