QUALCOMM Incorporated $QCOM Shares Acquired by Advisors Capital Management LLC

Advisors Capital Management LLC lifted its holdings in shares of QUALCOMM Incorporated (NASDAQ:QCOM) by 1.7% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 440,701 shares of the wireless technology company’s stock after purchasing an additional 7,271 shares during the period. QUALCOMM comprises approximately 0.9% of Advisors Capital Management LLC’s holdings, making the stock its 24th biggest holding. Advisors Capital Management LLC’s holdings in QUALCOMM were worth $73,315,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of QCOM. Norges Bank purchased a new stake in QUALCOMM during the 2nd quarter worth about $2,713,603,000. Amundi lifted its holdings in QUALCOMM by 38.2% in the 2nd quarter. Amundi now owns 11,533,094 shares of the wireless technology company’s stock valued at $1,866,451,000 after purchasing an additional 3,186,524 shares in the last quarter. Viking Global Investors LP boosted its stake in shares of QUALCOMM by 120.1% during the 2nd quarter. Viking Global Investors LP now owns 3,152,866 shares of the wireless technology company’s stock worth $502,125,000 after purchasing an additional 1,720,529 shares during the last quarter. Rafferty Asset Management LLC grew its holdings in shares of QUALCOMM by 59.1% during the second quarter. Rafferty Asset Management LLC now owns 4,418,406 shares of the wireless technology company’s stock worth $703,675,000 after buying an additional 1,641,068 shares in the last quarter. Finally, Worldquant Millennium Advisors LLC raised its position in shares of QUALCOMM by 228.6% in the second quarter. Worldquant Millennium Advisors LLC now owns 1,130,038 shares of the wireless technology company’s stock valued at $179,970,000 after buying an additional 786,110 shares during the last quarter. Hedge funds and other institutional investors own 74.35% of the company’s stock.

QUALCOMM Price Performance

QCOM stock opened at $142.63 on Wednesday. The company has a market cap of $152.19 billion, a PE ratio of 29.47, a price-to-earnings-growth ratio of 6.97 and a beta of 1.22. 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 stock has a 50-day moving average price of $162.50 and a two-hundred day moving average price of $164.21. QUALCOMM Incorporated has a 12-month low of $120.80 and a 12-month high of $205.95.

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

QUALCOMM Dividend Announcement

The firm 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 $0.89 dividend. The ex-dividend date of this dividend is Thursday, March 5th. This represents a $3.56 annualized dividend and a dividend yield of 2.5%. QUALCOMM’s dividend payout ratio is presently 73.55%.

Insiders Place Their Bets

In other QUALCOMM news, EVP Alexander H. Rogers sold 15,917 shares of the firm’s stock in a transaction dated Tuesday, December 16th. The stock was sold at an average price of $178.01, for a total value of $2,833,385.17. Following the transaction, the executive vice president directly owned 26,071 shares of the company’s stock, valued at $4,640,898.71. This trade represents a 37.91% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, EVP Ann C. Chaplin sold 7,180 shares of the business’s stock in a transaction dated Tuesday, December 16th. The stock was sold at an average price of $178.03, for a total value of $1,278,255.40. Following the transaction, the executive vice president 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. In the last 90 days, insiders have sold 46,217 shares of company stock worth $7,901,275. 0.05% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

A number of analysts recently issued reports on QCOM shares. Mizuho decreased their target price on shares of QUALCOMM from $160.00 to $140.00 and set a “neutral” rating on the stock in a research report on Thursday, February 5th. Evercore decreased their price objective on QUALCOMM from $157.00 to $134.00 and set an “in-line” rating on the stock in a report on Thursday, February 5th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of QUALCOMM in a research report on Monday, December 29th. Zacks Research downgraded QUALCOMM from a “hold” rating to a “strong sell” rating in a research report on Tuesday, January 27th. Finally, Royal Bank Of Canada lowered their price target on QUALCOMM from $180.00 to $150.00 and set a “sector perform” rating for the company in a report on Thursday, February 5th. One equities research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating, ten have assigned a Hold rating and three have assigned a Sell rating to the company. According to MarketBeat, QUALCOMM presently has a consensus rating of “Hold” and a consensus target price of $164.67.

QUALCOMM Company Profile

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.