Robertson Stephens Wealth Management LLC Has $8.90 Million Stock Position in Qualcomm Incorporated $QCOM

Robertson Stephens Wealth Management LLC lifted its stake in shares of Qualcomm Incorporated (NASDAQ:QCOM) by 238.2% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 52,032 shares of the wireless technology company’s stock after purchasing an additional 36,646 shares during the quarter. Robertson Stephens Wealth Management LLC’s holdings in Qualcomm were worth $8,900,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of the stock. Danske Bank A S grew its holdings in shares of Qualcomm by 5.6% during the 4th quarter. Danske Bank A S now owns 624,198 shares of the wireless technology company’s stock worth $106,769,000 after purchasing an additional 32,992 shares in the last quarter. Uptick Partners LLC grew its holdings in shares of Qualcomm by 28.3% during the 4th quarter. Uptick Partners LLC now owns 1,726 shares of the wireless technology company’s stock worth $295,000 after purchasing an additional 381 shares in the last quarter. Oppenheimer Asset Management Inc. grew its holdings in shares of Qualcomm by 21.0% during the 4th quarter. Oppenheimer Asset Management Inc. now owns 120,250 shares of the wireless technology company’s stock worth $20,569,000 after purchasing an additional 20,905 shares in the last quarter. Cullinan Associates Inc. grew its holdings in shares of Qualcomm by 6.5% during the 4th quarter. Cullinan Associates Inc. now owns 44,294 shares of the wireless technology company’s stock worth $7,577,000 after purchasing an additional 2,714 shares in the last quarter. Finally, Citizens Financial Group Inc. RI grew its holdings in shares of Qualcomm by 1.6% during the 4th quarter. Citizens Financial Group Inc. RI now owns 68,587 shares of the wireless technology company’s stock worth $11,732,000 after purchasing an additional 1,054 shares in the last quarter. 74.35% of the stock is owned by institutional investors and hedge funds.

Qualcomm Stock Performance

NASDAQ:QCOM opened at $177.00 on Friday. The stock’s 50-day simple moving average is $135.69 and its 200 day simple moving average is $155.33. The firm has a market capitalization of $188.85 billion, a PE ratio of 19.24 and a beta of 1.49. The company has a quick ratio of 1.83, a current ratio of 2.37 and a debt-to-equity ratio of 0.54. Qualcomm Incorporated has a twelve month low of $121.99 and a twelve month high of $205.95.

Qualcomm (NASDAQ:QCOM) last released its quarterly earnings data on Wednesday, April 29th. The wireless technology company reported $2.65 earnings per share for the quarter, beating the consensus estimate of $2.56 by $0.09. The business 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%.Qualcomm’s revenue was down 3.5% compared to the same quarter last year. During the same period last year, the firm posted $2.85 earnings per share. Qualcomm has set its Q3 2026 guidance at 2.100-2.300 EPS. On average, analysts anticipate that Qualcomm Incorporated will post 8.18 EPS for the current fiscal year.

Qualcomm Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, June 25th. Shareholders of record on Thursday, June 4th will be given a $0.92 dividend. This is a boost from Qualcomm’s previous quarterly dividend of $0.89. This represents a $3.68 annualized dividend and a yield of 2.1%. The ex-dividend date is Thursday, June 4th. Qualcomm’s dividend payout ratio is 38.70%.

Qualcomm declared that its board has approved a stock repurchase plan on Tuesday, March 17th that permits the company to repurchase $20.00 billion in shares. This repurchase authorization permits the wireless technology company to repurchase up to 14.5% of its stock through open market purchases. Stock repurchase plans are usually a sign that the company’s management believes its shares are undervalued.

Analyst Ratings Changes

Several analysts have recently issued reports on QCOM shares. BNP Paribas Exane lowered Qualcomm to a “neutral” rating in a report on Wednesday. Bank of America began coverage on Qualcomm in a report on Tuesday, March 10th. They set an “underperform” rating and a $145.00 target price on the stock. Barclays raised their price objective on Qualcomm from $130.00 to $150.00 and gave the company an “underweight” rating in a research note on Thursday. Benchmark raised their price objective on Qualcomm from $200.00 to $225.00 and gave the company a “buy” rating in a research note on Thursday. Finally, Loop Capital raised Qualcomm from a “hold” rating to a “buy” rating and set a $185.00 price objective on the stock in a research note on Tuesday, February 24th. One analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating, fifteen have issued a Hold rating and four have issued a Sell rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $172.40.

Insider Buying and Selling at Qualcomm

In other Qualcomm news, EVP Akash J. Palkhiwala sold 3,333 shares of the stock in a transaction dated Friday, February 6th. The stock was sold at an average price of $137.65, for a total value of $458,787.45. Following the completion of the transaction, the executive vice president directly owned 35,599 shares in the company, valued at approximately $4,900,202.35. This trade represents a 8.56% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Heather S. Ace sold 3,200 shares of the stock in a transaction dated Monday, February 9th. The shares were sold at an average price of $137.00, for a total value of $438,400.00. Following the completion of the transaction, the executive vice president owned 16,393 shares of the company’s stock, valued at $2,245,841. This represents a 16.33% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last three months, insiders sold 9,310 shares of company stock worth $1,266,729. 0.05% of the stock is currently owned by insiders.

More Qualcomm News

Here are the key news stories impacting Qualcomm this week:

• Positive Sentiment: Q2 beat and segment strength — Qualcomm topped EPS expectations and showed strong automotive/licensing performance, which supports near?term earnings quality and helped fuel the recent rally. Qualcomm (QCOM) Posts Stellar Q2
• Positive Sentiment: Data?center/hyperscaler validation — CEO commentary that Qualcomm will ship custom data?center chips to a “large hyperscaler” this year materially changed the narrative and underpins hopes for a new, higher?growth revenue stream. Reuters: Qualcomm shares jump
• Positive Sentiment: Analyst support — Multiple firms raised targets or reaffirmed buy ratings (e.g., Benchmark, Rosenblatt, Summit Insights upgrade), which added fuel to the rally and legitimized the AI/data?center story. Wall Street Lifts Qualcomm Price Target
• Neutral Sentiment: Technicals and momentum — Chart signals show an overbought setup after the rapid rally; that attracts momentum buyers but raises short?term pullback risk. Barron’s: Technicals
• Neutral Sentiment: Capital returns — Ongoing buyback authorization and a raised quarterly dividend support shareholder returns, a stabilizing factor for valuation. MarketBeat: QCOM summary
• Negative Sentiment: Below?consensus Q3 guide & memory shortage — Qualcomm guided Q3 revenue/EPS below Street expectations and pointed to a memory supply issue that could pressure handset demand, which triggered the initial post?earnings weakness. Reuters: Forecast underwhelms
• Negative Sentiment: Insider sale disclosure — A CAO disclosed a small Rule 10b5?1 sale (192 shares); minimal on its own but noted by some data aggregators amid high?volume trading. InsiderTrades: Insider sale

Qualcomm Company 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.