Generali Asset Management SPA SGR Has $11.35 Million Stock Holdings in Qualcomm Incorporated $QCOM

Generali Asset Management SPA SGR grew its holdings in Qualcomm Incorporated (NASDAQ:QCOM) by 5.3% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 66,355 shares of the wireless technology company’s stock after acquiring an additional 3,361 shares during the period. Generali Asset Management SPA SGR’s holdings in Qualcomm were worth $11,350,000 at the end of the most recent reporting period.

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

Wall Street Analysts Forecast Growth

QCOM has been the subject of a number of recent analyst reports. Rosenblatt Securities reiterated a “buy” rating and set a $190.00 target price on shares of Qualcomm in a research report on Thursday, April 30th. Zacks Research upgraded shares of Qualcomm from a “strong sell” rating to a “hold” rating in a research report on Monday. Mizuho dropped their target price on shares of Qualcomm from $160.00 to $140.00 and set a “neutral” rating for the company in a research report on Thursday, February 5th. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and set a $160.00 target price on shares of Qualcomm in a research report on Thursday, April 30th. Finally, Seaport Research Partners reiterated a “sell” rating and set a $100.00 target price on shares of Qualcomm in a research report on Monday, March 16th. One investment analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, sixteen have given a Hold rating and three have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $172.40.

Qualcomm Stock Up 5.3%

Shares of NASDAQ:QCOM opened at $202.75 on Friday. Qualcomm Incorporated has a 12 month low of $121.99 and a 12 month high of $223.66. The company’s 50-day moving average price is $138.77 and its two-hundred day moving average price is $155.88. The company has a quick ratio of 1.61, a current ratio of 2.37 and a debt-to-equity ratio of 0.54. The firm has a market cap of $213.70 billion, a P/E ratio of 22.04, a P/E/G ratio of 23.76 and a beta of 1.49.

Qualcomm (NASDAQ:QCOM) last issued its quarterly earnings data on Wednesday, April 29th. The wireless technology company reported $2.65 EPS for the quarter, topping analysts’ consensus estimates of $2.56 by $0.09. Qualcomm had a net margin of 22.31% and a return on equity of 42.11%. 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 earned $2.85 EPS. The company’s revenue was down 3.5% on a year-over-year basis. Qualcomm has set its Q3 2026 guidance at 2.100-2.300 EPS. As a group, research analysts forecast that Qualcomm Incorporated will post 8.02 EPS for the current fiscal year.

Qualcomm Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, June 25th. Shareholders of record on Thursday, June 4th will be issued a dividend of $0.92 per share. The ex-dividend date of this dividend is Thursday, June 4th. This represents a $3.68 dividend on an annualized basis and a yield of 1.8%. This is an increase from Qualcomm’s previous quarterly dividend of $0.89. Qualcomm’s payout ratio is currently 38.70%.

Qualcomm declared that its Board of Directors has initiated a stock repurchase plan on Tuesday, March 17th that allows the company to repurchase $20.00 billion in outstanding shares. This repurchase authorization allows the wireless technology company to buy up to 14.5% of its shares through open market purchases. Shares repurchase plans are often a sign that the company’s management believes its shares are undervalued.

Insider Activity at Qualcomm

In other Qualcomm news, EVP Heather S. Ace sold 3,200 shares of the stock in a transaction dated Monday, May 4th. The shares were sold at an average price of $177.82, for a total transaction of $569,024.00. Following the sale, the executive vice president owned 39,735 shares of the company’s stock, valued at $7,065,677.70. This represents a 7.45% 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, EVP Akash J. Palkhiwala sold 2,500 shares of the firm’s stock in a transaction dated Monday, April 13th. The shares were sold at an average price of $130.34, for a total transaction of $325,850.00. Following the completion of the transaction, the executive vice president directly owned 30,684 shares in the company, valued at $3,999,352.56. This trade represents a 7.53% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 19,177 shares of company stock worth $3,176,966 in the last quarter. Insiders own 0.05% of the company’s stock.

Key Stories Impacting Qualcomm

Here are the key news stories impacting Qualcomm this week:

• Positive Sentiment: QCOM’s recent quarterly beat, record automotive revenue and expanding AI focus (including custom silicon for hyperscalers) have re?rated the stock and underlie investor optimism. Read More.
• Positive Sentiment: Management authorized a fresh $20 billion buyback and the company confirmed partnerships (eg. Snap AR) that support a pivot beyond smartphones — directly cited as a driver of intraday gains. Read More.
• Positive Sentiment: Broader market AI flows and an “AI momentum” trade lifted QCOM shares as investors price in Qualcomm’s role supplying lower?cost AI silicon and modem/AI combos. Read More.
• Neutral Sentiment: Product expansion: new midrange chips adding Wi?Fi 7 and gaming improvements broaden TAM at lower price points — supportive for long?term growth but less immediately market?moving than the buyback/AI news. Read More.
• Negative Sentiment: Supply headwinds: memory?related constraints were noted in a Q1 review and remain a potential drag on handset/component revenue near term. Read More.
• Negative Sentiment: Technical/valuation caution: the stock’s rapid rally has hit record?high resistance, which could prompt profit?taking or consolidation after the sharp run. Read More.
• Negative Sentiment: Competitive risk: commentary that Apple dominated 2026 procurement highlights ongoing concentration/competitive dynamics in the chip market that could limit upside in certain product cycles. Read More.

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.