Dynasty Wealth Management LLC Buys Shares of 3,407 QUALCOMM Incorporated $QCOM

Dynasty Wealth Management LLC purchased a new position in shares of QUALCOMM Incorporated (NASDAQ:QCOM) during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm purchased 3,407 shares of the wireless technology company’s stock, valued at approximately $567,000.

Several other hedge funds and other institutional investors have also recently modified their holdings of QCOM. Guinness Asset Management LTD raised its holdings in shares of QUALCOMM by 11.6% in the second quarter. Guinness Asset Management LTD now owns 55,410 shares of the wireless technology company’s stock worth $8,824,000 after buying an additional 5,779 shares during the period. CORDA Investment Management LLC. increased its stake in QUALCOMM by 18.6% in the second quarter. CORDA Investment Management LLC. now owns 22,474 shares of the wireless technology company’s stock worth $3,579,000 after purchasing an additional 3,524 shares during the period. Westerkirk Capital Inc. purchased a new stake in QUALCOMM in the second quarter worth $4,539,000. MASTERINVEST Kapitalanlage GmbH bought a new stake in shares of QUALCOMM during the second quarter worth $3,896,000. Finally, Inscription Capital LLC boosted its stake in shares of QUALCOMM by 58.1% during the third quarter. Inscription Capital LLC now owns 13,055 shares of the wireless technology company’s stock valued at $2,172,000 after purchasing an additional 4,799 shares during the period. 74.35% of the stock is currently owned by hedge funds and other institutional investors.

QUALCOMM Stock Down 3.4%

QUALCOMM stock opened at $154.07 on Wednesday. The company has a quick ratio of 2.10, a current ratio of 2.82 and a debt-to-equity ratio of 0.70. The firm has a market cap of $165.01 billion, a P/E ratio of 31.51, a P/E/G ratio of 3.55 and a beta of 1.21. The business has a fifty day moving average of $171.46 and a two-hundred day moving average of $165.59. QUALCOMM Incorporated has a twelve month low of $120.80 and a twelve month high of $205.95.

QUALCOMM (NASDAQ:QCOM) last released its quarterly earnings results on Wednesday, November 5th. The wireless technology company reported $3.00 EPS 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 firm had revenue of $11.27 billion during the quarter, compared to analyst estimates of $10.74 billion. During the same period in the previous year, the company posted $2.69 EPS. The business’s revenue for the quarter 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, analysts forecast that QUALCOMM Incorporated will post 9.39 earnings per share for the current fiscal year.

QUALCOMM Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, March 26th. Shareholders of record on Thursday, March 5th will be given a dividend of $0.89 per share. This represents a $3.56 annualized dividend and a dividend yield of 2.3%. The ex-dividend date of this dividend is Thursday, March 5th. QUALCOMM’s dividend payout ratio is presently 72.80%.

Insiders Place Their Bets

In other news, EVP Akash J. Palkhiwala sold 3,333 shares of QUALCOMM stock in a transaction that occurred on Friday, January 2nd. The shares were sold at an average price of $173.30, for a total value of $577,608.90. Following the transaction, the executive vice president owned 38,932 shares of the company’s stock, valued at $6,746,915.60. The trade was a 7.89% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, CAO Patricia Y. Grech sold 203 shares of the business’s stock in a transaction that occurred on Tuesday, December 2nd. The stock was sold at an average price of $170.00, for a total transaction of $34,510.00. The SEC filing for this sale provides additional information. In the last ninety days, insiders sold 44,820 shares of company stock worth $7,883,482. Insiders own 0.08% of the company’s stock.

Analysts Set New Price Targets

Several research firms recently commented on QCOM. Bank of America raised their price target on shares of QUALCOMM from $200.00 to $215.00 and gave the stock a “buy” rating in a research note on Thursday, November 6th. Wall Street Zen lowered shares of QUALCOMM from a “buy” rating to a “hold” rating in a research report on Tuesday, December 9th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of QUALCOMM in a research note on Monday, December 29th. TD Cowen increased their price objective on QUALCOMM from $185.00 to $205.00 and gave the stock a “buy” rating in a research note on Thursday, November 6th. Finally, Susquehanna set a $210.00 target price on QUALCOMM in a research report on Thursday, November 6th. Eleven analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $191.28.

About QUALCOMM

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.