Dakota Wealth Management Has $12.10 Million Position in QUALCOMM Incorporated $QCOM

Dakota Wealth Management raised its holdings in shares of QUALCOMM Incorporated (NASDAQ:QCOM) by 159.4% in the 3rd quarter, according to its most recent 13F filing with the SEC. The fund owned 72,729 shares of the wireless technology company’s stock after acquiring an additional 44,688 shares during the period. Dakota Wealth Management’s holdings in QUALCOMM were worth $12,099,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in QCOM. waypoint wealth counsel grew its position in shares of QUALCOMM by 2.2% during the 3rd quarter. waypoint wealth counsel now owns 2,863 shares of the wireless technology company’s stock worth $476,000 after buying an additional 61 shares during the period. Greykasell Wealth Strategies Inc. boosted its stake in QUALCOMM by 1.5% during the 3rd quarter. Greykasell Wealth Strategies Inc. now owns 4,126 shares of the wireless technology company’s stock worth $686,000 after acquiring an additional 61 shares during the last quarter. Baron Wealth Management LLC grew its holdings in QUALCOMM by 4.5% during the third quarter. Baron Wealth Management LLC now owns 1,431 shares of the wireless technology company’s stock valued at $238,000 after purchasing an additional 62 shares during the period. Elser Financial Planning Inc increased its stake in QUALCOMM by 3.7% in the third quarter. Elser Financial Planning Inc now owns 1,759 shares of the wireless technology company’s stock valued at $297,000 after purchasing an additional 63 shares in the last quarter. Finally, Harbor Capital Advisors Inc. raised its holdings in QUALCOMM by 72.2% in the third quarter. Harbor Capital Advisors Inc. now owns 155 shares of the wireless technology company’s stock worth $26,000 after purchasing an additional 65 shares during the period. 74.35% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of analysts recently commented on the stock. Sanford C. Bernstein restated an “outperform” rating and issued a $200.00 price objective on shares of QUALCOMM in a research report on Monday, February 2nd. Morgan Stanley assumed coverage on QUALCOMM in a research note on Tuesday, February 10th. They issued an “underweight” rating and a $132.00 target price for the company. Rosenblatt Securities dropped their price target on QUALCOMM from $225.00 to $190.00 and set a “buy” rating on the stock in a research report on Thursday, February 5th. Mizuho cut their price objective on shares of QUALCOMM from $160.00 to $140.00 and set a “neutral” rating on the stock in a research report on Thursday, February 5th. Finally, Susquehanna lowered shares of QUALCOMM from a “positive” rating to a “neutral” rating and set a $140.00 target price for the company. in a research note on Thursday, February 5th. One research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating, ten have issued a Hold rating and three have issued a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $164.67.

Insider Activity

In other news, 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 sale, the executive vice president owned 26,071 shares in the company, valued at $4,640,898.71. This represents a 37.91% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this link. Also, CAO Patricia Y. Grech sold 203 shares of the stock in a transaction that occurred on Tuesday, December 2nd. The shares were sold at an average price of $170.00, for a total value of $34,510.00. The SEC filing for this sale provides additional information. Over the last three months, insiders have sold 45,704 shares of company stock worth $7,818,708. Corporate insiders own 0.05% of the company’s stock.

QUALCOMM Stock Performance

Shares of QCOM opened at $140.41 on Tuesday. The stock has a market capitalization of $149.82 billion, a price-to-earnings ratio of 29.01, a PEG ratio of 7.08 and a beta of 1.22. QUALCOMM Incorporated has a 12 month low of $120.80 and a 12 month high of $205.95. The firm has a fifty day simple moving average of $159.44 and a 200 day simple moving average of $164.08. The company has a current ratio of 2.51, a quick ratio of 1.83 and a debt-to-equity ratio of 0.64.

QUALCOMM (NASDAQ:QCOM) last issued its quarterly earnings results on Wednesday, February 4th. The wireless technology company reported $3.50 EPS for the quarter, topping the consensus estimate of $3.38 by $0.12. The firm had revenue of $12.25 billion for the quarter, compared to analysts’ expectations of $12.16 billion. QUALCOMM had a net margin of 11.96% and a return on equity of 44.09%. The company’s revenue for the quarter was up 4.7% on a year-over-year basis. During the same period in the previous year, the firm posted $3.41 EPS. QUALCOMM has set its Q2 2026 guidance at 2.450-2.650 EPS. Research analysts forecast that QUALCOMM Incorporated will post 9.39 EPS for the current fiscal year.

QUALCOMM Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, March 26th. Shareholders of record on Thursday, March 5th will be paid a $0.89 dividend. This represents a $3.56 dividend on an annualized basis and a yield of 2.5%. The ex-dividend date is Thursday, March 5th. QUALCOMM’s dividend payout ratio (DPR) is currently 73.55%.

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.