Jeppson Wealth Management LLC Grows Stock Holdings in QUALCOMM Incorporated $QCOM

Jeppson Wealth Management LLC grew its holdings in shares of QUALCOMM Incorporated (NASDAQ:QCOM) by 0.6% in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 16,040 shares of the wireless technology company’s stock after buying an additional 95 shares during the quarter. QUALCOMM accounts for 0.9% of Jeppson Wealth Management LLC’s portfolio, making the stock its 25th largest position. Jeppson Wealth Management LLC’s holdings in QUALCOMM were worth $2,555,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of the business. McAdam LLC grew its stake in QUALCOMM by 37.7% during the second quarter. McAdam LLC now owns 3,088 shares of the wireless technology company’s stock worth $492,000 after buying an additional 845 shares during the period. Harrell Investment Partners LLC purchased a new stake in QUALCOMM during the second quarter worth approximately $769,000. Regatta Capital Group LLC grew its stake in QUALCOMM by 10.0% during the second quarter. Regatta Capital Group LLC now owns 1,911 shares of the wireless technology company’s stock worth $304,000 after buying an additional 174 shares during the period. Verum Partners LLC grew its stake in QUALCOMM by 11.1% during the second quarter. Verum Partners LLC now owns 1,992 shares of the wireless technology company’s stock worth $317,000 after buying an additional 199 shares during the period. Finally, Foster Victor Wealth Advisors LLC grew its stake in QUALCOMM by 4.6% during the second quarter. Foster Victor Wealth Advisors LLC now owns 151,925 shares of the wireless technology company’s stock worth $24,209,000 after buying an additional 6,687 shares during the period. 74.35% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

QCOM has been the subject of several analyst reports. Rosenblatt Securities restated a “buy” rating and issued a $225.00 target price on shares of QUALCOMM in a research note on Thursday, July 31st. Mizuho decreased their target price on shares of QUALCOMM from $190.00 to $185.00 and set an “outperform” rating for the company in a research note on Thursday, July 31st. 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. Bank of America decreased 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. Finally, Piper Sandler decreased 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 assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, QUALCOMM has a consensus rating of “Moderate Buy” and a consensus target price of $182.82.

Insider Activity at QUALCOMM

In other QUALCOMM news, CAO Neil Martin sold 791 shares of the stock in a transaction 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 sale, the chief accounting officer directly owned 1,106 shares of the company’s stock, valued at approximately $171,230.92. This represents a 41.70% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CFO Akash J. Palkhiwala sold 3,333 shares of the stock in a transaction on Tuesday, September 2nd. The stock was sold at an average price of $156.86, for a total transaction of $522,814.38. Following 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 disclosure for this sale can be found here. Over the last three months, insiders sold 13,100 shares of company stock valued at $2,026,291. Insiders own 0.08% of the company’s stock.

QUALCOMM Trading Up 2.4%

QCOM opened at $173.55 on Thursday. The stock has a market capitalization of $187.26 billion, a PE ratio of 16.74, a P/E/G ratio of 2.45 and a beta of 1.21. The firm’s fifty day moving average price is $158.04 and its 200 day moving average price is $152.66. The company has a debt-to-equity ratio of 0.54, a current ratio of 3.19 and a quick ratio of 2.38. QUALCOMM Incorporated has a 12-month low of $120.80 and a 12-month high of $182.10.

QUALCOMM (NASDAQ:QCOM) last posted its quarterly 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. The firm had revenue of $10.37 billion for 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 quarterly revenue was up 10.4% on a year-over-year basis. During the same period 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. As a group, research analysts expect that QUALCOMM Incorporated will post 9.39 EPS for the current fiscal year.

QUALCOMM Announces Dividend

The business also recently declared 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. The ex-dividend date of this dividend is Thursday, September 4th. This represents a $3.56 annualized dividend and a yield of 2.1%. QUALCOMM’s dividend payout ratio is currently 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.