Keeler Thomas Management LLC Has $2.57 Million Stock Position in Qualcomm Incorporated $QCOM

Keeler Thomas Management LLC lowered its stake in Qualcomm Incorporated (NASDAQ:QCOM) by 26.8% during the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 13,912 shares of the wireless technology company’s stock after selling 5,099 shares during the period. Qualcomm makes up 0.9% of Keeler Thomas Management LLC’s holdings, making the stock its 28th biggest holding. Keeler Thomas Management LLC’s holdings in Qualcomm were worth $2,571,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Cooper Haims Advisors LLC acquired a new stake in Qualcomm during the second quarter worth about $209,000. Proficio Capital Partners LLC acquired a new position in shares of Qualcomm in the 2nd quarter valued at approximately $1,818,000. Teza Capital Management LLC acquired a new position in shares of Qualcomm in the 2nd quarter valued at approximately $345,000. Advocacy Wealth Management LLC lifted its holdings in shares of Qualcomm by 6.9% during the 2nd quarter. Advocacy Wealth Management LLC now owns 2,721 shares of the wireless technology company’s stock worth $503,000 after acquiring an additional 176 shares during the period. Finally, CTC Alternative Strategies Ltd. acquired a new stake in shares of Qualcomm during the 2nd quarter worth approximately $480,000. Institutional investors and hedge funds own 74.35% of the company’s stock.

Key Qualcomm News

Here are the key news stories impacting Qualcomm this week:

• Positive Sentiment: Qualcomm shares recently outperformed a weaker broader market as analysts focused on its data-center opportunity and potential AI-related growth ahead of the next earnings report. Investors are weighing this opportunity against margin pressure and fiscal 2027 earnings risks. Qualcomm Outperforms Broader Market Slump: Analysts Eye Data Center Growth Ahead of Q4
• Positive Sentiment: The appointment of former Motorola Devices president Sergio Buniac to lead Mobile, Compute and Personal AI could strengthen Qualcomm’s strategy across smartphones, PCs, wearables, extended reality and AI-enabled devices. His mandate also highlights the company’s effort to diversify beyond mobile chips. How Investors May Respond To QCOM Naming Sergio Buniac To Lead Mobile, Compute And Personal AI
• Positive Sentiment: Qualcomm’s recent rally—approximately 15% over one month—has revived the turnaround narrative and may attract momentum-oriented investors, though valuation and profit-taking are potential considerations. Qualcomm Just Gained 15% in a Month: Take Profits, or Buy More?
• Neutral Sentiment: CAO Patricia Grech sold 208 shares for $35,360 under a pre-arranged Rule 10b5-1 plan. The small, scheduled transaction provides limited insight into management’s current outlook. Qualcomm CAO Sells $35,360.00 in Stock
• Negative Sentiment: Nvidia’s $3.5 billion investment in rival MediaTek, combined with collaboration on AI chips, PCs and automotive products, could intensify competition in markets Qualcomm is targeting for diversification. Qualcomm Rival MediaTek Jumps After Nvidia AI Chip Deal
• Negative Sentiment: Erste Group Bank reduced its earnings estimates for Qualcomm, adding to concerns about slowing smartphone demand, higher costs, reduced iPhone modem share and execution risk as the company expands into data-center and AI markets. Erste Group Bank Reduces Earnings Estimates for Qualcomm

Qualcomm Stock Performance

NASDAQ QCOM opened at $170.48 on Tuesday. The firm’s fifty day moving average price is $171.46 and its two-hundred day moving average price is $169.06. The stock has a market cap of $179.04 billion, a PE ratio of 19.73, a PEG ratio of 15.16 and a beta of 1.65. Qualcomm Incorporated has a fifty-two week low of $121.99 and a fifty-two week high of $259.92. The company has a debt-to-equity ratio of 0.46, a quick ratio of 1.28 and a current ratio of 2.02.

Qualcomm (NASDAQ:QCOM) last announced its quarterly earnings results on Wednesday, July 29th. The wireless technology company reported $2.21 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.23 by ($0.02). Qualcomm had a return on equity of 38.36% and a net margin of 21.01%.The company had revenue of $9.95 billion for the quarter, compared to analyst estimates of $9.69 billion. During the same quarter last year, the company posted $2.77 earnings per share. The firm’s quarterly revenue was down 4.0% on a year-over-year basis. Qualcomm has set its Q4 2026 guidance at 2.050-2.250 EPS. On average, equities analysts expect that Qualcomm Incorporated will post 7.74 EPS for the current fiscal year.

Qualcomm Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, September 24th. Shareholders of record on Thursday, September 3rd will be issued a $0.92 dividend. This represents a $3.68 dividend on an annualized basis and a yield of 2.2%. The ex-dividend date of this dividend is Thursday, September 3rd. Qualcomm’s dividend payout ratio is presently 42.59%.

Insiders Place Their Bets

In other Qualcomm news, EVP Heather S. Ace sold 3,200 shares of the stock in a transaction dated Monday, August 3rd. The stock was sold at an average price of $147.04, for a total value of $470,528.00. Following the completion of the transaction, the executive vice president directly owned 36,535 shares in the company, valued at approximately $5,372,106.40. This trade represents a 8.05% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CAO Patricia Y. Grech sold 625 shares of Qualcomm stock in a transaction dated Friday, August 21st. The shares were sold at an average price of $162.85, for a total value of $101,781.25. Following the sale, the chief accounting officer directly owned 208 shares in the company, valued at $33,872.80. The trade was a 75.03% decrease in their ownership of the stock. 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 sold a total of 11,533 shares of company stock valued at $1,961,219 in the last 90 days. Corporate insiders own 0.05% of the company’s stock.

Analyst Ratings Changes

A number of brokerages recently issued reports on QCOM. Roth Capital initiated coverage on shares of Qualcomm in a research note on Friday, May 8th. They issued a “buy” rating on the stock. JPMorgan Chase & Co. upped their target price on Qualcomm from $160.00 to $265.00 and gave the stock a “neutral” rating in a research note on Friday, June 5th. Barclays reaffirmed an “underweight” rating and issued a $180.00 target price on shares of Qualcomm in a report on Thursday, July 30th. Weiss Ratings reiterated a “hold (c)” rating on shares of Qualcomm in a research note on Wednesday, June 24th. Finally, The Goldman Sachs Group set a $160.00 price target on Qualcomm in a report on Thursday, July 30th. Two research analysts have rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating, twenty have given a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Hold” and an average target price of $203.76.

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.