Shell Asset Management Co. Sells 20,392 Shares of QUALCOMM Incorporated $QCOM

Shell Asset Management Co. lowered its holdings in shares of QUALCOMM Incorporated (NASDAQ:QCOM) by 48.5% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 21,627 shares of the wireless technology company’s stock after selling 20,392 shares during the quarter. Shell Asset Management Co.’s holdings in QUALCOMM were worth $3,598,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Harbor Capital Advisors Inc. increased its stake in QUALCOMM by 72.2% in the 3rd quarter. Harbor Capital Advisors Inc. now owns 155 shares of the wireless technology company’s stock worth $26,000 after buying an additional 65 shares during the period. Cloud Capital Management LLC bought a new position in QUALCOMM in the 3rd quarter worth about $27,000. Winnow Wealth LLC purchased a new position in shares of QUALCOMM during the second quarter worth approximately $32,000. Lavaca Capital LLC bought a new stake in shares of QUALCOMM during the second quarter valued at approximately $32,000. Finally, Howard Hughes Medical Institute purchased a new stake in shares of QUALCOMM in the second quarter valued at approximately $38,000. Hedge funds and other institutional investors own 74.35% of the company’s stock.

QUALCOMM Trading Up 1.6%

NASDAQ QCOM opened at $140.70 on Friday. QUALCOMM Incorporated has a 52 week low of $120.80 and a 52 week high of $205.95. The company has a 50 day moving average price of $163.86 and a 200 day moving average price of $164.26. The company has a quick ratio of 1.83, a current ratio of 2.51 and a debt-to-equity ratio of 0.64. The firm has a market cap of $150.13 billion, a PE ratio of 29.07, a price-to-earnings-growth ratio of 6.97 and a beta of 1.22.

QUALCOMM (NASDAQ:QCOM) last released its quarterly earnings results on Wednesday, February 4th. The wireless technology company reported $3.50 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.38 by $0.12. QUALCOMM had a net margin of 11.96% and a return on equity of 44.09%. The business had revenue of $12.25 billion for the quarter, compared to analyst estimates of $12.16 billion. During the same period in the previous year, the company earned $3.41 earnings per share. The business’s revenue for the quarter was up 4.7% on a year-over-year basis. QUALCOMM has set its Q2 2026 guidance at 2.450-2.650 EPS. As a group, sell-side analysts forecast that QUALCOMM Incorporated will post 9.39 EPS for the current fiscal year.

QUALCOMM Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, March 26th. Shareholders of record on Thursday, March 5th will be paid a $0.89 dividend. The ex-dividend date is Thursday, March 5th. This represents a $3.56 dividend on an annualized basis and a yield of 2.5%. QUALCOMM’s dividend payout ratio (DPR) is 73.55%.

Insiders Place Their Bets

In other QUALCOMM news, CAO Patricia Y. Grech sold 203 shares of the company’s stock in a transaction that occurred on Tuesday, December 2nd. The shares were sold at an average price of $170.00, for a total transaction of $34,510.00. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, EVP Akash J. Palkhiwala sold 3,333 shares of the firm’s stock in a transaction on Friday, February 6th. The stock was sold at an average price of $137.65, for a total value of $458,787.45. Following the completion of the transaction, the executive vice president owned 35,599 shares of the company’s stock, valued at $4,900,202.35. This trade represents a 8.56% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders have sold 46,217 shares of company stock valued at $7,901,275. 0.05% of the stock is currently owned by corporate insiders.

Key Stories Impacting QUALCOMM

Here are the key news stories impacting QUALCOMM this week:

• Positive Sentiment: MarketBeat argues Qualcomm’s pullback has set up an attractive risk/reward: technicals are deeply oversold and several analysts have raised price targets (some near $200), implying sizable upside if sentiment stabilizes. 2 Reasons Qualcomm’s Risk/Reward Is Now Red Hot
• Positive Sentiment: A Yahoo piece contends the company’s recent earnings are “soft” but ultimately better than they appear — highlighting the EPS beat and resilient revenue versus the headline guidance cut, which helps explain why some investors are buying the dip. QUALCOMM’s (NASDAQ:QCOM) Soft Earnings Are Actually Better Than They Appear
• Positive Sentiment: DZ Bank upgraded QCOM to “strong-buy,” a formal analyst vote of confidence that supports the rebound narrative. Zacks
• Neutral Sentiment: The Motley Fool included Qualcomm in a broader “best stocks to buy” discussion, suggesting the market may be overestimating the duration of weakness — helpful context but not an immediate catalyst. The Best Stocks to Buy With $1,000 Right Now
• Neutral Sentiment: Kalkine reviews QCOM’s positioning within the evolving Nasdaq tech index — useful for longer-term index-flow considerations but unclear near-term impact on the share price. What Next for QUALCOMM (NASDAQ:QCOM) in the Nasdaq Index Tech Evolution?
• Negative Sentiment: Yahoo asks whether Qualcomm can fall further after an ~18% slide this year, pointing to the guidance miss, handset exposure and reduced visibility that triggered the pullback — reminders of the main downside risks. How Much Further Will Qualcomm Fall After 18% Slide This Year?
• Negative Sentiment: Daiwa cut QCOM from “strong-buy” to “hold,” reflecting analyst caution and adding pressure to sentiment despite offsetting bullish notes from other firms. Zacks

Analyst Upgrades and Downgrades

Several research analysts have commented on the company. Wall Street Zen downgraded QUALCOMM from a “buy” rating to a “hold” rating in a report on Tuesday, December 9th. Mizuho decreased their price objective on QUALCOMM from $160.00 to $140.00 and set a “neutral” rating for the company in a report on Thursday, February 5th. Cantor Fitzgerald cut their target price on shares of QUALCOMM from $185.00 to $160.00 and set a “neutral” rating on the stock in a research report on Monday, February 2nd. Sanford C. Bernstein reaffirmed an “outperform” rating and issued a $200.00 price target on shares of QUALCOMM in a research report on Monday, February 2nd. Finally, JPMorgan Chase & Co. dropped their price objective on shares of QUALCOMM from $195.00 to $185.00 and set an “overweight” rating on the stock in a research note on Thursday, February 5th. One investment analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating, eleven have issued a Hold rating and three have assigned a Sell rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $164.67.

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.