Qualcomm Incorporated $QCOM Shares Acquired by Investment Management Corp of Ontario

Investment Management Corp of Ontario lifted its position in shares of Qualcomm Incorporated (NASDAQ:QCOM) by 7.5% during the fourth quarter, Holdings Channel reports. The firm owned 116,662 shares of the wireless technology company’s stock after acquiring an additional 8,182 shares during the quarter. Investment Management Corp of Ontario’s holdings in Qualcomm were worth $19,955,000 as of its most recent filing with the SEC.

A number of other institutional investors have also modified their holdings of the business. Vanguard Group Inc. increased its holdings in shares of Qualcomm by 0.6% in the 4th quarter. Vanguard Group Inc. now owns 114,144,068 shares of the wireless technology company’s stock valued at $19,524,350,000 after acquiring an additional 647,076 shares during the period. Geode Capital Management LLC increased its holdings in shares of Qualcomm by 12.5% in the 4th quarter. Geode Capital Management LLC now owns 28,897,079 shares of the wireless technology company’s stock valued at $4,931,968,000 after acquiring an additional 3,221,924 shares during the period. Norges Bank acquired a new position in shares of Qualcomm in the 4th quarter valued at $2,591,056,000. Amundi increased its holdings in shares of Qualcomm by 9.9% in the 3rd quarter. Amundi now owns 12,671,635 shares of the wireless technology company’s stock valued at $2,136,486,000 after acquiring an additional 1,138,541 shares during the period. Finally, Wellington Management Group LLP increased its holdings in shares of Qualcomm by 141.8% in the 3rd 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 acquiring an additional 7,292,783 shares during the period. 74.35% of the stock is owned by institutional investors and hedge funds.

Trending Headlines about Qualcomm

Here are the key news stories impacting Qualcomm this week:

• Positive Sentiment: Qualcomm is reportedly in talks to acquire Tenstorrent, a deal that could expand QCOM’s AI chip and data center capabilities and strengthen its long-term growth story. Qualcomm in Talks to Acquire AI Chip Startup Tenstorrent for Up to $10 Billion, Reuters Reports
• Positive Sentiment: Qualcomm unveiled a new AI data center program with a major hyperscaler, signaling that it is moving beyond phones and PCs into AI infrastructure, with initial shipments planned for the December quarter. Qualcomm (QCOM) Launches New AI Data Center Program With A Major Hyperscaler
• Positive Sentiment: Qualcomm’s upcoming quarterly dividend highlights strong cash generation and may support investor sentiment, especially alongside its ongoing buyback program. Qualcomm to pay dividends next week; Here’s how much 100 QCOM shares will earn
• Neutral Sentiment: Analyst and media coverage has increasingly framed Qualcomm as a potential AI beneficiary, which is keeping QCOM in focus but does not by itself change fundamentals. Qualcomm AI Deal Talks Put QCOM Back In Tech Market Focus
• Neutral Sentiment: Comparisons versus peers like MaxLinear are highlighting competitive pressure in wireless connectivity chips, but this is more of an industry backdrop than a direct catalyst. MXL vs. QCOM: Which Wireless Connectivity Chip Stock Wins Today?
• Negative Sentiment: Qualcomm’s stock has also been under pressure at times recently as investors weigh whether the company can execute its AI pivot while handset demand remains cyclical. Qualcomm (QCOM) Dips More Than Broader Market: What You Should Know

Wall Street Analysts Forecast Growth

QCOM has been the topic of several recent research reports. Oppenheimer cut Qualcomm from a “market perform” rating to a “market perform” rating in a research report on Friday, May 8th. Wells Fargo & Company reaffirmed a “positive” rating on shares of Qualcomm in a research note on Friday, June 12th. Roth Mkm started coverage on Qualcomm in a research note on Friday, May 8th. They set a “buy” rating for the company. Barclays boosted their price objective on shares of Qualcomm from $130.00 to $150.00 and gave the company an “underweight” rating in a research note on Thursday, April 30th. Finally, Argus set a $220.00 price objective on shares of Qualcomm in a research note on Friday, May 1st. Fifteen analysts have rated the stock with a Buy rating, sixteen have assigned a Hold rating and three have issued a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $188.04.

Qualcomm Stock Performance

NASDAQ:QCOM opened at $212.97 on Thursday. The company has a quick ratio of 1.61, a current ratio of 2.37 and a debt-to-equity ratio of 0.54. Qualcomm Incorporated has a fifty-two week low of $121.99 and a fifty-two week high of $259.92. The stock has a market cap of $224.47 billion, a PE ratio of 23.15, a price-to-earnings-growth ratio of 26.48 and a beta of 1.59. The firm’s fifty day simple moving average is $189.80 and its 200-day simple moving average is $165.94.

Qualcomm (NASDAQ:QCOM) last released its quarterly earnings results on Wednesday, April 29th. The wireless technology company reported $2.65 earnings per share for the quarter, topping analysts’ consensus estimates of $2.56 by $0.09. The business had revenue of $10.60 billion for the quarter, compared to analysts’ expectations of $10.59 billion. Qualcomm had a return on equity of 42.11% and a net margin of 22.31%.The company’s revenue was down 3.5% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $2.85 EPS. Qualcomm has set its Q3 2026 guidance at 2.100-2.300 EPS. Analysts expect that Qualcomm Incorporated will post 8 earnings per share for the current fiscal year.

Qualcomm Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, June 25th. Investors of record on Thursday, June 4th will be issued a $0.92 dividend. The ex-dividend date is Thursday, June 4th. This represents a $3.68 dividend on an annualized basis and a dividend yield of 1.7%. This is an increase from Qualcomm’s previous quarterly dividend of $0.89. Qualcomm’s payout ratio is currently 40.00%.

Qualcomm announced that its Board of Directors has approved a share repurchase plan on Tuesday, March 17th that authorizes the company to buyback $20.00 billion in outstanding shares. This buyback authorization authorizes the wireless technology company to reacquire up to 14.5% of its stock through open market purchases. Stock buyback plans are generally an indication that the company’s board believes its shares are undervalued.

Insider Transactions at Qualcomm

In related news, CEO Cristiano R. Amon sold 10,000 shares of the company’s stock in a transaction that occurred on Monday, May 4th. The stock was sold at an average price of $180.00, for a total value of $1,800,000.00. Following the sale, the chief executive officer owned 197,568 shares in the company, valued at $35,562,240. This represents a 4.82% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CAO Patricia Y. Grech sold 829 shares of the stock in a transaction dated Thursday, May 21st. The shares were sold at an average price of $201.77, for a total transaction of $167,267.33. 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. In the last 90 days, insiders have sold 21,806 shares of company stock worth $3,928,958. 0.05% of the stock is currently owned by insiders.

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.