Rakuten Investment Management Inc. Boosts Holdings in Qualcomm Incorporated $QCOM

Rakuten Investment Management Inc. raised its holdings in shares of Qualcomm Incorporated (NASDAQ:QCOM) by 162.1% during the fourth quarter, HoldingsChannel.com reports. The firm owned 228,765 shares of the wireless technology company’s stock after buying an additional 141,486 shares during the period. Rakuten Investment Management Inc.’s holdings in Qualcomm were worth $39,675,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in QCOM. Richardson Financial Services Inc. increased its position in Qualcomm by 90.9% during the 4th quarter. Richardson Financial Services Inc. now owns 168 shares of the wireless technology company’s stock valued at $29,000 after buying an additional 80 shares in the last quarter. Torren Management LLC acquired a new stake in Qualcomm in the fourth quarter worth about $29,000. Caitong International Asset Management Co. Ltd grew its stake in shares of Qualcomm by 17,000.0% during the fourth quarter. Caitong International Asset Management Co. Ltd now owns 171 shares of the wireless technology company’s stock worth $29,000 after acquiring an additional 170 shares during the last quarter. Glass Jacobson Investment Advisors llc increased its holdings in shares of Qualcomm by 113.5% during the fourth quarter. Glass Jacobson Investment Advisors llc now owns 190 shares of the wireless technology company’s stock valued at $32,000 after acquiring an additional 101 shares in the last quarter. Finally, Commonwealth Retirement Investments LLC acquired a new position in shares of Qualcomm during the fourth quarter valued at about $32,000. Institutional investors and hedge funds own 74.35% of the company’s stock.

Insider Activity at Qualcomm

In other news, CAO Patricia Y. Grech sold 829 shares of Qualcomm stock in a transaction dated Thursday, May 21st. The shares were sold at an average price of $201.77, for a total value of $167,267.33. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Heather S. Ace sold 3,200 shares of the company’s stock in a transaction dated Monday, May 4th. The stock was sold at an average price of $177.82, for a total transaction of $569,024.00. Following the transaction, the executive vice president owned 39,735 shares of the company’s stock, valued at approximately $7,065,677.70. This trade represents a 7.45% 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. Insiders sold a total of 21,806 shares of company stock worth $3,928,958 in the last quarter. 0.05% of the stock is owned by insiders.

Key Qualcomm News

Here are the key news stories impacting Qualcomm this week:

• Positive Sentiment: CEO Cristiano Amon said Qualcomm is developing 40+ AI device designs, including wearables and other “agent” hardware, reinforcing the company’s push beyond handsets into new consumer AI categories. Qualcomm CEO says AI agents will replace apps — as chip giant works on 40 new AI-powered devices
• Positive Sentiment: Reports that Qualcomm may be in talks to acquire AI chip startup Tenstorrent for $8 billion to $10 billion suggest an aggressive move to expand into dedicated AI accelerators and data-center hardware. Qualcomm in talks to buy Tenstorrent, The Information reports
• Positive Sentiment: Several articles highlighted Qualcomm as an AI-chip value play, with growing excitement around its data-center chip plans and diversification into autos and edge AI, which is helping offset worries about slowing smartphone demand. Qualcomm Stock Shakes Off Smartphone, PC Fears as AI Chip Excitement Grows
• Neutral Sentiment: Other coverage repeated the same theme: Qualcomm is increasingly seen as shifting from a handset-centric story to a broader AI infrastructure and edge-computing narrative, which supports the stock’s recent strength but does not add a new near-term financial update. Qualcomm Is a Rare AI Chip Value Play
• Negative Sentiment: Some commentary still flags Qualcomm’s smartphone exposure as a risk, and the market is waiting for proof that new AI initiatives can translate into durable revenue growth. Breakfast News: QCOM Looks Past Phones for Growth

Qualcomm Price Performance

Shares of Qualcomm stock opened at $220.81 on Tuesday. The firm has a market cap of $232.73 billion, a PE ratio of 24.00, a P/E/G ratio of 26.19 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 quick ratio of 1.61, a current ratio of 2.37 and a debt-to-equity ratio of 0.54. The business has a 50-day moving average price of $186.31 and a 200 day moving average price of $165.26.

Qualcomm (NASDAQ:QCOM) last issued its quarterly earnings results on Wednesday, April 29th. The wireless technology company reported $2.65 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.56 by $0.09. Qualcomm had a return on equity of 42.11% and a net margin of 22.31%.The company had revenue of $10.60 billion for the quarter, compared to the consensus estimate of $10.59 billion. During the same quarter in the prior year, the business posted $2.85 earnings per share. Qualcomm’s revenue for the quarter was down 3.5% on a year-over-year basis. Qualcomm has set its Q3 2026 guidance at 2.100-2.300 EPS. Sell-side analysts predict that Qualcomm Incorporated will post 8 earnings per share for the current fiscal year.

Qualcomm announced that its board has approved a stock buyback program on Tuesday, March 17th that permits the company to buyback $20.00 billion in shares. This buyback authorization permits the wireless technology company to repurchase up to 14.5% of its stock through open market purchases. Stock buyback programs are generally an indication that the company’s management believes its shares are undervalued.

Qualcomm Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, June 25th. Investors of record on Thursday, June 4th will be paid a $0.92 dividend. The ex-dividend date of this dividend is Thursday, June 4th. This represents a $3.68 dividend on an annualized basis and a yield of 1.7%. This is an increase from Qualcomm’s previous quarterly dividend of $0.89. Qualcomm’s dividend payout ratio is 40.00%.

Analysts Set New Price Targets

A number of research firms recently commented on QCOM. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and issued a $160.00 target price on shares of Qualcomm in a research note on Thursday, April 30th. Barclays lifted 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. Weiss Ratings reissued a “hold (c)” rating on shares of Qualcomm in a report on Friday, March 27th. Rosenblatt Securities reissued a “buy” rating and issued a $190.00 target price on shares of Qualcomm in a research report on Thursday, April 30th. Finally, Oppenheimer cut Qualcomm from a “market perform” rating to a “market perform” rating in a research report on Friday, May 8th. Fifteen investment 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, the company presently has a consensus rating of “Hold” and an average target price of $184.29.

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.