QUALCOMM Incorporated $QCOM Shares Sold by Bank of New York Mellon Corp

Bank of New York Mellon Corp decreased its holdings in shares of QUALCOMM Incorporated (NASDAQ:QCOM) by 2.6% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The firm owned 8,623,015 shares of the wireless technology company’s stock after selling 234,440 shares during the period. Bank of New York Mellon Corp owned approximately 0.80% of QUALCOMM worth $1,434,525,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in QCOM. Harbor Capital Advisors Inc. increased its holdings in shares of 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 purchasing an additional 65 shares during the period. Chung Wu Investment Group LLC acquired a new position in QUALCOMM in the 2nd quarter valued at $32,000. Harbor Asset Planning Inc. purchased a new position in QUALCOMM during the 2nd quarter worth $32,000. Winnow Wealth LLC acquired a new stake in shares of QUALCOMM in the 2nd quarter worth $32,000. Finally, Lavaca Capital LLC purchased a new stake in shares of QUALCOMM in the second quarter valued at about $32,000. Institutional investors and hedge funds own 74.35% of the company’s stock.

QUALCOMM Stock Performance

Shares of QCOM stock opened at $153.04 on Wednesday. The stock has a fifty day moving average price of $169.87 and a 200 day moving average price of $165.48. 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 stock has a market cap of $163.45 billion, a PE ratio of 31.30, a P/E/G ratio of 3.44 and a beta of 1.21. QUALCOMM Incorporated has a 1 year low of $120.80 and a 1 year high of $205.95.

QUALCOMM (NASDAQ:QCOM) last announced its quarterly earnings results 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. QUALCOMM had a return on equity of 43.22% and a net margin of 12.51%.The business had revenue of $11.27 billion during the quarter, compared to analysts’ expectations of $10.74 billion. During the same quarter last year, the business posted $2.69 earnings per share. The business’s revenue for the quarter was up 10.0% on a year-over-year basis. QUALCOMM has set its Q1 2026 guidance at 3.300-3.500 EPS. Sell-side analysts forecast that QUALCOMM Incorporated will post 9.39 earnings per share for the current fiscal year.

QUALCOMM Announces Dividend

The business 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 dividend of $0.89 per share. This represents a $3.56 dividend on an annualized basis and a yield of 2.3%. The ex-dividend date is Thursday, March 5th. QUALCOMM’s dividend payout ratio is 72.80%.

Analyst Ratings Changes

Several research firms recently issued reports on QCOM. Susquehanna set a $210.00 price target on shares of QUALCOMM in a report on Thursday, November 6th. Citigroup reissued a “neutral” rating on shares of QUALCOMM in a research note on Thursday, January 15th. Wells Fargo & Company lifted their price target on QUALCOMM from $140.00 to $165.00 and gave the company an “underweight” rating in a research note on Thursday, November 6th. JPMorgan Chase & Co. upped their price objective on QUALCOMM from $200.00 to $210.00 and gave the stock an “overweight” rating in a report on Tuesday, November 4th. Finally, Rosenblatt Securities reissued a “buy” rating and issued 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 assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and an average price target of $189.06.

Insider Buying and Selling

In related news, EVP Alexander H. Rogers sold 15,917 shares of the business’s 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 owned 26,071 shares of the company’s stock, valued at approximately $4,640,898.71. The trade was a 37.91% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider Heather S. Ace sold 1,600 shares of the company’s stock in a transaction dated Friday, November 7th. The shares were sold at an average price of $172.87, for a total transaction of $276,592.00. Following the completion of the transaction, the insider owned 19,593 shares in the company, valued at approximately $3,387,041.91. This trade represents a 7.55% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders sold 44,820 shares of company stock valued at $7,883,482. Company insiders own 0.05% of the company’s stock.

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.