Keudell Morrison Wealth Management Buys Shares of 14,207 Qualcomm Incorporated $QCOM

Keudell Morrison Wealth Management bought a new stake in Qualcomm Incorporated (NASDAQ:QCOM) during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund bought 14,207 shares of the wireless technology company’s stock, valued at approximately $2,430,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Swedbank AB grew its stake in shares of Qualcomm by 1.5% during the fourth quarter. Swedbank AB now owns 1,533,420 shares of the wireless technology company’s stock worth $262,291,000 after acquiring an additional 23,110 shares during the last quarter. NBC Securities Inc. grew its stake in shares of Qualcomm by 47.5% during the fourth quarter. NBC Securities Inc. now owns 18,691 shares of the wireless technology company’s stock worth $3,197,000 after acquiring an additional 6,018 shares during the last quarter. Sequoia Financial Advisors LLC grew its stake in shares of Qualcomm by 5.7% during the fourth quarter. Sequoia Financial Advisors LLC now owns 143,690 shares of the wireless technology company’s stock worth $24,578,000 after acquiring an additional 7,804 shares during the last quarter. Valley Wealth Managers Inc. grew its stake in shares of Qualcomm by 6.1% during the fourth quarter. Valley Wealth Managers Inc. now owns 40,009 shares of the wireless technology company’s stock worth $6,844,000 after acquiring an additional 2,288 shares during the last quarter. Finally, Western Wealth Management LLC grew its stake in shares of Qualcomm by 16.9% during the fourth quarter. Western Wealth Management LLC now owns 20,682 shares of the wireless technology company’s stock worth $3,538,000 after acquiring an additional 2,990 shares during the last quarter. Hedge funds and other institutional investors own 74.35% of the company’s stock.

Insider Transactions at Qualcomm

In other Qualcomm news, EVP Akash J. Palkhiwala sold 2,500 shares of the business’s stock in a transaction that occurred on Tuesday, May 12th. The stock was sold at an average price of $211.90, for a total value of $529,750.00. Following the completion of the transaction, the executive vice president directly owned 28,184 shares of the company’s stock, valued at approximately $5,972,189.60. The trade was a 8.15% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through 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 business’s stock in a transaction that occurred 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 transaction, the chief executive officer directly owned 197,568 shares of the company’s stock, valued at $35,562,240. The trade was a 4.82% decrease in their ownership of the stock. 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. Over the last three months, insiders sold 19,306 shares of company stock worth $3,435,583. 0.05% of the stock is owned by company insiders.

Analyst Ratings Changes

QCOM has been the topic of a number of research analyst reports. Daiwa Securities Group upgraded Qualcomm from a “neutral” rating to an “outperform” rating and set a $225.00 price target on the stock in a research note on Friday, May 8th. Roth Mkm initiated coverage on Qualcomm in a research note on Friday, May 8th. They set a “buy” rating on the stock. Mizuho dropped their price target on Qualcomm from $160.00 to $140.00 and set a “neutral” rating on the stock in a research note on Thursday, February 5th. Benchmark boosted their price target on Qualcomm from $200.00 to $225.00 and gave the stock a “buy” rating in a research note on Thursday, April 30th. Finally, Deutsche Bank Aktiengesellschaft restated a “hold” rating and set a $160.00 price target on shares of Qualcomm in a research note on Thursday, April 30th. Fourteen analysts have rated the stock with a Buy rating, sixteen have issued a Hold rating and four have assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Hold” and an average target price of $181.79.

Trending Headlines about Qualcomm

Here are the key news stories impacting Qualcomm this week:

• Positive Sentiment: Analysts and market commentary continue to highlight Qualcomm as a potential beneficiary of AI growth, including its Snapdragon X Elite/Plus PC processors and expanding opportunities in data center and AI infrastructure. Article Title
• Positive Sentiment: Qualcomm was also cited as an alternative AI stock as investors look beyond Nvidia, reinforcing the bull case that QCOM could still have upside from broader AI demand. Article Title
• Positive Sentiment: Recent coverage notes Qualcomm’s AI business gains, including CPU and ASIC performance, and points out that the company remains a holding in Ken Fisher’s portfolio, which may support investor confidence. Article Title
• Neutral Sentiment: CAO Patricia Y. Grech sold 829 shares under a pre-arranged Rule 10b5-1 trading plan. The sale was modest in size, so it is unlikely to be a major fundamental concern, but insider selling can still weigh on sentiment. Article Title
• Negative Sentiment: QCOM has also been hit by a broader semiconductor selloff tied to valuation concerns and profit-taking after the AI rally, with investors cautious ahead of major chip earnings. Article Title
• Negative Sentiment: One market update said Qualcomm fell as the semiconductor sector weakened ahead of Nvidia’s earnings, suggesting the stock’s recent decline is being driven more by sector rotation than by a single Qualcomm-specific setback. Article Title

Qualcomm Trading Up 5.4%

Qualcomm stock opened at $213.41 on Friday. 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 Incorporated has a 52 week low of $121.99 and a 52 week high of $247.90. The company has a market capitalization of $224.93 billion, a price-to-earnings ratio of 23.20, a price-to-earnings-growth ratio of 25.08 and a beta of 1.49. The stock has a 50-day moving average price of $152.74 and a 200 day moving average price of $158.33.

Qualcomm (NASDAQ:QCOM) last released its earnings results on Wednesday, April 29th. The wireless technology company reported $2.65 EPS for the quarter, topping analysts’ consensus estimates of $2.56 by $0.09. Qualcomm had a return on equity of 42.11% and a net margin of 22.31%.The firm had revenue of $10.60 billion during the quarter, compared to the consensus estimate of $10.59 billion. During the same quarter in the previous year, the company posted $2.85 earnings per share. The company’s revenue was down 3.5% compared to the same quarter last year. Qualcomm has set its Q3 2026 guidance at 2.100-2.300 EPS. Sell-side analysts anticipate that Qualcomm Incorporated will post 7.99 EPS for the current year.

Qualcomm declared that its Board of Directors has initiated a share buyback 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 purchase up to 14.5% of its shares through open market purchases. Shares repurchase plans are usually a sign that the company’s management believes its stock is undervalued.

Qualcomm Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, June 25th. Investors of record on Thursday, June 4th will be issued a dividend of $0.92 per share. This represents a $3.68 dividend on an annualized basis and a dividend yield of 1.7%. This is a positive change from Qualcomm’s previous quarterly dividend of $0.89. The ex-dividend date of this dividend is Thursday, June 4th. Qualcomm’s dividend payout ratio is presently 40.00%.

About Qualcomm

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.