Baader Bank Aktiengesellschaft Cuts Holdings in Qualcomm Incorporated $QCOM

Baader Bank Aktiengesellschaft cut its position in shares of Qualcomm Incorporated (NASDAQ:QCOM) by 6.6% during the 4th quarter, Holdings Channel reports. The firm owned 42,371 shares of the wireless technology company’s stock after selling 2,986 shares during the quarter. Baader Bank Aktiengesellschaft’s holdings in Qualcomm were worth $7,246,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in QCOM. Brighton Jones LLC boosted its stake in Qualcomm by 116.6% in the fourth quarter. Brighton Jones LLC now owns 17,356 shares of the wireless technology company’s stock valued at $2,666,000 after acquiring an additional 9,343 shares during the last quarter. Revolve Wealth Partners LLC boosted its stake in Qualcomm by 15.4% in the fourth quarter. Revolve Wealth Partners LLC now owns 2,542 shares of the wireless technology company’s stock valued at $391,000 after acquiring an additional 340 shares during the last quarter. Sivia Capital Partners LLC raised its position in shares of Qualcomm by 44.3% in the second quarter. Sivia Capital Partners LLC now owns 3,325 shares of the wireless technology company’s stock valued at $530,000 after purchasing an additional 1,020 shares during the period. Main Street Financial Solutions LLC raised its position in shares of Qualcomm by 6.1% in the second quarter. Main Street Financial Solutions LLC now owns 5,778 shares of the wireless technology company’s stock valued at $920,000 after purchasing an additional 333 shares during the period. Finally, Transamerica Financial Advisors LLC raised its position in shares of Qualcomm by 9.7% in the second quarter. Transamerica Financial Advisors LLC now owns 6,800 shares of the wireless technology company’s stock valued at $1,083,000 after purchasing an additional 603 shares during the period. 74.35% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

QCOM has been the topic of several research reports. Morgan Stanley initiated coverage on shares of Qualcomm in a research report on Friday, May 8th. They issued an “overweight” rating on the stock. The Goldman Sachs Group initiated coverage on shares of Qualcomm in a research report on Monday, March 30th. They issued a “neutral” rating and a $135.00 price target on the stock. Robert W. Baird set a $300.00 price target on shares of Qualcomm in a research report on Friday, May 1st. Roth Mkm started coverage on shares of Qualcomm in a report on Friday, May 8th. They set a “buy” rating on the stock. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and set a $160.00 target price on shares of Qualcomm in a report on Thursday, April 30th. Fourteen equities research analysts have rated the stock with a Buy rating, fifteen have given a Hold rating and four have issued a Sell rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $180.37.

Qualcomm Price Performance

Shares of NASDAQ:QCOM opened at $213.21 on Thursday. The company’s fifty day moving average price is $144.88 and its 200-day moving average price is $157.33. The firm has a market capitalization of $224.72 billion, a price-to-earnings ratio of 23.18, a PEG ratio of 26.05 and a beta of 1.49. Qualcomm Incorporated has a one year low of $121.99 and a one year high of $247.90. 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 (NASDAQ:QCOM) last issued its quarterly earnings results 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. The firm had revenue of $10.60 billion for 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 business’s revenue for the quarter was down 3.5% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $2.85 EPS. Qualcomm has set its Q3 2026 guidance at 2.100-2.300 EPS. On average, equities research analysts anticipate that Qualcomm Incorporated will post 7.99 earnings per share for the current fiscal year.

Qualcomm Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, June 25th. Investors 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 annualized dividend and a dividend yield of 1.7%. This is an increase from Qualcomm’s previous quarterly dividend of $0.89. Qualcomm’s payout ratio is 38.70%.

Qualcomm announced that its Board of Directors has authorized a stock buyback 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 buy up to 14.5% of its shares through open market purchases. Shares buyback plans are generally a sign that the company’s leadership believes its stock is undervalued.

More Qualcomm News

Here are the key news stories impacting Qualcomm this week:

• Positive Sentiment: Analysts and commentators remain constructive on Qualcomm’s shift into AI infrastructure, with reports of a hyperscaler design win and views that the company could benefit from the CPU server cycle and custom silicon demand. Qualcomm: The Cheapest AI Winner (Rating Upgrade)
• Positive Sentiment: Wall Street commentary highlighted new Snapdragon mobile platforms and Qualcomm’s positioning as an AI beneficiary, reinforcing hopes for growth beyond its core handset business. QUALCOMM Incorporated (QCOM) Eyes Smartphone Growth with New Snapdragon Platforms
• Positive Sentiment: Several analysts raised or reiterated bullish targets, including a higher price target from Tigress Financial, which supports the idea that the stock still has upside if execution improves. Tigress Financial Partners Reaffirms Buy Rating on QUALCOMM (QCOM) Amid AI Expansion
• Neutral Sentiment: An executive sold shares under a pre-arranged 10b5-1 plan, which is worth noting but is less significant than a discretionary insider sale. Akash J. Palkhiwala insider trade
• Negative Sentiment: Some analysts remain cautious after Qualcomm’s huge run-up, warning that the AI rally may have outrun near-term fundamentals and that the stock could be vulnerable to further pullbacks. Qualcomm drops 13% as chip stocks pull back from record AI-driven rally

Insider Buying and Selling at Qualcomm

In related news, CAO Patricia Y. Grech sold 192 shares of the stock in a transaction on Thursday, April 30th. The shares were sold at an average price of $172.00, for a total transaction of $33,024.00. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Heather S. Ace sold 3,200 shares of the stock in a transaction on Monday, May 4th. The shares were sold at an average price of $177.82, for a total transaction of $569,024.00. Following the transaction, the executive vice president directly owned 39,735 shares in the company, valued at approximately $7,065,677.70. This represents a 7.45% 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 a total of 18,477 shares of company stock worth $3,268,316 in the last quarter. 0.05% of the stock is currently owned by company insiders.

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.