Addison Capital Co Sells 4,038 Shares of QUALCOMM Incorporated $QCOM

Addison Capital Co lowered its holdings in QUALCOMM Incorporated (NASDAQ:QCOM) by 10.0% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 36,301 shares of the wireless technology company’s stock after selling 4,038 shares during the quarter. QUALCOMM accounts for about 1.8% of Addison Capital Co’s investment portfolio, making the stock its 16th biggest holding. Addison Capital Co’s holdings in QUALCOMM were worth $6,039,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of the business. Harbor Capital Advisors Inc. grew its position in QUALCOMM by 72.2% in the 3rd 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. Chung Wu Investment Group LLC bought a new stake in shares of QUALCOMM in the second quarter worth $32,000. Harbor Asset Planning Inc. bought a new stake in shares of QUALCOMM in the second quarter worth $32,000. Winnow Wealth LLC purchased a new stake in QUALCOMM during the second quarter valued at $32,000. Finally, Lavaca Capital LLC bought a new position in QUALCOMM in the second quarter valued at about $32,000. 74.35% of the stock is owned by hedge funds and other institutional investors.

QUALCOMM Trading Down 0.2%

Shares of QUALCOMM stock opened at $152.70 on Thursday. QUALCOMM Incorporated has a fifty-two week low of $120.80 and a fifty-two week high of $205.95. The company has a debt-to-equity ratio of 0.70, a quick ratio of 2.10 and a current ratio of 2.82. The company has a market capitalization of $163.09 billion, a P/E ratio of 31.23, a P/E/G ratio of 3.41 and a beta of 1.21. The company has a fifty day moving average of $169.60 and a 200 day moving average of $165.39.

QUALCOMM (NASDAQ:QCOM) last posted 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 business had revenue of $11.27 billion for 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 business’s quarterly revenue was up 10.0% on a year-over-year basis. During the same period last year, the firm earned $2.69 earnings per share. QUALCOMM has set its Q1 2026 guidance at 3.300-3.500 EPS. On average, sell-side analysts anticipate that QUALCOMM Incorporated will post 9.39 earnings per share for the current fiscal year.

QUALCOMM Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, March 26th. Shareholders of record on Thursday, March 5th will be issued a dividend of $0.89 per share. This represents a $3.56 dividend on an annualized basis and a yield of 2.3%. The ex-dividend date of this dividend is Thursday, March 5th. QUALCOMM’s dividend payout ratio (DPR) is 72.80%.

Analyst Ratings Changes

A number of research firms have issued reports on QCOM. Cantor Fitzgerald restated a “neutral” rating and set a $185.00 price target on shares of QUALCOMM in a research note on Tuesday, December 16th. TD Cowen restated a “buy” rating on shares of QUALCOMM in a research report on Thursday, November 6th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of QUALCOMM in a report on Monday, December 29th. Citigroup reiterated a “neutral” rating on shares of QUALCOMM in a research note on Thursday, January 15th. Finally, Wells Fargo & Company boosted their price objective on shares of QUALCOMM from $140.00 to $165.00 and gave the company an “underweight” rating in a research report on Thursday, November 6th. Ten equities research analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, QUALCOMM presently has a consensus rating of “Hold” and a consensus price target of $189.06.

Insider Buying and Selling at QUALCOMM

In related news, EVP Akash J. Palkhiwala sold 3,333 shares of the firm’s stock in a transaction on Friday, January 2nd. The shares were sold at an average price of $173.30, for a total transaction of $577,608.90. Following the completion of the transaction, the executive vice president directly owned 38,932 shares of the company’s stock, valued at approximately $6,746,915.60. This trade represents a 7.89% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, EVP Alexander H. Rogers sold 15,917 shares of the business’s stock in a transaction 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 owned 26,071 shares in the company, valued at approximately $4,640,898.71. The trade was a 37.91% decrease in their position. The SEC filing for this sale provides additional information. Over the last 90 days, insiders sold 44,820 shares of company stock worth $7,883,482. Insiders own 0.05% of the company’s stock.

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.