Advyzon Investment Management LLC Acquires 619 Shares of QUALCOMM Incorporated $QCOM

Advyzon Investment Management LLC lifted its stake in QUALCOMM Incorporated (NASDAQ:QCOM) by 30.7% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 2,633 shares of the wireless technology company’s stock after buying an additional 619 shares during the period. Advyzon Investment Management LLC’s holdings in QUALCOMM were worth $419,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also recently added to or reduced their stakes in the company. Guinness Asset Management LTD raised its holdings in shares of QUALCOMM by 11.6% during the second quarter. Guinness Asset Management LTD now owns 55,410 shares of the wireless technology company’s stock valued at $8,824,000 after purchasing an additional 5,779 shares during the period. CORDA Investment Management LLC. grew its stake in shares of QUALCOMM by 18.6% in the 2nd quarter. CORDA Investment Management LLC. now owns 22,474 shares of the wireless technology company’s stock valued at $3,579,000 after buying an additional 3,524 shares during the period. PFG Advisors increased its position in QUALCOMM by 8.0% in the 1st quarter. PFG Advisors now owns 4,314 shares of the wireless technology company’s stock valued at $663,000 after buying an additional 321 shares in the last quarter. Russell Investments Group Ltd. raised its stake in QUALCOMM by 12.3% during the 1st quarter. Russell Investments Group Ltd. now owns 1,328,759 shares of the wireless technology company’s stock worth $203,904,000 after buying an additional 145,509 shares during the period. Finally, Manchester Capital Management LLC raised its stake in QUALCOMM by 0.5% during the 1st quarter. Manchester Capital Management LLC now owns 24,169 shares of the wireless technology company’s stock worth $3,713,000 after buying an additional 129 shares during the period. Institutional investors own 74.35% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts have recently commented on QCOM shares. UBS Group boosted their price objective on QUALCOMM from $175.00 to $185.00 and gave the company a “neutral” rating in a report on Thursday, November 6th. JPMorgan Chase & Co. lifted their price target on shares of QUALCOMM from $200.00 to $210.00 and gave the company an “overweight” rating in a research report on Tuesday, November 4th. TD Cowen upped their target price on shares of QUALCOMM from $185.00 to $205.00 and gave the stock a “buy” rating in a report on Thursday, November 6th. Citigroup lifted their price target on QUALCOMM from $170.00 to $175.00 and gave the company a “neutral” rating in a research note on Tuesday, October 28th. Finally, Wall Street Zen downgraded QUALCOMM from a “buy” rating to a “hold” rating in a research note on Sunday, August 3rd. One analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating, nine have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $190.38.

Insider Buying and Selling at QUALCOMM

In other QUALCOMM news, insider Heather S. Ace sold 1,600 shares of QUALCOMM stock in a transaction dated Friday, November 7th. The shares were sold at an average price of $172.87, for a total value of $276,592.00. Following the sale, the insider owned 19,593 shares of the company’s stock, valued at approximately $3,387,041.91. The trade was a 7.55% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CFO Akash J. Palkhiwala sold 3,333 shares of the stock in a transaction that occurred on Friday, November 7th. The shares were sold at an average price of $170.33, for a total transaction of $567,709.89. Following the transaction, the chief financial officer directly owned 33,208 shares of the company’s stock, valued at $5,656,318.64. This represents a 9.12% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 168,305 shares of company stock valued at $27,858,392 in the last three months. 0.08% of the stock is owned by corporate insiders.

QUALCOMM Price Performance

QUALCOMM stock opened at $173.98 on Wednesday. QUALCOMM Incorporated has a 52 week low of $120.80 and a 52 week high of $205.95. The company’s 50 day moving average price is $167.98 and its two-hundred day moving average price is $158.50. The stock has a market cap of $186.33 billion, a P/E ratio of 16.78, a P/E/G ratio of 2.59 and a beta of 1.26. The company has a quick ratio of 2.38, a current ratio of 3.19 and a debt-to-equity ratio of 0.54.

QUALCOMM (NASDAQ:QCOM) last released its earnings results on Wednesday, November 5th. The wireless technology company reported $3.00 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.87 by $0.13. The company had revenue of $11.27 billion during the quarter, compared to analyst estimates of $10.74 billion. QUALCOMM had a return on equity of 40.35% and a net margin of 26.77%.QUALCOMM’s quarterly revenue was up 10.0% on a year-over-year basis. During the same period in the prior year, the company posted $2.69 earnings per share. QUALCOMM has set its Q1 2026 guidance at 3.300-3.500 EPS. On average, equities analysts predict that QUALCOMM Incorporated will post 9.39 earnings per share for the current year.

QUALCOMM Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, December 18th. Investors of record on Thursday, December 4th will be given a dividend of $0.89 per share. The ex-dividend date is Thursday, December 4th. This represents a $3.56 annualized dividend and a yield of 2.0%. QUALCOMM’s dividend payout ratio is presently 72.80%.

QUALCOMM Company 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.