Aaron Wealth Advisors LLC Purchases 8,547 Shares of Qualcomm Incorporated $QCOM

Aaron Wealth Advisors LLC lifted its position in Qualcomm Incorporated (NASDAQ:QCOM) by 56.9% during the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 23,559 shares of the wireless technology company’s stock after purchasing an additional 8,547 shares during the period. Aaron Wealth Advisors LLC’s holdings in Qualcomm were worth $4,030,000 as of its most recent SEC filing.

Several other large investors have also added to or reduced their stakes in the stock. waypoint wealth counsel boosted its holdings in Qualcomm by 2.2% in the third quarter. waypoint wealth counsel now owns 2,863 shares of the wireless technology company’s stock valued at $476,000 after acquiring an additional 61 shares in the last quarter. Greykasell Wealth Strategies Inc. boosted its holdings in Qualcomm by 1.5% in the third quarter. Greykasell Wealth Strategies Inc. now owns 4,126 shares of the wireless technology company’s stock valued at $686,000 after acquiring an additional 61 shares in the last quarter. Baron Wealth Management LLC boosted its holdings in Qualcomm by 4.5% in the third quarter. Baron Wealth Management LLC now owns 1,431 shares of the wireless technology company’s stock valued at $238,000 after acquiring an additional 62 shares in the last quarter. Certified Advisory Corp boosted its holdings in Qualcomm by 0.6% in the third quarter. Certified Advisory Corp now owns 10,085 shares of the wireless technology company’s stock valued at $1,678,000 after acquiring an additional 62 shares in the last quarter. Finally, Elser Financial Planning Inc boosted its holdings in Qualcomm by 3.7% in the third quarter. Elser Financial Planning Inc now owns 1,759 shares of the wireless technology company’s stock valued at $297,000 after acquiring an additional 63 shares in the last quarter. Institutional investors own 74.35% of the company’s stock.

Analyst Ratings Changes

QCOM has been the topic of several recent analyst reports. Evercore cut their price target on shares of Qualcomm from $157.00 to $134.00 and set an “in-line” rating on the stock in a report on Thursday, February 5th. TD Cowen cut their price target on shares of Qualcomm from $190.00 to $150.00 and set a “buy” rating on the stock in a report on Thursday, February 5th. UBS Group reiterated a “neutral” rating on shares of Qualcomm in a report on Monday, February 2nd. JPMorgan Chase & Co. cut their price target 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, Seaport Research Partners reissued a “sell” rating and set a $100.00 price objective on shares of Qualcomm in a research report on Monday, March 16th. One analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating, eleven have assigned a Hold rating and three have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $163.77.

Insider Activity

In related news, EVP Akash J. Palkhiwala sold 3,333 shares of Qualcomm stock in a transaction dated Friday, February 6th. The stock was sold at an average price of $137.65, for a total value of $458,787.45. Following the completion of the sale, the executive vice president directly owned 35,599 shares in the company, valued at approximately $4,900,202.35. This trade represents a 8.56% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Heather S. Ace sold 3,200 shares of Qualcomm 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 SEC filing for this sale provides additional information. Insiders sold a total of 6,618 shares of company stock valued at $907,855 over the last quarter. 0.05% of the stock is owned by corporate insiders.

Qualcomm Price Performance

QCOM opened at $125.73 on Tuesday. The stock has a 50-day moving average price of $137.61 and a 200-day moving average price of $158.74. The company has a debt-to-equity ratio of 0.64, a current ratio of 2.51 and a quick ratio of 1.83. The firm has a market cap of $134.15 billion, a PE ratio of 25.98 and a beta of 1.28. Qualcomm Incorporated has a 1 year low of $120.80 and a 1 year high of $205.95.

Qualcomm (NASDAQ:QCOM) last released its quarterly earnings data 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. Qualcomm had a return on equity of 44.09% and a net margin of 11.96%.The company had revenue of $12.25 billion during the quarter, compared to the consensus estimate of $12.16 billion. During the same period last year, the company earned $3.41 EPS. Qualcomm’s revenue for the quarter was up 4.7% on a year-over-year basis. Qualcomm has set its Q2 2026 guidance at 2.450-2.650 EPS. Sell-side analysts predict that Qualcomm Incorporated will post 9.39 earnings per share for the current fiscal year.

Qualcomm Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, March 26th. Investors of record on Thursday, March 5th were issued a $0.89 dividend. This represents a $3.56 annualized dividend and a yield of 2.8%. The ex-dividend date was Thursday, March 5th. Qualcomm’s dividend payout ratio (DPR) is presently 73.55%.

Qualcomm announced that its board has initiated a share buyback plan on Tuesday, March 17th that permits the company to buyback $20.00 billion in shares. This buyback authorization permits the wireless technology company to repurchase up to 14.5% of its stock through open market purchases. Stock buyback plans are often an indication that the company’s leadership believes its stock is undervalued.

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.