AIMZ Investment Advisors LLC Sells 166 Shares of QUALCOMM Incorporated $QCOM

AIMZ Investment Advisors LLC decreased its position in QUALCOMM Incorporated (NASDAQ:QCOM) by 0.3% in the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 58,653 shares of the wireless technology company’s stock after selling 166 shares during the period. QUALCOMM comprises approximately 3.1% of AIMZ Investment Advisors LLC’s holdings, making the stock its 5th largest holding. AIMZ Investment Advisors LLC’s holdings in QUALCOMM were worth $9,010,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of QCOM. Brighton Jones LLC raised its stake in shares of QUALCOMM by 116.6% in the 4th quarter. Brighton Jones LLC now owns 17,356 shares of the wireless technology company’s stock valued at $2,666,000 after buying an additional 9,343 shares in the last quarter. Revolve Wealth Partners LLC lifted its position in shares of QUALCOMM by 15.4% during the 4th quarter. Revolve Wealth Partners LLC now owns 2,542 shares of the wireless technology company’s stock worth $391,000 after buying an additional 340 shares during the period. Capital Analysts LLC grew its position in QUALCOMM by 3.9% in the fourth quarter. Capital Analysts LLC now owns 22,884 shares of the wireless technology company’s stock valued at $3,515,000 after acquiring an additional 854 shares during the period. Coldstream Capital Management Inc. grew its position in QUALCOMM by 2.1% in the fourth quarter. Coldstream Capital Management Inc. now owns 47,415 shares of the wireless technology company’s stock valued at $7,284,000 after acquiring an additional 974 shares during the period. Finally, Virtus ETF Advisers LLC raised its stake in QUALCOMM by 36.0% during the fourth quarter. Virtus ETF Advisers LLC now owns 6,686 shares of the wireless technology company’s stock worth $1,027,000 after acquiring an additional 1,769 shares in the last quarter. Institutional investors and hedge funds own 74.35% of the company’s stock.

Insider Buying and Selling at QUALCOMM

In other QUALCOMM news, insider Heather S. Ace sold 1,600 shares of the stock in a transaction dated Friday, August 1st. The stock was sold at an average price of $146.40, for a total value of $234,240.00. Following the transaction, the insider owned 21,193 shares of the company’s stock, valued at approximately $3,102,655.20. This represents a 7.02% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CFO Akash J. Palkhiwala sold 3,333 shares of the business’s stock in a transaction dated Wednesday, July 2nd. The stock was sold at an average price of $161.28, for a total value of $537,546.24. Following the transaction, the chief financial officer owned 46,446 shares of the company’s stock, valued at $7,490,810.88. The trade was a 6.70% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 12,390 shares of company stock valued at $1,874,817. 0.08% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

Several brokerages have recently commented on QCOM. Evercore ISI reduced their target price on shares of QUALCOMM from $179.00 to $157.00 and set an “in-line” rating on the stock in a research note on Friday, May 2nd. Rosenblatt Securities restated a “buy” rating and issued a $225.00 price target on shares of QUALCOMM in a research report on Thursday, July 31st. UBS Group raised their price objective on shares of QUALCOMM from $145.00 to $165.00 and gave the stock a “neutral” rating in a report on Monday, July 21st. Piper Sandler reduced their target price on QUALCOMM from $190.00 to $175.00 and set an “overweight” rating on the stock in a report on Thursday, July 31st. Finally, JPMorgan Chase & Co. increased their price target on QUALCOMM from $190.00 to $200.00 and gave the stock an “overweight” rating in a research report on Monday, July 28th. Eleven investment analysts have rated the stock with a Buy rating, ten have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $181.10.

QUALCOMM Price Performance

QCOM opened at $158.01 on Friday. The company has a debt-to-equity ratio of 0.54, a current ratio of 3.19 and a quick ratio of 2.38. The stock has a market capitalization of $170.49 billion, a P/E ratio of 15.24, a price-to-earnings-growth ratio of 2.30 and a beta of 1.23. The company’s 50 day simple moving average is $155.64 and its 200-day simple moving average is $153.04. QUALCOMM Incorporated has a one year low of $120.80 and a one year high of $182.10.

QUALCOMM (NASDAQ:QCOM) last announced its quarterly earnings data on Wednesday, July 30th. The wireless technology company reported $2.77 EPS for the quarter, topping analysts’ consensus estimates of $2.71 by $0.06. The firm had revenue of $10.37 billion during the quarter, compared to analyst estimates of $10.33 billion. QUALCOMM had a return on equity of 40.35% and a net margin of 26.77%.The company’s revenue was up 10.4% on a year-over-year basis. During the same period last year, the company earned $2.33 earnings per share. QUALCOMM has set its Q4 2025 guidance at 2.750-2.950 EPS. Sell-side analysts anticipate 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 will be paid on Thursday, September 25th. Investors of record on Thursday, September 4th will be issued a $0.89 dividend. This represents a $3.56 annualized dividend and a yield of 2.3%. The ex-dividend date is Thursday, September 4th. QUALCOMM’s dividend payout ratio is currently 34.33%.

About QUALCOMM

QUALCOMM Incorporated engages in the development and commercialization of foundational technologies for the wireless industry worldwide. It operates through three segments: Qualcomm CDMA Technologies (QCT); Qualcomm Technology Licensing (QTL); and Qualcomm Strategic Initiatives (QSI). The QCT segment develops and supplies integrated circuits and system software based on 3G/4G/5G and other technologies for use in wireless voice and data communications, networking, computing, multimedia, and position location products.