Qualcomm Incorporated $QCOM Position Increased by OMERS ADMINISTRATION Corp

OMERS ADMINISTRATION Corp increased its position in shares of Qualcomm Incorporated (NASDAQ:QCOM) by 56.8% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 115,965 shares of the wireless technology company’s stock after acquiring an additional 41,994 shares during the period. OMERS ADMINISTRATION Corp’s holdings in Qualcomm were worth $19,836,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also modified their holdings of the company. Vanguard Group Inc. raised its holdings in shares of Qualcomm by 0.6% during the fourth quarter. Vanguard Group Inc. now owns 114,144,068 shares of the wireless technology company’s stock worth $19,524,350,000 after acquiring an additional 647,076 shares in the last quarter. Geode Capital Management LLC raised its holdings in shares of Qualcomm by 12.5% during the fourth quarter. Geode Capital Management LLC now owns 28,897,079 shares of the wireless technology company’s stock worth $4,931,968,000 after acquiring an additional 3,221,924 shares in the last quarter. Norges Bank purchased a new stake in shares of Qualcomm during the fourth quarter worth $2,591,056,000. Amundi raised its holdings in Qualcomm by 9.9% during the third quarter. Amundi now owns 12,671,635 shares of the wireless technology company’s stock valued at $2,136,486,000 after buying an additional 1,138,541 shares in the last quarter. Finally, Wellington Management Group LLP raised its holdings in Qualcomm by 141.8% during the third quarter. Wellington Management Group LLP now owns 12,437,240 shares of the wireless technology company’s stock valued at $2,069,059,000 after buying an additional 7,292,783 shares in the last quarter. 74.35% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several equities analysts have weighed in on the company. DZ Bank lowered Qualcomm from a “buy” rating to a “hold” rating and set a $195.00 target price on the stock. in a report on Friday, May 8th. Summit Insights upgraded Qualcomm from a “hold” rating to a “buy” rating in a report on Thursday, April 30th. Royal Bank Of Canada raised their target price on Qualcomm from $150.00 to $175.00 and gave the company a “sector perform” rating in a report on Thursday, April 30th. Deutsche Bank Aktiengesellschaft restated a “hold” rating and set a $160.00 target price on shares of Qualcomm in a report on Thursday, April 30th. Finally, The Goldman Sachs Group assumed coverage on Qualcomm in a report on Monday, March 30th. They set a “neutral” rating and a $135.00 target price on the stock. Fifteen analysts have rated the stock with a Buy rating, sixteen have given a Hold rating and three have given a Sell rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $184.29.

Qualcomm Stock Up 4.3%

QCOM stock opened at $220.81 on Tuesday. Qualcomm Incorporated has a twelve month low of $121.99 and a twelve month high of $259.92. The company 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 business’s 50-day simple moving average is $186.31 and its 200 day simple moving average is $165.26. 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 (NASDAQ:QCOM) last released its earnings results on Wednesday, April 29th. The wireless technology company reported $2.65 earnings per share for the quarter, topping analysts’ consensus estimates of $2.56 by $0.09. Qualcomm had a return on equity of 42.11% and a net margin of 22.31%.The business had revenue of $10.60 billion for the quarter, compared to the consensus estimate of $10.59 billion. During the same period last year, the business earned $2.85 earnings per share. The firm’s revenue for the quarter 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, research analysts anticipate that Qualcomm Incorporated will post 8 earnings per share for the current year.

Qualcomm Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, June 25th. Investors of record on Thursday, June 4th will be given a dividend of $0.92 per share. This represents a $3.68 dividend on an annualized basis and a yield of 1.7%. This is a boost from Qualcomm’s previous quarterly dividend of $0.89. The ex-dividend date of this dividend is Thursday, June 4th. Qualcomm’s dividend payout ratio (DPR) is 40.00%.

Qualcomm declared that its Board of Directors has approved a share repurchase program on Tuesday, March 17th that allows the company to buyback $20.00 billion in 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 usually an indication that the company’s leadership believes its shares are undervalued.

Insider Transactions at Qualcomm

In other Qualcomm news, EVP Akash J. Palkhiwala sold 2,500 shares of the firm’s stock in a transaction dated Thursday, June 11th. The shares were 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 owned 25,684 shares in the company, valued at $5,068,737.40. This trade represents a 8.87% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Cristiano R. Amon sold 10,000 shares of the firm’s stock in a transaction dated Monday, May 4th. The stock was sold at an average price of $180.00, for a total transaction of $1,800,000.00. Following the transaction, the chief executive officer owned 197,568 shares of the company’s stock, valued at approximately $35,562,240. This represents a 4.82% 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 21,806 shares of company stock valued at $3,928,958 in the last ninety days. 0.05% of the stock is owned by corporate insiders.

Key Headlines Impacting Qualcomm

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

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.