Todd Asset Management LLC Sells 20,046 Shares of QUALCOMM Incorporated $QCOM

Todd Asset Management LLC cut its stake in shares of QUALCOMM Incorporated (NASDAQ:QCOM) by 4.2% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 458,153 shares of the wireless technology company’s stock after selling 20,046 shares during the period. QUALCOMM accounts for about 1.5% of Todd Asset Management LLC’s investment portfolio, making the stock its 4th biggest holding. Todd Asset Management LLC’s holdings in QUALCOMM were worth $76,218,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently bought and sold shares of QCOM. waypoint wealth counsel boosted its holdings in shares of QUALCOMM by 2.2% in the 3rd quarter. waypoint wealth counsel now owns 2,863 shares of the wireless technology company’s stock valued at $476,000 after buying an additional 61 shares during the last quarter. Greykasell Wealth Strategies Inc. raised its position in QUALCOMM by 1.5% during the third quarter. Greykasell Wealth Strategies Inc. now owns 4,126 shares of the wireless technology company’s stock worth $686,000 after acquiring an additional 61 shares in the last quarter. Baron Wealth Management LLC grew its position in shares of QUALCOMM by 4.5% in the 3rd quarter. Baron Wealth Management LLC now owns 1,431 shares of the wireless technology company’s stock valued at $238,000 after acquiring an additional 62 shares during the period. Avion Wealth grew its position in shares of QUALCOMM by 16.7% in the 2nd quarter. Avion Wealth now owns 441 shares of the wireless technology company’s stock valued at $70,000 after acquiring an additional 63 shares during the period. Finally, Insight Advisors LLC PA increased its stake in shares of QUALCOMM by 1.8% during the 2nd quarter. Insight Advisors LLC PA now owns 3,488 shares of the wireless technology company’s stock worth $556,000 after purchasing an additional 63 shares during the last quarter. 74.35% of the stock is currently owned by institutional investors.

More QUALCOMM News

Here are the key news stories impacting QUALCOMM this week:

• Positive Sentiment: MarketBeat argues Qualcomm’s pullback has set up an attractive risk/reward: technicals are deeply oversold and several analysts have raised price targets (some near $200), implying sizable upside if sentiment stabilizes. 2 Reasons Qualcomm’s Risk/Reward Is Now Red Hot
• Positive Sentiment: A Yahoo piece contends the company’s recent earnings are “soft” but ultimately better than they appear — highlighting the EPS beat and resilient revenue versus the headline guidance cut, which helps explain why some investors are buying the dip. QUALCOMM’s (NASDAQ:QCOM) Soft Earnings Are Actually Better Than They Appear
• Positive Sentiment: DZ Bank upgraded QCOM to “strong-buy,” a formal analyst vote of confidence that supports the rebound narrative. Zacks
• Neutral Sentiment: The Motley Fool included Qualcomm in a broader “best stocks to buy” discussion, suggesting the market may be overestimating the duration of weakness — helpful context but not an immediate catalyst. The Best Stocks to Buy With $1,000 Right Now
• Neutral Sentiment: Kalkine reviews QCOM’s positioning within the evolving Nasdaq tech index — useful for longer-term index-flow considerations but unclear near-term impact on the share price. What Next for QUALCOMM (NASDAQ:QCOM) in the Nasdaq Index Tech Evolution?
• Negative Sentiment: Yahoo asks whether Qualcomm can fall further after an ~18% slide this year, pointing to the guidance miss, handset exposure and reduced visibility that triggered the pullback — reminders of the main downside risks. How Much Further Will Qualcomm Fall After 18% Slide This Year?
• Negative Sentiment: Daiwa cut QCOM from “strong-buy” to “hold,” reflecting analyst caution and adding pressure to sentiment despite offsetting bullish notes from other firms. Zacks

Wall Street Analysts Forecast Growth

QCOM has been the subject of a number of research analyst reports. Weiss Ratings reiterated a “hold (c)” rating on shares of QUALCOMM in a report on Monday, December 29th. Argus decreased their target price on QUALCOMM from $205.00 to $180.00 and set a “buy” rating on the stock in a report on Friday, February 6th. Susquehanna cut QUALCOMM from a “positive” rating to a “neutral” rating and set a $140.00 price target on the stock. in a research note on Thursday, February 5th. Citigroup reiterated a “neutral” rating on shares of QUALCOMM in a report on Thursday, January 15th. Finally, Robert W. Baird set a $177.00 price objective on shares of QUALCOMM in a research report on Thursday, February 5th. One research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating, eleven have assigned a Hold rating and three have issued a Sell rating to the company’s stock. According to MarketBeat.com, QUALCOMM has an average rating of “Hold” and a consensus target price of $164.67.

Insider Buying and Selling

In related news, EVP Ann C. Chaplin sold 7,180 shares of QUALCOMM stock in a transaction that occurred on Tuesday, December 16th. The shares were sold at an average price of $178.03, for a total value of $1,278,255.40. Following the transaction, the executive vice president directly owned 23,944 shares of the company’s stock, valued at $4,262,750.32. This trade represents a 23.07% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, 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 value of $438,400.00. Following the sale, the executive vice president owned 16,393 shares of the company’s stock, valued at $2,245,841. The trade was a 16.33% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders sold 46,217 shares of company stock worth $7,901,275. 0.05% of the stock is owned by company insiders.

QUALCOMM Stock Performance

Shares of NASDAQ:QCOM opened at $140.70 on Monday. QUALCOMM Incorporated has a 12-month low of $120.80 and a 12-month high of $205.95. The company’s 50 day moving average price is $163.86 and its two-hundred day moving average price is $164.29. The firm has a market cap of $150.13 billion, a PE ratio of 29.07, a PEG ratio of 6.97 and a beta of 1.22. The company has a quick ratio of 1.83, a current ratio of 2.51 and a debt-to-equity ratio of 0.64.

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

QUALCOMM Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, March 26th. Stockholders of record on Thursday, March 5th will be given a $0.89 dividend. The ex-dividend date is Thursday, March 5th. This represents a $3.56 annualized dividend and a dividend yield of 2.5%. QUALCOMM’s payout ratio is presently 73.55%.

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.