Qualcomm Incorporated $QCOM Shares Acquired by NEOS Investment Management LLC

NEOS Investment Management LLC increased its holdings in shares of Qualcomm Incorporated (NASDAQ:QCOM) by 8.5% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 797,157 shares of the wireless technology company’s stock after acquiring an additional 62,629 shares during the period. NEOS Investment Management LLC’s holdings in Qualcomm were worth $147,307,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of QCOM. Baxter Bros Inc. acquired a new stake in shares of Qualcomm in the 2nd quarter worth approximately $17,844,000. MUFG Securities EMEA plc increased its stake in Qualcomm by 112.2% in the 4th quarter. MUFG Securities EMEA plc now owns 43,986 shares of the wireless technology company’s stock valued at $7,524,000 after purchasing an additional 23,262 shares in the last quarter. Sequoia Financial Advisors LLC boosted its position in 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 purchasing an additional 7,804 shares in the last quarter. Valley Wealth Managers Inc. boosted its position in 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 purchasing an additional 2,288 shares in the last quarter. Finally, Western Wealth Management LLC grew its holdings in Qualcomm by 16.9% in the fourth quarter. Western Wealth Management LLC now owns 20,682 shares of the wireless technology company’s stock valued at $3,538,000 after purchasing an additional 2,990 shares during the last quarter. Hedge funds and other institutional investors own 74.35% of the company’s stock.

Analyst Ratings Changes

A number of brokerages have recently weighed in on QCOM. Lake Street Capital cut Qualcomm to a “hold” rating in a research report on Thursday, June 25th. Craig Hallum lowered shares of Qualcomm from a “buy” rating to a “hold” rating in a research report on Thursday, June 25th. The Goldman Sachs Group set a $160.00 price objective on shares of Qualcomm in a research note on Thursday, July 30th. HSBC restated a “hold” rating on shares of Qualcomm in a report on Wednesday, July 15th. Finally, Citigroup cut their target price on shares of Qualcomm from $198.00 to $175.00 and set a “neutral” rating for the company in a research report on Wednesday, July 29th. Two investment analysts have rated the stock with a Strong Buy rating, thirteen have given a Buy rating, twenty have issued a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $203.76.

Qualcomm Stock Down 0.8%

Shares of NASDAQ:QCOM opened at $168.57 on Friday. The company has a quick ratio of 1.28, a current ratio of 2.02 and a debt-to-equity ratio of 0.46. The company has a market capitalization of $177.04 billion, a P/E ratio of 19.51, a P/E/G ratio of 3.54 and a beta of 1.68. Qualcomm Incorporated has a 52-week low of $121.99 and a 52-week high of $259.92. The stock’s fifty day simple moving average is $169.46 and its 200-day simple moving average is $169.66.

Qualcomm (NASDAQ:QCOM) last posted its quarterly earnings data on Wednesday, July 29th. The wireless technology company reported $2.21 EPS for the quarter, missing analysts’ consensus estimates of $2.23 by ($0.02). Qualcomm had a return on equity of 38.36% and a net margin of 21.01%.The company had revenue of $9.95 billion for the quarter, compared to analysts’ expectations of $9.69 billion. During the same quarter in the prior year, the business posted $2.77 EPS. The company’s revenue for the quarter was down 4.0% compared to the same quarter last year. Qualcomm has set its Q4 2026 guidance at 2.050-2.250 EPS. As a group, equities research analysts forecast that Qualcomm Incorporated will post 7.74 earnings per share for the current fiscal year.

Qualcomm Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, September 24th. Stockholders of record on Thursday, September 3rd will be issued a dividend of $0.92 per share. The ex-dividend date is Thursday, September 3rd. This represents a $3.68 dividend on an annualized basis and a dividend yield of 2.2%. Qualcomm’s payout ratio is 42.59%.

Insider Activity

In related news, EVP Akash J. Palkhiwala sold 2,500 shares of the firm’s stock in a transaction that occurred on Tuesday, July 14th. The shares were sold at an average price of $180.81, for a total transaction of $452,025.00. Following the sale, the executive vice president owned 23,184 shares in the company, valued at approximately $4,191,899.04. This trade represents a 9.73% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CAO Patricia Y. Grech sold 625 shares of Qualcomm stock in a transaction that occurred on Friday, August 21st. The stock was sold at an average price of $162.85, for a total transaction of $101,781.25. Following the completion of the sale, the chief accounting officer directly owned 208 shares of the company’s stock, valued at $33,872.80. The trade was a 75.03% 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. Insiders sold a total of 11,533 shares of company stock valued at $1,961,219 over the last 90 days. Insiders own 0.05% of the company’s stock.

Key Headlines Impacting Qualcomm

Here are the key news stories impacting Qualcomm this week:

• Positive Sentiment: Dividend increased: Qualcomm raised its quarterly dividend 3.4% to $0.92 per share, signaling confidence in cash generation and offering an approximately $3.68 annualized payout. The company is expected to distribute about $983 million in the latest payment. Qualcomm Raises Quarterly Dividend 3.4% to $0.92 a Share
• Positive Sentiment: Smart-ring investment expands Qualcomm’s opportunity: Qualcomm’s venture arm participated in Ultrahuman’s $70 million funding round. Ultrahuman plans to develop software-capable smart rings with applications spanning health tracking, artificial intelligence and gaming, potentially creating additional demand for Qualcomm technology beyond smartphones. Qualcomm backs Ultrahuman in $70M round
• Positive Sentiment: Gaming and AI capabilities strengthened: Qualcomm unveiled Adreno Neural Fusion, a technology intended to improve mobile gaming graphics and AI performance. Reports indicate the next Snapdragon flagship platform will include Qualcomm’s answer to Nvidia-style upscaling technology, supporting premium-chip competitiveness. Qualcomm Unveils Adreno Neural Fusion
• Neutral Sentiment: Japan robotics push offers diversification: Qualcomm is targeting robotics and edge AI growth in Japan. The opportunity could broaden its addressable market, but analysts also cited margin pressure, weaker estimates and Apple’s planned modem shift as important risks. QCOM’s Japan Robotics Outlay Targets Edge AI
• Positive Sentiment: Valuation remains a support: One analysis suggests QCOM may be undervalued based on earnings multiples, despite a 58% three-year return. Its discounted-cash-flow estimate is only modestly above the current market value, indicating upside may be limited but that the shares are not broadly viewed as expensive. QUALCOMM Stock May Be Undervalued
• Negative Sentiment: Insider selling pressured sentiment: Reports of insider sales contributed to recent trading weakness and may raise concerns about management’s near-term confidence, even though insider transactions do not necessarily reflect changes in Qualcomm’s long-term fundamentals. Qualcomm Trading Down After Insider Selling

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.