Qualcomm Incorporated $QCOM Shares Acquired by Bank of Montreal Can

Bank of Montreal Can increased its position in Qualcomm Incorporated (NASDAQ:QCOM) by 3.2% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 2,035,923 shares of the wireless technology company’s stock after buying an additional 62,432 shares during the quarter. Bank of Montreal Can owned about 0.19% of Qualcomm worth $338,696,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. waypoint wealth counsel increased its stake in Qualcomm by 2.2% during the third quarter. waypoint wealth counsel now owns 2,863 shares of the wireless technology company’s stock worth $476,000 after acquiring an additional 61 shares during the last quarter. Greykasell Wealth Strategies Inc. lifted its stake in shares of Qualcomm by 1.5% in the 3rd quarter. Greykasell Wealth Strategies Inc. now owns 4,126 shares of the wireless technology company’s stock valued at $686,000 after purchasing an additional 61 shares in the last quarter. Baron Wealth Management LLC grew its holdings in shares of Qualcomm by 4.5% during the 3rd quarter. Baron Wealth Management LLC now owns 1,431 shares of the wireless technology company’s stock worth $238,000 after purchasing an additional 62 shares during the period. Certified Advisory Corp grew its holdings in shares of Qualcomm by 0.6% during the 3rd quarter. Certified Advisory Corp now owns 10,085 shares of the wireless technology company’s stock worth $1,678,000 after purchasing an additional 62 shares during the period. Finally, Elser Financial Planning Inc increased its position in Qualcomm by 3.7% during the 3rd quarter. Elser Financial Planning Inc now owns 1,759 shares of the wireless technology company’s stock worth $297,000 after purchasing an additional 63 shares in the last quarter. Institutional investors and hedge funds own 74.35% of the company’s stock.

Qualcomm Stock Performance

Qualcomm stock opened at $138.11 on Tuesday. The firm has a market capitalization of $147.36 billion, a PE ratio of 28.54, a price-to-earnings-growth ratio of 6.78 and a beta of 1.25. Qualcomm Incorporated has a one year low of $120.80 and a one year high of $205.95. The stock’s 50 day moving average price is $152.71 and its 200 day moving average price is $163.11. The company has a debt-to-equity ratio of 0.64, a quick ratio of 1.83 and a current ratio of 2.51.

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

Qualcomm Announces Dividend

The company 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 $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 2.6%. Qualcomm’s payout ratio is currently 73.55%.

Insider Activity

In other Qualcomm news, EVP Akash J. Palkhiwala sold 10,000 shares of the company’s stock in a transaction dated Thursday, December 18th. The shares were sold at an average price of $175.12, for a total value of $1,751,200.00. Following the completion of the transaction, the executive vice president directly owned 44,803 shares of the company’s stock, valued at $7,845,901.36. This represents a 18.25% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, EVP Ann C. Chaplin sold 7,180 shares of the firm’s 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 sale, the executive vice president owned 23,944 shares of the company’s stock, valued at $4,262,750.32. This represents a 23.07% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders sold 45,501 shares of company stock valued at $7,784,198. Corporate insiders own 0.05% of the company’s stock.

Wall Street Analyst Weigh In

QCOM has been the topic of several research reports. Weiss Ratings restated a “hold (c)” rating on shares of Qualcomm in a report on Monday, December 29th. DZ Bank raised shares of Qualcomm to a “strong-buy” rating in a research report on Tuesday, February 10th. Citigroup reissued a “neutral” rating on shares of Qualcomm in a research note on Thursday, January 15th. JPMorgan Chase & Co. reduced their target price on shares of Qualcomm from $195.00 to $185.00 and set an “overweight” rating on the stock in a report on Thursday, February 5th. Finally, Wall Street Zen cut shares of Qualcomm from a “buy” rating to a “hold” rating in a research report on Tuesday, December 9th. One investment analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating, ten have assigned a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Hold” and an average price target of $168.48.

Qualcomm 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.