QUALCOMM Incorporated $QCOM Stock Position Decreased by Atria Investments Inc

Atria Investments Inc lowered its holdings in QUALCOMM Incorporated (NASDAQ:QCOM) by 7.4% during the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 111,535 shares of the wireless technology company’s stock after selling 8,886 shares during the period. Atria Investments Inc’s holdings in QUALCOMM were worth $18,555,000 at the end of the most recent quarter.

Several other institutional investors also recently made changes to their positions in the stock. ICW Investment Advisors LLC increased its position in QUALCOMM by 6.4% in the third quarter. ICW Investment Advisors LLC now owns 6,424 shares of the wireless technology company’s stock worth $1,069,000 after buying an additional 385 shares during the period. Varma Mutual Pension Insurance Co grew its position in shares of QUALCOMM by 8.7% during the third quarter. Varma Mutual Pension Insurance Co now owns 187,971 shares of the wireless technology company’s stock worth $31,271,000 after acquiring an additional 15,100 shares during the last quarter. Sound Shore Management Inc CT acquired a new stake in shares of QUALCOMM in the 3rd quarter worth about $94,568,000. Cornerstone Investment Partners LLC lifted its position in QUALCOMM by 0.3% in the 3rd quarter. Cornerstone Investment Partners LLC now owns 256,994 shares of the wireless technology company’s stock valued at $42,754,000 after purchasing an additional 773 shares during the last quarter. Finally, Drake & Associates LLC boosted its stake in QUALCOMM by 51.5% during the 3rd quarter. Drake & Associates LLC now owns 6,154 shares of the wireless technology company’s stock valued at $1,106,000 after purchasing an additional 2,092 shares during the period. 74.35% of the stock is owned by institutional investors.

Insider Activity at QUALCOMM

In other QUALCOMM news, EVP Heather S. Ace sold 3,200 shares of the business’s stock in a transaction dated Monday, February 9th. The stock was sold at an average price of $137.00, for a total value of $438,400.00. Following the completion of the sale, the executive vice president owned 16,393 shares of the company’s stock, valued at $2,245,841. The trade was a 16.33% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Ann C. Chaplin sold 7,180 shares of the stock in a transaction dated Tuesday, December 16th. The shares were sold at an average price of $178.03, for a total value of $1,278,255.40. Following the transaction, the executive vice president directly owned 23,944 shares in the company, valued at approximately $4,262,750.32. This represents a 23.07% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 46,217 shares of company stock worth $7,901,275 over the last quarter. 0.05% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

Several brokerages have commented on QCOM. Wells Fargo & Company dropped their price target on shares of QUALCOMM from $165.00 to $135.00 and set an “underweight” rating on the stock in a research note on Thursday, February 5th. Sanford C. Bernstein restated an “outperform” rating and issued a $200.00 target price on shares of QUALCOMM in a research report on Monday, February 2nd. JPMorgan Chase & Co. reduced their price target on QUALCOMM from $195.00 to $185.00 and set an “overweight” rating for the company in a research report on Thursday, February 5th. Bank of America cut QUALCOMM from a “buy” rating to a “neutral” rating and set a $155.00 price target for the company. in a research note on Thursday, February 5th. Finally, Evercore cut their price objective on shares of QUALCOMM from $157.00 to $134.00 and set an “in-line” rating on the stock in a research note on Thursday, February 5th. Ten analysts have rated the stock with a Buy rating, ten have given a Hold rating and three have assigned a Sell rating to the stock. According to MarketBeat.com, QUALCOMM currently has an average rating of “Hold” and an average price target of $164.67.

QUALCOMM Price Performance

Shares of NASDAQ:QCOM opened at $141.04 on Thursday. The firm has a market cap of $150.49 billion, a price-to-earnings ratio of 29.14, a P/E/G ratio of 6.93 and a beta of 1.22. QUALCOMM Incorporated has a 1 year low of $120.80 and a 1 year high of $205.95. The company has a current ratio of 2.51, a quick ratio of 1.83 and a debt-to-equity ratio of 0.64. The business has a fifty day simple moving average of $165.26 and a 200 day simple moving average of $164.56.

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

QUALCOMM Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, March 26th. Shareholders of record on Thursday, March 5th will be given a $0.89 dividend. This represents a $3.56 annualized dividend and a yield of 2.5%. The ex-dividend date of this dividend is Thursday, March 5th. QUALCOMM’s payout ratio 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.