Roman Butler Fullerton & Co. Purchases 3,344 Shares of Qualcomm Incorporated $QCOM

Roman Butler Fullerton & Co. grew its position in Qualcomm Incorporated (NASDAQ:QCOM) by 158.6% during the 1st quarter, according to the company in its most recent disclosure with the SEC. The firm owned 5,452 shares of the wireless technology company’s stock after purchasing an additional 3,344 shares during the period. Roman Butler Fullerton & Co.’s holdings in Qualcomm were worth $695,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in QCOM. Vanguard Group Inc. grew its holdings in shares of Qualcomm by 0.6% in the 4th quarter. Vanguard Group Inc. now owns 114,144,068 shares of the wireless technology company’s stock valued at $19,524,350,000 after buying an additional 647,076 shares during the period. Geode Capital Management LLC raised its stake in Qualcomm by 12.5% during the 4th quarter. Geode Capital Management LLC now owns 28,897,079 shares of the wireless technology company’s stock worth $4,931,968,000 after buying an additional 3,221,924 shares during the period. Wellington Management Group LLP raised its stake in Qualcomm by 34.5% during the 4th quarter. Wellington Management Group LLP now owns 16,727,862 shares of the wireless technology company’s stock worth $2,861,301,000 after buying an additional 4,290,622 shares during the period. Norges Bank bought a new position in Qualcomm during the fourth quarter worth about $2,591,056,000. Finally, Amundi lifted its holdings in Qualcomm by 9.9% during the third quarter. Amundi now owns 12,671,635 shares of the wireless technology company’s stock worth $2,136,486,000 after acquiring an additional 1,138,541 shares in the last quarter. 74.35% of the stock is owned by institutional investors.

Insider Buying and Selling at Qualcomm

In other Qualcomm news, 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. The transaction 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, CEO Cristiano R. Amon sold 10,000 shares of the stock in a transaction that occurred on Monday, May 4th. The shares were sold at an average price of $180.00, for a total value of $1,800,000.00. Following the completion of the sale, the chief executive officer directly owned 197,568 shares of the company’s stock, valued at approximately $35,562,240. The trade was a 4.82% 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. Insiders have sold a total of 21,721 shares of company stock valued at $3,918,290 over the last quarter. 0.05% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

QCOM has been the subject of several recent analyst reports. Guggenheim set a $200.00 price target on Qualcomm in a report on Monday, June 22nd. TD Cowen reiterated a “buy” rating and set a $200.00 price objective on shares of Qualcomm in a report on Thursday, June 25th. Cantor Fitzgerald set a $220.00 price objective on Qualcomm and gave the company a “neutral” rating in a research report on Thursday, June 25th. Oppenheimer cut Qualcomm from a “market perform” rating to a “market perform” rating in a research note on Friday, May 8th. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Qualcomm in a report on Wednesday, June 24th. One equities research analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating, twenty have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, Qualcomm presently has a consensus rating of “Hold” and a consensus target price of $220.45.

Trending Headlines about Qualcomm

Here are the key news stories impacting Qualcomm this week:

• Positive Sentiment: Bernstein’s Stacy Rasgon said AI demand is “exploding,” with tight memory capacity boosting demand across chips, wafers, and related tools — a bullish backdrop for Qualcomm and other semiconductor names. Article Title
• Positive Sentiment: Qualcomm’s automotive business is continuing to grow, with record automotive revenue of $1.33 billion in Q2 fiscal 2026, up 38% year over year, supported by Snapdragon Digital Chassis adoption. Article Title
• Positive Sentiment: DBS Bank upgraded Qualcomm to moderate buy, adding to the positive sentiment around the stock. Article Title
• Positive Sentiment: Several bullish commentary pieces argue Qualcomm’s data center pivot and automotive strength could support a larger rebound after its earlier pullback, with one model projecting significant upside over the next 12 months. Article Title
• Neutral Sentiment: Qualcomm announced an on-device AI deepfake detection partnership with Scam.ai for its Halo platform, highlighting expansion beyond smartphones into AI security applications. Article Title
• Neutral Sentiment: Some analysts and market commentary note that Qualcomm was removed from certain Russell growth and defensive indices, which may create mechanical fund-flow pressure and temper gains. Article Title
• Negative Sentiment: Not all coverage is upbeat: Goldman Sachs reiterated a hold rating, and one Seeking Alpha piece argued Qualcomm’s strategic shift may not be enough to change sentiment quickly. Article Title

Qualcomm Stock Up 2.4%

Shares of Qualcomm stock opened at $191.11 on Friday. The firm has a market cap of $201.43 billion, a PE ratio of 20.77, a P/E/G ratio of 5.55 and a beta of 1.63. The business’s 50 day simple moving average is $208.93 and its 200 day simple moving average is $168.21. The company has a debt-to-equity ratio of 0.54, a quick ratio of 1.61 and a current ratio of 2.37. Qualcomm Incorporated has a 52-week low of $121.99 and a 52-week high of $259.92.

Qualcomm (NASDAQ:QCOM) last released its quarterly earnings results on Wednesday, April 29th. The wireless technology company reported $2.65 earnings per share 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 firm had revenue of $10.60 billion during the quarter, compared to the consensus estimate of $10.59 billion. During the same quarter in the prior year, the firm posted $2.85 EPS. The business’s revenue was down 3.5% on a year-over-year basis. Qualcomm has set its Q3 2026 guidance at 2.100-2.300 EPS. On average, analysts predict that Qualcomm Incorporated will post 7.96 earnings per share for the current fiscal year.

Qualcomm announced that its Board of Directors has initiated a share buyback plan on Tuesday, March 17th that permits the company to repurchase $20.00 billion in outstanding shares. This repurchase authorization permits the wireless technology company to purchase up to 14.5% of its shares through open market purchases. Shares repurchase plans are generally an indication that the company’s board believes its shares are undervalued.

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.