Erste Asset Management GmbH Increases Stock Position in Qualcomm Incorporated $QCOM

Erste Asset Management GmbH boosted its stake in Qualcomm Incorporated (NASDAQ:QCOM) by 64.3% in the fourth quarter, Holdings Channel.com reports. The fund owned 162,849 shares of the wireless technology company’s stock after buying an additional 63,728 shares during the quarter. Erste Asset Management GmbH’s holdings in Qualcomm were worth $28,130,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also recently bought and sold shares of QCOM. Norges Bank purchased a new stake in Qualcomm in the fourth quarter valued at $2,591,056,000. Wellington Management Group LLP lifted its position in Qualcomm by 141.8% in 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 acquiring an additional 7,292,783 shares during the last quarter. Geode Capital Management LLC lifted its position in Qualcomm by 12.5% in the fourth quarter. Geode Capital Management LLC now owns 28,897,079 shares of the wireless technology company’s stock valued at $4,931,968,000 after acquiring an additional 3,221,924 shares during the last quarter. Dimensional Fund Advisors LP lifted its position in Qualcomm by 36.8% in the third quarter. Dimensional Fund Advisors LP now owns 6,552,427 shares of the wireless technology company’s stock valued at $1,090,025,000 after acquiring an additional 1,764,252 shares during the last quarter. Finally, Viking Global Investors LP lifted its position in Qualcomm by 120.1% in the second quarter. Viking Global Investors LP now owns 3,152,866 shares of the wireless technology company’s stock valued at $502,125,000 after acquiring an additional 1,720,529 shares during the last quarter. 74.35% of the stock is owned by hedge funds and other institutional investors.

Qualcomm Stock Performance

Shares of Qualcomm stock opened at $215.94 on Monday. Qualcomm Incorporated has a 52-week low of $121.99 and a 52-week high of $259.92. 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 company’s 50-day simple moving average is $176.66 and its 200-day simple moving average is $163.38. The firm has a market cap of $227.60 billion, a price-to-earnings ratio of 23.47, a price-to-earnings-growth ratio of 26.75 and a beta of 1.59.

Qualcomm (NASDAQ:QCOM) last issued its quarterly earnings results on Wednesday, April 29th. The wireless technology company reported $2.65 earnings per share (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 business had revenue of $10.60 billion for the quarter, compared to analyst estimates of $10.59 billion. During the same period in the previous year, the business posted $2.85 earnings per share. The business’s 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. As a group, equities research analysts anticipate that Qualcomm Incorporated will post 7.99 earnings per share for the current year.

Qualcomm declared that its Board of Directors has authorized a stock repurchase program on Tuesday, March 17th that authorizes the company to buyback $20.00 billion in outstanding shares. This buyback authorization authorizes the wireless technology company to repurchase up to 14.5% of its stock through open market purchases. Stock buyback programs are usually a sign that the company’s management believes its stock is undervalued.

Qualcomm Increases Dividend

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

Key Headlines Impacting Qualcomm

Here are the key news stories impacting Qualcomm this week:

• Negative Sentiment: Qualcomm shares fell as a broad chip selloff hit the sector after Broadcom earnings and a stronger-than-expected U.S. jobs report fueled rate-hike concerns and pressure on semiconductor names. Why Qualcomm (QCOM) Stock Is Nosediving
• Negative Sentiment: Nvidia’s new AI PC chip has intensified competition in Windows laptops, raising concerns that Qualcomm’s Snapdragon franchise could face more pricing and share pressure. Qualcomm stock under pressure as Nvidia unveils new AI PC chip
• Negative Sentiment: Another market update highlighted Qualcomm’s recent weakness even as broader markets rose, reflecting investor caution around the stock’s near-term setup. Qualcomm (QCOM) Stock Slides as Market Rises: Facts to Know Before You Trade
• Neutral Sentiment: Qualcomm was rated a “Hold” in a recent valuation check that noted its AI growth initiatives, but also the stock’s volatile trading around Nvidia-related competition. 1 High-Flying Artificial Intelligence Stock You Might Want to Avoid Buying Right Now
• Neutral Sentiment: Primax announced Qualcomm-powered edge AI conference platforms, which supports Qualcomm’s presence in AI hardware but appears to be a smaller commercial win rather than a major stock-moving catalyst. Primax Advances AI Conference Solutions with Qualcomm-Powered Edge AI Platforms

Insider Activity

In other news, CEO Cristiano R. Amon sold 10,000 shares of the business’s stock in a transaction dated Monday, May 4th. The shares were sold at an average price of $180.00, for a total transaction of $1,800,000.00. Following the transaction, the chief executive officer directly owned 197,568 shares in the company, valued at $35,562,240. The trade was a 4.82% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available 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 business’s stock in a transaction dated Monday, May 4th. The stock was sold at an average price of $177.82, for a total transaction of $569,024.00. Following the transaction, the executive vice president owned 39,735 shares in the company, valued at approximately $7,065,677.70. This trade represents a 7.45% 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. In the last three months, insiders have sold 19,306 shares of company stock valued at $3,435,583. 0.05% of the stock is owned by insiders.

Wall Street Analyst Weigh In

A number of research firms have commented on QCOM. Wells Fargo & Company lowered shares of Qualcomm from a “positive” rating to an “underweight” rating in a research note on Friday, May 8th. Royal Bank Of Canada upped their target price on shares of Qualcomm from $150.00 to $175.00 and gave the company a “sector perform” rating in a report on Thursday, April 30th. Argus set a $220.00 target price on shares of Qualcomm in a report on Friday, May 1st. Summit Insights raised shares of Qualcomm from a “hold” rating to a “buy” rating in a report on Thursday, April 30th. Finally, Roth Mkm began coverage on shares of Qualcomm in a report on Friday, May 8th. They issued a “buy” rating for the company. Fourteen analysts have rated the stock with a Buy rating, sixteen have assigned a Hold rating and four have given a Sell rating to the stock. According to data from MarketBeat, Qualcomm currently has a consensus rating of “Hold” and an average price target of $181.79.

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.