Westwood Wealth Management Buys Shares of 4,910 Qualcomm Incorporated $QCOM

Westwood Wealth Management purchased a new position in Qualcomm Incorporated (NASDAQ:QCOM) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 4,910 shares of the wireless technology company’s stock, valued at approximately $840,000.

Several other large investors have also recently made changes to their positions in QCOM. Wellington Management Group LLP lifted its holdings in Qualcomm by 141.8% in 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. Amundi boosted its stake in Qualcomm by 38.2% during the 2nd quarter. Amundi now owns 11,533,094 shares of the wireless technology company’s stock worth $1,866,451,000 after purchasing an additional 3,186,524 shares during the last quarter. Dimensional Fund Advisors LP boosted its stake in Qualcomm by 36.8% during the 3rd quarter. Dimensional Fund Advisors LP now owns 6,552,427 shares of the wireless technology company’s stock worth $1,090,025,000 after purchasing an additional 1,764,252 shares during the last quarter. Viking Global Investors LP grew its holdings in shares of Qualcomm by 120.1% during the second quarter. Viking Global Investors LP now owns 3,152,866 shares of the wireless technology company’s stock worth $502,125,000 after buying an additional 1,720,529 shares in the last quarter. Finally, Rafferty Asset Management LLC grew its holdings in shares of Qualcomm by 59.1% during the second quarter. Rafferty Asset Management LLC now owns 4,418,406 shares of the wireless technology company’s stock worth $703,675,000 after buying an additional 1,641,068 shares in the last quarter. 74.35% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at Qualcomm

In other Qualcomm news, EVP Heather S. Ace sold 3,200 shares of Qualcomm stock in a transaction dated Monday, February 9th. The shares were sold at an average price of $137.00, for a total transaction of $438,400.00. Following the completion of the sale, 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 sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Akash J. Palkhiwala sold 3,333 shares of the business’s stock in a transaction that occurred on Friday, February 6th. The shares were 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 directly owned 35,599 shares in the company, valued at $4,900,202.35. This trade represents a 8.56% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last quarter, insiders have sold 6,618 shares of company stock valued at $907,855. Company insiders own 0.05% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts have recently weighed in on the stock. Wall Street Zen downgraded shares of Qualcomm from a “buy” rating to a “hold” rating in a research note on Tuesday, December 9th. Citigroup reiterated a “neutral” rating on shares of Qualcomm in a report on Thursday, January 15th. Evercore decreased their target price on shares of Qualcomm from $157.00 to $134.00 and set an “in-line” rating on the stock in a research note on Thursday, February 5th. DZ Bank upgraded Qualcomm to a “strong-buy” rating in a report on Tuesday, February 10th. Finally, Bank of America started coverage on Qualcomm in a research report on Tuesday, March 10th. They issued an “underperform” rating and a $145.00 price target for the company. One investment analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating, eleven have assigned a Hold rating and three have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $163.77.

Qualcomm Price Performance

QCOM stock opened at $126.80 on Friday. Qualcomm Incorporated has a 52-week low of $120.80 and a 52-week high of $205.95. 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 stock has a market cap of $135.30 billion, a price-to-earnings ratio of 26.20 and a beta of 1.28. The business has a fifty day moving average of $138.77 and a two-hundred day moving average of $159.35.

Qualcomm (NASDAQ:QCOM) last released 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 analysts’ expectations of $12.16 billion. Qualcomm had a return on equity of 44.09% and a net margin of 11.96%.The company’s revenue was up 4.7% compared to the same quarter last year. During the same period in the prior year, the business posted $3.41 EPS. 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 declared that its board has approved a stock repurchase 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 typically an indication that the company’s leadership believes its stock is undervalued.

Qualcomm Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, March 26th. Shareholders of record on Thursday, March 5th were paid a dividend of $0.89 per share. This represents a $3.56 annualized dividend and a yield of 2.8%. The ex-dividend date of this dividend was Thursday, March 5th. Qualcomm’s dividend payout ratio (DPR) is 73.55%.

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.