Retirement Planning Co of New England Inc. Grows Position in QUALCOMM Incorporated $QCOM

Retirement Planning Co of New England Inc. raised its position in shares of QUALCOMM Incorporated (NASDAQ:QCOM) by 6.5% in the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 11,991 shares of the wireless technology company’s stock after purchasing an additional 735 shares during the quarter. Retirement Planning Co of New England Inc.’s holdings in QUALCOMM were worth $1,842,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Banque Transatlantique SA purchased a new position in shares of QUALCOMM in the 4th quarter worth approximately $26,000. Atlantic Edge Private Wealth Management LLC boosted its holdings in shares of QUALCOMM by 70.0% in the 1st quarter. Atlantic Edge Private Wealth Management LLC now owns 170 shares of the wireless technology company’s stock worth $26,000 after purchasing an additional 70 shares during the period. Vermillion & White Wealth Management Group LLC boosted its holdings in shares of QUALCOMM by 122.4% in the 1st quarter. Vermillion & White Wealth Management Group LLC now owns 169 shares of the wireless technology company’s stock worth $26,000 after purchasing an additional 93 shares during the period. WFA Asset Management Corp purchased a new position in shares of QUALCOMM in the 1st quarter worth approximately $27,000. Finally, Sunbeam Capital Management LLC purchased a new position in shares of QUALCOMM in the 4th quarter worth approximately $29,000. Hedge funds and other institutional investors own 74.35% of the company’s stock.

Insider Buying and Selling

In other news, CAO Patricia Y. Grech sold 236 shares of the company’s stock in a transaction dated Wednesday, August 27th. The stock was sold at an average price of $158.36, for a total value of $37,372.96. Following the sale, the chief accounting officer owned 677 shares in the company, valued at $107,209.72. This represents a 25.85% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CAO Neil Martin sold 791 shares of the company’s stock in a transaction dated Thursday, August 21st. The stock was sold at an average price of $154.82, for a total value of $122,462.62. Following the completion of the transaction, the chief accounting officer directly owned 1,106 shares of the company’s stock, valued at $171,230.92. The trade was a 41.70% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 12,626 shares of company stock worth $1,912,190 over the last ninety days. 0.08% of the stock is owned by corporate insiders.

QUALCOMM Trading Down 0.0%

QCOM opened at $160.73 on Friday. The firm has a market cap of $173.43 billion, a price-to-earnings ratio of 15.50, a PEG ratio of 2.34 and a beta of 1.23. The company has a current ratio of 3.19, a quick ratio of 2.38 and a debt-to-equity ratio of 0.54. QUALCOMM Incorporated has a 12 month low of $120.80 and a 12 month high of $182.10. The stock has a fifty day moving average price of $156.18 and a 200-day moving average price of $152.67.

QUALCOMM (NASDAQ:QCOM) last announced its earnings results on Wednesday, July 30th. The wireless technology company reported $2.77 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.71 by $0.06. QUALCOMM had a return on equity of 40.35% and a net margin of 26.77%.The company had revenue of $10.37 billion for the quarter, compared to analyst estimates of $10.33 billion. During the same period in the prior year, the company posted $2.33 EPS. The firm’s quarterly revenue was up 10.4% compared to the same quarter last year. QUALCOMM has set its Q4 2025 guidance at 2.750-2.950 EPS. As a group, equities research analysts anticipate that QUALCOMM Incorporated will post 9.39 earnings per share for the current fiscal year.

QUALCOMM Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, September 25th. Stockholders of record on Thursday, September 4th will be paid a $0.89 dividend. The ex-dividend date is Thursday, September 4th. This represents a $3.56 dividend on an annualized basis and a dividend yield of 2.2%. QUALCOMM’s dividend payout ratio is presently 34.33%.

Analyst Upgrades and Downgrades

A number of equities research analysts recently issued reports on QCOM shares. Arete Research set a $200.00 price target on QUALCOMM in a research note on Tuesday. Citigroup reissued a “hold” rating on shares of QUALCOMM in a research note on Thursday, July 17th. Arete raised QUALCOMM from a “neutral” rating to a “buy” rating and set a $200.00 price target for the company in a research note on Tuesday, August 26th. Wall Street Zen lowered QUALCOMM from a “buy” rating to a “hold” rating in a research note on Sunday, August 3rd. Finally, Sanford C. Bernstein set a $185.00 price target on QUALCOMM and gave the stock an “outperform” rating in a research note on Monday, July 28th. One investment analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating, ten have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, QUALCOMM has an average rating of “Moderate Buy” and a consensus price target of $182.82.

QUALCOMM Company Profile

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.