QTR Family Wealth LLC Acquires 131 Shares of QUALCOMM Incorporated $QCOM

QTR Family Wealth LLC increased its holdings in shares of QUALCOMM Incorporated (NASDAQ:QCOM) by 4.9% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,801 shares of the wireless technology company’s stock after acquiring an additional 131 shares during the period. QTR Family Wealth LLC’s holdings in QUALCOMM were worth $446,000 at the end of the most recent reporting period.

Other hedge funds have also bought and sold shares of the company. OVERSEA CHINESE BANKING Corp Ltd boosted its stake in QUALCOMM by 565.0% during the first quarter. OVERSEA CHINESE BANKING Corp Ltd now owns 124,327 shares of the wireless technology company’s stock worth $19,098,000 after acquiring an additional 105,631 shares in the last quarter. PFG Advisors boosted its stake in QUALCOMM by 8.0% during the first quarter. PFG Advisors now owns 4,314 shares of the wireless technology company’s stock worth $663,000 after acquiring an additional 321 shares in the last quarter. Sumitomo Mitsui DS Asset Management Company Ltd boosted its stake in QUALCOMM by 3.3% during the first quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 188,654 shares of the wireless technology company’s stock worth $28,979,000 after acquiring an additional 6,017 shares in the last quarter. Russell Investments Group Ltd. boosted its stake in QUALCOMM by 12.3% during the first quarter. Russell Investments Group Ltd. now owns 1,328,759 shares of the wireless technology company’s stock worth $203,904,000 after acquiring an additional 145,509 shares in the last quarter. Finally, Manchester Capital Management LLC boosted its stake in QUALCOMM by 0.5% during the first quarter. Manchester Capital Management LLC now owns 24,169 shares of the wireless technology company’s stock worth $3,713,000 after acquiring an additional 129 shares in the last quarter. Institutional investors own 74.35% of the company’s stock.

Insider Activity at QUALCOMM

In other news, insider Heather S. Ace sold 1,600 shares of the business’s 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 completion of the transaction, the insider directly 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 transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CAO Neil Martin sold 791 shares of the business’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 transaction, the chief accounting officer directly owned 1,106 shares of the company’s stock, valued at $171,230.92. The trade was a 41.70% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 9,767 shares of company stock valued at $1,488,745 over the last ninety days. Company insiders own 0.08% of the company’s stock.

Analysts Set New Price Targets

Several research analysts have issued reports on QCOM shares. Arete raised shares of QUALCOMM from a “neutral” rating to a “buy” rating and set a $200.00 target price for the company in a report on Tuesday, August 26th. Wall Street Zen downgraded shares of QUALCOMM from a “buy” rating to a “hold” rating in a research note on Sunday, August 3rd. Arete Research set a $200.00 target price on shares of QUALCOMM in a research note on Tuesday, August 26th. JPMorgan Chase & Co. upped their target price on shares of QUALCOMM from $190.00 to $200.00 and gave the stock an “overweight” rating in a research note on Monday, July 28th. Finally, Sanford C. Bernstein set a $185.00 target price on shares of QUALCOMM and gave the stock an “outperform” rating in a research note on Monday, July 28th. One 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 assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $182.82.

QUALCOMM Stock Up 0.6%

QCOM opened at $166.36 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. The firm has a 50 day moving average price of $158.96 and a 200-day moving average price of $153.03. QUALCOMM Incorporated has a twelve month low of $120.80 and a twelve month high of $182.10. The stock has a market capitalization of $179.50 billion, a price-to-earnings ratio of 16.04, a PEG ratio of 2.39 and a beta of 1.21.

QUALCOMM (NASDAQ:QCOM) last released its quarterly earnings data on Wednesday, July 30th. The wireless technology company reported $2.77 earnings per share for the quarter, beating the consensus estimate 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 during the quarter, compared to analysts’ expectations of $10.33 billion. During the same period in the previous year, the company earned $2.33 earnings per share. The firm’s quarterly 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 forecast that QUALCOMM Incorporated will post 9.39 earnings per share for the current year.

QUALCOMM Dividend Announcement

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

QUALCOMM 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.