Bell Asset Management Ltd Has $5.06 Million Position in QUALCOMM Incorporated $QCOM

Bell Asset Management Ltd lessened its holdings in shares of QUALCOMM Incorporated (NASDAQ:QCOM) by 46.6% during the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 31,772 shares of the wireless technology company’s stock after selling 27,769 shares during the period. Bell Asset Management Ltd’s holdings in QUALCOMM were worth $5,060,000 at the end of the most recent reporting period.

A number of other institutional investors have also made changes to their positions in the business. Avion Wealth grew its holdings in QUALCOMM by 16.7% during the 2nd quarter. Avion Wealth now owns 441 shares of the wireless technology company’s stock worth $70,000 after acquiring an additional 63 shares during the last quarter. Insight Advisors LLC PA grew its stake in shares of QUALCOMM by 1.8% during the second quarter. Insight Advisors LLC PA now owns 3,488 shares of the wireless technology company’s stock valued at $556,000 after purchasing an additional 63 shares during the last quarter. Capital Advantage Inc. increased its holdings in shares of QUALCOMM by 2.8% in the second quarter. Capital Advantage Inc. now owns 2,353 shares of the wireless technology company’s stock valued at $375,000 after purchasing an additional 64 shares in the last quarter. Rise Advisors LLC raised its position in QUALCOMM by 6.7% in the 1st quarter. Rise Advisors LLC now owns 1,048 shares of the wireless technology company’s stock worth $161,000 after purchasing an additional 66 shares during the last quarter. Finally, Bell Investment Advisors Inc raised its position in QUALCOMM by 4.6% in the 1st quarter. Bell Investment Advisors Inc now owns 1,504 shares of the wireless technology company’s stock worth $231,000 after purchasing an additional 66 shares during the last quarter. 74.35% of the stock is owned by institutional investors.

QUALCOMM Price Performance

QUALCOMM stock opened at $165.14 on Thursday. The company has a current ratio of 3.19, a quick ratio of 2.38 and a debt-to-equity ratio of 0.54. The firm has a market capitalization of $176.86 billion, a P/E ratio of 15.92, a PEG ratio of 2.59 and a beta of 1.26. The business has a 50-day moving average of $169.40 and a 200-day moving average of $160.24. QUALCOMM Incorporated has a 1 year low of $120.80 and a 1 year high of $205.95.

QUALCOMM (NASDAQ:QCOM) last announced its quarterly earnings results on Wednesday, November 5th. The wireless technology company reported $3.00 earnings per share for the quarter, beating analysts’ consensus estimates of $2.87 by $0.13. The business had revenue of $11.27 billion for 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%. QUALCOMM’s revenue for the quarter was up 10.0% on a year-over-year basis. During the same period last year, the company posted $2.69 EPS. QUALCOMM has set its Q1 2026 guidance at 3.300-3.500 EPS. On average, equities analysts anticipate that QUALCOMM Incorporated will post 9.39 EPS for the current year.

QUALCOMM Dividend Announcement

The company also recently declared 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 of this dividend is Thursday, December 4th. This represents a $3.56 annualized dividend and a dividend yield of 2.2%. QUALCOMM’s payout ratio is 72.80%.

Insider Activity

In other QUALCOMM news, CEO Cristiano R. Amon sold 150,000 shares of the business’s stock in a transaction dated Wednesday, October 1st. The stock was sold at an average price of $165.56, for a total value of $24,834,000.00. Following the completion of the transaction, the chief executive officer directly 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 ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Heather S. Ace sold 1,600 shares of the firm’s stock in a transaction dated Friday, November 7th. The stock was sold at an average price of $172.87, for a total value of $276,592.00. Following the sale, the insider directly owned 19,593 shares in the company, valued at approximately $3,387,041.91. This represents a 7.55% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 167,791 shares of company stock worth $27,781,124 in the last 90 days. Corporate insiders own 0.08% of the company’s stock.

Analyst Ratings Changes

QCOM has been the topic of a number of recent research reports. Wells Fargo & Company increased their price objective on QUALCOMM from $140.00 to $165.00 and gave the company an “underweight” rating in a research report on Thursday, November 6th. Wall Street Zen cut QUALCOMM from a “buy” rating to a “hold” rating in a report on Sunday. Bank of America boosted their price objective on QUALCOMM from $200.00 to $215.00 and gave the stock a “buy” rating in a report on Thursday, November 6th. UBS Group raised their target price on shares of QUALCOMM from $175.00 to $185.00 and gave the company a “neutral” rating in a research note on Thursday, November 6th. Finally, Rosenblatt Securities reissued a “buy” rating and set a $225.00 price target 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 assigned a Buy rating, nine have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, QUALCOMM presently has a consensus rating of “Moderate Buy” and a consensus target price of $190.38.

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.