QUALCOMM Incorporated $QCOM Holdings Decreased by Bank Julius Baer & Co. Ltd Zurich

Bank Julius Baer & Co. Ltd Zurich cut its position in shares of QUALCOMM Incorporated (NASDAQ:QCOM) by 19.4% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 30,201 shares of the wireless technology company’s stock after selling 7,269 shares during the quarter. Bank Julius Baer & Co. Ltd Zurich’s holdings in QUALCOMM were worth $4,810,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in the business. Vermillion & White Wealth Management Group LLC lifted its position in shares of QUALCOMM by 122.4% in the 1st quarter. Vermillion & White Wealth Management Group LLC now owns 169 shares of the wireless technology company’s stock worth $26,000 after buying an additional 93 shares during the last quarter. Chung Wu Investment Group LLC acquired a new stake in QUALCOMM during the second quarter worth about $32,000. Harbor Asset Planning Inc. bought a new position in QUALCOMM in the second quarter worth about $32,000. Winnow Wealth LLC acquired a new position in QUALCOMM in the second quarter valued at approximately $32,000. Finally, Atticus Wealth Management LLC grew its holdings in shares of QUALCOMM by 21,200.0% during the second quarter. Atticus Wealth Management LLC now owns 213 shares of the wireless technology company’s stock valued at $34,000 after purchasing an additional 212 shares during the last quarter. Institutional investors and hedge funds own 74.35% of the company’s stock.

Insider Activity at QUALCOMM

In related news, CFO Akash J. Palkhiwala sold 3,333 shares of the firm’s 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 completion of the sale, the chief financial officer directly owned 33,208 shares in the company, valued at approximately $5,656,318.64. This trade represents a 9.12% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, insider Heather S. Ace sold 1,600 shares of the business’s stock in a transaction that occurred on Friday, November 7th. The shares were sold at an average price of $172.87, for a total transaction of $276,592.00. Following the transaction, the insider directly owned 19,593 shares in the company, valued at $3,387,041.91. The trade was a 7.55% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 168,027 shares of company stock valued at $27,818,497 over the last ninety days. 0.08% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

Several brokerages recently issued reports on QCOM. Piper Sandler raised their price target on QUALCOMM from $175.00 to $200.00 and gave the stock an “overweight” rating in a report on Thursday, November 6th. Sanford C. Bernstein set a $185.00 target price on QUALCOMM and gave the company an “outperform” rating in a research note on Monday, July 28th. Wells Fargo & Company upped their price target on shares of QUALCOMM from $140.00 to $165.00 and gave the stock an “underweight” rating in a research report on Thursday, November 6th. Arete raised shares of QUALCOMM from a “neutral” rating to a “buy” rating and set a $200.00 price objective on the stock in a report on Tuesday, August 26th. Finally, Susquehanna set a $210.00 target price on shares of QUALCOMM in a research note on Thursday, November 6th. One investment 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 issued a Sell rating to the company. Based on data from MarketBeat, QUALCOMM currently has a consensus rating of “Moderate Buy” and a consensus target price of $190.38.

QUALCOMM Price Performance

Shares of QCOM opened at $163.30 on Friday. QUALCOMM Incorporated has a one year low of $120.80 and a one year high of $205.95. The stock’s fifty day moving average is $169.34 and its 200-day moving average is $159.69. The company has a debt-to-equity ratio of 0.54, a quick ratio of 2.38 and a current ratio of 3.19. The firm has a market capitalization of $174.89 billion, a price-to-earnings ratio of 15.75, a price-to-earnings-growth ratio of 2.59 and a beta of 1.26.

QUALCOMM (NASDAQ:QCOM) last posted its quarterly earnings data on Wednesday, November 5th. The wireless technology company reported $3.00 earnings per share for the quarter, topping the consensus estimate of $2.87 by $0.13. The business had revenue of $11.27 billion during the quarter, compared to the consensus estimate of $10.74 billion. QUALCOMM had a net margin of 26.77% and a return on equity of 40.35%. The company’s quarterly revenue was up 10.0% compared to the same quarter last year. During the same quarter 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. Equities analysts anticipate that QUALCOMM Incorporated will post 9.39 EPS for the current year.

QUALCOMM Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, December 18th. Stockholders of record on Thursday, December 4th will be issued a $0.89 dividend. The ex-dividend date is Thursday, December 4th. This represents a $3.56 dividend on an annualized basis and a dividend yield of 2.2%. QUALCOMM’s dividend payout ratio is currently 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.