Qualcomm Incorporated $QCOM Shares Bought by Royal Fund Management LLC

Royal Fund Management LLC increased its position in Qualcomm Incorporated (NASDAQ:QCOM) by 40.6% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 77,249 shares of the wireless technology company’s stock after purchasing an additional 22,319 shares during the period. Qualcomm makes up 1.1% of Royal Fund Management LLC’s investment portfolio, making the stock its 21st largest holding. Royal Fund Management LLC’s holdings in Qualcomm were worth $14,217,000 at the end of the most recent quarter.

Several other hedge funds have also bought and sold shares of QCOM. BlackRock Inc. bought a new stake in Qualcomm during the 2nd quarter valued at $17,583,115,000. State Street Corp raised its holdings in Qualcomm by 1.3% during the second quarter. State Street Corp now owns 52,763,263 shares of the wireless technology company’s stock worth $9,750,123,000 after buying an additional 671,537 shares during the last quarter. Van ECK Associates Corp lifted its stake in shares of Qualcomm by 22.7% in the second quarter. Van ECK Associates Corp now owns 17,202,619 shares of the wireless technology company’s stock valued at $3,178,872,000 after buying an additional 3,179,720 shares in the last quarter. Amundi lifted its stake in shares of Qualcomm by 94.1% in the second quarter. Amundi now owns 10,195,741 shares of the wireless technology company’s stock valued at $1,884,071,000 after buying an additional 4,942,908 shares in the last quarter. Finally, Bank of New York Mellon Corp bought a new position in shares of Qualcomm in the second quarter valued at $1,523,930,000. Institutional investors and hedge funds own 74.35% of the company’s stock.

Key Headlines Impacting Qualcomm

Here are the key news stories impacting Qualcomm this week:

• Positive Sentiment: An analyst upgrade and a higher $200 price target provide a favorable valuation signal and suggest potential upside from recent levels. Qualcomm Stock Jumps on Analyst Upgrade
• Positive Sentiment: Qualcomm reported approximately $141.5 million in net ETF buying on Tuesday, indicating some institutional demand for QCOM shares. Qualcomm Sees Net ETF Buying
• Positive Sentiment: The company declared a quarterly dividend of $0.92 per share, or $3.68 annualized, supporting Qualcomm’s income appeal. The dividend is payable December 17 to shareholders of record December 3. Qualcomm Announces Quarterly Cash Dividend
• Neutral Sentiment: Qualcomm will release fourth-quarter and fiscal 2026 results after the market closes on November 4. The announcement gives investors a near-term catalyst, with guidance and management commentary likely to determine the next major move. Qualcomm Schedules Fiscal 2026 Earnings Release
• Neutral Sentiment: Qualcomm’s automotive growth is being offset by pressure on handset earnings, leaving investors focused on whether newer businesses can reduce dependence on smartphones.
• Negative Sentiment: Recent comparisons show Intel generating higher revenue across the reported quarterly periods, while Qualcomm’s sales have fluctuated and declined sequentially. Intel vs. Qualcomm: A Widening Gap in Revenue
• Negative Sentiment: An executive sold 2,500 shares worth approximately $437,650 under a pre-arranged Rule 10b5-1 plan. While routine insider selling is not necessarily bearish, it adds modest sentiment pressure.

Qualcomm Stock Performance

NASDAQ QCOM opened at $172.83 on Friday. Qualcomm Incorporated has a 1 year low of $121.99 and a 1 year high of $259.92. The company has a debt-to-equity ratio of 0.46, a current ratio of 2.02 and a quick ratio of 1.28. The firm has a market cap of $184.55 billion, a price-to-earnings ratio of 20.00, a PEG ratio of 4.00 and a beta of 1.65. The company has a fifty day moving average price of $175.97 and a 200-day moving average price of $181.04.

Qualcomm (NASDAQ:QCOM) last announced its earnings results on Wednesday, July 29th. The wireless technology company reported $2.21 EPS for the quarter, missing the consensus estimate of $2.23 by ($0.02). Qualcomm had a net margin of 21.01% and a return on equity of 38.36%. The firm had revenue of $9.95 billion during the quarter, compared to analysts’ expectations of $9.69 billion. During the same quarter in the prior year, the company earned $2.77 EPS. The business’s revenue for the quarter was down 4.0% on a year-over-year basis. Qualcomm has set its Q4 2026 guidance at 2.050-2.250 EPS. As a group, equities research analysts predict that Qualcomm Incorporated will post 7.71 EPS for the current fiscal year.

Qualcomm Dividend Announcement

The company also recently disclosed 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. The ex-dividend date is Thursday, December 3rd. This represents a $3.68 annualized dividend and a yield of 2.1%. Qualcomm’s dividend payout ratio (DPR) is 42.59%.

Insider Transactions at Qualcomm

In other Qualcomm news, EVP Heather Ace sold 3,200 shares of Qualcomm stock in a transaction that occurred on Monday, August 3rd. The shares were sold at an average price of $147.04, for a total transaction of $470,528.00. Following the transaction, the executive vice president owned 36,535 shares of the company’s stock, valued at $5,372,106.40. This trade represents a 8.05% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Ann Chaplin sold 1,827 shares of Qualcomm stock in a transaction that occurred on Friday, October 16th. The stock was sold at an average price of $174.75, for a total transaction of $319,268.25. Following the transaction, the executive vice president directly owned 25,770 shares in the company, valued at approximately $4,503,307.50. This represents a 6.62% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders have sold 33,458 shares of company stock worth $6,198,144. Company insiders own 0.05% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages have recently issued reports on QCOM. Evercore set a $159.00 price objective on shares of Qualcomm in a report on Thursday, July 30th. Cantor Fitzgerald lowered their target price on shares of Qualcomm from $200.00 to $165.00 and set a “neutral” rating on the stock in a report on Monday, July 27th. Raymond James Financial started coverage on shares of Qualcomm in a report on Thursday, June 25th. They issued a “strong-buy” rating on the stock. Morgan Stanley cut their price target on Qualcomm from $231.00 to $220.00 and set an “equal weight” rating for the company in a research note on Thursday, July 30th. Finally, Royal Bank Of Canada lifted their price target on Qualcomm from $160.00 to $180.00 and gave the company a “sector perform” rating in a research note on Wednesday, September 9th. Three equities research analysts have rated the stock with a Strong Buy rating, twelve have issued a Buy rating, twenty-one have given a Hold rating and three have given a Sell rating to the company’s stock. According to MarketBeat, Qualcomm presently has a consensus rating of “Hold” and an average target price of $205.83.

About Qualcomm

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.