Royal Fund Management 13F: Adds $4.1M to QUALCOMM (QCOM) Stake

Royal Fund Management increased its position in QUALCOMM Incorporated QCOM by 22,319 shares during the period, according to a Form 13F filed with the SEC on October 22, 2026. The purchase lifted the firm's holdings by 40.6% to a total of 77,249 shares. The updated stake was valued at $14,217,008 at the time of the filing.

QCOM QUALCOMM Incorporated

$172.85 ▲ +1.49% year to date

1M 3M YTD

Daily close · Oct 22, 2026

What Changed in Royal Fund Management's QUALCOMM Incorporated Position

The fund expanded its footprint in the semiconductor developer from its previous count of 54,930 shares. The sizable addition brings the investment value past the $14.2 million mark. This move reflects a growing bet on the wireless technology provider as it navigates shifting market conditions.

Other Institutional Activity in QUALCOMM Incorporated

Van Eck Associates Corporation grew its holdings by 3,180,269 shares, ending with 17,202,619 shares worth about $2,973,128,673 after a 22.7% increase.

QUALCOMM Incorporated Stock Down 1.6%

Shares of QUALCOMM Incorporated closed at $172.83 on October 22, 2026, and recently traded around $172.89. The stock sits below its 52-week high of $259.92 and well above its 52-week low of $121.99. The current price is below the 50-day moving average of $175.69 and above the 200-day moving average of $169.40. The company carries a price-to-earnings ratio of 20.60 based on trailing results.

Recent Earnings

QUALCOMM Incorporated generated trailing twelve month revenue of $44.07 billion alongside earnings of $8.64 per share. The company posted a net profit margin of 21.0% and a return on equity of 33.8%. Its next quarterly earnings report is scheduled for November 4, 2026.

Dividend

The company pays an annual dividend rate of $3.68 per share, which translates to a dividend yield of 2.07%. The payout ratio sits at 41.5% of earnings.

Insider Buying and Selling at QUALCOMM Incorporated

Officer Patricia Y. Grech sold 625 shares on August 21, 2026, at an average price of $162.85 for a total value of $101,781. Chief Operating Officer Akash J. Palkhiwala sold 2,500 shares on September 11, 2026, for $457,129. Chief Executive Officer Cristiano Renno Amon sold 10,000 shares on September 21, 2026, at an average price of $195.00 for a total value of $1,950,000. Additionally, Akash J. Palkhiwala sold 2,500 shares on October 20, 2026, for $437,647.

Analysts Set New Price Targets

RBC Capital maintained its sector perform rating on September 9, 2026, raising its price target from $160.00 to $180.00. Rosenblatt maintained a buy rating with a target of $235.00 on September 9, 2026. Piper Sandler initiated coverage with a neutral rating and a $190.00 target on September 10, 2026. TD Cowen maintained a buy rating on October 19, 2026, lifting its target from $175.00 to $200.00. Susquehanna maintained a neutral rating on October 21, 2026, boosting its target from $160.00 to $185.00. The stock currently holds a consensus hold rating from 30 analysts with a mean price target of $195.80.

About QUALCOMM Incorporated

QUALCOMM Incorporated develops and licenses foundational technologies for the global wireless industry. Headquartered in San Diego, California, the company operates through three main segments covering chip design, technology licensing, and strategic investments that power mobile devices worldwide. This technological foundation makes its financial health a key indicator for broader mobile sector trends.

Bottom Line

Royal Fund Management's increased investment places extra attention on the upcoming November earnings release. Investors will watch whether the wireless tech leader can meet margin expectations and justify its current valuation against analyst targets.