Qualcomm Incorporated $QCOM Holdings Decreased by Wilmington Savings Fund Society FSB

Wilmington Savings Fund Society FSB trimmed its holdings in shares of Qualcomm Incorporated (NASDAQ:QCOM) by 17.1% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 46,597 shares of the wireless technology company’s stock after selling 9,645 shares during the period. Wilmington Savings Fund Society FSB’s holdings in Qualcomm were worth $7,752,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently bought and sold shares of QCOM. Vanguard Group Inc. raised its stake in shares of Qualcomm by 0.3% in the 2nd quarter. Vanguard Group Inc. now owns 114,659,269 shares of the wireless technology company’s stock valued at $18,260,635,000 after acquiring an additional 290,799 shares in the last quarter. State Street Corp lifted its holdings in Qualcomm by 0.8% in the 2nd quarter. State Street Corp now owns 53,667,047 shares of the wireless technology company’s stock worth $8,547,014,000 after purchasing an additional 420,352 shares during the last quarter. Norges Bank bought a new stake in Qualcomm during the second quarter worth approximately $2,713,603,000. Amundi grew its holdings in Qualcomm by 9.9% during the third quarter. Amundi now owns 12,671,635 shares of the wireless technology company’s stock valued at $2,136,486,000 after purchasing an additional 1,138,541 shares during the last quarter. Finally, Wellington Management Group LLP grew its holdings in Qualcomm by 141.8% during the third quarter. Wellington Management Group LLP now owns 12,437,240 shares of the wireless technology company’s stock valued at $2,069,059,000 after purchasing an additional 7,292,783 shares during the last quarter. 74.35% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In related news, EVP Akash J. Palkhiwala sold 3,333 shares of Qualcomm 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 sale, the executive vice president directly owned 35,599 shares of the company’s stock, valued at $4,900,202.35. This trade represents a 8.56% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, 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 transaction, the executive vice president owned 16,393 shares in the company, valued at $2,245,841. This represents a 16.33% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders sold 22,404 shares of company stock valued at $3,672,557. 0.05% of the stock is owned by corporate insiders.

Qualcomm Trading Up 1.7%

Shares of Qualcomm stock opened at $131.59 on Wednesday. Qualcomm Incorporated has a 1 year low of $120.80 and a 1 year high of $205.95. The company’s fifty day simple moving average is $147.58 and its 200-day simple moving average is $161.96. The company has a market cap of $140.41 billion, a price-to-earnings ratio of 27.19 and a beta of 1.25. The company has a current ratio of 2.51, a quick ratio of 1.83 and a debt-to-equity ratio of 0.64.

Qualcomm (NASDAQ:QCOM) last released its 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 firm had revenue of $12.25 billion during the quarter, compared to analysts’ expectations of $12.16 billion. During the same period in the prior year, the company earned $3.41 EPS. The business’s quarterly revenue was up 4.7% compared to the same quarter last year. Qualcomm has set its Q2 2026 guidance at 2.450-2.650 EPS. As a group, sell-side analysts expect that Qualcomm Incorporated will post 9.39 EPS for the current year.

Qualcomm declared that its Board of Directors has approved a stock repurchase program on Tuesday, March 17th that permits the company to repurchase $20.00 billion in shares. This repurchase authorization permits the wireless technology company to purchase up to 14.5% of its shares through open market purchases. Shares repurchase programs are typically an indication that the company’s board of directors believes its shares are undervalued.

Qualcomm Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, March 26th. Investors of record on Thursday, March 5th will be paid a $0.89 dividend. This represents a $3.56 annualized dividend and a dividend yield of 2.7%. The ex-dividend date is Thursday, March 5th. Qualcomm’s dividend payout ratio (DPR) is presently 73.55%.

Qualcomm News Summary

Here are the key news stories impacting Qualcomm this week:

• Positive Sentiment: Board authorizes a $20 billion share repurchase and raises the dividend — the buyback can cover roughly 14.5% of outstanding shares, a sizable capital-return signal that typically supports the stock by reducing float and boosting EPS. Qualcomm Unveils $20 Billion Buyback, Raises Dividend to $3.68 Annual
• Positive Sentiment: Major outlets confirm the $20B repurchase on top of the company’s existing $2.1B authority — further publicity helps drive immediate buying interest. Chipmaker Qualcomm unveils $20 billion stock buyback program (Reuters)
• Positive Sentiment: Buyback and dividend bump reinforce thesis from some analysts and investors that QCOM is undervalued and that management is prioritizing shareholder returns. Why I’m Still Buying Qualcomm (Seeking Alpha)
• Neutral Sentiment: Strategic progress: Qualcomm inked a partnership with Wayve to integrate Snapdragon Ride with Wayve’s driving AI — a longer-term revenue opportunity in automotive and autonomy but not an immediate earnings driver. Qualcomm And Wayve Target Automotive AI Revenue With Integrated Driving Stack
• Neutral Sentiment: Several market write-ups highlight QCOM’s valuation and cash-return capacity, suggesting the buyback/dividend are logical given the balance sheet — useful context but not new catalysts. Is Qualcomm Stock Undervalued? (Forbes)
• Negative Sentiment: Analyst pressure: Seaport Global and other shops have recently downgraded QCOM, citing shrinking smartphone memory demand and other near-term headwinds — these calls can cap upside even as buybacks support the share price. Qualcomm downgraded at Seaport on shrinking market, memory crunch
• Negative Sentiment: Multiple negative analyst notes and recent share-price weakness have left “big money” cautious this week, underlining that execution in smartphones, memory supply chains, and the pace of automotive/AI revenue ramp remains a risk. Why Big Money Is Steering Clear Of Qualcomm Stock This Week (Forbes)

Analysts Set New Price Targets

A number of brokerages have recently weighed in on QCOM. Rosenblatt Securities reduced their price objective on shares of Qualcomm from $225.00 to $190.00 and set a “buy” rating for the company in a research note on Thursday, February 5th. Loop Capital upgraded shares of Qualcomm from a “hold” rating to a “buy” rating and set a $185.00 target price on the stock in a research note on Tuesday, February 24th. Wells Fargo & Company upgraded shares of Qualcomm from an “underweight” rating to an “equal weight” rating and lifted their target price for the stock from $135.00 to $185.00 in a report on Tuesday, February 24th. JPMorgan Chase & Co. cut their target price on shares of Qualcomm from $195.00 to $185.00 and set an “overweight” rating for the company in a research report on Thursday, February 5th. Finally, 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 report on Wednesday, February 11th. One research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, nine have assigned a Hold rating and three have assigned a Sell rating to the company’s stock. According to MarketBeat.com, Qualcomm has a consensus rating of “Hold” and an average price target of $168.00.

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.