The Manufacturers Life Insurance Company Sells 52,195 Shares of Qualcomm Incorporated $QCOM

The Manufacturers Life Insurance Company lowered its position in Qualcomm Incorporated (NASDAQ:QCOM) by 6.4% during the second quarter, Holdings Channel reports. The firm owned 762,384 shares of the wireless technology company’s stock after selling 52,195 shares during the period. The Manufacturers Life Insurance Company’s holdings in Qualcomm were worth $140,881,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. California State Teachers Retirement System lifted its holdings in Qualcomm by 18,251.8% in the second quarter. California State Teachers Retirement System now owns 301,278,659 shares of the wireless technology company’s stock valued at $55,673,283,000 after buying an additional 299,636,973 shares during the period. BlackRock Inc. acquired a new stake in Qualcomm during the 2nd quarter worth about $17,583,115,000. Norges Bank acquired a new stake in Qualcomm during the 4th quarter worth about $2,591,056,000. Bank of New York Mellon Corp bought a new position in shares of Qualcomm in the 2nd quarter worth about $1,523,930,000. Finally, Deutsche Bank AG bought a new position in shares of Qualcomm in the 2nd quarter worth about $1,178,349,000. 74.35% of the stock is owned by institutional investors.

Qualcomm Price Performance

QCOM stock opened at $181.97 on Friday. The company has a debt-to-equity ratio of 0.46, a current ratio of 2.02 and a quick ratio of 1.28. The company’s 50-day moving average is $168.45 and its 200-day moving average is $170.82. The stock has a market capitalization of $191.11 billion, a PE ratio of 21.06, a price-to-earnings-growth ratio of 3.69 and a beta of 1.68. Qualcomm Incorporated has a 1 year low of $121.99 and a 1 year high of $259.92.

Qualcomm (NASDAQ:QCOM) last issued its earnings results on Wednesday, July 29th. The wireless technology company reported $2.21 EPS for the quarter, missing analysts’ consensus estimates of $2.23 by ($0.02). Qualcomm had a net margin of 21.01% and a return on equity of 38.36%. The firm had revenue of $9.95 billion during the quarter, compared to the consensus estimate of $9.69 billion. During the same period in the previous year, the firm earned $2.77 earnings per share. The business’s quarterly revenue was down 4.0% on a year-over-year basis. Qualcomm has set its Q4 2026 guidance at 2.050-2.250 EPS. Equities research analysts expect that Qualcomm Incorporated will post 7.74 EPS for the current fiscal year.

Qualcomm Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, September 24th. Stockholders of record on Thursday, September 3rd will be issued a dividend of $0.92 per share. The ex-dividend date is Thursday, September 3rd. This represents a $3.68 annualized dividend and a dividend yield of 2.0%. Qualcomm’s payout ratio is currently 42.59%.

Qualcomm News Summary

Here are the key news stories impacting Qualcomm this week:

• Positive Sentiment: Qualcomm secured a multi-generational custom-silicon partnership with Qualcomm’s AWS Deal Takes Aim at Nvidia, But Comes With Fine Print Amazon Web Services. The deal provides significant validation from a major AI infrastructure customer and strengthens Qualcomm’s challenge to Nvidia in data-center computing. Qualcomm’s CFO is reportedly targeting roughly $5 billion in future data-center revenue, adding to the growth narrative.
• Positive Sentiment: Investors increasingly view automotive and data-center chips as potential growth engines that can offset slowing handset sales. Analysts and market commentary suggest the AWS agreement could lead to upward estimate revisions if Qualcomm converts the partnership into meaningful, recurring deployments. Qualcomm’s Data Center Bet Looks More Real After Amazon’s AI Deal
• Neutral Sentiment: Rosenblatt Securities reaffirmed its “Buy” rating, while Piper Sandler moved Qualcomm to “Hold.” The mixed analyst actions indicate optimism about the longer-term diversification story but limited certainty about near-term earnings growth.
• Neutral Sentiment: The AWS announcement is strategically important, but reports caution that the partnership’s structure and execution timetable could limit its immediate revenue impact. Qualcomm’s valuation and future upside therefore depend on actual customer volumes and revised forecasts, not simply the headline design win.
• Negative Sentiment: Apple’s iPhone 18 Pro includes Apple’s in-house C2 modem, signaling continued efforts to reduce reliance on Qualcomm. Although the iPhone 18 Pro Max may still use Qualcomm technology in some markets, further modem insourcing presents a long-term risk to Qualcomm’s handset revenue and margins. iPhone 18 Pro Debuts C2 Modem
• Negative Sentiment: Qualcomm’s latest quarterly results showed weaker year-over-year earnings and revenue, while earnings per share narrowly missed estimates. That performance, combined with a handset business described as shrinking, leaves investors dependent on automotive, IoT and data-center expansion to sustain the recovery.

Analysts Set New Price Targets

QCOM has been the topic of several research analyst reports. Royal Bank Of Canada upped their target price on Qualcomm from $160.00 to $180.00 and gave the company a “sector perform” rating in a research report on Wednesday. Susquehanna lowered their target price on Qualcomm from $190.00 to $160.00 and set a “neutral” rating for the company in a report on Thursday, July 30th. HSBC reissued a “hold” rating on shares of Qualcomm in a research note on Wednesday, July 15th. Raymond James Financial assumed coverage on Qualcomm in a report on Thursday, June 25th. They set a “strong-buy” rating on the stock. Finally, The Goldman Sachs Group set a $160.00 price objective on shares of Qualcomm in a research report on Thursday, July 30th. Two equities research analysts have rated the stock with a Strong Buy rating, twelve have issued a Buy rating, twenty-two have issued a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $204.10.

Insider Transactions at Qualcomm

In other news, EVP Akash Palkhiwala sold 2,500 shares of the company’s stock in a transaction that occurred on Friday, September 11th. The stock was sold at an average price of $182.85, for a total transaction of $457,125.00. Following the transaction, the executive vice president directly owned 18,184 shares of the company’s stock, valued at $3,324,944.40. This represents a 12.09% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Heather Ace sold 3,200 shares of Qualcomm stock in a transaction on Monday, August 3rd. The shares were sold at an average price of $147.04, for a total transaction of $470,528.00. Following the completion of the sale, the executive vice president directly owned 36,535 shares of the company’s stock, valued at approximately $5,372,106.40. The trade was a 8.05% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 11,533 shares of company stock valued at $1,924,969 over the last ninety days. 0.05% of the stock is owned by company insiders.

Qualcomm Profile

Qualcomm Incorporated (NASDAQ: QCOM) is a technology company that develops wireless communications technologies, semiconductors and related intellectual property. Headquartered in San Diego, California, the company serves customers and partners worldwide across the mobile, automotive, consumer electronics and industrial markets.

Through its Qualcomm CDMA Technologies (QCT) business, Qualcomm designs and supplies integrated circuits, system software and hardware platforms. Its products include Snapdragon mobile platforms, 5G and other wireless modems, radio-frequency components, connectivity solutions, processors and artificial intelligence technologies.