DUTCH ASSET Corp Invests $1.56 Million in Qualcomm Incorporated $QCOM

DUTCH ASSET Corp acquired a new stake in shares of Qualcomm Incorporated (NASDAQ:QCOM) during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm acquired 9,136 shares of the wireless technology company’s stock, valued at approximately $1,563,000. Qualcomm makes up approximately 1.2% of DUTCH ASSET Corp’s holdings, making the stock its 18th biggest position.

Other hedge funds also recently made changes to their positions in the company. Larry Mathis Financial Planning LLC bought a new stake in shares of Qualcomm during the 4th quarter worth $702,000. Green Ridge Wealth Planning LLC bought a new position in Qualcomm in the fourth quarter valued at $442,000. Advisortrust Partners LLC purchased a new stake in Qualcomm during the fourth quarter valued at about $3,214,000. PeakShares LLC purchased a new stake in Qualcomm during the fourth quarter valued at about $977,000. Finally, Corient Private Wealth LLC raised its position in Qualcomm by 28.2% during the fourth quarter. Corient Private Wealth LLC now owns 619,782 shares of the wireless technology company’s stock valued at $106,038,000 after purchasing an additional 136,215 shares in the last quarter. 74.35% of the stock is owned by institutional investors.

Qualcomm Price Performance

QCOM opened at $226.11 on Friday. The company has a market cap of $238.32 billion, a P/E ratio of 24.58, a P/E/G ratio of 27.97 and a beta of 1.59. The business’s 50-day moving average price is $193.81 and its 200-day moving average price is $166.77. The company has a current ratio of 2.37, a quick ratio of 1.61 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 issued 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 company had revenue of $10.60 billion during the quarter, compared to analysts’ expectations of $10.59 billion. During the same period in the prior year, the business posted $2.85 EPS. Qualcomm’s quarterly revenue was down 3.5% compared to the same quarter last year. Qualcomm has set its Q3 2026 guidance at 2.100-2.300 EPS. On average, equities analysts expect that Qualcomm Incorporated will post 8 EPS for the current 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 given a $0.92 dividend. The ex-dividend date is Thursday, June 4th. This is an increase from Qualcomm’s previous quarterly dividend of $0.89. This represents a $3.68 annualized dividend and a yield of 1.6%. Qualcomm’s dividend payout ratio is presently 40.00%.

Qualcomm declared that its Board of Directors has approved a stock repurchase plan on Tuesday, March 17th that permits the company to buyback $20.00 billion in shares. This buyback authorization permits the wireless technology company to purchase up to 14.5% of its shares through open market purchases. Shares buyback plans are usually an indication that the company’s management believes its stock is undervalued.

Key Headlines Impacting Qualcomm

Here are the key news stories impacting Qualcomm this week:

• Positive Sentiment: Investor enthusiasm is building ahead of Qualcomm’s June 24 Investor Day, where management is expected to highlight AI agents, data center chips, industrial AI, physical AI, and 6G as new growth drivers.
• Positive Sentiment: Reports that Qualcomm is expanding into AI data center silicon and may have won a custom AI engagement with a hyperscale customer are reinforcing the stock’s shift from a handset story to an AI infrastructure story.
• Positive Sentiment: Qualcomm is also getting bullish attention from articles highlighting its automotive and autonomous-driving opportunities, including collaboration with QCraft and production vehicles using its SA8650P platform.
• Neutral Sentiment: Qualcomm CEO Cristiano Amon’s comments on AI agents and the idea that “agents are going to be the new app” add to the company’s AI narrative, but are more strategic than immediately financial. Article: Qualcomm CEO Cristiano Amon on the new world of AI agents
• Neutral Sentiment: Qualcomm is one of the most-watched stocks on Zacks right now, but that by itself does not provide a clear fundamental catalyst. Article: Is Trending Stock QUALCOMM Incorporated (QCOM) a Buy Now?
• Neutral Sentiment: Analyst and valuation commentary is conflicting, with some price targets still pointing higher while other coverage remains cautious, keeping the stock’s outlook mixed. Article: QUALCOMM (QCOM) Stock Could Be 34.2% Overvalued Despite Its Recent Rally
• Negative Sentiment: Some analysts warn that the latest jump may not be sustainable, noting that rising earnings-estimate revisions may not translate into more upside in the near term. Article: Strength Seen in Qualcomm (QCOM): Can Its 6.2% Jump Turn into More Strength?
• Negative Sentiment: One recent valuation piece says Qualcomm may be roughly 34% overvalued after its rally, which could pressure the stock if investors begin to focus on fundamentals rather than momentum.

Analyst Upgrades and Downgrades

A number of research firms have recently issued reports on QCOM. Rosenblatt Securities reiterated a “buy” rating and issued a $190.00 price objective on shares of Qualcomm in a report on Thursday, April 30th. Citigroup raised their price objective on Qualcomm from $140.00 to $160.00 and gave the company a “neutral” rating in a report on Thursday, April 30th. The Goldman Sachs Group began coverage on Qualcomm in a research report on Monday, March 30th. They issued a “neutral” rating and a $135.00 target price for the company. Barclays upped their target price on Qualcomm from $130.00 to $150.00 and gave the stock an “underweight” rating in a research note on Thursday, April 30th. Finally, Summit Insights upgraded shares of Qualcomm from a “hold” rating to a “buy” rating in a research report on Thursday, April 30th. Fifteen analysts have rated the stock with a Buy rating, sixteen have assigned a Hold rating and three have given a Sell rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $188.04.

Insider Buying and Selling

In other news, CEO Cristiano R. Amon sold 10,000 shares of the firm’s stock in a transaction that occurred 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 transaction, the chief executive officer owned 197,568 shares in the company, valued at approximately $35,562,240. This trade represents a 4.82% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible 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 Qualcomm stock in a transaction on Thursday, June 11th. The stock was sold at an average price of $197.35, for a total transaction of $493,375.00. Following the completion of the transaction, the executive vice president directly owned 25,684 shares in the company, valued at approximately $5,068,737.40. The trade was a 8.87% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 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. 0.05% of the stock is owned by company insiders.

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.