Verity & Verity 13F: Adds $11M to QUALCOMM (QCOM) Stake
Key Points
- Verity & Verity increased its holding in QUALCOMM Incorporated QCOM by 76.7% during the quarter, bringing its total stake to 135,545 shares.
- The chipmaker trades with a forward P/E ratio of 17.0 and pays an annual dividend rate of $3.68 per share.
- Other institutional investors adjusted their positions, including Fifth Third Wealth Advisors adding shares and BSN Capital Partners exiting entirely.
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In a regulatory filing on October 23, 2026, Verity & Verity disclosed it boosted its stake in QUALCOMM Incorporated QCOM by 58,821 shares. That's a 76.7% increase from the prior quarter, bringing the firm's total holding to 135,545 shares worth about $24.9 million.
QCOM
QUALCOMM Incorporated
What Changed in Verity & Verity's Qualcomm Position
The fund grew its position from 76,724 shares up to 135,545 shares during the period. The added shares brought the total market value of the holding to $24,945,702.
Other Institutional Activity in Qualcomm
Other fund managers made notable moves with the stock around the same time. Fifth Third Wealth Advisors grew its holdings by 4,602 shares, ending with 40,688 shares worth about $7.5 million. On the other hand, BSN Capital Partners sold its entire stake of 157,270 shares, and Van Eck Associates Corporation lifted its holdings by 3,180,269 shares to finish with 17,202,619 shares worth about $3.0 billion.
QUALCOMM Incorporated Stock Down 1.1%
Qualcomm shares recently traded around $175.97 as of October 24, 2026, about equal to its closing price of $175.91 on the filing date. The stock sits about 32.3% below its 52-week high of $259.92 and roughly 44.2% above its low of $121.99. Trading sits right around its 50-day moving average of $175.89 and about 3.9% above its 200-day moving average of $169.35.
Recent Earnings
Qualcomm posted trailing twelve month revenue of $44.1 billion alongside earnings of $8.64 per share. The company reports its next financial results on November 4, 2026.
Dividend
The wireless tech company pays an annual dividend rate of $3.68 per share, which translates to a dividend yield of 2.1%. Its dividend payout ratio stands at 41.5%.
Insider Buying and Selling at QUALCOMM Incorporated
Company insiders made several stock transactions ahead of the filing. Chief Executive Officer Cristiano Renno Amon sold 10,000 shares on September 21, 2026, for $1.95 million. Chief Operating Officer Akash J Palkhiwala sold 2,500 shares on September 11, 2026, and another 2,500 shares on October 20, 2026. Officer Patricia Y Grech sold 625 shares on August 21, 2026, for about $101,781.
Analysts Set New Price Targets
Wall Street firms updated their views on the stock ahead of the filing. RBC Capital maintained a Sector Perform rating with a $180 target on September 9, 2026. Rosenblatt maintained a Buy rating and a $235 target on the same day. Piper Sandler initiated coverage with a Neutral rating and a $190 target on September 10, 2026. TD Cowen maintained a Buy rating, raising its target to $200 on October 19, 2026. Susquehanna maintained a Neutral rating with an $185 target on October 21, 2026. Overall, the stock holds a consensus Hold rating with a mean price target of $195.80 across 30 analyst opinions.
About Qualcomm
QUALCOMM Incorporated builds foundational technologies for the global wireless industry. The San Diego-based company operates through three key segments focusing on chip design, licensing, and strategic initiatives to power mobile devices and connected systems worldwide.
Bottom Line
Verity & Verity's larger bet on Qualcomm arrives as the stock trades well below its 52-week peak. Investors will look toward the company's upcoming earnings report on November 4, 2026, for fresh details on wireless demand and profitability.
Related Filing Alerts
Source: Verity & Verity's 13F filing on $QCOM (Oct 23, 2026). 13F filings show holdings as of the end of the reporting quarter and may not reflect the fund's current position. Written by software, not financial advice. How we make alerts