Stratos Wealth Partners LTD. Decreases Stake in Qualcomm Incorporated $QCOM

04 Apr 2026, 07:20 by Renee Jackson · The Cerbat Gem

Stratos Wealth Partners LTD. cut its position in shares of Qualcomm Incorporated (NASDAQ:QCOM – Free Report) by 4.0% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 120,367 shares of the wireless technology company’s stock after selling 5,076 shares during the period. Stratos Wealth Partners LTD.’s holdings in Qualcomm were worth $20,589,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in QCOM. State Street Corp raised its holdings in shares of Qualcomm by 0.8% during the 2nd quarter. State Street Corp now owns 53,667,047 shares of the wireless technology company’s stock worth $8,547,014,000 after acquiring an additional 420,352 shares in the last quarter. Amundi grew its holdings in shares of Qualcomm by 9.9% in the third quarter. Amundi now owns 12,671,635 shares of the wireless technology company’s stock valued at $2,136,486,000 after purchasing an additional 1,138,541 shares in the last quarter. Wellington Management Group LLP grew its holdings in shares of Qualcomm by 141.8% in the third quarter. Wellington Management Group LLP now owns 12,437,240 shares of the wireless technology company’s stock valued at $2,069,059,000 after purchasing an additional 7,292,783 shares in the last quarter. Invesco Ltd. increased its position in Qualcomm by 2.3% in the third quarter. Invesco Ltd. now owns 9,874,113 shares of the wireless technology company’s stock worth $1,642,657,000 after purchasing an additional 220,209 shares during the last quarter. Finally, Legal & General Group Plc increased its position in Qualcomm by 0.4% in the third quarter. Legal & General Group Plc now owns 9,207,183 shares of the wireless technology company’s stock worth $1,531,707,000 after purchasing an additional 38,452 shares during the last quarter. Hedge funds and other institutional investors own 74.35% of the company’s stock.

Insiders Place Their Bets

In related news, EVP Akash J. Palkhiwala sold 3,333 shares of Qualcomm stock in a transaction dated Friday, February 6th. The shares were sold at an average price of $137.65, for a total transaction of $458,787.45. Following the completion of the sale, the executive vice president owned 35,599 shares in the company, valued at $4,900,202.35. This trade represents a 8.56% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, EVP Heather S. Ace sold 3,200 shares of the business’s stock in a transaction dated Monday, February 9th. The shares were sold at an average price of $137.00, for a total transaction of $438,400.00. Following the completion of the sale, the executive vice president directly owned 16,393 shares of the company’s stock, valued at approximately $2,245,841. This trade represents a 16.33% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 6,618 shares of company stock valued at $907,855 over the last three months. Insiders own 0.05% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms have commented on QCOM. Sanford C. Bernstein reiterated a “market perform” rating and set a $140.00 price objective (down from $175.00) on shares of Qualcomm in a research report on Thursday, March 26th. Robert W. Baird set a $177.00 target price on shares of Qualcomm in a report on Thursday, February 5th. Loop Capital upgraded shares of Qualcomm from a “hold” rating to a “buy” rating and set a $185.00 target price on the stock in a research report on Tuesday, February 24th. UBS Group reaffirmed a “neutral” rating on shares of Qualcomm in a report on Monday, February 2nd. Finally, Susquehanna lowered Qualcomm from a “positive” rating to a “neutral” rating and set a $140.00 price target for the company. in a research report on Thursday, February 5th. One analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating, eleven have issued a Hold rating and three have given a Sell rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of $163.77.

Get Our Latest Analysis on QCOM

Qualcomm Price Performance

Shares of NASDAQ:QCOM opened at $126.80 on Friday. The firm has a market capitalization of $135.30 billion, a PE ratio of 26.20 and a beta of 1.28. The business has a 50 day simple moving average of $138.19 and a two-hundred day simple moving average of $159.11. Qualcomm Incorporated has a 1 year low of $120.80 and a 1 year high of $205.95. The company has a debt-to-equity ratio of 0.64, a current ratio of 2.51 and a quick ratio of 1.83.

Qualcomm (NASDAQ:QCOM – Get Free Report) last issued its quarterly earnings results on Wednesday, February 4th. The wireless technology company reported $3.50 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.38 by $0.12. Qualcomm had a return on equity of 44.09% and a net margin of 11.96%.The firm had revenue of $12.25 billion during the quarter, compared to analyst estimates of $12.16 billion. During the same period last year, the company earned $3.41 EPS. Qualcomm’s quarterly revenue was up 4.7% compared to the same quarter last year. Qualcomm has set its Q2 2026 guidance at 2.450-2.650 EPS. On average, equities analysts predict that Qualcomm Incorporated will post 9.39 EPS for the current year.

Qualcomm announced that its Board of Directors has initiated a share 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 buy up to 14.5% of its stock through open market purchases. Stock repurchase plans are usually a sign that the company’s board believes its shares are undervalued.

Qualcomm Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, March 26th. Stockholders of record on Thursday, March 5th were given a dividend of $0.89 per share. This represents a $3.56 annualized dividend and a dividend yield of 2.8%. The ex-dividend date was Thursday, March 5th. Qualcomm’s dividend payout ratio (DPR) is 73.55%.

About Qualcomm

(Free Report)

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.