Element Capital Management LLC Invests $1.28 Million in Qualcomm Incorporated $QCOM

Element Capital Management LLC bought a new stake in Qualcomm Incorporated (NASDAQ:QCOM) in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 7,456 shares of the wireless technology company’s stock, valued at approximately $1,275,000.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Evolve Private Wealth LLC purchased a new position in Qualcomm during the fourth quarter worth approximately $4,805,000. Engineers Gate Manager LP increased its holdings in shares of Qualcomm by 170.4% during the 4th quarter. Engineers Gate Manager LP now owns 8,175 shares of the wireless technology company’s stock worth $1,398,000 after buying an additional 5,152 shares during the last quarter. Capitolis Liquid Global Markets LLC raised its position in shares of Qualcomm by 219.3% in the 4th quarter. Capitolis Liquid Global Markets LLC now owns 863,370 shares of the wireless technology company’s stock worth $147,679,000 after buying an additional 592,970 shares during the period. Claro Advisors Inc. boosted its holdings in Qualcomm by 3.0% in the fourth quarter. Claro Advisors Inc. now owns 3,288 shares of the wireless technology company’s stock valued at $562,000 after acquiring an additional 95 shares during the last quarter. Finally, City National Bank of Florida MSD grew its position in Qualcomm by 8.5% during the fourth quarter. City National Bank of Florida MSD now owns 1,854 shares of the wireless technology company’s stock valued at $317,000 after acquiring an additional 145 shares during the period. Institutional investors and hedge funds own 74.35% of the company’s stock.

Qualcomm Price Performance

Shares of QCOM stock opened at $212.97 on Thursday. The firm has a fifty day simple moving average of $189.80 and a 200-day simple moving average of $165.94. The company has a market capitalization of $224.47 billion, a PE ratio of 23.15, a price-to-earnings-growth ratio of 26.48 and a beta of 1.59. Qualcomm Incorporated has a twelve month low of $121.99 and a twelve month high of $259.92. The company has a current ratio of 2.37, a quick ratio of 1.61 and a debt-to-equity ratio of 0.54.

Qualcomm (NASDAQ:QCOM) last issued its earnings results on Wednesday, April 29th. The wireless technology company reported $2.65 earnings per share for the quarter, topping the consensus estimate of $2.56 by $0.09. The firm had revenue of $10.60 billion for 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 firm’s revenue for the quarter was down 3.5% on a year-over-year basis. During the same period last year, the company earned $2.85 earnings per share. Qualcomm has set its Q3 2026 guidance at 2.100-2.300 EPS. Equities research analysts anticipate that Qualcomm Incorporated will post 8 earnings per share for the current fiscal year.

Qualcomm declared that its board has approved a stock buyback plan on Tuesday, March 17th that authorizes the company to buyback $20.00 billion in shares. This buyback authorization authorizes the wireless technology company to purchase up to 14.5% of its stock through open market purchases. Stock buyback plans are generally an indication that the company’s board of directors believes its shares are undervalued.

Qualcomm Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, June 25th. Shareholders 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 yield of 1.7%. This is a positive change from Qualcomm’s previous quarterly dividend of $0.89. The ex-dividend date is Thursday, June 4th. Qualcomm’s dividend payout ratio is currently 40.00%.

Insiders Place Their Bets

In other Qualcomm news, EVP Heather S. Ace sold 3,200 shares of the firm’s stock in a transaction that occurred 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 sale, the executive vice president owned 39,735 shares of the company’s stock, valued at $7,065,677.70. This trade represents a 7.45% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available 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 company’s stock in a transaction that occurred on Monday, May 4th. The stock was sold at an average price of $180.00, for a total value of $1,800,000.00. Following the transaction, the chief executive officer owned 197,568 shares of the company’s stock, valued at approximately $35,562,240. This trade represents a 4.82% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last ninety days, insiders sold 21,806 shares of company stock valued at $3,928,958. 0.05% of the stock is owned by company insiders.

Key Headlines Impacting Qualcomm

Here are the key news stories impacting Qualcomm this week:

• Positive Sentiment: Qualcomm is reportedly in talks to acquire Tenstorrent, a deal that could expand QCOM’s AI chip and data center capabilities and strengthen its long-term growth story. Qualcomm in Talks to Acquire AI Chip Startup Tenstorrent for Up to $10 Billion, Reuters Reports
• Positive Sentiment: Qualcomm unveiled a new AI data center program with a major hyperscaler, signaling that it is moving beyond phones and PCs into AI infrastructure, with initial shipments planned for the December quarter. Qualcomm (QCOM) Launches New AI Data Center Program With A Major Hyperscaler
• Positive Sentiment: Qualcomm’s upcoming quarterly dividend highlights strong cash generation and may support investor sentiment, especially alongside its ongoing buyback program. Qualcomm to pay dividends next week; Here’s how much 100 QCOM shares will earn
• Neutral Sentiment: Analyst and media coverage has increasingly framed Qualcomm as a potential AI beneficiary, which is keeping QCOM in focus but does not by itself change fundamentals. Qualcomm AI Deal Talks Put QCOM Back In Tech Market Focus
• Neutral Sentiment: Comparisons versus peers like MaxLinear are highlighting competitive pressure in wireless connectivity chips, but this is more of an industry backdrop than a direct catalyst. MXL vs. QCOM: Which Wireless Connectivity Chip Stock Wins Today?
• Negative Sentiment: Qualcomm’s stock has also been under pressure at times recently as investors weigh whether the company can execute its AI pivot while handset demand remains cyclical. Qualcomm (QCOM) Dips More Than Broader Market: What You Should Know

Analyst Ratings Changes

QCOM has been the subject of several research analyst reports. Zacks Research upgraded Qualcomm from a “strong sell” rating to a “hold” rating in a research note on Monday, May 4th. Tigress Financial increased their target price on shares of Qualcomm from $270.00 to $280.00 and gave the stock a “buy” rating in a research report on Friday, May 8th. Rosenblatt Securities restated a “buy” rating and issued a $190.00 price target on shares of Qualcomm in a report on Thursday, April 30th. Bank of America initiated coverage on shares of Qualcomm in a research note on Tuesday, March 10th. They set an “underperform” rating and a $145.00 price objective for the company. Finally, Citigroup increased their price objective on shares of Qualcomm from $140.00 to $160.00 and gave the stock a “neutral” rating in a research report on Thursday, April 30th. Fifteen equities research analysts have rated the stock with a Buy rating, sixteen have given a Hold rating and three have assigned 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 price target of $188.04.

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.