Clear Trail Advisors LLC Buys Shares of 4,147 Qualcomm Incorporated $QCOM

Clear Trail Advisors LLC purchased a new position in shares of Qualcomm Incorporated (NASDAQ:QCOM) in the 4th quarter, according to the company in its most recent filing with the SEC. The fund purchased 4,147 shares of the wireless technology company’s stock, valued at approximately $709,000.

A number of other institutional investors and hedge funds have also modified their holdings of the business. Harbor Capital Advisors Inc. grew its holdings in Qualcomm by 72.2% during the 3rd 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 period. Cloud Capital Management LLC acquired a new position in shares of Qualcomm in the 3rd quarter valued at $27,000. Lavaca Capital LLC bought a new position in shares of Qualcomm in the 2nd quarter worth $32,000. Board of the Pension Protection Fund acquired a new stake in shares of Qualcomm during the fourth quarter worth $34,000. Finally, Howard Hughes Medical Institute acquired a new stake in shares of Qualcomm during the second quarter worth $38,000. 74.35% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several research analysts recently weighed in on QCOM shares. Morgan Stanley started coverage on shares of Qualcomm in a research note on Tuesday, February 10th. They set an “underweight” rating and a $132.00 price objective on the stock. Loop Capital raised shares of Qualcomm from a “hold” rating to a “buy” rating and set a $185.00 price target on the stock in a research report on Tuesday, February 24th. Wall Street Zen lowered shares of Qualcomm from a “buy” rating to a “hold” rating in a report on Tuesday, December 9th. Wells Fargo & Company raised Qualcomm from an “underweight” rating to an “equal weight” rating and raised their price objective for the stock from $135.00 to $185.00 in a research note on Tuesday, February 24th. Finally, Rosenblatt Securities reduced their target price on Qualcomm from $225.00 to $190.00 and set a “buy” rating on the stock in a report on Thursday, February 5th. One research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating, nine have given a Hold rating and three have issued a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $168.00.

Insider Activity

In other Qualcomm news, EVP Akash J. Palkhiwala sold 3,333 shares of the company’s stock in a transaction that occurred on Friday, February 6th. The stock was sold at an average price of $137.65, for a total transaction of $458,787.45. Following the completion of the transaction, the executive vice president owned 35,599 shares of the company’s stock, valued at $4,900,202.35. This represents a 8.56% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, EVP Heather S. Ace sold 3,200 shares of Qualcomm stock in a transaction that occurred on Monday, February 9th. The shares were sold at an average price of $137.00, for a total transaction of $438,400.00. Following the completion of the sale, the executive vice president owned 16,393 shares in the company, valued at $2,245,841. This trade represents a 16.33% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 9,866 shares of company stock valued at $1,474,796 over the last ninety days. 0.05% of the stock is owned by insiders.

Qualcomm Stock Down 1.2%

Qualcomm stock opened at $128.35 on Tuesday. The company has a 50 day moving average of $143.80 and a 200-day moving average of $161.14. The company has a quick ratio of 1.83, a current ratio of 2.51 and a debt-to-equity ratio of 0.64. Qualcomm Incorporated has a twelve month low of $120.80 and a twelve month high of $205.95. The stock has a market capitalization of $136.95 billion, a PE ratio of 26.52 and a beta of 1.25.

Qualcomm (NASDAQ:QCOM) last posted its quarterly earnings data on Wednesday, February 4th. The wireless technology company reported $3.50 EPS for the quarter, beating the consensus estimate of $3.38 by $0.12. The business 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 firm’s revenue was up 4.7% compared to the same quarter last year. 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. On average, equities research analysts anticipate that Qualcomm Incorporated will post 9.39 EPS for the current fiscal year.

Qualcomm Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, March 26th. Stockholders of record on Thursday, March 5th will be given a dividend of $0.89 per share. This represents a $3.56 annualized dividend and a dividend yield of 2.8%. The ex-dividend date of this dividend is Thursday, March 5th. Qualcomm’s dividend payout ratio is currently 73.55%.

Qualcomm declared that its board has authorized a share repurchase plan on Tuesday, March 17th that allows the company to repurchase $20.00 billion in shares. This repurchase authorization allows the wireless technology company to reacquire up to 14.5% of its shares through open market purchases. Shares repurchase plans are usually an indication that the company’s management believes its shares are undervalued.

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.