Columbus Macro LLC Raises Position in QUALCOMM Incorporated $QCOM

Columbus Macro LLC raised its position in QUALCOMM Incorporated (NASDAQ:QCOM) by 9.3% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 58,743 shares of the wireless technology company’s stock after buying an additional 5,017 shares during the period. QUALCOMM comprises about 1.1% of Columbus Macro LLC’s portfolio, making the stock its 22nd largest holding. Columbus Macro LLC’s holdings in QUALCOMM were worth $9,772,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in QCOM. Vanguard Group Inc. boosted its stake in shares of QUALCOMM by 0.3% in the second quarter. Vanguard Group Inc. now owns 114,659,269 shares of the wireless technology company’s stock worth $18,260,635,000 after acquiring an additional 290,799 shares during the last quarter. Kingstone Capital Partners Texas LLC lifted its holdings in QUALCOMM by 656,661.0% in the 2nd quarter. Kingstone Capital Partners Texas LLC now owns 58,773,542 shares of the wireless technology company’s stock valued at $9,360,274,000 after purchasing an additional 58,764,593 shares in the last quarter. State Street Corp lifted its holdings in QUALCOMM by 0.8% in the 2nd quarter. State Street Corp now owns 53,667,047 shares of the wireless technology company’s stock valued at $8,547,014,000 after purchasing an additional 420,352 shares in the last quarter. Norges Bank acquired a new stake in QUALCOMM during the 2nd quarter worth $2,713,603,000. Finally, Amundi grew its holdings in shares of QUALCOMM by 38.2% during the second quarter. Amundi now owns 11,533,094 shares of the wireless technology company’s stock worth $1,866,451,000 after buying an additional 3,186,524 shares in the last quarter. Institutional investors and hedge funds own 74.35% of the company’s stock.

QUALCOMM Stock Performance

NASDAQ:QCOM opened at $174.81 on Friday. The company’s 50-day moving average is $173.03 and its two-hundred day moving average is $163.98. QUALCOMM Incorporated has a 1-year low of $120.80 and a 1-year high of $205.95. The company has a debt-to-equity ratio of 0.70, a current ratio of 2.82 and a quick ratio of 2.10. The firm has a market capitalization of $187.22 billion, a price-to-earnings ratio of 35.75, a PEG ratio of 3.83 and a beta of 1.22.

QUALCOMM (NASDAQ:QCOM) last announced its quarterly earnings results on Wednesday, November 5th. The wireless technology company reported $3.00 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.87 by $0.13. QUALCOMM had a net margin of 12.51% and a return on equity of 43.22%. The business had revenue of $11.27 billion during the quarter, compared to the consensus estimate of $10.74 billion. During the same quarter last year, the firm earned $2.69 EPS. The business’s 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. Analysts forecast that QUALCOMM Incorporated will post 9.39 EPS for the current year.

QUALCOMM Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, December 18th. Stockholders of record on Thursday, December 4th were paid a $0.89 dividend. This represents a $3.56 annualized dividend and a dividend yield of 2.0%. The ex-dividend date of this dividend was Thursday, December 4th. QUALCOMM’s dividend payout ratio is 72.80%.

Insiders Place Their Bets

In other news, EVP Ann C. Chaplin sold 7,180 shares of the 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 transaction, the executive vice president directly owned 23,944 shares in the company, valued at approximately $4,262,750.32. This represents a 23.07% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CEO Cristiano R. Amon sold 150,000 shares of the business’s stock in a transaction dated Wednesday, October 1st. The shares were sold at an average price of $165.56, for a total transaction of $24,834,000.00. Following the completion of the sale, the chief executive officer owned 149,304 shares in the company, valued at approximately $24,718,770.24. This trade represents a 50.12% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders have sold 199,822 shares of company stock worth $33,523,984. Corporate insiders own 0.08% of the company’s stock.

Analysts Set New Price Targets

Several research firms have recently weighed in on QCOM. UBS Group raised their price target on shares of QUALCOMM from $175.00 to $185.00 and gave the stock a “neutral” rating in a research note on Thursday, November 6th. Rosenblatt Securities reiterated a “buy” rating and issued a $225.00 price objective on shares of QUALCOMM in a report on Thursday, November 6th. Wall Street Zen cut QUALCOMM from a “buy” rating to a “hold” rating in a report on Tuesday, December 9th. JPMorgan Chase & Co. upped their price target on QUALCOMM from $200.00 to $210.00 and gave the company an “overweight” rating in a research report on Tuesday, November 4th. Finally, Citigroup increased their price target on QUALCOMM from $170.00 to $175.00 and gave the company a “neutral” rating in a report on Tuesday, October 28th. Thirteen research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $192.94.

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.