LFG Wealth Partners LLC Acquires Shares of 8,492 Qualcomm Incorporated $QCOM

LFG Wealth Partners LLC bought a new stake in Qualcomm Incorporated (NASDAQ:QCOM) during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund bought 8,492 shares of the wireless technology company’s stock, valued at approximately $1,453,000.

Several other large investors have also made changes to their positions in the company. Norges Bank bought a new stake in Qualcomm during the fourth quarter worth about $2,591,056,000. Wellington Management Group LLP lifted its holdings in Qualcomm by 141.8% during the 3rd quarter. Wellington Management Group LLP now owns 12,437,240 shares of the wireless technology company’s stock worth $2,069,059,000 after buying an additional 7,292,783 shares in the last quarter. Geode Capital Management LLC boosted its position in Qualcomm by 12.5% in the 4th quarter. Geode Capital Management LLC now owns 28,897,079 shares of the wireless technology company’s stock valued at $4,931,968,000 after buying an additional 3,221,924 shares during the last quarter. Dimensional Fund Advisors LP boosted its position in Qualcomm by 36.8% in the 3rd quarter. Dimensional Fund Advisors LP now owns 6,552,427 shares of the wireless technology company’s stock valued at $1,090,025,000 after buying an additional 1,764,252 shares during the last quarter. Finally, Viking Global Investors LP increased its stake in shares of Qualcomm by 120.1% in 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 buying an additional 1,720,529 shares during the period. Institutional investors own 74.35% of the company’s stock.

Insider Buying and Selling at Qualcomm

In other Qualcomm news, EVP Heather S. Ace sold 3,200 shares of the business’s stock in a transaction that occurred on Monday, May 4th. The stock was sold at an average price of $177.82, for a total transaction of $569,024.00. Following the transaction, the executive vice president owned 39,735 shares of the company’s stock, valued at $7,065,677.70. The trade was a 7.45% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CAO Patricia Y. Grech sold 829 shares of Qualcomm stock in a transaction dated Thursday, May 21st. The shares were sold at an average price of $201.77, for a total transaction of $167,267.33. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders sold 21,806 shares of company stock worth $3,928,958. Company insiders own 0.05% of the company’s stock.

Key Qualcomm News

Here are the key news stories impacting Qualcomm this week:

• Positive Sentiment: Reports that Qualcomm is in talks to acquire AI chip startup Tenstorrent for roughly $8 billion to $10 billion suggest a major push into dedicated AI accelerators and data center hardware, which could expand its growth profile beyond mobile chips. Qualcomm’s Reported Tenstorrent Talks Test Lofty Valuation And AI Ambitions
• Positive Sentiment: Qualcomm CEO Cristiano Amon said the company is developing more than 40 AI-powered device designs, including wearables and other new form factors, reinforcing the idea that Qualcomm wants to benefit from the next wave of on-device AI. Qualcomm CEO says AI agents will replace apps — as chip giant works on 40 new AI-powered devices
• Positive Sentiment: Recent coverage highlighted Qualcomm’s expansion into AI infrastructure through collaborations such as SLB and other ecosystem deals, which supports the case that the company is broadening into higher-growth markets. Qualcomm (QCOM) Expands Into AI Infrastructure Through SLB Collaboration and ByteDance Chip Agreement
• Neutral Sentiment: Analysts and commentators continue to frame Qualcomm as a value-oriented AI chip name, but they also note that smartphone exposure remains a key overhang, tempering enthusiasm even as the AI story improves. Qualcomm Is a Rare AI Chip Value Play
• Neutral Sentiment: Broader semiconductor ETF strength and heavy trading in chip names may be providing a supportive backdrop for Qualcomm, but this is a sector-wide tailwind rather than a company-specific catalyst. Semiconductor ETFs Now Dominate the Most‑Traded List — A Signal You Can’t Ignore
• Negative Sentiment: Some reports and commentary emphasize that Qualcomm’s handset business still drives investor concern, and that the stock’s recent pullback reflects skepticism about whether AI expansion can offset slower growth in smartphones. Qualcomm Drops 25%, But Investor Day Could Reverse the Slide

Wall Street Analysts Forecast Growth

A number of research firms have recently weighed in on QCOM. Sanford C. Bernstein restated a “market perform” rating and set a $140.00 target price (down from $175.00) on shares of Qualcomm in a research report on Thursday, March 26th. Oppenheimer lowered Qualcomm from a “market perform” rating to a “market perform” rating in a research report on Friday, May 8th. Susquehanna boosted their price objective on Qualcomm from $140.00 to $160.00 and gave the stock a “neutral” rating in a report on Thursday, April 30th. HSBC initiated coverage on shares of Qualcomm in a research report on Friday, May 8th. They set a “buy” rating on the stock. Finally, Bank of America initiated coverage on shares of Qualcomm in a research note on Tuesday, March 10th. They issued an “underperform” rating and a $145.00 target price on the stock. Fifteen analysts have rated the stock with a Buy rating, sixteen have issued a Hold rating and three have issued a Sell rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $184.29.

Qualcomm Stock Up 4.3%

Shares of Qualcomm stock opened at $220.81 on Tuesday. The business has a fifty day simple moving average of $186.31 and a 200 day simple moving average of $165.26. The stock has a market cap of $232.73 billion, a PE ratio of 24.00, a price-to-earnings-growth ratio of 26.19 and a beta of 1.59. The company has a quick ratio of 1.61, a current ratio of 2.37 and a debt-to-equity ratio of 0.54. Qualcomm Incorporated has a 12 month low of $121.99 and a 12 month high of $259.92.

Qualcomm (NASDAQ:QCOM) last released its earnings results on Wednesday, April 29th. The wireless technology company reported $2.65 earnings per share for the quarter, beating the consensus estimate of $2.56 by $0.09. Qualcomm had a return on equity of 42.11% and a net margin of 22.31%.The firm had revenue of $10.60 billion for the quarter, compared to analyst estimates of $10.59 billion. During the same quarter in the prior year, the firm posted $2.85 earnings per share. The company’s quarterly revenue was down 3.5% on a year-over-year basis. Qualcomm has set its Q3 2026 guidance at 2.100-2.300 EPS. Research analysts predict that Qualcomm Incorporated will post 8 EPS for the current year.

Qualcomm declared that its Board of Directors has initiated a share buyback program on Tuesday, March 17th that allows the company to buyback $20.00 billion in outstanding shares. This buyback authorization allows the wireless technology company to buy up to 14.5% of its stock through open market purchases. Stock buyback programs are often an indication that the company’s leadership believes its stock is undervalued.

Qualcomm Increases Dividend

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

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.