AEGON ASSET MANAGEMENT UK Plc Makes New $51.35 Million Investment in Qualcomm Incorporated $QCOM

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AEGON ASSET MANAGEMENT UK Plc has invested $51.35 million in Qualcomm Incorporated by acquiring 300,236 shares in Q4, bringing institutional ownership to approximately 74.35%. Despite a consensus “Hold” rating from analysts with an average target of $158.25 and recent insider selling, Qualcomm’s board has approved a $20 billion share buyback and increased its quarterly dividend to $0.92, signaling confidence in shareholder returns. The company reported strong Q4 EPS of $3.50, surpassing analyst estimates.

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