Park Avenue Securities LLC Boosts Stock Holdings in QUALCOMM Incorporated $QCOM

Park Avenue Securities LLC grew its stake in shares of QUALCOMM Incorporated (NASDAQ:QCOM) by 4.8% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 30,790 shares of the wireless technology company’s stock after acquiring an additional 1,418 shares during the period. Park Avenue Securities LLC’s holdings in QUALCOMM were worth $4,904,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in QCOM. Atlantic Edge Private Wealth Management LLC lifted its position in shares of QUALCOMM by 70.0% during the first quarter. Atlantic Edge Private Wealth Management LLC now owns 170 shares of the wireless technology company’s stock worth $26,000 after acquiring an additional 70 shares in the last quarter. Vermillion & White Wealth Management Group LLC lifted its position in shares of QUALCOMM by 122.4% during the first quarter. Vermillion & White Wealth Management Group LLC now owns 169 shares of the wireless technology company’s stock worth $26,000 after acquiring an additional 93 shares in the last quarter. WFA Asset Management Corp purchased a new stake in shares of QUALCOMM during the first quarter worth $27,000. Mascagni Wealth Management Inc. purchased a new stake in shares of QUALCOMM during the fourth quarter worth $30,000. Finally, Wood Tarver Financial Group LLC purchased a new stake in shares of QUALCOMM during the fourth quarter worth $31,000. Hedge funds and other institutional investors own 74.35% of the company’s stock.

Insider Activity at QUALCOMM

In other QUALCOMM news, CFO Akash J. Palkhiwala sold 3,333 shares of the firm’s stock in a transaction dated Tuesday, September 2nd. The shares were sold at an average price of $156.86, for a total value of $522,814.38. Following the completion of the sale, the chief financial officer directly owned 39,874 shares in the company, valued at $6,254,635.64. This trade represents a 7.71% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. Also, insider Heather S. Ace sold 1,600 shares of QUALCOMM stock in a transaction that occurred on Friday, August 1st. The shares were sold at an average price of $146.40, for a total transaction of $234,240.00. Following the transaction, the insider owned 21,193 shares of the company’s stock, valued at $3,102,655.20. The trade was a 7.02% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 12,899 shares of company stock valued at $1,992,121. 0.08% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

Several equities research analysts have issued reports on QCOM shares. Piper Sandler dropped their target price on QUALCOMM from $190.00 to $175.00 and set an “overweight” rating on the stock in a research report on Thursday, July 31st. Rosenblatt Securities reaffirmed a “buy” rating and issued a $225.00 price target on shares of QUALCOMM in a report on Thursday, July 31st. Citigroup reaffirmed a “hold” rating on shares of QUALCOMM in a report on Thursday, July 17th. JPMorgan Chase & Co. upped their price target on shares of QUALCOMM from $190.00 to $200.00 and gave the stock an “overweight” rating in a report on Monday, July 28th. Finally, Wall Street Zen cut shares of QUALCOMM from a “buy” rating to a “hold” rating in a report on Sunday, August 3rd. One investment analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, ten have issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $182.82.

QUALCOMM Stock Performance

QUALCOMM stock opened at $169.72 on Tuesday. 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 firm has a 50-day moving average of $157.34 and a 200-day moving average of $152.39. The firm has a market cap of $183.13 billion, a P/E ratio of 16.37, a P/E/G ratio of 2.41 and a beta of 1.21. QUALCOMM Incorporated has a 1-year low of $120.80 and a 1-year high of $182.10.

QUALCOMM (NASDAQ:QCOM) last posted its earnings results on Wednesday, July 30th. The wireless technology company reported $2.77 earnings per share for the quarter, topping analysts’ consensus estimates of $2.71 by $0.06. The company had revenue of $10.37 billion during the quarter, compared to analyst estimates of $10.33 billion. QUALCOMM had a net margin of 26.77% and a return on equity of 40.35%. QUALCOMM’s revenue for the quarter was up 10.4% on a year-over-year basis. During the same period in the prior year, the business posted $2.33 earnings per share. QUALCOMM has set its Q4 2025 guidance at 2.750-2.950 EPS. Sell-side analysts expect that QUALCOMM Incorporated will post 9.39 EPS for the current 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 $0.89 dividend. The ex-dividend date is Thursday, September 4th. This represents a $3.56 annualized dividend and a yield of 2.1%. QUALCOMM’s dividend payout ratio (DPR) is 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.