Farther Finance Advisors LLC raised its holdings in QUALCOMM Incorporated (NASDAQ:QCOM – Free Report) by 5.2% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 59,720 shares of the wireless technology company’s stock after purchasing an additional 2,971 shares during the quarter. Farther Finance Advisors LLC’s holdings in QUALCOMM were worth $9,935,000 as of its most recent filing with the Securities and Exchange Commission.
Other large investors have also modified their holdings of the company. Avion Wealth grew its holdings in QUALCOMM by 16.7% during the second 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 period. Insight Advisors LLC PA lifted its stake in shares of QUALCOMM by 1.8% in 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 period. Capital Advantage Inc. lifted its stake 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 during the period. Rise Advisors LLC boosted its holdings in QUALCOMM by 6.7% during the first quarter. Rise Advisors LLC now owns 1,048 shares of the wireless technology company’s stock worth $161,000 after buying an additional 66 shares in the last quarter. Finally, Bell Investment Advisors Inc grew its position in QUALCOMM by 4.6% during the first quarter. Bell Investment Advisors Inc now owns 1,504 shares of the wireless technology company’s stock worth $231,000 after buying an additional 66 shares during the period. 74.35% of the stock is owned by hedge funds and other institutional investors.
Analyst Ratings Changes
QCOM has been the subject of several research analyst reports. Citigroup raised their price objective on QUALCOMM from $170.00 to $175.00 and gave the company a “neutral” rating in a research note on Tuesday, October 28th. Bank of America increased their price objective on shares of QUALCOMM from $200.00 to $215.00 and gave the company a “buy” rating in a research note on Thursday, November 6th. Wall Street Zen downgraded QUALCOMM from a “buy” rating to a “hold” rating in a research report on Tuesday, December 9th. Mizuho upped their price objective on QUALCOMM from $185.00 to $200.00 and gave the company an “outperform” rating in a research report on Thursday, November 6th. Finally, Susquehanna set a $210.00 price objective on QUALCOMM in a research report on Thursday, November 6th. Thirteen research analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $192.94.
QUALCOMM Price Performance
QCOM stock opened at $174.22 on Tuesday. The stock has a market capitalization of $186.59 billion, a price-to-earnings ratio of 35.63, a price-to-earnings-growth ratio of 3.84 and a beta of 1.22. The company has a quick ratio of 2.10, a current ratio of 2.82 and a debt-to-equity ratio of 0.70. QUALCOMM Incorporated has a 52-week low of $120.80 and a 52-week high of $205.95. The stock’s fifty day simple moving average is $172.09 and its 200-day simple moving average is $163.48.
QUALCOMM (NASDAQ:QCOM – Get Free Report) last released its earnings results on Wednesday, November 5th. The wireless technology company reported $3.00 EPS for the quarter, beating 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 firm had revenue of $11.27 billion during the quarter, compared to analyst estimates of $10.74 billion. During the same period in the prior year, the firm posted $2.69 earnings per share. The business’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. Equities research analysts expect that QUALCOMM Incorporated will post 9.39 EPS for the current year.
QUALCOMM Dividend Announcement
The business also recently announced a quarterly dividend, which was paid on Thursday, December 18th. Investors of record on Thursday, December 4th were given a $0.89 dividend. The ex-dividend date of this dividend was Thursday, December 4th. This represents a $3.56 annualized dividend and a dividend yield of 2.0%. QUALCOMM’s dividend payout ratio (DPR) is currently 72.80%.
Insider Transactions at QUALCOMM
In other news, EVP Ann C. Chaplin sold 7,180 shares of the company’s stock in a transaction on Tuesday, December 16th. The stock was sold at an average price of $178.03, for a total transaction of $1,278,255.40. Following the completion of the sale, the executive vice president directly owned 23,944 shares in the company, valued at $4,262,750.32. This represents a 23.07% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, EVP Akash J. Palkhiwala sold 2,538 shares of the stock in a transaction on Friday, December 19th. The stock was sold at an average price of $175.95, for a total value of $446,561.10. Following the completion of the transaction, the executive vice president directly owned 42,265 shares in the company, valued at $7,436,526.75. This trade represents a 5.66% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 199,822 shares of company stock valued at $33,523,984 in the last quarter. Insiders own 0.08% of the company’s stock.
QUALCOMM Company Profile
QUALCOMM Incorporated is a global semiconductor and telecommunications equipment company headquartered in San Diego, California. Founded in 1985, the company is known for its development of wireless technologies and for playing a central role in the evolution of digital cellular standards, including CDMA and subsequent generations of mobile standards. Qualcomm’s business combines the design and sale of semiconductor products with a patent licensing program for wireless technologies and related intellectual property.
The company’s product portfolio includes system-on-chip (SoC) platforms marketed under the Snapdragon brand, cellular modem and RF front-end components, connectivity solutions for Wi‑Fi and Bluetooth, and processors and platforms aimed at automotive, IoT, networking and edge-computing applications.
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