Deutsche Bank AG Cuts Stock Holdings in Qualcomm Incorporated $QCOM

Deutsche Bank AG decreased its position in shares of Qualcomm Incorporated (NASDAQ:QCOM) by 9.3% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 5,638,287 shares of the wireless technology company’s stock after selling 578,146 shares during the period. Deutsche Bank AG’s holdings in Qualcomm were worth $964,429,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in QCOM. Brighton Jones LLC grew its holdings in shares of Qualcomm by 116.6% during the fourth quarter. Brighton Jones LLC now owns 17,356 shares of the wireless technology company’s stock valued at $2,666,000 after buying an additional 9,343 shares during the last quarter. Revolve Wealth Partners LLC lifted its position in Qualcomm by 15.4% during the fourth quarter. Revolve Wealth Partners LLC now owns 2,542 shares of the wireless technology company’s stock valued at $391,000 after purchasing an additional 340 shares during the period. Sivia Capital Partners LLC lifted its position in Qualcomm by 44.3% during the second quarter. Sivia Capital Partners LLC now owns 3,325 shares of the wireless technology company’s stock valued at $530,000 after purchasing an additional 1,020 shares during the period. Main Street Financial Solutions LLC lifted its position in Qualcomm by 6.1% during the second quarter. Main Street Financial Solutions LLC now owns 5,778 shares of the wireless technology company’s stock valued at $920,000 after purchasing an additional 333 shares during the period. Finally, Transamerica Financial Advisors LLC lifted its position in Qualcomm by 9.7% during the second quarter. Transamerica Financial Advisors LLC now owns 6,800 shares of the wireless technology company’s stock valued at $1,083,000 after purchasing an additional 603 shares during the period. Hedge funds and other institutional investors own 74.35% of the company’s stock.

Trending Headlines about Qualcomm

Here are the key news stories impacting Qualcomm this week:

• Positive Sentiment: NVIDIA CEO Jensen Huang publicly endorsed Qualcomm, saying investors should “buy their stock,” which sparked after-hours buying and reinforces confidence in Qualcomm’s positioning in mobile and AI-related chips.
• Positive Sentiment: Qualcomm is expanding beyond smartphones with new edge AI partnerships, including an AI-powered enterprise conference platform with Primax Electronics and edge AI collaborations with SLB and SDG&E/Scripps, supporting the company’s diversification story.
• Positive Sentiment: Qualcomm continues to build momentum in its Dragonwing edge AI ecosystem, with ecosystem partners showcasing new products at Computex 2026, which may help validate long-term demand for its non-mobile chip platforms.
• Neutral Sentiment: Recent commentary highlights a valuation debate: some analysts and articles question whether Qualcomm’s strong multi-year run has already priced in much of the AI and growth upside.
• Neutral Sentiment: Short-interest data in the latest filing showed no meaningful short position change, so there is no clear evidence of a new bearish positioning shift specific to Qualcomm.
• Negative Sentiment: Marketwide semiconductor weakness is weighing on sentiment, with reports of a sector correction and increased short selling hitting chip stocks broadly, including Qualcomm.

Insider Activity

In other Qualcomm news, EVP Heather S. Ace sold 3,200 shares of the business’s stock in a transaction that occurred on Monday, May 4th. The shares were sold at an average price of $177.82, for a total transaction of $569,024.00. Following the sale, the executive vice president owned 39,735 shares of the company’s stock, valued at approximately $7,065,677.70. The trade was a 7.45% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CAO Patricia Y. Grech sold 829 shares of the business’s stock in a transaction that occurred on Thursday, May 21st. The stock was sold at an average price of $201.77, for a total transaction of $167,267.33. 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. In the last 90 days, insiders have sold 19,306 shares of company stock worth $3,435,583. Insiders own 0.05% of the company’s stock.

Analysts Set New Price Targets

QCOM has been the topic of a number of research analyst reports. Summit Insights upgraded shares of Qualcomm from a “hold” rating to a “buy” rating in a research report on Thursday, April 30th. Craig Hallum raised shares of Qualcomm to a “buy” rating in a research note on Friday, May 8th. Barclays increased their price objective on shares of Qualcomm from $130.00 to $150.00 and gave the stock an “underweight” rating in a research note on Thursday, April 30th. Daiwa Securities Group raised shares of Qualcomm from a “neutral” rating to an “outperform” rating and set a $225.00 target price for the company in a research note on Friday, May 8th. Finally, HSBC assumed coverage on shares of Qualcomm in a research note on Friday, May 8th. They issued a “buy” rating for the company. Fourteen equities research analysts have rated the stock with a Buy rating, sixteen have given a Hold rating and four have issued a Sell rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $181.79.

Qualcomm Trading Down 5.7%

Shares of QCOM opened at $205.42 on Wednesday. Qualcomm Incorporated has a 1-year low of $121.99 and a 1-year high of $259.92. The company has a 50-day moving average of $179.97 and a 200 day moving average of $164.02. The firm has a market capitalization of $216.51 billion, a price-to-earnings ratio of 22.33, a PEG ratio of 26.97 and a beta of 1.59. The company has a debt-to-equity ratio of 0.54, a current ratio of 2.37 and a quick ratio of 1.61.

Qualcomm (NASDAQ:QCOM) last posted its quarterly earnings results on Wednesday, April 29th. The wireless technology company reported $2.65 EPS for the quarter, beating the consensus estimate of $2.56 by $0.09. Qualcomm had a net margin of 22.31% and a return on equity of 42.11%. The business had revenue of $10.60 billion during the quarter, compared to analyst estimates of $10.59 billion. During the same quarter in the previous year, the business posted $2.85 EPS. The company’s quarterly 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. On average, research analysts expect that Qualcomm Incorporated will post 7.99 EPS for the current year.

Qualcomm announced that its board has approved a stock repurchase plan on Tuesday, March 17th that allows the company to repurchase $20.00 billion in outstanding shares. This repurchase authorization allows the wireless technology company to purchase up to 14.5% of its shares through open market purchases. Shares repurchase plans are often a sign that the company’s board of directors believes its shares are undervalued.

Qualcomm Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, June 25th. Investors of record on Thursday, June 4th will be paid a dividend of $0.92 per share. This is a boost from Qualcomm’s previous quarterly dividend of $0.89. The ex-dividend date is Thursday, June 4th. This represents a $3.68 annualized dividend and a dividend yield of 1.8%. Qualcomm’s dividend payout ratio (DPR) is presently 40.00%.

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.