Farmers Trust Co. Sells 200 Shares of QUALCOMM Incorporated $QCOM

Farmers Trust Co. decreased its position in QUALCOMM Incorporated (NASDAQ:QCOM) by 4.9% during the second quarter, HoldingsChannel reports. The firm owned 3,874 shares of the wireless technology company’s stock after selling 200 shares during the quarter. Farmers Trust Co.’s holdings in QUALCOMM were worth $617,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently modified their holdings of the company. Foster Group Inc. raised its position in shares of QUALCOMM by 20.1% in the second quarter. Foster Group Inc. now owns 1,720 shares of the wireless technology company’s stock valued at $274,000 after purchasing an additional 288 shares during the period. BlueSky Wealth Advisors LLC bought a new position in shares of QUALCOMM in the second quarter valued at approximately $258,000. McGlone Suttner Wealth Management Inc. raised its position in shares of QUALCOMM by 17.0% in the second quarter. McGlone Suttner Wealth Management Inc. now owns 5,386 shares of the wireless technology company’s stock valued at $858,000 after purchasing an additional 781 shares during the period. Ridgewood Investments LLC increased its position in QUALCOMM by 10.9% during the second quarter. Ridgewood Investments LLC now owns 15,618 shares of the wireless technology company’s stock worth $2,487,000 after acquiring an additional 1,535 shares during the period. Finally, U.S. Capital Wealth Advisors LLC raised its stake in QUALCOMM by 19.9% during the 2nd quarter. U.S. Capital Wealth Advisors LLC now owns 82,424 shares of the wireless technology company’s stock valued at $13,127,000 after purchasing an additional 13,695 shares during the last quarter. Institutional investors own 74.35% of the company’s stock.

Insider Activity at QUALCOMM

In other QUALCOMM news, CAO Patricia Y. Grech sold 273 shares of the stock in a transaction dated Friday, September 12th. The shares were sold at an average price of $161.42, for a total transaction of $44,067.66. Following the sale, the chief accounting officer owned 404 shares of the company’s stock, valued at $65,213.68. This represents a 40.32% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, 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 transaction of $234,240.00. Following the sale, the insider directly 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 12,899 shares of company stock worth $1,992,121 in the last quarter. Insiders own 0.08% of the company’s stock.

QUALCOMM Stock Up 1.7%

QCOM opened at $169.72 on Tuesday. The firm’s 50-day simple moving average is $157.34 and its 200-day simple moving average is $152.39. The company has a debt-to-equity ratio of 0.54, a quick ratio of 2.38 and a current ratio of 3.19. QUALCOMM Incorporated has a twelve month low of $120.80 and a twelve month high of $182.10. The firm has a market cap of $183.13 billion, a price-to-earnings ratio of 16.37, a PEG ratio of 2.41 and a beta of 1.21.

QUALCOMM (NASDAQ:QCOM) last issued 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. QUALCOMM had a net margin of 26.77% and a return on equity of 40.35%. The firm had revenue of $10.37 billion for the quarter, compared to analyst estimates of $10.33 billion. During the same quarter in the prior year, the firm earned $2.33 EPS. The company’s revenue was up 10.4% on a year-over-year basis. QUALCOMM has set its Q4 2025 guidance at 2.750-2.950 EPS. Equities research analysts anticipate that QUALCOMM Incorporated will post 9.39 EPS for the current fiscal year.

QUALCOMM Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, September 25th. Shareholders of record on Thursday, September 4th will be issued a dividend of $0.89 per share. The ex-dividend date of this dividend is Thursday, September 4th. This represents a $3.56 dividend on an annualized basis and a yield of 2.1%. QUALCOMM’s dividend payout ratio is currently 34.33%.

Analyst Ratings Changes

Several equities analysts recently commented on QCOM shares. Wall Street Zen cut shares of QUALCOMM from a “buy” rating to a “hold” rating in a research note on Sunday, August 3rd. Rosenblatt Securities reiterated a “buy” rating and set a $225.00 target price on shares of QUALCOMM in a research note on Thursday, July 31st. Bank of America cut their target price on shares of QUALCOMM from $245.00 to $200.00 and set a “buy” rating for the company in a research note on Tuesday, June 17th. UBS Group upped their target price on shares of QUALCOMM from $145.00 to $165.00 and gave the company a “neutral” rating in a research note on Monday, July 21st. Finally, Piper Sandler cut their target price on shares of QUALCOMM from $190.00 to $175.00 and set an “overweight” rating for the company in a research note on Thursday, July 31st. One investment analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating, ten have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average 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.