Colrain Capital LLC Acquires 8,665 Shares of QUALCOMM Incorporated $QCOM

Colrain Capital LLC raised its holdings in shares of QUALCOMM Incorporated (NASDAQ:QCOMFree Report) by 36.9% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 32,165 shares of the wireless technology company’s stock after purchasing an additional 8,665 shares during the quarter. QUALCOMM accounts for about 3.0% of Colrain Capital LLC’s portfolio, making the stock its 18th largest position. Colrain Capital LLC’s holdings in QUALCOMM were worth $5,351,000 as of its most recent SEC filing.

Other large investors have also recently made changes to their positions in the company. Harbor Capital Advisors Inc. increased its stake in QUALCOMM by 72.2% during the third quarter. Harbor Capital Advisors Inc. now owns 155 shares of the wireless technology company’s stock worth $26,000 after acquiring an additional 65 shares during the last quarter. Cloud Capital Management LLC purchased a new position in shares of QUALCOMM in the 3rd quarter worth approximately $27,000. Winnow Wealth LLC bought a new position in shares of QUALCOMM during the 2nd quarter valued at approximately $32,000. Lavaca Capital LLC purchased a new stake in QUALCOMM during the 2nd quarter valued at $32,000. Finally, Guerra Advisors Inc bought a new stake in QUALCOMM in the third quarter worth $39,000. 74.35% of the stock is currently owned by institutional investors.

QUALCOMM Stock Performance

Shares of NASDAQ:QCOM opened at $140.70 on Tuesday. The firm’s 50 day simple moving average is $163.17 and its 200-day simple moving average is $164.25. The company has a debt-to-equity ratio of 0.64, a quick ratio of 1.83 and a current ratio of 2.51. QUALCOMM Incorporated has a one year low of $120.80 and a one year high of $205.95. The firm has a market cap of $150.13 billion, a PE ratio of 29.07, a price-to-earnings-growth ratio of 6.97 and a beta of 1.22.

QUALCOMM (NASDAQ:QCOMGet Free Report) last announced its quarterly earnings data on Wednesday, February 4th. The wireless technology company reported $3.50 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.38 by $0.12. The company had revenue of $12.25 billion for the quarter, compared to analysts’ expectations of $12.16 billion. QUALCOMM had a return on equity of 44.09% and a net margin of 11.96%.QUALCOMM’s revenue was up 4.7% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $3.41 earnings per share. QUALCOMM has set its Q2 2026 guidance at 2.450-2.650 EPS. As a group, equities analysts predict that QUALCOMM Incorporated will post 9.39 EPS for the current year.

QUALCOMM Dividend Announcement

The company 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 dividend yield of 2.5%. The ex-dividend date is Thursday, March 5th. QUALCOMM’s payout ratio is presently 73.55%.

Analyst Ratings Changes

A number of research analysts have weighed in on QCOM shares. Weiss Ratings reiterated a “hold (c)” rating on shares of QUALCOMM in a research report on Monday, December 29th. TD Cowen cut their price target on shares of QUALCOMM from $190.00 to $150.00 and set a “buy” rating on the stock in a report on Thursday, February 5th. Bank of America downgraded shares of QUALCOMM from a “buy” rating to a “neutral” rating and set a $155.00 price objective for the company. in a research note on Thursday, February 5th. Evercore dropped their target price on QUALCOMM from $157.00 to $134.00 and set an “in-line” rating for the company in a research report on Thursday, February 5th. Finally, DZ Bank upgraded QUALCOMM to a “strong-buy” rating in a report on Tuesday, February 10th. One equities research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating, eleven have given a Hold rating and three have assigned a Sell rating to the stock. According to MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $164.67.

Check Out Our Latest Stock Report on QCOM

Insider Buying and Selling

In other news, EVP Heather S. Ace sold 3,200 shares of the business’s stock in a transaction dated Monday, February 9th. The shares were sold at an average price of $137.00, for a total value of $438,400.00. Following the completion of the sale, the executive vice president owned 16,393 shares in the company, valued at approximately $2,245,841. The trade was a 16.33% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, EVP Alexander H. Rogers sold 15,917 shares of the company’s stock in a transaction that occurred on Tuesday, December 16th. The stock was sold at an average price of $178.01, for a total transaction of $2,833,385.17. Following the completion of the sale, the executive vice president directly owned 26,071 shares of the company’s stock, 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. Insiders sold 46,217 shares of company stock valued at $7,901,275 over the last quarter. 0.05% of the stock is owned by company insiders.

QUALCOMM Profile

(Free Report)

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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Institutional Ownership by Quarter for QUALCOMM (NASDAQ:QCOM)

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