Qualcomm Incorporated $QCOM Stock: Rakuten Investment Management Inc. Raises Stake

Rakuten Investment Management Inc. increased its stake in Qualcomm Incorporated (NASDAQ:QCOM) by 17.0% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 361,175 shares of the wireless technology company’s stock after acquiring an additional 52,363 shares during the quarter. Rakuten Investment Management Inc.’s holdings in Qualcomm were worth $66,492,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in the stock. BlackRock Inc. bought a new position in Qualcomm during the 2nd quarter worth approximately $17,583,115,000. State Street Corp boosted its stake in shares of Qualcomm by 1.3% in the 2nd quarter. State Street Corp now owns 52,763,263 shares of the wireless technology company’s stock valued at $9,750,123,000 after purchasing an additional 671,537 shares during the last quarter. Van ECK Associates Corp boosted its stake in shares of Qualcomm by 22.7% in the 2nd quarter. Van ECK Associates Corp now owns 17,202,619 shares of the wireless technology company’s stock valued at $3,178,872,000 after purchasing an additional 3,179,720 shares during the last quarter. Amundi boosted its stake in shares of Qualcomm by 94.1% in the 2nd quarter. Amundi now owns 10,195,741 shares of the wireless technology company’s stock valued at $1,884,071,000 after purchasing an additional 4,942,908 shares during the last quarter. Finally, Bank of New York Mellon Corp acquired a new stake in shares of Qualcomm during the second quarter worth $1,523,930,000. 74.35% of the stock is currently owned by institutional investors.

Qualcomm News Summary

Here are the key news stories impacting Qualcomm this week:

• Positive Sentiment: Qualcomm Ventures joined a $700 million funding round for AI startup Hark, which is developing AI models, software and hardware for a personal-assistant platform. The investment could create opportunities for Qualcomm chips in future consumer devices, though commercial benefits are uncertain. Qualcomm Joins Hark Funding Round
• Positive Sentiment: One report highlights potential data-center business with major hyperscalers as a possible growth engine that could help offset handset weakness. The timing and scale of revenue remain key uncertainties. Qualcomm May Be a Data-Center AI Winner
• Neutral Sentiment: Investors are focused on the Nov. 4 earnings report for updates on quarterly performance, the handset outlook and whether AI ambitions can support future growth. Qualcomm Q4 2026 Earnings Preview
• Negative Sentiment: Near-term fundamentals are a concern: Qualcomm’s phone-chip revenue fell 20% year over year in the June quarter, and previews flag possible revenue declines, rising costs and margin pressure. This increases the importance of the company’s guidance. Should You Buy Qualcomm Before Its Nov. 4 Report?
• Negative Sentiment: Qualcomm has also been caught in a broader semiconductor selloff. A report noted an 11% one-day drop on Oct. 30 as the PHLX Semiconductor Index fell about 7%; another cited the stock trading more than 37% below its year-to-date high and losing a key support level. Qualcomm Loses Crucial Support Ahead of Earnings

Insider Activity at Qualcomm

In other Qualcomm news, CAO Patricia Grech sold 208 shares of the firm’s stock in a transaction on Monday, August 31st. The shares were sold at an average price of $170.00, for a total value of $35,360.00. The transaction 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 Ann Chaplin sold 1,827 shares of Qualcomm stock in a transaction on Friday, October 16th. The shares were sold at an average price of $174.75, for a total transaction of $319,268.25. Following the completion of the sale, the executive vice president directly owned 25,770 shares of the company’s stock, valued at approximately $4,503,307.50. This trade represents a 6.62% decrease in their ownership of the stock. 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. Over the last three months, insiders have sold 30,258 shares of company stock valued at $5,727,616. Company insiders own 0.05% of the company’s stock.

Qualcomm Stock Performance

Shares of QCOM stock opened at $164.43 on Wednesday. The firm has a 50 day moving average of $177.98 and a 200-day moving average of $169.42. The company has a market cap of $175.58 billion, a price-to-earnings ratio of 19.03, a price-to-earnings-growth ratio of 3.65 and a beta of 1.70. The company has a quick ratio of 1.28, a current ratio of 2.02 and a debt-to-equity ratio of 0.46. Qualcomm Incorporated has a 52 week low of $121.99 and a 52 week high of $259.92.

Qualcomm Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, December 17th. Investors of record on Thursday, December 3rd will be paid a dividend of $0.92 per share. The ex-dividend date of this dividend is Thursday, December 3rd. This represents a $3.68 annualized dividend and a yield of 2.2%. Qualcomm’s dividend payout ratio is currently 42.59%.

Analyst Upgrades and Downgrades

QCOM has been the subject of a number of analyst reports. Royal Bank Of Canada lifted their target price on shares of Qualcomm from $160.00 to $180.00 and gave the stock a “sector perform” rating in a research note on Wednesday, September 9th. Cantor Fitzgerald cut their price target on shares of Qualcomm from $200.00 to $165.00 and set a “neutral” rating on the stock in a research report on Monday, July 27th. HSBC reiterated a “hold” rating on shares of Qualcomm in a report on Wednesday, July 15th. Wells Fargo & Company lowered their price objective on Qualcomm from $265.00 to $170.00 and set an “equal weight” rating for the company in a research report on Thursday, July 30th. Finally, Arete Research raised Qualcomm to a “strong-buy” rating in a research note on Friday, October 16th. Three research analysts have rated the stock with a Strong Buy rating, twelve have given a Buy rating, twenty-one have issued a Hold rating and three have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $205.48.

About Qualcomm

Qualcomm Incorporated is a technology company that develops and commercializes wireless communications and semiconductor technologies. Through Qualcomm Technologies, Inc, the company designs integrated circuits, system software and related platforms used in smartphones, personal computers, automobiles, industrial equipment, consumer devices and other connected products. Its Snapdragon platforms support mobile computing, connectivity, artificial intelligence and multimedia applications, while its broader portfolio includes radio-frequency systems, networking and edge-computing technologies.

Qualcomm also operates a significant technology-licensing business through its Qualcomm Technology Licensing segment.