Acadian Asset Management LLC Raises Holdings in QUALCOMM Incorporated $QCOM

Acadian Asset Management LLC increased its holdings in QUALCOMM Incorporated (NASDAQ:QCOM) by 189.5% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 983,515 shares of the wireless technology company’s stock after acquiring an additional 643,808 shares during the quarter. Acadian Asset Management LLC owned approximately 0.09% of QUALCOMM worth $156,610,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Vermillion & White Wealth Management Group LLC lifted its position in QUALCOMM by 122.4% in the first quarter. Vermillion & White Wealth Management Group LLC now owns 169 shares of the wireless technology company’s stock valued at $26,000 after purchasing an additional 93 shares during the period. Chung Wu Investment Group LLC purchased a new stake in shares of QUALCOMM in the second quarter valued at about $32,000. Harbor Asset Planning Inc. acquired a new stake in QUALCOMM during the 2nd quarter valued at $32,000. Atticus Wealth Management LLC increased its position in QUALCOMM by 21,200.0% during the 2nd quarter. Atticus Wealth Management LLC now owns 213 shares of the wireless technology company’s stock worth $34,000 after purchasing an additional 212 shares in the last quarter. Finally, CBIZ Investment Advisory Services LLC raised its position in shares of QUALCOMM by 44.6% in the first quarter. CBIZ Investment Advisory Services LLC now owns 256 shares of the wireless technology company’s stock valued at $39,000 after buying an additional 79 shares during the last quarter. 74.35% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at QUALCOMM

In other QUALCOMM news, CFO Akash J. Palkhiwala sold 8,335 shares of QUALCOMM stock in a transaction that occurred on Monday, October 20th. The stock was sold at an average price of $166.06, for a total value of $1,384,110.10. Following the transaction, the chief financial officer directly owned 36,541 shares of the company’s stock, valued at $6,067,998.46. The trade was a 18.57% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, CEO Cristiano R. Amon sold 150,000 shares of the stock in a transaction dated Wednesday, October 1st. The shares were sold at an average price of $165.56, for a total transaction of $24,834,000.00. Following the completion of the sale, the chief executive officer owned 149,304 shares of the company’s stock, valued at approximately $24,718,770.24. The trade was a 50.12% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 163,169 shares of company stock worth $26,978,998 in the last 90 days. 0.08% of the stock is currently owned by company insiders.

QUALCOMM Price Performance

NASDAQ:QCOM opened at $170.89 on Friday. The company has a quick ratio of 2.38, a current ratio of 3.19 and a debt-to-equity ratio of 0.54. The business’s 50-day moving average price is $167.46 and its 200 day moving average price is $158.02. QUALCOMM Incorporated has a 52-week low of $120.80 and a 52-week high of $205.95. The firm has a market cap of $183.02 billion, a P/E ratio of 16.48, a PEG ratio of 2.59 and a beta of 1.26.

QUALCOMM (NASDAQ:QCOM) last issued its quarterly earnings results on Wednesday, November 5th. The wireless technology company reported $3.00 earnings per share for the quarter, topping analysts’ consensus estimates of $2.87 by $0.13. QUALCOMM had a return on equity of 40.35% and a net margin of 26.77%.The firm had revenue of $11.27 billion for the quarter, compared to analysts’ expectations of $10.74 billion. During the same quarter last year, the business posted $2.69 EPS. QUALCOMM’s revenue was up 10.0% on a year-over-year basis. QUALCOMM has set its Q1 2026 guidance at 3.300-3.500 EPS. As a group, sell-side analysts predict that QUALCOMM Incorporated will post 9.39 earnings per share for the current fiscal year.

QUALCOMM Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, December 18th. Shareholders of record on Thursday, December 4th will be paid a $0.89 dividend. The ex-dividend date is Thursday, December 4th. This represents a $3.56 dividend on an annualized basis and a yield of 2.1%. QUALCOMM’s payout ratio is 72.80%.

Analyst Upgrades and Downgrades

A number of equities analysts have weighed in on QCOM shares. Wall Street Zen downgraded shares of QUALCOMM from a “buy” rating to a “hold” rating in a research note on Sunday, August 3rd. Wells Fargo & Company increased their price objective on shares of QUALCOMM from $140.00 to $165.00 and gave the company an “underweight” rating in a research report on Thursday. Citigroup lifted their target price on QUALCOMM from $170.00 to $175.00 and gave the stock a “neutral” rating in a research report on Tuesday, October 28th. Piper Sandler upped their price target on shares of QUALCOMM from $175.00 to $200.00 and gave the company an “overweight” rating in a report on Thursday. Finally, Susquehanna set a $210.00 target price on QUALCOMM in a report on Thursday. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating, eight have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $190.38.

QUALCOMM Profile

QUALCOMM Incorporated engages in the development and commercialization of foundational technologies for the wireless industry worldwide. It operates through three segments: Qualcomm CDMA Technologies (QCT); Qualcomm Technology Licensing (QTL); and Qualcomm Strategic Initiatives (QSI). The QCT segment develops and supplies integrated circuits and system software based on 3G/4G/5G and other technologies for use in wireless voice and data communications, networking, computing, multimedia, and position location products.