National Pension Service grew its stake in QUALCOMM Incorporated (NASDAQ:QCOM – Free Report) by 3.5% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 2,645,267 shares of the wireless technology company’s stock after acquiring an additional 88,418 shares during the quarter. National Pension Service owned 0.25% of QUALCOMM worth $440,067,000 at the end of the most recent quarter.
Other institutional investors and hedge funds have also recently modified their holdings of the company. Harbor Capital Advisors Inc. lifted its position in QUALCOMM by 72.2% during 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. Cloud Capital Management LLC bought a new position in shares of QUALCOMM during the 3rd quarter valued at $27,000. Chung Wu Investment Group LLC purchased a new position in shares of QUALCOMM in the 2nd quarter worth $32,000. Harbor Asset Planning Inc. bought a new stake in shares of QUALCOMM in the second quarter worth $32,000. Finally, Winnow Wealth LLC purchased a new stake in QUALCOMM during the second quarter valued at $32,000. 74.35% of the stock is currently owned by institutional investors.
Insider Buying and Selling at QUALCOMM
In other news, CAO Patricia Y. Grech sold 513 shares of QUALCOMM stock in a transaction dated Friday, November 21st. The stock was sold at an average price of $160.95, for a total value of $82,567.35. Following the sale, the chief accounting officer directly owned 203 shares of the company’s stock, valued at approximately $32,672.85. The trade was a 71.65% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, EVP Ann C. Chaplin sold 7,180 shares of the business’s stock in a transaction dated Tuesday, December 16th. The stock was sold at an average price of $178.03, for a total value of $1,278,255.40. Following the completion of the sale, the executive vice president owned 23,944 shares in the company, valued at $4,262,750.32. This represents a 23.07% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders have sold 44,820 shares of company stock worth $7,883,482. Insiders own 0.05% of the company’s stock.
Analysts Set New Price Targets
Read Our Latest Report on QUALCOMM
QUALCOMM Stock Down 0.4%
Shares of QCOM opened at $151.59 on Friday. The business’s 50 day moving average is $169.22 and its 200 day moving average is $165.28. 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 company has a market capitalization of $161.91 billion, a PE ratio of 31.00, a price-to-earnings-growth ratio of 3.39 and a beta of 1.21.
QUALCOMM (NASDAQ:QCOM – Get Free Report) last posted its quarterly earnings results 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. 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 the consensus estimate of $10.74 billion. During the same period in the prior year, the company posted $2.69 EPS. The firm’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. Research analysts expect that QUALCOMM Incorporated will post 9.39 earnings per share for the current fiscal year.
QUALCOMM Announces Dividend
The business also recently disclosed 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 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 72.80%.
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.
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