The Vanguard Group, Inc. has disclosed a 10.59% stake in Qualcomm Incorporated. The company purchased 27,062 shares at $159.45 each and sold 20,824 shares at the same price on July 8, 2025.
The Vanguard Group, Inc. has disclosed a substantial 10.59% stake in Qualcomm Incorporated, as per a Form 8.3 filing on July 9, 2025. The disclosure, in accordance with Rule 8.3 of the Takeover Code, mandates the reporting of interests of 1% or more in relevant securities [1].
The Vanguard Group reported owning 114,776,257 shares of Qualcomm's USD 0.0001 common stock, representing a 10.59% stake. Additionally, the company engaged in a series of transactions, purchasing 27,062 shares and selling 20,824 shares at a price of $159.45 per unit on July 8, 2025 [1].
This disclosure follows recent trends in institutional investment in Qualcomm Incorporated. Byrne Financial Freedom LLC, for instance, grew its position in shares of Qualcomm by 49.1% in the first quarter, while other institutional investors like Vanguard Group Inc., Geode Capital Management LLC, Norges Bank, Northern Trust Corp, and UBS AM also increased their stakes in the company [2].
Qualcomm Incorporated has been performing well, with analysts expecting earnings per share of $9.39 for the current fiscal year. The company recently increased its dividend, paying a $0.89 quarterly dividend, which represents a $3.56 annualized dividend and a dividend yield of 2.20% [2].
The stock has been trading with a one-year low of $120.80 and a one-year high of $211.09, with a current market cap of $177.99 billion. Analysts have mixed views on the stock, with an average rating of "Hold" and an average price target of $186.96 [2].
References:
[1] https://www.webdisclosure.com/article/the-vanguard-group-inc-discloses-position-in-qualcomm-9BNxaSiDMG3
[2] https://www.marketbeat.com/instant-alerts/filing-qualcomm-incorporated-nasdaqqcom-shares-purchased-by-byrne-financial-freedom-llc-2025-07-07/
Comments
No comments yet