iA Global Asset Management Inc. Sells 60,346 Shares of QUALCOMM Incorporated $QCOM

iA Global Asset Management Inc. reduced its holdings in shares of QUALCOMM Incorporated (NASDAQ:QCOM) by 32.2% in the third quarter, according to its most recent filing with the SEC. The fund owned 127,017 shares of the wireless technology company’s stock after selling 60,346 shares during the period. iA Global Asset Management Inc.’s holdings in QUALCOMM were worth $21,131,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. Guinness Asset Management LTD grew its position in shares of QUALCOMM by 11.6% during the 2nd quarter. Guinness Asset Management LTD now owns 55,410 shares of the wireless technology company’s stock worth $8,824,000 after buying an additional 5,779 shares in the last quarter. CORDA Investment Management LLC. grew its holdings in QUALCOMM by 18.6% during the 2nd quarter. CORDA Investment Management LLC. now owns 22,474 shares of the wireless technology company’s stock worth $3,579,000 after acquiring an additional 3,524 shares in the last quarter. Westerkirk Capital Inc. bought a new position in QUALCOMM during the 2nd quarter worth about $4,539,000. MASTERINVEST Kapitalanlage GmbH purchased a new position in QUALCOMM during the 2nd quarter valued at about $3,896,000. Finally, Inscription Capital LLC raised its holdings in shares of QUALCOMM by 58.1% in the 3rd quarter. Inscription Capital LLC now owns 13,055 shares of the wireless technology company’s stock valued at $2,172,000 after purchasing an additional 4,799 shares in the last quarter. Hedge funds and other institutional investors own 74.35% of the company’s stock.

Insider Activity at QUALCOMM

In other QUALCOMM news, CAO Patricia Y. Grech sold 203 shares of the company’s stock in a transaction that occurred on Tuesday, December 2nd. The shares were sold at an average price of $170.00, for a total transaction of $34,510.00. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, EVP Akash J. Palkhiwala sold 3,333 shares of QUALCOMM stock in a transaction on Friday, January 2nd. The stock was sold at an average price of $173.30, for a total transaction of $577,608.90. Following the sale, the executive vice president owned 38,932 shares of the company’s stock, valued at $6,746,915.60. The trade was a 7.89% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 44,820 shares of company stock worth $7,883,482 in the last 90 days. 0.08% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently issued reports on QCOM shares. Rosenblatt Securities reiterated a “buy” rating and set a $225.00 price objective on shares of QUALCOMM in a research note on Thursday, November 6th. Royal Bank Of Canada initiated coverage on QUALCOMM in a research report on Wednesday, January 14th. They set a “sector perform” rating and a $180.00 target price on the stock. JPMorgan Chase & Co. boosted their price target on QUALCOMM from $200.00 to $210.00 and gave the stock an “overweight” rating in a research report on Tuesday, November 4th. TD Cowen restated a “buy” rating on shares of QUALCOMM in a research note on Thursday, November 6th. Finally, Susquehanna set a $210.00 target price on shares of QUALCOMM in a report on Thursday, November 6th. Ten research analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $191.28.

QUALCOMM Stock Up 0.9%

QUALCOMM stock opened at $157.72 on Friday. QUALCOMM Incorporated has a 1-year low of $120.80 and a 1-year high of $205.95. The business has a fifty day moving average price of $170.72 and a 200-day moving average price of $165.47. The company has a debt-to-equity ratio of 0.70, a current ratio of 2.82 and a quick ratio of 2.10. The stock has a market capitalization of $168.91 billion, a price-to-earnings ratio of 32.25, a PEG ratio of 3.48 and a beta of 1.21.

QUALCOMM (NASDAQ:QCOM) last released its quarterly earnings results on Wednesday, November 5th. The wireless technology company reported $3.00 EPS for the quarter, beating analysts’ consensus estimates of $2.87 by $0.13. The company had revenue of $11.27 billion during the quarter, compared to analysts’ expectations of $10.74 billion. QUALCOMM had a return on equity of 43.22% and a net margin of 12.51%.The firm’s revenue was up 10.0% compared to the same quarter last year. During the same period last year, the business posted $2.69 earnings per share. QUALCOMM has set its Q1 2026 guidance at 3.300-3.500 EPS. Equities research analysts forecast that QUALCOMM Incorporated will post 9.39 EPS for the current fiscal year.

QUALCOMM Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, March 26th. Investors of record on Thursday, March 5th will be paid a $0.89 dividend. The ex-dividend date is Thursday, March 5th. This represents a $3.56 dividend on an annualized basis and a yield of 2.3%. QUALCOMM’s dividend payout ratio (DPR) 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.