Core Wealth Advisors LLC Purchases Shares of 4,500 Qualcomm Incorporated $QCOM

Core Wealth Advisors LLC purchased a new stake in shares of Qualcomm Incorporated (NASDAQ:QCOM) during the 4th quarter, HoldingsChannel reports. The firm purchased 4,500 shares of the wireless technology company’s stock, valued at approximately $770,000.

Other large investors have also added to or reduced their stakes in the company. Cloud Capital Management LLC acquired a new position in shares of Qualcomm in the 3rd quarter valued at about $27,000. Richardson Financial Services Inc. lifted its holdings in shares of Qualcomm by 90.9% in the 4th quarter. Richardson Financial Services Inc. now owns 168 shares of the wireless technology company’s stock valued at $29,000 after buying an additional 80 shares during the period. Torren Management LLC acquired a new position in shares of Qualcomm in the 4th quarter valued at about $29,000. Glass Jacobson Investment Advisors llc lifted its holdings in shares of Qualcomm by 113.5% in the 4th quarter. Glass Jacobson Investment Advisors llc now owns 190 shares of the wireless technology company’s stock valued at $32,000 after buying an additional 101 shares during the period. Finally, Board of the Pension Protection Fund acquired a new position in shares of Qualcomm in the 4th quarter valued at about $34,000. Hedge funds and other institutional investors own 74.35% of the company’s stock.

Qualcomm Price Performance

NASDAQ:QCOM opened at $251.02 on Friday. Qualcomm Incorporated has a 12 month low of $121.99 and a 12 month high of $259.92. The stock has a 50 day moving average of $166.07 and a two-hundred day moving average of $161.25. The company has a current ratio of 2.37, a quick ratio of 1.61 and a debt-to-equity ratio of 0.54. The firm has a market cap of $264.58 billion, a P/E ratio of 27.28, a price-to-earnings-growth ratio of 31.09 and a beta of 1.49.

Qualcomm (NASDAQ:QCOM) last posted its quarterly earnings data on Wednesday, April 29th. The wireless technology company reported $2.65 EPS for the quarter, topping the consensus estimate of $2.56 by $0.09. Qualcomm had a return on equity of 42.11% and a net margin of 22.31%.The company had revenue of $10.60 billion during the quarter, compared to analyst estimates of $10.59 billion. During the same period in the previous year, the business earned $2.85 EPS. Qualcomm’s quarterly revenue was down 3.5% on a year-over-year basis. Qualcomm has set its Q3 2026 guidance at 2.100-2.300 EPS. On average, analysts expect that Qualcomm Incorporated will post 7.99 earnings per share for the current fiscal year.

Qualcomm Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, June 25th. Shareholders of record on Thursday, June 4th will be paid a dividend of $0.92 per share. This is an increase from Qualcomm’s previous quarterly dividend of $0.89. The ex-dividend date is Thursday, June 4th. This represents a $3.68 annualized dividend and a yield of 1.5%. Qualcomm’s dividend payout ratio (DPR) is presently 40.00%.

Qualcomm announced that its board has initiated a share repurchase plan on Tuesday, March 17th that authorizes the company to repurchase $20.00 billion in shares. This repurchase authorization authorizes the wireless technology company to purchase up to 14.5% of its stock through open market purchases. Stock repurchase plans are typically a sign that the company’s board of directors believes its shares are undervalued.

Qualcomm News Summary

Here are the key news stories impacting Qualcomm this week:

• Positive Sentiment: Qualcomm’s recently reported earnings continue to support the stock, with shares still well above the level seen immediately after the last results. A Zacks note asks whether the post-earnings rally can continue, signaling ongoing investor optimism around the company’s momentum. Qualcomm (QCOM) Up 35.5% Since Last Earnings Report: Can It Continue?
• Positive Sentiment: Several reports say Qualcomm quietly signed a major AI-related deal with ByteDance, which investors view as a meaningful growth catalyst and evidence that Qualcomm is gaining traction in AI chips and related computing opportunities. While Nvidia battles AMD, Qualcomm quietly signed the biggest AI deal in its history with ByteDance
• Positive Sentiment: Related coverage highlighted Qualcomm’s stock hitting record highs after the ByteDance deal, reinforcing the market’s view that the agreement could expand Qualcomm’s AI revenue prospects. Qualcomm stock just hit new record highs. Investors can thank a ByteDance deal.
• Positive Sentiment: Another article framed the ByteDance agreement as an eye-catching strategic move, suggesting Qualcomm is being re-rated as more than just a handset chip supplier. Qualcomm makes eye-catching move with TikTok parent deal
• Neutral Sentiment: Qualcomm also presented at Bernstein’s Strategic Decisions Conference, but the transcript itself does not point to a clear new catalyst in the provided summary. QUALCOMM Incorporated (QCOM) Presents at Bernstein 42nd Annual Strategic Decisions Conference Transcript
• Negative Sentiment: One report warned that Apple’s in-house modem chips could threaten Qualcomm’s major customer base over time, which raises a structural risk for future smartphone-related revenue. Apple’s In-House Modem Chips Threaten Qualcomm’s (QCOM) Major Customer Base

Analyst Ratings Changes

Several equities analysts have recently issued reports on QCOM shares. Seaport Research Partners reissued a “sell” rating and issued a $100.00 price objective on shares of Qualcomm in a report on Monday, March 16th. Melius Research set a $220.00 price objective on Qualcomm in a report on Monday, May 18th. Argus set a $220.00 price objective on Qualcomm in a report on Friday, May 1st. Loop Capital raised Qualcomm from a “hold” rating to a “buy” rating and set a $185.00 price objective for the company in a report on Tuesday, February 24th. Finally, Zacks Research raised Qualcomm from a “strong sell” rating to a “hold” rating in a report on Monday, May 4th. Fourteen equities research analysts have rated the stock with a Buy rating, sixteen have assigned a Hold rating and four have given a Sell rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $181.79.

Insider Transactions at Qualcomm

In other news, CAO Patricia Y. Grech sold 829 shares of the company’s stock in a transaction that occurred on Thursday, May 21st. The stock was sold at an average price of $201.77, for a total value of $167,267.33. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Heather S. Ace sold 3,200 shares of the company’s stock in a transaction that occurred on Monday, May 4th. The shares were sold at an average price of $177.82, for a total value of $569,024.00. Following the completion of the sale, the executive vice president owned 39,735 shares of the company’s stock, valued at $7,065,677.70. This trade represents a 7.45% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 19,306 shares of company stock valued at $3,435,583 in the last 90 days. Corporate insiders own 0.05% of the company’s stock.

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.