Clifford Swan Investment Counsel LLC Sells 9,370 Shares of Qualcomm Incorporated $QCOM

Clifford Swan Investment Counsel LLC trimmed its stake in shares of Qualcomm Incorporated (NASDAQ:QCOM) by 5.7% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 154,670 shares of the wireless technology company’s stock after selling 9,370 shares during the quarter. Clifford Swan Investment Counsel LLC’s holdings in Qualcomm were worth $19,918,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently modified their holdings of QCOM. World Investment Advisors increased its holdings in shares of Qualcomm by 14.3% during the fourth quarter. World Investment Advisors now owns 64,911 shares of the wireless technology company’s stock worth $11,103,000 after buying an additional 8,130 shares in the last quarter. MUFG Securities EMEA plc boosted its holdings in shares of Qualcomm by 112.2% in the 4th quarter. MUFG Securities EMEA plc now owns 43,986 shares of the wireless technology company’s stock worth $7,524,000 after acquiring an additional 23,262 shares in the last quarter. Swedbank AB boosted its holdings in shares of Qualcomm by 1.5% in the 4th quarter. Swedbank AB now owns 1,533,420 shares of the wireless technology company’s stock worth $262,291,000 after acquiring an additional 23,110 shares in the last quarter. NBC Securities Inc. grew its position in Qualcomm by 47.5% during the 4th quarter. NBC Securities Inc. now owns 18,691 shares of the wireless technology company’s stock worth $3,197,000 after acquiring an additional 6,018 shares during the last quarter. Finally, Sequoia Financial Advisors LLC grew its position in Qualcomm by 5.7% during the 4th quarter. Sequoia Financial Advisors LLC now owns 143,690 shares of the wireless technology company’s stock worth $24,578,000 after acquiring an additional 7,804 shares during the last quarter. 74.35% of the stock is currently owned by institutional investors.

Trending Headlines about Qualcomm

Here are the key news stories impacting Qualcomm this week:

• Positive Sentiment: Qualcomm announced a quarterly cash dividend of $0.92 per share, reinforcing shareholder returns and supporting the stock’s income appeal. Qualcomm Announces Quarterly Cash Dividend
• Positive Sentiment: Micron said it signed long-term supply agreements with Qualcomm and other partners for memory and storage components used in AI-enabled vehicles, which highlights Qualcomm’s push into automotive AI and could improve supply reliability. Micron signs deals with Qualcomm, others for AI-powered automobile chip components
• Positive Sentiment: Qualcomm’s automotive AI expansion was further emphasized in reporting on new long-term auto supply deals, which may support longer-term growth expectations for its chip platforms. Qualcomm Secures Long Term Auto Supply Deals To Back AI Vehicles
• Neutral Sentiment: Qualcomm remains a dividend payer and was featured among legacy tech names offering shareholder yields, which is more of a stability signal than a direct catalyst. 4 Tech Stocks Throwing Off Dividends
• Negative Sentiment: GF Securities initiated coverage with a Hold rating, saying there is still not enough visibility on Qualcomm’s AI250 outlook, adding to caution around near-term upside. Qualcomm Slips 2% After GF Securities Starts Coverage With Hold Rating
• Negative Sentiment: KeyCorp lowered earnings estimates across multiple future periods, including FY2026 and FY2027, signaling some concern about Qualcomm’s profit trajectory. Qualcomm Incorporated stock page

Qualcomm Stock Up 0.7%

NASDAQ:QCOM opened at $171.78 on Friday. The stock’s fifty day moving average price is $207.62 and its two-hundred day moving average price is $168.42. Qualcomm Incorporated has a 52-week low of $121.99 and a 52-week high of $259.92. The company has a debt-to-equity ratio of 0.54, a quick ratio of 1.61 and a current ratio of 2.37. The company has a market cap of $181.06 billion, a price-to-earnings ratio of 18.67, a P/E/G ratio of 5.07 and a beta of 1.63.

Qualcomm (NASDAQ:QCOM) last released its earnings results on Wednesday, April 29th. The wireless technology company reported $2.65 EPS for the quarter, beating the consensus estimate of $2.56 by $0.09. The company had revenue of $10.60 billion during 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 business’s revenue for the quarter was down 3.5% on a year-over-year basis. During the same period last year, the firm earned $2.85 EPS. Qualcomm has set its Q3 2026 guidance at 2.100-2.300 EPS. On average, analysts anticipate that Qualcomm Incorporated will post 7.97 EPS for the current year.

Qualcomm Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, September 24th. Investors of record on Thursday, September 3rd will be given a $0.92 dividend. This represents a $3.68 dividend on an annualized basis and a yield of 2.1%. The ex-dividend date is Thursday, September 3rd. Qualcomm’s dividend payout ratio (DPR) is presently 40.00%.

Analyst Upgrades and Downgrades

Several equities analysts have issued reports on QCOM shares. Tigress Financial lifted their price objective on Qualcomm from $270.00 to $280.00 and gave the company a “buy” rating in a research report on Friday, May 8th. Dbs Bank upgraded Qualcomm to a “moderate buy” rating in a report on Tuesday, July 7th. Guggenheim set a $200.00 target price on Qualcomm in a research note on Monday, June 22nd. Lake Street Capital cut Qualcomm to a “hold” rating in a report on Thursday, June 25th. Finally, Royal Bank Of Canada upped their price target on shares of Qualcomm from $175.00 to $250.00 and gave the stock a “sector perform” rating in a research report on Thursday, June 25th. One research analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, twenty-one have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $221.31.

Insider Buying and Selling at Qualcomm

In related news, CEO Cristiano R. Amon sold 10,000 shares of the stock in a transaction that occurred on Monday, May 4th. The shares were sold at an average price of $180.00, for a total value of $1,800,000.00. Following the transaction, the chief executive officer directly owned 197,568 shares in the company, valued at $35,562,240. This represents a 4.82% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at 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 firm’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 transaction of $569,024.00. Following the completion of the transaction, the executive vice president directly owned 39,735 shares in the company, valued at approximately $7,065,677.70. The trade was a 7.45% decrease in their ownership of the stock. 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 90 days, insiders have sold 21,721 shares of company stock valued at $4,044,465. 0.05% of the stock is currently owned by company insiders.

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.