Adams Wealth Management Has $431,000 Stock Position in QUALCOMM Incorporated $QCOM

Adams Wealth Management lessened its holdings in QUALCOMM Incorporated (NASDAQ:QCOM) by 56.2% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 2,709 shares of the wireless technology company’s stock after selling 3,482 shares during the period. Adams Wealth Management’s holdings in QUALCOMM were worth $431,000 at the end of the most recent quarter.

Other large investors have also added to or reduced their stakes in the company. Vermillion & White Wealth Management Group LLC lifted its stake in QUALCOMM by 122.4% during the 1st quarter. Vermillion & White Wealth Management Group LLC now owns 169 shares of the wireless technology company’s stock valued at $26,000 after acquiring an additional 93 shares in the last quarter. 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. purchased a new stake in shares of QUALCOMM in the second quarter valued at about $32,000. Winnow Wealth LLC bought a new position in shares of QUALCOMM during the second quarter valued at about $32,000. Finally, Lavaca Capital LLC purchased a new position in QUALCOMM during the second quarter worth about $32,000. Institutional investors own 74.35% of the company’s stock.

QUALCOMM Stock Performance

Shares of QCOM opened at $178.29 on Monday. The firm has a market cap of $190.95 billion, a PE ratio of 36.46, a PEG ratio of 3.91 and a beta of 1.22. The stock’s fifty day moving average price is $170.72 and its two-hundred day moving average price is $162.31. The company has a debt-to-equity ratio of 0.70, a current ratio of 2.82 and a quick ratio of 2.10. QUALCOMM Incorporated has a 1 year low of $120.80 and a 1 year high of $205.95.

QUALCOMM (NASDAQ:QCOM) last posted its quarterly earnings results 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. QUALCOMM had a return on equity of 43.22% and a net margin of 12.51%.The company had revenue of $11.27 billion during the quarter, compared to the consensus estimate of $10.74 billion. During the same quarter in the prior year, the company earned $2.69 EPS. The firm’s quarterly revenue was up 10.0% compared to the same quarter last year. QUALCOMM has set its Q1 2026 guidance at 3.300-3.500 EPS. On average, equities research analysts forecast that QUALCOMM Incorporated will post 9.39 EPS for the current year.

QUALCOMM Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, December 18th. Stockholders of record on Thursday, December 4th will be given 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 2.0%. QUALCOMM’s payout ratio is 72.80%.

Insider Buying and Selling at QUALCOMM

In related news, CEO Cristiano R. Amon sold 150,000 shares of the firm’s stock in a transaction that occurred on Wednesday, October 1st. The shares were 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. This trade represents a 50.12% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Heather S. Ace sold 1,600 shares of QUALCOMM 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 completion of the transaction, the insider owned 19,593 shares of the company’s stock, valued at $3,387,041.91. This represents a 7.55% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders have sold 164,388 shares of company stock valued at $27,248,752. 0.08% of the stock is owned by corporate insiders.

Analyst Ratings Changes

QCOM has been the subject of several analyst reports. TD Cowen increased their price objective on shares of QUALCOMM from $185.00 to $205.00 and gave the company a “buy” rating in a research note on Thursday, November 6th. Susquehanna set a $210.00 price target on QUALCOMM in a research report on Thursday, November 6th. JPMorgan Chase & Co. lifted their price target on QUALCOMM from $200.00 to $210.00 and gave the stock an “overweight” rating in a report on Tuesday, November 4th. Mizuho upped their price objective on QUALCOMM from $185.00 to $200.00 and gave the company an “outperform” rating in a research note on Thursday, November 6th. Finally, Arete Research set a $200.00 target price on QUALCOMM in a research report on Tuesday, August 26th. Thirteen equities research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $191.00.

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.