26,706 Qualcomm Incorporated $QCOM Shares Bought by Robeco Institutional Asset Management B.V.

Robeco Institutional Asset Management B.V. increased its holdings in Qualcomm Incorporated (NASDAQ:QCOM) by 5.7% in the 3rd quarter, Holdings Channel reports. The institutional investor owned 497,227 shares of the wireless technology company’s stock after purchasing an additional 26,706 shares during the period. Robeco Institutional Asset Management B.V.’s holdings in Qualcomm were worth $91,510,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also bought and sold shares of the business. JFS Wealth Advisors LLC raised its holdings in Qualcomm by 3.4% during the 2nd quarter. JFS Wealth Advisors LLC now owns 1,595 shares of the wireless technology company’s stock valued at $295,000 after acquiring an additional 53 shares during the period. Wall Street Financial Group Inc. boosted its holdings in shares of Qualcomm by 1.9% in the second quarter. Wall Street Financial Group Inc. now owns 3,050 shares of the wireless technology company’s stock worth $564,000 after acquiring an additional 57 shares during the period. Sunbeam Capital Management LLC boosted its holdings in shares of Qualcomm by 3.7% in the second quarter. Sunbeam Capital Management LLC now owns 1,637 shares of the wireless technology company’s stock worth $303,000 after acquiring an additional 58 shares during the period. Basepoint Wealth LLC boosted its holdings in shares of Qualcomm by 1.8% in the first quarter. Basepoint Wealth LLC now owns 3,333 shares of the wireless technology company’s stock worth $429,000 after acquiring an additional 59 shares during the period. Finally, Five Oceans Advisors grew its position in shares of Qualcomm by 3.3% in the second quarter. Five Oceans Advisors now owns 1,827 shares of the wireless technology company’s stock valued at $338,000 after purchasing an additional 59 shares in the last quarter. 74.35% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

QCOM has been the topic of a number of analyst reports. Rosenblatt Securities reiterated a “buy” rating and set a $235.00 price objective on shares of Qualcomm in a research note on Wednesday, September 9th. Zacks Research downgraded Qualcomm from a “hold” rating to a “strong sell” rating in a research note on Tuesday, September 15th. Royal Bank Of Canada raised their target price on Qualcomm from $160.00 to $180.00 and gave the stock a “sector perform” rating in a research note on Wednesday, September 9th. TD Cowen lifted their target price on Qualcomm from $175.00 to $200.00 and gave the company a “buy” rating in a report on Monday. Finally, Arete Research upgraded Qualcomm to a “strong-buy” rating in a research report on Friday, October 16th. Three investment analysts have rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, twenty-one have issued a Hold rating and three have given a Sell rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $205.83.

Qualcomm Stock Up 1.3%

Shares of NASDAQ QCOM opened at $177.96 on Thursday. Qualcomm Incorporated has a 12 month low of $121.99 and a 12 month high of $259.92. The company has a current ratio of 2.02, a quick ratio of 1.28 and a debt-to-equity ratio of 0.46. The firm has a market capitalization of $190.03 billion, a price-to-earnings ratio of 20.60, a PEG ratio of 3.96 and a beta of 1.65. The business has a 50-day moving average of $175.81 and a 200-day moving average of $180.71.

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

Qualcomm Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, December 17th. Shareholders of record on Thursday, December 3rd will be paid a $0.92 dividend. This represents a $3.68 dividend on an annualized basis and a yield of 2.1%. The ex-dividend date of this dividend is Thursday, December 3rd. Qualcomm’s payout ratio is currently 42.59%.

Insiders Place Their Bets

In other Qualcomm news, EVP Heather Ace sold 3,200 shares of the business’s stock in a transaction that occurred on Monday, August 3rd. The shares were sold at an average price of $147.04, for a total value of $470,528.00. Following the completion of the transaction, the executive vice president owned 36,535 shares of the company’s stock, valued at $5,372,106.40. The trade was a 8.05% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Cristiano Amon sold 10,000 shares of the stock in a transaction on Friday, September 25th. The stock was sold at an average price of $200.00, for a total transaction of $2,000,000.00. Following the completion of the transaction, the chief executive officer directly owned 177,568 shares in the company, valued at $35,513,600. The trade was a 5.33% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders have sold 33,458 shares of company stock worth $6,198,144. 0.05% of the stock is owned by corporate insiders.

Key Stories Impacting Qualcomm

Here are the key news stories impacting Qualcomm this week:

• Positive Sentiment: TD Cowen raised its Qualcomm price target to $200 from $175 and upgraded the shares to “Buy.” The revision signals improved confidence in Qualcomm’s valuation and long-term growth prospects. TD Cowen analyst action
• Positive Sentiment: Qualcomm declared a quarterly dividend of $0.92 per share, payable December 17 to shareholders of record December 3. The $3.68 annualized payout represents a yield of approximately 2.1% and reinforces the stock’s appeal to income-oriented investors. Qualcomm Announces Quarterly Cash Dividend
• Positive Sentiment: The planned acquisition of PickNik Robotics could broaden Qualcomm’s AI growth strategy. PickNik’s robotics software may strengthen the Dragonwing ecosystem and help Qualcomm expand beyond smartphones into physical AI, industrial automation and connected devices. Can Qualcomm’s PickNik Acquisition Strengthen Its Robotics Edge?
• Neutral Sentiment: Qualcomm reportedly plans global job cuts following employee performance reviews. The restructuring could reduce expenses and improve operating margins, but the lack of disclosed details regarding the scale, timing and severance costs creates near-term execution uncertainty. Qualcomm to Cut Jobs Worldwide in Performance-Focused Layoffs
• Negative Sentiment: Executive Vice President Akash Palkhiwala sold 2,500 shares for approximately $437,650. The sale was conducted under a pre-arranged Rule 10b5-1 plan, which reduces its significance, but it adds to concerns because Qualcomm insiders have reported open-market sales without purchases in recent months. Qualcomm Insider Share Sale

Qualcomm Profile

Qualcomm Incorporated is a technology company that develops and commercializes wireless communications and semiconductor technologies. Through Qualcomm Technologies, Inc, the company designs integrated circuits, system software and related platforms used in smartphones, personal computers, automobiles, industrial equipment, consumer devices and other connected products. Its Snapdragon platforms support mobile computing, connectivity, artificial intelligence and multimedia applications, while its broader portfolio includes radio-frequency systems, networking and edge-computing technologies.

Qualcomm also operates a significant technology-licensing business through its Qualcomm Technology Licensing segment.