State Street Corp Raises Stock Holdings in Qualcomm Incorporated $QCOM

State Street Corp raised its stake in shares of Qualcomm Incorporated (NASDAQ:QCOM) by 1.3% during the 2nd quarter, Holdings Channel.com reports. The fund owned 52,763,263 shares of the wireless technology company’s stock after purchasing an additional 671,537 shares during the quarter. State Street Corp owned approximately 0.05% of Qualcomm worth $9,750,123,000 as of its most recent filing with the SEC.

Other institutional investors have also recently made changes to their positions in the company. BlackRock Inc. purchased a new stake in Qualcomm in the second quarter worth approximately $17,583,115,000. Geode Capital Management LLC raised its stake in Qualcomm by 12.5% during 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 buying an additional 3,221,924 shares during the last quarter. Van ECK Associates Corp raised its stake in Qualcomm by 22.7% during the 2nd quarter. Van ECK Associates Corp now owns 17,202,619 shares of the wireless technology company’s stock valued at $3,178,872,000 after buying an additional 3,179,720 shares during the last quarter. Norges Bank bought a new position in shares of Qualcomm during the 4th quarter valued at $2,591,056,000. Finally, Invesco Ltd. lifted its holdings in shares of Qualcomm by 28.1% during the 4th quarter. Invesco Ltd. now owns 12,645,603 shares of the wireless technology company’s stock valued at $2,163,030,000 after buying an additional 2,771,490 shares during the period. Hedge funds and other institutional investors own 74.35% of the company’s stock.

Qualcomm News Summary

Here are the key news stories impacting Qualcomm this week:

• Positive Sentiment: AI interconnect technology expands Qualcomm’s growth narrative. Qualcomm, Corning and Lumentum demonstrated 1060-nanometer optical die-to-die connectivity designed to replace copper links between processors and server racks. The technology could give Qualcomm exposure to AI data-center infrastructure in addition to its established handset, automotive and licensing businesses. Lumentum, Qualcomm, Corning to Showcase Optical D2D Interconnect for AI
• Positive Sentiment: Investors are anticipating product catalysts at Snapdragon Summit. Traders are looking for details on Qualcomm’s smartphone chip roadmap and evidence that the company can diversify into automotive and data-center markets. Management expects two custom data-center wins to begin generating revenue in the December quarter, creating a potential new source of growth as Apple-related business declines. Can Cars And Data Centers Carry Qualcomm Stock Past Apple?
• Positive Sentiment: Improved market conditions supported semiconductor stocks. Falling oil prices and Treasury yields helped revive investor appetite for growth and AI shares. Reports that U.S.-China trade discussions may ease tariff pressure also reduce a potential risk for China-exposed semiconductor companies. Qualcomm stock jumps as AI rally returns
• Neutral Sentiment: The dividend provides a near-term shareholder return. Qualcomm is scheduled to pay its regular dividend this week, reinforcing its income appeal. However, the payment itself does not change the company’s earnings outlook and may already be reflected in the share price. Qualcomm to pay dividends this week
• Negative Sentiment: Execution and valuation risks remain. Qualcomm’s latest quarterly EPS slightly missed consensus, while revenue declined year over year. The stock’s rally raises expectations for successful AI and data-center execution, and analysts remain divided, with one recent assessment highlighting cyclical handset exposure and competition as risks. Bear of the Day: Qualcomm

Insider Buying and Selling

In other Qualcomm news, EVP Heather Ace sold 3,200 shares of the firm’s stock in a transaction that occurred 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 sale, the executive vice president owned 36,535 shares in the company, valued at approximately $5,372,106.40. This trade represents a 8.05% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Akash Palkhiwala sold 2,500 shares of Qualcomm stock in a transaction that occurred on Friday, September 11th. The shares were 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 in the company, valued at $3,324,944.40. This represents a 12.09% 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. In the last ninety days, insiders sold 11,533 shares of company stock valued at $1,924,969. 0.05% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

Several analysts recently commented on QCOM shares. JPMorgan Chase & Co. lifted their price objective on Qualcomm from $160.00 to $265.00 and gave the stock a “neutral” rating in a report on Friday, June 5th. Benchmark lowered their target price on Qualcomm from $300.00 to $270.00 and set a “buy” rating on the stock in a report on Monday, July 27th. TD Cowen cut their price target on Qualcomm from $225.00 to $175.00 and set a “buy” rating for the company in a research note on Thursday, July 30th. Dbs Bank raised shares of Qualcomm to a “moderate buy” rating in a research report on Tuesday, July 7th. Finally, Craig Hallum cut shares of Qualcomm from a “buy” rating to a “hold” rating in a research note on Thursday, June 25th. Two analysts have rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, twenty-one have issued a Hold rating and three have given a Sell rating to the stock. According to data from MarketBeat, Qualcomm presently has a consensus rating of “Hold” and an average price target of $204.10.

Qualcomm Stock Performance

Qualcomm stock traded up $2.53 during trading on Tuesday, reaching $196.76. The company had a trading volume of 4,619,841 shares, compared to its average volume of 15,687,854. The firm has a market capitalization of $206.65 billion, a price-to-earnings ratio of 22.78, a price-to-earnings-growth ratio of 3.70 and a beta of 1.68. The company has a current ratio of 2.02, a quick ratio of 1.28 and a debt-to-equity ratio of 0.46. The firm’s 50-day simple moving average is $168.32 and its 200 day simple moving average is $172.84. Qualcomm Incorporated has a 52 week low of $121.99 and a 52 week high of $259.92.

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

Qualcomm Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, September 24th. Investors of record on Thursday, September 3rd will be paid a dividend of $0.92 per share. The ex-dividend date is Thursday, September 3rd. This represents a $3.68 dividend on an annualized basis and a dividend yield of 1.9%. Qualcomm’s payout ratio is 42.59%.

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.