Railway Pension Investments Ltd Buys 8,700 Shares of QUALCOMM Incorporated $QCOM

Railway Pension Investments Ltd boosted its stake in QUALCOMM Incorporated (NASDAQ:QCOM) by 5.2% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 177,000 shares of the wireless technology company’s stock after purchasing an additional 8,700 shares during the quarter. Railway Pension Investments Ltd’s holdings in QUALCOMM were worth $29,446,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in the stock. Harbor Capital Advisors Inc. grew its position in shares of QUALCOMM by 72.2% during the 3rd quarter. Harbor Capital Advisors Inc. now owns 155 shares of the wireless technology company’s stock worth $26,000 after buying an additional 65 shares during the period. Chung Wu Investment Group LLC acquired a new stake in shares of QUALCOMM in the 2nd quarter valued at approximately $32,000. Harbor Asset Planning Inc. bought a new position in QUALCOMM during the 2nd quarter worth approximately $32,000. Winnow Wealth LLC acquired a new position in QUALCOMM during the second quarter valued at approximately $32,000. Finally, Lavaca Capital LLC bought a new stake in QUALCOMM in the second quarter valued at approximately $32,000. Institutional investors and hedge funds own 74.35% of the company’s stock.

QUALCOMM Trading Up 1.1%

QCOM opened at $172.98 on Monday. The stock has a market capitalization of $185.26 billion, a P/E ratio of 35.37, a P/E/G ratio of 3.79 and a beta of 1.21. The company has a current ratio of 2.82, a quick ratio of 2.10 and a debt-to-equity ratio of 0.70. QUALCOMM Incorporated has a 12 month low of $120.80 and a 12 month high of $205.95. The firm’s fifty day simple moving average is $173.39 and its 200 day simple moving average is $164.60.

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 company had revenue of $11.27 billion during the quarter, compared to analysts’ expectations of $10.74 billion. QUALCOMM had a return on equity of 43.22% and a net margin of 12.51%.QUALCOMM’s revenue for the quarter was up 10.0% compared to the same quarter last year. During the same period in the prior year, the firm earned $2.69 earnings per share. QUALCOMM has set its Q1 2026 guidance at 3.300-3.500 EPS. As a group, research analysts anticipate that QUALCOMM Incorporated will post 9.39 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several equities research analysts have weighed in on the stock. Bank of America increased their target price on shares of QUALCOMM from $200.00 to $215.00 and gave the stock a “buy” rating in a report on Thursday, November 6th. Piper Sandler upped their price objective on shares of QUALCOMM from $175.00 to $200.00 and gave the company an “overweight” rating in a research report on Thursday, November 6th. Susquehanna set a $210.00 target price on QUALCOMM in a report on Thursday, November 6th. Cantor Fitzgerald reissued a “neutral” rating and issued a $185.00 target price on shares of QUALCOMM in a research note on Tuesday, December 16th. Finally, Wells Fargo & Company increased their price target on QUALCOMM from $140.00 to $165.00 and gave the stock an “underweight” rating in a report on Thursday, November 6th. Thirteen 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. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $192.94.

Insider Transactions at QUALCOMM

In other news, 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 completion of the transaction, the insider owned 19,593 shares in the company, valued at $3,387,041.91. This trade represents a 7.55% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CAO Patricia Y. Grech sold 203 shares of QUALCOMM stock in a transaction dated Tuesday, December 2nd. The shares were sold at an average price of $170.00, for a total value of $34,510.00. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders sold 49,822 shares of company stock worth $8,689,984. 0.08% of the stock is owned by insiders.

QUALCOMM 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.