Core Alternative Capital Increases Stock Holdings in QUALCOMM Incorporated $QCOM

Core Alternative Capital lifted its stake in shares of QUALCOMM Incorporated (NASDAQ:QCOM) by 12,341.3% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 28,615 shares of the wireless technology company’s stock after buying an additional 28,385 shares during the quarter. Core Alternative Capital’s holdings in QUALCOMM were worth $4,760,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently modified their holdings of QCOM. Harbor Capital Advisors Inc. boosted its stake in QUALCOMM by 72.2% in the third quarter. Harbor Capital Advisors Inc. now owns 155 shares of the wireless technology company’s stock valued at $26,000 after acquiring an additional 65 shares in the last quarter. Chung Wu Investment Group LLC purchased a new stake in shares of QUALCOMM in the 2nd quarter valued at about $32,000. Harbor Asset Planning Inc. acquired a new stake in shares of QUALCOMM in the 2nd quarter valued at about $32,000. Winnow Wealth LLC acquired a new stake in shares of QUALCOMM in the 2nd quarter valued at about $32,000. Finally, Lavaca Capital LLC purchased a new position in QUALCOMM during the 2nd quarter worth approximately $32,000. 74.35% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at QUALCOMM

In other news, insider Heather S. Ace sold 1,600 shares of the stock in a transaction dated Friday, November 7th. The shares were 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 document filed with the SEC, which is available through this hyperlink. Also, EVP Akash J. Palkhiwala sold 10,000 shares of the business’s stock in a transaction dated Thursday, December 18th. The stock was sold at an average price of $175.12, for a total transaction of $1,751,200.00. Following the sale, the executive vice president directly owned 44,803 shares in the company, valued at approximately $7,845,901.36. This represents a 18.25% decrease in their position. The SEC filing for this sale provides additional information. Over the last 90 days, insiders sold 44,820 shares of company stock worth $7,883,482. Company insiders own 0.05% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts have recently weighed in on the company. Piper Sandler increased their price objective on QUALCOMM from $175.00 to $200.00 and gave the company an “overweight” rating in a report on Thursday, November 6th. Citigroup reissued a “neutral” rating on shares of QUALCOMM in a research report on Thursday, January 15th. Cantor Fitzgerald reaffirmed a “neutral” rating and issued a $185.00 target price on shares of QUALCOMM in a report on Tuesday, December 16th. UBS Group decreased their target price on shares of QUALCOMM from $185.00 to $160.00 and set a “neutral” rating for the company in a research note on Monday. Finally, JPMorgan Chase & Co. boosted 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. Ten research analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $189.06.

QUALCOMM Trading Down 1.0%

Shares of QUALCOMM stock opened at $153.04 on Wednesday. The firm has a market cap of $163.45 billion, a price-to-earnings ratio of 31.30, a price-to-earnings-growth ratio of 3.44 and a beta of 1.21. QUALCOMM Incorporated has a 52-week low of $120.80 and a 52-week high of $205.95. The company’s 50-day simple moving average is $169.87 and its 200-day simple moving average is $165.48. 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 (NASDAQ:QCOM) last announced its quarterly earnings data on Wednesday, November 5th. The wireless technology company reported $3.00 earnings per share for the quarter, beating analysts’ consensus estimates of $2.87 by $0.13. The company 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%.The firm’s revenue for the quarter was up 10.0% compared to the same quarter last year. During the same quarter in the previous year, the company earned $2.69 EPS. QUALCOMM has set its Q1 2026 guidance at 3.300-3.500 EPS. As a group, equities research analysts anticipate that QUALCOMM Incorporated will post 9.39 earnings per share for the current year.

QUALCOMM Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, March 26th. Shareholders of record on Thursday, March 5th will be issued a $0.89 dividend. The ex-dividend date of this dividend is Thursday, March 5th. This represents a $3.56 dividend on an annualized basis and a yield of 2.3%. QUALCOMM’s dividend payout ratio (DPR) is 72.80%.

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.