Royal Fund Management LLC Has $7.04 Million Stock Holdings in Qualcomm Incorporated $QCOM

Royal Fund Management LLC decreased its position in Qualcomm Incorporated (NASDAQ:QCOM) by 15.2% during the first quarter, HoldingsChannel reports. The firm owned 54,651 shares of the wireless technology company’s stock after selling 9,783 shares during the quarter. Royal Fund Management LLC’s holdings in Qualcomm were worth $7,042,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also bought and sold shares of QCOM. Vanguard Group Inc. lifted its position in Qualcomm by 0.6% during the 4th quarter. Vanguard Group Inc. now owns 114,144,068 shares of the wireless technology company’s stock worth $19,524,350,000 after acquiring an additional 647,076 shares during the last quarter. Geode Capital Management LLC boosted 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 purchasing an additional 3,221,924 shares during the period. Wellington Management Group LLP grew its holdings in Qualcomm by 34.5% in the 4th quarter. Wellington Management Group LLP now owns 16,727,862 shares of the wireless technology company’s stock valued at $2,861,301,000 after buying an additional 4,290,622 shares during the last quarter. Norges Bank bought a new position in Qualcomm in the 4th quarter worth approximately $2,591,056,000. Finally, Amundi lifted 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 worth $2,136,486,000 after buying an additional 1,138,541 shares during the last quarter. 74.35% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of equities analysts recently issued reports on the stock. Robert W. Baird set a $300.00 target price on shares of Qualcomm in a research report on Friday, May 1st. Oppenheimer set a $200.00 price target on shares of Qualcomm in a research report on Monday. Barclays upgraded shares of Qualcomm from an “underweight” rating to an “overweight” rating in a report on Thursday, June 25th. Benchmark reiterated a “buy” rating on shares of Qualcomm in a research note on Monday. Finally, Freedom Capital cut shares of Qualcomm from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, May 13th. One investment analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, twenty-one have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, Qualcomm has an average rating of “Hold” and an average target price of $224.27.

Qualcomm News Roundup

Here are the key news stories impacting Qualcomm this week:

• Positive Sentiment: Qualcomm reported fiscal third-quarter revenue of $9.95 billion, exceeding the $9.69 billion consensus estimate. Automotive revenue and broader diversification remain important growth drivers. Qualcomm quarterly earnings report
• Positive Sentiment: BMW selected Qualcomm as its lead compute-silicon provider for future digital-cockpit and advanced driver-assistance systems, with programs expected to extend through the next decade. The deal strengthens Qualcomm’s automotive backlog and reduces reliance on smartphones. Qualcomm BMW chip supply deal
• Positive Sentiment: Qualcomm completed its all-stock acquisition of Modular, adding AI-native software for deploying generative and agentic AI workloads across edge, cloud and data-center systems. Qualcomm completes Modular acquisition
• Neutral Sentiment: Qualcomm’s quarterly EPS of $2.21 was essentially in line with estimates but declined from $2.77 a year earlier, while revenue growth was stronger than expected.
• Negative Sentiment: Fiscal fourth-quarter EPS guidance of $2.05–$2.25 was below the $2.23 consensus midpoint, and the $9.7–$10.5 billion revenue range was broadly in line with expectations. Management cited a continuing memory and semiconductor supply crunch and indicated that prices will rise. Qualcomm earnings guidance and memory crunch
• Negative Sentiment: Net income fell 25% year over year to approximately $2 billion. Weak handset sales, higher costs and declining Apple-related revenue are weighing on short-term earnings sentiment, despite automotive strength. Qualcomm Q3 earnings miss

Insider Buying and Selling at Qualcomm

In other news, EVP Heather S. Ace sold 3,200 shares of the stock in a transaction that occurred on Monday, May 4th. The stock was sold at an average price of $177.82, for a total value of $569,024.00. Following the completion of the transaction, the executive vice president directly owned 39,735 shares of the company’s stock, valued at approximately $7,065,677.70. This represents a 7.45% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CAO Patricia Y. Grech sold 829 shares of the firm’s stock in a transaction that occurred on Thursday, May 21st. The stock was sold at an average price of $201.77, for a total value 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. Insiders have sold 21,529 shares of company stock worth $4,011,441 in the last three months. 0.05% of the stock is currently owned by company insiders.

Qualcomm Trading Down 4.4%

Shares of Qualcomm stock opened at $155.68 on Thursday. The firm has a market capitalization of $164.09 billion, a PE ratio of 16.92, a price-to-earnings-growth ratio of 4.84 and a beta of 1.63. The company has a debt-to-equity ratio of 0.54, a current ratio of 2.37 and a quick ratio of 1.61. The company’s fifty day moving average price is $201.26 and its two-hundred day moving average price is $167.94. Qualcomm Incorporated has a 52-week low of $121.99 and a 52-week high of $259.92.

Qualcomm (NASDAQ:QCOM) last announced its quarterly earnings data on Wednesday, July 29th. The wireless technology company reported $2.21 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.23 by ($0.02). The business had revenue of $9.95 billion during the quarter, compared to analyst estimates of $9.69 billion. Qualcomm had a net margin of 22.31% and a return on equity of 42.11%. The company’s quarterly revenue was down 4.0% compared to the same quarter last year. During the same quarter in the prior year, the company posted $2.77 EPS. Qualcomm has set its Q4 2026 guidance at 2.050-2.250 EPS. On average, analysts expect that Qualcomm Incorporated will post 7.98 EPS for the current year.

Qualcomm Announces Dividend

The firm also recently declared 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 annualized dividend and a yield of 2.4%. The ex-dividend date of this dividend is Thursday, September 3rd. Qualcomm’s dividend payout ratio is 40.00%.

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.