Skandinaviska Enskilda Banken AB publ Has $131.06 Million Stock Holdings in QUALCOMM Incorporated $QCOM

Skandinaviska Enskilda Banken AB publ lowered its position in shares of QUALCOMM Incorporated (NASDAQ:QCOM) by 9.1% in the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 787,719 shares of the wireless technology company’s stock after selling 78,397 shares during the quarter. Skandinaviska Enskilda Banken AB publ’s holdings in QUALCOMM were worth $131,061,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of QCOM. Vanguard Group Inc. grew its holdings in shares of QUALCOMM by 0.3% in the 2nd quarter. Vanguard Group Inc. now owns 114,659,269 shares of the wireless technology company’s stock valued at $18,260,635,000 after buying an additional 290,799 shares during the period. State Street Corp raised its stake in QUALCOMM by 0.8% during the 2nd quarter. State Street Corp now owns 53,667,047 shares of the wireless technology company’s stock worth $8,547,014,000 after buying an additional 420,352 shares during the period. Norges Bank bought a new position in QUALCOMM during the second quarter worth about $2,713,603,000. Amundi grew its stake in QUALCOMM by 38.2% in the second quarter. Amundi now owns 11,533,094 shares of the wireless technology company’s stock valued at $1,866,451,000 after acquiring an additional 3,186,524 shares during the period. Finally, Legal & General Group Plc grew its stake in QUALCOMM by 0.8% in the second quarter. Legal & General Group Plc now owns 9,168,731 shares of the wireless technology company’s stock valued at $1,460,212,000 after acquiring an additional 74,243 shares during the period. Institutional investors own 74.35% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms have recently commented on QCOM. Argus dropped their price target on QUALCOMM from $205.00 to $180.00 and set a “buy” rating on the stock in a research report on Friday, February 6th. Bank of America downgraded shares of QUALCOMM from a “buy” rating to a “neutral” rating and set a $155.00 target price on the stock. in a report on Thursday, February 5th. Robert W. Baird set a $177.00 price target on shares of QUALCOMM in a report on Thursday, February 5th. JPMorgan Chase & Co. lowered their price objective on shares of QUALCOMM from $195.00 to $185.00 and set an “overweight” rating for the company in a research report on Thursday, February 5th. Finally, Rosenblatt Securities dropped their price objective on shares of QUALCOMM from $225.00 to $190.00 and set a “buy” rating on the stock in a report on Thursday, February 5th. One research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating, eleven have issued a Hold rating and three have issued a Sell rating to the company. Based on data from MarketBeat, QUALCOMM currently has an average rating of “Hold” and a consensus price target of $164.67.

QUALCOMM Stock Performance

Shares of QCOM stock opened at $140.70 on Tuesday. The company’s fifty day simple moving average is $163.17 and its 200-day simple moving average is $164.25. 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 P/E/G ratio of 6.97 and a beta of 1.22. QUALCOMM Incorporated has a 12 month low of $120.80 and a 12 month high of $205.95.

QUALCOMM (NASDAQ:QCOM) last released its earnings results on Wednesday, February 4th. The wireless technology company reported $3.50 earnings per share for the quarter, beating analysts’ consensus estimates 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 during the quarter, compared to the consensus estimate of $12.16 billion. During the same quarter last year, the firm earned $3.41 earnings per share. The firm’s revenue for the quarter was up 4.7% compared to the same quarter last year. QUALCOMM has set its Q2 2026 guidance at 2.450-2.650 EPS. Equities research analysts expect that QUALCOMM Incorporated will post 9.39 EPS for the current fiscal year.

QUALCOMM Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, March 26th. Investors of record on Thursday, March 5th will be given a $0.89 dividend. The ex-dividend date of this dividend is Thursday, March 5th. This represents a $3.56 dividend on an annualized basis and a dividend yield of 2.5%. QUALCOMM’s payout ratio is currently 73.55%.

Insider Buying and Selling at QUALCOMM

In other QUALCOMM news, EVP Heather S. Ace sold 3,200 shares of the firm’s stock in a transaction that occurred on Monday, February 9th. The stock was sold at an average price of $137.00, for a total value of $438,400.00. Following the completion of the transaction, the executive vice president directly owned 16,393 shares in the company, valued at $2,245,841. This trade represents a 16.33% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, EVP Ann C. Chaplin sold 7,180 shares of the business’s stock in a transaction that occurred on Tuesday, December 16th. The stock was sold at an average price of $178.03, for a total value of $1,278,255.40. Following the transaction, the executive vice president directly owned 23,944 shares in the company, valued at $4,262,750.32. This trade represents a 23.07% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 46,217 shares of company stock valued at $7,901,275 in the last ninety days. Insiders own 0.05% of the company’s stock.

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.