In the third quarter, Private Wealth Partners LLC increased its holdings in QUALCOMM Incorporated by 3.5%, acquiring an additional 4,247 shares to reach a total position of 125,447 shares. As of the latest SEC filing, this stake represented 1.5% of the firm’s portfolio and ranked QUALCOMM as its nineteenth largest holding. The value of this position stood at $20.87 million, underscoring the institutional investor’s confidence in QUALCOMM’s wireless technology and semiconductor businesses.

Several prominent asset managers also modified their QUALCOMM positions during the second quarter. Vanguard Group lifted its stake by 0.3%, adding 290,799 shares to reach 114.66 million shares. State Street Corporation increased its holding by 0.8%, acquiring 420,352 shares for a total of 53.67 million shares. Meanwhile, Norges Bank established a new position valued at approximately $2.71 billion. Amundi made the largest proportional move, boosting its position by 38.2% with an additional 3.19 million shares, and Legal & General Group added 74,243 shares, a 0.8% increase. Collectively, institutional investors now own 74.35% of QUALCOMM’s outstanding shares.

In the quarter ended October 26, QUALCOMM reported revenue of $11.27 billion, a 10.0% increase year-over-year, and delivered adjusted EPS of $3.00, beating consensus by $0.13. The company’s net margin stood at 12.51% and return on equity reached 43.22%. These results were driven by strong demand for Snapdragon system-on-chip platforms and licensing revenue growth. Compared to the prior year’s EPS of $2.69, QUALCOMM demonstrated continued operational efficiency and pricing power in both handset and automotive segments.

QUALCOMM declared a quarterly dividend of $0.89 per share, payable on March 26 to shareholders of record as of March 5, resulting in an annualized payout of $3.56 and a yield of 2.3%. The company set Q1 guidance at $3.30–$3.50 EPS and reiterated its commitment to returning capital via dividends and share repurchases. Analysts remain cautiously optimistic: ten maintain buy ratings, eight hold, and two sell, with a consensus price target of $189.06. The firm’s payout ratio stands at 72.8%, reflecting a balanced approach between growth reinvestment and shareholder returns.