Qualcomm Incorporated $QCOM Position Boosted by OMERS ADMINISTRATION Corp

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

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the business. Vanguard Group Inc. grew its holdings in Qualcomm by 0.6% in the 4th quarter. Vanguard Group Inc. now owns 114,144,068 shares of the wireless technology company’s stock worth $19,524,350,000 after buying an additional 647,076 shares in the last quarter. Geode Capital Management LLC boosted its stake in Qualcomm by 12.5% during the 4th 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 purchasing an additional 3,221,924 shares in the last quarter. Norges Bank bought a new position in Qualcomm during the 4th quarter valued at $2,591,056,000. Amundi boosted its stake in Qualcomm by 9.9% during the 3rd quarter. Amundi now owns 12,671,635 shares of the wireless technology company’s stock valued at $2,136,486,000 after purchasing an additional 1,138,541 shares in the last quarter. Finally, Wellington Management Group LLP boosted its stake in Qualcomm by 141.8% during the 3rd 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 purchasing an additional 7,292,783 shares in the last quarter. 74.35% of the stock is owned by institutional investors.

Qualcomm Price Performance

QCOM opened at $220.81 on Tuesday. The stock has a fifty day moving average of $186.31 and a 200-day moving average of $165.26. The firm has a market capitalization of $232.73 billion, a P/E ratio of 24.00, a PEG ratio of 26.19 and a beta of 1.59. Qualcomm Incorporated has a 12-month low of $121.99 and a 12-month 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.

Qualcomm (NASDAQ:QCOM) last released its earnings results on Wednesday, April 29th. The wireless technology company reported $2.65 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.56 by $0.09. The company had revenue of $10.60 billion during the quarter, compared to analyst estimates of $10.59 billion. Qualcomm had a return on equity of 42.11% and a net margin of 22.31%.The company’s revenue for the quarter was down 3.5% on a year-over-year basis. During the same quarter in the prior year, the company earned $2.85 earnings per share. Qualcomm has set its Q3 2026 guidance at 2.100-2.300 EPS. Equities analysts forecast that Qualcomm Incorporated will post 8 EPS for the current fiscal year.

Qualcomm announced that its Board of Directors has initiated a stock buyback program on Tuesday, March 17th that permits the company to buyback $20.00 billion in shares. This buyback authorization permits the wireless technology company to purchase up to 14.5% of its stock through open market purchases. Stock buyback programs are usually an indication that the company’s management believes its shares are undervalued.

Qualcomm Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, June 25th. Stockholders of record on Thursday, June 4th will be issued a $0.92 dividend. The ex-dividend date is Thursday, June 4th. This is an increase from Qualcomm’s previous quarterly dividend of $0.89. This represents a $3.68 dividend on an annualized basis and a dividend yield of 1.7%. Qualcomm’s dividend payout ratio is currently 40.00%.

Insiders Place Their Bets

In other news, EVP Heather S. Ace sold 3,200 shares of the stock in a transaction on Monday, May 4th. The stock was sold at an average price of $177.82, for a total value of $569,024.00. Following the completion of the sale, the executive vice president owned 39,735 shares in the company, valued at $7,065,677.70. This represents a 7.45% decrease in their ownership of the stock. The transaction 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 stock in a transaction on Monday, May 4th. The shares were sold at an average price of $180.00, for a total value of $1,800,000.00. Following the completion of the sale, the chief executive officer owned 197,568 shares of the company’s stock, valued at $35,562,240. The trade was a 4.82% decrease in their position. 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. Insiders have sold 21,806 shares of company stock worth $3,928,958 over the last three months. Company insiders own 0.05% of the company’s stock.

More Qualcomm News

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

Wall Street Analysts Forecast Growth

A number of brokerages have issued reports on QCOM. The Goldman Sachs Group began coverage on Qualcomm in a research note on Monday, March 30th. They set a “neutral” rating and a $135.00 price target for the company. Benchmark increased their price target on Qualcomm from $200.00 to $225.00 and gave the company a “buy” rating in a research note on Thursday, April 30th. Roth Mkm began coverage on Qualcomm in a research note on Friday, May 8th. They set a “buy” rating for the company. Citigroup increased their price target on Qualcomm from $140.00 to $160.00 and gave the company a “neutral” rating in a research note on Thursday, April 30th. Finally, Susquehanna increased their price target on Qualcomm from $140.00 to $160.00 and gave the company a “neutral” rating in a research note on Thursday, April 30th. Fifteen investment analysts have rated the stock with a Buy rating, sixteen have assigned a Hold rating and three have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $184.29.

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.