Mitsubishi UFJ Asset Management Co. Ltd. Purchases 54,447 Shares of Qualcomm Incorporated $QCOM

Mitsubishi UFJ Asset Management Co. Ltd. grew its position in shares of Qualcomm Incorporated (NASDAQ:QCOM) by 2.4% during the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 2,301,044 shares of the wireless technology company’s stock after buying an additional 54,447 shares during the quarter. Mitsubishi UFJ Asset Management Co. Ltd.’s holdings in Qualcomm were worth $382,802,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently modified their holdings of QCOM. Norges Bank bought a new position in Qualcomm in the 2nd quarter valued at $2,713,603,000. Amundi grew its position in Qualcomm by 38.2% during the second quarter. Amundi now owns 11,533,094 shares of the wireless technology company’s stock valued at $1,866,451,000 after buying an additional 3,186,524 shares during the period. Viking Global Investors LP grew its position in shares of Qualcomm by 120.1% during the 2nd quarter. Viking Global Investors LP now owns 3,152,866 shares of the wireless technology company’s stock valued at $502,125,000 after acquiring an additional 1,720,529 shares during the period. Rafferty Asset Management LLC increased its stake in shares of Qualcomm by 59.1% during the 2nd quarter. Rafferty Asset Management LLC now owns 4,418,406 shares of the wireless technology company’s stock worth $703,675,000 after purchasing an additional 1,641,068 shares during the last quarter. Finally, Worldquant Millennium Advisors LLC raised its holdings in shares of Qualcomm by 228.6% in the 2nd quarter. Worldquant Millennium Advisors LLC now owns 1,130,038 shares of the wireless technology company’s stock worth $179,970,000 after purchasing an additional 786,110 shares during the period. 74.35% of the stock is owned by institutional investors.

Qualcomm News Roundup

Here are the key news stories impacting Qualcomm this week:

• Positive Sentiment: Loop Capital upgraded QCOM to a Buy, saying the stock may be nearing a turning point as some headwinds ease and new growth opportunities (AI, automotive) are emerging. This upgrade is a near‑term catalyst for inflows and sentiment improvement. Loop Capital Upgrades Qualcomm (QCOM)
• Positive Sentiment: Wells Fargo raised its stance (reported coverage), reflecting a shift in analyst tone tied to Qualcomm’s expanding AI/data‑center and diversification strategy — another validation that contributed to the stock lift. Wells Fargo Upgrade
• Positive Sentiment: Qualcomm and Tata Electronics signed a deal to manufacture automotive modules in India, adding Tata to Qualcomm’s global automotive manufacturing network — this reinforces auto‑electronics revenue potential, local sourcing for India, and export opportunities as vehicles become more software‑defined. Qualcomm Tata Deal
• Positive Sentiment: Technical indicators are showing an early reversal: commentary highlights a bullish MACD crossover from deeply oversold levels and short‑term stabilization — a signal that momentum traders and some funds may turn buyers. MarketBeat Technical Note
• Neutral Sentiment: Vusion and Qualcomm released a white paper on an “AI‑Native Store” using on‑device AI and BLE — a product/market development that expands IoT/edge use cases but is likely a longer‑term revenue contributor rather than an immediate earnings driver. Vusion & Qualcomm AI‑Native Store
• Neutral Sentiment: Coverage pieces note QCOM has underperformed broader indices over the past year; that frames the stock as a potential recovery/turnaround play but also highlights execution and demand risk that many investors remain focused on. Barchart Commentary
• Neutral Sentiment: Misc. dividend reporting alerts surfaced in the press — check official filings for any change; these notices often drive short‑term attention but don’t necessarily indicate policy change. Dividend Alert
• Negative Sentiment: Robert W. Baird trimmed its price target to $177 from $200 while keeping an Outperform rating, signaling that fiscal 2026 is shaping up as a transitional year and that near‑term earnings/growth visibility remains limited — this tempers upside for more conservative investors. Baird Price Target Cut

Wall Street Analysts Forecast Growth

A number of analysts have issued reports on QCOM shares. Bank of America downgraded Qualcomm from a “buy” rating to a “neutral” rating and set a $155.00 target price for the company. in a research report on Thursday, February 5th. Cantor Fitzgerald decreased their price objective on Qualcomm from $185.00 to $160.00 and set a “neutral” rating for the company in a report on Monday, February 2nd. UBS Group reiterated a “neutral” rating on shares of Qualcomm in a research report on Monday, February 2nd. DZ Bank upgraded shares of Qualcomm to a “strong-buy” rating in a research note on Tuesday, February 10th. Finally, Mizuho dropped their price target on shares of Qualcomm from $160.00 to $140.00 and set a “neutral” rating on the stock in a research note on Thursday, February 5th. One investment analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating, ten have given a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, Qualcomm currently has a consensus rating of “Hold” and a consensus target price of $168.48.

Qualcomm Stock Performance

Qualcomm stock opened at $145.82 on Thursday. The firm’s 50 day simple moving average is $158.28 and its 200 day simple moving average is $163.94. The company has a current ratio of 2.51, a quick ratio of 1.83 and a debt-to-equity ratio of 0.64. Qualcomm Incorporated has a 1-year low of $120.80 and a 1-year high of $205.95. The firm has a market capitalization of $155.59 billion, a PE ratio of 30.13, a price-to-earnings-growth ratio of 7.23 and a beta of 1.22.

Qualcomm (NASDAQ:QCOM) last released its quarterly earnings results 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 firm had revenue of $12.25 billion for the quarter, compared to analysts’ expectations of $12.16 billion. Qualcomm had a net margin of 11.96% and a return on equity of 44.09%. The business’s quarterly revenue was up 4.7% on a year-over-year basis. During the same quarter in the prior year, the firm posted $3.41 earnings per share. Qualcomm has set its Q2 2026 guidance at 2.450-2.650 EPS. As a group, analysts expect that Qualcomm Incorporated will post 9.39 earnings per share for the current fiscal year.

Qualcomm Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, March 26th. Shareholders of record on Thursday, March 5th will be given a dividend of $0.89 per share. The ex-dividend date is Thursday, March 5th. This represents a $3.56 dividend on an annualized basis and a yield of 2.4%. Qualcomm’s dividend payout ratio (DPR) is presently 73.55%.

Insider Activity

In other Qualcomm news, EVP Alexander H. Rogers sold 15,917 shares of the company’s stock in a transaction that occurred on Tuesday, December 16th. The stock was sold at an average price of $178.01, for a total value of $2,833,385.17. Following the completion of the sale, the executive vice president owned 26,071 shares of the company’s stock, valued at $4,640,898.71. This represents a 37.91% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Akash J. Palkhiwala sold 3,333 shares of the company’s stock in a transaction that occurred on Friday, February 6th. The stock was sold at an average price of $137.65, for a total value of $458,787.45. Following the completion of the sale, the executive vice president directly owned 35,599 shares of the company’s stock, 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 90 days, insiders have sold 45,704 shares of company stock valued at $7,818,708. 0.05% of the stock is owned by insiders.

Qualcomm Company 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.