Royal Fund Management LLC Acquires 9,557 Shares of Qualcomm Incorporated $QCOM

Royal Fund Management LLC boosted its holdings in shares of Qualcomm Incorporated (NASDAQ:QCOM) by 17.4% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 64,434 shares of the wireless technology company’s stock after buying an additional 9,557 shares during the quarter. Qualcomm comprises 1.0% of Royal Fund Management LLC’s portfolio, making the stock its 26th biggest holding. Royal Fund Management LLC’s holdings in Qualcomm were worth $11,028,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in QCOM. waypoint wealth counsel raised its stake 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 acquiring an additional 61 shares in the last quarter. Greykasell Wealth Strategies Inc. grew its holdings 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 valued at $686,000 after purchasing an additional 61 shares during the last quarter. Baron Wealth Management LLC raised its position in shares of Qualcomm by 4.5% in the third quarter. Baron Wealth Management LLC now owns 1,431 shares of the wireless technology company’s stock valued at $238,000 after purchasing an additional 62 shares during the period. Certified Advisory Corp lifted its stake in shares of Qualcomm by 0.6% in the third quarter. Certified Advisory Corp now owns 10,085 shares of the wireless technology company’s stock worth $1,678,000 after buying an additional 62 shares during the last quarter. Finally, Elser Financial Planning Inc boosted its holdings in shares of Qualcomm by 3.7% during the 3rd quarter. Elser Financial Planning Inc now owns 1,759 shares of the wireless technology company’s stock worth $297,000 after buying an additional 63 shares during the period. Institutional investors own 74.35% of the company’s stock.

Insider Activity

In related news, EVP Akash J. Palkhiwala sold 3,333 shares of the company’s 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 sale, the executive vice president owned 35,599 shares of the company’s stock, valued at $4,900,202.35. The trade was a 8.56% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, EVP Heather S. Ace sold 3,200 shares of the firm’s stock in a transaction dated Monday, February 9th. The stock was sold at an average price of $137.00, for a total transaction of $438,400.00. Following the transaction, the executive vice president owned 16,393 shares of the company’s stock, valued at approximately $2,245,841. This represents a 16.33% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders have sold 9,866 shares of company stock worth $1,474,796. 0.05% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

QCOM has been the subject of a number of research analyst reports. Susquehanna lowered shares of Qualcomm from a “positive” rating to a “neutral” rating and set a $140.00 target price for the company. in a research report on Thursday, February 5th. Rosenblatt Securities cut their price objective on Qualcomm from $225.00 to $190.00 and set a “buy” rating for the company in a research report on Thursday, February 5th. Cantor Fitzgerald lowered their target price on Qualcomm from $185.00 to $160.00 and set a “neutral” rating on the stock in a report on Monday, February 2nd. Zacks Research downgraded Qualcomm from a “hold” rating to a “strong sell” rating in a research report on Tuesday, January 27th. Finally, Robert W. Baird set a $177.00 price objective on 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 issued a Hold rating and three have assigned a Sell rating to the stock. Based on data from MarketBeat.com, Qualcomm has an average rating of “Hold” and an average price target of $163.77.

Qualcomm Trading Down 0.0%

Shares of QCOM opened at $127.07 on Tuesday. The stock’s 50-day moving average price is $140.47 and its 200 day moving average price is $160.04. The company has a quick ratio of 1.83, a current ratio of 2.51 and a debt-to-equity ratio of 0.64. The firm has a market capitalization of $135.58 billion, a price-to-earnings ratio of 26.25 and a beta of 1.25. Qualcomm Incorporated has a 12-month low of $120.80 and a 12-month high of $205.95.

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

Qualcomm announced that its Board of Directors has authorized a share repurchase plan on Tuesday, March 17th that authorizes the company to repurchase $20.00 billion in outstanding shares. This repurchase authorization authorizes the wireless technology company to repurchase up to 14.5% of its stock through open market purchases. Stock repurchase plans are typically a sign that the company’s board of directors believes its stock is undervalued.

Qualcomm Dividend Announcement

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