Qualcomm Incorporated $QCOM is UG Investment Advisers Ltd.’s 3rd Largest Position

UG Investment Advisers Ltd. cut its holdings in shares of Qualcomm Incorporated (NASDAQ:QCOM) by 50.6% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 438,981 shares of the wireless technology company’s stock after selling 449,679 shares during the quarter. Qualcomm comprises approximately 17.3% of UG Investment Advisers Ltd.’s investment portfolio, making the stock its 3rd biggest position. UG Investment Advisers Ltd.’s holdings in Qualcomm were worth $75,088,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. Harbor Capital Advisors Inc. boosted its holdings in Qualcomm by 72.2% during the 3rd quarter. Harbor Capital Advisors Inc. now owns 155 shares of the wireless technology company’s stock valued at $26,000 after acquiring an additional 65 shares during the period. Cloud Capital Management LLC purchased a new position in Qualcomm during the 3rd quarter valued at about $27,000. Richardson Financial Services Inc. boosted its holdings in Qualcomm by 90.9% during the 4th quarter. Richardson Financial Services Inc. now owns 168 shares of the wireless technology company’s stock valued at $29,000 after acquiring an additional 80 shares during the period. Glass Jacobson Investment Advisors llc boosted its holdings in Qualcomm by 113.5% during the 4th quarter. Glass Jacobson Investment Advisors llc now owns 190 shares of the wireless technology company’s stock valued at $32,000 after acquiring an additional 101 shares during the period. Finally, Board of the Pension Protection Fund purchased a new position in Qualcomm during the 4th quarter valued at about $34,000. 74.35% of the stock is currently owned by hedge funds and other institutional investors.

Key Headlines Impacting Qualcomm

Here are the key news stories impacting Qualcomm this week:

• Positive Sentiment: Qualcomm raised its dividend recently, which supports income-focused investors and can underpin investor confidence even amid near-term weakness. Qualcomm Just Increased Its Dividend. Should You Buy QCOM Stock Here?
• Neutral Sentiment: Regulatory and lobbying activity disclosed a large Q1 lobbying spend (~$1.68M) on transportation, AI/6G and semiconductor tax-credit issues — signals of strategic focus but not an immediate financial catalyst. Insider trading data shows meaningful insider sales and mixed institutional flows, which can weigh on sentiment but are not definitive drivers of fundamentals. Lobbying Update: $1,680,000 of QUALCOMM INCORPORATED lobbying was just disclosed
• Neutral Sentiment: Technical momentum cooled: the stock’s nine-day rally ended and short-term trading dynamics flipped from steady buying to profit-taking, which can amplify moves when negative news appears. Qualcomm snaps nine-day winning streak
• Negative Sentiment: UBS trimmed its price target to $150, highlighting a new sector headwind: rising memory prices that can pressure chip makers’ cost structures and margins — this narrative increases downside risk for semiconductor suppliers and OEM cyclicality. UBS Trims Qualcomm’s Target to $150: Why Rising Memory Prices Are Becoming a Chip Stock Headwind
• Negative Sentiment: BNP Paribas downgraded QCOM to Neutral and cut its target sharply to $120, citing ongoing smartphone weakness with “no end in sight” — a direct hit to demand expectations for Qualcomm’s primary markets and a likely reason for near-term selling pressure. BNP Paribas Cuts QUALCOMM (QCOM) Target on Ongoing Smartphone Weakness
• Neutral Sentiment: Market write-ups summarizing the day point to the analyst downgrades and the end of the short-term rally as the proximate causes of the decline — coverage is reflecting and reinforcing those catalysts. Why Qualcomm (QCOM) Dipped More Than Broader Market Today

Insider Activity at Qualcomm

In related news, EVP Akash J. Palkhiwala sold 2,500 shares of the company’s stock in a transaction that occurred on Monday, April 13th. The stock was sold at an average price of $130.34, for a total value of $325,850.00. Following the completion of the transaction, the executive vice president directly owned 30,684 shares of the company’s stock, valued at $3,999,352.56. This represents a 7.53% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, 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 transaction of $438,400.00. Following the sale, the executive vice president directly owned 16,393 shares in the company, valued at approximately $2,245,841. The trade was a 16.33% decrease in their position. The SEC filing for this sale provides additional information. In the last 90 days, insiders have sold 9,118 shares of company stock valued at $1,233,705. 0.05% of the stock is owned by company insiders.

Qualcomm Price Performance

Qualcomm stock opened at $135.56 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. The company has a fifty day simple moving average of $134.36 and a 200-day simple moving average of $155.87. The stock has a market cap of $144.64 billion, a P/E ratio of 28.01 and a beta of 1.28. Qualcomm Incorporated has a 12-month low of $121.99 and a 12-month high of $205.95.

Qualcomm (NASDAQ:QCOM) last issued its earnings results on Wednesday, February 4th. The wireless technology company reported $3.50 EPS for the quarter, topping analysts’ consensus estimates of $3.38 by $0.12. The firm had revenue of $12.25 billion during the quarter, compared to the consensus estimate 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% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $3.41 earnings per share. Qualcomm has set its Q2 2026 guidance at 2.450-2.650 EPS. Equities analysts expect that Qualcomm Incorporated will post 8.25 EPS for the current fiscal year.

Qualcomm declared that its Board of Directors has initiated a stock repurchase plan on Tuesday, March 17th that authorizes the company to repurchase $20.00 billion in shares. This repurchase authorization authorizes the wireless technology company to buy up to 14.5% of its stock through open market purchases. Stock repurchase plans are often an indication that the company’s management believes its stock is undervalued.

Qualcomm Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, June 25th. Investors of record on Thursday, June 4th will be paid a dividend of $0.92 per share. The ex-dividend date is Thursday, June 4th. This is a positive change from Qualcomm’s previous quarterly dividend of $0.89. This represents a $3.68 annualized dividend and a yield of 2.7%. Qualcomm’s dividend payout ratio (DPR) is presently 76.03%.

Analysts Set New Price Targets

QCOM has been the subject of a number of research analyst reports. Zacks Research cut Qualcomm from a “hold” rating to a “strong sell” rating in a report on Tuesday, January 27th. Argus lowered their target price on Qualcomm from $205.00 to $180.00 and set a “buy” rating for the company in a report on Friday, February 6th. DZ Bank upgraded Qualcomm to a “strong-buy” rating in a report on Tuesday, February 10th. Susquehanna cut Qualcomm from a “positive” rating to a “neutral” rating and set a $140.00 target price for the company. in a report on Thursday, February 5th. Finally, Sanford C. Bernstein restated a “market perform” rating and set a $140.00 target price (down from $175.00) on shares of Qualcomm in a report on Thursday, March 26th. One equities research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating, thirteen have given a Hold rating and four have given a Sell rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $158.25.

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.