Ferguson Wellman Capital Management Inc. Raises Holdings in Qualcomm Incorporated $QCOM

2026-04-02 06:09:21

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Ferguson Wellman Capital Management Inc. significantly increased its stake in Qualcomm (NASDAQ:QCOM) by nearly 50% in Q4, now holding shares worth approximately $3.08 million. This comes as Qualcomm’s board approved a $20 billion stock repurchase program and the company reported strong Q4 earnings, beating analyst expectations with $3.50 EPS and $12.25 billion in revenue, also declaring an $0.89 quarterly dividend. Despite some analyst price target reductions, the stock has an average “Hold” rating, and insiders have recently sold shares.

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