Kendall Capital Management Increases Stock Position in Qualcomm Incorporated $QCOM

Kendall Capital Management increased its position in shares of Qualcomm Incorporated (NASDAQ:QCOM) by 77.9% during the 4th quarter, Holdings Channel reports. The firm owned 12,299 shares of the wireless technology company’s stock after purchasing an additional 5,384 shares during the quarter. Kendall Capital Management’s holdings in Qualcomm were worth $2,104,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in QCOM. MASTERINVEST Kapitalanlage GmbH bought a new position in Qualcomm during the second quarter valued at about $3,896,000. Inscription Capital LLC raised its position in Qualcomm by 58.1% in the third quarter. Inscription Capital LLC now owns 13,055 shares of the wireless technology company’s stock worth $2,172,000 after acquiring an additional 4,799 shares during the period. Mirae Asset Global Investments Co. Ltd. raised its position in Qualcomm by 1.7% in the third quarter. Mirae Asset Global Investments Co. Ltd. now owns 1,004,339 shares of the wireless technology company’s stock worth $167,082,000 after acquiring an additional 16,738 shares during the period. Simplify Asset Management Inc. purchased a new position in Qualcomm in the third quarter valued at about $725,000. Finally, First National Trust Co grew its position in shares of Qualcomm by 9.4% during the 3rd quarter. First National Trust Co now owns 57,687 shares of the wireless technology company’s stock valued at $9,597,000 after acquiring an additional 4,976 shares during the period. 74.35% of the stock is owned by institutional investors.

Insider Activity at Qualcomm

In other Qualcomm news, EVP Heather S. Ace sold 3,200 shares of the firm’s stock in a transaction on Monday, February 9th. The shares were sold at an average price of $137.00, for a total value of $438,400.00. Following the completion of the transaction, the executive vice president directly owned 16,393 shares of the company’s stock, valued at $2,245,841. This trade represents a 16.33% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, EVP Akash J. Palkhiwala sold 3,333 shares of the business’s stock in a transaction on Friday, February 6th. The shares were sold at an average price of $137.65, for a total transaction of $458,787.45. Following the transaction, the executive vice president 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 disclosure for this sale is available in the SEC filing. In the last ninety days, insiders have sold 6,618 shares of company stock valued at $907,855. 0.05% of the stock is owned by corporate insiders.

Key Qualcomm News

Here are the key news stories impacting Qualcomm this week:

• Positive Sentiment: Snapdragon Wear Elite announced improvements for smartwatches (better performance, AI health features and battery life), which could help Qualcomm win share in a growing wearables market. Can Qualcomm’s Snapdragon Innovations for Wearables Drive Growth?
• Positive Sentiment: Qualcomm is expanding its AI footprint into robotics and electric vehicles — a strategic diversification that could open new end markets beyond handsets and data centers. This is constructive for long‑term revenue optionality even as shares lag near‑term targets. Qualcomm Expands AI Footprint Into Robotics And EVs As Shares Lag Targets
• Positive Sentiment: Qualcomm is being highlighted as a “cheap” dividend reinvestment (DRIP) candidate in curated lists, which could attract value/income investors looking for yield and share‑buying programs. 5 Cheap DRIP Stocks to Buy Now
• Neutral Sentiment: Goldman Sachs initiated coverage with a Neutral rating and a $135 price target, signaling limited near‑term upside from current levels while acknowledging diversification efforts. That likely caps bullish momentum until growth clarity improves. Goldman Sachs Initiates Qualcomm (QCOM) at Neutral, Notes Mixed Growth Outlook
• Neutral Sentiment: Media coverage notes analysts are conflicted on Qualcomm, reflecting divergent views on the company’s ability to offset handset weakness with new AI and automotive opportunities. Analysts Conflicted on These Technology Names: Qualcomm (QCOM) and Shimadzu
• Neutral Sentiment: Qualcomm’s CAO Patricia Y. Grech sold 85 shares under a pre‑arranged Rule 10b5‑1 plan; the sale is small and preplanned, so it’s unlikely to signal management concern. SEC Filing – Insider Sale
• Negative Sentiment: QCOM has declined roughly 25.5% over the past three months as investors price in margin pressure, China exposure and weaker handset demand — near‑term fundamentals remain a key risk to the stock. Qualcomm Declines 25.5% in Past 3 Months: Should Investors Worry?

Qualcomm Stock Performance

NASDAQ:QCOM opened at $126.80 on Friday. The business’s fifty day moving average is $138.77 and its 200 day moving average is $159.35. The firm has a market cap of $135.30 billion, a price-to-earnings ratio of 26.20 and a beta of 1.28. The company has a debt-to-equity ratio of 0.64, a quick ratio of 1.83 and a current ratio of 2.51. Qualcomm Incorporated has a 52-week low of $120.80 and a 52-week high of $205.95.

Qualcomm (NASDAQ:QCOM) last issued its earnings results on Wednesday, February 4th. The wireless technology company reported $3.50 EPS for the quarter, topping the consensus estimate of $3.38 by $0.12. Qualcomm had a return on equity of 44.09% and a net margin of 11.96%.The business had revenue of $12.25 billion during the quarter, compared to the consensus estimate of $12.16 billion. During the same quarter last year, the company earned $3.41 EPS. The firm’s 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. Research analysts predict that Qualcomm Incorporated will post 9.39 EPS for the current year.

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

Qualcomm Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, March 26th. Investors of record on Thursday, March 5th were paid a dividend of $0.89 per share. The ex-dividend date of this dividend was Thursday, March 5th. This represents a $3.56 annualized dividend and a yield of 2.8%. Qualcomm’s payout ratio is currently 73.55%.

Analysts Set New Price Targets

A number of equities research analysts recently commented on the stock. Wall Street Zen cut shares of Qualcomm from a “buy” rating to a “hold” rating in a report on Tuesday, December 9th. DZ Bank raised Qualcomm to a “strong-buy” rating in a research report on Tuesday, February 10th. Sanford C. Bernstein reiterated a “market perform” rating and set a $140.00 price target (down from $175.00) on shares of Qualcomm in a research note on Thursday, March 26th. Rosenblatt Securities decreased their price objective on Qualcomm from $225.00 to $190.00 and set a “buy” rating for the company in a report on Thursday, February 5th. Finally, Argus cut their target price on shares of Qualcomm from $205.00 to $180.00 and set a “buy” rating for the company in a research report on Friday, February 6th. One research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating, eleven have issued a Hold rating and three have issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $163.77.

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.