Private Wealth Partners LLC boosted its holdings in QUALCOMM by 3.5% during the third quarter, acquiring an additional 4,247 shares to reach a total of 125,447 shares, valued at $20.87 million. This position represents 1.5% of the firm’s portfolio and ranks as its 19th largest holding. Other major investors also adjusted their exposure: Vanguard Group increased its stake by 0.3% to 114.66 million shares worth $18.26 billion; State Street grew its position by 0.8% to 53.67 million shares valued at $8.55 billion; Norges Bank initiated a new position of approximately $2.71 billion; Amundi expanded its holdings by 38.2% to 11.53 million shares worth $1.87 billion; and Legal & General added 0.8% to reach 9.17 million shares valued at $1.46 billion. Institutional investors collectively own 74.35% of QUALCOMM’s outstanding stock.

In its most recent quarter, QUALCOMM reported earnings per share of $3.00, outpacing consensus estimates by $0.13, and generated revenue of $11.27 billion, exceeding forecasts by $0.53 billion and reflecting a 10% year-over-year increase. Return on equity stood at 43.22% with a net margin of 12.51%. For the first quarter of fiscal 2026, management issued EPS guidance in the range of $3.30 to $3.50. Analysts currently project full-year EPS of $9.39, indicating modest growth expectations given the company’s exposure to wireless chipset demand and licensing royalties.

QUALCOMM declared a quarterly dividend of $0.89 per share, payable March 26 to shareholders of record March 5, equating to an annualized distribution of $3.56 and a yield of 2.3%. The company’s dividend payout ratio is 72.8%, reflecting a commitment to returning cash while maintaining investment in R&D—key for sustaining leadership in 5G, AI-enabled modem technologies and licensing revenues.

Corporate insiders have reduced their holdings by selling 44,820 shares totaling $7.88 million over the past 90 days. Chief Accounting Officer Patricia Y. Grech sold 203 shares at an average of $170, while Executive Vice President Akash J. Palkhiwala disposed of 3,333 shares at an average of $173.30. The insider ownership remains minimal at 0.05%. On Wall Street, sentiment is mixed: ten analysts maintain Buy ratings, eight recommend Hold and two advise Sell, resulting in a consensus Hold rating with an average price target of $189.06.