Franklin Resources Inc. Reduces Stake in Qualcomm Incorporated $QCOM

Franklin Resources Inc. lowered its position in Qualcomm Incorporated (NASDAQ:QCOM) by 9.6% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 5,931,870 shares of the wireless technology company’s stock after selling 627,102 shares during the period. Franklin Resources Inc. owned about 0.55% of Qualcomm worth $986,835,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of the company. Silvant Capital Management LLC lifted its holdings in Qualcomm by 0.8% in the third quarter. Silvant Capital Management LLC now owns 16,401 shares of the wireless technology company’s stock valued at $2,728,000 after acquiring an additional 132 shares during the period. Quadrant Capital Group LLC grew its stake in shares of Qualcomm by 1.4% during the 3rd quarter. Quadrant Capital Group LLC now owns 26,086 shares of the wireless technology company’s stock valued at $4,340,000 after purchasing an additional 355 shares during the period. Van ECK Associates Corp grew its stake in shares of Qualcomm by 18.3% during the 3rd quarter. Van ECK Associates Corp now owns 9,050,717 shares of the wireless technology company’s stock valued at $1,505,677,000 after purchasing an additional 1,397,466 shares during the period. Bank of Montreal Can increased its position in shares of Qualcomm by 3.2% during the 3rd quarter. Bank of Montreal Can now owns 2,035,923 shares of the wireless technology company’s stock valued at $338,696,000 after purchasing an additional 62,432 shares during the last quarter. Finally, Legal & General Group Plc increased its position in shares of Qualcomm by 0.4% during the 3rd quarter. Legal & General Group Plc now owns 9,207,183 shares of the wireless technology company’s stock valued at $1,531,707,000 after purchasing an additional 38,452 shares during the last quarter. Hedge funds and other institutional investors own 74.35% of the company’s stock.

Qualcomm Price Performance

NASDAQ QCOM opened at $135.20 on Wednesday. The company has a current ratio of 2.51, a quick ratio of 1.83 and a debt-to-equity ratio of 0.64. Qualcomm Incorporated has a 12 month low of $120.80 and a 12 month high of $205.95. The stock has a market cap of $144.26 billion, a price-to-earnings ratio of 27.93, a PEG ratio of 6.90 and a beta of 1.25. The company’s 50 day moving average is $151.94 and its two-hundred day moving average is $162.95.

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

Qualcomm Dividend Announcement

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. This represents a $3.56 dividend on an annualized basis and a yield of 2.6%. The ex-dividend date is Thursday, March 5th. Qualcomm’s dividend payout ratio is presently 73.55%.

Insiders Place Their Bets

In related news, EVP Alexander H. Rogers sold 15,917 shares of the stock in a transaction dated Tuesday, December 16th. The stock was sold at an average price of $178.01, for a total transaction of $2,833,385.17. Following the completion of the sale, the executive vice president owned 26,071 shares in the company, valued at approximately $4,640,898.71. This trade represents a 37.91% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, EVP Akash J. Palkhiwala sold 3,333 shares of Qualcomm stock in a transaction that occurred on Friday, February 6th. The shares were sold at an average price of $137.65, for a total value of $458,787.45. Following the sale, the executive vice president directly owned 35,599 shares in the company, valued at $4,900,202.35. This trade represents a 8.56% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 45,501 shares of company stock valued at $7,784,198 in the last ninety days. Insiders own 0.05% of the company’s stock.

More Qualcomm News

Here are the key news stories impacting Qualcomm this week:

• Positive Sentiment: Qualcomm announced a partnership with Wayve to accelerate AI‑powered automated driving systems, highlighting a push into automotive autonomy that could diversify revenue beyond handsets. Qualcomm, Wayve partner to accelerate AI-powered self-driving system rollout
• Positive Sentiment: Expanded collaboration with T‑Mobile on evolving from 5G Advanced toward 6G reinforces Qualcomm’s leadership in wireless infrastructure and future chipset demand cycles. QUALCOMM, Inc. (QCOM) and T-Mobile Expand Strategic Collaboration to Expedite the Industry’s Evolution from 5G Advanced to 6G
• Positive Sentiment: Partnerships with robotics/physical‑AI players (e.g., Neura Robotics) show Qualcomm is expanding into new AI hardware markets that could support longer‑term growth beyond smartphones. Qualcomm’s partnership with Neura Robotics is just the beginning
• Neutral Sentiment: Market commentary (bull and bear) is circulating — some view the pullback as a long‑term buying opportunity given Qualcomm’s cash flow and patent/royalty businesses, while others note handset memory and cyclical headwinds. Qualcomm’s Buy Thesis Remains Structurally Sound Despite Handset/Memory Headwinds
• Negative Sentiment: Bank of America reinstated coverage with an Underperform rating and warned of weak growth prospects and the risk of losing Apple business — a high‑profile call that pressured the stock and prompted investor risk‑repricing. Qualcomm Stock Tumbles — BofA Warns on Apple Exit and Weak Growth
• Negative Sentiment: Additional analyst notes stressed competitive pressures and customer concentration risk (Apple exposure), reinforcing near‑term caution despite the company’s positive strategic announcements. Qualcomm faces loss of Apple business, competitive pressures, says Bank of America

Analyst Ratings Changes

A number of equities analysts recently issued reports on the stock. UBS Group reissued a “neutral” rating on shares of Qualcomm in a report on Monday, February 2nd. Piper Sandler reiterated an “overweight” rating and issued a $200.00 price target on shares of Qualcomm in a research report on Thursday, February 5th. Citigroup reiterated a “neutral” rating on shares of Qualcomm in a research note on Thursday, January 15th. Morgan Stanley assumed coverage on shares of Qualcomm in a research report on Tuesday, February 10th. They set an “underweight” rating and a $132.00 price objective for the company. Finally, Robert W. Baird set a $177.00 target price on Qualcomm in a report on Thursday, February 5th. One research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, nine have assigned a Hold rating and three have given a Sell rating to the company. Based on data from MarketBeat.com, Qualcomm has a consensus rating of “Hold” and an average target price of $168.00.

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.