Qualcomm Incorporated $QCOM Shares Bought by Savvy Advisors Inc.

Savvy Advisors Inc. boosted its holdings in shares of Qualcomm Incorporated (NASDAQ:QCOM) by 43.3% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 19,102 shares of the wireless technology company’s stock after purchasing an additional 5,776 shares during the period. Savvy Advisors Inc.’s holdings in Qualcomm were worth $3,267,000 at the end of the most recent quarter.

Other large investors have also recently added to or reduced their stakes in the company. Arta Finance Wealth Management LLC acquired a new position in shares of Qualcomm in the 4th quarter worth $245,000. Stratos Wealth Advisors LLC lifted its holdings in shares of Qualcomm by 6.6% during the fourth quarter. Stratos Wealth Advisors LLC now owns 23,325 shares of the wireless technology company’s stock valued at $3,990,000 after purchasing an additional 1,435 shares during the last quarter. Perpetual Ltd boosted its position in shares of Qualcomm by 3.3% in the 4th quarter. Perpetual Ltd now owns 231,500 shares of the wireless technology company’s stock valued at $39,598,000 after purchasing an additional 7,379 shares during the period. Red Door Wealth Management LLC boosted its position in shares of Qualcomm by 3.1% in the 4th quarter. Red Door Wealth Management LLC now owns 57,138 shares of the wireless technology company’s stock valued at $9,773,000 after purchasing an additional 1,738 shares during the period. Finally, C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors increased its stake in Qualcomm by 9.6% in the 4th quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors now owns 3,768 shares of the wireless technology company’s stock worth $645,000 after purchasing an additional 330 shares in the last quarter. 74.35% of the stock is currently owned by institutional investors.

Qualcomm Price Performance

QCOM stock opened at $126.80 on Monday. The company has a 50 day moving average of $138.19 and a two-hundred day moving average of $159.03. The company has a market cap of $135.30 billion, a price-to-earnings ratio of 26.20 and a beta of 1.28. Qualcomm Incorporated has a 12-month low of $120.80 and a 12-month high of $205.95. 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 (NASDAQ:QCOM) last posted its quarterly earnings results on Wednesday, February 4th. The wireless technology company reported $3.50 earnings per share for the quarter, topping analysts’ consensus estimates of $3.38 by $0.12. Qualcomm had a net margin of 11.96% and a return on equity of 44.09%. The business had revenue of $12.25 billion for the quarter, compared to the consensus estimate of $12.16 billion. During the same period in the prior year, the business posted $3.41 earnings per share. Qualcomm’s revenue for the quarter was up 4.7% compared to the same quarter last year. Qualcomm has set its Q2 2026 guidance at 2.450-2.650 EPS. On average, equities analysts anticipate that Qualcomm Incorporated will post 9.39 earnings per share for the current fiscal year.

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

Qualcomm Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, March 26th. Shareholders of record on Thursday, March 5th were given a $0.89 dividend. This represents a $3.56 annualized dividend and a yield of 2.8%. The ex-dividend date of this dividend was Thursday, March 5th. Qualcomm’s dividend payout ratio is presently 73.55%.

Insider Transactions at Qualcomm

In other news, EVP Heather S. Ace sold 3,200 shares of Qualcomm stock in a transaction dated Monday, February 9th. The stock was 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 directly owned 16,393 shares in the company, valued at $2,245,841. The trade was a 16.33% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Akash J. Palkhiwala sold 3,333 shares of the business’s stock in a transaction that occurred on Friday, February 6th. The shares were sold at an average price of $137.65, for a total value of $458,787.45. Following the completion of the sale, the executive vice president directly owned 35,599 shares of the company’s stock, valued at approximately $4,900,202.35. The trade was a 8.56% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 6,618 shares of company stock valued at $907,855 over the last ninety days. Company insiders own 0.05% of the company’s stock.

Analyst Upgrades and Downgrades

QCOM has been the subject of a number of analyst reports. Piper Sandler reaffirmed an “overweight” rating and set a $200.00 price objective on shares of Qualcomm in a research note on Thursday, February 5th. Susquehanna lowered shares of Qualcomm from a “positive” rating to a “neutral” rating and set a $140.00 price target on the stock. in a report on Thursday, February 5th. Morgan Stanley started coverage on shares of Qualcomm in a research note on Tuesday, February 10th. They issued an “underweight” rating and a $132.00 price objective for the company. Royal Bank Of Canada lowered their price objective on shares of Qualcomm from $180.00 to $150.00 and set a “sector perform” rating on the stock in a research report on Thursday, February 5th. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Qualcomm in a research note on Friday, March 27th. One research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating, eleven have issued a Hold rating and three have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $163.77.

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.