Mn Services Vermogensbeheer B.V. Acquires 7,897 Shares of Qualcomm Incorporated $QCOM

Mn Services Vermogensbeheer B.V. boosted its holdings in shares of Qualcomm Incorporated (NASDAQ:QCOM) by 1.9% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 428,397 shares of the wireless technology company’s stock after purchasing an additional 7,897 shares during the period. Mn Services Vermogensbeheer B.V.’s holdings in Qualcomm were worth $73,277,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of QCOM. State Street Corp grew its position in shares of Qualcomm by 0.8% in the 2nd quarter. State Street Corp now owns 53,667,047 shares of the wireless technology company’s stock worth $8,547,014,000 after buying an additional 420,352 shares during the last quarter. Amundi raised its holdings in shares of Qualcomm by 9.9% during the third 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 in the last quarter. Wellington Management Group LLP raised its holdings in shares of Qualcomm by 141.8% during the third 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 in the last quarter. Invesco Ltd. lifted its stake in Qualcomm by 2.3% in the third quarter. Invesco Ltd. now owns 9,874,113 shares of the wireless technology company’s stock worth $1,642,657,000 after acquiring an additional 220,209 shares during the period. Finally, Legal & General Group Plc boosted its holdings in Qualcomm by 0.4% in the third quarter. Legal & General Group Plc now owns 9,207,183 shares of the wireless technology company’s stock valued at $1,531,707,000 after acquiring an additional 38,452 shares in the last quarter. Institutional investors own 74.35% of the company’s stock.

Qualcomm Stock Performance

Shares of Qualcomm stock opened at $127.07 on Tuesday. Qualcomm Incorporated has a 12 month low of $120.80 and a 12 month high of $205.95. The firm has a market capitalization of $135.58 billion, a P/E ratio of 26.25 and a beta of 1.25. The company has a current ratio of 2.51, a quick ratio of 1.83 and a debt-to-equity ratio of 0.64. The business has a fifty day simple moving average of $140.47 and a two-hundred day simple moving average of $160.04.

Qualcomm (NASDAQ:QCOM) last released its earnings results on Wednesday, February 4th. The wireless technology company reported $3.50 earnings per share for the quarter, topping analysts’ consensus estimates of $3.38 by $0.12. The firm had revenue of $12.25 billion for the quarter, compared to the consensus estimate of $12.16 billion. Qualcomm had a net margin of 11.96% and a return on equity of 44.09%. The company’s revenue was up 4.7% compared to the same quarter last year. During the same period in the prior year, the firm earned $3.41 EPS. Qualcomm has set its Q2 2026 guidance at 2.450-2.650 EPS. On average, equities analysts forecast that Qualcomm Incorporated will post 9.39 earnings per share for the current fiscal year.

Qualcomm Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, March 26th. Shareholders of record on Thursday, March 5th were issued a $0.89 dividend. This represents a $3.56 dividend on an annualized basis and a yield of 2.8%. The ex-dividend date was Thursday, March 5th. Qualcomm’s dividend payout ratio is 73.55%.

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

Analysts Set New Price Targets

QCOM has been the topic of a number of research analyst reports. TD Cowen reduced their price objective on shares of Qualcomm from $190.00 to $150.00 and set a “buy” rating on the stock in a research report on Thursday, February 5th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Qualcomm in a research report on Friday. Rosenblatt Securities cut their target price on shares of Qualcomm from $225.00 to $190.00 and set a “buy” rating on the stock in a research note on Thursday, February 5th. Seaport Research Partners reiterated a “sell” rating and set a $100.00 price target on shares of Qualcomm in a research report on Monday, March 16th. Finally, Piper Sandler reissued an “overweight” rating and issued a $200.00 price target on shares of Qualcomm in a research note on Thursday, February 5th. One equities research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating, eleven have issued a Hold rating and three have assigned a Sell rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $163.77.

Insiders Place Their Bets

In related news, EVP Heather S. Ace sold 3,200 shares of the company’s stock in a transaction on Monday, February 9th. The stock was sold at an average price of $137.00, for a total transaction of $438,400.00. Following the completion of the sale, the executive vice president owned 16,393 shares in the company, valued at approximately $2,245,841. This represents a 16.33% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Akash J. Palkhiwala sold 3,333 shares of the stock in a transaction dated Friday, February 6th. The shares were sold at an average price of $137.65, for a total value of $458,787.45. Following the completion of the transaction, the executive vice president directly owned 35,599 shares in the company, valued at approximately $4,900,202.35. This represents a 8.56% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders have sold 9,866 shares of company stock valued at $1,474,796. Company insiders own 0.05% of the company’s stock.

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.