Qualcomm Incorporated $QCOM Shares Acquired by Chilton Investment Co. Inc.

Chilton Investment Co. Inc. grew its stake in Qualcomm Incorporated (NASDAQ:QCOM) by 342.7% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 9,743 shares of the wireless technology company’s stock after buying an additional 7,542 shares during the period. Chilton Investment Co. Inc.’s holdings in Qualcomm were worth $1,621,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. Harbor Capital Advisors Inc. increased its position in shares of Qualcomm by 72.2% in the 3rd quarter. Harbor Capital Advisors Inc. now owns 155 shares of the wireless technology company’s stock valued at $26,000 after acquiring an additional 65 shares during the period. Cloud Capital Management LLC purchased a new position in Qualcomm in the 3rd quarter worth $27,000. Winnow Wealth LLC acquired a new stake in Qualcomm during the 2nd quarter worth about $32,000. Lavaca Capital LLC purchased a new stake in Qualcomm during the 2nd quarter valued at about $32,000. Finally, Howard Hughes Medical Institute purchased a new stake in Qualcomm during the 2nd quarter valued at about $38,000. 74.35% of the stock is currently owned by institutional investors and hedge funds.

Qualcomm Stock Performance

Shares of QCOM stock opened at $129.82 on Monday. Qualcomm Incorporated has a 52-week low of $120.80 and a 52-week high of $205.95. The company has a quick ratio of 1.83, a current ratio of 2.51 and a debt-to-equity ratio of 0.64. The stock has a market cap of $138.52 billion, a PE ratio of 26.82 and a beta of 1.25. The business has a 50-day simple moving average of $149.54 and a 200-day simple moving average of $162.38.

Qualcomm (NASDAQ:QCOM) last posted its earnings results on Wednesday, February 4th. The wireless technology company reported $3.50 EPS for the quarter, topping the consensus estimate of $3.38 by $0.12. The firm had revenue of $12.25 billion for the quarter, compared to analyst estimates of $12.16 billion. Qualcomm had a return on equity of 44.09% and a net margin of 11.96%.Qualcomm’s revenue for the quarter was up 4.7% compared to the same quarter last year. During the same period last year, the company earned $3.41 earnings per share. Qualcomm has set its Q2 2026 guidance at 2.450-2.650 EPS. On average, equities analysts expect that Qualcomm Incorporated will post 9.39 EPS for the current year.

Qualcomm Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, March 26th. Stockholders of record on Thursday, March 5th will be paid a dividend of $0.89 per share. The ex-dividend date of this dividend is Thursday, March 5th. This represents a $3.56 dividend on an annualized basis and a dividend yield of 2.7%. Qualcomm’s dividend payout ratio (DPR) is presently 73.55%.

Insider Activity

In other news, EVP Ann C. Chaplin sold 7,180 shares of Qualcomm stock in a transaction that occurred on Tuesday, December 16th. The shares were sold at an average price of $178.03, for a total transaction of $1,278,255.40. Following the completion of the transaction, the executive vice president directly owned 23,944 shares of the company’s stock, valued at $4,262,750.32. The trade was a 23.07% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Heather S. Ace sold 3,200 shares of the business’s stock in a transaction on Monday, February 9th. The shares were sold at an average price of $137.00, for a total transaction of $438,400.00. Following the completion of the transaction, the executive vice president owned 16,393 shares of the company’s stock, valued at approximately $2,245,841. This represents a 16.33% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 45,501 shares of company stock worth $7,784,198 over the last 90 days. Company insiders own 0.05% of the company’s stock.

Analysts Set New Price Targets

Several brokerages have recently issued reports on QCOM. JPMorgan Chase & Co. reduced their price objective on Qualcomm from $195.00 to $185.00 and set an “overweight” rating for the company in a research note on Thursday, February 5th. Robert W. Baird set a $177.00 target price on Qualcomm in a research report on Thursday, February 5th. Morgan Stanley began coverage on shares of Qualcomm in a report on Tuesday, February 10th. They issued an “underweight” rating and a $132.00 price target on the stock. Bank of America assumed coverage on shares of Qualcomm in a research report on Tuesday, March 10th. They set an “underperform” rating and a $145.00 price target for the company. Finally, Citigroup restated a “neutral” rating on shares of Qualcomm in a research note on Thursday, January 15th. One research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating, nine have given a Hold rating and three have assigned a Sell rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $168.00.

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.