Stonebridge Financial Group LLC MO Acquires New Position in Qualcomm Incorporated $QCOM

Stonebridge Financial Group LLC MO acquired a new stake in shares of Qualcomm Incorporated (NASDAQ:QCOM) in the fourth quarter, Holdings Channel reports. The firm acquired 2,751 shares of the wireless technology company’s stock, valued at approximately $471,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Cloud Capital Management LLC purchased a new position in Qualcomm during the 3rd quarter valued at about $27,000. Richardson Financial Services Inc. increased its position in Qualcomm by 90.9% during the 4th quarter. Richardson Financial Services Inc. now owns 168 shares of the wireless technology company’s stock valued at $29,000 after purchasing an additional 80 shares during the period. Torren Management LLC purchased a new position in Qualcomm during the 4th quarter valued at about $29,000. Glass Jacobson Investment Advisors llc increased its position in Qualcomm by 113.5% during the 4th quarter. Glass Jacobson Investment Advisors llc now owns 190 shares of the wireless technology company’s stock valued at $32,000 after purchasing an additional 101 shares during the period. Finally, Board of the Pension Protection Fund purchased a new position in Qualcomm during the 4th quarter valued at about $34,000. Institutional investors own 74.35% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms have recently weighed in on QCOM. Evercore set a $179.00 price target on shares of Qualcomm in a report on Thursday, April 30th. DZ Bank cut shares of Qualcomm from a “buy” rating to a “hold” rating and set a $195.00 target price for the company. in a research note on Friday, May 8th. Susquehanna lifted their target price on shares of Qualcomm from $140.00 to $160.00 and gave the stock a “neutral” rating in a research note on Thursday, April 30th. Loop Capital upgraded shares of Qualcomm from a “hold” rating to a “buy” rating and set a $185.00 price objective for the company in a research note on Tuesday, February 24th. Finally, Citigroup lifted their price objective on shares of Qualcomm from $140.00 to $160.00 and gave the company a “neutral” rating in a research note on Thursday, April 30th. Fourteen equities research analysts have rated the stock with a Buy rating, fifteen have issued a Hold rating and four have given a Sell rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $180.37.

Qualcomm News Summary

Here are the key news stories impacting Qualcomm this week:

• Positive Sentiment: Analysts and market commentary continue to highlight Qualcomm’s expanding growth story beyond smartphones, including data centers, automotive, robotics, PCs, and 6G, which supports a longer-term bullish case. Qualcomm Breakout Gains Steam After New 52-Week High
• Positive Sentiment: Tigress Financial Partners reiterated a Buy rating and raised its price target on Qualcomm to $280 from $270, reinforcing confidence in the company’s AI expansion strategy. Tigress Financial Partners Reaffirms Buy Rating on QUALCOMM (QCOM) Amid AI Expansion
• Neutral Sentiment: Recent coverage notes Qualcomm’s growth in automotive and IoT, plus management’s view that handset demand should recover after near-term DRAM-related headwinds. Qualcomm: High Growth Revenue In High Growth Markets
• Negative Sentiment: Chip stocks, including Qualcomm, sold off as investors rotated out of recently extended AI winners and reacted to a hotter inflation print, which raised risk-off sentiment across the market. Qualcomm drops 13% as chip stocks pull back from record AI-driven rally
• Negative Sentiment: Multiple reports say Qualcomm’s steep recent rally may have gone too far, with traders taking profits after a rapid move higher in AI-related semiconductor names. Qualcomm Stock Sinks 11%: AI Momentum Hits Profit-Taking Wall Despite $20 Billion Buyback

Insider Activity at Qualcomm

In related news, CEO Cristiano R. Amon sold 10,000 shares of the business’s stock in a transaction on Monday, May 4th. The shares were sold at an average price of $180.00, for a total value of $1,800,000.00. Following the completion of the sale, the chief executive officer owned 197,568 shares of the company’s stock, valued at approximately $35,562,240. The trade was a 4.82% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CAO Patricia Y. Grech sold 192 shares of the firm’s stock in a transaction that occurred on Thursday, April 30th. The shares were sold at an average price of $172.00, for a total value of $33,024.00. 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 15,977 shares of company stock worth $2,738,566 in the last quarter. 0.05% of the stock is owned by insiders.

Qualcomm Price Performance

NASDAQ:QCOM opened at $210.31 on Wednesday. The firm has a market cap of $221.67 billion, a price-to-earnings ratio of 22.86, a price-to-earnings-growth ratio of 29.42 and a beta of 1.49. The company has a 50 day moving average price of $143.44 and a 200-day moving average price of $157.02. The company has a debt-to-equity ratio of 0.54, a current ratio of 2.37 and a quick ratio of 1.61. Qualcomm Incorporated has a 1-year low of $121.99 and a 1-year high of $247.90.

Qualcomm (NASDAQ:QCOM) last issued its quarterly earnings results on Wednesday, April 29th. The wireless technology company reported $2.65 EPS for the quarter, topping the consensus estimate of $2.56 by $0.09. The company had revenue of $10.60 billion during the quarter, compared to analyst estimates of $10.59 billion. Qualcomm had a net margin of 22.31% and a return on equity of 42.11%. The firm’s revenue was down 3.5% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $2.85 EPS. Qualcomm has set its Q3 2026 guidance at 2.100-2.300 EPS. Equities research analysts forecast that Qualcomm Incorporated will post 7.99 EPS for the current year.

Qualcomm Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, June 25th. Investors of record on Thursday, June 4th will be issued a $0.92 dividend. This represents a $3.68 annualized dividend and a yield of 1.7%. The ex-dividend date of this dividend is Thursday, June 4th. This is a boost from Qualcomm’s previous quarterly dividend of $0.89. Qualcomm’s payout ratio is presently 40.00%.

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

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.