Qualcomm Incorporated $QCOM Shares Acquired by Banco Bilbao Vizcaya Argentaria S.A.

Banco Bilbao Vizcaya Argentaria S.A. increased its stake in shares of Qualcomm Incorporated (NASDAQ:QCOM) by 8.5% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 301,731 shares of the wireless technology company’s stock after acquiring an additional 23,571 shares during the quarter. Banco Bilbao Vizcaya Argentaria S.A.’s holdings in Qualcomm were worth $50,178,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. California Public Employees Retirement System boosted its stake in Qualcomm by 5.8% in the third quarter. California Public Employees Retirement System now owns 3,134,477 shares of the wireless technology company’s stock valued at $521,452,000 after acquiring an additional 172,771 shares in the last quarter. Chilton Investment Co. Inc. grew its holdings in shares of Qualcomm by 342.7% during the third quarter. Chilton Investment Co. Inc. now owns 9,743 shares of the wireless technology company’s stock worth $1,621,000 after purchasing an additional 7,542 shares during the last quarter. Bank of Nova Scotia increased its position in shares of Qualcomm by 19.8% during the third quarter. Bank of Nova Scotia now owns 472,902 shares of the wireless technology company’s stock worth $78,672,000 after purchasing an additional 78,123 shares in the last quarter. Argyle Capital Partners LLC lifted its holdings in shares of Qualcomm by 2.7% in the 3rd quarter. Argyle Capital Partners LLC now owns 6,443 shares of the wireless technology company’s stock valued at $1,072,000 after purchasing an additional 169 shares during the last quarter. Finally, New England Asset Management Inc. lifted its holdings in shares of Qualcomm by 0.7% in the 3rd quarter. New England Asset Management Inc. now owns 45,556 shares of the wireless technology company’s stock valued at $7,579,000 after purchasing an additional 295 shares during the last quarter. 74.35% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of research analysts recently issued reports on the company. Royal Bank Of Canada dropped their price target on Qualcomm from $180.00 to $150.00 and set a “sector perform” rating on the stock in a research note on Thursday, February 5th. Daiwa Securities Group cut Qualcomm from an “outperform” rating to a “neutral” rating and set a $140.00 price objective for the company. in a research note on Wednesday, February 11th. Piper Sandler reissued an “overweight” rating and issued a $200.00 price objective on shares of Qualcomm in a report on Thursday, February 5th. Wells Fargo & Company upgraded shares of Qualcomm from an “underweight” rating to an “equal weight” rating and raised their target price for the stock from $135.00 to $185.00 in a research report on Tuesday, February 24th. Finally, Citigroup reaffirmed a “neutral” rating on shares of Qualcomm in a report on Thursday, January 15th. One research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating, nine have assigned a Hold rating and three have issued a Sell rating to the stock. According to MarketBeat, the company has an average rating of “Hold” and a consensus target price of $168.00.

Insider Buying and Selling

In other Qualcomm news, EVP Alexander H. Rogers sold 15,917 shares of the company’s stock in a transaction on Tuesday, December 16th. The shares were sold at an average price of $178.01, for a total transaction of $2,833,385.17. Following the completion of the transaction, the executive vice president owned 26,071 shares in the company, valued at approximately $4,640,898.71. This represents a 37.91% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 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 transaction of $458,787.45. Following the completion of the sale, 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. Insiders sold 45,501 shares of company stock valued at $7,784,198 in the last ninety days. Company insiders own 0.05% of the company’s stock.

Qualcomm Stock Performance

Shares of QCOM stock opened at $129.82 on Friday. The stock has a market capitalization of $138.52 billion, a PE ratio of 26.82, a price-to-earnings-growth ratio of 6.48 and a beta of 1.25. Qualcomm Incorporated has a 52-week low of $120.80 and a 52-week high of $205.95. The stock’s 50-day moving average price is $149.54 and its 200 day moving average price is $162.36. The company has a quick ratio of 1.83, a current ratio of 2.51 and a debt-to-equity ratio of 0.64.

Qualcomm (NASDAQ:QCOM) last posted its quarterly earnings data 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. Qualcomm had a return on equity of 44.09% and a net margin of 11.96%.The company had revenue of $12.25 billion during the quarter, compared to analysts’ expectations of $12.16 billion. During the same period last year, the firm earned $3.41 EPS. The firm’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, equities research analysts forecast that Qualcomm Incorporated will post 9.39 EPS for the current year.

Qualcomm Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, March 26th. Investors of record on Thursday, March 5th will be issued a dividend of $0.89 per share. The ex-dividend date of this dividend is Thursday, March 5th. This represents a $3.56 annualized dividend and a dividend yield of 2.7%. Qualcomm’s dividend payout ratio (DPR) is currently 73.55%.

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.