Private Wealth Partners LLC increased its holding in Qualcomm by 3.5% during the third quarter, acquiring an additional 4,247 shares to reach a total of 125,447 shares. This position now represents 1.5% of the firm’s overall portfolio, making Qualcomm its 19th largest holding. According to the latest SEC filing, the value of Private Wealth Partners’ Qualcomm stake stood at $20.87 million as of the end of the period.

Several major institutional investors also added to their Qualcomm stakes in the second quarter. Vanguard Group lifted its position by 0.3%, bringing its total to 114.66 million shares, while State Street increased its holdings by 0.8% to 53.67 million shares. Norges Bank initiated a new position valued at approximately $2.71 billion. Notably, Amundi raised its stake by 38.2%, purchasing 3.19 million additional shares, and Legal & General Group added 74,243 shares to reach 9.17 million in total. These moves contributed to institutional ownership of 74.35% of the company’s outstanding shares.

Qualcomm reported third‐quarter revenue of $11.27 billion, a 10.0% year‐over‐year increase, and delivered adjusted EPS of $3.00, beating consensus by $0.13. Return on equity reached 43.22%, with a net margin of 12.51%. For the first quarter of fiscal 2026, management issued EPS guidance between $3.30 and $3.50, while analysts project full‐year EPS of approximately $9.39.

The board declared a quarterly dividend of $0.89 per share, payable March 26 to shareholders of record on March 5, translating to an annualized payout of $3.56 and a yield of 2.3%. Insider activity over the past quarter included the sale of 44,820 shares valued at $7.88 million, led by the EVP, who reduced their position by 7.9% following a sale of 3,333 shares on January 2.