Plato Investment Management Ltd Has $6.75 Million Stake in QUALCOMM Incorporated $QCOM

Plato Investment Management Ltd lowered its stake in shares of QUALCOMM Incorporated (NASDAQ:QCOM) by 9.8% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 43,462 shares of the wireless technology company’s stock after selling 4,698 shares during the period. QUALCOMM makes up 0.6% of Plato Investment Management Ltd’s portfolio, making the stock its 29th biggest position. Plato Investment Management Ltd’s holdings in QUALCOMM were worth $6,749,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently modified their holdings of QCOM. SageView Advisory Group LLC boosted its stake in QUALCOMM by 7.6% during the 1st quarter. SageView Advisory Group LLC now owns 3,562 shares of the wireless technology company’s stock worth $547,000 after acquiring an additional 251 shares during the last quarter. Advisory Alpha LLC increased its stake in QUALCOMM by 13.0% in the first quarter. Advisory Alpha LLC now owns 4,891 shares of the wireless technology company’s stock valued at $751,000 after purchasing an additional 563 shares in the last quarter. Bayforest Capital Ltd acquired a new stake in QUALCOMM in the first quarter worth $361,000. Alaethes Wealth LLC raised its holdings in QUALCOMM by 8.5% in the first quarter. Alaethes Wealth LLC now owns 1,501 shares of the wireless technology company’s stock worth $231,000 after purchasing an additional 118 shares during the period. Finally, SCS Capital Management LLC bought a new position in shares of QUALCOMM during the first quarter worth $3,892,000. 74.35% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

A number of analysts recently commented on the stock. Arete upgraded shares of QUALCOMM from a “neutral” rating to a “buy” rating and set a $200.00 price objective for the company in a research report on Tuesday, August 26th. UBS Group increased their price target on QUALCOMM from $145.00 to $165.00 and gave the stock a “neutral” rating in a report on Monday, July 21st. JPMorgan Chase & Co. lifted their price objective on QUALCOMM from $190.00 to $200.00 and gave the company an “overweight” rating in a report on Monday, July 28th. Bank of America decreased their price objective on QUALCOMM from $245.00 to $200.00 and set a “buy” rating for the company in a research report on Tuesday, June 17th. Finally, Mizuho lowered their target price on QUALCOMM from $190.00 to $185.00 and set an “outperform” rating for the company in a research note on Thursday, July 31st. One research analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating, ten have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, QUALCOMM presently has an average rating of “Moderate Buy” and a consensus price target of $182.82.

Insider Buying and Selling

In other QUALCOMM news, CAO Patricia Y. Grech sold 236 shares of the firm’s stock in a transaction that occurred on Wednesday, August 27th. The stock was 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 directly owned 677 shares in the company, valued at $107,209.72. This trade represents a 25.85% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, insider Heather S. Ace sold 1,600 shares of the company’s stock in a transaction that occurred on Friday, August 1st. The stock was sold at an average price of $146.40, for a total value of $234,240.00. Following the sale, the insider owned 21,193 shares in the company, valued at approximately $3,102,655.20. This represents a 7.02% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 12,626 shares of company stock worth $1,948,054 in the last three months. Insiders own 0.08% of the company’s stock.

QUALCOMM Price Performance

NASDAQ QCOM opened at $158.66 on Wednesday. The company has a quick ratio of 2.38, a current ratio of 3.19 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 company has a market capitalization of $171.19 billion, a PE ratio of 15.30, a price-to-earnings-growth ratio of 2.33 and a beta of 1.21. The firm’s 50 day moving average is $156.48 and its 200-day moving average is $152.04.

QUALCOMM (NASDAQ:QCOM) last announced its earnings results on Wednesday, July 30th. The wireless technology company reported $2.77 EPS for the quarter, topping the consensus estimate of $2.71 by $0.06. The business had revenue of $10.37 billion during the quarter, compared to analysts’ expectations of $10.33 billion. QUALCOMM had a net margin of 26.77% and a return on equity of 40.35%. The firm’s revenue was up 10.4% on a year-over-year basis. During the same quarter in the prior year, the company posted $2.33 earnings per share. QUALCOMM has set its Q4 2025 guidance at 2.750-2.950 EPS. 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 disclosed a quarterly dividend, which will be paid on Thursday, September 25th. Stockholders of record on Thursday, September 4th will be issued a $0.89 dividend. The ex-dividend date is Thursday, September 4th. This represents a $3.56 annualized dividend and a dividend yield of 2.2%. QUALCOMM’s dividend payout ratio (DPR) is presently 34.33%.

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.