ARGA Investment Management LP Reduces Stock Holdings in QUALCOMM Incorporated $QCOM

ARGA Investment Management LP trimmed its position in QUALCOMM Incorporated (NASDAQ:QCOM) by 35.7% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 111,556 shares of the wireless technology company’s stock after selling 61,928 shares during the period. ARGA Investment Management LP’s holdings in QUALCOMM were worth $18,558,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. Mn Services Vermogensbeheer B.V. raised its stake in shares of QUALCOMM by 1.7% in the 3rd quarter. Mn Services Vermogensbeheer B.V. now owns 420,500 shares of the wireless technology company’s stock valued at $69,954,000 after acquiring an additional 7,100 shares during the period. Mitsubishi UFJ Trust & Banking Corp increased its stake in QUALCOMM by 1.5% during the 3rd quarter. Mitsubishi UFJ Trust & Banking Corp now owns 1,094,195 shares of the wireless technology company’s stock worth $182,030,000 after buying an additional 16,219 shares during the period. UG Investment Advisers Ltd. grew its stake in QUALCOMM by 53.4% during the 3rd quarter. UG Investment Advisers Ltd. now owns 888,660 shares of the wireless technology company’s stock valued at $147,837,000 after purchasing an additional 309,273 shares in the last quarter. Westfuller Advisors LLC acquired a new stake in shares of QUALCOMM during the third quarter worth approximately $120,000. Finally, Delta Financial Advisors LLC grew its holdings in QUALCOMM by 6.5% during the 3rd quarter. Delta Financial Advisors LLC now owns 3,937 shares of the wireless technology company’s stock worth $655,000 after acquiring an additional 241 shares in the last quarter. 74.35% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of brokerages have weighed in on QCOM. JPMorgan Chase & Co. increased their target price on shares of QUALCOMM from $200.00 to $210.00 and gave the stock an “overweight” rating in a report on Tuesday, November 4th. Piper Sandler raised their price target on QUALCOMM from $175.00 to $200.00 and gave the company an “overweight” rating in a report on Thursday, November 6th. Bank of America increased their price target on QUALCOMM from $200.00 to $215.00 and gave the company a “buy” rating in a research note on Thursday, November 6th. UBS Group boosted their target price on shares of QUALCOMM from $175.00 to $185.00 and gave the stock a “neutral” rating in a report on Thursday, November 6th. Finally, Rosenblatt Securities reaffirmed a “buy” rating and set a $225.00 target price on shares of QUALCOMM in a report on Thursday, November 6th. Ten research analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $191.28.

QUALCOMM Trading Down 1.3%

Shares of QCOM stock opened at $155.82 on Friday. The company has a debt-to-equity ratio of 0.70, a quick ratio of 2.10 and a current ratio of 2.82. The firm has a fifty day moving average of $170.36 and a 200-day moving average of $165.46. The stock has a market cap of $166.88 billion, a price-to-earnings ratio of 31.87, a P/E/G ratio of 3.52 and a beta of 1.21. QUALCOMM Incorporated has a 52-week low of $120.80 and a 52-week 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 analysts’ consensus estimates of $2.87 by $0.13. The business had revenue of $11.27 billion for the quarter, compared to analyst estimates 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% on a year-over-year basis. During the same period in the prior year, the company earned $2.69 EPS. 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 earnings per share for the current fiscal year.

QUALCOMM Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, March 26th. Investors of record on Thursday, March 5th will be issued a $0.89 dividend. This represents a $3.56 annualized dividend and a yield of 2.3%. The ex-dividend date is Thursday, March 5th. QUALCOMM’s dividend payout ratio is currently 72.80%.

Insider Transactions at QUALCOMM

In related news, insider Heather S. Ace sold 1,600 shares of the company’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 sale, the insider owned 19,593 shares in the company, valued at approximately $3,387,041.91. This represents a 7.55% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, EVP Alexander H. Rogers sold 15,917 shares of the stock in a transaction dated Tuesday, December 16th. The shares were sold at an average price of $178.01, for a total value of $2,833,385.17. Following the completion of the transaction, the executive vice president directly owned 26,071 shares in the company, valued at $4,640,898.71. The trade was a 37.91% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders sold 44,820 shares of company stock valued at $7,883,482. 0.08% of the stock is currently owned by company insiders.

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.