IFM Investors Pty Ltd Has $33.05 Million Holdings in QUALCOMM Incorporated $QCOM

IFM Investors Pty Ltd cut its holdings in QUALCOMM Incorporated (NASDAQ:QCOM) by 0.4% during the 1st quarter, according to its most recent disclosure with the SEC. The institutional investor owned 215,176 shares of the wireless technology company’s stock after selling 917 shares during the period. IFM Investors Pty Ltd’s holdings in QUALCOMM were worth $33,053,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also modified their holdings of the company. WFA Asset Management Corp acquired a new position in shares of QUALCOMM in the first quarter valued at about $27,000. Vermillion & White Wealth Management Group LLC increased its holdings in 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 valued at $26,000 after buying an additional 93 shares during the period. Atlantic Edge Private Wealth Management LLC raised its position 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 valued at $26,000 after buying an additional 70 shares in the last quarter. Sunbeam Capital Management LLC bought a new stake in shares of QUALCOMM during the 4th quarter worth approximately $29,000. Finally, Mascagni Wealth Management Inc. bought a new stake in shares of QUALCOMM during the 4th quarter worth approximately $30,000. 74.35% of the stock is currently owned by institutional investors and hedge funds.

QUALCOMM Trading Down 1.0%

QCOM opened at $158.66 on Wednesday. The company’s 50 day moving average is $156.48 and its 200-day moving average is $152.04. QUALCOMM Incorporated has a 1-year low of $120.80 and a 1-year high of $182.10. The company has a current ratio of 3.19, a quick ratio of 2.38 and a debt-to-equity ratio of 0.54. The company has a market cap of $171.19 billion, a P/E ratio of 15.30, a PEG ratio of 2.33 and a beta of 1.21.

QUALCOMM (NASDAQ:QCOM) last posted its quarterly earnings results on Wednesday, July 30th. The wireless technology company reported $2.77 earnings per share for the quarter, beating analysts’ consensus estimates of $2.71 by $0.06. The company had revenue of $10.37 billion for the quarter, compared to the consensus estimate of $10.33 billion. QUALCOMM had a net margin of 26.77% and a return on equity of 40.35%. The firm’s quarterly revenue was up 10.4% compared to the same quarter last year. During the same period last year, the company posted $2.33 EPS. QUALCOMM has set its Q4 2025 guidance at 2.750-2.950 EPS. Equities research 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 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 dividend on an annualized basis and a yield of 2.2%. The ex-dividend date is Thursday, September 4th. QUALCOMM’s dividend payout ratio (DPR) is 34.33%.

Insider Buying and Selling at QUALCOMM

In related news, CAO Patricia Y. Grech sold 236 shares of the firm’s stock in a transaction that occurred on Wednesday, August 27th. The shares were sold at an average price of $158.36, for a total value of $37,372.96. Following the completion of the transaction, the chief accounting officer owned 677 shares in the company, valued at $107,209.72. This trade represents a 25.85% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CAO Neil Martin sold 791 shares of the firm’s stock in a transaction that occurred on Thursday, August 21st. The shares were sold at an average price of $154.82, for a total transaction of $122,462.62. Following the completion of the transaction, the chief accounting officer owned 1,106 shares of the company’s stock, valued at approximately $171,230.92. This trade represents 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 $1,948,054 in the last 90 days. Corporate insiders own 0.08% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts have recently weighed in on the stock. Bank of America cut their price target on shares of QUALCOMM from $245.00 to $200.00 and set a “buy” rating for the company in a report on Tuesday, June 17th. Sanford C. Bernstein set a $185.00 price target on shares of QUALCOMM and gave the stock an “outperform” rating in a report on Monday, July 28th. Mizuho cut their price target on shares of QUALCOMM from $190.00 to $185.00 and set an “outperform” rating for the company in a report on Thursday, July 31st. Arete raised shares of QUALCOMM from a “neutral” rating to a “buy” rating and set a $200.00 price target for the company in a report on Tuesday, August 26th. Finally, Citigroup reaffirmed a “hold” rating on shares of QUALCOMM in a report on Thursday, July 17th. One research 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 assigned a Sell rating to the stock. Based on data from MarketBeat, QUALCOMM presently has a consensus rating of “Moderate Buy” and a consensus target price of $182.82.

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.